Economy 5125 May12:0014:0016:0018:0020:00
New Bank of Canada Governor Faces Stagflation, Rosenberg Says

25 May 19:55 1 article

New Bank of Canada Governor Faces Stagflation, Rosenberg Says

Incoming Bank of Canada Governor Tiff Macklem will face a combination of rising prices and stagnant growth as the economy struggles to recover from the coronavirus pandemic.

25 May 19:55 Bloomberg.com 4032480121499719978.html
Which shops will reopen on June 1 and June 15 - and what will stay closed?

25 May 19:51 1 article

Which shops will reopen on June 1 and June 15 - and what will stay closed?

A guide to what shops will reopen and when - and which will remain closed - after Prime Minister Boris Johnson today announced a big step in the easing of coronavirus restrictions

25 May 19:51 mirror 675785259758808950.html
Germany takes Lufthansa stake in landmark $15b bailout

25 May 19:18 3 articles

Germany takes Lufthansa stake in landmark $15b bailout

The German government takes a 20 per cent stake in the struggling airline that has been battered by the pandemic.

25 May 19:18 The Age 7967730561851023225.html
Germany takes Lufthansa stake in landmark $15b bailout

The German government takes a 20 per cent stake in the struggling airline that has been battered by the pandemic.

25 May 19:18 Brisbane Times 2314609338870095737.html
Berlin to take 20% stake in €9bn bailout of Lufthansa as airline struggles amid Covid-19 travel fallout

Germany will offer Lufthansa a €9bn bailout in return for a 20% stake two decades after the airline was privatised with much fanfare.

25 May 19:00 Irishexaminer 8196011179890711947.html
Understanding VC cycles for post-pandemic success

25 May 19:12 1 article

Understanding VC cycles for post-pandemic success

VC investing is currently in a 'triage' stage. Here's a look at how that will change as we gradually emerge from the pandemic.

25 May 19:12 VentureBeat 6273363634984043954.html
Walmart Mexico pays Mexico about $359 million in back taxes

25 May 19:34 1 article

Walmart Mexico pays Mexico about $359 million in back taxes

MEXICO CITY (AP) — Walmart de Mexico said Monday it has paid the Mexican government the equivalent of about $359 million in taxes for its 2014 sale of a restaurant...

25 May 19:34 The Seattle Times 9121942836887887483.html
UCD academics call for virus safety incentives for businesses

25 May 19:27 1 article

UCD academics call for virus safety incentives for businesses

Study shows businesses that invest in workplace safety 20% more likely to ‘go under’

25 May 19:27 The Irish Times 8204772969162564636.html
Berlin takes the controls at Lufthansa in €9B bailout

25 May 19:14 1 article

Berlin takes the controls at Lufthansa in €9B bailout

The largest aviation rescue in Europe is going to have to be approved by Brussels.

25 May 19:14 POLITICO 2584151345705609581.html
IPG Photonics: Buy On Weakness

25 May 19:55 1 article

IPG Photonics: Buy On Weakness

IPG owns one of the safest and strongest balance sheets in corporate America. The long-term trend of rising demand for lasers of all types puts the wind at your

25 May 19:55 Seeking Alpha 5725634556785686093.html
Applied Materials - A Buy, But Expect A Rollercoaster Ride

25 May 19:09 1 article

Applied Materials - A Buy, But Expect A Rollercoaster Ride

Applied Materials is a leading maker of semiconductor capital equipment, and represents one way to play the long-term secular growth in compute power and digita

25 May 19:09 Seeking Alpha 5725634556365009875.html
Capturing The Trend In Cryptocurrencies

25 May 19:34 1 article

Capturing The Trend In Cryptocurrencies

Bitcoin's price volatility reaches 6-year high. The upward momentum of cryptocurrencies can create enormous returns on investment, but the downside risk is subs

25 May 19:34 Seeking Alpha 5725634557194683544.html
Newmont Corporation: Digging Into The Q1 Results

25 May 19:24 1 article

Newmont Corporation: Digging Into The Q1 Results

Newmont Corporation released its Q1 results earlier this month, reporting quarterly gold production of 1.5 million ounces at all-in sustaining costs just above

25 May 19:24 Seeking Alpha 5725634557304640863.html
Walmart: Don't Chase The Rally

25 May 19:16 1 article

Walmart: Don't Chase The Rally

Walmart US posts a record Q1, but the margin outlook is cause for concern. The International segment is set to come under pressure amid forced closures and macr

25 May 19:16 Seeking Alpha 5725634557667079347.html
Five9: Stock At All Time-Highs But Still Remains Attractive

25 May 19:56 1 article

Five9: Stock At All Time-Highs But Still Remains Attractive

Five9 reported a good Q1 with revenue growing 28% to ~$95 million, around $5 million above expectations. Management reiterated their 2020 revenue guidance of ~1

25 May 19:56 Seeking Alpha 5725634556573853766.html
My Perennial Income Portfolio

25 May 19:27 1 article

My Perennial Income Portfolio

The goal is to create a ‘stocks portfolio’ which will generate enough regular dividend cash to take care of my cash flow budget when I retire. The dividends sho

25 May 19:27 Seeking Alpha 5725634556461986147.html
Arista Networks: Free Cash Flow To Drive The Stock Back To $300

25 May 19:55 1 article

Arista Networks: Free Cash Flow To Drive The Stock Back To $300

Arista Networks displays a stellar balance sheet and juicy net profit margins. Discounted cash flow model points towards a return to $300/share, with prudent gr

25 May 19:55 Seeking Alpha 5725634558090041927.html
Quarantined investors create ‘perfect storm of stupid’ (Plus, a TSX stock skyrocketing on the shift to remote working)

25 May 19:28 1 article

Quarantined investors create ‘perfect storm of stupid’ (Plus, a TSX stock skyrocketing on the shift to remote working)

A roundup of investment ideas for active investors

25 May 19:28 The Globe and Mail 68426410316156857.html
British Columbia alcohol sales spike as social cues are lost

25 May 19:00 1 article

British Columbia alcohol sales spike as social cues are lost

Compared to same period last year, alcohol sales rose 21.5 percent since 2018

25 May 19:00 The Globe and Mail 68426410281484075.html
California opens places of worship, in-store retail businesses -health officials

25 May 19:56 1 article

California opens places of worship, in-store retail businesses -health officials

California retail with in-store shopping and places of worship that were closed under one of the most restrictive coronavirus containment rules in the United States may now open, health authorities announced on Monday.

25 May 19:56 Financial Post 2379081491752182511.html
EU to announce green strings for post-pandemic funding

25 May 19:51 1 article

EU to announce green strings for post-pandemic funding

The European Union is due to announce economic recovery plans which could be up to one trillion euros and wants to pull Europe out of the crisis with green measures.

25 May 19:51 euronews 7318238122599509120.html
Analysis: Will Europe unite around the EU's coronavirus recovery plan?

25 May 19:26 1 article

Analysis: Will Europe unite around the EU's coronavirus recovery plan?

Euronews' political editor Darren McCaffrey looks at the splits over the EU's coronavirus recovery plan.

25 May 19:26 euronews 7318238122057528969.html
Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds

25 May 19:42 1 article

Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds

Collections may come under pressure once the base effect wears off

25 May 19:42 Business-Standard 1502508925986000042.html
Domestic mutual funds increase ownership of Nifty companies in Q4

25 May 19:25 1 article

Domestic mutual funds increase ownership of Nifty companies in Q4

Compared to the March quarter last year, the ownership is higher by 140 bps

25 May 19:25 Business-Standard 1502508924719629769.html
Volkswagen Touareg V8 confirmed for Australia

25 May 19:45 1 article

Volkswagen Touareg V8 confirmed for Australia

The Volkswagen Touareg will be available with twin turbo V8 diesel power in Australian showrooms from late 2020.

25 May 19:45 CarAdvise 772235095065707457.html
Mercedes: carbon-neutral production starts with electric car batteries

25 May 19:47 1 article

Mercedes: carbon-neutral production starts with electric car batteries

“It would defy the purpose of an electric vehicle if you used too much CO2 to produce it,” says Mercedes.

25 May 19:47 CarAdvise 772235095413085250.html
CRA extends some trust and corporate filing deadlines

25 May 19:33 1 article

CRA extends some trust and corporate filing deadlines

The Canada Revenue Agency is extending some of the filing deadlines for corporations and trusts in a move to help businesses and tax preparers dealing with the COVID-19 pandemic.

25 May 19:33 BNN 3833521688924304198.html
Europeans Save Less, Spend More As Economy Lags

25 May 19:23 1 article

Europeans Save Less, Spend More As Economy Lags

European consumers are saving more to safeguard against the pandemic economy, which analysts say will hinder economic recovery.

25 May 19:23 PYMNTS.com 7357138826376049801.html
Asian shares up as recovery hopes overshadow virus worries

25 May 19:46 1 article

Asian shares up as recovery hopes overshadow virus worries

TOKYO — Shares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic. The market focus is shifting to how various nations are adapting to getting back to business, while striving to keep new COVID-19 cases in check. Japan lifted …

25 May 19:46 City NEWS 1130 5858657121007239864.html
Hotel owners fight to save jobs during COVID-19 crisis

25 May 19:00 1 article

Hotel owners fight to save jobs during COVID-19 crisis

As we speak, hotel occupancy rates have plummeted to less than 5% in the entire country

25 May 19:00 New Vision 9103146373610803650.html
Federal government launches hotline to offer businesses advice amid COVID-19 pandemic

25 May 19:57 1 article

Federal government launches hotline to offer businesses advice amid COVID-19 pandemic

The federal government has partnered with the Canadian Chamber of Commerce to launch a hotline to provide free advice to businesses.

25 May 19:57 mobilesyrup 1267416330550110967.html
US Dollar Index Asia Price Forecast: DXY parked below the 100.00 mark

25 May 19:32 1 article

US Dollar Index Asia Price Forecast: DXY parked below the 100.00 mark

The US Dollar Index (DXY) is starting the week with an attempt to retake the 100.00 mark and the 50 SMA. However, Monday’s bulls’ effort has not been successf

25 May 19:32 FXStreet 4480975638975219959.html
China's Deputies brainstorm support for businesses – Global Times

25 May 19:35 1 article

China's Deputies brainstorm support for businesses – Global Times

The Global Times is reporting how Chinese Deputies to the ongoing National People's Congress have suggested that the government work out more measures

25 May 19:35 FXStreet 4480975639857848171.html
AUD/USD: Between economic recovery hopes and US-China tensions – CitiBank

25 May 19:08 1 article

AUD/USD: Between economic recovery hopes and US-China tensions – CitiBank

Analysts at Citibank point out that US-China tension escalation and the concern of second wave crisis limited the performance of the Australian dollar

25 May 19:08 FXStreet 4480975638575913071.html
Gold Price Analysis: XAU/USD meets a plateau as global CODVID curve peaks

25 May 19:01 1 article

Gold Price Analysis: XAU/USD meets a plateau as global CODVID curve peaks

The price of XAU/USD is at $1,727.88, -0.45 and has sunk from a high of $1,735.67 falling to $1,721.61 on the day. Gold is a complicated mix of deflat

25 May 19:01 FXStreet 4480975638524115369.html
Pound Sterling Price News and Forecast: GBP/USD taking advantage of a softer US dollar and slight risk-on tones

25 May 19:15 1 article

Pound Sterling Price News and Forecast: GBP/USD taking advantage of a softer US dollar and slight risk-on tones

GBP/USD is currently trading at 1.2192 and slightly higher at the start of the week. Investors remain bullish on the relaxation of lockdown measures w

25 May 19:15 FXStreet 4480975640054771597.html
Transat extends Air Canada takeover timing following European regulatory review

25 May 19:45 1 article

Transat extends Air Canada takeover timing following European regulatory review

TORONTO — Transat AT has extended the timing of its acquisition by Air Canada after European regulators launched an in-depth investigation into the deal over concerns it may reduce competition and result in higher prices.

25 May 19:45 KitchenerToday.com 52741008948680926.html
Why There Is A Row Over Tirupati Temple Trust’s Call To Auction Properties

25 May 19:03 1 article

Why There Is A Row Over Tirupati Temple Trust’s Call To Auction Properties

Furore over Tirupati Tirumala temple board’s decision to sell 23 land assets in TN

25 May 19:03 Swarajya 4977622829854320291.html
PCCI supports cut in corporate taxes

25 May 19:20 1 article

PCCI supports cut in corporate taxes

The Philippine Chamber of Commerce and Industry said it strongly supports the immediate passage of the Corporate Recovery and Tax Incentives for Enterprises Act which was formerly known as the Corporate Income Tax and Incentives Reform Act.

25 May 19:20 manilastandard.net 4715274785850905537.html
BSP has room to reduce interest

25 May 19:30 1 article

BSP has room to reduce interest

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Monday the manageable inflation environment is giving monetary authorities the “elbow room” to further cut the benchmark interest rates if needed to counter the impact of the pandemic.

25 May 19:30 manilastandard.net 4715274785447619556.html
GCash registrations increase by 250%

25 May 19:10 1 article

GCash registrations increase by 250%

Globe Telecom Inc. saw an increase in mobile wallet users amid the enhanced community quarantine in the country.

25 May 19:10 manilastandard.net 4715274784916899510.html
Bharti Airtel promoter to raise $1 billion through equity: Sources

25 May 19:39 2 articles

Bharti Airtel promoter to raise $1 billion through equity: Sources

Bharti Airtel promoter firm Bharti Telecom plans to raise USD 1 billion through equity sale to become debt-free, according to a source aware of the development. The promoter firm Bharti Telecom plans

25 May 19:39 Deccan Herald 2027555796955710237.html
Bharti Airtel promoter to raise USD 1 billion through equity: Sources

Bharti Airtel promoter firm Bharti Telecom plans to raise USD 1 billion through equity sale to become debt free, according to a source aware of the development.

25 May 19:06 The Financial Express 1288289579710042109.html
Sterling under pressure as Johnson faces Tory revolt in Cummings affair

25 May 19:00 1 article

Sterling under pressure as Johnson faces Tory revolt in Cummings affair

Sterling under pressure as Johnson faces Tory revolt in Cummings affair

25 May 19:00 Saudi Gazette 6913978435231196436.html
Permian basin keeps drilling alive while US rig count decline seems bottomless

25 May 19:53 1 article

Permian basin keeps drilling alive while US rig count decline seems bottomless

Permian basin keeps drilling alive while US rig count decline seems bottomless

25 May 19:53 Saudi Gazette 6913978434320026991.html
IDFC First Bank senior management takes 10% pay cut

25 May 19:12 1 article

IDFC First Bank senior management takes 10% pay cut

Private sector IDFC First Bank on Monday said its senior management has voluntarily taken pay cut of 10 per cent due to coronavirus pandemic, while the CEO offered to surrender as much as 30 per cent of his salary.

25 May 19:12 The Financial Express 1288289581514597618.html
ASX to open higher, $A steady

25 May 19:17 1 article

ASX to open higher, $A steady

Australian shares are poised to advance, extending Monday's surge. German shares lift on Lufthansa rescue.

25 May 19:17 Australian Financial Review 3974284486436395064.html
Prices Of N-95 Masks Fall 47% After Pharma Pricing Body's Advisory: Government

25 May 19:02 1 article

Prices Of N-95 Masks Fall 47% After Pharma Pricing Body's Advisory: Government

Leading manufacturers and importers of N-95 masks have reduced prices by up to 47 per after regulator NPPA stepped in to ensure the availability of this respiratory protection device at affordable rates in the country, the government said on Monday.

25 May 19:02 NDTV.com 5090057681636766630.html
Is deflation set to become Economic Enemy No 1?

25 May 19:21 1 article

Is deflation set to become Economic Enemy No 1?

Amid all the uncertainties that lie ahead is the possibility of deflation setting in post-Covid-19. Negative inflation rates would create an even steeper and longer hill to climb out of economic recession than we are already expecting. It will all come down to whether demand under- or over-shoots supply. The jury is out.

25 May 19:21 Daily Maverick 2373996788370052599.html
Global Markets: German sentiment survey boosts stocks, Europe focuses on recovery fund

25 May 19:35 1 article

Global Markets: German sentiment survey boosts stocks, Europe focuses on recovery fund

By Yoruk Bahceli and Saikat Chatterjee LONDON (Reuters) - Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns. MSCI's gauge of world stocks gained 0.4%, nearing a 2-1/2 month high. The pan-European STOXX 600 index was up 1.2%

25 May 19:35 Firstpost 4760741713793503318.html
SA Express liquidators seek more powers for asset sales to free up cash

25 May 19:18 1 article

SA Express liquidators seek more powers for asset sales to free up cash

Liquidators might launch a court application for the extension of their powers so they can sell SA Express assets, cancel aircraft leases and solicit or assess bids for the airline by potential buyers. The powers would enable them to free up cash to pay the airline’s creditors, who are owed more than R2.5bn.

25 May 19:18 Daily Maverick 2373996788191976361.html
COVID-19: Dubai Tourism, stakeholders discuss strategies for industry revival

25 May 19:16 1 article

COVID-19: Dubai Tourism, stakeholders discuss strategies for industry revival

Emirates commenced passenger flights between Dubai and nine destinations from May 21

25 May 19:16 Gulf News 2086521543724339915.html
Delhi gas operators seek tax relief, loan restructuring to deal with lockdown impact

25 May 19:38 1 article

Delhi gas operators seek tax relief, loan restructuring to deal with lockdown impact

 Pummeled by evaporating demand and fall in business due to the lockdown, city gas operators such as Adani Gas, GAIL and Torrent Gas have sought tax relief and loan restructuring to tide over

25 May 19:38 Deccan Herald 2027555797806061652.html
Coronavirus impact: Will video on demand replace theatres?

25 May 19:16 1 article

Coronavirus impact: Will video on demand replace theatres?

The last one week has seen a heightened row between multiplex owners and film producers in India, when the latter decided to release their upcoming releases on VOD platforms

25 May 19:16 Business Today 1145527432559986388.html