Finance

Wall St rises with economic hopes; bank stocks jump

However, the indicator did not managed to hold above the key psychological level of 3,000 points after President Donald trump said that the U.S.is working on a ...


Boeing slashes 12,000 jobs as coronavirus seizes travel industry

Boeing announced it will lay off almost 7,000 employees in the USA as a part of a wave of 13,000 global cuts in a previously announced plan to cut costs amid...


AngloGold Ashanti: Mponeng Mine Operations Suspended Due to Covid-19 Cases

The gold mining firm said all positive cases would be isolated, with on-site facilities available for those who may need them. The "vast majority" of those wh...


Von der Leyen unveils €750 billion recovery fund

European Commission President Ursula von der Leyen said in a statement: "The recovery plan turns the huge challenge we face into an opportunity, not only b...


Google will start start reopening offices at 10% capacity in July

As a resultthe company is providing a $1,000 allowance to staff to help them buy computers, office furniture and other equipment needed for remote work. "We'll ...


Government extends furlough scheme by another month as coronavirus lockdown goes on

Acas has hastily also updated its guidance to reflect the need for a written agreement which the employer has to keep for five years. The updated guidance con...


Heavily Redesigned 2021 Hyundai Santa Fe SUV Teased

The objective behind adding these features is to make the Hyundai Santa Fe a recognizable auto. Hyundai has revealed its first glimpse at the next generatio...


Germany Saves Lufthansa from Crashing; Agrees $9.8B Rescue Package

The conditions of the bailout do not include any stipulation with regard to environmental targets . "Whereas Lufthansa can use this latest EUR9 billion subsi...


LATAM Airlines files for bankruptcy as coronavirus slams travel industry

LATAM is the latest corporate victim of the coronavirus pandemic that has brought a virtual halt to air travel, joining Colombia's Avianca Holdings SA and Aus...


Volkswagen must buy back 'dieselgate' cars: Germany's top court

Monday's case involved 65-year-old Herbert Gilbert from the southwest German state of Rhineland-Palatinate who sought a full refund for a used Sharan minivan he...


Province won't make COVID-19 vaccine mandatory: Kenney

To date, health officials have completed 228,793 tests for the disease in Alberta. The number of cases in the Central zone remains 99 and there have been no...


Japan to lift its state of emergency tonight

Nishimura said at a news conference later that day that there were fewer new cases in Tokyo and Saitama, Chiba and Kanagawa prefectures as well as Hokkaido and ...


Taiwan vows 'necessary assistance' to Hong Kong residents

Those protests culminated in a standoff at a major university and sit-in that led to flight cancellations at the Hong Kong International Airport . Some of ...


Facebook is offering permanent Work from Home opportunity for its employees

With the announcement that Facebook is ready to let employees work from home permanently, chief executive Mark Zuckerberg has untethered one of Silicon V...


Florida lifts COVID-19-related restrictions on youth activities

Florida has been one of the first states to roll back lockdown orders and allow many non-essential businesses to reopen. "They've got, like 5,000-plus fatalitie...


Toronto's Parks Were Jam-Packed This Weekend & Social Distancing Wasn't Happening

The statement continues that over 700 people from Toronto have died due to the coronavirus pandemic. This is what Trinity Bellwoods Park looked like on Satu...


Shopify is joining Twitter in permanent work-from-home shift

Banks such as JPMorgan Chase & Co. and are also reducing office capacity, at least in the short-term, as they try to maintain physical distancing in the wake of...


36% of Americans Less Willing to Get Coronavirus Vaccine if Trump Endorses

According to the National Centre for Biotechnology Information, mRNA vaccines represent a promising alternative to conventional vaccine approaches due to their ...


Senate confirms Donald Trump's pick as USA intel chief

Schumer said he spoke with Ratcliffe over the phone and asked him to confirm the finding by intelligence agencies that Russian Federation tried interfering in t...


Number of COVID-19 cases rise by 11 in Interior Health region

Bonnie Henry said May 22. "And it has been a week where people have taken it slowly, but we need to remember, and these outbreaks remind us that gatherings of...


Netflix to start culling inactive accounts

Rather, these inactive users will be given be sent reminders for cancellation of their accounts on their registered email address and also via an in-app notific...


Facebook plans to shift to work-from-home; lesser salary packages expected

Of those, many said that not having to commute offered them more time to work and more personal time, he said. He also said he predicts that opening up more...


US Senate passes bill that puts some Chinese listings at risk

The bill applies to all foreign companies, but is targeted at China , and follows intense criticism of Beijing by Mr Trump and other U.S. politicians. "The "...


Car-rental company Hertz files for bankruptcy

The company, which operates the Hertz, Dollar and Thrifty car-rental brands, had been holding talks with creditors after missing significant car-lease payments ...


Oil contracts for May went to unusual, negative territory

The coronavirus pandemic has triggered a domino effect in the world. Some refineries in China, India, Japan and South Korea have begun purchasing crude oil to...


Reuters/Ipsos poll: A quarter of Americans are hesitant about a coronavirus vaccine

Some health experts have admitted to being surprised by the survey numbers of people who would be willing to take a coronavirus vaccine. The government has ...


Hertz Files For Bankruptcy Due To Coronavirus Crisis

Its global operating regions including Europe, Australia and New Zealand were not included in the USA proceedings. The Chapter 11 proceedings only involve the U...


Oil prices drop after China abandons target for 2020 GDP amidst coronavirus

West Texas Intermediate crude oil , the US benchmark, pared gains to 3.60 percent, for a price of $33.11 per barrel, after rising as much as 5.57 percent befor...


USA mulls 'nuclear option' as China threatens Hong Kong autonomy

This also leaves Hong Kong's huge democracy movement helpless to block the legislation, as it did last year's extradition bill that would've sent the accused to...


US Mulls "Nuclear Option" As China Threatens Hong Kong Autonomy

Embassy Beijing, Frank J Whitaker, also told NBC News. "It is way worse than the extradition bill". Young, violent protesters who threw petrol bombs during ...


RBI Cuts Repo Rate By 40 Bps To 4%

RBI Governor Shaktikanta Das said during a press conference today, "This will facilitate the flow of funds at affordable rates and revive animal spirits". "The...


GDP growth in 2020-21 likely to remain in negative: RBI Governor

Assuming economic activity gets restored in a phased manner especially in the second half of this year, and taking into consideration favorable base effects, it...


Facebook to embrace remote work in post-pandemic shift

Afraid not, Zuckerberg said, addressing employees in a publicly broadcast livestream on his Facebook page. "We need to do this in a way that's thoughtful ...


Jobless claims are down but SD unemployment hits 10 percent

The department reported that 51,108 people filed for unemployment benefits. According to data released Thursday by the U.S. Department of Labor, an additional...


Beyond Local: Costco Canada now asking customers to wear masks

After the customer interrupts him to say "I'm not doing it". Tison thanked everyone for his support via his own Twitter account and added: "I was just trying...