Finance

Trump discusses latest unemployment numbers

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Bearish as Spread Between Spot Prices and June Futures Widens to $10

The slump in demand has created an oversupply of 9m barrels a day in the global market which threatens to swamp the world's traditional oil storage within wee...

The supposed design of the iPhone 12 Pro Max is revealed

The renders were based off CAD drawings, thanks to reliable source Max Weinbach and EverythingApplePro . The first image looks like a photo of a CAD illu...

Neiman Marcus to File for Bankruptcy Amid Coronavirus Losses

The company is the first major US department store operator to crumble during the coronavirus shutdown, which closed 43 locations - along with almost 24 Last Ca...

Coronavirus Large Business Interruption Loan Scheme - how it works

Mr Sunak said: "I want to ensure that no viable business slips through our safety net of support as we help protect jobs and the economy". Ebury is one of sever...

Oil prices fall around 6% after Trump virus address

Last week's dramatic fall in the value of global stock markets was prompted, in part, by Moscow's decision at the end of last week to end its cooperation with...

Covid-19: CMA clears Amazon to save Deliveroo from bankruptcy

The online giant had been due to plough £442m into Deliveroo in return for a stake, but the Competition and Markets Authority (CMA) put the deal on ice a year...

Goldman Sachs Predicts 36% Drop in iPhone Shipments

Goldman Sachs, an worldwide investment bank that cooperated with the USA technology giant Apple for the Apple Card initiative, which was presented to users past...

China's fixed-asset investment down 16.1 pct in Q1

China's financial system contracted by 6.8% within the first three months of 2020 from the identical interval a year in the past - its highest drop in nearly th...

Euromillions: UK ticket-holder scoops £58m jackpot

The winning numbers were 05, 07, 08, 16 and 20, with the Lucky Stars 02 and 12. It is up to the winning ticket-holder to decide if they wish to go public with...

China reports 27 new coronavirus cases, 4,632 deaths

No death was reported Saturday on the mainland. No asymptomatic case was re-categorized as a confirmed one, and 62 were discharged from medical observation incl...

Antiviral drug remdesivir shows promise in trial on monkeys with coronavirus

In video obtained by the outlet, Dr. Kathleen Mullane , the University of Chicago infectious disease specialist said most of the patients participating in th...

Florida Schools To Remain Closed The Rest Of The School Year

The state of Florida has been one of the top in distance education and DeSantis does not want to disrupt that. "There were some, their hair was on fire". "A p...

Volkswagen Tiguan facelift teaser hints at new 'dynamic' design

LED headlights will be standard equipment on the 2021 Tiguan , but the matrix lighting systems offered in Europe will not be on Tiguan crossovers sold in North...

Jeff Bezos calls for regular COVID-19 testing across industries - including Amazon

Now Bezos is buying a three-bedroom unit on the 20th floor; he already owns floors 21 through 24 in the 1912 building, which offers views of Madison Park and ...

Amazon says it may close French warehouses after court ruling

It said that "the risk of contravening the decision was too high" because of the "complexity" involved in its logistics activities. Amazon's French Chief Ex...

Ducati Panigale V4R Lego Technic - For Staying Home Pleasures

The Lego Technic Ducati Panigale V4R measures 32 cm long, 16 cm tall and 8 cm wide. Never before has " LEGO Build for Real" transported fans from game to r...

TVS acquires Britains most iconic sporting motorcycle brand Norton

TVS Motor company has announced that it has acquired Norton Motorcycles Holdings Ltd and Norton Motorcycles UK in an all-cash deal of GBP16 million. Founded b...

Saudi Aramco to Supply 8.5 Million Barrels per Day from May

The agreement wasn't enough to overcome signs that energy demand was cratering as people sheltered from the coronavirus pandemic. China reported that its econ...

Govt amends FDI policy, bars opportunistic investment by neighbouring nations including China

These changes were notified via a Press Note by the Department for Promotion of Industry and Internal Trade ( DPIIT ). "In the event of the transfer of owners...

Saudi Aramco says it will increase oil production capacity

The bounce faded quickly across markets. "Brent crude seems poised to sell-off another 10% here as the demand outlook seems like it will only get worse". Mean...

Get Your Money: Ensure You Receive a Stimulus Payment

The amount decreases for individuals who earn an adjusted gross income of more than $75,000 and couples who earn more than $150,000 a year, by $5 for every $100...

More travel restrictions in place

Beginning Friday and in effect until May 1, anyone who enters Manitoba must self-isolate for 14 days, including inter-provincial travel, moving the current stro...

Airbnb in advanced talks about new $1.4b loan

According to the report, the loan was for a five year term with an interest rate of 750 basis points over the Libor benchmark. Events to the new loan deal inc...

Experimental virus drug remdesivir effective in monkeys

Two patients died but most of the rest have already been discharged after their symptoms eased significantly. More than 100 COVID-19 patients treated with re...

Another Victim Of The EU Emission Laws — Ford Focus RS

Rumors have been running rampant that the next-generation vehicle would have 400 horsepower and be a hybrid. The European requirement for auto manufacturers t...

Lawmakers propose plan to give Americans $2,000 per month

Now, Rep. Ro Khanna , Democrat Congressman from California, who was the former co-chair of Sen. Plus, unemployed or now unemployed people will also get the ben...

Oil Bounces Back As Rising Stockpiles May Lead To Output Cuts

Brent crude was up 69 cents, or 2.5 per cent, at $28.38 a barrel by 0102 GMT. The Norwegian oil industry's trade association Norsk olje og gass was also uni...

China's Economy Contracted 6.8% In First Quarter

The virus was first identified in the city of Wuhan, in China's Hubei province, later spreading to other countries. The pandemic has infected more than 2 mill...

Futures jump on Trump's restart plan, coronavirus drug hopes

It suspended work late last month after workers tested positive for the coronavirus . Should they hold, the gains would extend the USA stock market's remarka...

This is the plan to reopen the U.S.

Trump's the-buck-stops-with-the-states posture is largely created to shield himself from blame should there be new outbreaks after states reopen or for other pr...