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National Australia Bank sees 'significant risk' of monetary easing next month

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USA stocks end mixed amid concerns over economy reopening

Stocks closed mostly flat on Monday as tech stocks continued to rally but investors expressed concern about plans to reopen the USA economy. Wuhan, where the ...

China bans Aussie meat exports as Covid-19 tensions rise

Tensions between Australia and China are growing as the government continues its calls for an inquiry into the origins of the coronavirus outbreak. Australia ...

Sunak set to announce furlough extension

The changes to the Coronavirus Job Retention Scheme could be announced by Chancellor Rishi Sunak as soon as today. The government has been taken aback by ho...

Donald Trump hits back at Barack Obama's COVID-19 criticism

Hume said "we have more to learn" about Obama's role in the Flynn investigation. President Donald Trump's re-election campaign and the Republican National C...

Argentina's Creditors Await Next Steps With No Deal In Sight

The extension comes after the original May 8 deadline was rejected by the three leading groups of creditors. "Clearly, both sides are playing hardball", Capit...

In leaked call, Obama describes Trump handling of virus as chaotic

He said it would have been bad even with the best of government but it has been an absolute chaotic disaster when one considers the mindset of the administratio...

RIL fixes May 14 as record date for rights issue

The company has obtained in-principle approvals from both the leading exchanges BSE and the NSE for the rights issue of 42,26,26,894 equity shares. The rights...

World's second oldest airline, Avianca, goes bust

It said the pandemic had cut more than 80% of its income, and it was struggling with high fixed costs. If it fails to come out of bankruptcy , Avianca woul...

Bankrupt hospitals sue feds for Paycheck Protection Program loans

A list of which private companies got the money has not been released by the Small Business Administration . The letters request detailed information on each o...

Feds pledge COVID-19 aid for country's biggest companies

In his daily briefing, Prime Minister Justin Trudeau said these were bridge loans and not bailout packages, and are not meant for companies that have had financ...

AMC Entertainment jumped 56% on Report of Talks about takeover by Amazon

The report, however, didn't specify if the negotiations are now ongoing or if an agreement can be expected in the upcoming weeks. AMC and Dailan Wanda did not...

Greybull and Apollo weigh up swoop for Virgin Atlantic

He's seeking outside investors for the airline, while also weighing an infusion of his own funds. The shares, sold via Sir Richard's British Virgin Islands-ba...

Canada unveils new financial aid measures to support large businesses

The financing, created to help companies retain workers over the course of the crisis, comes with a number of caveats. The press conference will be streamed l...

Seven-seat hybrid SUV confirmed for United Kingdom sale in 2021 — Toyota Highlander

Like the RAV4, the Highlander uses a 2.5-litre Atkinson-cycle four-cylinder petrol engine and a CVT gearbox - although it features an electric motor on each axl...

Government hikes market borrowing limit to Rs 12 lakh crore for FY21

Earlier in 2019-20, this estimate was Rs 7.1 lakh crore. With the continuous liquidity support by RBI, the system surplus liquidity position has increased sig...

Small number of Major League Baseball employees test positive for Covid-19 antibodies

Antibodies are produced by a person's immune system if they have been infected by a virus. "I was expecting a little bit of a higher number", Bhattacharya sai...

Morrisons selling petrol below £1 per litre

The AA said it hoped more retailers would follow Morrisons' move. RAC fuel spokesman Simon Williams said: "Although the lockdown is far from over, yesterday's...

Saudi Arabia is suspending cost of living allowance and increasing Value-Added Tax

Meanwhile the cost of living allowance is set to be suspended from June 1, 2020, Saudi Arabia's state news agency SPA reports. When in 2018, Saudi Arabia firs...

April's Job Losses Show Many Workers Are Still Connected to Their Employers

Bryson, acting chief economist at Wells Fargo Securities, wrote in an analysis. Weekly figures released on Thursday showed a further 3.2 million Americans sou...

West Sussex waste recycling sites reopen with restrictions

The County Council is also working with all of Nottinghamshire's District and Borough Councils to support them to re-establish bulky and green waste domestic co...

Delta Air Lines Suspending Service at 10 Airports

By consolidating operations into fewer airports, Delta Senior Vice President Sandy Gordon said the airline will be able to allow more workers to stay home ami...

Johnson tells United Kingdom to 'stay alert' ahead of lockdown speech

Check out The China Report , our new weekly newsletter. He said people who can not work from home, such as those in construction or manufacturing, "should be...

Reliance Fixes May 14 As Record Date For Rights Issue

The company also had received in-principle approvals from BSE and the National Stock Exchange of India Ltd for the proposed rights issue. One equity share can b...

Elon Musk files lawsuit against factory closure fight, threatens to leave California

Tesla builds more than 415,000 cars a year at the Fremont plant and moving the entire production facility would be a massive undertaking. Musk's tweets come ...

There was one victor of Saturday's Lotto jackpot of €4,041,306

There have been 42 lotto jackpot winners from Clare since lotto began and this is the 5th jackpot victor of 2020. Detail on the store in which the ticket was ...

Mazda Motor seeks $2.8b in loans to ride out pandemic

The virus outbreak has dragged down Mazda's sales in North America and Europe, the automaker's mainstay markets, and triggered suspensions of output at its pl...

Elon Musk threats to move Tesla HQ in row over plant reopening

While Tesla claimed it was an essential business , the county's health officer disagreed and said the plant posed a public-health risk. He wrote in another ...

Saudi triples Value-Added Tax, halts govt handouts in austerity drive

Minister of Finance and Acting Minister of Economy and Planning, Mohammad Aljadaan, highlighted the importance of the measures undertaken to protect the Saudi e...

Energy Shares Rise as Oil Prices Continue to Rally -- Energy Roundup

The market has been in a downtrend for some time so it is not a huge surprise that we would give back some of the massive gains that we had seen. The number o...

Washington in talks with chipmakers about building U.S. factories

Taiwan Semiconductor Manufacturing Co ( TSMC ), on the other hand, has been in talks with the U.S. Department of Commerce about building a U.S. factory but sai...