Finance

Trump instructs representatives to halt COVID-19 stimulus talks until after election

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Names of most PPP loan borrowers will be made public

Releasing details about companies with loans of more than $150,000 is a step in the right direction but doesn't go far enough because it means the identities of...

PM launches employment scheme for migrant workers

These 25 works are related to rural housing for the poor, plantations, provision of drinking water through Jal Jeevan Mission, and construction of panchayat bha...

United Kingdom tells telcos to stockpile Huawei gear in face of USA sanctions

Last month the Prime Minister's official spokesman revealed that the UK's National Cyber Security Centre (NCSC) had launched a review looking at the impact Unit...

Ford Delays 2021 Bronco Reveal A Few More Days

Mark Truby, communications chief at Ford, said in a tweet on Friday, that the debut of the Bronco will now be held on July 13. Ford previously tweeted that ...

Ontario confirms 206 new cases of coronavirus, 31 more deaths

That brings the province's total to 33,301. Toronto's Medical Officer of Health Dr. Eileen de Villa said yesterday that she was "encouraged" by the continued ...

Rio Tinto looks for lessons from Juukan Gorge blasting

Iron ore is Australia's top export, worth more than Aus$77 billion to the economy previous year. Rio Tinto initially defended its blasting in the Juukan Gor...

Wirecard CEO suspects missing €1.9bn is fraud

Wirecard shares took a plunge of over 60% on the DAX on Thursday, after it said auditor EY had refused to sign off its accounts for 2019, as it could not c...

Pandemic erases Quebec's projected surplus, throws province into $15B deficit

It will bounce back with a 6% expansion in 2021, according to the government, which plans to return the budget to balance within five years. The finance minis...

United Kingdom retail sales rebound after record slump

On a year-over-year basis, Retail Sales declined by as much as 32.5%. Retail sales in Canada have gone down 33.6 per cent since the social and physical distan...

Spain to allow Britons to visit from Sunday without quarantine

Spain may impose quarantine on British travellers when it reopens its borders on June 21, as a response to the same measure taken last week by Britain's governm...

Sisters Food Group Temporarily Shuts Welsh Poultry Plant After COVID-19 Outbreak

Dr Christopher Johnson, Consultant in Health Protection for Public Health Wales, said: 'Public Health Wales can confirm that employees and contractors of the 2...

Dow futures fall 300 points after a mixed day on Wall Street

Wall Street's main indexes opened sharply higher on Friday with the Nasdaq inching closer to a new record as investors bet on a quick bounce back in post-pandem...

Central Bank of Russian Federation lowers policy rate by 100 bps to 4.5%

It said that due to restrictive measures adopted in Russian Federation and across the world, disinflationary factors have been more profound than expected, whil...

One victor of €6.9m Lotto jackpot

There was one victor of tonight's Lotto jackpot, worth €6,933,904. Two further players will collect almost €34,000 each after both matching five numbers and t...

May UK government borrowing hits record £55.2bn

The rise was partly driven by record state borrowing in May. Government borrowing hit a record monthly high of £55.2bn in May, as the coronavirus continued to...

Telus To Launch 5G Wireless In Five Canadian Markets

Canada plans to invest C$40 billion to deploy 5G networks across the country in addition to C$200 billion investments made in establishing wireless networks, fr...

Fed's Rosengren says more support likely needed to bolster economy

Federal Reserve Bank of Boston President Eric Rosengren said the USA central bank and broader government will need to do more to help the economy emerge from t...

Wirecard's $2.1-billion hole deepens after forgery claim

A final report from the firm in March a year ago acknowledged accounting oversights and potential criminal liability among some Singapore staff, but did not fin...

Space Perspective is Preparing for Space Tourism by Balloon

There is now a new company in the future space tourism competition. The cabin will be equipped with a bar and a restroom. Speaking about the journey to be m...

Ontario sees uptick in new COVID-19 cases, 31 additional deaths

The province says that 206 new COVID-19 cases have been confirmed in Ontario and that over 2,500 residents have died of the virus, with 1,651 deaths occurring i...

United Kingdom government has no plans to end pension 'triple lock' - PM spokesman

This could mean that the basic state pension of £134.25 a week rises in line with the wages to £162.80 a week in 2022-23 - costing the Treasury up to £20billion...

Petrol, diesel price rise continues through the fortnight

With rates of auto fuels being raised for the 13th day in a row, price of diesel in Delhi crossed Rs 77/litre mark for the first time in history. Prior to the...

College Student Kills Himself After Seeing Huge Stock Loss

This note asks one simple question, "How was a 20-year-old with no income able to get assigned nearly a million dollars' worth of leverage?" The letter signed o...

Jeep SUVs recalled to fix problem that can cause power loss

According to the information released by the automaker, the affected SUVs need to have their transmission software updated, as the driveline connection could ...

Cruise Lines Extend Sailing Suspension Until September 15

Many lines have canceled specific cruises well past September 15, especially in areas that are prohibiting ship visits. The Cruise Lines International Ass...

Taco Bell Employee Fired For Wearing a Black Lives Matter Mask

Taco Bell said Thursday that it apologized to a man who was sacked from one of its OH franchises after refusing to take off a mask featuring Black Lives Matte...

Furlough Scheme over-claims in the UK

The furlough scheme works by providing grants to employers of up to 80% of salary to the maximum value of £2,500 per employee. July 31st 2020: Employers cla...

Elon Musk says Tesla will postpone annual shareholder meeting

An email about the day off was sent to employees just before 8 a.m. PST by the head of human resources Valerie Workman, a follow-up email said that the day woul...

Volkswagen's ID 4 revealed in leaked images

It is still open when Volkswagen will officially present the serial ID.4. Volkswagen's first all-electric SUV, the ID 4 , has broken cover thanks to leaked i...

Florida Hits New COVID-19 Single-Day High, Nears 70K Total Cases

Parkland showed 6 new cases this week for a total of 43 confirmed cases. The Florida Keys now have a total of 121 confirmed cases and fourt deaths. Over half ...