Markets
COVID-19 impacts dairy industry nationwide
- April 14, 2020
Elbe said he has since received backlash on social media when he went public about having to dump the milk. "Instead of folding in the face of COVID-19, farmers have answered the call by continuing to provide safe, nutritious food that people need to live healthy lives", the group stated in its letter. (more...)
- April 14, 2020
Elbe said he has since received backlash on social media when he went public about having to dump the milk. "Instead of folding in the face of COVID-19, farmers have answered the call by continuing to provide safe, nutritious food that people need to live healthy lives", the group stated in its letter. (more...)
JBS shutting Colorado meat plant
- April 14, 2020
Further, South Dakota Gov. Kristi Noem and Sioux Falls Mayor Paul TenHaken, wrote Smithfield on Saturday, recommending the company suspended operations for a minimum of 14 days. He was by no means symptomatic whereas at work and by no means labored within the facility whereas sick, in accordance to the corporate. Health officials confirmed cases among JBS workers. (more...)
- April 14, 2020
Further, South Dakota Gov. Kristi Noem and Sioux Falls Mayor Paul TenHaken, wrote Smithfield on Saturday, recommending the company suspended operations for a minimum of 14 days. He was by no means symptomatic whereas at work and by no means labored within the facility whereas sick, in accordance to the corporate. Health officials confirmed cases among JBS workers. (more...)
JUST IN: IMF Grant's debt relief to 25 countries
- April 14, 2020
According to the report, among emerging market and developing economies, to which Ukraine belongs, "all countries face a health crisis, severe external demand shock, dramatic tightening in global financial conditions, and a plunge in commodity prices". (more...)
- April 14, 2020
According to the report, among emerging market and developing economies, to which Ukraine belongs, "all countries face a health crisis, severe external demand shock, dramatic tightening in global financial conditions, and a plunge in commodity prices". (more...)
Trump uses coronavirus briefing to fire back at critics
- April 14, 2020
When Collins continued to question his assertion that he as president has "total authority", Trump brusquely rebuked her, snapping "Enough" and refused to answer, moving on to another question. Andrew Cuomo speaks in New York City, on March 30, 2020. A different team, expected to be formally announced as early as Tuesday, has begun meeting behind closed doors in the West Wing to tackle another matter paramount to President Donald Trump: how to begin reopening the American economy. (more...)
- April 14, 2020
When Collins continued to question his assertion that he as president has "total authority", Trump brusquely rebuked her, snapping "Enough" and refused to answer, moving on to another question. Andrew Cuomo speaks in New York City, on March 30, 2020. A different team, expected to be formally announced as early as Tuesday, has begun meeting behind closed doors in the West Wing to tackle another matter paramount to President Donald Trump: how to begin reopening the American economy. (more...)
500,000 Zoom accounts are being sold on the dark web
- April 14, 2020
A report by Bleeping Computer states that hackers are selling these Zoom accounts for less than a penny each and in some cases, they are being given away for free. Separately, Bleeping Computer also got its hands on some of the Zoom credentials and today confirmed that the data was the result of credential stuffing. (more...)
- April 14, 2020
A report by Bleeping Computer states that hackers are selling these Zoom accounts for less than a penny each and in some cases, they are being given away for free. Separately, Bleeping Computer also got its hands on some of the Zoom credentials and today confirmed that the data was the result of credential stuffing. (more...)
Another repo rate cut for SA
- April 14, 2020
South African government departments have conducted similar online conferences in light of a lockdown imposed from March 27 to try and curb the spread of Covid-19. "GDP is expected to grow by 2.2% in 2021 and by 2.7% in 2022", he added. There is space to cut more, we know oil prices have continued to decline although the exchange rate is worrisome. (more...)
- April 14, 2020
South African government departments have conducted similar online conferences in light of a lockdown imposed from March 27 to try and curb the spread of Covid-19. "GDP is expected to grow by 2.2% in 2021 and by 2.7% in 2022", he added. There is space to cut more, we know oil prices have continued to decline although the exchange rate is worrisome. (more...)
International Monetary Fund approves debt relief for Malawi
- April 14, 2020
But Ken Ofori-Atta said "The beauty of this is that the rapid credit facility which we went for I think we are the first to have gotten a double quota of a billion dollars, and I think is a zero percent facility, is 30 years, is 5 and half years moratorium, and it doesn't come with any conditionalities". (more...)
- April 14, 2020
But Ken Ofori-Atta said "The beauty of this is that the rapid credit facility which we went for I think we are the first to have gotten a double quota of a billion dollars, and I think is a zero percent facility, is 30 years, is 5 and half years moratorium, and it doesn't come with any conditionalities". (more...)
Govs collaborate on post-COVID reopening plans
- April 14, 2020
Cuomo said on his SiriusXM show that his battle with the disease has made him rethink his values and question his position as a public figure. "This partnership recognizes that we need to come up with a specific and a smart plan for the uncertain future that lies before us". (more...)
- April 14, 2020
Cuomo said on his SiriusXM show that his battle with the disease has made him rethink his values and question his position as a public figure. "This partnership recognizes that we need to come up with a specific and a smart plan for the uncertain future that lies before us". (more...)
Amazon will hire 75000 more workers to meet pandemic demand
- April 14, 2020
Amazon has said it has filled 100,000 new jobs in March and is adding 75,000 more to help meet customer demand during the novel coronavirus (COVID-19) health crisis. "The health and safety of our employees and contractors around the world continues to be our top priority", the Amazon spokeswoman said. Amazon has faced protests from current warehouse staff over whether it has provided adequate protection from coronavirus infections at its warehouses. (more...)
- April 14, 2020
Amazon has said it has filled 100,000 new jobs in March and is adding 75,000 more to help meet customer demand during the novel coronavirus (COVID-19) health crisis. "The health and safety of our employees and contractors around the world continues to be our top priority", the Amazon spokeswoman said. Amazon has faced protests from current warehouse staff over whether it has provided adequate protection from coronavirus infections at its warehouses. (more...)
SoftBank warns of $12.5B loss as coronavirus pummels WeWork
- April 14, 2020
Japan's SoftBank Group is expecting an annual operating loss and net loss for the first time in 15 years. The Vision Fund's key investments include Uber and the work chat app Slack, both of which have seen shares fall since going public previous year; DoorDash and WeWork, which have pushed back or cancelled listings; and ecommerce company Brandless, which collapsed in February. (more...)
- April 14, 2020
Japan's SoftBank Group is expecting an annual operating loss and net loss for the first time in 15 years. The Vision Fund's key investments include Uber and the work chat app Slack, both of which have seen shares fall since going public previous year; DoorDash and WeWork, which have pushed back or cancelled listings; and ecommerce company Brandless, which collapsed in February. (more...)
I will decide on easing coronavirus guidelines, not governors
- April 14, 2020
United States president Donald Trump has asserted he is the ultimate decision-maker for determining how and when to relax the nation's social distancing guidelines as he grows anxious to reopen the coronavirus-stricken country as soon as possible. (more...)
- April 14, 2020
United States president Donald Trump has asserted he is the ultimate decision-maker for determining how and when to relax the nation's social distancing guidelines as he grows anxious to reopen the coronavirus-stricken country as soon as possible. (more...)
Bar Owner Removes $3714 of Stapled Dollar Bills for Unemployed Staff
- April 14, 2020
Over the next three and a half days, five volunteers took on the tedious task to help gently take down the weathered money. Not only was she able to help out her staff during this hard time, but removing all the dollar bills also resulted in a new, fresh look for the bar. (more...)
- April 14, 2020
Over the next three and a half days, five volunteers took on the tedious task to help gently take down the weathered money. Not only was she able to help out her staff during this hard time, but removing all the dollar bills also resulted in a new, fresh look for the bar. (more...)
Disney World to furlough 43,000 workers during coronavirus closure
- April 14, 2020
The Florida theme park will stop paying some 43,000 workers after closing in mid-March due to the coronavirus pandemic, according to the employees' representatives. "These agreements provide an easier return to work when our community recovers from the impact of Covid-19". Its theme parks in Asia were closed in February with its parks in the USA and Paris closed in March. (more...)
- April 14, 2020
The Florida theme park will stop paying some 43,000 workers after closing in mid-March due to the coronavirus pandemic, according to the employees' representatives. "These agreements provide an easier return to work when our community recovers from the impact of Covid-19". Its theme parks in Asia were closed in February with its parks in the USA and Paris closed in March. (more...)
OPEC deal 'not almost enough' to hasten oil recovery, says Calgary expert
- April 14, 2020
In reaction to that , the Minister of State for Petroleum, Timipre Sylva, talked about the impact of the oil output cut by OPEC and its allies on the Nigerian economy and 2020 Budget. The Kremlin announced early on April 13 that Putin held a joint call with Trump and Saudi King Salman in which all three had expressed support for the deal. (more...)
- April 14, 2020
In reaction to that , the Minister of State for Petroleum, Timipre Sylva, talked about the impact of the oil output cut by OPEC and its allies on the Nigerian economy and 2020 Budget. The Kremlin announced early on April 13 that Putin held a joint call with Trump and Saudi King Salman in which all three had expressed support for the deal. (more...)
US Postal Service says it will run out of money by September
- April 14, 2020
Ravaged by the impact of the coronavirus pandemic, the United States Postal Service appealed to lawmakers on Thursday for an $89 billion lifeline, telling them that it could run out of cash by the end of September if Congress fails to act. (more...)
- April 14, 2020
Ravaged by the impact of the coronavirus pandemic, the United States Postal Service appealed to lawmakers on Thursday for an $89 billion lifeline, telling them that it could run out of cash by the end of September if Congress fails to act. (more...)
OPEC, Russia Approve Oil Production Cut Amid Pandemic
- April 13, 2020
Opec producers dominated by Saudi Arabia and allies led by Russian Federation met via videoconference for an hour on Sunday in a last effort to cement a deal struck early Friday. That includes contributions from nonmembers, steeper voluntary cuts by some OPEC-Plus members, and strategic purchases by the world's largest consumers. (more...)
- April 13, 2020
Opec producers dominated by Saudi Arabia and allies led by Russian Federation met via videoconference for an hour on Sunday in a last effort to cement a deal struck early Friday. That includes contributions from nonmembers, steeper voluntary cuts by some OPEC-Plus members, and strategic purchases by the world's largest consumers. (more...)
Saudi Arabia postpones the decision on oil production
- April 13, 2020
National oil company Saudi Aramco postponed the release pending the talks led by Riyadh held on Thursday which produced a tentative deal that faltered after Mexico balked at its share of the proposed output cut. "This simply reflects that no voluntary cuts could be large enough" to mitigate coronavirus demand loss, he said. Republican Senator Bill Cassidy, representing Louisiana, a major oil producing state, introduced on Thursday legislation that would pull all U.S. (more...)
- April 13, 2020
National oil company Saudi Aramco postponed the release pending the talks led by Riyadh held on Thursday which produced a tentative deal that faltered after Mexico balked at its share of the proposed output cut. "This simply reflects that no voluntary cuts could be large enough" to mitigate coronavirus demand loss, he said. Republican Senator Bill Cassidy, representing Louisiana, a major oil producing state, introduced on Thursday legislation that would pull all U.S. (more...)
China Central Bank Raises Stake In HDFC To Over 1%
- April 13, 2020
PBOC held 1.75 crore shares of HDFC during the quarter that ended in March, according to the data submitted by the company to the BSE. The PBOC's 1.01 percent consists of 17.49 million shares of HDFC. It had hit a low of Rs 1,501.80 apiece on the BSE on March 24, from where it saw a sharp rally to Rs 1,754 on March 27. Stock exchanges were closed for trading on 10 April on account of Good Friday. (more...)
- April 13, 2020
PBOC held 1.75 crore shares of HDFC during the quarter that ended in March, according to the data submitted by the company to the BSE. The PBOC's 1.01 percent consists of 17.49 million shares of HDFC. It had hit a low of Rs 1,501.80 apiece on the BSE on March 24, from where it saw a sharp rally to Rs 1,754 on March 27. Stock exchanges were closed for trading on 10 April on account of Good Friday. (more...)
Canadian, US markets fall on OPEC cuts after posting strong week
- April 13, 2020
Aurora Cannabis Inc. and Cineplex Inc. remained the lead laggards on the composite, both suffering double-digit losses. US stock futures edged lower Monday amid thin trading volumes, while oil prices wavered as a multinational agreement to cut crude production failed to assuage concerns that global oil markets will stabilize as the coronavirus pandemic curbs energy demand. (more...)
- April 13, 2020
Aurora Cannabis Inc. and Cineplex Inc. remained the lead laggards on the composite, both suffering double-digit losses. US stock futures edged lower Monday amid thin trading volumes, while oil prices wavered as a multinational agreement to cut crude production failed to assuage concerns that global oil markets will stabilize as the coronavirus pandemic curbs energy demand. (more...)
Amazon created a waitlist for grocery deliveries because demand is so high
- April 13, 2020
Also, the number of Whole Foods stores offering grocery order pickup has grown from about 80 stores to more than 150, the company says, with continued expansion planned. Still, some employees at Whole Foods and Amazon warehouses have protested the company is not doing enough to protect them, in demonstrations that gained attention from lawmakers and unions. (more...)
- April 13, 2020
Also, the number of Whole Foods stores offering grocery order pickup has grown from about 80 stores to more than 150, the company says, with continued expansion planned. Still, some employees at Whole Foods and Amazon warehouses have protested the company is not doing enough to protect them, in demonstrations that gained attention from lawmakers and unions. (more...)
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