Markets
Petrol, diesel prices hiked for 16th consecutive day
- June 22, 2020
This is the 14th day of fuel price rise since June 7 when oil companies began the daily price revision mechanism after a hiatus of 83 days during the lockdown. Oil companies had quickly recouped the Re 1 and the government in July 2019 raised excise duty by Rs 2 a litre. The price of Petrol in New Delhi was recorded as Rs 79.56 per litre after an increase of 33 paise/ ltr. (more...)
- June 22, 2020
This is the 14th day of fuel price rise since June 7 when oil companies began the daily price revision mechanism after a hiatus of 83 days during the lockdown. Oil companies had quickly recouped the Re 1 and the government in July 2019 raised excise duty by Rs 2 a litre. The price of Petrol in New Delhi was recorded as Rs 79.56 per litre after an increase of 33 paise/ ltr. (more...)
'Face coverings' now compulsory on English public transport
- June 22, 2020
That's despite government bosses warning passengers without a face covering could be refused entry to public transport, while police and enforcement officers have been given the power to fine people up to £100. Transport secretary Grant Shapps said: "If you do need to travel, in the same way that you would pick up your phone, wallet or keys when you leave the house, please do not forget to bring a face covering". (more...)
- June 22, 2020
That's despite government bosses warning passengers without a face covering could be refused entry to public transport, while police and enforcement officers have been given the power to fine people up to £100. Transport secretary Grant Shapps said: "If you do need to travel, in the same way that you would pick up your phone, wallet or keys when you leave the house, please do not forget to bring a face covering". (more...)
Trump Administration Flips on PPP Disclosures After Backlash
- June 22, 2020
The program generated intense criticism after several publicly listed companies, such as Shake Shack Inc. and Ruth's Chris Steak House, disclosed they received millions of dollars under the program, while numerous smaller businesses had not. (more...)
- June 22, 2020
The program generated intense criticism after several publicly listed companies, such as Shake Shack Inc. and Ruth's Chris Steak House, disclosed they received millions of dollars under the program, while numerous smaller businesses had not. (more...)
Quebec forecasts record deficit due to COVID-19, budgets for second wave
- June 22, 2020
Girard predicts a swift rebound out of the hole with 6.0 per cent growth in 2021. Girard, who has already said he expects Quebec to experience the worst economic recession since the Second World War, also tosses his March 10 economic growth forecasts out the window. (more...)
- June 22, 2020
Girard predicts a swift rebound out of the hole with 6.0 per cent growth in 2021. Girard, who has already said he expects Quebec to experience the worst economic recession since the Second World War, also tosses his March 10 economic growth forecasts out the window. (more...)
PM Narendra Modi launches Garib Kalyan Rozgar Abhiyaan for migrant workers
- June 22, 2020
Anganwadi centres, Rural roads, rural housing, Railway works, RURBAN Mission in rural areas which are taking shape of urban areas, solar pumpset, laying of fibre optic cables, jal jeevan are other various works included in the 25 public works. (more...)
- June 22, 2020
Anganwadi centres, Rural roads, rural housing, Railway works, RURBAN Mission in rural areas which are taking shape of urban areas, solar pumpset, laying of fibre optic cables, jal jeevan are other various works included in the 25 public works. (more...)
Cruises out of U.S. ports will be suspended until September 15th
- June 22, 2020
An association of major cruise lines has announced the voluntary suspension of all sailings from US ports through the middle of September. "The additional time will also allow us to consult with the CDC on measures that will be appropriate for the eventual resumption of cruise operations", CLIA said . (more...)
- June 22, 2020
An association of major cruise lines has announced the voluntary suspension of all sailings from US ports through the middle of September. "The additional time will also allow us to consult with the CDC on measures that will be appropriate for the eventual resumption of cruise operations", CLIA said . (more...)
Jetstar, Qantas launch awesome deals from A$19
- June 21, 2020
Other fares available for sale from 9.00am Friday until Monday night, unless sold prior, is a $49 flight from Brisbane to Mackay as well as $79 from Sydney to Hamilton Island and Brisbane to Darwin. "There is huge pent up demand for air travel, with people wanting to get away after months of being stuck at home". 'We know that these low fares will encourage even more people to get on a flight to take a short holiday or visit family and friends, ' Mr Joyce said. (more...)
- June 21, 2020
Other fares available for sale from 9.00am Friday until Monday night, unless sold prior, is a $49 flight from Brisbane to Mackay as well as $79 from Sydney to Hamilton Island and Brisbane to Darwin. "There is huge pent up demand for air travel, with people wanting to get away after months of being stuck at home". 'We know that these low fares will encourage even more people to get on a flight to take a short holiday or visit family and friends, ' Mr Joyce said. (more...)
Wirecard's missing $2.1 billion didn't enter Philippine financial system, central bank says
- June 21, 2020
In a statement, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Philippine BDO Unibank and Bank of the Philippine Islands , the Southeast Asian country's biggest lenders, suffered no losses, despite having been named in connection with the missing funds. (more...)
- June 21, 2020
In a statement, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Philippine BDO Unibank and Bank of the Philippine Islands , the Southeast Asian country's biggest lenders, suffered no losses, despite having been named in connection with the missing funds. (more...)
Five new COVID-19 cases in Ottawa; no new deaths
- June 21, 2020
Ontario has its highest increase in COVID-19 cases in around a week. The website says 63 patients are now using ventilators. Peel Public Health says 216 deaths have occurred in Mississauga. Additionally, 6.5 per cent of COVID cases (2,153) are in health-care workers associated with long-term care outbreaks. There are now outbreaks in 43 long-term care homes, retirement residences, and hospitals, and 620 residents in these facilities have tested positive for the virus. (more...)
- June 21, 2020
Ontario has its highest increase in COVID-19 cases in around a week. The website says 63 patients are now using ventilators. Peel Public Health says 216 deaths have occurred in Mississauga. Additionally, 6.5 per cent of COVID cases (2,153) are in health-care workers associated with long-term care outbreaks. There are now outbreaks in 43 long-term care homes, retirement residences, and hospitals, and 620 residents in these facilities have tested positive for the virus. (more...)
S&P Ends Lower on Day, Gains for Week
- June 21, 2020
The S&P 500 gave up an early gain and was little changed after the first half-hour of trading. With businesses reopening across the country, reports on retail sales Tuesday and on the job market earlier this month were much healthier than economists expected. (more...)
- June 21, 2020
The S&P 500 gave up an early gain and was little changed after the first half-hour of trading. With businesses reopening across the country, reports on retail sales Tuesday and on the job market earlier this month were much healthier than economists expected. (more...)
Ford To Reveal Bronco 4x4 On OJ Simpson’s Birthday: 'Purely Coincidence'
- June 21, 2020
Simpson, on a slow-speed vehicle chase June 17, 1994 on the 405 freeway in Los Angeles, California. When it was pointed out that its return fell on Simpson's birthday, Ford North America Product Communications Manager Mike Levine told the Detroit Press that the date is "purely coincidental". (more...)
- June 21, 2020
Simpson, on a slow-speed vehicle chase June 17, 1994 on the 405 freeway in Los Angeles, California. When it was pointed out that its return fell on Simpson's birthday, Ford North America Product Communications Manager Mike Levine told the Detroit Press that the date is "purely coincidental". (more...)
Hertz Halted for News After SEC Cites Concern on Stock-Sale Plan
- June 21, 2020
Separately, the Wall Street Journal on Thursday reported that Hertz was in talks for a bankruptcy loan of up to $1 billion to fund its business reorganization, citing people familiar with the matter. "After discussions with the ( SEC ) staff, sales under the ATM Program were promptly suspended pending further understanding of the nature and timing of the staff's review". (more...)
- June 21, 2020
Separately, the Wall Street Journal on Thursday reported that Hertz was in talks for a bankruptcy loan of up to $1 billion to fund its business reorganization, citing people familiar with the matter. "After discussions with the ( SEC ) staff, sales under the ATM Program were promptly suspended pending further understanding of the nature and timing of the staff's review". (more...)
Wirecard Shares Fall Ahead of Delayed Financial Results
- June 20, 2020
In a resignation letter published by the company, Braun said he did not want to burden Wirecard . The stock has plunged by more than 76 per cent since Thursday morning and was trading at $23.90 per share on Friday. EY had regularly approved Wirecard's accounts in recent years, and its refusal to sign off for 2019 confirms failings found in an external probe by KPMG in April. (more...)
- June 20, 2020
In a resignation letter published by the company, Braun said he did not want to burden Wirecard . The stock has plunged by more than 76 per cent since Thursday morning and was trading at $23.90 per share on Friday. EY had regularly approved Wirecard's accounts in recent years, and its refusal to sign off for 2019 confirms failings found in an external probe by KPMG in April. (more...)
Taco Bell Fires Employee For Wearing 'Black Lives Matter' Mask
- June 20, 2020
Taco Bell is the latest franchise under fire. " You can't bring politics into the building ", the person can be heard telling Skinner. The fast-food firm said in a tweet on Thursday that it was "deeply upset" by the incident, adding that, "We believe the Black Lives Matter movement is a human rights issue and not a political one". (more...)
- June 20, 2020
Taco Bell is the latest franchise under fire. " You can't bring politics into the building ", the person can be heard telling Skinner. The fast-food firm said in a tweet on Thursday that it was "deeply upset" by the incident, adding that, "We believe the Black Lives Matter movement is a human rights issue and not a political one". (more...)
Next-gen Kia Carnival teased ahead of world premiere
- June 20, 2020
It gets a bigger and more prominent tiger-nose grille upfront that seamlessly blends with the sleek LED headlights. Following in the tracks of the current model, this new model will again bless the Carnival badge with the sort of powerful proportions that get dads reconsidering the notion that they'd never be seen driving a people mover. (more...)
- June 20, 2020
It gets a bigger and more prominent tiger-nose grille upfront that seamlessly blends with the sleek LED headlights. Following in the tracks of the current model, this new model will again bless the Carnival badge with the sort of powerful proportions that get dads reconsidering the notion that they'd never be seen driving a people mover. (more...)
Volkswagen ID.4 Final Production Form Leaks
- June 20, 2020
Documents also confirm that the ID 4 will measure 4,592 mm long, 1,852 mm wide and 1,629 mm tall with a 2,765 mm wheelbase, the magazine reported, and the Chinese market model will initially be powered by the automaker's 204 PS/310 Nm rear-mounted electric motor. (more...)
- June 20, 2020
Documents also confirm that the ID 4 will measure 4,592 mm long, 1,852 mm wide and 1,629 mm tall with a 2,765 mm wheelbase, the magazine reported, and the Chinese market model will initially be powered by the automaker's 204 PS/310 Nm rear-mounted electric motor. (more...)
3rd-gen Mazda BT-50 pickup goes live
- June 20, 2020
Mazda Motor Corporation today hosted the world premiere of our all-new Mazda BT-50 bakkie. More importantly, Mazda Australia was heavily involved with this project, as Australia is one of Mazda's key global markets - meaning, the BT-50 has essentially been developed for us. (more...)
- June 20, 2020
Mazda Motor Corporation today hosted the world premiere of our all-new Mazda BT-50 bakkie. More importantly, Mazda Australia was heavily involved with this project, as Australia is one of Mazda's key global markets - meaning, the BT-50 has essentially been developed for us. (more...)
Tesla requests $68m property tax abatement to build Texas gigafactory
- June 20, 2020
The automaker said in the application it has zeroed in on a 2,100 acres site, now owned by Martin Marietta Materials Inc . Last month, Tesla reported its third consecutive quarterly profit despite the economic impact of the coronavirus pandemic, taking investors by surprise. (more...)
- June 20, 2020
The automaker said in the application it has zeroed in on a 2,100 acres site, now owned by Martin Marietta Materials Inc . Last month, Tesla reported its third consecutive quarterly profit despite the economic impact of the coronavirus pandemic, taking investors by surprise. (more...)
Officer Karen Has Meltdown Over Wait For McMuffin, Talk About McPrivilege
- June 20, 2020
It doesn't matter what I've done for anyone. "It doesn't matter how many hours I've been up, it doesn't matter what I've done for anyone, right now I'm too nervous to take a meal from McDonald's because I can't see it being made", Talbert said through tears. (more...)
- June 20, 2020
It doesn't matter what I've done for anyone. "It doesn't matter how many hours I've been up, it doesn't matter what I've done for anyone, right now I'm too nervous to take a meal from McDonald's because I can't see it being made", Talbert said through tears. (more...)
How major United States stock indexes fared Thursday
- June 20, 2020
The S&P 500 posted six new 52-week highs and no new lows; the Nasdaq Composite recorded 80 new highs and five new lows. " Apple is the canary in the coalmine with respect to other businesses", Keator added. The quadruple witching day saw plenty of movement. Later in the day, Jerome Powell, Chairman of the Federal Reserve System, will be testifying before the Senate as part of the FOMC's semiannual monetary policy report. (more...)
- June 20, 2020
The S&P 500 posted six new 52-week highs and no new lows; the Nasdaq Composite recorded 80 new highs and five new lows. " Apple is the canary in the coalmine with respect to other businesses", Keator added. The quadruple witching day saw plenty of movement. Later in the day, Jerome Powell, Chairman of the Federal Reserve System, will be testifying before the Senate as part of the FOMC's semiannual monetary policy report. (more...)
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