Markets
Amazon launches Alexa for Apps to compete against Siri on the iPhone
- July 25, 2020
Amazon has actually tested the tool with apps like TikTok , Uber, Yellow Pages and Sonic. Amazon plans to make Alexa easier to trigger when used on a mobile phone, the company announced recently. Would you like your voice assistant to open your daily iOS and Android apps for you? This could give Alexa an advantage over other voice assistants like Siri and Google Assistant since it will permit Alexa to cross the iOS-Android divide. (more...)
- July 25, 2020
Amazon has actually tested the tool with apps like TikTok , Uber, Yellow Pages and Sonic. Amazon plans to make Alexa easier to trigger when used on a mobile phone, the company announced recently. Would you like your voice assistant to open your daily iOS and Android apps for you? This could give Alexa an advantage over other voice assistants like Siri and Google Assistant since it will permit Alexa to cross the iOS-Android divide. (more...)
BMW X7 Dark Shadow Edition revealed, limited to 500 units
- July 25, 2020
It's only available as a M50i - it is called Dark Shadow, don't forget - which means a 4.4-litre turbocharged V8, 523bhp and 553lb ft of torque. The dynamic character of the SUV is emphasised by the aerodynamically optimised bodywork elements of the M sports package, which also forms part of the equipment package for the edition model. (more...)
- July 25, 2020
It's only available as a M50i - it is called Dark Shadow, don't forget - which means a 4.4-litre turbocharged V8, 523bhp and 553lb ft of torque. The dynamic character of the SUV is emphasised by the aerodynamically optimised bodywork elements of the M sports package, which also forms part of the equipment package for the edition model. (more...)
USA stocks fall amid rising China tensions, Companies & Markets News & Top Stories
- July 25, 2020
South Korea's Kospi 180721, - 0.71% declined 0.6%, and benchmark records in Taiwan Y9999, - 0.87%, Singapore STI, - 1.27% and Indonesia JAKIDX, - 1.20% all dropped. Bank Wealth Management. Turnover on the two major bourses expanded to 1.33 trillion yuan (US$189.4 billion). Mumbai eased 0.6 per cent and Seoul was 0.7 per cent off, while there were also losses in Taipei, Manila and Wellington. (more...)
- July 25, 2020
South Korea's Kospi 180721, - 0.71% declined 0.6%, and benchmark records in Taiwan Y9999, - 0.87%, Singapore STI, - 1.27% and Indonesia JAKIDX, - 1.20% all dropped. Bank Wealth Management. Turnover on the two major bourses expanded to 1.33 trillion yuan (US$189.4 billion). Mumbai eased 0.6 per cent and Seoul was 0.7 per cent off, while there were also losses in Taipei, Manila and Wellington. (more...)
Republicans face unemployment renewal 'time crunch of their own making'
- July 25, 2020
Senate Majority Leader Mitch McConnell sent senators home, promising a Republican proposal would be ready on Monday. During a head-spinning week of start-and-stop efforts, Mr McConnell abruptly halted the roll-out of the Republicans' $1 trillion (£780 billion) plan, which was supposed to provide a counter-offer to the Democrats' $3 trillion (£2.34 trillion) bill in an opening bid for negotiations. (more...)
- July 25, 2020
Senate Majority Leader Mitch McConnell sent senators home, promising a Republican proposal would be ready on Monday. During a head-spinning week of start-and-stop efforts, Mr McConnell abruptly halted the roll-out of the Republicans' $1 trillion (£780 billion) plan, which was supposed to provide a counter-offer to the Democrats' $3 trillion (£2.34 trillion) bill in an opening bid for negotiations. (more...)
United To Ban Passengers Who Don’t Wear Masks In The Airport
- July 25, 2020
And in June, the airline was among the first USA carriers to say it would suspend flight benefits of passengers who refused to comply while onboard. United Chief Executive Scott Kirby has been among the most cautious about an industry recovery, and the airline recently warned it may have to shed nearly half its domestic workforce - some 36,000 staff - unless demand recovers and it can persuade enough employees to take voluntary packages. (more...)
- July 25, 2020
And in June, the airline was among the first USA carriers to say it would suspend flight benefits of passengers who refused to comply while onboard. United Chief Executive Scott Kirby has been among the most cautious about an industry recovery, and the airline recently warned it may have to shed nearly half its domestic workforce - some 36,000 staff - unless demand recovers and it can persuade enough employees to take voluntary packages. (more...)
Trump and GOP ally vow Confederate base names won't change
- July 25, 2020
The votes are more than the two-thirds majority needed to override a veto from Trump , who has threatened that he might take such an action this month. The $741 billion measure would authorize all defense programs worldwide. "If it's something we can do to heal this country and bring people together, let's do it", Gardner told reporters Friday after an event with Ivanka Trump , the president's daughter, in a Denver suburb. (more...)
- July 25, 2020
The votes are more than the two-thirds majority needed to override a veto from Trump , who has threatened that he might take such an action this month. The $741 billion measure would authorize all defense programs worldwide. "If it's something we can do to heal this country and bring people together, let's do it", Gardner told reporters Friday after an event with Ivanka Trump , the president's daughter, in a Denver suburb. (more...)
Gold Price Threatens $1,900, Experts Say Keep Buying
- July 25, 2020
Spot gold lost 0.2% to stand at $1,884 an ounce at 1:40 p.m.in Singapore. "And there's no yield on treasuries right now, so gold is a safe spot given the circumstances of the central banks and the coronavirus". December surpassed August as the contract that has the highest open interest based on data published when July 24's Asian trading session was already happening. (more...)
- July 25, 2020
Spot gold lost 0.2% to stand at $1,884 an ounce at 1:40 p.m.in Singapore. "And there's no yield on treasuries right now, so gold is a safe spot given the circumstances of the central banks and the coronavirus". December surpassed August as the contract that has the highest open interest based on data published when July 24's Asian trading session was already happening. (more...)
Rupee Opens Lower At 74.94 Per US Dollar
- July 25, 2020
Brent crude gained 0.45% about to trade at $44.49 a barrel by 8.07 am; also, the West Texas Intermediate gained 0.14%, to $42.11 a barrel. Weak dollar continues to support but rising tensions between the USA and China partially offset positive impact. (more...)
- July 25, 2020
Brent crude gained 0.45% about to trade at $44.49 a barrel by 8.07 am; also, the West Texas Intermediate gained 0.14%, to $42.11 a barrel. Weak dollar continues to support but rising tensions between the USA and China partially offset positive impact. (more...)
Ant Group Explains What its 100m per Day 'Digital Assets' Uploads Are
- July 25, 2020
Following the properties of Blockchain, the new AntChain solution is aimed at boosting trust and transparency for Industries with complex processes. This is convenient compared to the previous setup time of 10 hours. I don't know exactly what this means or how these technologies support the mission of making blockchain easier to implement and use, but if set up in a thoughtful manner, AI built around this application could also be a game-changer. (more...)
- July 25, 2020
Following the properties of Blockchain, the new AntChain solution is aimed at boosting trust and transparency for Industries with complex processes. This is convenient compared to the previous setup time of 10 hours. I don't know exactly what this means or how these technologies support the mission of making blockchain easier to implement and use, but if set up in a thoughtful manner, AI built around this application could also be a game-changer. (more...)
S. Korea reports worst economic performance in more than 20 years
- July 24, 2020
Construction investment fell 1.3 per cent quarter-on-quarter, while capital investment declined 2.9 per cent. Exports, which account for almost 40% of the economy, were the biggest drag on growth, dropping by 16.6% on-quarter to mark the worst reading since 1963. (more...)
- July 24, 2020
Construction investment fell 1.3 per cent quarter-on-quarter, while capital investment declined 2.9 per cent. Exports, which account for almost 40% of the economy, were the biggest drag on growth, dropping by 16.6% on-quarter to mark the worst reading since 1963. (more...)
Friends share $22-million Powerball win, keeping old promise
- July 24, 2020
Almost 30 years later the numbers came up for Tom - and he honoured the deal. Mr Feeney, a keen fisherman from Menomonie, said: "He called me and I said: 'Are you jerking my bobber?'" The two men live in the Menomonie area of the U.S. The men chose the cash option of about $16.7 million, leaving each with almost $5.7 million after taxes are paid. "It was quite an experience when I read those first three numbers and kind of froze, and handed them to her ", Cook said, gesturing toward his ... (more...)
- July 24, 2020
Almost 30 years later the numbers came up for Tom - and he honoured the deal. Mr Feeney, a keen fisherman from Menomonie, said: "He called me and I said: 'Are you jerking my bobber?'" The two men live in the Menomonie area of the U.S. The men chose the cash option of about $16.7 million, leaving each with almost $5.7 million after taxes are paid. "It was quite an experience when I read those first three numbers and kind of froze, and handed them to her ", Cook said, gesturing toward his ... (more...)
Global stocks fall on escalating US-China tensions
- July 24, 2020
Technology stocks led losses, following their US peers overnight, while the China-sensitive basic materials sector lost 1.4%. "That's going to weight on the markets and it's going to weigh on consumers for a long time". Investors are selling the greenback on expectations the USA economy will likely underperform its peers in the developed world as the surge in new coronavirus infections pushed the overall number of cases in the United States to over 4 million. (more...)
- July 24, 2020
Technology stocks led losses, following their US peers overnight, while the China-sensitive basic materials sector lost 1.4%. "That's going to weight on the markets and it's going to weigh on consumers for a long time". Investors are selling the greenback on expectations the USA economy will likely underperform its peers in the developed world as the surge in new coronavirus infections pushed the overall number of cases in the United States to over 4 million. (more...)
SpiceJet to fly to United States; shares surge over 5%
- July 24, 2020
While the airline management puts the reduction at 40%, pilots say their flying allowance - which comprises a majority of their total pay - has been slashed by nearly 85%. In an official tweet, Air India has announced that it will not layoff any of its employees amidst the pandemic crisis. Unlike other airlines that have laid off a large number of workers, no employee of Air India will lose his job, the national carrier said on Thursday. (more...)
- July 24, 2020
While the airline management puts the reduction at 40%, pilots say their flying allowance - which comprises a majority of their total pay - has been slashed by nearly 85%. In an official tweet, Air India has announced that it will not layoff any of its employees amidst the pandemic crisis. Unlike other airlines that have laid off a large number of workers, no employee of Air India will lose his job, the national carrier said on Thursday. (more...)
Another 1.4 million workers filed for unemployment insurance last week
- July 24, 2020
MI also saw a dip in the number of residents claiming pandemic unemployment assistance, a program created for those not traditionally eligible for unemployment insurance, such as the self-employed or contractors. Unemployment claims peaked the last week of March with 6.6 million claims nationwide, according to Department of Labor data. Plus, over 15 million are receiving benefits through other unemployment programs, including PUA. (more...)
- July 24, 2020
MI also saw a dip in the number of residents claiming pandemic unemployment assistance, a program created for those not traditionally eligible for unemployment insurance, such as the self-employed or contractors. Unemployment claims peaked the last week of March with 6.6 million claims nationwide, according to Department of Labor data. Plus, over 15 million are receiving benefits through other unemployment programs, including PUA. (more...)
Brexit: UK-EU trade deal looking unlikely, says Michel Barnier
- July 23, 2020
In turn, the EU's top Brexit negotiator, Michel Barnier, said London had refused to move on its red lines, saying they were not showing "the same level of engagement and readiness to find a solution". In comments delivered after the talks ended Thursday, chief United Kingdom negotiator David Frost said it was clear the two sides wouldn't meet their goal of reaching an understanding on "the principles underlying any agreement" this month. (more...)
- July 23, 2020
In turn, the EU's top Brexit negotiator, Michel Barnier, said London had refused to move on its red lines, saying they were not showing "the same level of engagement and readiness to find a solution". In comments delivered after the talks ended Thursday, chief United Kingdom negotiator David Frost said it was clear the two sides wouldn't meet their goal of reaching an understanding on "the principles underlying any agreement" this month. (more...)
Everything Australians need to do NOW to keep JobKeeper and JobSeeker
- July 23, 2020
Labor broadly supports the changes so they will sail through parliament. While the option of claiming both payments was always there under the old system, the flat-rate of $1500 a fortnight under the JobKeeper scheme meant that anyone securing it was earning too much to qualify for unemployment benefits. (more...)
- July 23, 2020
Labor broadly supports the changes so they will sail through parliament. While the option of claiming both payments was always there under the old system, the flat-rate of $1500 a fortnight under the JobKeeper scheme meant that anyone securing it was earning too much to qualify for unemployment benefits. (more...)
US reports increase in crude oil inventories
- July 23, 2020
Benchmark U.S. crude oil for September delivery fell 6 cents to settle at $41.90 a barrel Wednesday. Oil prices rose on Thursday despite a strong inventory build-up as a weak United States dollar helped to support prices. The bearish bias on crude oil strengthens on the narrative that stimulus packages by global fiscal authorities cannot soften the present negative macros in the short term as the downside shift in oil demand, with vital economic hubs already in lockdown mode, nor can ... (more...)
- July 23, 2020
Benchmark U.S. crude oil for September delivery fell 6 cents to settle at $41.90 a barrel Wednesday. Oil prices rose on Thursday despite a strong inventory build-up as a weak United States dollar helped to support prices. The bearish bias on crude oil strengthens on the narrative that stimulus packages by global fiscal authorities cannot soften the present negative macros in the short term as the downside shift in oil demand, with vital economic hubs already in lockdown mode, nor can ... (more...)
China vows to protect citizens amid USA fugitive claim
- July 23, 2020
Critics of Trump's China approach have described the move as arbitrary and counterproductive. During the press conference, Mr. Trump referred to the news reports of fire in the Chinese Consulate in Houston apparently due to burning of documents in its courtyard. (more...)
- July 23, 2020
Critics of Trump's China approach have described the move as arbitrary and counterproductive. During the press conference, Mr. Trump referred to the news reports of fire in the Chinese Consulate in Houston apparently due to burning of documents in its courtyard. (more...)
United Kingdom government close to giving up on Brexit deal
- July 23, 2020
Frost's opposite number, Michel Barnier, criticised London for refusing to move on its red lines, and not showing "the same level of engagement and readiness to find a solution". "That deadline remains in place for the Government's review and I can't accurately predict the future as far as that's concerned, but what I can tell you is we're working on it". (more...)
- July 23, 2020
Frost's opposite number, Michel Barnier, criticised London for refusing to move on its red lines, and not showing "the same level of engagement and readiness to find a solution". "That deadline remains in place for the Government's review and I can't accurately predict the future as far as that's concerned, but what I can tell you is we're working on it". (more...)
U.S. says Chinese hackers targeted coronavirus vaccines
- July 23, 2020
They were also working with and assisted by the Chinese Communist Party's Ministry of State Security (MSS)-the regime's chief intelligence agency. The indictments come approximately a month after the Federal Bureau of Investigation and the Cybersecurity and Infrastructure Security Agency released a joint alert warning that hackers , backed by China, were seeking "public health data related to vaccines , treatments, and testing from networks and personnel affiliated with ... (more...)
- July 23, 2020
They were also working with and assisted by the Chinese Communist Party's Ministry of State Security (MSS)-the regime's chief intelligence agency. The indictments come approximately a month after the Federal Bureau of Investigation and the Cybersecurity and Infrastructure Security Agency released a joint alert warning that hackers , backed by China, were seeking "public health data related to vaccines , treatments, and testing from networks and personnel affiliated with ... (more...)
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