Markets
Egypt denies pyramids were built by aliens after Elon Musk tweet
- August 03, 2020
I invite you and Space X to explore the writings about how the pyramids were built and also to check out the tombs of the pyramid builders. Mr. Musk, we are waiting for you, ' she added. Three thousand, eight hundred years... There are more than 100 surviving pyramids in the country. There are many legends about the building process of the Egyptian pyramids. (more...)
- August 03, 2020
I invite you and Space X to explore the writings about how the pyramids were built and also to check out the tombs of the pyramid builders. Mr. Musk, we are waiting for you, ' she added. Three thousand, eight hundred years... There are more than 100 surviving pyramids in the country. There are many legends about the building process of the Egyptian pyramids. (more...)
Canada to Expand Employment Benefits as Covid Support Plan Ends
- August 03, 2020
Trudeau also indicated a new sickness and caregivers benefit is on the way for those who are not covered at work if they or their loved ones get COVID-19 and they need to stay home. Employment Minister Carla Qualtrough later said "as many Canadians as possible" will be moved over to employment insurance in September. The national data agency said rebounds in May were seen across multiple industries with the easing of COVID-19 restrictions. (more...)
- August 03, 2020
Trudeau also indicated a new sickness and caregivers benefit is on the way for those who are not covered at work if they or their loved ones get COVID-19 and they need to stay home. Employment Minister Carla Qualtrough later said "as many Canadians as possible" will be moved over to employment insurance in September. The national data agency said rebounds in May were seen across multiple industries with the easing of COVID-19 restrictions. (more...)
Twitter Will Allow Some Employees to Work From Home Forever
- August 03, 2020
Jennifer Christie , Twitter's human resources head, said the company would "never probably be the same" as far as the structure of its work. Twitter has decided that it will let its employees work from home as long as they please even after the lockdown ends. (more...)
- August 03, 2020
Jennifer Christie , Twitter's human resources head, said the company would "never probably be the same" as far as the structure of its work. Twitter has decided that it will let its employees work from home as long as they please even after the lockdown ends. (more...)
Australian publishers respond to draft mandatory code
- August 03, 2020
The motive, according to Treasurer Josh Frydenberg was not to protect Australian businesses from competition or disruption but to ensure they are paid fairly for original content. "The situation is urgent, with media companies suffering huge advertising declines because of the coronavirus pandemic". It could impose "substantial penalties" worth hundreds of millions of dollars on tech companies which fail to comply, he said. (more...)
- August 03, 2020
The motive, according to Treasurer Josh Frydenberg was not to protect Australian businesses from competition or disruption but to ensure they are paid fairly for original content. "The situation is urgent, with media companies suffering huge advertising declines because of the coronavirus pandemic". It could impose "substantial penalties" worth hundreds of millions of dollars on tech companies which fail to comply, he said. (more...)
Heathrow chief calls on United Kingdom government to introduce passenger Covid-19 tests
- August 02, 2020
The CEO of Europe's busiest airport John Holland-Kaye warned that the United Kingdom would be losing a game of global "quarantine roulette" if the government fails to take action. "There's not a silver bullet of just testing immediately at the border", said Culture Secretary Oliver Dowden. Experts have said a one-off test would not be effective as the virus can incubate for up to two weeks. (more...)
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- August 02, 2020
The CEO of Europe's busiest airport John Holland-Kaye warned that the United Kingdom would be losing a game of global "quarantine roulette" if the government fails to take action. "There's not a silver bullet of just testing immediately at the border", said Culture Secretary Oliver Dowden. Experts have said a one-off test would not be effective as the virus can incubate for up to two weeks. (more...)
Nvidia in advanced talks to buy SoftBank's chip company Arm
- August 02, 2020
An alliance between Arm and Nvidia may create synergies by enhancing development capability. The silicon chip industry has been consolidating in recent years as companies seek to diversify and add scale. SoftBank has been rumored to be exploring a sale of ARM - the British chip designer that powers practically each main cell processor from firms like Qualcomm, Apple, Samsung, and Huawei - and now, it might need discovered a purchaser. (more...)
- August 02, 2020
An alliance between Arm and Nvidia may create synergies by enhancing development capability. The silicon chip industry has been consolidating in recent years as companies seek to diversify and add scale. SoftBank has been rumored to be exploring a sale of ARM - the British chip designer that powers practically each main cell processor from firms like Qualcomm, Apple, Samsung, and Huawei - and now, it might need discovered a purchaser. (more...)
Tui to close 166 high street stores after 'changes in customer behaviour'
- August 02, 2020
The firm already announced plans to cut 8,000 jobs worldwide due to the coronavirus , which it described as "the greatest crisis" the travel industry has ever faced. TUI has not yet confirmed which store locations have been slated to be closed. COVID-19 has accelerated the change in purchasing habits, according to Flintham. (more...)
- August 02, 2020
The firm already announced plans to cut 8,000 jobs worldwide due to the coronavirus , which it described as "the greatest crisis" the travel industry has ever faced. TUI has not yet confirmed which store locations have been slated to be closed. COVID-19 has accelerated the change in purchasing habits, according to Flintham. (more...)
Amazon to invest $13.7b in satellite broadband plan
- August 02, 2020
The project will see Bezos pumping in more than $10 billion into a constellation of 3,236 satellites in an effort to provide "reliable, affordable broadband service to unserved and underserved communities around the world". "There are still too many areas where broadband access is unreliable or in which it will not exist in any way". The Kuiper system will be deployed in five phases, with service beginning once the first 578 satellites are launched. (more...)
- August 02, 2020
The project will see Bezos pumping in more than $10 billion into a constellation of 3,236 satellites in an effort to provide "reliable, affordable broadband service to unserved and underserved communities around the world". "There are still too many areas where broadband access is unreliable or in which it will not exist in any way". The Kuiper system will be deployed in five phases, with service beginning once the first 578 satellites are launched. (more...)
Airline giant IAG logs 3.8-bn-euro loss on virus
- August 02, 2020
The capital raise proposed by British Airways-owner IAG will give the airlines group "a very comfortable buffer", said its chief executive, who added that he would not be extending his tenure again. However, we strongly believe that now is the time to look to the future and strengthen IAG's financial and strategic position. "We have seen evidence that demand recovers when government restrictions are lifted", he said, adding that IAG had taken extra measures to reassure customers about ... (more...)
- August 02, 2020
The capital raise proposed by British Airways-owner IAG will give the airlines group "a very comfortable buffer", said its chief executive, who added that he would not be extending his tenure again. However, we strongly believe that now is the time to look to the future and strengthen IAG's financial and strategic position. "We have seen evidence that demand recovers when government restrictions are lifted", he said, adding that IAG had taken extra measures to reassure customers about ... (more...)
COVID-19 Stage 4 restrictions for Victoria but racing unchanged
- August 02, 2020
The virus has spread rapidly among vulnerable residents in aged-care centres, where government disaster relief teams have been deployed to replace infected staff. "The time for leniency, the time for warnings and cautions is over", Andrews said. Only those carrying out essential work, or seeking or providing care, will be allowed out. (more...)
- August 02, 2020
The virus has spread rapidly among vulnerable residents in aged-care centres, where government disaster relief teams have been deployed to replace infected staff. "The time for leniency, the time for warnings and cautions is over", Andrews said. Only those carrying out essential work, or seeking or providing care, will be allowed out. (more...)
Fed extends swap lines and warns of slowing USA economy
- August 02, 2020
Powell said that not all sectors of the economy were weakening, citing the housing sector as one bright spot. "The Fed is putting health again front and center in its statement, which is impactful and meaningful", said Nela Richardson, investment strategist at Edward Jones in St. (more...)
- August 02, 2020
Powell said that not all sectors of the economy were weakening, citing the housing sector as one bright spot. "The Fed is putting health again front and center in its statement, which is impactful and meaningful", said Nela Richardson, investment strategist at Edward Jones in St. (more...)
United States economy plunged a record 32.9% in the second quarter
- August 02, 2020
In the first quarter of this year, when the U.S. officially entered recession in February, the economy shrank 5 percent from the same period a year ago. "This moment has passed, it is true that after resisting (the virus) came the economic revival, and now we must focus on what the economic recovery means". (more...)
- August 02, 2020
In the first quarter of this year, when the U.S. officially entered recession in February, the economy shrank 5 percent from the same period a year ago. "This moment has passed, it is true that after resisting (the virus) came the economic revival, and now we must focus on what the economic recovery means". (more...)
More than 60 Utahns sick from onions linked to salmonella outbreak
- August 02, 2020
However, more information is needed "to determine the cause of the contamination in red onions imported from the U.S", according to the agency. Meanwhile, Sysco is recalling red onions imported from the US due to possible salmonella contamination. (more...)
- August 02, 2020
However, more information is needed "to determine the cause of the contamination in red onions imported from the U.S", according to the agency. Meanwhile, Sysco is recalling red onions imported from the US due to possible salmonella contamination. (more...)
How major U.S. stock indexes fared Friday
- August 02, 2020
Despite the steadiness for indexes, caution was still clearly present across markets as the coronavirus pandemic continues to cloud the economy's prospects, along with gridlock in Congress that's holding up more aid for it. Apple also announced a 4-for-1 stock split. Without the trio, the S&P 500 would have been down about half a percent in morning trading. Amazon is up more than 65%. (more...)
- August 02, 2020
Despite the steadiness for indexes, caution was still clearly present across markets as the coronavirus pandemic continues to cloud the economy's prospects, along with gridlock in Congress that's holding up more aid for it. Apple also announced a 4-for-1 stock split. Without the trio, the S&P 500 would have been down about half a percent in morning trading. Amazon is up more than 65%. (more...)
Aged care worker tests positive for coronavirus in Queensland
- August 02, 2020
The aged care worker is the third case of community transmission linked to the cluster, after one of the women's sisters tested positive earlier this week. Police Commissioner Katarina Carroll said on Thursday this criminal behaviour has put the community at risk. 'I'm very anxious about the second individual who has not been cooperative and has not shared where she's been, so we haven't been able to contact those venues, ' Queensland's Chief Health Officer Jeanette Young said. (more...)
- August 02, 2020
The aged care worker is the third case of community transmission linked to the cluster, after one of the women's sisters tested positive earlier this week. Police Commissioner Katarina Carroll said on Thursday this criminal behaviour has put the community at risk. 'I'm very anxious about the second individual who has not been cooperative and has not shared where she's been, so we haven't been able to contact those venues, ' Queensland's Chief Health Officer Jeanette Young said. (more...)
Deep Washington divide on coronavirus aid as jobless benefit to expire
- August 01, 2020
Pelosi said at a news conference. Pelosi, brimming with confidence, offered a tutorial on negotiating Friday. "We just don't think they understand the gravity of the problem", the senator told reporters. He also said he'd push for the package to include another round of checks for Americans - similar to the $1,200 checks that were circulated, and signed by the president, earlier this year. (more...)
- August 01, 2020
Pelosi said at a news conference. Pelosi, brimming with confidence, offered a tutorial on negotiating Friday. "We just don't think they understand the gravity of the problem", the senator told reporters. He also said he'd push for the package to include another round of checks for Americans - similar to the $1,200 checks that were circulated, and signed by the president, earlier this year. (more...)
Foreign threats loom ahead of U.S. presidential election
- August 01, 2020
Trump on Thursday for the first time openly floated the idea of postponing the presidential elections on November 3, citing irregularities in the mail-in vote. - Kayleigh, if the president is so anxious about how long it'll take to count ballots in the election, then why isn't the president and this White House doing everything it can to secure more funding for staffing and other resources to make sure that we can have a safe and proper election? Texas Senator Ted Cruz also said to CNN: ... (more...)
- August 01, 2020
Trump on Thursday for the first time openly floated the idea of postponing the presidential elections on November 3, citing irregularities in the mail-in vote. - Kayleigh, if the president is so anxious about how long it'll take to count ballots in the election, then why isn't the president and this White House doing everything it can to secure more funding for staffing and other resources to make sure that we can have a safe and proper election? Texas Senator Ted Cruz also said to CNN: ... (more...)
Singapore Airlines reports S$1.12b Q1 loss due to pandemic
- August 01, 2020
The group posted an operating loss of S$1.04 billion for the quarter, a decline of S$1.24 billion from Q1 2020's operating profit of S$200 million, largely due to mark-to-market fuel hedge losses of S$464 million. The airline has reached an agreement with Airbus and is in negotiations with Boeing. The International Air Transport Association said Tuesday the airline industry is unlikely to recover fully before 2024. (more...)
- August 01, 2020
The group posted an operating loss of S$1.04 billion for the quarter, a decline of S$1.24 billion from Q1 2020's operating profit of S$200 million, largely due to mark-to-market fuel hedge losses of S$464 million. The airline has reached an agreement with Airbus and is in negotiations with Boeing. The International Air Transport Association said Tuesday the airline industry is unlikely to recover fully before 2024. (more...)
Next-generation Mercedes-Benz S-Class technical highlights revealed
- August 01, 2020
The new S-Class is the first vehicle with rear-facing back seat airbags, which sit in the front seats. The new Mercedes S-Class is set to be unveiled in September, and arrive in the United Kingdom at the start of 2021. Two sliding doors, one at each side, will allow "easy and comfortable access to the interior". The Mercedes CLE will also most probably be built on Mercedes' MRA platform and can be configured with either an all-wheel or rear-wheel drive. (more...)
- August 01, 2020
The new S-Class is the first vehicle with rear-facing back seat airbags, which sit in the front seats. The new Mercedes S-Class is set to be unveiled in September, and arrive in the United Kingdom at the start of 2021. Two sliding doors, one at each side, will allow "easy and comfortable access to the interior". The Mercedes CLE will also most probably be built on Mercedes' MRA platform and can be configured with either an all-wheel or rear-wheel drive. (more...)
James Murdoch Resigns From News Corp Board Over Editorial ‘Disagreements’
- August 01, 2020
News Corp's brands include Australian publications the Australian, the Daily Telegraph , the Sunday Telegraph, and United States publishers such as Dow Jones, which includes the Wall Street Journal , and the New York Post . Both remain on the News Corp board, which is now left with 10 directors. News Corp also publishes major papers in Australia and the United Kingdom and owns the HarperCollins book publisher. (more...)
- August 01, 2020
News Corp's brands include Australian publications the Australian, the Daily Telegraph , the Sunday Telegraph, and United States publishers such as Dow Jones, which includes the Wall Street Journal , and the New York Post . Both remain on the News Corp board, which is now left with 10 directors. News Corp also publishes major papers in Australia and the United Kingdom and owns the HarperCollins book publisher. (more...)
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United Kingdom imposes mandatory COVID-19 tests for worldwide travellers amid virus surge