Markets
Canada's global trade deficit up in September
- November 05, 2020
Non-oil imports in October 2020 were estimated at $27.62 billion, as compared to $28.26 billion in October 2019, showing a decline of 2.26%. WASHINGTON-The U.S. During July-October 2020, the balance of trade witnessed a decline of 1.88 percent to $7.577 billion as compared to $7.722 billion during the same period of past year. (more...)
- November 05, 2020
Non-oil imports in October 2020 were estimated at $27.62 billion, as compared to $28.26 billion in October 2019, showing a decline of 2.26%. WASHINGTON-The U.S. During July-October 2020, the balance of trade witnessed a decline of 1.88 percent to $7.577 billion as compared to $7.722 billion during the same period of past year. (more...)
Trump team says it's suing to stop Pennsylvania count
- November 05, 2020
First of all, at the time the president spoke, there were millions of legitimate votes in battleground states that remained uncounted, with the potential to swing the election. "The American people get to pick their President, the President does not get to pick the people whose votes get counted", O'Malley Dillon also said Wednesday. (more...)
- November 05, 2020
First of all, at the time the president spoke, there were millions of legitimate votes in battleground states that remained uncounted, with the potential to swing the election. "The American people get to pick their President, the President does not get to pick the people whose votes get counted", O'Malley Dillon also said Wednesday. (more...)
Quebec stabbings leave at least 2 dead, 5 injured
- November 04, 2020
Police have yet to confirm his identity. Pigeon said the five victims who survived the attack all suffered non-life-threatening wounds and that some were seriously injured. According to the newspaper Le Soleil , the suspect's vehicle was found near an expensive hotel in the historical part of the city. "Somebody who puts on a costume and then moves to a particular location and targets victims as he moves along, I think this was premeditated". (more...)
- November 04, 2020
Police have yet to confirm his identity. Pigeon said the five victims who survived the attack all suffered non-life-threatening wounds and that some were seriously injured. According to the newspaper Le Soleil , the suspect's vehicle was found near an expensive hotel in the historical part of the city. "Somebody who puts on a costume and then moves to a particular location and targets victims as he moves along, I think this was premeditated". (more...)
United States stocks open higher in Election Day session
- November 04, 2020
So far, Trump and Biden have won the states they're expected to win and no battleground states have been decided. Republican Donald Trump said, "Frankly, we did win this election". Analysts say Tuesday's rally reflected less of a bet on one candidate or the other, and more a hope that the USA can avoid a protracted fight and move past one of the key uncertainties in markets. (more...)
- November 04, 2020
So far, Trump and Biden have won the states they're expected to win and no battleground states have been decided. Republican Donald Trump said, "Frankly, we did win this election". Analysts say Tuesday's rally reflected less of a bet on one candidate or the other, and more a hope that the USA can avoid a protracted fight and move past one of the key uncertainties in markets. (more...)
Australian lobsters stuck at Chinese airports
- November 04, 2020
The new inspection delays by Chinese authorities raised " serious concerns " in Australia, the country's Agriculture Minister David Littleproud said. Beijing has reportedly instructed Chinese firms not to buy coal and cotton from Australia. (more...)
- November 04, 2020
The new inspection delays by Chinese authorities raised " serious concerns " in Australia, the country's Agriculture Minister David Littleproud said. Beijing has reportedly instructed Chinese firms not to buy coal and cotton from Australia. (more...)
OPEC and Russian Federation study deeper oil cuts
- November 04, 2020
Brent crude futures rose 70 cents, or 1.8% to US$39.67 a barrel at 0845 GMT, while US West Texas Intermediate (WTI) crude futures were up 78 cents, or 2.1%, to US$37.59 a barrel. Rystad Energy sees demand peaking in 2028, instead of in 2030, and sees a slower recovery next year. Output from the Organization of the Petroleum Exporting Countries (OPEC) rose for a fourth month in October, a Reuters survey found. (more...)
- November 04, 2020
Brent crude futures rose 70 cents, or 1.8% to US$39.67 a barrel at 0845 GMT, while US West Texas Intermediate (WTI) crude futures were up 78 cents, or 2.1%, to US$37.59 a barrel. Rystad Energy sees demand peaking in 2028, instead of in 2030, and sees a slower recovery next year. Output from the Organization of the Petroleum Exporting Countries (OPEC) rose for a fourth month in October, a Reuters survey found. (more...)
Furlough scheme and mortgage holidays extended as United Kingdom enters second lockdown
- November 03, 2020
He said extending the scheme would help to provide "certainty" for businesses. "We now know that Scottish jobs will be protected by the UK Government furlough scheme, as they have throughout this pandemic, in the event of a second lockdown". (more...)
- November 03, 2020
He said extending the scheme would help to provide "certainty" for businesses. "We now know that Scottish jobs will be protected by the UK Government furlough scheme, as they have throughout this pandemic, in the event of a second lockdown". (more...)
China suspends Jack Ma’s Ant Group Shanghai IPO after warning
- November 03, 2020
The Shanghai leg of the IPO drew about 19 trillion yuan ($2.8 trillion) of bids from retail investors, or 872 times the number of shares earmarked for them, a company filing to the stock exchange showed on Thursday. Ant Group operates Alipay, the world's largest and most valuable financial technology (fintech) company and one of two dominant Chinese digital wallets in China, the other being rival Tencent's WeChat Pay. (more...)
- November 03, 2020
The Shanghai leg of the IPO drew about 19 trillion yuan ($2.8 trillion) of bids from retail investors, or 872 times the number of shares earmarked for them, a company filing to the stock exchange showed on Thursday. Ant Group operates Alipay, the world's largest and most valuable financial technology (fintech) company and one of two dominant Chinese digital wallets in China, the other being rival Tencent's WeChat Pay. (more...)
Dow, S&P gain in choppy trade, USA election in focus
- November 03, 2020
Global stock markets and USA futures rose Tuesday on investor hopes that a possible victory by challenger Joe Biden in the American presidential election might lead to more economic stimulus. People will be ordered to stay at home unless it's for essential purposes, Johnson said. Investors have swung between optimism the global economy was coping better with the coronavirus pandemic and unease that USA legislators have failed to approve new aid after expanded unemployment benefits that ... (more...)
- November 03, 2020
Global stock markets and USA futures rose Tuesday on investor hopes that a possible victory by challenger Joe Biden in the American presidential election might lead to more economic stimulus. People will be ordered to stay at home unless it's for essential purposes, Johnson said. Investors have swung between optimism the global economy was coping better with the coronavirus pandemic and unease that USA legislators have failed to approve new aid after expanded unemployment benefits that ... (more...)
Korea's Consumer Prices Grow at Slowest Pace in 4 Months in October
- November 03, 2020
The consumer price index rose 0.1 per cent in October from a year earlier, Statistics Korea data showed, well below a median 0.7 per cent rise tipped in a Reuters survey and the lowest figure in four months. CPI inflation rural increased 11.3 percent year-on-year in October compared to an increase of 11.1 percent in the previous month and 11.3 percent in October 2019. (more...)
- November 03, 2020
The consumer price index rose 0.1 per cent in October from a year earlier, Statistics Korea data showed, well below a median 0.7 per cent rise tipped in a Reuters survey and the lowest figure in four months. CPI inflation rural increased 11.3 percent year-on-year in October compared to an increase of 11.1 percent in the previous month and 11.3 percent in October 2019. (more...)
London's key transport body gets a £1.8bn lifeline
- November 03, 2020
London's City Hall pointed out that private rail operating companies were given an 18-month funding package with no conditions attached, whereas TfL was only given another six-month extension deal with strict conditions. A spokesperson for the Mayor of London said: 'As a condition of the recent TFL emergency funding from Government, the Mayor has been forced to continue the temporary changes to the central London Congestion Charge that Ministers insisted on in May. (more...)
- November 03, 2020
London's City Hall pointed out that private rail operating companies were given an 18-month funding package with no conditions attached, whereas TfL was only given another six-month extension deal with strict conditions. A spokesperson for the Mayor of London said: 'As a condition of the recent TFL emergency funding from Government, the Mayor has been forced to continue the temporary changes to the central London Congestion Charge that Ministers insisted on in May. (more...)
McRib to go nationwide for first time since 2012, McDonald’s says
- November 03, 2020
McDonald's announced the return of the saucy, tangy, and tender fan favorite on Friday, adding that not only will the popular sandwich be on menus in 2020, but that it will available nationwide for the first time since 2012 starting December 2. (more...)
- November 03, 2020
McDonald's announced the return of the saucy, tangy, and tender fan favorite on Friday, adding that not only will the popular sandwich be on menus in 2020, but that it will available nationwide for the first time since 2012 starting December 2. (more...)
Australia Manufacturing PMI Slows To 54.2 In October - IHS Markit
- November 03, 2020
However, unlike Italy, the surge in orders was not strong enough to keep up with production, resulting in an increase in inventories. The preliminary value indicated the growth of the indicator to 53.3 points. "Manufacturing rebounded strongly with fewer restrictions on economic activity and stimulus efforts but the path forward will be more hard as the economy continues to cope wit the pandemic", said Gus Faucher, chief economist at PNC Financial. (more...)
- November 03, 2020
However, unlike Italy, the surge in orders was not strong enough to keep up with production, resulting in an increase in inventories. The preliminary value indicated the growth of the indicator to 53.3 points. "Manufacturing rebounded strongly with fewer restrictions on economic activity and stimulus efforts but the path forward will be more hard as the economy continues to cope wit the pandemic", said Gus Faucher, chief economist at PNC Financial. (more...)
No Queensland virus cases on election day
- November 03, 2020
Health officials are now managing four active cases. Will she or won't she? "But the lengths that (the Queensland and WA) premiers have gone to is beyond the realm of logic and unfortunately it's hurting families, it's hurting individuals, it's hurting businesses". (more...)
- November 03, 2020
Health officials are now managing four active cases. Will she or won't she? "But the lengths that (the Queensland and WA) premiers have gone to is beyond the realm of logic and unfortunately it's hurting families, it's hurting individuals, it's hurting businesses". (more...)
US jury tells Apple to pay $503m in patent case
- November 02, 2020
For ten years Apple and VirnetX have been battling in court, VirnetX argues that Apple's VPN on Demand and FaceTime uses its technology, reported by Bloomberg . This trial involved a different case with newer versions of VPN on Demand. Before Apple, its largest payment came from a $ 200 million settlement with Microsoft Corp. (more...)
- November 02, 2020
For ten years Apple and VirnetX have been battling in court, VirnetX argues that Apple's VPN on Demand and FaceTime uses its technology, reported by Bloomberg . This trial involved a different case with newer versions of VPN on Demand. Before Apple, its largest payment came from a $ 200 million settlement with Microsoft Corp. (more...)
Drakeford: New rules mean hardest Welsh-English border 'for several centuries'
- November 02, 2020
Wales' new national measures when the firebreak ends mean people living in Wales also can not travel outside it without a reasonable excuse. People changing their behaviour is more important in driving down coronavirus infection rates rather than the Welsh Government's exact rules, the First Minister has said. (more...)
- November 02, 2020
Wales' new national measures when the firebreak ends mean people living in Wales also can not travel outside it without a reasonable excuse. People changing their behaviour is more important in driving down coronavirus infection rates rather than the Welsh Government's exact rules, the First Minister has said. (more...)
International Business: Air France-KLM warns of bigger losses amid lockdowns
- November 02, 2020
The move puts the future of the Dutch arm of Air France-KLM into jeopardy, with KLM saying it would not remain afloat without a massive government infusion to save the world's oldest airline, now hit hard by the coronavirus pandemic. However, the agreements only apply until 2022; Hoekstra is seeking assurances from KLM that unions will agree to pay cuts throughout the duration of the bailout, likely five years. (more...)
- November 02, 2020
The move puts the future of the Dutch arm of Air France-KLM into jeopardy, with KLM saying it would not remain afloat without a massive government infusion to save the world's oldest airline, now hit hard by the coronavirus pandemic. However, the agreements only apply until 2022; Hoekstra is seeking assurances from KLM that unions will agree to pay cuts throughout the duration of the bailout, likely five years. (more...)
Michael Gove says England's lockdown may last longer than a month
- November 02, 2020
Walport said that it is not going to be the same as what happened during the first lockdown as more people are working now. Although the full details of the lockdown are be revealed later this week, on Saturday Housing minister Robert Jenrick revealed - characteristically on Twitter - "that 'the housing market will remain open throughout this period". (more...)
- November 02, 2020
Walport said that it is not going to be the same as what happened during the first lockdown as more people are working now. Although the full details of the lockdown are be revealed later this week, on Saturday Housing minister Robert Jenrick revealed - characteristically on Twitter - "that 'the housing market will remain open throughout this period". (more...)
Trump decries Federal Bureau of Investigation probe of supporters surrounding Biden bus
- November 02, 2020
Supporters of US President Donald Trump with decorated vehicles, caravan on the I-495 Capital Beltway, In Fort Washington, Maryland, November 1, 2020. Nationally, Biden leads Trump by 8 percentage points, 51.9 percent to 43.9 percent, and Democrats have a 7-point edge in the generic congressional ballot, Morning Consult found . (more...)
- November 02, 2020
Supporters of US President Donald Trump with decorated vehicles, caravan on the I-495 Capital Beltway, In Fort Washington, Maryland, November 1, 2020. Nationally, Biden leads Trump by 8 percentage points, 51.9 percent to 43.9 percent, and Democrats have a 7-point edge in the generic congressional ballot, Morning Consult found . (more...)
Black Friday Deals Have Already Started At Best Buy
- November 02, 2020
The study also found that over three quarters (77 percent) of adults in the United Kingdom are planning to find a bargain in the Black Friday 2020 sales. Amazon It dropped most of its Echo and Fire TV devices earlier this weekAnd those deals are still going strong. Game's first week of Black Friday deals can be viewed here. (more...)
- November 02, 2020
The study also found that over three quarters (77 percent) of adults in the United Kingdom are planning to find a bargain in the Black Friday 2020 sales. Amazon It dropped most of its Echo and Fire TV devices earlier this weekAnd those deals are still going strong. Game's first week of Black Friday deals can be viewed here. (more...)
Latest news
United Kingdom imposes mandatory COVID-19 tests for worldwide travellers amid virus surge