Markets
Region of Waterloo reports just over 30 new cases of COVID-19
- November 09, 2020
The new rules also mean that gyms already open to the public will shift to appointment only. 28,401 tests have been completed, with a positivity rate of five per cent - meaning out of those tests, five per cent tested positive. "There's a lot more to be put on.to ensure that we have a really good response by the public, which is so critical to bring this down to control", Dr. (more...)
- November 09, 2020
The new rules also mean that gyms already open to the public will shift to appointment only. 28,401 tests have been completed, with a positivity rate of five per cent - meaning out of those tests, five per cent tested positive. "There's a lot more to be put on.to ensure that we have a really good response by the public, which is so critical to bring this down to control", Dr. (more...)
Turkey Finance Minister Albayrak Resigns Over Health Issues
- November 09, 2020
Erdogan instead believes that they cause inflation and ousted a previous central bank chief who was raising them in 2018. Timothy Ash, an emerging markets analyst at BlueBay Asset Management, questioned whether Albayrak's health was the real reason for him quitting and suggested a "purge of Albayrak and his team". (more...)
- November 09, 2020
Erdogan instead believes that they cause inflation and ousted a previous central bank chief who was raising them in 2018. Timothy Ash, an emerging markets analyst at BlueBay Asset Management, questioned whether Albayrak's health was the real reason for him quitting and suggested a "purge of Albayrak and his team". (more...)
Berkshire Hathaway deploys $9bn of cash into buying own stock in Q3
- November 09, 2020
However, the pandemic, two hurricanes and low interest rates hurt profit from insurance businesses, which include the Geico Corp auto insurer. Despite the buybacks, Berkshire ended the quarter with $145.7 billion of cash and equivalents. (more...)
- November 09, 2020
However, the pandemic, two hurricanes and low interest rates hurt profit from insurance businesses, which include the Geico Corp auto insurer. Despite the buybacks, Berkshire ended the quarter with $145.7 billion of cash and equivalents. (more...)
The best November deals for you to shop right now
- November 09, 2020
Walmart , Kohl's and Best Buy are just a few of the many retailers that already have launched early Black Friday deals. Black Friday is recognized for standing one day of the year when consumers can achieve some of the decent contracts. (more...)
- November 09, 2020
Walmart , Kohl's and Best Buy are just a few of the many retailers that already have launched early Black Friday deals. Black Friday is recognized for standing one day of the year when consumers can achieve some of the decent contracts. (more...)
Pfizer’s Covid-19 Vaccine Showing 90 Percent Effectiveness in Phase 3 Trial
- November 09, 2020
Drugmakers have been racing to be the first to develop a successful coronavirus vaccine . "We are reaching this critical milestone in our vaccine development programme at a time when the world needs it most with infection rates setting new records, hospitals nearing over-capacity and economies struggling to reopen", he was quoted as saying by the news agency. (more...)
- November 09, 2020
Drugmakers have been racing to be the first to develop a successful coronavirus vaccine . "We are reaching this critical milestone in our vaccine development programme at a time when the world needs it most with infection rates setting new records, hospitals nearing over-capacity and economies struggling to reopen", he was quoted as saying by the news agency. (more...)
Virgin Hyperloop conducts first test with passengers onboard
- November 09, 2020
Sunday's safety test was a key step toward making that possible. The hyperloop pod reached speeds of 107 miles per hour, and took 15 seconds to travel 500 metres at Virgin's DevLoop test track in the Nevada desert. The firm - which is headquartered in Los Angeles - envisages a future in which their floating pods hurtle around a network of vacuum tubes at speeds reaching 600 miles per hour (966 kilometres per hour) or faster. (more...)
- November 09, 2020
Sunday's safety test was a key step toward making that possible. The hyperloop pod reached speeds of 107 miles per hour, and took 15 seconds to travel 500 metres at Virgin's DevLoop test track in the Nevada desert. The firm - which is headquartered in Los Angeles - envisages a future in which their floating pods hurtle around a network of vacuum tubes at speeds reaching 600 miles per hour (966 kilometres per hour) or faster. (more...)
"Archive " Netflix launches linear option in France
- November 09, 2020
Netflix's decision is suggestive because it is the first time that the company invests in this type of service. A key European marketplace for the streaming large, the SVOD is believed to have round 9 million subscribers in France . Users access Direct via the Netflix web browser, where a 24-hour grid of real-time programming is on view. Shuffle Play wasn't real-time but served recommended programming to the selected users. (more...)
- November 09, 2020
Netflix's decision is suggestive because it is the first time that the company invests in this type of service. A key European marketplace for the streaming large, the SVOD is believed to have round 9 million subscribers in France . Users access Direct via the Netflix web browser, where a 24-hour grid of real-time programming is on view. Shuffle Play wasn't real-time but served recommended programming to the selected users. (more...)
Joe Biden Projected Winner Of US Presidential Election
- November 09, 2020
Joe Biden is forecasted to win his home state of Pennsylvania, which would make him the 46th President of the United States. Biden, former United States vice-president, has garnered more popular and electoral votes than Trump. A centrist who promises to bring calm to Washington after four turbulent years under Trump, Biden is the oldest man to win the presidency - a position he twice sought unsuccessfully during his long political career, before being elected vice president to Barack ... (more...)
- November 09, 2020
Joe Biden is forecasted to win his home state of Pennsylvania, which would make him the 46th President of the United States. Biden, former United States vice-president, has garnered more popular and electoral votes than Trump. A centrist who promises to bring calm to Washington after four turbulent years under Trump, Biden is the oldest man to win the presidency - a position he twice sought unsuccessfully during his long political career, before being elected vice president to Barack ... (more...)
Jim Carrey, Maya Rudolph celebrate Joe Biden’s victory on ‘SNL’
- November 09, 2020
Carrey's Biden and Rudolph's Harris broke into a victory dance. "Can you believe it?" the faux Biden asked the audience. I actually kind of can't. It's been so long since something good happened. Trump was depicted giving his own victory speech and declaring a "red wave" with a national map showing each state in red - only to be told it was a mad of COVID-19 infections. (more...)
- November 09, 2020
Carrey's Biden and Rudolph's Harris broke into a victory dance. "Can you believe it?" the faux Biden asked the audience. I actually kind of can't. It's been so long since something good happened. Trump was depicted giving his own victory speech and declaring a "red wave" with a national map showing each state in red - only to be told it was a mad of COVID-19 infections. (more...)
China's October exports accelerate, boosted by U.S. demand
- November 09, 2020
China's iron ore imports slipped 1.7% in October from a month earlier, but still hovered well above 100 million tonnes, official customs data showed on Saturday, propped up by firm demand at Chinese mills and shipments from major miners. China will raise 2021 non-state crude oil import quotas by 20% from the 2020 level to 243 million tonnes. China's foreign trade has emerged from the woes of the COVID-19 pandemic in recent months thanks to government policies to stabilize the sector. (more...)
- November 09, 2020
China's iron ore imports slipped 1.7% in October from a month earlier, but still hovered well above 100 million tonnes, official customs data showed on Saturday, propped up by firm demand at Chinese mills and shipments from major miners. China will raise 2021 non-state crude oil import quotas by 20% from the 2020 level to 243 million tonnes. China's foreign trade has emerged from the woes of the COVID-19 pandemic in recent months thanks to government policies to stabilize the sector. (more...)
Drilon questions Covid vaccine distribution plan
- November 09, 2020
A survey conducted by the World Economic Forum/Ipsos (a market research company) of 18,526 adults across 15 countries found that only 73 per cent said they would take a Covid-19 vaccine if available - down by four per cent since August. (more...)
- November 09, 2020
A survey conducted by the World Economic Forum/Ipsos (a market research company) of 18,526 adults across 15 countries found that only 73 per cent said they would take a Covid-19 vaccine if available - down by four per cent since August. (more...)
Economic rebound interrupted by pandemic resurgence: European Union autumn forecast
- November 08, 2020
The downgrade comes as governments record increasing numbers of infections, sick people in hospitals and deaths, leading to renewed restrictions on businesses and activity. In June, it estimated that the Finnish economy would contract by 6.3 per cent this year and grow by 2.8 per cent next year. Its GDP will fall by 12.4% this year and rebound 5.4% in 2021, lower than expected last summer. (more...)
- November 08, 2020
The downgrade comes as governments record increasing numbers of infections, sick people in hospitals and deaths, leading to renewed restrictions on businesses and activity. In June, it estimated that the Finnish economy would contract by 6.3 per cent this year and grow by 2.8 per cent next year. Its GDP will fall by 12.4% this year and rebound 5.4% in 2021, lower than expected last summer. (more...)
Insurer RSA in $9.4 billion takeover talks with Intact, Tryg
- November 08, 2020
Shares in RSA shot up 46% to close at 670 pence on Thursday.Jefferies analysts said the offer price represented " more than fair value". Intact says the board of RSA has indicated it would be "minded to recommend" the proposal, subject to satisfactory resolution of the other offer terms. (more...)
- November 08, 2020
Shares in RSA shot up 46% to close at 670 pence on Thursday.Jefferies analysts said the offer price represented " more than fair value". Intact says the board of RSA has indicated it would be "minded to recommend" the proposal, subject to satisfactory resolution of the other offer terms. (more...)
Oil drops as USA election uncertainty dominates markets
- November 08, 2020
Oil fell below $40 a barrel on Friday as new lockdowns in Europe to halt surging Covid-19 infections sparked concern about the outlook for demand, while markets remained on edge over drawn-out vote counting in the USA election. Oil turned lower on Wednesday after President Donald Trump claimed victory in a tight USA election, despite millions of votes still to be counted and a final result not expected for days. (more...)
- November 08, 2020
Oil fell below $40 a barrel on Friday as new lockdowns in Europe to halt surging Covid-19 infections sparked concern about the outlook for demand, while markets remained on edge over drawn-out vote counting in the USA election. Oil turned lower on Wednesday after President Donald Trump claimed victory in a tight USA election, despite millions of votes still to be counted and a final result not expected for days. (more...)
Wall Street steady, in holding pattern as Biden edges closer to victory
- November 08, 2020
Technology mega-caps including Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet Inc fell after logging strong gains this week and were among the biggest drags on the benchmark S&P 500 . The downside of a split government is that a still-divided Washington makes any support package for the economy coming from Congress likely to be less generous than if Democrats had swept the election. (more...)
- November 08, 2020
Technology mega-caps including Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet Inc fell after logging strong gains this week and were among the biggest drags on the benchmark S&P 500 . The downside of a split government is that a still-divided Washington makes any support package for the economy coming from Congress likely to be less generous than if Democrats had swept the election. (more...)
JLR commences booking for electric SUV I-PACE in India
- November 07, 2020
The first new Bowler since 2016 will be revealed in full early next year, and in the meantime, the company has released a few official renderings. The way things are looking now, LR Special Vehicle Operations wants to steal customers from INEOS Automotive, whose boss Jim Ratcliffe had also meant to produce modern Defender replicas, but failed to obtain the license and instead designed a rogue spin-off model called the Grenadier. (more...)
- November 07, 2020
The first new Bowler since 2016 will be revealed in full early next year, and in the meantime, the company has released a few official renderings. The way things are looking now, LR Special Vehicle Operations wants to steal customers from INEOS Automotive, whose boss Jim Ratcliffe had also meant to produce modern Defender replicas, but failed to obtain the license and instead designed a rogue spin-off model called the Grenadier. (more...)
Furlough scheme extended for employees through until March 2021
- November 07, 2020
It will continue under the current rules, with the scheme paying up to 80 per cent of an employee's wages up to £2,500 a month. The nature of the scheme will be reviewed in January. For closed businesses worth over £1 billion, the government will give cash grants of up to £3,000 monthly. The programme, which covers a majority of the wages of employees who can not work due to social distancing restrictions, had initially been scheduled to expire at the end of October. (more...)
- November 07, 2020
It will continue under the current rules, with the scheme paying up to 80 per cent of an employee's wages up to £2,500 a month. The nature of the scheme will be reviewed in January. For closed businesses worth over £1 billion, the government will give cash grants of up to £3,000 monthly. The programme, which covers a majority of the wages of employees who can not work due to social distancing restrictions, had initially been scheduled to expire at the end of October. (more...)
AUD/JPY sees two-way business after RBA cuts rates as expected
- November 07, 2020
Westpac's subsidiary brands including Bank of Melbourne, St. George Bank, BankSA and RAMS also made the same cuts across fixed rate mortgages and business loans. In addition to the rate cut there was an extra $AUD 100bln of bond purchases of 5-10yr maturities for 6 months. "The recession isn't over", he said noting he would not be bound by the technical definition of two quarters of negative growth. (more...)
- November 07, 2020
Westpac's subsidiary brands including Bank of Melbourne, St. George Bank, BankSA and RAMS also made the same cuts across fixed rate mortgages and business loans. In addition to the rate cut there was an extra $AUD 100bln of bond purchases of 5-10yr maturities for 6 months. "The recession isn't over", he said noting he would not be bound by the technical definition of two quarters of negative growth. (more...)
Royal Enfield Meteor 350 launch in India
- November 07, 2020
The teams, based at Bruntingthorpe and in Chennai, have worked hard to ensure the new model is elevated above the other bikes in the Royal Enfield range - and the newly announced competition from Honda and its CB350 H'Ness. The wheelbase of the Meteor 350 is 1,400 mm, ground clearance is 170 mm, seat height is 765 mm, kerb weight is 191 kg, and fuel tank capacity is 15 litres. (more...)
- November 07, 2020
The teams, based at Bruntingthorpe and in Chennai, have worked hard to ensure the new model is elevated above the other bikes in the Royal Enfield range - and the newly announced competition from Honda and its CB350 H'Ness. The wheelbase of the Meteor 350 is 1,400 mm, ground clearance is 170 mm, seat height is 765 mm, kerb weight is 191 kg, and fuel tank capacity is 15 litres. (more...)
Gold eyes best week since July on easing dollar, U.S
- November 07, 2020
Japan's Nikkei average rose 0.9% to a 29-year high while MSCI's broadest gauge of Asian Pacific shares outside Japan rose 0.3% near 3-year high. Spot gold prices rose 0.19% to $1,952.26 an ounce. Trump's campaign pursued lawsuits challenging the election process in several states but few investors expect him to retain the presidency through the courts. (more...)
- November 07, 2020
Japan's Nikkei average rose 0.9% to a 29-year high while MSCI's broadest gauge of Asian Pacific shares outside Japan rose 0.3% near 3-year high. Spot gold prices rose 0.19% to $1,952.26 an ounce. Trump's campaign pursued lawsuits challenging the election process in several states but few investors expect him to retain the presidency through the courts. (more...)
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