Markets
China’s e-commerce titan Alibaba hit with antitrust probe
- December 25, 2020
Ant Group remains the world's most valuable Fintech company, and most valuable unicorn company, with a target valuation of over US$280 billion. Alibaba said in a statement it will cooperate with regulators in their investigation, and that its operations remain normal. (more...)
- December 25, 2020
Ant Group remains the world's most valuable Fintech company, and most valuable unicorn company, with a target valuation of over US$280 billion. Alibaba said in a statement it will cooperate with regulators in their investigation, and that its operations remain normal. (more...)
S&P Ekes Out Gain for Holiday Session
- December 25, 2020
The S&P 500 posted 16 new 52-week highs and no new lows; the Nasdaq Composite recorded 182 new highs and 17 new lows. The market reaction to the news was relatively muted. U.S. Congress approved a 900-billion-U.S. -dollar COVID-19 relief package late Monday following months of deadlock and strenuous negotiations, as Americans grapple with a rising economic and health fallout due to the pandemic. (more...)
- December 25, 2020
The S&P 500 posted 16 new 52-week highs and no new lows; the Nasdaq Composite recorded 182 new highs and 17 new lows. The market reaction to the news was relatively muted. U.S. Congress approved a 900-billion-U.S. -dollar COVID-19 relief package late Monday following months of deadlock and strenuous negotiations, as Americans grapple with a rising economic and health fallout due to the pandemic. (more...)
Alaska Airlines Orders More Boeing 737 Max Jets
- December 25, 2020
With the new firm order, the company has 68 aircraft, in addition to 52 purchase options, 15 of them in the new agreement. The families of victims killed in two crashes by Boeing Co's 737 Max want US regulators to rescind approval for the planes to fly again, after a Senate report that raised concerns about the reapproval process. (more...)
- December 25, 2020
With the new firm order, the company has 68 aircraft, in addition to 52 purchase options, 15 of them in the new agreement. The families of victims killed in two crashes by Boeing Co's 737 Max want US regulators to rescind approval for the planes to fly again, after a Senate report that raised concerns about the reapproval process. (more...)
Coronavirus: Cambridgeshire moving to Tier 4
- December 25, 2020
At a press briefing this afternoon, Health Secretary Matt Hancock said: "I know this is hard". It's the impact on our hospitals that's driving this change and we can't afford to overwhelm them preventing our hard-pressed doctors and nurses from treating people and saving lives. (more...)
- December 25, 2020
At a press briefing this afternoon, Health Secretary Matt Hancock said: "I know this is hard". It's the impact on our hospitals that's driving this change and we can't afford to overwhelm them preventing our hard-pressed doctors and nurses from treating people and saving lives. (more...)
Weeks After Vodafone, Cairn Wins Tax Case Against Government
- December 24, 2020
After such consultations, the Government will consider all options and take a decision on further course of action, including legal remedies before appropriate fora. The government filed an appeal before a Singapore court on December 21, the news channel reported citing sources. Cairn Energy, which gave the country its biggest oil discovery, was in March 2015 slapped with a demand for ₹10,247 crore tax on alleged capital gains it made when, in 2006, it reorganised its India business before ... (more...)
- December 24, 2020
After such consultations, the Government will consider all options and take a decision on further course of action, including legal remedies before appropriate fora. The government filed an appeal before a Singapore court on December 21, the news channel reported citing sources. Cairn Energy, which gave the country its biggest oil discovery, was in March 2015 slapped with a demand for ₹10,247 crore tax on alleged capital gains it made when, in 2006, it reorganised its India business before ... (more...)
USA lawmakers block Trump’s requested changes on coronavirus bill
- December 24, 2020
Thursday's unusual 12-minute House session session instead morphed into unconvincing theater in response to Trump's veto musings about the package, which was negotiated by Treasury Secretary Steven Mnuchin on Trump's behalf. If Trump takes no action within 10 days of receipt, excluding Sundays, it would automatically become law unless Congress is adjourned. At that time, President Trump was expected to sign the bill. (more...)
- December 24, 2020
Thursday's unusual 12-minute House session session instead morphed into unconvincing theater in response to Trump's veto musings about the package, which was negotiated by Treasury Secretary Steven Mnuchin on Trump's behalf. If Trump takes no action within 10 days of receipt, excluding Sundays, it would automatically become law unless Congress is adjourned. At that time, President Trump was expected to sign the bill. (more...)
Trump slams COVID relief bill, suggests he won’t sign it
- December 24, 2020
Shortly after Trump spoke up on Tuesday, House Speaker Nancy Pelosi (D-Calif.) announced plans to bring a bill including $2,000 checks to the floor of the House, allowing it to advance via a unanimous consent vote. But, predictably, he didn't join Pelosi and Trump's calls for more money in the direct payments. The bill authorizes a 3% pay raise for troops, along with hazard pay and other bonuses. (more...)
- December 24, 2020
Shortly after Trump spoke up on Tuesday, House Speaker Nancy Pelosi (D-Calif.) announced plans to bring a bill including $2,000 checks to the floor of the House, allowing it to advance via a unanimous consent vote. But, predictably, he didn't join Pelosi and Trump's calls for more money in the direct payments. The bill authorizes a 3% pay raise for troops, along with hazard pay and other bonuses. (more...)
India likely to approve AstraZeneca vaccine by next week
- December 24, 2020
If all goes good, India will become the 1st country in the world to approve this vaccine , and thus, signal the start of the vaccination process for the entire country. The SII, on the other hand, had sought permission from the SEC to conduct phase III trials of COVOVAX in India as it has already conducted phase I and II trials of the vaccine candidate in the US. (more...)
- December 24, 2020
If all goes good, India will become the 1st country in the world to approve this vaccine , and thus, signal the start of the vaccination process for the entire country. The SII, on the other hand, had sought permission from the SEC to conduct phase III trials of COVOVAX in India as it has already conducted phase I and II trials of the vaccine candidate in the US. (more...)
Major Defense Bill, Strongly Backed in Congress, Draws Trump's Veto
- December 24, 2020
On Wednesday afternoon, the lame duck president vetoed the defense spending bill that had passed both chambers with overwhelming support. The Democratic House Speaker Nancy Pelosi slammed Trump's veto as "an act of recklessness that harms our troops, endangers our security & undermines the will of Congress". (more...)
- December 24, 2020
On Wednesday afternoon, the lame duck president vetoed the defense spending bill that had passed both chambers with overwhelming support. The Democratic House Speaker Nancy Pelosi slammed Trump's veto as "an act of recklessness that harms our troops, endangers our security & undermines the will of Congress". (more...)
China launches anti-monopoly probe into tech giant Alibaba
- December 24, 2020
Shares in Alibaba fell almost 9% in Hong Kong on Thursday morning. China's top market watchdog has begun a probe into Alibaba over alleged anti-competition practices at the e-commerce firm, the latest of Beijing's efforts to curb the country's ever-expanding internet titans. (more...)
- December 24, 2020
Shares in Alibaba fell almost 9% in Hong Kong on Thursday morning. China's top market watchdog has begun a probe into Alibaba over alleged anti-competition practices at the e-commerce firm, the latest of Beijing's efforts to curb the country's ever-expanding internet titans. (more...)
DailyHunt is India’s latest unicorn after funding from Microsoft, Google, Others
- December 24, 2020
According to the company the funds will be utilized for product development, as well as for global expansion as the company sets sight to go deeper into the South-east Asian market, Latin America as well as the United States market. "We have built new products and features that enable people to create, consume, and communicate more effortlessly across more Indic languages, and through that, better serve not just the needs of over a billion people in India, but many more people around the ... (more...)
- December 24, 2020
According to the company the funds will be utilized for product development, as well as for global expansion as the company sets sight to go deeper into the South-east Asian market, Latin America as well as the United States market. "We have built new products and features that enable people to create, consume, and communicate more effortlessly across more Indic languages, and through that, better serve not just the needs of over a billion people in India, but many more people around the ... (more...)
City County Offices Services Closed For Holidays
- December 24, 2020
Both Christmas Day and Boxing Day are designated retail closing days in Nova Scotia, which means you can expect nearly everything to be shut down for those two days. The Vienna Community Center will be closed from December 24-27. Branches will be closed on Friday Dec. 25, Saturday Dec. 26, and Monday, Dec. 28. The Town of Vienna will close its offices on both Thursday and Friday. (more...)
- December 24, 2020
Both Christmas Day and Boxing Day are designated retail closing days in Nova Scotia, which means you can expect nearly everything to be shut down for those two days. The Vienna Community Center will be closed from December 24-27. Branches will be closed on Friday Dec. 25, Saturday Dec. 26, and Monday, Dec. 28. The Town of Vienna will close its offices on both Thursday and Friday. (more...)
Airport traffic up despite travel warnings
- December 24, 2020
Since November 29 the past two days marks the first time that the U.S. airports have screened more than 1 million passengers per day. Dr. Anthony Fauci repeated those points last week, urging Americans to skip holiday gatherings altogether. (more...)
- December 24, 2020
Since November 29 the past two days marks the first time that the U.S. airports have screened more than 1 million passengers per day. Dr. Anthony Fauci repeated those points last week, urging Americans to skip holiday gatherings altogether. (more...)
SEC files lawsuit alleging Ripple's XRP cryptocurrency is an unregistered security
- December 23, 2020
Ripple intends to fight the lawsuit . Ripple first announced that it expected an SEC lawsuit on Monday. Still, "any crypto exchange who doesn't delist XRP this week is out of their mind" and "crazy to list it without a licence" should the SEC deem it a security, wrote Bruce Fenton, CEO of Chainstone Labs , with INX Limited's Alan Silbert agreeing . (more...)
- December 23, 2020
Ripple intends to fight the lawsuit . Ripple first announced that it expected an SEC lawsuit on Monday. Still, "any crypto exchange who doesn't delist XRP this week is out of their mind" and "crazy to list it without a licence" should the SEC deem it a security, wrote Bruce Fenton, CEO of Chainstone Labs , with INX Limited's Alan Silbert agreeing . (more...)
Delta Passengers Leave Taxiing Airbus A321 Via Slide
- December 23, 2020
He was quickly followed by the woman with the dog . "They said they were stopping the plane and they never stopped the plane, and I got to the point where I was just feeling dizzy". The most famous example of an unauthorized slip-out occurred 10 years ago at Kennedy International Airport A Jet Blue flight attendant He said he was involved in a dispute with a passenger. (more...)
- December 23, 2020
He was quickly followed by the woman with the dog . "They said they were stopping the plane and they never stopped the plane, and I got to the point where I was just feeling dizzy". The most famous example of an unauthorized slip-out occurred 10 years ago at Kennedy International Airport A Jet Blue flight attendant He said he was involved in a dispute with a passenger. (more...)
Australia's antitrust watchdog rejects Google's Fitbit undertaking
- December 23, 2020
The Australia Competition and Consumer Commission (ACCC) rejected the undertaking addressing the competition concerns submitted by Google Inc. on 22nd Dec 2020, hence further delaying the company's plan to acquire fitness tracker maker Fitbit. (more...)
- December 23, 2020
The Australia Competition and Consumer Commission (ACCC) rejected the undertaking addressing the competition concerns submitted by Google Inc. on 22nd Dec 2020, hence further delaying the company's plan to acquire fitness tracker maker Fitbit. (more...)
Apple Car Might Be Available from 2024 | IE
- December 23, 2020
Like any industry that Apple wades into, the analysts believe that Apple may be building its own self-driving auto because it has identified an opportunity to " dramatically improve the user experience ". Apples iPhone 12 Pro and iPad Pro models released this year both feature lidar sensors. It would reportedly allow the company to add more active material to the power cell, thereby offering greater range. (more...)
- December 23, 2020
Like any industry that Apple wades into, the analysts believe that Apple may be building its own self-driving auto because it has identified an opportunity to " dramatically improve the user experience ". Apples iPhone 12 Pro and iPad Pro models released this year both feature lidar sensors. It would reportedly allow the company to add more active material to the power cell, thereby offering greater range. (more...)
Oil prices fall amid worries over new coronavirus strain
- December 23, 2020
Both benchmark contracts slid almost 3 per cent on Monday, partlyerasing recent strong gains on the back of the rollout of Covid-19 vaccines, seen as key to easing mobility restrictions. A Reuters survey of analysts, conducted ahead of reports from the American Petroleum Institute later Tuesday and the Energy Information Administration on Wednesday, predicted that US crude inventories likely fell 3.3 million barrels in the week. (more...)
- December 23, 2020
Both benchmark contracts slid almost 3 per cent on Monday, partlyerasing recent strong gains on the back of the rollout of Covid-19 vaccines, seen as key to easing mobility restrictions. A Reuters survey of analysts, conducted ahead of reports from the American Petroleum Institute later Tuesday and the Energy Information Administration on Wednesday, predicted that US crude inventories likely fell 3.3 million barrels in the week. (more...)
Google Overhauls Its Online Pay Service To Compete With Venmo, Others
- December 23, 2020
This way, you'll be able to see the businesses and people you most interact with. These greatly expand its capabilities and make it a much more useful app. All your transactions, all together + With your permission, you can see activity from accounts you've linked. Google has made the new app safe and privacy-conscious. (more...)
- December 23, 2020
This way, you'll be able to see the businesses and people you most interact with. These greatly expand its capabilities and make it a much more useful app. All your transactions, all together + With your permission, you can see activity from accounts you've linked. Google has made the new app safe and privacy-conscious. (more...)
Sterling drops 0.82% after Britain tightens coronavirus restrictions
- December 23, 2020
A failure to reach a post-Brexit deal would lead to more chaos on Britain's borders with the European Union at the start of 2021, when new tariffs would add to other impediments to trade enacted by both sides. British Prime Minister Boris Johnson's government is working with France in an attempt to find a way to lift border closures that have snarled one of Europe's most important trade routes just days before the Brexit cliff edge. (more...)
- December 23, 2020
A failure to reach a post-Brexit deal would lead to more chaos on Britain's borders with the European Union at the start of 2021, when new tariffs would add to other impediments to trade enacted by both sides. British Prime Minister Boris Johnson's government is working with France in an attempt to find a way to lift border closures that have snarled one of Europe's most important trade routes just days before the Brexit cliff edge. (more...)
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