Markets
Only 500 new COVID cases in Alberta, but fewer tests conducted
- December 28, 2020
That's out of about 15,600 test results over the past 24 hours for a positivity rate of seven per cent. Hinshaw said there was a "small increase" in the number of hospitalizations and Albertans in intensive care units as a result of COVID-19 during the two day period. (more...)
- December 28, 2020
That's out of about 15,600 test results over the past 24 hours for a positivity rate of seven per cent. Hinshaw said there was a "small increase" in the number of hospitalizations and Albertans in intensive care units as a result of COVID-19 during the two day period. (more...)
Alibaba in hot water on China's regulators probe over Ant Group
- December 28, 2020
It also represents a 30% stumble from its October peak. The government also announced that it has launched an anti-monopoly investigation into Alibaba. China has been making efforts to mitigate financial risks and maintain a healthy financial market in recent years. The regulators said they will "resolutely" break monopolistic practice and have "zero tolerance" on any illicit financial activities while keeping the global competitiveness of the Chinese fintech firms in the future. (more...)
- December 28, 2020
It also represents a 30% stumble from its October peak. The government also announced that it has launched an anti-monopoly investigation into Alibaba. China has been making efforts to mitigate financial risks and maintain a healthy financial market in recent years. The regulators said they will "resolutely" break monopolistic practice and have "zero tolerance" on any illicit financial activities while keeping the global competitiveness of the Chinese fintech firms in the future. (more...)
Canada confirms two cases of new coronavirus variant
- December 28, 2020
Barbara Yaffe, Ontario's associate chief medical officer of health, said in a news release on Saturday. The agency had initially said the couple had no known history of travel or contact with people who had recently travelled. As of Saturday, Canada has had almost 541,000 COVID-19 cases, with more than 14,700 fatalities due to the virus, according to data compiled by Johns Hopkins University . (more...)
- December 28, 2020
Barbara Yaffe, Ontario's associate chief medical officer of health, said in a news release on Saturday. The agency had initially said the couple had no known history of travel or contact with people who had recently travelled. As of Saturday, Canada has had almost 541,000 COVID-19 cases, with more than 14,700 fatalities due to the virus, according to data compiled by Johns Hopkins University . (more...)
Microsoft makes remote work option permanent
- December 28, 2020
As The Verge reported , Microsoft's employees who chose to work remotely on a permanent basis will be allowed to move across the country if they choose, and while it won't cover the costs of hauling across the U.S., the company did offer to cover the home office expenses for those remote workers. (more...)
- December 28, 2020
As The Verge reported , Microsoft's employees who chose to work remotely on a permanent basis will be allowed to move across the country if they choose, and while it won't cover the costs of hauling across the U.S., the company did offer to cover the home office expenses for those remote workers. (more...)
India to become fifth-largest economy in 2025: think tank
- December 28, 2020
India had overtaken the United Kingdom as the fifth-biggest economy in 2019 but has slipped behind it again due to the pandemic's impact. According to the new research by the Centre of Economic and Business Research, UK, China would be benefitted the most. (more...)
- December 28, 2020
India had overtaken the United Kingdom as the fifth-biggest economy in 2019 but has slipped behind it again due to the pandemic's impact. According to the new research by the Centre of Economic and Business Research, UK, China would be benefitted the most. (more...)
Travellers to Turkey must have negative Covid-19 test result
- December 27, 2020
FILE - In this Monday, Dec. 21, 2020 file photo, under the watchful eye of Prof. Turkey obliged all worldwide airway passengers flying to Turkey to present a negative COVID-19 test result as of December 28, Turkish Health Minister Fahrettin Koca announced on Friday. (more...)
- December 27, 2020
FILE - In this Monday, Dec. 21, 2020 file photo, under the watchful eye of Prof. Turkey obliged all worldwide airway passengers flying to Turkey to present a negative COVID-19 test result as of December 28, Turkish Health Minister Fahrettin Koca announced on Friday. (more...)
China's economy forecast to overtake United States in 2028
- December 27, 2020
It also said the pandemic's impact on the global economy was likely to show up in higher inflation, not slower growth. CEBR mentioned the forecast in its annual report published on Saturday. "GDP in the second quarter (April-June) 2020 was 23.9% lower than its 2019 level, indicating that nearly a quarter of the country's economic activity was wiped out by the drying up of the global demand and the collapse in domestic demand that accompanied the series of national lockdowns, "he said". (more...)
- December 27, 2020
It also said the pandemic's impact on the global economy was likely to show up in higher inflation, not slower growth. CEBR mentioned the forecast in its annual report published on Saturday. "GDP in the second quarter (April-June) 2020 was 23.9% lower than its 2019 level, indicating that nearly a quarter of the country's economic activity was wiped out by the drying up of the global demand and the collapse in domestic demand that accompanied the series of national lockdowns, "he said". (more...)
Apple reportedly rejected Tesla acquisition talks
- December 27, 2020
Also Read: Is Apple Car Going To Launch In 2021 Instead Of 2024? However, former Tesla executive Doug Field returned back to Apple in 2018 to work on the project before laying off 190 people from the team in 2019. This means Tim Cook refused Tesla buying for $60 billion. In 2013, the CEO reportedly looked into selling Tesla as the automaker was having difficulties ramping up production of the Model S. (more...)
- December 27, 2020
Also Read: Is Apple Car Going To Launch In 2021 Instead Of 2024? However, former Tesla executive Doug Field returned back to Apple in 2018 to work on the project before laying off 190 people from the team in 2019. This means Tim Cook refused Tesla buying for $60 billion. In 2013, the CEO reportedly looked into selling Tesla as the automaker was having difficulties ramping up production of the Model S. (more...)
USA will require negative COVID-19 tests for all United Kingdom passengers - CDC
- December 27, 2020
The airline, which maintains a hub at Newark Liberty, is setting a similar requirement for travelers coming from the U.K.to its hubs in Chicago, Washington and San Francisco, adding a recent COVID-19 test to its "Ready-to-Fly" checklist for customers who have scheduled air travel at a time when much of the U.S.is gripped by a deadly second wave of the pandemic. (more...)
- December 27, 2020
The airline, which maintains a hub at Newark Liberty, is setting a similar requirement for travelers coming from the U.K.to its hubs in Chicago, Washington and San Francisco, adding a recent COVID-19 test to its "Ready-to-Fly" checklist for customers who have scheduled air travel at a time when much of the U.S.is gripped by a deadly second wave of the pandemic. (more...)
Japan bans foreigners from entry after Covid-19 variant lands in Osaka
- December 27, 2020
They are a pilot in his 30s who returned to Japan from London on December 16 and a woman in her 20s, one of his family members, with no history of visiting the country, the health ministry said. The spread of the virus in Tokyo contrasts with another hotspot, the northern island of Hokkaido, where case numbers have fallen from a November peak. (more...)
- December 27, 2020
They are a pilot in his 30s who returned to Japan from London on December 16 and a woman in her 20s, one of his family members, with no history of visiting the country, the health ministry said. The spread of the virus in Tokyo contrasts with another hotspot, the northern island of Hokkaido, where case numbers have fallen from a November peak. (more...)
Stick to tier 4 restrictions, police urge
- December 27, 2020
However, shoppers in lower tier zones queued for bargains in the early hours of the morning, with around 200 people waiting in a socially-distanced queue by 5.50am outside Next in Leicester, which is under Tier 3 restrictions. "We must remember that the advice is to stay at home, only go out for essentials such as food or medicine, and there can be no mixing of households - even on Christmas Day if you are already in tier 4". (more...)
- December 27, 2020
However, shoppers in lower tier zones queued for bargains in the early hours of the morning, with around 200 people waiting in a socially-distanced queue by 5.50am outside Next in Leicester, which is under Tier 3 restrictions. "We must remember that the advice is to stay at home, only go out for essentials such as food or medicine, and there can be no mixing of households - even on Christmas Day if you are already in tier 4". (more...)
World stocks shrug off Trump’s stimulus threat
- December 26, 2020
The strengthening of the euro and the pound put pressure on the U.S. currency, given the possibility of the United Kingdom and the European Union closing a trade deal after Brexit, the island nation's exit from the European bloc. "The overnight rally leaves gold parked in the middle of its one-week range, lacking the drivers and momentum to attempt a directional move either way", Jeffrey Halley, a senior market analyst at OANDA, said in a note. (more...)
- December 26, 2020
The strengthening of the euro and the pound put pressure on the U.S. currency, given the possibility of the United Kingdom and the European Union closing a trade deal after Brexit, the island nation's exit from the European bloc. "The overnight rally leaves gold parked in the middle of its one-week range, lacking the drivers and momentum to attempt a directional move either way", Jeffrey Halley, a senior market analyst at OANDA, said in a note. (more...)
China's Antitrust Probe Zeroes In on Vendor Claims of Alibaba Pressure
- December 26, 2020
The sudden suspension of the offering also came after Ant Group's chairman and majority owner, Jack Ma , who is also a co-founder of Alibaba , publicly disparaged the Chinese financial system. "Chinese authorities want to see a smaller, less dominant and more compliant firm". Ant said it would "seriously study and strictly comply with all regulatory requirements and commit full efforts to fulfill all related work". (more...)
- December 26, 2020
The sudden suspension of the offering also came after Ant Group's chairman and majority owner, Jack Ma , who is also a co-founder of Alibaba , publicly disparaged the Chinese financial system. "Chinese authorities want to see a smaller, less dominant and more compliant firm". Ant said it would "seriously study and strictly comply with all regulatory requirements and commit full efforts to fulfill all related work". (more...)
Nuro gets first California OK to charge money for self-driving services
- December 26, 2020
Ike notably started out in Nuro's offices when it launched in 2018, and Nuro has been a minority stakeholder in the company since the beginning. The automated vehicle technology industry had lobbied the CPUC for months to consider the rule change that would allow for operators to charge a fare and offer shared rides in driverless vehicles. (more...)
- December 26, 2020
Ike notably started out in Nuro's offices when it launched in 2018, and Nuro has been a minority stakeholder in the company since the beginning. The automated vehicle technology industry had lobbied the CPUC for months to consider the rule change that would allow for operators to charge a fare and offer shared rides in driverless vehicles. (more...)
Ontario reports another jump in new COVID-19 cases in Ottawa
- December 26, 2020
The province completed 64,592 tests yesterday. Other areas that recorded more than 50 cases of the disease on Thursday include Ottawa (77), Durham Region (92), Middlesex-London (67), Halton Region (55), Niagara Region (93), Waterloo Region (82), and Wellington-Dufferin-Guelph (63). (more...)
- December 26, 2020
The province completed 64,592 tests yesterday. Other areas that recorded more than 50 cases of the disease on Thursday include Ottawa (77), Durham Region (92), Middlesex-London (67), Halton Region (55), Niagara Region (93), Waterloo Region (82), and Wellington-Dufferin-Guelph (63). (more...)
Twitter says many employees may work remotely 'forever'
- December 26, 2020
Twitter CEO Jack Dorsey is donating $15 million to San Francisco's coronavirus relief fund, some of which will go toward illegal immigrants, according to Mayor London Breed. Google and Facebook have also made a decision to allow most of their workforce to stay home and work through the end of this year. Notice a popular fruit-resembling Cupertino-based company missing? E-commerce major Amazon India has also allowed its employees to work from home till October. (more...)
- December 26, 2020
Twitter CEO Jack Dorsey is donating $15 million to San Francisco's coronavirus relief fund, some of which will go toward illegal immigrants, according to Mayor London Breed. Google and Facebook have also made a decision to allow most of their workforce to stay home and work through the end of this year. Notice a popular fruit-resembling Cupertino-based company missing? E-commerce major Amazon India has also allowed its employees to work from home till October. (more...)
All Britons travelling to USA from Monday must have negative Covid test
- December 26, 2020
But according to researchers on the Centers for Disease Control and Prevention's Covid-19 Response Team, testing three days before the flight may not achieve much - reducing the risk of the virus spreading by only 5-9%. Passengers wishing to travel from the United Kingdom must get a PCR or antigen test and provide written documentation of the result to their airline, which will be required to double check the result before they allow a passenger to board. (more...)
- December 26, 2020
But according to researchers on the Centers for Disease Control and Prevention's Covid-19 Response Team, testing three days before the flight may not achieve much - reducing the risk of the virus spreading by only 5-9%. Passengers wishing to travel from the United Kingdom must get a PCR or antigen test and provide written documentation of the result to their airline, which will be required to double check the result before they allow a passenger to board. (more...)
Trump whines after Republicans refuse to give Americans $2,000 stimulus checks
- December 26, 2020
The bipartisan compromise had been considered a done deal and won sweeping approval in the House and Senate this week after the White House assured Republican leaders Mr Trump supported it. By using "unanimous consent" to approve or disapprove the bill, the Democrat House Speaker was able to prevent the bill from being passed just in time for Christmas. (more...)
- December 26, 2020
The bipartisan compromise had been considered a done deal and won sweeping approval in the House and Senate this week after the White House assured Republican leaders Mr Trump supported it. By using "unanimous consent" to approve or disapprove the bill, the Democrat House Speaker was able to prevent the bill from being passed just in time for Christmas. (more...)
China highlights effectiveness of its anti-Covid-19 vaccine in Turkey
- December 26, 2020
Butantan Institute Director Dimas Covas said the vaccine has reached the efficacy threshold that allowed them to seek an emergency use authorization from Brazil's Anvisa regulatory agency. The Chinese vaccine is also undergoing phase 3 trials - or large-scale testing on humans - in several other nations including China, Russia, Chile, Argentina and Saudi Arabia. (more...)
- December 26, 2020
Butantan Institute Director Dimas Covas said the vaccine has reached the efficacy threshold that allowed them to seek an emergency use authorization from Brazil's Anvisa regulatory agency. The Chinese vaccine is also undergoing phase 3 trials - or large-scale testing on humans - in several other nations including China, Russia, Chile, Argentina and Saudi Arabia. (more...)
PM Modi misleading farmers for political benefits, says TMC
- December 25, 2020
After the PM's address, Union Agriculture Minister Narendra Singh Tomar PM and said that he has written to West Bengal Chief Minister Mamata Banerjee to join the central scheme. What was the budget for farmers in 2013-14 when UPA and Congress were in power. The Prime Minister released the instalment of more than Rs. 18,000 crore to more than 9 crores beneficiary farmer families via video conferencing. (more...)
- December 25, 2020
After the PM's address, Union Agriculture Minister Narendra Singh Tomar PM and said that he has written to West Bengal Chief Minister Mamata Banerjee to join the central scheme. What was the budget for farmers in 2013-14 when UPA and Congress were in power. The Prime Minister released the instalment of more than Rs. 18,000 crore to more than 9 crores beneficiary farmer families via video conferencing. (more...)
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