Sunday September 27-th, 2020

Markets Right Now: Gains edge S&P 500 closer to record high Markets Right Now: Gains edge S&P 500 closer to record high

Trading has been choppy this week as investors review how companies fared in the third quarter and their outlook heading into 2020. Market focus for Friday was set the same as it had been for the rest of the week, with Intel shares shooting up ...

Pentagon hands Microsoft $10B ‘war cloud’ deal, snubs Amazon Pentagon hands Microsoft $10B ‘war cloud’ deal, snubs Amazon

But that was before Trump began his criticisms of Jeff Bezos , the founder of Amazon and, for the past several years, the owner of The Washington Post - a news organization the president refers to as the "Amazon Washington Post ".

CVS pulls Johnson & Johnson's Baby Powder CVS pulls Johnson & Johnson's Baby Powder

Johnson & Johnson recalled all 33,000 bottles from the same lot as that bottle last Friday, a day after the U.S. Food and Drug Administration notified the company that routine testing discovered the asbestos in one bottle bought from an online reta...

Labour Party says Johnson can't be trusted on workers rights Labour Party says Johnson can't be trusted on workers rights

But opposition parties say they won't vote for an early election until the government secures an extension of the Brexit deadline. "They say they want more time to discuss my new deal, they can have more time - indeed they can have all the parliame...

Trump takes swipe at Apple over iPhone button Trump takes swipe at Apple over iPhone button

Apple's latest iPhone camera has caught up to Google's Pixel camera in a big way. Trump tweeted on Friday. Donald Trump has issued another one of his (in) famous Twitter edicts, this time providing some customer feedback to Apple CEO Tim C...

Offshore wind power generation expected to increase 15-fold Offshore wind power generation expected to increase 15-fold

In this report , the global Small Wind Power market is valued at USD XX million in 2018 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2018 and 2025. "(But) the potential is huge", IEA executive di...

ARM to continue supplying chip technology to Huawei ARM to continue supplying chip technology to Huawei

It's not only Huawei, but most companies in the smartphone segment would also be in a awful situation if they can deal with ARM. Huawei, the world's No. During the second quarter of this year, Huawei's shipments in China rose 31% year-over-year an...

Gold sales jump on Dhanteras as footfall goes up Gold sales jump on Dhanteras as footfall goes up

Gold sales on the most auspicious day in India to buy the metal tumbled this year as high prices and concerns about an economic slowdown saw customers limit purchases. Further, if an investor who purchased these precious metals on 5 November 2018 h...

Bitcoin Price and Altcoins Poised for Further Appreciation Bitcoin Price and Altcoins Poised for Further Appreciation

Support from the broader market would be needed, however, for Bitcoin to break out from the early morning high $9,424.2. Bitcoin surged over 15% today in a stunning movement that shocked investors and analysts alike, and this movement allowed most ...

Tata Motors' Q2 consolidated net loss narrows to Rs 216 cr Tata Motors' Q2 consolidated net loss narrows to Rs 216 cr

The company which owns Jaguar Land Rover ( JLR ) lost 2.17 billion rupees (RM128 million) in the three months to September, down from a loss of 10.49 billion rupees in the year-earlier quarter. The pre-tax loss stood at Rs. 1,270 crore when compare...

World's most expensive bottle of whisky sells for $2.6 million World's most expensive bottle of whisky sells for $2.6 million

A 60-YEAR-OLD bottle of Macallan has become a world record breaker by selling at auction for £1.5million. A bottle of 1926 Macallan 60-year-old has sold for $1.86 million at Sotheby's , setting a new record as the world's most expensive whisky.

Intel delivers strong Q3 as data businesses drive growth Intel delivers strong Q3 as data businesses drive growth

The chipmaker's shares were up 4.8 percent at $54.75 in extended trading. Texas Instruments Inc. this week gave muted guidance for the current quarter, saying customers were more cautious. "We think this could result in the supply chain inventory d...

Argentina's Fernandez leads Macri with first results counted, heading toward outright win Argentina's Fernandez leads Macri with first results counted, heading toward outright win

Macri, 60, conceded defeat with around 80 percent of the vote counted. "We are going to collaborate and do everything possible so Argentines cease to suffer, hopefully our future opponents are aware of what they have left and are capable of underst...

HSBC CEO vows to ‘remodel’ the bank as profits fall HSBC CEO vows to ‘remodel’ the bank as profits fall

Banks and corporates have been suffering from the ongoing trade conflict between the USA and China. However, the bank found a silver lining in Asia where many were concerned about the effects that ongoing protests in Hong Kong could have on the bus...

Best Buy announces free next-day delivery Best Buy announces free next-day delivery

U.S. retailer Best Buy is offering "about 99 per cent" of its customers free next-day delivery on "thousands" of products, now and throughout the holiday season - which is good news for those wanting a speedy service on their Black Friday and Cy...

China buys 264,000 tonnes of USA soybeans - USDA China buys 264,000 tonnes of USA soybeans - USDA

Agriculture Department said on Thursday, amid hopes for a partial trade deal between the world's two largest economies. China is set to buy at least $20 billion worth of agricultural imports from the USA if it agrees to a partial trade deal with Wa...

Pound pressured as Brexit timetable blocked, election risk grows Pound pressured as Brexit timetable blocked, election risk grows

Texas Instruments shares tumbled 9.8% in after-hour trade, driving down other chipmaker shares including Intel and Nvidia. Major Asian chipmakers, including Taiwan's TSMC and South Korea's SK Hynix, had fallen on worries the industry was being sque...

China's economic growth could fall below 6% in 2020, says the International Monetary Fund China's economic growth could fall below 6% in 2020, says the International Monetary Fund

A senior official of the International Monetary Fund ( IMF ) has urged countries to strengthen multilateral cooperation to resolve trade tensions and continue speeding up global economic integration. Growth was 9.8 percent year over year in June. ...

Nigeria Rises 15 Places on World Bank’s Ease of Doing Business Ranking Nigeria Rises 15 Places on World Bank’s Ease of Doing Business Ranking

India has improved its ease of doing business ranking in 2019, earning a place among the world's top ten most improved economies. The country's score improved from 67.3 last year to 71.0 this year, as per the survey released by the World Bank on ...

U.S. produced more than half last year's new millionaires U.S. produced more than half last year's new millionaires

Visit Business Insider's homepage for more stories . More Chinese are "in the top 10% of global wealth distribution" according to the Research Institute at Credit Suisse . China (10 percent) has moved past Japan (6 percent) followed by the Unit...

Tesla posts surprise quarterly profit on record deliveries, shares jump Tesla posts surprise quarterly profit on record deliveries, shares jump

Tesla has announced its Q3 2019 financial results, revealing $6.3 billion in revenue for the most recent quarter, as well as a $383 million increase in cash and cash equivalents to $5.3 billion. But Tesla will still have to prove it can sustain the...

BSNL, MTNL to be merged; Cabinet approves four-way revival plan BSNL, MTNL to be merged; Cabinet approves four-way revival plan

The companies will now need to draw up a fresh revival strategy, while also working out VRS packages, asset monetisation and 4G rollout. The proceeds of the sovereign bonds issue will be to restructure debt and meet other expenses. The existence of...

Nonstop flights from Newark airport to New Zealand to start next year Nonstop flights from Newark airport to New Zealand to start next year

Air New Zealand will launch a non-stop flight from Auckland to NY in October 2020. The return trip leaves NY at 7:05 pm to arrive in Auckland at 6:45 pm. Air New Zealand will fly between its alliance partner United Airlines' New York hub Newark ...

HBC board agrees to takeover bid by Baker group HBC board agrees to takeover bid by Baker group

The discount to the sweetened bid suggests shareholders are not expecting either a white knight with a rival bid or an even richer offer from Baker. Hudson's Bay Executive Chairman Richard Baker along with Rhone Capital LLC, WeWork Property Advi...

Exxon Faces Trial Over Claim It Misled Investors About Climate Change Risks Exxon Faces Trial Over Claim It Misled Investors About Climate Change Risks

That would be a violation of a NY statute known as the Martin Act, which grants the state's attorney general the authority to pursue investigations and actions against those it suspects of securities fraud. He says one focus in the case will be Exx...

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