Sunday September 27-th, 2020

Sterling slumps as Boris warns Britain is prepared for no deal Brexit Sterling slumps as Boris warns Britain is prepared for no deal Brexit

But the offer is contingent on two principles: the United Kingdom must agree to a level playing field over the long term and on a fisheries deal offering continued reciprocal access to United Kingdom markets and waters. Mr. Johnson's speech to diplom...

Ryanair expansion plans pushed back by Boeing MAX grounding Ryanair expansion plans pushed back by Boeing MAX grounding

According to Reuters , the groups chief Michael O'Leary today revealed that the Ryanair Group is in discussions with Boeing over an undisclosed number of aircraft. It comes as Boeing is battling to ensure its 737 Max planes are able to take to the...

Coronavirus: China accuses USA of spreading 'panic' Coronavirus: China accuses USA of spreading 'panic'

The Shanghai Composite index fell almost eight per cent on Monday amid news the death toll from the virus had risen to 361 with 17,205 cases confirmed - an increase of almost 3000 in the last 24 hours. The tenth and eleventh cases are in San Benito C...

China Central Bank to inject $260bn into economy to soften coronavirus slump China Central Bank to inject $260bn into economy to soften coronavirus slump

The epidemic has ballooned into a global health emergency with cases in more than 20 countries. This includes countries like Canada and regions as far off as Europe. "Although most analysts agree it is too early to estimate the impact of (the virus) ...

Supermodel Bella Hadid one among many victims harassed by 'Victoria's Secret' executives Supermodel Bella Hadid one among many victims harassed by 'Victoria's Secret' executives

Victoria's Secret models were constantly hounded by a creepy executive who made unwanted sexual advances and even once told supermodel Bella Hadid she had "perfect titties", according to a New York Times investigation . Three L Brands executive...

Altria cuts Juul investment by US$4.1 bil Altria cuts Juul investment by US$4.1 bil

Efforts to capitalize on new technologies such as e-cigarettes is crucial for companies like Altria, which took a 35 per cent stake in Juul at the end of 2018. Excluding the impairment charge, Altria earned $1.02 per share, in line with Wall Street e...

Kamarudin, Tony Fernandes to relinquish executive posts amid Airbus bribery probe Kamarudin, Tony Fernandes to relinquish executive posts amid Airbus bribery probe

This means Fernandes, who was chief executive officer cum executive director, has been redesignated as non-executive director, while Kamarudin, who was AirAsia's executive chairman, is now the company's non-executive chairman. Both Kamarudin and Tony...

Twitter Adds Bitcoin Emoji, Jack Dorsey Suggests Unicode Does the Same Twitter Adds Bitcoin Emoji, Jack Dorsey Suggests Unicode Does the Same

Will other top social media platforms follow? Dorsey's tweet showed that, now, whenever a Twitter user writes the Bitcoin or BTC hashtag, an image showing its symbol appears next to it. Note that in this tweet, the Twitter CEO has tagged the ...

Lauren Sanchez's brother sues Bezos for defamation over leaking claim Lauren Sanchez's brother sues Bezos for defamation over leaking claim

Michael Sanchez claims in the suit he was Lauren's "dutiful brother and manager" who was scapegoated when a private investigator and a federal authorities probed who leaked Bezos' private messages to the tabloid, TMZ reported . His consultant Becke...

Pakistan annual inflation rate rises to 14.56% in January Pakistan annual inflation rate rises to 14.56% in January

The inflation figure was calculated using the bureau's new formula, which changes the base year of the Consumer Price Index (CPI) to 2018 from 2012 and includes new pattern of consumption. Food inflation in urban areas rose by 19.5 per cent in Januar...

Manufacturing purchasing managers' index up in January Manufacturing purchasing managers' index up in January

Japan's manufacturing activity shrank for a ninth month in January as output and new orders contracted again, pointing to further strains on the economy, a business survey showed on Monday. "With that in mind, business expectations data provide som...

China to do 'everything' to shield economy from coronavirus China to do 'everything' to shield economy from coronavirus

The PBOC would "keep close contact with financial institutions and financial markets to stay fully on top of the liquidity situation and demand", PBOC Deputy Governor Pan Gongsheng (潘功勝) said in an interview with the bank's newspaper, Financial News,...

WeWork parent to name real-estate veteran Sandeep Mathrani new CEO WeWork parent to name real-estate veteran Sandeep Mathrani new CEO

SoftBank Corp. -funded WeWork, which is now trying to reorganize and rebuild the organization after a slew of events past year, said that Mathrani is joining from 18 February and will report to executive chairman Marcelo Claure . Under Neumann's l...

DHS: New screening to begin amid coronavirus concerns DHS: New screening to begin amid coronavirus concerns

And he said the US may try to deliver some medical supplies to the region. Airlines are expected to check travelers' passports. You are warned that passengers may have to arrive earlier on flights to the United States. World Health Organization dec...

Philippines reports first conronavirus death outside of China Philippines reports first conronavirus death outside of China

Chinese stock and commodity markets plunged at the open in their first session since January 23, when the outbreak of the newly identified virus had claimed only 17 lives in Wuhan city in Hubei province . University of Hong Kong microbiologi...

Wuhan virus: Apple shuts down stores and offices in China Wuhan virus: Apple shuts down stores and offices in China

Apple stores in China continued with business as usual on December 11, despite a Chinese court-ordered ban on iPhone sales that could hurt the United States tech firm in one of its most crucial markets. So far the virus has killed 259 people and sick...

China central bank sees temporary economic impact from virus, pledges support measures China central bank sees temporary economic impact from virus, pledges support measures

Declines were led by telecom, technology and commodity producers. The slump comes despite Beijing authorities unveiling a slew of measures to support the financial system, with the central bank announcing that it will pump 1.2 trillion yuan ($174...

Budget 2020: MSME Ministry allocated Rs 7,572 crore Budget 2020: MSME Ministry allocated Rs 7,572 crore

It would also include the tax benefits on housing loan and house rent, mediclaim, leave travel allowance, family pension, interest on education loans, disability and donations to charitable institutions. It did not take long for the trolls to take to...

Mercedes-Benz X-Class - production to end in May Mercedes-Benz X-Class - production to end in May

The automaker said that it regularly assesses its portfolio to determine the vehicles that should remain in its production line. The German automaker made a decision to end production of the X-Class, which could not give the expected. That makes it €...

FDA Clears First Treatment for Peanut Allergy FDA Clears First Treatment for Peanut Allergy

After six months of maintenance with Palforzia, how many could take 600mg of peanut protein with no more than a mild allergic reaction? "Even with strict avoidance, inadvertent exposures can and do occur". After that, users must continue to take a da...

NRIs confused over Indian budget proposals

In an exclusive interview to Business Today.In, Sitharaman said that "income generated in tax free jurisdictions will not be taxed". Earlier, an Indian citizen would become an NRI if he stayed out of the country for over 182 days. Gopal Bohra of NA S...

Ola Cabs to start services in London from February 10 Ola Cabs to start services in London from February 10

Ola's focus on security is sold as its rival Uber is participating with London's transportation regulator to keep its operation in town, which stripped the American giant of the permit - for the next time - late past year. "The overwhelmingly p...

'Happy Brexit Day' poster telling people to speak English reported to police 'Happy Brexit Day' poster telling people to speak English reported to police

The unsigned note was reportedly found in Winchester Tower in Norwich, eastern England, on Friday morning, hours before the United Kingdom officially left the European Union at 2300 GMT after 47 years of membership. "Norwich has a proud history as a ...

Wall St rattled by China virus worries, mixed earnings Wall St rattled by China virus worries, mixed earnings

Investors were also on the sidelines ahead of the Federal Reserve's statement later in the day from its policy meeting. The S&P 500 ended the day up 0.3%, while the Nasdaq gained 0.26%. The central bank lowered its key interest rate three times past ...

FCA 'looking into' sterling rise before BoE rate announcement FCA 'looking into' sterling rise before BoE rate announcement

The pound spiked following the announcement - Mark Carney's last as Bank of England governor - and climbed by more than 0.4% against the dollar ( GBPUSD=X ). Some modest tightening might be needed, though, if the economy recovers as forecast. "Thin...

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