Monday September 21-st, 2020

Dollar pressured by Fed rate cut expectations Dollar pressured by Fed rate cut expectations

Apart from that report from IHS Markit, little evidence has yet to emerge of the virus denting USA growth, although economists have begun predicting it will. Nearly 2,700 people have died in China and its economy has been paralysed by lockdown meas...

Bank of Montreal : Posts Profit Rise Bank of Montreal : Posts Profit Rise

The unit had always been the weakest link for the Toronto-based lender, with growth in quarterly profit only once in the past two years. That trend continued in the fiscal first quarter, with margins of 3.34 per cent, the lowest since 2010.

Coronavirus: 10 victims in Italy - English Coronavirus: 10 victims in Italy - English

Mark's Square. At the border, officials denied entry to a train from Venice to Munich on February 23 in fear that the two passengers may be infected with the deadly virus. In Casalpusterlengo, the Lidl grocery store was allowing shoppers to enter in ...

Travel giant Expedia to cut 3,000 jobs Travel giant Expedia to cut 3,000 jobs

In addition to eliminating 12% of its workforce, the company will also cut costs by ending unspecified projects and reducing its use of contractors and vendors, a spokesperson said. "I am confident that simplifying our business and clarifying our foc...

Trump says Pelosi trying to create 'panic' with coronavirus comments Trump says Pelosi trying to create 'panic' with coronavirus comments

Administration officials have been privately weighing imposing additional travel bans similar to the one the U.S. has already imposed with regard to foreigners who have been in China , a senior administration official and sources close to the White ...

Bank of Canada Developing Prototype Digital Currency Bank of Canada Developing Prototype Digital Currency

One of the country's top central bankers says the Bank of Canada is going to start the work to build its own digital currency as a backstop should the day arise where cryptocurrency dethrone cash as king. The Bank for International Settlements has ...

South Korea confirms 161 new coronavirus cases, total reaches 763 South Korea confirms 161 new coronavirus cases, total reaches 763

China reported 508 new cases and another 71 deaths, 68 of them in the central city of Wuhan , where the epidemic began in December. Another 161 infections and two more deaths were reported in South Korea on Monday, bringing the total cases to mo...

JP Morgan: Digital Money Foundation laid, Blockchain in banking years away JP Morgan: Digital Money Foundation laid, Blockchain in banking years away

JPMorgan analysts published a report in 2019 where they comprehensively analyzed Blockchain and the most important events, processes and trends experienced by cryptocurrencies. Stablecoins, both corporate and state-backed (CBDCs) are also in the sp...

Disney+ launches discounted annual subscriptions for European users Disney+ launches discounted annual subscriptions for European users

Ahead of the European launch, Disney + is now offering a sweet little offer for those who are ready to pre-order the new service. However, there remains question marks over whether the platform will air The Simpsons . The slate of Disney + Origi...

German business morale inches up despite fears about the novel coronavirus outbreak German business morale inches up despite fears about the novel coronavirus outbreak

The monthly ifo Business Climate Index, which reflects the economic sentiment of around 9,000 German companies, rose to 96.1 points from adjusted value of 96.0 points in January, according to the Munich-based institute. The Ifo index for export expec...

Report says Intuit nearing $7 billion deal for Credit Karma Report says Intuit nearing $7 billion deal for Credit Karma

Founded in 2007, Credit Karma offers a range of financial services including credit monitoring, free access to credit scores , data-breach alerts and tax-filing services. In return for its services, Credit Karma charges users through data and ads,...

The latest on the coronavirus spreading in China and beyond The latest on the coronavirus spreading in China and beyond

Fears of a coronavirus pandemic grew after sharp rises in new instances reported in Iran, Italy and South Korea , though China relaxed restrictions on motion in a number of locations together with Beijing as its charges of recent infections ease...

Gold soars to seven-year high as virus triggers flight to safety Gold soars to seven-year high as virus triggers flight to safety

The sharp spike in infections in Italy and Iran, with South Korea raising its infectious disease alert to its highest level has made investors jittery as whether the virus can be successfully contained. Global bullion prices have risen since stock ...

Teck Resources withdraws application for new oil sands mine | Venture Teck Resources withdraws application for new oil sands mine | Venture

The Western premier said the company had confirmed recently that the project was economically viable, meaning something changed very recently. (The C.D. On high of these challenges, Frontier required greater costs, expanded pipeline capability and ...

UAE economy grew at 2.9% in 2019, says central bank UAE economy grew at 2.9% in 2019, says central bank

The Central Bank attributed the "significant growth" in the hydrocarbon sector to the two-digit growth in the sector's condensates and natural gas production. The economy grew 1.3 per cent in Q4 2019, moderating compared to the previous quarter, on t...

Privacy watchdogs to probe Clearview AI's facial-recognition technology Privacy watchdogs to probe Clearview AI's facial-recognition technology

The investigation was initiated as a effect of media experiences that "raised queries and fears about no matter if the firm is gathering and making use of own info with out consent", said a joint statement from the commissioners' offices.

Longtime Retail CEO Les Wexner to Step Down Longtime Retail CEO Les Wexner to Step Down

L Brands will retain a 45 percent stake in the brand, which means the company is valuated at $1.1 billion. According to the L Brands announcement, Wexner will step down when the deal is completed but remain on the board as chairman emeritus.

Costco to ban non-members from food court Costco to ban non-members from food court

You can join today. "Do not forget to see our membership counter for information". Instagram account @ CostcoDeals posted a photo of the sign recently, and garnered mixed reactions from followers. Those who wish to dine-in may be required to pay t...

Coronavirus: Car sales in China fall 92% in February Coronavirus: Car sales in China fall 92% in February

China is the world's biggest vehicle market, selling just over 21 million cars past year, according to Statista. To stabilize the market, where more than 25 million vehicles were sold previous year, China's commerce ministry said it will introdu...

Over 5 million children's water bottles recalled due to choking hazard Over 5 million children's water bottles recalled due to choking hazard

Some of the parts include replacement parts provided in an August 2019 recall of the product as well. On Wednesday, the United States Consumer Product Safety Commission reported that the company had not only re-announced the recall of almost 6 mill...

McDonald’s selling limited-edition set of scented candles McDonald’s selling limited-edition set of scented candles

McDonald's is set to release perhaps the most talked-about product to hit the candle industry since Serenity by January. You can burn them individually, or all at the moment for the ultimate aroma encounter. "Things that go hand in hand", the prod...

Google sued for collecting personal data of school children Google sued for collecting personal data of school children

The Google Education program provides a kind of loophole, but it must abide by the same laws. Google is facing a new lawsuit for allegedly using its Google for Education platform to gather the personal and private data from students under the age o...

Trump Administration Releases 2020 Economic Report of the President Trump Administration Releases 2020 Economic Report of the President

NOW, best jobs numbers. Had to rebuild our military , which was totally depleted. Had the Fed not increased interest rates 8X from the end of Y 2016 to the end of Y 2018, growth would have easily exceeded 3%. The CEA report , an annual exercise tha...

Powerball numbers: Did you win Saturday’s $60 million jackpot? Powerball numbers: Did you win Saturday’s $60 million jackpot?

In the event of any discrepancy between this information and the official information of the Western Canadian Lottery Corporation, the latter shall prevail . To get breaking news first and the draw results on your phone download thesouthafrican.com's...

Ryanair denies O'Leary called for racial profiling of Muslims at airports Ryanair denies O'Leary called for racial profiling of Muslims at airports

In response, several charity organizations and government bodies have spoken out against the comments . "And if someone decides they don't want to fly for a period of time we will say, 'Fine, you can offload yourself and we will refund you.' Tha...

IN CASE YOU MISSED IT