Friday September 25-th, 2020

Qantas CEO forgoes salary as airline grounds planes Qantas CEO forgoes salary as airline grounds planes

The US is the next-most affected destination - a 19 per cent cut. The boss of Qantas will work for free for the remainder of the financial year as part of cost cutting measures the airline is putting in place to ride out the impact coronavirus is h...

A Status Yellow rainfall warning has been issued for Clare A Status Yellow rainfall warning has been issued for Clare

Areas already hit by flooding in February, including Builth Wells and Newtown in mid Wales, are among those expected to be worst hit, with flooding likely to cause damage to homes and businesses. Similarly, a yellow warning for rain and potential flo...

Petrol, diesel prices cut across major cities Petrol, diesel prices cut across major cities

The lowered rates are a result of falling global crude oil prices. Based on the industry estimates, auto fuel prices may see a cut of another Rs 9-13 per litre over a fortnight if the global prices remain at the same level. Saudi Arabia and Russi...

Worker infected with coronavirus prompts Facebook to close Seattle office Worker infected with coronavirus prompts Facebook to close Seattle office

Facebook has shut its Seattle office until March 9 after one of its contractors tested positive for COVID-19, suggesting all its employees to work from home for the rest of the month. Of the 11 people killed by the virus in the United States so far,...

NY's coronavirus caseload rises; the state also has its own hand sanitizer NY's coronavirus caseload rises; the state also has its own hand sanitizer

Governor Cuomo said he has at least seven private laboratories that could begin to analyze and identify more positive coronavirus patients immediately. Cuomo boasted that the new sanitizer is superior to other products on the market to its 75% al...

OPEC countries lose $500 million a day in oil price crash OPEC countries lose $500 million a day in oil price crash

He continued that Monday first by highlighting tumbling gas prices - spurred by Saudi Arabia's decision to slash oil exports by 10 percent over the weekend and crude oil falling more than 20 percent - which he said were " good for the consume...

Two-legged pup named Lieutenant Dan is a finalist for Cadbury Bunny Two-legged pup named Lieutenant Dan is a finalist for Cadbury Bunny

Every year, in the lead up to Easter, hundreds of pet owners in America put their animals forward to be considered for the Cadbury Bunny. There is still one week left of voting and the judges are expected to decide the victor based on three essential...

Facebook is being sued by Australian information watchdog over data breach Facebook is being sued by Australian information watchdog over data breach

In the previous cases, the data exposed included users' names, dates of birth, email addresses, locations, friends lists, pages like, and in some cases, direct access to their private messages and timelines. "Facebook failed to take reasonable steps ...

Italy Shuts Down Lombardy Region Amid Coronavirus Outbreak Italy Shuts Down Lombardy Region Amid Coronavirus Outbreak

Global oil prices suffered their worst percentage losses since the start of the 1991 Gulf War, and USA stocks dropped so quickly in the first few minutes after markets opened that it triggered a 15-minute halt in trading. "This is why we will adopt e...

Aon to buy Willis Towers Watson in $30bn deal Aon to buy Willis Towers Watson in $30bn deal

First mooted a year ago, the deal creates a combined company that will overtake market leader Marsh & McLennan in value. FOX Business' Stuart Varney discusses the stock market selloff amid coronavirus and oil concerns. Now confirmed, Aon explained ...

Chief of NY Port Authority Has Coronavirus Chief of NY Port Authority Has Coronavirus

Start the day smarter. It's important to note Washington state has reported just three deaths from the new coronavirus that weren't tied to the nursing home. As of Monday morning, the number of positive cases in NY jumped from 105 on Sunday to 142 ...

Dow drops 1,500 points as oil price plunge shocks markets Dow drops 1,500 points as oil price plunge shocks markets

That, along with the coronavirus , led to weakness in markets , and liquidity risk may exacerbate the decline in the USA equity index. The Associated Press wrote on Twitter, "Trading temporarily halted on Wall Street as oil price plunge and cor...

Gas prices will fall ‘like a rock,’ petroleum expert says Gas prices will fall ‘like a rock,’ petroleum expert says

The average price for a gallon of gas is down nationwide as well, falling six cents to $2.38. "The national average came into March like a lamb and will likely be leaving as a lion, with prices roaring lower". The average price of premium gas is $3.0...

Jack Dorsey enters truce with Twitter board, keeps his role as CEO Jack Dorsey enters truce with Twitter board, keeps his role as CEO

Dorsey will keep his job and Twitter today announced that investment firm Silver Lake , will make a $ 1 billion investment in the social media platform. "We invested in Twitter because we see a significant opportunity for value creation at the...

Russian Ruble Plummets Amid Oil Market Chaos Russian Ruble Plummets Amid Oil Market Chaos

The world's faltering effort to contain the coronavirus outbreak hammered stocks and crude oil on Sunday, as new cases surfacing across the us amplified fears of a global downturn. "The oil market is now faced with two highly uncertain bearish shoc...

Sensex falls 1,500 points on global rout amid coronavirus scare Sensex falls 1,500 points on global rout amid coronavirus scare

At 1:15 pm, the BSE S&P Sensex was down by 2,345 points or 6.24 per cent to 35,231 while the Nifty 50 plunged by 632 points or 5.75 per cent at 10,357. Yes Bank stock on Monday gained almost 25 per cent as State Bank of India (SBI) is in preparati...

Rishi Sunak set to scrap unpopular tax on sanitary products Rishi Sunak set to scrap unpopular tax on sanitary products

As of 1 January 2021, the United Kingdom government will no longer be legally bound by the European Union law which classifies sanitary products as luxury no-essentials, and so subject to a goods and services tax. Women's Resource Centre (WRC) chief ...

India's Yes Bank founder arrested on money laundering allegations India's Yes Bank founder arrested on money laundering allegations

He was taken to the ED office for questioning on Saturday. In addition to the above, Yes Bank also sanctioned a loan of Rs 750 crore to RKW Developers Pvt Ltd whose Director is Dheeraj Wadhawan and is a DHFL group company for their Bandra recla...

U.S. dollar declines amid expectations for further rate cuts U.S. dollar declines amid expectations for further rate cuts

With cases of the illness surpassing 100,000 globally, and stock prices continuing their slide, prices of futures contracts tied to the Fed's key overnight lending rate reflected better-than-even bets the central bank will push its target rate down t...

Coronavirus: Uber says drivers diagnosed with COVID-19 will receive compensation Coronavirus: Uber says drivers diagnosed with COVID-19 will receive compensation

DoorDash and Instacart are exploring options, the firms said on Sunday in separate statements. Warner laid out a couple of ideas. Amazon has actually informed its agreement Flex drivers, which supply the shopping business's plans, to stay home if t...

Several Companies Suspend Use Of Reusable Cups Due To COVID-19 Several Companies Suspend Use Of Reusable Cups Due To COVID-19

Roughly $16-million in prizes will be available through the digital contest, a slight increase from previous plans since bigger prizes that were hidden in cups - such as cars, televisions and gift cards - have been transferred to the digital platform...

Wildhorse Casino announces closure due to Covid-19 case Wildhorse Casino announces closure due to Covid-19 case

An Oregon casino and resort announced it is temporarily closing after learning that one of its employees is a "presumptive positive" for coronavirus. Like the two other cases of COVID-19 in OR - which were both from Washington County - the Umatil...

Tesla is authorized to produce the long-range Model 3 in China factory Tesla is authorized to produce the long-range Model 3 in China factory

Tesla began delivering vehicles out of Shanghai in December. San Francisco: In a bid to take on Electric Vehicle (EV) maker Tesla, the largest automaker in the US General Motors (GM) is mulling to spend $20 billion and showcasing roughly a doze...

Apple Asks Silicon Valley Employees to Work From Home as Coronavirus Spreads Apple Asks Silicon Valley Employees to Work From Home as Coronavirus Spreads

The reason is that many Apple divisions will struggle if their employees were to work from home permanently. Authorities have previously asked large companies to consider allowing employees to go to telecommute to limit close communication.

United Kingdom government has spent £4.4bn on planning for Brexit

Mr Barnier said that would have "grave" repercussions on the level of ambition of the joint fight against terrorism and data transfers between the European Union and United Kingdom and urged Britain's negotiator David Frost to reconsider, saying it w...

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