Friday January 28-th, 2022

Why Aurora Cannabis Stock Is Skyrocketing Today Why Aurora Cannabis Stock Is Skyrocketing Today

The transaction is subject to closing conditions, but is expected to be complete by June. "With the assistance of Aurora, we believe enhancements to Reliva's innovation, consumer insights and marketing systems will allow our portfolio of hemp-deriv...

HK society voices support for national security legislation for HKSAR HK society voices support for national security legislation for HKSAR

Now, China appears to be sidestepping Hong Kong's lawmaking body to enact the legislation. Now, new legislation is in the works that promises to make that crisis much worse. In Washington, where President Donald Trump and his top national secur...

Senate Passes Bill to Increase Oversight of Chinese Firms on US Exchanges Senate Passes Bill to Increase Oversight of Chinese Firms on US Exchanges

A recent scandal involving Luckin Coffee, China's version of Starbucks, which fabricated millions worth of sales a year ago, provided USA legislators with the impetus to tighten regulation of foreign companies listing in the U.S. The A-share market...

Trudeau says he is concerned by China’s Hong Kong security law Trudeau says he is concerned by China’s Hong Kong security law

It is also a way for China to send a message to the United States, which is debating whether to continue granting Hong Kong special trade status under the Hong Kong Human Rights and Democracy Act , passed a year ago to pressure Beijing into respecti...

Ford shuts two U.S. assembly plants due to COVID-19 infections Ford shuts two U.S. assembly plants due to COVID-19 infections

Ford spokeswoman Kelli Felker added that its Chicago assembly plant was also closed due to a parts shortage. Ford declined to say which supplier had the issue, but a person familiar with the matter told Reuters that Lear Corp had closed a plan...

Marston's and Carlsberg UK announce £780m merger Marston's and Carlsberg UK announce £780m merger

Cees 't Hart, the chief executive of Carlsberg, said the new venture is "a step forward" for the brewer, which recently spent £20 million on a marketing campaign to advertise its new flagship beer. Tomasz Blawat, MD of Carlsberg UK, said: "We are exc...

Facebook Wants Remote Working to Become Permanent Facebook Wants Remote Working to Become Permanent

Facebook , which has already said it will stick to plans to hire 10,000 engineers and product employees this year, will also build three new "hubs" in Atlanta, Dallas and Denver where remote workers in those areas could occasionally meet.

Shopify announces post-office model, most staff to permanently work from home Shopify announces post-office model, most staff to permanently work from home

Ottawa-based Shopify, which briefly became Canada's most valuable company earlier this month, had more than 5,000 employees and contractors worldwide as of December. Shopify becomes the first major Canadian company to allow staff to work from home pe...

April's unemployment rate leaps to 10.2% in Arkansas

A month ago, Arkansas' jobless rate had risen to 4.8%, but today's release revised March unemployment to 5.0% as new data filled in previous gaps. Iowa's April 2019 rate was 2.7 percent. Trade, transportation, and utilities: a loss of 112,700 jobs,...

DeSantis Erupts Over Media’s Prediction of Florida Catastrophe — BEASTMODE DeSantis Erupts Over Media’s Prediction of Florida Catastrophe — BEASTMODE

An analysis of the state's most current data shows Florida has had roughly 2,100 deaths related to Covid-19 so far, far fewer than NY. Despite having similar size populations, the difference in coronavirus deaths between NY and Florida is stark.

Swiggy, Zomato Start Home Delivery of Alcohol in Ranchi Swiggy, Zomato Start Home Delivery of Alcohol in Ranchi

The company originally planned to launch the service in India a year ago, which it then moved to March but pushed it further amid the nationwide stay-at-home order the Indian government issued in late March. Earlier this year, Zomato had acquired t...

India central bank slashes rates, warns of contraction India central bank slashes rates, warns of contraction

Loan moratorium extended for 3 months. It is being speculated that with the extension of the lockdown till May 31, the moratorium will be extended for a period of another three months. On April 17, the central bank announced Targeted Long-Term Repo O...

Lufthansa warns of urgent need for bailout as talks drag on Lufthansa warns of urgent need for bailout as talks drag on

On top of the state shareholding, Lufthansa is set to receive a three-billion-euro ($3.3 billion) loan from state investment bank KfW to tide it over the collapse in revenues while around 90 percent of its fleet is grounded. Such a move would also gi...

Facebook's Mark Zuckerberg embraces remote work beyond Silicon Valley Facebook's Mark Zuckerberg embraces remote work beyond Silicon Valley

Quizzed about Facebook's approach to misinformation during the current coronavirus pandemic , he said the company would remove content that would result in "immediate harm" to any user. On Thursday, Mark Zuckerberg predicted that within a decade...

China skips growth target due to virus, a first in years China skips growth target due to virus, a first in years

China , meanwhile, said it will expand this year's military spending by 6.6 percent from last year to 1.27 trillion yuan. Ahead of the National People's Congress, the weeklong meeting of the largely rubber-stamp parliament, China's top leaders have...

Inflation falls below zero in Canada for first time since 2009 Inflation falls below zero in Canada for first time since 2009

The Consumer Prices Index (CPI) annual rate slumped to 0.8% last month from 1.5% in March, the Office for National Statistics said in a statement. "Increases were recorded in all COICOP (Classification of Individual Consumption by Purpose) divisi...

RBI cuts interest rates, says inflation outlook uncertain, GDP growth negative RBI cuts interest rates, says inflation outlook uncertain, GDP growth negative

Das said the world economy is headed into a recession. Today's trials will be traumatic but together we will triumph, says Das. There is a widespread expectation that the governor may announce an extension of the loan moratorium for term loans for ...

McConnell: Dems Trying to ‘Incentivize’ Unemployment in Latest Coronavirus Relief Bill McConnell: Dems Trying to ‘Incentivize’ Unemployment in Latest Coronavirus Relief Bill

House Speaker Nancy Pelosi, D-Calif., shot back: "We have the Heroes bill", she said about the latest House-passed aid measure. House Democrats passed the Raise the Wage Act in 2019, which would have raised the federal minimum wage to $15 per hou...

Another 2.4 Million People Filed for Unemployment Last Week Another 2.4 Million People Filed for Unemployment Last Week

Even as an increasing number of states began reopening their economies across the country, the COVID-19 pandemic continued to wreak havoc on employment in the USA last week. Continuing claims, which lags initial jobless claims data by one week, total...

Britain borrows at negative interest rate for first time Britain borrows at negative interest rate for first time

The Debt Management Office (DMO) confirmed the United Kingdom sold £3.8 billion of three-year gilts at a yield of minus 0.003% - the first time ever below zero for a longer term United Kingdom government bond. Negative interest rates potentially chal...

Trump blames China's 'incompetence' for global coronavirus death toll Trump blames China's 'incompetence' for global coronavirus death toll

Regarding Trump's letter to WHO Director-General Tedros Adhanom Ghebreyesus, he said the USA should focus on beating the coronavirus rather than "give an ultimatum to the organization that leads [the] global epidemic response". After initially prai...

Costco customer kicked out for not wearing mask in store Costco customer kicked out for not wearing mask in store

Calling himself a 'speak-out, public villain, ' and appearing shirtless in the footage, he insists, 'I've got every f--g right to not wear a mask '. "You need to leave, thank you very much". "This is not simply a matter of personal choice; a face co...

New US jobless claims slow to 2.43 million in latest week New US jobless claims slow to 2.43 million in latest week

Continuing claims (which lag behind initial jobless claims data by one week) are anticipated to total 23.5 million for the week ending May 9, after a record 22.83 million in the previous week. "This number of new claims alone is about equal to the po...

Chancellor Rishi Sunak warns of economic 'scarring' from coronavirus Chancellor Rishi Sunak warns of economic 'scarring' from coronavirus

Mr Sunak said the length and depth of that recession depends on how much longer the United Kingdom is in lockdown for. In a downbeat assessment of the country's economic prospects after a sharp rise in unemployment benefit claims, the chancellor wa...

China rebuts Trump accusation of coronavirus 'mass killing' China rebuts Trump accusation of coronavirus 'mass killing'

But China's foreign ministry spokesman Zhao Lijian accused Trump of trying to make the World Health Organization a scapegoat over his "incompetent response" to the pandemic. "As the pandemic is still spreading in the U.S. and many other places in t...

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