Wednesday January 26-th, 2022

Wall Street down after worldwide slide; with gold at record high Wall Street down after worldwide slide; with gold at record high

Major stock indexes on Wall Street fell on Friday night, according to CNBC News . "While investors welcomed recent progress made by health-care companies in the struggle against the pandemic, majority are becoming increasingly anxious that the...

Australia, facing 'harsh reality' of pandemic, braces for biggest postwar deficit Australia, facing 'harsh reality' of pandemic, braces for biggest postwar deficit

Australia warned on Thursday that its economy will shrink at its fastest pace in history during the second quarter, while the budget deficit will be the biggest since the Second World War as the country battles to contain the impact of the coronaviru...

McDonald's to require masks in U.S. amid COVID-19 pandemic McDonald's to require masks in U.S. amid COVID-19 pandemic

Rather, McDonald's Canada said patrons are being encouraged to don a face mask at its locations. A recent union survey of 4,187 McDonald's employees found that 44% said they'd been verbally or physically assaulted when dealing with customers not wear...

Ann Taylor, Loft and Justice stores in Canada to close Ann Taylor, Loft and Justice stores in Canada to close

Ascena Retail Group Inc., which operates almost 3,000 stores mostly at malls, had been dragged down by debt and weak sales for years. Ascena said it plans to "strategically reduce" its footprint with the closing of a significant number of Justice ...

Alexa will soon be able to launch iPhone and Android apps Alexa will soon be able to launch iPhone and Android apps

If this sounds familiar, it's because the Google Assistant already has this sort of functionality. Washington D.C. [USA], July 22 (ANI): Amazon is now working on a new feature for its voice assistant service Alexa which will allow the software ...

Gold Tops $1,900 as Veteran Mobius Says Buy Now and Keep Buying Gold Tops $1,900 as Veteran Mobius Says Buy Now and Keep Buying

Gold prices in Pakistan skyrocketed to a whopping Rs117,300, touching a new all-time high as the precious metal continued its rallying both here and in global markets. "The mines that are open are benefiting but the country is not benefiting that mu...

Eurozone business growth turns positive, says IHS Markit Eurozone business growth turns positive, says IHS Markit

The July score was higher than the market forecast of 52.0. A reading above 50 indicates expansion. But while the rise in activity came as an easing of coronavirus restrictions allowed many businesses to reopen, there were also reports that initial...

BMW X7 Dark Shadow Edition unveiled BMW X7 Dark Shadow Edition unveiled

Based on the top-spec X7 M50i, Dark Shadow Edition cars use the same twin-turbo 4.4-litre V8 petrol engine, which produces 523bhp and 553lb ft, and is paired with an eight-speed automatic gearbox. In the cabin, there's leather in a black and blue sch...

Unemployment Claims Increase as 1.4 Million People File for Benefits Unemployment Claims Increase as 1.4 Million People File for Benefits

That is a decrease of 51.6 percent over the week before. Another 975,000 were first-time applicants to the Pandemic Unemployment Assistance (PUA), which was established to provide unemployment benefits to gig workers and the self-employed.

Hong Kong stocks end week lower as Sino-US tensions escalate Hong Kong stocks end week lower as Sino-US tensions escalate

Index heavyweight Tencent dropped 5.2%, Alibaba fell 3.1%, while Meituan Dianping tumbled 4.2%. Tech stocks could end up absorbing a significant part of the impact, "especially if the White House stops giving United States corporations a free pass ...

FT: US stimulus delayed as Republican talks fall into disarray

But this package has been delayed repeatedly, and though both sides are committed to passing a stimulus package that includes direct payments, three-way negotiations between Democrats, Republicans , and the White House are complex. "Period. Any ...

Banks' Bad Debt To Rise Sharply Amid COVID-19 Pandemic: RBI Report Banks' Bad Debt To Rise Sharply Amid COVID-19 Pandemic: RBI Report

On the other hand, the infrastructure sector (with a share of 36.2 per cent in bank credit to the industrial sector), basic metals and electricity (17.5 per cent) have shown a perceptible decline in GNPA ratios, the RBI said. Referring to the sharp r...

United Airlines to require customers to wear masks in airports

United cut more capacity than rivals such as Delta Air Lines Inc. and American Airlines Group Inc.in response to the collapse in travel demand during the spring, and said it's faring better in matching current supply with those still prepared to fly....

Steve Wozniak suing YouTube over Bitcoin scams Steve Wozniak suing YouTube over Bitcoin scams

Fake Bitcoin giveaways are a growing threat in the cryptocurrency industry. Wozniak's history as a co-founder of one of the world's leading tech companies and beloved reputation within the tech and philanthropic worlds gives his name and likeness...

FAA orders emergency inspections of idle Boeing 737s FAA orders emergency inspections of idle Boeing 737s

If this valve opens normally at takeoff power, it may become stuck in the open position during flight and fail to close when power is reduced at top of descent, resulting in an unrecoverable compressor stall and the inability to restart the engine".

Gold Nears $1,900 as Veteran Mobius Says Keep Buying Gold Nears $1,900 as Veteran Mobius Says Keep Buying

Experts attribute this hike to uncertainty created by the coronavirus pandemic. Increasing signs that the prolonged pandemic is stalling an economic recovery and the recent spat between China and the USA are underpinning bullion's appeal.

Oil prices turn negative on US-China tensions, corona cases Oil prices turn negative on US-China tensions, corona cases

Brent futures fell 98 US cents, or 2.2 per cent, to settle at $US43.31 a barrel, while US West Texas Intermediate ( WTI ) crude fell 83 US cents, or 2.0 per cent, to settle at $US41.07. Barclays Commodities Research said oil prices could see a cor...

NJ Starbucks Barista Arrested for Bragging About Spitting in Officers’ Drinks NJ Starbucks Barista Arrested for Bragging About Spitting in Officers’ Drinks

Trejo has been charged with subjecting law enforcement officers to bodily fluids, tampering with a cup of coffee and creating a hazardous environment. "We will continue to support Park Ridge Police in support of their investigation and have a deep re...

Ant Group unveils new blockchain brand Ant Group unveils new blockchain brand

But it surely seems {that a} distributed ledger is just not excellent for each new software. "They retain central entities that control the data, doing away with the central innovation of blockchains". Finally, the solution is portable, so it can be ...

Coca-Cola Revenue Tumbles As Lockdowns Hammer Soft Drink Sales Coca-Cola Revenue Tumbles As Lockdowns Hammer Soft Drink Sales

The Coca-Cola Company today reported second quarter 2020 results and provided an update on strategic actions that are positioning the system to emerge stronger from the ongoing coronavirus pandemic. For example, California has banned indoor dini...

Tesla Cybertruck factory’s potential site in Austin, Texas glimpsed on video Tesla Cybertruck factory’s potential site in Austin, Texas glimpsed on video

The Nasdaq-listed firm posted net income of $104mln from April to June, 2020, or $0.50 per share, marking the first time the company has posted a profit for four straight quarters. It has a factory in Shanghai, China , and is building a new manufac...

South Korea Drops Into Recession As Exports Plunge To 1963 Levels South Korea Drops Into Recession As Exports Plunge To 1963 Levels

Asia's fourth-largest economy saw gross domestic product ( GDP ) fall by a worse-than-expected 2.9% in year-on-year terms, the steepest decline since 1998. The latter is still grappling with the pandemic while China cut imports 3.3% in the first ha...

Stocks Drop on U.S.-China Worries; Dollar Weakens: Markets Wrap Stocks Drop on U.S.-China Worries; Dollar Weakens: Markets Wrap

Futures for the S&P 500 gained 7.52 points, or 0.2%, at 3,272.75. American Express dropped in pre-market trading after missing revenue estimates. But the current size of the Republican plan under discussion is US$1 trillion (RM4.3 trillion), well...

Refreshed Mini JCW Countryman revealed, confirmed for SA launch Refreshed Mini JCW Countryman revealed, confirmed for SA launch

The changes are small but effective - there's a red slash through the grille instead of an outline and new LED lights front and rear. The central instrument panel, meanwhile, gains high-gloss Piano Black surfaces for its bezel and touch-sensitive con...

Friends share jackpot, keeping 1992 promise Friends share jackpot, keeping 1992 promise

Thomas Cook was able to call Joseph Feeney, an avid fisherman, and announce that the ticket he bought at Synergy Coop in Menomonie for the June 10 drawing was the $22 million jackpot victor. The pair said they're looking forward to some traveling. ...

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