Wednesday January 26-th, 2022

Twitter announces employees can work from home permanently Twitter announces employees can work from home permanently

As such, some are wondering if it's possible to continue working from home even after physical offices reopen. "On May 4th we confirmed that when restrictions lift, working from home will remain optional through October unless employees are in an e...

Jaguars QB Gardner Minshew, four teammates on COVID-19 list Jaguars QB Gardner Minshew, four teammates on COVID-19 list

Along with his stellar numbers, Minshew instantly became a fan-favorite with his cut-off jean shorts, headband, and legendary mustache. Clubs are not permitted to comment on a player's medical status other than referring to roster status.

LSEG mulls sale of Milan bourse LSEG mulls sale of Milan bourse

The European Commission (EC) is now conducting an extensive review while the Singapore regulator also announced its own probe in early July. LSE has owned Borsa Italiana since 2007. "We want to evaluate whether there are potential benefits of keeping...

Australia unveils law forcing Google and Facebook to pay for news content Australia unveils law forcing Google and Facebook to pay for news content

The draft code outlines bargaining arrangements between tech companies and commercial media outlets to determine an agreed-upon payment, as well as minimum standards relating to the presentation of news and a penalty regime for companies that breac...

Debate begins for who's first in line for COVID-19 vaccine Debate begins for who's first in line for COVID-19 vaccine

Barouch from Beth Israel Deaconess Medical Center (BIDMC) in the US. Earlier this week, the committee asked the Serum Institute to make a revised protocol for the clinical trial of the vaccine. "We felt, there (is) a time in life when companies nee...

Kandi's $20000 electric vehicle is the cheapest the U.S. has seen Kandi's $20000 electric vehicle is the cheapest the U.S. has seen

Kandi shares, which opened at $3.88 a share on Wednesday, jumped to $16.51 earlier today . The two first models - K27 and K23 will be available for pre-order with a fully-refundable $100 deposit, although you have to know that the "initial focu...

Apple briefly overtakes Saudi Aramco as world's most valuable company Apple briefly overtakes Saudi Aramco as world's most valuable company

With that market cap, Apple toppled Saudi Aramco as the most valuable publicly traded company on the planet. Saudi Aramco , which had been the most valuable publicly listed company since going public a year ago, had a market capitalisation of ...

Credit Suisse to merge investment banking units; second quarter profit beats Credit Suisse to merge investment banking units; second quarter profit beats

It hopes to achieve cost savings of about 400 million francs annually starting in 2022, money to be reinvested in growth initiatives, as the company said. The new "energy and infrastructure" group will be led by company veteran Tom Greenberg, who co-...

Nasdaq surges on megacap earnings Nasdaq surges on megacap earnings

The strong share price performance came in the same week top executives from these and other tech giants were pressed by U.S. lawmakers about the darker practices that have helped them to dominate their industries. Despite the gains, caution was clea...

Heathrow Airport warns of Heathrow Airport warns of "quarantine roulette"

While he conceded that was not cheap, he said consumers and business travelers would be prepared to pay, and it would help Britain protect its aviation industry, which has already announced over 20,000 job cuts, and facilitate trade. Heathrow said it...

NatWest swings into the red after £2.9bn hit from Covid NatWest swings into the red after £2.9bn hit from Covid

On a positive note the Markets business, which has a chequered history and which the bank is in the process of scaling back, had a blowout quarter lifting its half year revenues by 44% even after credit write-downs. 'However, NatWest has a robust c...

IAG Share Price: BA owner to raise $3.3 billion after record losses IAG Share Price: BA owner to raise $3.3 billion after record losses

Chief executive Willie Walsh said: "The industry will recover from this crisis, though we do not expect this to be before 2023, and there will be opportunities for IAG to capitalise on its strength and leadership positions". The plan will be put ...

Govt increases petrol price by Rs3.86, diesel by Rs5 for August Govt increases petrol price by Rs3.86, diesel by Rs5 for August

Meanwhile, the new price of Light Diesel is Rs62.86 after an increase of Rs 6.62. This fuel is used in remote areas where LPG is not available for cooking goal. The government is now charging Rs30 per litre petroleum levy (PL) on petrol and diesel,...

TUI to close 166 stores across the United Kingdom and Ireland TUI to close 166 stores across the United Kingdom and Ireland

It plans to move 70 per cent of the 900 affected jobs to a new "home-working sales and service team". About 350 retail stores will remain following the closures. The UK's biggest tour operator, which has a shop in Grantham's High Street, said the "...

United Kingdom jobs go off payrolls amid COVID-19 lockdown United Kingdom jobs go off payrolls amid COVID-19 lockdown

Claims surged nearly a quarter in May from April, the ONS added, while job vacancies tumbled to a record low as economic activity ground to a halt. It says early indicators, based on HMRC's real time PAYE data for May, suggest that the number of em...

Red onions imported from USA likely behind salmonella outbreak, recall issued Red onions imported from USA likely behind salmonella outbreak, recall issued

State officials are urging people not to eat onions from Thomson International, Inc., of Bakersfield, California, after 76 people in 13 OR counties fell ill with matching strains of Salmonella bacteria. These can also have been bought from Sysco on...

Wall Street gains on Big Tech boost; Apple, Facebook hit record high Wall Street gains on Big Tech boost; Apple, Facebook hit record high

Eastern time, and the big gains for tech stocks had the Nasdaq composite up 0.8%. Inc jumped 6.2% after posting the biggest profit in its 26-year history, while Facebook Inc gained 6.7% as it reported better-than-expected revenue. It benefited fr...

France sinks deeper into recession, with 14% GDP hit in 2Q France sinks deeper into recession, with 14% GDP hit in 2Q

Many economists note that the economy can't fully recover until the coronavirus is defeated - a point stressed Wednesday at a news conference by US Federal Reserve Chair Jerome Powell . "This moment has passed, it is true that after resisting (the v...

Queensland will report several instances of COVID-19 now, says health chief Queensland will report several instances of COVID-19 now, says health chief

The aged care worker is the 3rd case of neighborhood transmission connected to the cluster, after among the ladies's siblings evaluated positive previously today. Police Commissioner Katarina Carroll said additional police resources have been put in ...

Eurozone economies declined by record 12.1% in 2nd quarter Eurozone economies declined by record 12.1% in 2nd quarter

Unlike in the United States , many people in France and Europe have kept their jobs despite the lockdown, thanks to a government scheme that subsidised salaries. "This was the sharpest decline since the quarterly GDP calculations for Germany began...

Fed extends swap lines and warns of slowing USA economy Fed extends swap lines and warns of slowing USA economy

Consumer confidence has taken a hit. The Fed reiterated that its commitment to using its full range of tools to support the USA economy and noted that the path of the economy will depend on the course of the coronavirus outbreak. "It's a bit ominou...

Virus-hit Singapore Airlines suffers US$800 mln Q1 loss Virus-hit Singapore Airlines suffers US$800 mln Q1 loss

Earnings from cargo flights were not enough to offset the massive decline in passenger numbers, and group revenue plunged 79.3 percent year-on-year, it said. The airline said it has reached an agreement with Airbus on adjusting aircraft deliveries an...

Amazon profit tops estimates despite COVID-19 expense Amazon profit tops estimates despite COVID-19 expense

Some analysts continued to anticipate Amazon benefiting from the ongoing coronavirus pandemic, which has confined millions in the US and overseas to stay at home to avoid spreading COVID-19, prompting more e-commerce orders and in-home entertainmen...

Mercedes-Benz T-Class Mercedes-Benz T-Class

As seen here in a teaser, the T-Class compact van will arrive in the first half of 2022, but we could expect to see it in the concept guise before that. The company said that the vehicle will be undoubtedly a Mercedes-Benz, too, bearing the brand's D...

James Murdoch resigns from News Corp board, citing editorial disagreements James Murdoch resigns from News Corp board, citing editorial disagreements

News Corp's brands include the Dow Jones - the parent company of the Wall Street Journal , Barron's and MarketWatch - as well as the New York Post , Storyful and Australian publications the Australian, the Daily Telegraph , the Sunday Telegraph, a...

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