Friday January 28-th, 2022

Morning scene shows Beirut port in ruins after massive explosion Morning scene shows Beirut port in ruins after massive explosion

Buildings up to 15 miles away were damaged by the explosion, which experts say was felt as far away as Cyprus, more than 180 miles across the Mediterranean. An undated photo appears to show bags of ammonium nitrate stored inside a warehouse reportedl...

South Dakotan Dies From Methanol Poisoning In Hand Sanitizer South Dakotan Dies From Methanol Poisoning In Hand Sanitizer

A viral video footage on social media suggested that the the Bernice alcohol based hand sanitizer brand contained a high quantity of acid. The FDA urged Ghanaians to check their websites for all registered hand sanitizers before use or purchase.

Canada's trade deficit reaches $3.2 billion Canada's trade deficit reaches $3.2 billion

The US$4.1 billion decline in the trade gap from May came from a 9.4 per cent jump in exports of goods and services, the largest on record, while imports rose just 4.7 per cent, the Commerce Department reported. Imports of motor vehicles and parts ju...

USA private sector adds 167,000 jobs in July vs. 1.5 million expected USA private sector adds 167,000 jobs in July vs. 1.5 million expected

The 167,000 in business payrolls last month followed an upwardly revised 4.31 million increase in June, according to ADP Research Institute data released Wednesday. Other recent job-market indicators "have sort of flat-lined over the past month, an...

Lordstown Motors goes public via merger with DiamondPeak Lordstown Motors goes public via merger with DiamondPeak

The company would thus be valued at around United States dollars 1.6 billion (EUR 1.36 billion). Lordstown Motor now said it is one of the first electric vehicle manufacturers to "acquire a near production-ready plant". Yet GM was quick to shut...

Novavax Covid-19 vaccine results send investors on wild ride Novavax Covid-19 vaccine results send investors on wild ride

The early results , from the phase 1 part of a phase 1/2 study, show that two dose levels of the recombinant vaccine triggered an immune response similar to those in patients who had recovered from the disease. Novavax's reputation got a boost in ea...

Egypt's private economic activity hits 1-year high: PMI Egypt's private economic activity hits 1-year high: PMI

As per the release, the latest reading remains close to the lowest recorded in almost 15 years of data collection, surpassed only by the unprecedented falls in the previous three months. "That is not surprising with lockdown measures still in force"....

Wall Street drifts as stock rally takes a pause; yields drop Wall Street drifts as stock rally takes a pause; yields drop

North American equity markets closed out Tuesday's session higher, with the S&P 500 gaining 0.36 per cent, the Dow Jones Industrial Average rising 0.62 per cent, the Nasdaq Composite Index up 0.35 per cent and the S&P/TSX Composite Index outpacing th...

Virgin Atlantic Declares Bankruptcy Virgin Atlantic Declares Bankruptcy

Virgin's sister airline Virgin Australia filed for protection from creditors in its home country in April. The high-profile Branson had attracted criticism after calling for government help for Virgin Atlantic to survive the downturn. "In the case ...

Oil Prices Drop On Fuel Demand Worries As Coronavirus Flares Up Oil Prices Drop On Fuel Demand Worries As Coronavirus Flares Up

Both worldwide benchmark Brent and US West Texas Intermediate (WTI) were down around one percent, with Brent trading at $43.19 a barrel and WTI at $39.85 a barrel as of 10am GMT. The balance between positive longer-term sentiment and near-term ne...

Clorox wipes shortage might last until 2021 Clorox wipes shortage might last until 2021

In particular, the popular disinfecting wipes made by his company will not be back in full supply until at least next year. "That entire supply chain is stressed". The company has long wanted to be less reliant on its namesake cleaning products, wh...

7-Eleven acquires all Speedway convenience stores for $21B 7-Eleven acquires all Speedway convenience stores for $21B

Seven & i, Canadian convenience store operator Alimentation Couche-Tard and private equity firm TDR Capital had prepared rival bids late last month for Speedway, Reuters reported in July. The most popular gas station in OH and many other parts of the...

Top Federal Reserve official says U.S. needs another lockdown to save economy Top Federal Reserve official says U.S. needs another lockdown to save economy

The U.S. economy could benefit if the nation were to "lock down really hard" for four to six weeks, a top Federal Reserve official said on Sunday, adding that Congress can well afford large sums for coronavirus relief efforts. "The punch line oug...

Amid ADL-led ad boycott, Facebook reports soaring revenues and user numbers Amid ADL-led ad boycott, Facebook reports soaring revenues and user numbers

Facebook also seemed less concerned about an ongoing boycott of its platforms by large advertisers including Coca-Cola, Starbucks , Ford and Microsoft, who have suspended ads on the platform over concerns around its approach to allowing misinformati...

How does the Eat Out to Help Out scheme work? How does the Eat Out to Help Out scheme work?

Anyone visiting a participating restaurant, café or pub on Mondays, Tuesdays and Wednesdays throughout August will receive the half-price discount. The scheme, part of the Chancellor's Plan for Jobs , aims to protect jobs in the hospitality sector...

Virgin seeks to revive supersonic commercial flight -- but faster Virgin seeks to revive supersonic commercial flight -- but faster

Back in 2016, Virgin Galactic founder Richard Branson said his company would assist Boom with engineering, design, manufacturing, flight testing and operations - and would take a purchase option on the first 10 airframes. "We are excited to partn...

Lordstown Motors will go public by merging with DiamondPeak Holdings

The Lordstown deal extends the hot trend of going public via a SPAC in 2020. A bunch of electric vehicle makers including Nikola Corp and Fisker have either gone public or are planning to list their shares through mergers with blank-check compa...

Lord & Taylor, Men's Wearhouse owner file for bankruptcy Lord & Taylor, Men's Wearhouse owner file for bankruptcy

The oldest United States department store filed for Chapter 11 protection in Richmond, Virginia, on Sunday (Aug 2). Lord & Taylor says it's looking for a buyer. Men's Wearhouse and Jos. Tailored Brands said it will implement a restructuring plan ...

UK Businesses Voice Concerns About Leaving EU With No Trade Deal UK Businesses Voice Concerns About Leaving EU With No Trade Deal

Talks with Tokyo started on June 8 and have been ongoing since then, with a "significant breakthrough" taking place yesterday. For years, Brexit supporters have claimed the United Kingdom would secure a free trade deal with the USA, but earlier t...

SpaceX capsule and Nasa crew make 1st splashdown in 45 years SpaceX capsule and Nasa crew make 1st splashdown in 45 years

The astronauts undocked from the space station at 7:30 p.m. EDT Saturday and left Earth orbit at 1:56 p.m. EDT Sunday. The landmark mission, which took off from NASA's Kennedy Space Center on May 31, marked the first time the U.S. Endeavour t...

ShopRite to exit Nigerian market after 15 years ShopRite to exit Nigerian market after 15 years

In a trading update filed at the Johannesburg Stock Exchange (JSE) on Monday morning, the retail giant said it was planning to discontinue its operations in Nigeria. While the company's total sales of merchandise may be on the rise, it is struggling ...

Electrical Business: Toronto and Peel Region being welcomed into Stage 3

More than four months since the implementation of aggressive physical distancing in Ontario because of the COVID-19 pandemic , case counts in the GTA have dropped significantly, and gathering limits have now risen to 100 people in outdoor settings.

Gold prices today near record highs, silver surges ₹3,000 in 2 days Gold prices today near record highs, silver surges ₹3,000 in 2 days

In the previous session, gold prices in the futures market were close to Rs. 54000 per 10gm and settled at Rs. 53828 per10 gm, up 1.3% or Rs. 690, while silver zoomed 3.69% or Rs. "The currency has come under pressure amid worries over that USA econo...

Australia's Victoria declares state of disaster and imposes curfew to contain coronavirus Australia's Victoria declares state of disaster and imposes curfew to contain coronavirus

The state is battling a devastating second wave of coronavirus infections, which plunged Melbourne into an unprecedented lockdown and saw regional Victoria adopt tougher measures. In rules all too familiar to people across Ireland, Melbourne resi...

Life After CERB: Trudeau Announces Next Steps for Relief Programs Life After CERB: Trudeau Announces Next Steps for Relief Programs

Trudeau said that a transitional parallel benefit that's similar to EI will be created. Trudeau also gave an idea of what comes after the CERB ( Canada Emergency Response Benefit ). Speaking at a news conference later on Friday, Employment Minis...

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