Saturday January 29-th, 2022

Oil falls on caution over demand recovery Oil falls on caution over demand recovery

A firmer USA dollar also put pressure on oil prices, analysts said, leaving them stuck in their narrow trading range of recent weeks. Oil prices have been rangebound since mid-June, with Brent trading from $40 to $46 per barrel and WTI between $37 ...

NY mother kicked off flight after toddler refused mask NY mother kicked off flight after toddler refused mask

While JetBlue remains firm in their policies, Bruck told NBC New York , she hopes JetBlue will reconsider for young children who find it hard to keep a mask on. "They were really nasty", one of the passengers, Charzette Poinsette said of the incid...

Government Extends CERB By Four Weeks Government Extends CERB By Four Weeks

Under the employment insurance changes Canada will raise minimum benefits, make it easier to qualify and allow workers to remain on the program longer. The plan is aimed at transitioning Canadians off the $2,000 of monthly support by bringing in swee...

TikTok pulls 380000 videos in US for hate content TikTok pulls 380000 videos in US for hate content

As a result, TikTok will up its security and anti-hate speech protocols to "eliminate hate on TikTok". Han's overview of what TikTok is doing to combat hate comes as the app defends itself against what it calls "rumors and misinformation" about its...

US home sales spike 24.7% in July, another record US home sales spike 24.7% in July, another record

The pandemic has forced the industry to adapt marketing techniques, relying more heavily on virtual tours that can weed out less-interested buyers, limiting in-person inspections to those most likely to bid on a particular property. The number of hou...

Brexit: EU accuses United Kingdom of 'wasting time' in negotiations Brexit: EU accuses United Kingdom of 'wasting time' in negotiations

Both sides agreed in their statements following the seventh round of talks that time is "short" and that little progress had been made. "I simply do not understand why we are wasting valuable time". Earlier this week, a United Kingdom government sp...

Apple hits two trillion in valuation Apple hits two trillion in valuation

And again this week Apple makes financial history, because the technology giant this Wednesday became the first American company to reach 2 trillion dollars in market value. Saudi Aramco now trails Apple with a market value of about $1.8 trillion...

Google's open letter to Australians and ACCC response Google's open letter to Australians and ACCC response

Although Google account holders were prompted to click an "I agree" pop-up notification advising them of certain changes to their Google accounts which would be used by Google in order to "make ads across the web more relevant for [them]', the ACCC a...

Airbnb preps for IPO Airbnb preps for IPO

Did you know you can trade Airbnb ahead of its IPO with IG? That sets the stage for one of the year's biggest stock market debuts. CEO Brian Chesky made mention they had originally meant to file on March 31, but the market uncertainty surroundi...

Erdogan: Turkey finds its largest ever gas deposit Erdogan: Turkey finds its largest ever gas deposit

President Recep Tayyip Erdogan announced on Friday that Turkey discovered its biggest ever natural gas field holding 320 billion cubic metres (11.3 trillion cubic feet) in the Black Sea, and more could be found as the country works to provide i...

EU's Barnier 'disappointed and concerned' after Brexit talks EU's Barnier 'disappointed and concerned' after Brexit talks

This covers some of the migrants now crossing the English Channel from France in small boats, but once the United Kingdom leaves the EU's institutions at the end of the present transition period on December 31st, 2020, that arrangement comes to an en...

Qantas profits drop by 91 per cent due to coronavirus crisis Qantas profits drop by 91 per cent due to coronavirus crisis

The Qantas (QAN ) share price opened higher before declining by the late morning on Thursday, after the airline released a weak - though evidently already priced-in - set of full-year (FY20) results to the market. "We were on track for another profi...

Two gold nuggets worth £190000 discovered in Australia Two gold nuggets worth £190000 discovered in Australia

Imagine digging away at dry earth day after day and finally uncovering two massive nuggets of gold. The Poseidon Crew used a digger and large metal detectors to find the gold nuggets and hit the jackpot. Ethan added: "My reaction is bit different t...

Couple charged in violent attack of teen Sesame Place employee Couple charged in violent attack of teen Sesame Place employee

The "baseless harsh attack" left the teenager hospitalized for nearly a week, Middletown Area cops stated. The 17-year-old Sesame Place worker reminded the two of the amusement park's mandatory mask requirement and assaulted the worker, police ...

Australian regulator accuses Google of spreading news law 'misinformation' Australian regulator accuses Google of spreading news law 'misinformation'

Google says search data of its Australian users may also be at risk, as the law will force the search giant to tell news media businesses "how they can gain access" to its users' data. The ACCC made clear there was no threat to keeping Google search ...

United States unemployment claims rise above 1m as Covid recovery falters United States unemployment claims rise above 1m as Covid recovery falters

The state reported 21,663 initial jobless claims, which represent anyone filing for benefits for the first time. A federal program that paid out $600 a week implemented at the start of the pandemic expired in July, and its replacement has yet to be...

Rupee Returns To 75 Mark Against Dollar After Over 2 Weeks Rupee Returns To 75 Mark Against Dollar After Over 2 Weeks

At the interbank forex market, the local unit settled for the day at 75.02 against the United States dollar, down 20 paise over its previous close of 74.82. On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 398.14 p...

Bank of Nova Scotia Fined $127.5 Million For Market Manipulation Bank of Nova Scotia Fined $127.5 Million For Market Manipulation

The bank was also ordered to retain an independent compliance monitor. The DPA and the Orders (together, the "Resolutions") resolve the DOJ's and CFTC's investigations into Scotiabank's activities and trading practices in the metals markets and relat...

Republicans, Democrats hint at openings for stimulus talks Republicans, Democrats hint at openings for stimulus talks

Economic and financial-market news hasn't put pressure on the two sides to accelerate an accord on coronavirus relief. House Speaker Nancy Pelosi suggested that Democrats might be willing to cut more from their proposal to reach agreement on im...

Kim Jong Un transfers some powers to sister: S. Korea Kim Jong Un transfers some powers to sister: S. Korea

Pak Pong-ju, vice chairman of the State Affairs Commission, and the new premier Kim Tok-hun have taken over power in controlling the economic sector, it added. Kim's economic setbacks have left him with nothing to show for his high-stakes summitry wi...

Lyft to suspend rideshare operations in California in response to court ruling Lyft to suspend rideshare operations in California in response to court ruling

California represents a substantial chunk of both companies' businesses. " This is not something we wanted to do, as we know millions of Californians depend on Lyft for daily, essential trips ", the company said of suspending operations in blog ...

USA jobless claims rise back above one million USA jobless claims rise back above one million

OH has reported more than 1.6 million initial unemployment claims over the past 22 weeks, which is more than the state reported over the last four years combined. Continued unemployment claims represent anyone who's filed for benefits a few times. "W...

Anxiety as oil price drops amidst demand risks Anxiety as oil price drops amidst demand risks

Brent crude settled up 57 cents, or 1.3 per cent, to US$45.87 a barrel, and US West Texas Intermediate crude was up 88 cents, or 2.1 per cent, to US$42.41 a barrel. The OPEC+ Joint Ministerial Monitoring Committee, meeting virtually Wednesday, was l...

Asian stocks slump, gold jumps after dovish Fed Asian stocks slump, gold jumps after dovish Fed

Minutes from the Fed's July meeting showed the swift rebound in employment seen in May and June had likely slowed and that additional "substantial improvement" in the labour market would hinge on a "broad and sustained" reopening of business activity...

Unexpected jump in inflation sparks potential rail price increase Unexpected jump in inflation sparks potential rail price increase

Government estimates show passenger numbers had crumbled by 70% since the pandemic began. The 1.6 percent increase in rail fares will go up in January. Rail fares are established to increase by yet another 1.6% in January, introducing all over £100...

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