Saturday January 29-th, 2022

United Kingdom announces new scheme to support businesses and jobs United Kingdom announces new scheme to support businesses and jobs

This is according to the Resolution Foundation think tank, which believes that unemployment could still be at its highest level in a generation next spring despite the raft of measures created to protect "viable" jobs outlined by chancellor Rishi Su...

China to be added to FTSE global bond benchmark in 2021 China to be added to FTSE global bond benchmark in 2021

Goldman Sachs estimates there is 2.5 trillion US dollars of global cash following the WGBI , and China's inclusion could drive 140 billion USA dollars into the mainland bonds over the inclusion period. "Backed by supportive trends, Chinese governmen...

Aurora posts record net loss in Q4, misses revenue expectations Aurora posts record net loss in Q4, misses revenue expectations

Are you looking for fast-news, hot-tips and market analysis? US-listed shares of Aurora Cannabis were sliding 19.3% today as the company revealed a revenue decline in fiscal 4Q, with losses accelerating into 1Q as its value offering struggles.

Three accused of creating ‘man cave’ under Grand Central station Three accused of creating ‘man cave’ under Grand Central station

The report said that the secret "man cave" was discovered under Track 114 and behind the locked door of a locksmith shop. MTA's internal watchdog said the specially-made lounge contained everything from a futon, flat-screen TV, microwave and re...

Gold rate slips further, near Rs 49,000 mark on weak global trend Gold rate slips further, near Rs 49,000 mark on weak global trend

In four days, gold has lost about ₹2,500 per 10 gram so far. At this level, gold has receded 11.32 per cent from an all-time high of Rs 56,191, registered early last month. Dollar's renewed strength is linked to both rising cases worldwide and fading...

German Lufthansa airline plans rapid COVID-19 testing for passengers German Lufthansa airline plans rapid COVID-19 testing for passengers

United customers will have the option of taking either a rapid test at the airport or a self-collected mail-in test before their departure, and will be responsible for paying the cost of the test. "We'll look to quickly expand customer testing to oth...

Volkswagen ID.4 electric SUV revealed with free charging deal Volkswagen ID.4 electric SUV revealed with free charging deal

And we know that Canadian ID.4 customers will also get free charging at all Electrify Canada stations for at least two years, according to VW Canada. At 181 inches long, the ID.4 is nearly 5 inches shorter than the Tiguan , Volkswagen's gas-powe...

'Rogue' Shopify employees may have stolen customer data from 200 merchants 'Rogue' Shopify employees may have stolen customer data from 200 merchants

Shopify is working with the Federal Bureau of Investigation and other global agencies to investigate the theft, it said. Under the Personal Information Protection and Electronic Documents Act, it is mandatory for companies to report breaches to the...

S&P 500, Dow extend longest losing spree in a year S&P 500, Dow extend longest losing spree in a year

Nevertheless, this data had little to no impact on market sentiment. "Fear of missing out has turned into to fear of losing actual money", Dick said. The Nasdaq composite added 0.4% to 10,672.27. Volume on USA exchanges was 10.43 billion shares, ...

Musk to US: You Owe Me Tariff Money, Plus Interest Musk to US: You Owe Me Tariff Money, Plus Interest

The auto firm has filed a lawsuit in the Court of International Trade in NY, demanding two lists of tariffs be voided. The case seeks an order to declare the duties unlawful and a refund with interest on the amounts it has already paid, Bloomberg ...

Simpler lending laws risk Australians drowning in debt - Mornings Simpler lending laws risk Australians drowning in debt - Mornings

However, they would not be required to meet the extra layers of scrutiny that, under current laws, made them responsible for the intentions and capacity of the borrower, The Australian said. The changes effectively end a decade of ever-increasing r...

Harley-Davidson exits India, books $75 million in fresh restructuring costs Harley-Davidson exits India, books $75 million in fresh restructuring costs

India was one of the markets the company at that point committed to investing in more heavily. Indian production volume fell from 11,753 units in FY16 to 4,533 units in FY20 and sales declined from 4,708 units to 2,470 units during the same period...

United States crude, fuel stocks fall in most recent week

U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 37 cents, or 0.9%, to $39.56 a barrel at 0650 GMT , while Brent crude LCOc1 futures dropped 34 cents, or 0.8%, to $41.43 a barrel. A stronger dollar makes oil, priced in USA dollars, less at...

Powell: Congress, Fed need to 'stay with' aid Powell: Congress, Fed need to 'stay with' aid

In his own remarks, U.S. Treasury Secretary Steven Mnuchin said he and the White House continue to seek an agreement with both parties in Congress on another fiscal relief package. The Fed has come under criticism for the low take-up so far from the ...

Hospitality curfew to see venues shut at 10pm Hospitality curfew to see venues shut at 10pm

Prime Minister Boris Johnson will lay out new measures in an attempt to tackle the coronavirus as cases rise across the country . But experts have warned parents who continue to work from home when they don't need to could actually leave phy...

Sensex dives 580 points at open, Nifty below 11,000; RIL, Infy drag

The resistance on the upside is at 11300", said Manish Hathiramani, proprietary index trader and technical analyst, Deen Dayal Investments. Bourses in Shanghai, Hong Kong and Seoul ended with gains, while Tokyo closed in the red. The domestic stock...

Australia's Westpac to pay record fine for money-laundering Australia's Westpac to pay record fine for money-laundering

The regulator, AUSTRAC, said it had agreed with Westpac to the penalty after the bank admitted failing to report 19.5 million global money transfers worth more than $7 billion between November 2013 and September 2018. The company chairman, Lindsay Ma...

Furlough hope? Sunak to unveil plan to 'protect jobs through winter' Furlough hope? Sunak to unveil plan to 'protect jobs through winter'

He said: "As our response to coronavirusadapts, tomorrow afternoon I will update the House of Commons on our plans to continue protecting jobs through the winter". The furlough scheme, which has cost the government £39.3bn to date, expires at the end...

California moves to end sales of new gas-powered cars by 2035 California moves to end sales of new gas-powered cars by 2035

Cars shouldn't give our kids asthma. "Cars shouldn't melt glaciers or raise sea levels threatening our cherished beaches and coastlines". On Wednesday he ordered state regulators to come up with requirements to meet that goal. In response to a reco...

Hyundai Sonata N-Line revealed ahead of big unveiling event Hyundai Sonata N-Line revealed ahead of big unveiling event

Sonata's N Line design elements are evident throughout, starting with the signature cascading grille, bold front fascia, three air intakes and N Line badging. The current range of engines for the Sonata is comprised of the above 2.5 litre NA engine, ...

CMHC Reiterates Pessimistic Forecast For Canada’s Housing Market CMHC Reiterates Pessimistic Forecast For Canada’s Housing Market

Chief Economist Bob Dugan reiterated that forecast, though he cautioned that it's hard to predict the "peaks and troughs" and there are many moving parts. Although Dugan did not confirm the exact scale of CMHC's suggested price declines, he did reaff...

U.S. business activity dips in September - IHS Markit U.S. business activity dips in September - IHS Markit

On the other hand, the manufacturing sector, which has a much smaller portion of the whole French economy, showed signs of slight improvement, with the index rising to 50.9 from 49.8, with this being slightly better than the expected reading of 50.5....

Unifor and Ford Canada reach tentative agreement Unifor and Ford Canada reach tentative agreement

Union members will vote on the tentative three-year agreement on Sunday. The plant was at risk of closing because the Edge sport-utility vehicle made there has an uncertain future. "We're in the midst of negotiation" of how much money the Ontario gov...

Hong Kong suspends Air India operations Hong Kong suspends Air India operations

An Air India spokesperson said Hong Kong has imposed a flight ban from September 20 to October 3. A flight coming to Hong Kong from any of these 9 countries must submit a form before the flight stating that all passengers have a COVID-19 negative cer...

Canadian Tesla owner charged for sleep-driving at speeds of 150 km/h Canadian Tesla owner charged for sleep-driving at speeds of 150 km/h

The 2019 Tesla Model S "appeared to be self-driving", police said, "traveling over 140 km/h, with both front seats completely reclined and both occupants appearing to be asleep". It also noted that Tesla's didn't come equipped with self-driving sys...

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