Economy

Google to pay ₹75,000/employee for WFH expenses

Google to pay ₹75,000/employee for WFH expenses

Google aims to partially reopen its offices July 6 for up to 10% of its workers, with plans to boost that to about 30% of capacity by September, according to a memo CEO Sundar Pichai sent to empl...

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New Nissan Z Refresh Shown Off In Hype Video

New Nissan Z Refresh Shown Off In Hype Video

It appears in the front we're getting full-on 240Z throwback, but in the rear we may be getting a flavour of the 300ZX too. Official details of the mysterious new auto are thin on the ground, but we...

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Dow Jones drifts higher on healthcare, tech lift

Dow Jones drifts higher on healthcare, tech lift

Stocks had been higher for most of the session as investors continued to bet on a swift recovery from the coronavirus-driven economic slump. Other data revealed that 2.1 million American applied for...

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Ford cranks up heat in self-cleaning police cars to kill coronavirus

Ford cranks up heat in self-cleaning police cars to kill coronavirus

It's both completely ingenious and much-needed in these insane times we're now living in. FORD Motor Company has turned up the heat in its efforts to stem the spread of the coronavirus , fitting it...

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Oil prices gains on crude supply cut hopes, ease of lockdowns restrictions

Oil prices gains on crude supply cut hopes, ease of lockdowns restrictions

A total of 3.4 million tonnes (24.8 million barrels) of crude oil was discharged from floating storage into Asian markets in the past seven days, with China the top destination at 1.8 million tonnes a...

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State Monitoring for Fraudulent Unemployment Claims

State Monitoring for Fraudulent Unemployment Claims

While the pace of newly filed applications has slowed, they are still higher than at any point in modern history before the pandemic hit. Noting the historic nature of the surge, Utah's Unemployment...

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China's parliament approves Hong Kong national security bill

China's parliament approves Hong Kong national security bill

The decision on national security legislation is a responsible move by the central authorities to protect national security and exercise its overall jurisdiction over the SAR in the background of the ...

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NY governor rings opening bell at exchange as traders return

NY governor rings opening bell at exchange as traders return

New York State Governor Andrew Cuomo arrives at the New York Stock Exchange in New York, the United States, on May 26, 2020. The NYSE operated nearly seamlessly during its electronic-only trading...

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Wall Street opens higher on recovery optimism

Wall Street opens higher on recovery optimism

Department store chains, which took some of the market's worst losses earlier this year when worries about the recession were peaking, surged amid optimism that life can inch back toward normal. The m...

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Most Australian News Corp small papers to go digital-only

Most Australian News Corp small papers to go digital-only

The bulk of News Corp Australia's regional and suburban community papers across the country will go digital only from June 29. News Corp. suspended printing operations for 60 local papers in Austral...

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Renault could build cars at Nissan's Sunderland factory in the future

Renault could build cars at Nissan's Sunderland factory in the future

Carmakers Renault (RNO.PA), Nissan ( NSANY ), and Mitsubishi ( MSBHY ) presented a new strategy created to reinvigorate their 21-year alliance at a press conference on Wednesday. Working together ha...

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Stimulus Payments Are Getting Sent To Millions of People as Debit Cards

Stimulus Payments Are Getting Sent To Millions of People as Debit Cards

First, the IRS addressed questions about unmarried parents and what happens if both parents got the $500 payment for the same child. "The law doesn't require repayment of an Economic Impact Payment ...

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How major USA stock indexes fared Wednesday

How major USA stock indexes fared Wednesday

Health care and technology, however, struggled. Department store chains, which took some of the market's worst losses earlier this year when worries about the recession were peaking, surged amid optim...

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Boeing to lay off 6,770 more US employees

Boeing to lay off 6,770 more US employees

All layoff notices will be delivered this week in the plan to shed 10 percent of the company's 160,00-strong global workforce as the company reels from a plunge in airline business and its 737 Max jet...

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AngloGold confirms 164 coronavirus cases at Mponeng mine

AngloGold confirms 164 coronavirus cases at Mponeng mine

YEN.com.gh earlier reported that the Management of AngloGold Ashanti confirmed earlier a case at their Obuasi goldmine. AngloGold Ashanti Ltd. Just last week, operations at the Impala Platinu...

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Kia Rio facelift due in Australian showrooms in July

Kia Rio facelift due in Australian showrooms in July

There isn't much new on the styling front. GT models now get the same "ice-cube" style daytime running LEDs as larger models in the range, and every auto from the entry level will now include full LED...

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Nearly €1 billion in EU COVID-19 recovery funds proposed for Malta

Nearly €1 billion in EU COVID-19 recovery funds proposed for Malta

Countries are already clamouring for a slice of the EU's just transition fund , with 18 member states preparing to apply for support to wind down coal sectors, retrain workers and help carbon-heavy b...

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LATAM says no impact on cargo as it files for bankruptcy protection

LATAM says no impact on cargo as it files for bankruptcy protection

The shares opened with a drop of close to 50 per cent on the NYSE, but recovered quickly before stabilizing at around a 35 per cent drop. Trading was also suspended in Santiago until noon. LATAM said ...

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China to ensure stable foreign trade, investment

China to ensure stable foreign trade, investment

Eliot Engel, Chairman of the US House Foreign Affairs Committee, blasted US Secretary of State Mike Pompeo for his "thoughtless" and "irresponsible" comment in which the top US diplomat threatened to ...

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Google offices to gradually start reopening - Strategy

Google offices to gradually start reopening - Strategy

Google and its peer Facebook had allowed their employees to work from home in early March following tough government-mandated restrictions to contain the coronavirus. A worker may only come in once ev...

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Next-gen Mercedes-Benz S-Class official teaser out

Next-gen Mercedes-Benz S-Class official teaser out

The most obvious changes are on the outside, where the coupe and cabriolet get revised front and rear treatments. As well as the infotainment and technology upgrades as the regular E-Class models, t...

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S&P 500 clears 3,000 barrier on hopes of recovery, vaccine

S&P 500 clears 3,000 barrier on hopes of recovery, vaccine

California has chose to reopen in-store retail businesses and places of worship following shutdowns in one of the most restrictive containment rules in the United States. Dow member Merck gained 1.2 p...

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Hyundai Teases New Santa Fe SUV: PHEV Option Coming

Hyundai Teases New Santa Fe SUV: PHEV Option Coming

Hyundai is gearing up to reveal its restyled 2021 Santa Fe , and late May released a teaser image showing off a face that's a lot more aggressive than we'd expect from a mainstream SUV. Given that th...

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Gove defends PM's adviser Cummings: he's a man of honour and integrity

Gove defends PM's adviser Cummings: he's a man of honour and integrity

The row has dominated newspaper headlines in the United Kingdom since it was revealed on May 22 that Cummings, together with his wife and their four-year-old son, drove about 418 km from London to his...

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Effigy of Kentucky governor displayed near Capitol

Effigy of Kentucky governor displayed near Capitol

After a failed attempt to hand-deliver a letter calling for the governor's resignation, an effigy of Kentucky Governor Andy Beshear was hung from a tree outside the capitol, with a sign which read...

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America's largest airline LATAM files for USA bankruptcy protection

America's largest airline LATAM files for USA bankruptcy protection

The LATAM Group while includes affiliates in Chile, Peru, Colombia, Ecuador and the United States have all filed for voluntary protection under the U.S. LATAM stated that it is aiming to "transform ...

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Target stores across the country to close their doors

Target stores across the country to close their doors

Wesfarmers notified the markets of restructuring costs and provisions totalling approximately $120 to $170 million before tax, primarily reflecting Target store closure costs, inventory write-offs and...

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Almost 800 Fiji Airways staff laid off

Almost 800 Fiji Airways staff laid off

The sad reality of prolonged flight suspensions means that we simply do not have work for a large segment of our workforce now, and for the foreseeable future. Those who still have jobs will also face...

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Branson's Virgin Orbit Fails on First Rocket Launch Attempt

Branson's Virgin Orbit Fails on First Rocket Launch Attempt

Then an unidentified problem forced Branson's company to cut the mission short. The Virgin Orbit 747, named Cosmic Girl , did everything right and Launcher One did its job. "The first few seconds a...

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New emissions blow for Volkswagen as German court backs damages claims

New emissions blow for Volkswagen as German court backs damages claims

The ruling by Germany's highest court for civil disputes, which will allow owners to return vehicles for a partial refund of the purchase price, serves as a template for about 60,000 lawsuits that a...

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Coronavirus: German companies felt a glimmer of hope in May

Coronavirus: German companies felt a glimmer of hope in May

After a dramatic slump in April, when social and commercial lockdowns were in full swing, today's index is being closely watched for signs of optimism. The increase is primarily due to a sharp rise in...

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Japan lifts coronavirus emergency in all remaining areas

Japan lifts coronavirus emergency in all remaining areas

Nishimura said at a news conference later that day that there were fewer new cases in Tokyo and Saitama, Chiba and Kanagawa prefectures as well as Hokkaido and that more hospital beds are available ...

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China could face sanctions over Hong Kong national security law: White House

China could face sanctions over Hong Kong national security law: White House

US Secretary of State Michael Pompeo said the US is weighing how to respond to China's national security laws , which he called a "death knell" for Hong Kong autonomy . They have drawn even more...

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Facebook employees to face pay cut if they move to cheaper areas

Facebook employees to face pay cut if they move to cheaper areas

Some of their employees might never go back. Zuckerberg announced that Facebook is going to "aggressively" ramp up remote hiring to diversify the talent pools at the company. But he warned that this...

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Lufthansa, Germany agree on $9.8-billion rescue package

Lufthansa, Germany agree on $9.8-billion rescue package

The WSF will hold a total of 20 percent of the company's share capital, which can be increased to 25 percent. The German Finance and Economy Ministries on Monday said Lufthansa was an operationall...

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