Economy

US Senator Calls Chinese Consulate in Houston 'Massive Spy Centre'

US Senator Calls Chinese Consulate in Houston 'Massive Spy Centre'

The Chinese foreign ministry on Wednesday warned its citizens studying in the United States to be "on guard" as U.S. law enforcement agencies "have stepped up arbitrary interrogations, harassment, con...

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Everything Australians need to do NOW to keep JobKeeper and JobSeeker

Everything Australians need to do NOW to keep JobKeeper and JobSeeker

They will have to prove they satisfy that condition once more when the JobKeeper rates change again in January. The JobTrainer skills package will also guarantee support for thousands of apprentices...

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United States dollar weakens following European Union stimulus deal

United States dollar weakens following European Union stimulus deal

The dollar weakened to a more than one-year low. Asian shares overnight followed a tech-led rally Monday on Wall Street that pushed the Nasdaq to its seventh closing high this month. existing home s...

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LinkedIn to cut 6pc of its global workforce

LinkedIn to cut 6pc of its global workforce

The company said jobs will be cut across sales and hiring divisions of the group globally. A LinkedIn spokesman said in response to queries from The Straits Times that the Singapore office is among ...

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June inflation turns positive, StatCan says

June inflation turns positive, StatCan says

The Bank of Canada - which says interest rates will remain near record lows for another two years - predicts inflation will remain weak in the near term. Gasoline prices declined by 15.7 percent in Ju...

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Amazon share price surge boosts Jeff Bezos' fortune by almost $20b

Amazon share price surge boosts Jeff Bezos' fortune by almost $20b

Bezos, Amazon's 56-year-old founder and the world's richest person, has seen his fortune swell US$74 billion in 2020 to US$189.3 billion , despite the United States entering its worst economic down...

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McConnell Says More Direct Cash Payments Likely Coming This Summer

McConnell Says More Direct Cash Payments Likely Coming This Summer

Former White House Chief of Staff Mick Mulvaney on the importance of an additional economic stimulus package and discusses its contents. "We're probably in the first week of August before we make ...

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China may retaliate against Nokia, Ericsson if EU bans Huawei

China may retaliate against Nokia, Ericsson if EU bans Huawei

Huawei will invest $US12.5 million in the stores and create more than 100 jobs, it said. Chinese export controls would prevent the two Scandinavian countries from sending their products made in Chin...

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Walmart ends Black Friday tradition by closing stores on Thanksgiving

Walmart ends Black Friday tradition by closing stores on Thanksgiving

The move marks the first major indication of how COVID will affect Black Friday store shopping, which for nearly a decade kicked off with big crowds on the turkey feast and expanded into Friday. Emplo...

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Euro hits new four-month high after pandemic recovery deal

Euro hits new four-month high after pandemic recovery deal

European shares closed above four-month highs on Tuesday, with Germany's blue-chip DAX erasing nearly all its losses for the year, after EU leaders agreed on a landmark stimulus package to revive the ...

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EU agrees on €1.8 trillion coronavirus recovery fund

EU agrees on €1.8 trillion coronavirus recovery fund

Stimulus payments will be closely controlled and must be devoted to policies seen as compatible with European priorities, including meeting environmental and economic norms. "There is no such thing as...

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Congressional Republicans, Democrats push towards new coronavirus bill

Congressional Republicans, Democrats push towards new coronavirus bill

House Speaker Nancy Pelosi is due to host a meeting on Tuesday afternoon to discuss the coronavirus relief with Treasury Secretary Steven Mnuchin , White House chief of staff Mark Meadows and Schumer...

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JobKeeper and JobSeeker extended to March 2021

JobKeeper and JobSeeker extended to March 2021

That'll last until the end of the year, then from January 3 that will drop again, from $1,200 to $1,000 a fortnight for full-time workers. The scheme will be available until the end of June 2021. Thos...

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Gold prices hit highest since September 2011, silver at four-year high

Gold prices hit highest since September 2011, silver at four-year high

In the futures market, gold of August delivery was up 0.1% at Rs. 49074 per 10 gm. In the previous session silver had surged ₹1150 per kg. Gold has surged 19% this year to the highest in nearly ...

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Help Indian MSMEs market products globally: Nitin Gadkari to Amazon

Help Indian MSMEs market products globally: Nitin Gadkari to Amazon

Amazon .com Inc's total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the US$2 billion mark, two company executives sai...

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Saskatchewan adds 19 new coronavirus cases, active cases rise to 145

Saskatchewan adds 19 new coronavirus cases, active cases rise to 145

Of the new cases reported on Monday, eight were in the central region and five were in the south region. Fifteen people have died after being diagnosed with COVID-19 in the province since March. Of ...

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Oil eases amid rising coronavirus cases worldwide

Oil eases amid rising coronavirus cases worldwide

For the week ending Friday, WTI crude rose 0.1 percent, while Brent declined 0.2 percent. Citing statistics, as both US and United Kingdom crude oil futures' prices had witnessed little change this ...

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City to look at changes for mail-in ballots for fall election

City to look at changes for mail-in ballots for fall election

On the eve of a trial slated to begin today, lawyers representing the state and plaintiffs in a legal battle over Florida's vote-by-mail procedures have reached a settlement. "Those accomplishments th...

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KFC Is Developing Lab-Grown Chicken Nuggets in Russian Federation

KFC Is Developing Lab-Grown Chicken Nuggets in Russian Federation

The chain will provide all of its signature ingredients, like spices and breading, to give the 3D-printed nugs that well-known KFC kick. KFC noted that the bioprinted nuggets would also be more en...

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Disney, Facebook's No.1 advertiser, slashes its spend (NASDAQ:FB)

Disney, Facebook's No.1 advertiser, slashes its spend (NASDAQ:FB)

Disney, the biggest spender on advertising with Facebook in the first half of 2020, has reportedly suspended ads for Disney Plus and Hulu with the social giant. It claimed it was working with civil-...

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Prepare to mask up at Walmart

Prepare to mask up at Walmart

This applies to all Walmart locations across the nation, including at the Ohio Valley Plaza in St. Clairsville. Grocery chain Kroger will require all customers to wear face masks inside its stor...

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Zuckerberg may be questioned about breaking competition laws, says report

Zuckerberg may be questioned about breaking competition laws, says report

Zuckerberg, meanwhile, is already scheduled to appear before the House Judiciary anti-trust subcommittee on July 27, to face questions from the panel's head, Democratic Congressman Jerry Nadler of NY,...

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Newspaper: EU leaders undecided on rescue plan

Newspaper: EU leaders undecided on rescue plan

The coronavirus has now killed almost 600,000 people and infected over 14 million as it continues to surge across the globe despite months of unprecedented lockdowns. Lagarde's comments suggested she ...

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Tech entrepreneur Fahim Saleh's dismembered body found in luxury condo

Tech entrepreneur Fahim Saleh's dismembered body found in luxury condo

A NY police department official said that the investigators believe the victim is tech entrepreneur Fahim Saleh . His passion to help others see their own potential was clear with his venture G...

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National Ice Cream Day 2020: Famous brands reveal most popular flavors

National Ice Cream Day 2020: Famous brands reveal most popular flavors

The timing could not have been additional great, as new systems made it simpler than at any time to manufacture and incredible ice cream - and mail its level of popularity soaring. The proclamation - ...

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HDFC Bank Profit Rises 20% To Rs 6,659 Crore In June Quarter

HDFC Bank Profit Rises 20% To Rs 6,659 Crore In June Quarter

Mumbai: The HDFC Bank on Saturday (July 18, 2020) said that its net profit rose to Rs 6,658.6 crore for the quarter ended on June 30, 2020, which is an increase of 19.6% over the quarter ended June...

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India, US sign MoU to develop strategic petroleum reserve

India, US sign MoU to develop strategic petroleum reserve

In fact, India is now the fourth largest export destination for US crude and 5th largest for US LNG. An Indian official stated, requesting anonymity, that point out-run Indian Strategic Petroleum R...

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Merkel warns of no deal on coronavirus recovery fund — European Union summit

Merkel warns of no deal on coronavirus recovery fund — European Union summit

Rutte also wants member states to retain the right to veto national economic plans by the likes of Italy and Spain, in order to oblige them to pursue reforms to borrowing and their labour and pensions...

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Cloudflare says outage not result of attack as several data centers affected

Cloudflare says outage not result of attack as several data centers affected

Cloudflare has acknowledged there is an issue , and said "a fix is being implemented". Visit Business Insider's homepage for more stories . Countless prominent websites and services were knocked...

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The average low-term mortgage rate has dropped below 3% (July 16)

The average low-term mortgage rate has dropped below 3% (July 16)

The 15-year fixed-rate mortgage averaged 2.48 percent, down slightly from last week's 2.51 percent average and down from last year's 3.23 percent average. "You're seeing unprecedented policy support a...

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Musk defends Tesla Autopilot name after German court ruling newkerala.com#125987

Musk defends Tesla Autopilot name after German court ruling newkerala.com#125987

Matthew Avery, research director at Thatcham Research, said: "We have long warned of the pitfalls to the Autopilot system". "This is a progressive process that begins when motorists are marketed the...

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Slowing UK job losses seen as ‘calm before storm’

Slowing UK job losses seen as ‘calm before storm’

Incomes are down by 7.9% or £67 a week when the government's furlough and self-employed support schemes, welfare benefits and lower tax bills are taken into account. The data for the period of April t...

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Crude oil futures slip almost 1%, WTI trades below $41 a barrel

Crude oil futures slip almost 1%, WTI trades below $41 a barrel

The 23-country OPEC+ coalition enacted a 9.7 million b/d production cut accord in May in response to the coronavirus crisis, but will roll the deal back to 7.7 million b/d in August through to the end...

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European Central Bank keeps ultra-easy policy on hold

European Central Bank keeps ultra-easy policy on hold

However, it reiterated that there remains ample stimulus to support the European economy and help it navigate the challenges ahead. The ECB chief spoke after her Governing Council agreed on Thursd...

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Instagram Reels Will Soon Roll Out To 50 More Countries

Instagram Reels Will Soon Roll Out To 50 More Countries

In Facebook "Shop" , the users will be able to message a business through WhatsApp, Messenger or Instagram Direct to ask questions, get support, track deliveries and more. Just days later, Mike Pompe...

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