Economy

New Christmas Covid lockdown comes into force

New Christmas Covid lockdown comes into force

She added that the majority of schools in Scotland will not now return until 11 January, with online learning extended until the 18th. The prime minister said that the new strain was not more lethal...

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Man Dies Mid-Flight After Reportedly Lying About Possible COVID Symptoms

Man Dies Mid-Flight After Reportedly Lying About Possible COVID Symptoms

A viral Twitter thread that you have to read made some headlines earlier this week after a passenger on a plane said a man behind her died from COVID-19 in the middle of their flight. In July, a wo...

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"Stop Bullying": China After US Blacklists 59 Of Its Firms

Commerce Secretary Wilbur Ross said that China has taken advantage of American technology for its military modernization, but it will not happen now. The latest blacklist is seen as a way for the ...

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SolarWinds: UK assessing impact of hacking campaign

SolarWinds: UK assessing impact of hacking campaign

SolarWinds , which disclosed its unwitting role at the center of the global hack on Monday, has said that up to 18,000 users of its Orion software downloaded a compromised update containing maliciou...

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High court denies Kentucky religious school's plea to reopen

High court denies Kentucky religious school's plea to reopen

The Franklin Circuit Court ruled in favor of the state but was reversed by the Kentucky Court of Appeals, which ruled the state lacked standing in the case.The damages are determined by the amount...

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Furlough scheme extended for another month

Furlough scheme extended for another month

The Chancellor said, "I can announce today that the Coronavirus Job Retention Scheme (CJRS) will be extended by another month, until the end of April 2021 with employees continuing to receive 80% of t...

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Ho, ho, whoa! Mortgage rates dive below 2.7% for the first time

Ho, ho, whoa! Mortgage rates dive below 2.7% for the first time

The historically low borrowing costs continue to fuel a housing-market surge and establish the sector as one of the few bright spots in the ailing United States economy. "Buyers keen on finding a home...

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Reforms have changed foreign investors’ perception of India, says PM Modi

Reforms have changed foreign investors’ perception of India, says PM Modi

Prime Minister Narendra Modi, during a keynote address at Assocham Foundation Week on today, said India has moved from a perception of 'Why India?' to 'Why not India?' on the back key reforms carrie...

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POWERBALL: Lucky Jersey Shore Lottery Player Wins $50K

POWERBALL: Lucky Jersey Shore Lottery Player Wins $50K

The lucky division one prize victor will be paid on New Year Day. "Oh man! Oh my god!" "I just checked my ticket". I'll have to tell them in the morning, but they'll see all these missed calls fro...

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Australian neobank Xinja hands in the towel

Australian neobank Xinja hands in the towel

The Fintech firm will give clients a 7 days notice before closing high-interest Stash accounts. A few weeks later, after revealing it was not taking anymore customers for its high interest saving ...

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Wall Street ends at record highs on fiscal stimulus hope

Wall Street ends at record highs on fiscal stimulus hope

The Labor Department reported the number of Americans applying for unemployment benefits rose to 885,000 last week, the highest level since September. CMC Markets analyst Michael Hewson said: "US m...

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U.S. adds Chinese drone company DJI to economic blacklist

U.S. adds Chinese drone company DJI to economic blacklist

DJI was added to the so-called Entity List by the Commerce Department on Friday, Reuters reported . "We will not allow advanced USA technology to help build the military of an increasingly bellig...

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United States firm's rocket fails to reach orbit due to technical issues

United States firm's rocket fails to reach orbit due to technical issues

Alongside SpaceX and Rocket Lab, Astra represents the third USA company begun since the turn of the century to privately develop a satellite launch system and successfully reach space. "We had an in...

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ZeroAvia raises more cash for zero-emission hydrogen plane plan

ZeroAvia raises more cash for zero-emission hydrogen plane plan

The latest funding was led by Bill Gates' Breakthrough Energy Ventures and Ecosystem Integrity Fund. Industry supporters believe that ZeroAvia may also be a ticket to solving numerous aviation i...

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Australia Complains to WTO About Punitive Chinese Tariffs on Barley

Australia Complains to WTO About Punitive Chinese Tariffs on Barley

According to the International Monetary Fund (IMF), China is by far Australia's top overall export market. "These actions disrupted bilateral cooperation momentum and damaged Australia's national ...

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Oil prices move higher on lower inventories, stimulus hopes

Oil prices move higher on lower inventories, stimulus hopes

The West Texas Intermediate (WTI) for January delivery rose 63 cents to settle at 47.62 USA dollars a barrel on the New York Mercantile Exchange, its highest level in nine months. The report set stand...

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Britain, EU Strike Pessimistic Tone in Post-Brexit Trade Talks

Britain, EU Strike Pessimistic Tone in Post-Brexit Trade Talks

The conference of presidents of the Parliament's political groups said it is ready to organize a plenary session by the end of the month, but on condition that "an agreement is reached by midnight" on...

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Claims for unemployment rise again as virus spread increases

Claims for unemployment rise again as virus spread increases

The increase in initial claims reflects rising filings in California and IL, two states where governments have imposed particularly restrictive lockdowns in the wake of the latest Covid-19 surge. It s...

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States Account for 56% of Active COVID-19 Cases in India

States Account for 56% of Active COVID-19 Cases in India

This was the lowest count of daily cases recorded since July 6 as the pandemic continued to take a toll on the country. A total 34,477 patients have recovered in a span of 24 hours, of whom 74.24 ...

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Crypto-friendly trading app Robinhood faces lawsuit from securities regulators

Crypto-friendly trading app Robinhood faces lawsuit from securities regulators

Galvin's office wants Robinhood Financial LLC to hire an outside consultant to examine its marketing policies and procedures and to give close attention to protecting its infrastructure from outages. ...

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'Dressing up as the victim': China's scathing put-down of Australia

Nine Political Editor Chris Uhlmann said the Australia-China relationship had entered new ground. Acknowledging the appeal take years to be resolved, Birmingham told reporters Australia would also r...

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Florida organization receives record-breaking $20M donation from MacKenzie Scott

Florida organization receives record-breaking $20M donation from MacKenzie Scott

Scott's transformational gift in support of our work tells us that she, too, believes in Mile High United Way". Bezos was at the top of that list with a net worth of $185 billion. Bezos has himself ...

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Cannabis | Aphria and Tilray announce their merger

Cannabis | Aphria and Tilray announce their merger

Tilray CEO Brendan Kennedy is said to be in line to occupy a seat on the Board of Directors but is unlikely to retain an executive position. Investors seemed to dig the prospect of two of the bigge...

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Fed vows to continue bond-buying until it sees 'substantial' economic progress

Fed vows to continue bond-buying until it sees 'substantial' economic progress

Officials also changed their projections to reflect a smaller decline in the nation's GDP and a lower unemployment rate of 5% next year. They now see just a 2.4% hit to gross domestic product in 202...

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Mrs Bectors IPO subscribed 11.4 times on second day

Mrs Bectors IPO subscribed 11.4 times on second day

Retail book got subscribed 4.37 times and that of employees had been bid 86 percent. The reserved portion of non-institutional investors received a subscription of 66 percent and qualified instituti...

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Bitcoin soars past $20,000 for first time

Bitcoin soars past $20,000 for first time

Bitcoin has gained more than 170 per cent this year, buoyed by demand from larger investors attracted to its potential for quick gains, purported inflation-resistant qualities, and expectations it wil...

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Pinterest agrees to $22 million pay settlement

Pinterest agrees to $22 million pay settlement

Social media firm Pinterest paid US$22.5 million (Rs. 1.7 billion) to settle former Chief Operating Officer Francoise Brougher's gender discrimination claims. It is not because they are poor negotia...

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USA government labels Vietnam, Switzerland currency manipulators

USA government labels Vietnam, Switzerland currency manipulators

In retaliation, the U.S. says it will now "press for the adoption of policies that will permit effective balance of payments adjustments" in future negotiations with the countries to eliminate their "...

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Euro Rises Record High against US Dollar First Time since 2018

Euro Rises Record High against US Dollar First Time since 2018

So we keep working". Despite alarming COVID-19 infection and death rates across Europe and the United States, progress on vaccine rollout continued. The dollar is also under pressure due to expect...

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Crown Resorts Shareholders File Class Action Lawsuit Due To Poor Governance

Crown Resorts Shareholders File Class Action Lawsuit Due To Poor Governance

That suit is also tied to a drop in stock and was open for any shareholders who purchased Crown shares between February 2015 and October 16. The Maurice Blackburn Lawyers law firm has submitted ...

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Brexit: EU president says 'we have found way forward on most issues'

Brexit: EU president says 'we have found way forward on most issues'

The EU's chief Brexit negotiator, Michel Barnier, will brief ambassadors of the 27 member states in Brussels later. He told reporters a deal depended on agreeing terms for "fair and free" competit...

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MacKenzie Scott: Jeff Bezos ex gives $1.7 billion to charity

MacKenzie Scott: Jeff Bezos ex gives $1.7 billion to charity

Her hope, she wrote, is that change can come through personal recognition of what each of us can offer. MacKenzie Scott had married Jeff Bezos in 1993 and they have four children. "I speak for the...

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Sensex Up 288 Points at 46,551, Nifty at 13,650 in Opening Trade

Sensex Up 288 Points at 46,551, Nifty at 13,650 in Opening Trade

Both Sensex and Nifty had ended with marginal gains on Tuesday. Meanwhile, the majority of the European indices ended in the green, aided by optimism about U.S. "The Index once again went to test the ...

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U.S. government software provider SolarWinds confirms it was hacked

U.S. government software provider SolarWinds confirms it was hacked

SolarWinds serves some 300,000 customers around the world, including most US-based Fortune 500 companies, as well as critical parts of the U.S. and British governments - including their defense depar...

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Democrats squeezed as COVID-19 relief talks continue

Democrats squeezed as COVID-19 relief talks continue

The Republican leader instead has pushed for a slimmed-down version of the $ 908 billion package . Congressional leaders must make decisions immediately about which provisions to include in a spendi...

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