Economy

GitHub HR President Resigns After Investigation into Expelling a Jewish Employee

GitHub HR President Resigns After Investigation into Expelling a Jewish Employee

GitHub later fired the employee for his "patterns of behaviour", which included labelling rioters as Nazis. Fellow GitHub employees lobbied for the fired individual. via Slack, where company speeche...

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Gold continues to recover as dollar falls ahead of Janet Yellen's testimony

Gold continues to recover as dollar falls ahead of Janet Yellen's testimony

Biden proposed the $1.9 trillion package last Thursday, warning that "we are in the midst of a dark winter of this pandemic". "Now is not the time to enact a laundry list of liberal structural econ...

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Goldman Sachs profit more than doubles on underwriting, trading boost

Goldman Sachs profit more than doubles on underwriting, trading boost

And amid coronavirus-induced restrictions on movement, the financial giant saw lower travel and entertainment costs. Both quarterly net income and quarterly revenue of $11.74 billion were much better ...

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Stellantis shares rise on debut in Milan and Paris

Stellantis shares rise on debut in Milan and Paris

On January 4, shareholders of Fiat Chrysler and PSA Peugeot voted to merge the U.S. According to reports, the merger will create the world's fourth largest automaker. New auto giant Stellantis, form...

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Man found 'living in airport for 3 months' over Covid-19 fears

Man found 'living in airport for 3 months' over Covid-19 fears

He was discovered Saturday when two United Airlines employees asked him for identification and he displayed a badge that had been reported missing in October. Judge Ortiz, however, said that Singh's a...

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Emirates stops flights to major Australian cities

Emirates stops flights to major Australian cities

The final flight to Sydney arrives tomorrow and departs for Dubai on Tuesday (EK414/415), while Melbourne's last flight arrives Tuesday and departs Wednesday (EK408/409). It is estimated that hund...

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Oil backs off 11-month high on rising Covid-19 cases

Oil backs off 11-month high on rising Covid-19 cases

Brent crude for March delivery eased 0.2 per cent to 54.98 dollars a barrel, after falling 2.3 per cent on Friday. US oil was down by 43 cents, also almost 1 per cent, at $51.93 a barrel, having decl...

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Piramal Group is all set to Bag DHFL

Piramal Group is all set to Bag DHFL

The minimum requirement for winning a bid is 66 per cent votes. Piramal Enterprises' bid received 94% votes as compared to 45% for the USA -based Oaktree Capital. This included Rs 17,100 crores in...

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RBI Remains Committed To Take Further Important Measures To Support Economy

RBI Remains Committed To Take Further Important Measures To Support Economy

Delivering the 39th Palkhivala Memorial Lecture, the governor said the principal objective during the pandemic period was to support economic activity; and looking back, it is evident that policies ...

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23 people dead in Norway, received Pfizer COVID-19 vaccine days before

23 people dead in Norway, received Pfizer COVID-19 vaccine days before

Until Friday, the vaccine produced by Pfizer and BioNTech SE was the only one available in Norway , and "all deaths are thus linked to this vaccine", the Norwegian Medicines Agency said in a writte...

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Powerball jackpot grows to $730M; Mega Millions to be $850M

Powerball jackpot grows to $730M; Mega Millions to be $850M

There was also no big victor in the Mega Millions Friday, pushing the multistate jackpot to $850 million. Two other tickets doubled the prize to $2 million by including the Power Play option. Virg...

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HDFC Bank stock hits fresh highs on strong Q3 performance

HDFC Bank stock hits fresh highs on strong Q3 performance

The bank, which was barred by the Reserve Bank in November from issuing any new credit cards, reported a healthy increase of almost 9 per cent in the overall advances under the category at Rs 63,332 c...

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Supreme Court backs small businesses over Covid-19 insurance claims

Supreme Court backs small businesses over Covid-19 insurance claims

When the pandemic hit, thousands of businesses made claims on their business interruption insurance but many leading insurers argued that their policies did not provide cover and refused to payout. Ma...

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Equinor, BP win 2.5GW in NY offshore wind auction

Equinor, BP win 2.5GW in NY offshore wind auction

Wind power generator Iberdrola and oil giant Total have teamed up to bid for the Thor offshore wind farm in Denmark. That's enough to power about 2 million homes. This first phase will have an install...

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Hyundai to set up first overseas fuel cell system plant in China

Hyundai to set up first overseas fuel cell system plant in China

The fuel cell systems that will be produced in the plant are to be the same ones that are used for Hyundai Motor's Nexo fuel cell electric sport utility vehicles, the company added. However, it anno...

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Key highlights from JPMorgan Chase (JPM) Q4 2020 earnings results

Key highlights from JPMorgan Chase (JPM) Q4 2020 earnings results

The profits included $1.9 billion in credit benefits, reflecting that the bank now expects fewer loan defaults compared with past year. "You've got a lot of pent-up demand and hopefully optimism by th...

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Canadian firm pulls out of Carrefour takeover after France insists 'No'

Canadian firm pulls out of Carrefour takeover after France insists 'No'

His ministry would need to approve any deal affecting the food distribution sector. Along with other retailers, Carrefour, with roughly a fifth of France's groceries market, played a major role in e...

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Guatemala tries blocking caravan of 9000 Honduran migrants

Guatemala tries blocking caravan of 9000 Honduran migrants

On Saturday, the estimated 5,000 to 6,000 migrants were confronting that nation's police forces at various roadblocks, despite the arrest and deportation back to Honduras of hundreds of people. He las...

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Biden to sign 'roughly a dozen' Inauguration Day orders

Biden to sign 'roughly a dozen' Inauguration Day orders

Those are among roughly a dozen actions Biden will take on his first day in the White House, his incoming chief of staff, Ron Klain , said in a memo to senior staff. The following day will see action...

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Pets, Not Politics: Petco Shares and the PAWZ ETF Surge

Pets, Not Politics: Petco Shares and the PAWZ ETF Surge

The company plans to use that money to pay off debt. Most recently, in 2015, the company traded hands in a private equity deal that valued the brand at $4.6 billion. The figure includes online orders ...

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Oxford-AstraZeneca vaccine boss warns against delaying immunisation rollout in Australia

Oxford-AstraZeneca vaccine boss warns against delaying immunisation rollout in Australia

The agency defended its handling of the vaccines approval process, saying "authorisations are granted when the evidence shows convincingly that the benefits of vaccination are greater than any risks...

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Biden: We’ll ‘manage the hell’ out of feds’ COVID response

Biden: We’ll ‘manage the hell’ out of feds’ COVID response

With the backing of Congress and the expertise of private and government scientists, the Trump administration delivered two highly effective vaccines and more are on the way. US President-elect Joe Bi...

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Kia to introduce new electric vehicle this quarter: Details here

Kia to introduce new electric vehicle this quarter: Details here

The slogan, therefore, is also the company's stated mission - to inspire customers through its products and services, as well as their experiences with the brand. "Changing our corporate name and logo...

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B lands on Best Places to Work in 2021 list

B lands on Best Places to Work in 2021 list

Recent reviews on the site have included feedback such as "Venterra really cares about employees", "I've grown as a person and professional", and "integrity and kindness run rampant". The lists are b...

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United States stocks dip as market awaits Biden stimulus plan

United States stocks dip as market awaits Biden stimulus plan

Falling bank stocks were some of the heaviest weights on the market, even though several of the industry's biggest names reported stronger profits for the end of 2020 than analysts expected. Li said. ...

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Microsoft founder Bill Gates is the biggest farmland owner in US

Microsoft founder Bill Gates is the biggest farmland owner in US

His portfolio includes farmland in Arkansas (47,927 acre), Arizona (25,750 acre), California (4,905 acre), Colorado (2,270 acre), Florida (14,828), Idaho (9,233 acre), IL (17,940 acre), Iowa (522 acre...

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Joe Biden unveils $1.9 trillion USA economic relief package

Joe Biden unveils $1.9 trillion USA economic relief package

There is no time to waste. "We have to act and we have to act now". The vaccine distribution plan is part of Mr. Biden's broader effort to use the current crisis to rebuild the nation's crumbling ...

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Amazon Says Parler Systematically Unwilling To Remove Violent Content

Amazon Says Parler Systematically Unwilling To Remove Violent Content

Apple said, "We have always supported diverse points of view being represented on the App Store, but there is no place on our platform for threats of violence and illegal activity". Groesbeck, a Sp...

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Gold Prices In India Set For Another Day Of decline

After dropping yesterday, the gold price has increased on January 13 by Rs 27 per gram. Gold prices gained Rs 286 to Rs 48,690 per 10 gram in the national capital on Friday following recovery in...

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French ministers oppose potential takeover of retailer Carrefour

French ministers oppose potential takeover of retailer Carrefour

The no is polite but it's a clear and final no", he said. " Carrefour has been approached, in a friendly manner, by the Alimentation Couche-Tard group, with a combination project", Carrefour said...

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How Major US Stock Indexes Fared Thursday

How Major US Stock Indexes Fared Thursday

Overseas, the pan-continental Stoxx Europe 600 gained 0.7%. Japan's Nikkei was down 0.21% after touching three-decade highs in the previous session, Chinese blue-chips lost almost 1% amid worries ov...

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Gold Retreats As Dollar, Treasury Yields Rebound

Gold Retreats As Dollar, Treasury Yields Rebound

Biden unveiled a $1.9 trillion stimulus package proposal on Thursday created to jump-start the economy and speed up the US response to the coronavirus pandemic. "We can not afford inaction."Biden's pr...

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Plea in Delhi high court against WhatsApp’s new privacy policy

Plea in Delhi high court against WhatsApp’s new privacy policy

WhatsApp has become an important mode of communication among the citizens of India and is also being used to aid multiple governmental functions, the petition says. In fact, the opposite is happening...

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Biden unveiling $1.9T plan to stem virus and steady economy

Biden unveiling $1.9T plan to stem virus and steady economy

President-elect Joe Biden has long pledged he would deliver an aggressive plan to address the raging coronavirus pandemic and the painful recession it spawned. His stimulus will build on the two mass...

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China 2020 Exports Up Despite Virus; Surplus Surges to USD 535B

China 2020 Exports Up Despite Virus; Surplus Surges to USD 535B

China's exporters benefited from the relatively early reopening of its economy and demand for masks and other Chinese-made medical supplies. "Demand for China's goods may remain strong in the next...

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