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This region minted the most billionaires last year There were more new billionaires created in Asia last year than in any other region, according to data firm Wealth-X's Billionaire Census 2020. The region's wealthy recovered from market fluctuations that battered their finances in 2018 to record an uptick in ...
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PPP loans are ending. Here's where small businesses can turn now The Paycheck Protection Program has about $130 billion in remaining funds. Small-business owners won't be able to access that money after June 30, however. There are other options available to ailing businesses, but they may be limited or come with ...
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Dow under pressure but tech rallies as investors await Powell, Mnuchin testimony on the coronavirus response Within the U.S., COVID-19 infections have climbed in 35 states over the past 14 days, according to a New York Times tracker. AFP/Getty Images. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon; Resize icon ...
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US Home-Price Growth Accelerated in April Home-price growth accelerated in April, even as home sales dropped sharply that month, due to a limited supply of homes for sale in many markets. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major ...
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European markets retreat as coronavirus fears hang over recovery hopes China's official manufacturing Purchasing Manager's Index for June came in above expectations. China's official manufacturing PMI for June came in at 50.9, according to data released by the country's National Bureau of Statistics. Tedros Adhanom ...
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iHeartMedia Launches National Radio-News Service for Black Community iHeartMedia Inc. is launching a national news network focused on the Black community. Black Information Network, or BIN, is set to go live Tuesday, with 15 radio stations across the country, plus an online presence, and more stations coming over the next two ...
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From $82 Million Wedding To Bankruptcy, The Descent Of Lakshmi Mittal's Brother The flamboyant brother of one of India's richest men, who made headlines worldwide after lavishing $82 million on his daughter's wedding, has been declared bankrupt owing $160 million. Pramod Mittal is understood to have lost vast amounts of money in a ...
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The World Is Getting Windier – Benefit Or Bust For Offshore Wind Farms? Offshore wind is a rapidly maturing renewable energy technology that is playing an increasingly important role in energy systems. Two years ago, offshore wind provided just a fraction of the global electricity supply, but it is now looking to expand in the coming ...
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Koji wants to do for games, memes, and selfies what TikTok did for music While most social platforms have found new ways to democratize content creation, TikTok represented a paradigm shift in how content can be repurposed. advertisement. TikTok's popularity largely hinges on how users remix existing video and audio clips, ...
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'So far so V', Bank of England's Haldane says of UK recovery LONDON (Reuters) - Recent signs suggest Britain is on course for a V-shaped economic recovery from the coronavirus lockdown but there is still a risk of high and persistent unemployment, the Bank of England's chief economist Andy Haldane said on ...
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Meet The College Dropout Who Just Raised Nearly $13 Million To Create Smart Robots Prior to manufacturers releasing their products for sale, the goods have to go through a process of quality inspection during which inspectors assiduously make sure the items are in good shape and meet the necessary standards. During the process, the ...
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Walgreens hopes new digital tools will help reel in more loyal customers New York (CNN Business) Walgreens is hoping a new slate of tech tools will help it build stronger relationships with customers and keep pace with the rapidly occurring tech transformation in the pharmacy industry. Walgreens Boots Alliance (WBA) is ...
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ConocoPhillips to restore curtailed production in Alaska in July ConocoPhillips said Tuesday it expects to restore curtailed production in Alaska sometime in July. The energy giant said it "will continue to make economically driven production decisions at the asset level in the months ahead." The company said curtailments ...
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FDA to issue guidance on COVID-19 vaccine approval WASHINGTON—The Food and Drug Administration plans to release guidance Tuesday outlining its conditions for approving a Covid-19 vaccine, including a requirement that any vaccine be at least 50% more effective than a placebo in preventing the ...
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PRECIOUS-Gold eyes best quarter in four years as virus fears persist ... * Gold on track for third straight monthly gain * U.S dollar holds near 1-month high * Fed Chair says US economic outlook "extraordinarily uncertain" (Recasts, adds comments, updates prices) By Nakul Iyer June 30 (Reuters) - Gold hovered close to its ...
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Inovio Virus-Vaccine Candidate 'Deemed Safe' in Phase I Test Inovio Pharmaceuticals (INO) - Get Report said Tuesday that INO-4800, its experimental coronavirus vaccine, was "deemed safe and well-tolerated" in all 40 of the participants in a Phase I clinical trial. The Phase I trial of INO-4800 enrolled 40 healthy adult ...
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Anaemic Euro Zone Inflation Unexpectedly Ticks Up BRUSSELS/FRANKFURT — Euro zone inflation unexpectedly rose in June but underlying price pressures dropped again, underscoring fears that consumer price growth will remain anaemic for years as the bloc recovers from the biggest recession in living ...
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GrowGeneration raises $42 million in equity offering GrowGeneration Corp. GRWG, -7.19% priced an upsized offering of 7.5 million shares at $5.60 each on Tuesday, to raise $42 million. The operator of hydroponic and organic garden centers originally planned to raise just $35 million in the offering. Proceeds ...
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China's Kingold Shares Tank on Report of Fake Gold Bars BEIJING — Kingold Jewelry Inc's New York-listed shares fell as much as 40% on Monday following a media report that alleged the Chinese company had obtained loans by using fake gold bars as collateral. Kingold chairman Jia Zhihong was cited in the ...
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Lufthansa to resume service at Houston's George Bush Intercontinental Airport Germany-based Lufthansa Group will resume service at Houston's George Bush Intercontinental Airport (IAH) on July 1. Lufthansa will operate three weekly flights on Mondays, Wednesdays and Fridays from IAH to the airline's largest hub in Frankfurt, ...
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Fivetran raises $100M Series C funding round Fivetran, a data integration player focused on cloud data warehouses, today announced it has closed a $100M Series C funding round, led by Andreessen Horowitz and General Catalyst, and with participation from previous-round investors CEAS Investments ...
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Jabil launches operation to make face masks and other PPE for companies reopening amid pandemic Jabil Inc. JBL, +5.52% said Tuesday it is launching an operation in the U.S. to make face masks and other personal protective equipment for businesses that are reopening amid the coronavirus pandemic. St. Petersburg, Fla.-based Jabil, which offers ...
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TRD Insights: The 56 REITs whose bonds the Fed will buy The envelope, please. As part of its many-pronged response to the severe credit crisis, the Federal Reserve established a secondary market corporate credit facility to buy corporate bonds issued by highly rated companies — including real estate firms.
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Taco Bell tries to juice app downloads with free chalupa deal Taco Bell is trying to boost its mobile app subscriptions by enticing customers with a free Chalupa Cravings Box. Continue Reading Below. For one day only, customers who register on the Taco Bell app will be able to pick up their free offering, consisting of a ...
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Zynerba's Cannabis-Based Drug for Rare Genetic Disorder Fails Study (Reuters) - Zynerba Pharmaceuticals Inc said on Tuesday its experimental cannabis-based gel Zygel was not statistically significant in improving aberrant behavior when compared to a placebo in patients with a neurological disorder called Fragile X ...
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Silver Cross Hospital Named to the Fortune/IBM Watson Health™ 100 Top Hospitals List Silver Cross Hospital in New Lenox has been named to the Fortune/IBM Watson Health 100 Top Hospitals list. This is the eighth time Silver Crosshas been recognized with this honor as one of the top performing hospitals in the U.S. The annual list was ...
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Easyjet to close hubs at Stansted, Southend and Newcastle airports and sack 727 pilots Budget airline easyJet is preparing to place 727 pilots on redundancy and axe three major UK airport bases as part of a huge restructuring following the global coronavirus pandemic. The company said hundreds of pilot positions are at risk - with formal ...
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Google removes misleading ads in voting-related searches By Elizabeth Culliford. (Reuters) - Alphabet Inc's Google said on Monday that it had removed search ads that charged users searching for voting information large fees for voter registration or harvested their personal data. A Google spokeswoman told Reuters ...
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India records marginal surplus on current account in January-March on lower trade deficit Lower trade deficit was one of the prime reasons for the improvement in the current account balances both for the March quarter as well as for the whole fiscal year. Share · Next. Private transfer receipts, mainly representing remittances by Indians employed ...
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SolGold looks to consolidate Ecuador copper project SolGold has launched a C$140m ($102m) all-stock offer to buy the Canadian group that owns a minority stake in its Alpala project, one of the world's largest and highest-grade copper deposits. The London-listed miner is proposing to ...
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AAA: Demand for gas rises, CT prices 70 cents lower than last year As the July Fourth holiday nears, AAA is reporting a 10 percent increase in gasoline demand. In the last week, gasoline demand, as estimated by the Energy Information Administration, increased from 7.8 million barrels to 8.6 million barrels. While the demand ...
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Greece flights cancelled: EasyJet, TUI and British Airways issue update to customers Airlines have cancelled all flights and holidays to Greece. EasyJet, TUI and British Airways have issued updates to customers after the Greek government extended its ban on flights from the UK until July 15. Greece previously said it would resume flights ...
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India's next fiscal GDP forecast trimmed; Fitch cuts GDP growth projection to this much for FY22 In its June update of Global Economic Outlook, Fitch projected Indian economy to grow 5.5 per cent in 2022-23. Share · Next. In May update to the oulook, Fitch had projected 9.5 per cent growth in 2021-22. Related News. new tax regime, income tax, CBDT, ...
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Microsoft pauses Facebook, Instagram advertising spending Microsoft has paused global advertising spending on Facebook and Instagram because of concerns about ads appearing next to inappropriate content, according to a person familiar with the matter. The software giant spent an estimated $116 million in ...
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July blood drives APACHE COUNTY — Donate blood and your donation will be tested for COVID-19 antibodies. An authorized Food and Drug Administration test, it indicates if the donor's immune system has produced antibodies to the virus, regardless of whether they ever ...
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Pa. unemployment benefits extended for first time since Great Recession Pennsylvanians who exhaust their regular unemployment compensation benefits and federal Pandemic Emergency Unemployment Compensation (PEUC) can qualify for an up to 13-week extension beginning this week. Login ...
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Commerzbank reportedly considering 7000 more redundancies Commerzbank's supervisory board is reportedly set to discuss the possibility of another 7,000 job cuts, in addition to the 4,300 redundancies already announced by the German lender. Commerzbank is now considering closing 400 of its 1,000 German ...
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Chinese EV startup Byton to suspend production from July 1 for reorganisation SHANGHAI: China-based electric car startup Byton said on Tuesday it will suspend production from July 1 to conduct a reorganization of the firm after being hit by the coronavirus pandemic. The company, which is backed by state-owned automaker FAW ...
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UPDATE 1-Hong Kong May retail sales tumble as spending, tourism evaporate (Adds tourism numbers, retail data breakdown, government comment). * May retail sales value drop 32.8% y/y, 16th month of decline. * May tourist arrivals plunge 99.9% y/y, down for 11th month. * Retail remains difficult amid travel restrictions - govt.
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Santander set to hire William Vereker as UK chairman Santander is close to naming William Vereker, the former business envoy of former prime minister Theresa May, as its new UK chairman, tasked with overseeing one of the country's largest high street banks amid the coronavirus pandemic. ...
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Pancake maker out, kale tarts in as Qantas reopens lounges Qantas will remove the buffet, toastie and pancake maker from its lounges when 11 reopen on 1 July – but has come up with a host of innovative solutions to make them COVID-safe. An all-day 'snacking station' will replace the traditional buffet, and customers ...
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Elk Grove, Sacramento Cinemark theater reopenings delayed until late July SACRAMENTO, Calif. — Anyone hoping to catch a movie over the 4th of July weekend at the Cinemark might be sorely disappointed. Back on June 20, Cinemark Theatres sent an email titled "The big screen misses you!" to some of its guests. The email ...
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