Friday, August 28, 2020

Google Alert - finance

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finance
As-it-happens update August 28, 2020
NEWS
NBCNews.com
Stock-index futures traded mostly higher Friday, with the Dow Jones Industrial Average on track to turn positive for the year to date, as investors look for data on U.S. consumer spending a day after the Federal Reserve announced a policy shift that would allow ...
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Motley Fool
These companies have dominated the past two decades and are perfectly poised to do the same in the coming decades. Chris Neiger. (TMFNewsie). Aug 28, 2020 at 6:12AM. Author Bio. Chris has covered Tech and Telecom companies for The Motley Fool ...
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Reuters
OSLO (Reuters) - Norwegian Air NORR.OL aims to secure funding this year for the next 18 months or more to see it through the COVID-19 pandemic, the budget airline said on Friday after reporting first-half losses of $610 million. FILE PHOTO: A Norwegian ...
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Forbes
New Zealand may be a dream long-haul destination, and arriving there in the future on the flag carrier could involve only Dreamliners. Air New Zealand is evaluating a plan to replace large Boeing BA -1.2% 777s with smaller 787 Dreamliners, giving it a ...
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Nasdaq
... * BoCom's H1 profit 36.5 bln yuan vs 42.75 bln year-ago. * Bad loans rise. * NIM 1.53% at end June vs 1.55% at end March (Adds comments from officials). By Cheng Leng and Engen Tham. BEIJING/SHANGHAI, Aug 28 (Reuters) - Bank of Communications ...
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American Banker
Credit unions fear that a fee to be imposed by Fannie Mae and Freddie Mac on refinanced mortgages could dampen the otherwise booming business line. Earlier this month, Fannie Mae and Freddie Mac said they would apply an "adverse market fee" of 0.5% ...
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YLE News
(Adds details, analyst comment). HELSINKI, Aug 28 (Reuters) - Finland's second-quarter economic output fell 4.5% from the previous quarter, Statistics Finland said on Friday, outstripping an earlier flash estimate of a 3.2% drop. The second-quarter gross ...
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Nasdaq
By Rocky Swift. TOKYO, Aug 28 (Reuters) - Japan is making an aggressive move to grab enough coronavirus vaccine to inoculate its population four times over, a push the government hopes will instil confidence that it can host a delayed Summer Olympics ...
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Washington Post
WASHINGTON — The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after inflation has exceeded its 2% target level. Support our journalism. Subscribe today.
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WFMZ Allentown
COLUMBUS, Ohio, Aug. 28, 2020 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today reported net income of $452.0 million, or $11.29 per diluted share, for the second quarter of fiscal 2020 ended August 1, 2020. This result includes a one-time, after-tax benefit ...
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Fortune
Tesla Motors has emerged as the leading seller of electric vehicles in China this year, shipping over 50,000 units to date. But, in Europe, registrations for the California company's EVs plummeted 76% in July, as local government subsidies spur competition.
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News24
(Adds details). JOHANNESBURG, Aug 28 (Reuters) - South African retailer Steinhoff International Holdings on Friday reported a 6% decline in sales for the nine-months to June 30, due to COVID-19-related trading restrictions imposed worldwide. Steinhoff ...
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Reuters
(Reuters) - Boeing Co (BA.N) called on airlines to pull eight 787 Dreamliners from service, after the planemaker found a manufacturing issue in the jet's structure, The Air Current reported on Friday. This instruction from Boeing took place earlier this week after ...
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The Sun Daily
KUALA LUMPUR, Aug 28 (Reuters) - Malaysia's CIMB Group Holdings Bhd reported a 81.6% drop in second-quarter net profit, largely due to the coronavirus pandemic impact on economies, the bank said in a bourse filing on Friday. The lender, Malaysia's ...
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KITV Honolulu
A peach recall has expanded to include loose peaches and peach products after 78 people were sickened in 12 states by salmonella poisoning linked to the fruit, the US Centers for Disease Control and Prevention said Thursday. Of the 78 reported cases of ...
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CNET
Many enthusiasts bemoan the advent of electric cars because they lack the classic soundtrack to which we've become accustomed. Sure, an EV lacks the drama of a car with a high-strung V12 or an angry, burbling V8, but you'd have to be a total wet blanket ...
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Yahoo Sports
(Reuters) - Amazon.com Inc said on Friday it had ordered 1,800 electric vans from Mercedes-Benz for its European delivery fleet, as part of the online retailer's plans to run a carbon neutral business by 2040. A majority of the electric vehicles from Daimler AG's ...
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Chattanooga Times Free Press
WASHINGTON (AP) — Home sales are booming. Stocks are setting record highs. Industrial production is clambering out of the ditch it fell into early this year. And yet the U.S. economy is nowhere close to regaining the health it achieved, with low ...
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WGN-TV
CHICAGO (AP) — United Airlines said Thursday that it will furlough up to 2,850 pilots this fall unless the federal government provides more relief to help airlines cover their labor costs during a pandemic-fueled downturn in travel. United's figure is higher than ...
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KTVZ
Trading was disrupted on New Zealand's financial markets for a fourth consecutive day on Friday as the country's stock exchange struggled to repel a cyberattack that originated overseas. New Zealand's Exchange (NZX) opened at 1 p.m. local time on Friday, ...
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Economic Times
NEW DELHI: Confidence among Dalal Street investors, which looked shaky in the last couple of sessions, improved substantially on Friday after central banks in the US and India said they were not rushing to withdraw Covid-19 relief measures.
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CNN
When you're applying for credit, whether it's a mortgage, a personal loan or a credit card, your lender will almost always look at your credit score. But what exactly does your credit score mean, and what's a good credit score versus a bad one? Before we get ...
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Economic Times
Kolkata: Domestic gold and silver rose on Friday, tracking firm overseas prices. Bullion prices have gone up in international markets due to weak US dollar and data suggested that the world's largest economy is struggling from a COVID-19-induced economic ...
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Nasdaq
BENGALURU, Aug 28 (Reuters) - India's Future Enterprises Ltd FURE.NS is all set to finalise the sale of the group's retail business to Mukesh Ambani-led Reliance Industries Ltd's RELI.NS retail arm on Saturday, The Economic Times said. The deal ...
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Car and Driver
When the online reservation system goes live, customers can configure and reserve their ID.4 with a $100 refundable deposit. They'll then be able to track their vehicle's status via the My VW portal. An additional $400 deposit is required when the configuration ...
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The Irish Times
The reopening of bars that sell food boosted retail sales in July, new figures show. Retail sales were up 1.5 per cent compared to June in volume terms and were 6.4 per cent higher than in the same month a year earlier, according to new figures from the ...
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Devon Live
Pret a Manger has become the latest high street chain to slash jobs after it cut 2,800 store roles as part of a major restructure. The coffee and sandwich chain has said more staff will be affected by its cost-saving shake-up than first thought, after suggesting in ...
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Capacity Media
14m | Melanie Mingas. AddThis Sharing Buttons. Share to Facebook Share to Twitter Share to LinkedIn Share to WhatsApp Share to Email. Cover. Chinese phone manufacturer Transsion has still not responded to claims that it sold low-cost devices ...
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ETTelecom.com
By Mathieu Rosemain PARIS: Bouygues will replace 3,000 Huawei-made mobile antennas in France by 2028 following a decision by the country's authorities to remove equipment made by the Chinese company from highly-populated areas, Bouygues's ...
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seattlepi.com
Like most other beloved annual traditions and festivals, the Great American Beer Festival (GABF) has announced that it will be virtual this year on Oct. 16-17 amid the COVID-19 pandemic. The festival, now in its 39th year, is considered to be the country's ...
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Saurenergy
On August 21, the Central Electricity Authority (CEA), the premier national body tasked with laying down the roadmap to power for all citizens, and the policy interventions to get there, released a report on India's solar and wind sector. Titled simply as " Report ...
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India Today
Aston Martin and The Little Car Company have announced the DB5 Junior, a two-thirds scale electric junior car. Developed over the last 15 months as in collaboration between the two companies, the junior car is based on Aston Martin's reference 3D scan of ...
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Verdict
Europe and North America saw an overall decline in smartphone sales in Q2 2020 as stores remain closed and recovery was slow. Sales declines in April, which was the hardest hit, were offset by an uptick in June, as stores reopened across Europe and the ...
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Business Insider India
Petrol price has maintained its rise with the fuel price increasing again on Friday, while diesel is holding on to its price line that it has maintained since July 30. In the international market, crude price has also remained firm with benchmark Brent crude ...
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Gizmodo Australia
Tesla makes the Model S, the Model X, the Model 3, and the Model Y, two of which were genuinely groundbreaking, one of which has become the volume sales success Tesla needed, and the other the possible sales success Tesla still needs. But CEO Elon ...
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International Chamber of Commerce
The International Chamber of Commerce (ICC) and the World Travel & Tourism Council (WTTC) have published a set of recommendations for safely re-opening customer facing businesses in the age of COVID-19. The COVID-19 pandemic has caused ...
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