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Asian shares gain on stimulus hopes, Trump leaving hospital Shares advanced Tuesday in Asia after hopes for fresh economic stimulus helped Wall Street recover its losses from the initial shock of learning President Donald Trump had tested positive for the coronavirus. Support our journalism. Subscribe today.
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Ÿnsect, the makers of the world's most expensive bug farm, raises another $224 million Ÿnsect, the startup building the world's most high tech bug colony, have added $224 million in equity and debt to an already impressive $148 million cash haul as it looks to commercialize its business. Investors backing the company include the Los ...
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Chrysaor takes over Premier Oil, creating largest London-listed independent oil-and-gas group Shares in Premier Oil soared more than 14% on Tuesday, after the oil explorer agreed a reverse takeover that will create the largest London-listed independent oil-and-gas group, producing more than 250,000 barrels of oil a day. Under the terms of the deal, ...
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US indicts anti-virus software creator John McAfee for tax evasion Federal prosecutors unsealed an indictment against anti-virus software developer John David McAfee over charges that he evaded taxes and willfully failed to file tax returns. He is alleged to have earned millions in income from promoting cryptocurrencies, ...
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Old ATM Gets Big Upgrade As NCR Unveils 'NextGen' Cash Machine As the banking world goes increasingly digital, the clunky old ATM is getting a badly need reboot. NCR Corp. on Monday (Oct. 5) unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing ...
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NVIDIA BlueField-2 DPUs Set to Ship In 2021, Roadmaps BlueField-3&4 By 2023 Continuing this morning's run of GTC-related announcements, NVIDIA is offering yet another update on the state of their Data Processing Unit (DPU) project. An initiative inherited from Mellanox as part of that acquisition, NVIDIA and Mellanox have been ...
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Hit by commodity defaults, banks in Singapore develop digital trade registry SINGAPORE (Reuters) - Some of the world's biggest banks in commodity trade finance are creating a digital trade finance registry in Singapore to reduce risk of trade fraud and boost transparency after losing billions of dollars due to a spate of defaults.
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Southwest seeks pay cuts from unions to avoid layoffs through 2021 CHICAGO (Reuters) - Southwest Airlines LUV.N said on Monday it is asking unions to agree to pay cuts in order to prevent furloughs and layoffs through 2021 as the industry struggles to stem losses from the coronavirus pandemic in the absence of more ...
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PayPal Now Has One More Way to Monetize Venmo -- and Battle Square PayPal's (PYPL) - Get Report launching of a Venmo credit card gives it one more way to monetize the peer-to-peer (P2P) payments platform. It also gives Venmo one more selling point as Square's (SQ) - Get Report rival Cash App grows at a dizzying pace.
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Oil holds gains after Trump's return to White House Prices fell sharply last Friday when Trump went into hospital, then climbed more than 5% on Monday after he said he would return to the White House and as hopes grew that a deal could be agreed for a U.S. economic stimulus package to counter the impact ...
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Goldman Sachs says Asia is 'best positioned' for economic recovery Asia is well placed for economic recovery compared to the rest of the world because it has mostly successfully contained the coronavirus, said Andrew Tilton, chief Asia economist at Goldman Sachs. Globally, he said momentum in the industrial sector remains ...
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Walden Biosciences to Fight Kidney Disease With $51 Million Series A Walden Biosciences Inc. has raised $51 million in venture financing to develop drugs for kidney disease, one of a series of recent investments in a field that has received little venture capital. Kidney illnesses are common. For example, chronic kidney disease, ...
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Australia's central bank keeps rates on hold SYDNEY--The Reserve Bank of Australia left its official cash rate and its three-year government bond yield target unchanged at its monthly policy meeting Tuesday but said it continues to explore options for further stimulus. The RBA kept its official cash rate at ...
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One Senior Place: Medicare can be confusing; we break it down as Open Enrollment nears Reader question: If I don't like my Medicare Plan, can I change it? Answer: Let's start with the basics. You probably know that Medicare provides health insurance for Americans over 65. It also covers people of any age who are disabled, have end-stage renal ...
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Australian casino billionaire James Packer agrees he sent 'shameful' email threats By Byron Kaye. SYDNEY (Reuters) - Australian casino billionaire James Packer on Tuesday acknowledged sending threatening emails in 2015 to an unnamed person with whom he was working on taking Crown Resorts Ltd private while a director at the ...
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Vistra Corp. to close coal power plants in Illinois, Ohio CHICAGO (AP) — A Texas-based company has announced the closure of its remaining coal-fired power plants in Illinois and two in Ohio as part of a plan to transition to renewable energy and reduce the company's carbon footprint. Vistra Corp., had already ...
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Google, Oracle Financed Many Supporters in Supreme Court Faceoff Alphabet Inc.'s Google and Oracle Corp. will face off in the U.S. Supreme Court on Wednesday in a multibillion-dollar copyright dispute with sweeping implications for technology and media companies worldwide. But the finale of the high-stakes litigation, ...
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Airbus A220-100 to evolve as 'TwoTwenty' corporate jet Airbus's corporate jet division has formally unveiled an executive version of its A220-100 twinjet, which will be able to operate across a range of up to 5,650nm (10,500km). The aircraft – which will be branded the ACJ TwoTwenty, a deviation from prior ...
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Sensex Surges 600 Points, Nifty Settles Above 11650 Led By Banks The S&P BSE Sensex and NSE Nifty 50 indexes staged a strong rally on Tuesday led by buying interest in banking and financial services heavyweights HDFC, HDFC Bank, ICIC Bank, Kotak Mahindra Bank and Bajaj Finance. The benchmarks staged a gap ...
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Walmart approves 175 new products in virtual Open Call, evaluating hundreds more LITTLE ROCK — Walmart said it handed out more than 175 "yes" cards and another 450 businesses are still being considered for their products from the retail giant's virtual Open Call held Oct. 1. The annual event has become an important way Walmart finds ...
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Stellwagen Group to rebrand as Seraph Aviation Group Dublin-headquartered aviation asset manager Stellwagen Group has announced that it is to rebrand as Seraph Aviation Group. The company is a provider of aircraft management services, offering a broad range of aircraft and lease management services to ...
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Updated Jaguar XF launched The new 2020 Jaguar XF has been revealed, sporting a host of technological changes over the previous version. There's a new touchscreen infotainment system, plus a mild-hybrid diesel engine to reduce emissions. Styling changes amount to deeper air ...
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RBI widely seen holding rates at policy meeting ending Friday MUMBAI : The Reserve Bank of India is widely expected to keep rates steady when its two-day monetary policy committee (MPC) meeting concludes on Friday. The RBI said it will hold the MPC meeting from Oct. 7 to OCt. 9, having delayed it by a week in ...
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Miso Robotics Announces Commercial Availability of Flippy ROAR Miso Robotics today announced the commercial availability of its cooking bot, Flippy Robot on a Rail (ROAR). The company also announced that it is working with TimePayment so restaurants interested in adding Flippy to their kitchens can do so with no ...
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Amazon India to host month-long festive sale from October 17 Illustration: Rahul Awasthi Amazon India on Tuesday said it will host a month-long mega festive sale starting on October 17, a break from its tradition of organising multiple smaller events in the period between the festivals of Navratri and Diwali. The US-based ...
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E-scooters arrive in Liverpool as new vehicles available around the city centre A new e-scooter trial begins today in Liverpool, giving commuters, tourists and residents a new way to travel around the city centre. The trial is a joint initiative from the Liverpool City Region Combined Authority and the city council, and will see Swedish-based ...
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Co-operative Bank CEO responsible for digital transformation to step down The Co-operative Bank has announced that its Chief Executive, Andrew Bester, will step down from his role - as well as standing down as a Director at its parent company. The sudden move means that the bank has launched a search for a successor to ...
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GCPL expects to clock close to low double-digit Q2 sales growth MUMBAI: Godrej Consumer Products (GCPL) is expected to deliver close to low double-digit year on year (y-o-y) sales growth in India in the second quarter ended September 30, 2020. In an update to the stock exchanges, GCPL said demand trends in its ...
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Majority of Aussies don't want another round of super withdrawals Photo by Handy Wicaksono on Unsplash. With another round of emergency super withdrawal potentially being introduced, the majority of Australians aren't too keen on the idea. The Assistant Minister for Superannuation, Financial Services and Financial ...
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NCDOT and Skydio Secure the First True BVLOS Waiver Under Part 107 Brendan Groves. Today, just a few months after the announcement of the nationwide Tactical BVLOS waiver, we are celebrating another first-of-a-kind regulatory achievement that allows the North Carolina Department of Transportation (NCDOT) to fly Skydio ...
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Netflix just made it easier to find something new to watch Netflix is trying to surface more new shows in one place. The company announced that it's going to group some of its content rows together into a tab called New & Popular. This section will only show up on TV devices and is rolling out widely after first being ...
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Etihad discounts student fares ABU DHABI, UAE, 6 October 2020: Etihad Airways is making it easier for students to travel between the university and home with the launch of its Global Student offer. Students who book before 30 November 2020, for travel by 30 September 2021, will save ...
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