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OPEC+ Sees Tighter Oil Market and Sharp Fall in Global Stocks OPEC and its allies tightened their outlook for global oil markets, forecasting that inventories will fall sharply over the rest of this year if they don't raise production further. The group's Joint Technical Committee, assessing the market before ministers meet on ...
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Cryptocurrency poses a significant risk of tax evasion Virtual currencies like bitcoin and ethereum offer a way to shield income from the IRS. That's largely due to lax reporting requirements, which means the federal government may be blind to certain transactions, according to tax experts. The Biden ...
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Ghana Surprises With Rate Cut to Support Nascent Recovery The monetary policy committee reduced the rate to 13.5% from 14.5%, Governor Ernest Addison told reporters Monday in Accra, the capital. All four economists in a Bloomberg survey expected the rate to remain unchanged.
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Atlantia Backs Landmark Sale of Autostrade to Italy State Lender The battle to control Italy's largest highway operator neared its end on Monday, almost three years after a deadly bridge collapse in the city of Genoa sparked rounds of acrimonious talks between the billionaire Benetton family and the government.
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Privacy group targets website 'cookie terror' A privacy group has lodged hundreds of complaints against what it calls "cookie banner terror" online. Noyb, headed by well-known Austrian privacy advocate Max Schrems, is targeting companies which it says deliberately make it hard to opt-out of tracking ...
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Today's Mortgage Refinance Rates -- May 31, 2021: Rates Are Mixed The average 30-year refinance rate today is 3.257%, up 0.003% from Friday. At today's rate, you'll pay principal and interest of $435.00 for every $100,000 you borrow. That doesn't include added expenses like property taxes and homeowners insurance ...
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Here's what happens—and what to do—if you can't pay your federal student loans Federal student loans go into repayment when a borrower graduates or leaves school. However, most federal student loan borrowers are given a grace period. Borrowers with Direct Subsidized, Direct Unsubsidized or Federal Family Education Loans ...
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FDA Warns of Bogus Fertility Claims for Some Supplements MONDAY, May 31, 2021 (HealthDay News) -- Women who are struggling to get pregnant, beware of false dietary supplements that claim to help cure infertility and other reproductive health issues. Such supplements are not approved by the U.S. Food and ...
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Ukraine grain exports fall 23% so far in 2020/21 season -ministry KYIV, May 31 (Reuters) - Ukraine's grain exports have fallen by 23% in the first 11 months of the 2020/21 July-June season to 41.85 million tonnes, agriculture ministry data showed on Monday.
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UPDATE 1-European stocks retreat from record highs, Deutsche Bank drags (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window). * STOXX 600 eyes fourth month of gains. * Deutsche Bank slides on report of Fed warning. * Trading volumes light as US, UK markets closed (Adds ...
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UPDATE 2-Vietnam stops more inbound flights, tightens curbs in biggest city (Recasts, adds details, WHO representative comments). HANOI, May 31 (Reuters) - Vietnam announced the suspension of incoming international flights to its capital and tightened restrictions in its biggest city on Monday, as part efforts to contain a coronavirus ...
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Could electric car incentives save you thousands? (NerdWallet) – I recently made a good deal on my third electric car, and it reminded me of how different the process is than shopping for an ordinary gas-powered vehicle. While much of the conventional car-buying advice still applies, there are additional ...
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Column: Eight kids and a nun may have doomed coal's future: Russell A court ruling that Royal Dutch Shell must speed up plans to curb greenhouse gas emissions rocked the global oil and gas industry, but another decision in a case brought by eight school-aged teens and a nun may end up being more significant. The order by ...
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How to make jams, jellies and preserves in 5 simple steps If you've got great fruit, you're most of the way to making great jam. The rest is just creativity, time and confidence. Laurel Burleson, chef and owner of Ugly Apple Café in Madison, Wisconsin, once taught a small class about how to turn summer fruit into ...
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'Black Is Beautiful' Beer By Black Brewer Helps Pour Money Into Social Justice Reform The turning point for Marcus Baskerville came one morning when he was driving down the highway, and heard on the radio about the fatal police shooting of Breonna Taylor. Joining a street protest wasn't his style, but what could he, as one of the few Black ...
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French investigators question ex-Nissan boss Ghosn in Beirut French investigators on Monday began questioning former Nissan and Renault CEO Carlos Ghosn over allegations of financial misconduct three years after his initial arrest in Japan. The Associated Press reported that Lebanese judicial officials, who spoke ...
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What stores are open and closed on Memorial Day (CNN) A year ago, states were starting to ease coronavirus restrictions while warning Americans not to gather with large groups for Memorial Day out of concern for a second wave of infections. This year, celebrations for the unofficial start of summer may look ...
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Sub-postmasters launch legal bid to be classed as workers More than 120 sub-postmasters have brought an employment lawsuit against the Post Office arguing they should be classed as "workers" and entitled to paid holiday, pension rights and sick pay. The high-profile case, due to be heard ...
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Intel CEO reiterates warning that global chip shortage could last years Rodgers Silicon Valley Acquisition CEO TJ Rodgers argues car makers are feeling the strain of the semiconductor shortage due to their inefficient supply chains. Intel Corp.'s CEO reiterated on Monday that ...
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Top bankers can now bypass strict quarantine rules in Hong Kong London (CNN Business) Hong Kong is giving some top finance executives a pass on its strict quarantine rules in an attempt to protect business in the city from harsh coronavirus restrictions. The city's government has announced that two senior leaders at ...
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High levels of cancer-causing ingredients in several sunscreen brands, study says Valisure is an online pharmacy that tests medications and supplements for safety and consistency. Valisure says it analyzed 294 unique batches of sunscreen from 69 different companies. 14 batches of sunscreen contained between 2.78 and 6.26 parts ...
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UPDATE 2-Malaysian regulator investigates oil services firm Serba Dinamik (Adds company statement). KUALA LUMPUR, May 31 (Reuters) - Malaysia's Securities Commission said it has begun an investigation into oil and gas services firm Serba Dinamik Holdings Bhd after the company's auditors flagged issues last week. On Friday ...
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Voice of the consumer: Package delivery scams new spin on same old tricks Our 11 News Call For Action team pens a weekly column for our news partner The Gazette. Previous columns can be found here. COLORADO SPRINGS, Colo. (KKTV) - This week, I want to tell you about a new package delivery scam the Better Business ...
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American, Southwest extend alcohol service suspension due to unruly passengers Major airlines American and Southwest will extend their suspensions of in-flight alcohol service following a rise in incidents involving unruly passengers. With travel now getting closer to pre-pandemic levels, there have been a growing number of altercations ...
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'Bunch of promises': Tabcorp bidder takes swipe at rival The local chief of bookmaking giant Entain has lashed one of his rivals in the race to buy Tabcorp's wagering and media business, labelling BetMakers "a bunch of promises" and declaring only Entain can offer Tabcorp investors and the racing industry ...
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NY Lifts Statewide Virus Curfew for Indoor Bars, Eateries Bars and restaurants no longer have to close at midnight across New York state, as its coronavirus curfew for indoor dining ended Monday. Gov. Andrew Cuomo announced last month that the restriction would be lifted. With that, establishments can return to ...
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What restaurants are open Memorial Day 2021? Starbucks, McDonald's, Chick-fil-A and more If you're looking to grab a bite to eat or a cup of coffee on Memorial Day, there are many options to choose from Monday. Most Starbucks, McDonald's and Dunkin' locations will be open, along with IHOP, Denny's and Waffle House restaurants nationwide.
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Richmond health district hosting COVID-19 testing, vaccinations this week RICHMOND, Va. (WRIC) — The Richmond and Henrico Health District continues to provide residents with the opportunities to get vaccinated. This week, the health district is hosting seven vaccination events and a COVID-19 testing location. If you are ...
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Tesco, Aldi, Lidl, Supervalu and Dunnes Stores share one key message to shoppers across Ireland More people will be able to gather with friends and loved ones as lockdown measures are further eased across Ireland in June. From Wednesday, June 2, hotels, B&Bs, guesthouses and self-catering accommodation will reopen. On June 7, outdoor services ...
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RBI clears air on cryptocurrency trading, asks banks to perform customer due diligence The Reserve Bank of India(RBI) today clarified that banks and other entities cannot cite its 2018 order on virtual currencies as it has been set aside by the Supreme Court of India in 2020. The clarification from the central bank will come as a sign of relief for all ...
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H&M to launch second-hand online clothing offshoot Sellpy in Ireland Fashion retailer H&M is to launch its online second-hand clothing business Sellpy in Ireland as part of a significant European expansion drive. Sellpy is a growing player in the area of clothing 're-commerce', but to date has only been online in its home market ...
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'Lists and sags': Questions around PEXA's $3.3b valuation Property settlements platform PEXA is set to become the largest float in almost three years after its majority shareholder Link Administration opted to maximise the company's potential value. Link has been exploring options to sell its 44 per cent shareholding ...
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Nifty ends at record high, Sensex nears 52K; RIL, ICICI Bank, Airtel, Dr Reddy's top gainers Reliance Industries was the top Sensex gainer surging 3.13 per cent, followed by ICICI Bank, Bharti Airtel, Dr Reddy's, Maruti, ITC, NTPC and Axis Bank.
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Nestle, under fire over unhealthy products, working on new strategy ZURICH (Reuters) – Nestle said on Monday it was working on updating its nutrition and health strategy after the Financial Times reported an internal document at the food giant described a large portion of its food and drinks as unhealthy. The newspaper said ...
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Centre gives approval to 4 firms under PLI scheme for bulk drugs The Department of Pharmaceuticals had launched the PLI scheme for promotion of domestic manufacturing of critical bulk drugs — Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs). It envisages setting up ...
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Japan Nikkei falls on profit-taking selloff Japan share market finished lower in subdued trade on Monday, 31 May 2021, as investors secured profits from the Nikkei's sharp rise late last week. Meanwhile, profit taking selloff fueled further amid downbeat retail sales figures and the government ...
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German inflation hits highest mark in a decade in May Consumer prices in Europe's top economy rose by 2.5% year-on-year, the Destatis statistics agency said, as Germany mounts a recovery from the coronavirus outbreak. The last time that rate was reached ...
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Air Sinai's Airbus A220s Set To Fly For Nigeria's Ibom Air With Egyptair set to take over covert subsidiary Air Sinai's Tel Aviv routes, its two Airbus A220-300s were looking for a new home. Now, it seems they will be heading to the west coast of Africa to join the fleet of fast-growing Ibom Air. These will be the largest ...
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South China faces manufacturing curbs amid power shortages Factories in South China's manufacturing hub of Guangdong Province were told by power suppliers to cut electricity usage by curbing operations, as rising power consumption amid hot weather strains the region's power system. Since mid-May, 17 cities like ...
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New Mexico Rides the Renewable Energy Winds of Change The project is estimated to add 1,050 megawatts of electricity to the current 4,428 megawatts already being produced in New Mexico. Western Spirit Wind Project will consist of four separate wind farms spread across 122 acres of both public and private property ...
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Pfizer approves COVID-19 shots for 12- to 15-year-olds in Japan U.S. drugmaker Pfizer Inc. on Monday formally authorized the use of its COVID-19 vaccine for around 4 million children age 12 to 15 in Japan, following similar moves overseas to allow adolescents to be vaccinated. The pharmaceutical giant revised its ...
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Indian Institute of Technology Madras to collaborate with IBM on courses related to Quantum Computing and research As a result of this collaboration, faculty, researchers, and students will now have access to all of the firm's quantum systems and tools over IBM Cloud. This is in a bid ...
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Bitcoin rises 4%, eyes $37000; Ethereum gains 8% Larger rival Bitcoin also gained in its wake with the world's biggest and best-known cryptocurrency rising 3.7 per cent to $36,977 in quiet trading with London and U.S. markets shut for holidays.
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Instagram will surface more reshared posts amid Palestinian censorship claims A Facebook spokesperson told Engadget there was no intended censorship, and that the tweak was a response to overall problems with the reach of reshared content, not just Palestinian material. There had been a broader increase ...
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Rio Tinto closes deal to buy stake in Western Copper and Gold VANCOUVER — Western Copper and Gold Corp. says Rio Tinto Canada Inc. has completed a $25.6-million investment in the company. The Vancouver-based company says the money will be used to help advance its copper-and-gold Casino project in the ...
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'Tombstone on the grave of telecom competition': CRTC's latest ruling spells 'dark period' for smaller operators For years, Canadian consumers have complained about high cellular bills, which rank among the steepest in the world, and Prime Minister Justin Trudeau's Liberal government has threatened to take action if the providers failed to cut bills by 25 per cent.
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Fortescue's Iron Bridge balloons to $US3.5 billion Fortescue Metals Group has revised its cost estimate for the Iron Bridge joint venture (JV) in Western Australia with up to an additional $1 billion needed to complete the build. First production at the 22-million-tonnes-per-annum magnetite project is now slated ...
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Coronavirus: What's happening in Canada and around the world on Monday Have a coronavirus question or news tip for CBC News? Email: Covid@cbc.ca or join us live in the comments now. South African President Cyril Ramaphosa announced Sunday that his country will ...
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GDP Decline Of 4.0% In 2020 4th Quarter Minister for the Cabinet Office Wayne Furbert noted that "due to restricted economic activity caused by mitigation efforts to contain the spread of COVID-19, there was a decrease in the fourth quarter GDP.".
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Borr Drilling reports $58.1m loss Borr Drilling Ltd, the Bermudian-based oilfield services company, has reported a net loss of $58.1 million for the first quarter. That result follows a loss of $46.7 million in the fourth quarter of 2020, and an overall loss last year of $305.2 million. Borr had total ...
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