Finance

by | March 05, 2020 | 19:40

Healthcare companies led the gains after Joe Biden solidified his contender status for the Democratic presidential nomination. Share prices in European airlines swooped lower on gloomy industry forecasts on the back of coronavirus - and after the collapse of British regional airline Flybe.

by | March 05, 2020 | 16:26

Unfortunately, an all-day system-wide outage left Robinhood customers furious as they were unable to join the action. The account's bio said it's building a case against Robinhood "for their negligence and late open on March 2". Attorney Max Schatzow of the Stark and Stark law firm in Lawrenceville, N.J. said in an email Tuesday that his firm was evaluating the possibility of legal action on behalf of users, but as of Tuesday hadn't filed a lawsuit.

by | March 05, 2020 | 11:57

Employers had only been obliged to give statutory sick pay of £94.25 per week if workers had been ill for four days in a row, including days off. "The government's emergency legislation must guarantee that the right to sick pay from day one will include those people who are not now eligible for statutory sick pay, and that no-one on social security will be sanctioned if they miss appointments".

by | March 05, 2020 | 11:55

This financing is created to help member countries take effective action to respond to and, where possible, lessen the tragic impacts posed by the COVID-19 ( coronavirus ). Zambia is one of the 13 countries the World Health Organisation (WHO) has identified as top priority countries in Africa, which, due to their direct links or high volume of travel to China, need to be particularly vigilant for the Coronavirus.

by | March 04, 2020 | 23:07

As such, according to Citroen , " AMI is for everyone". Citroen is set to launch an electric vehicle later this year that costs just $22 a month to drive, but it comes with some big limitations. The company suggested that the Ami could be adaptable to all types of uses, from auto sharing to rental. If you're set on having one of your own, you can pick up a long-term rental from €19.99 per month (£17) over 48 months with an initial payment of €2644 (£2220).

by | March 04, 2020 | 21:38

Results confirming the same were released by NIV, Pune. The group was a part of 21 Italian tourists who had landed in Delhi and had travelled to Rajasthan last month. The school bus was also sanitised as a precautionary measure. Last month, three cases were recorded in Kerala, who have now recovered and discharged from hospital.

by | March 04, 2020 | 20:56

Asian markets were also generally strong, though Japan's Nikkei 225 fell 1.2%. While Australia and Malaysia cut interest rates on Tuesday, investors are looking to the Federal Reserve and major counterparts to do the same, perhaps outside of their normal meeting schedule and in a coordinated fashion.

by | March 04, 2020 | 20:37

There are no restrictions on the export of APIs from China. India, the world's main supplier of generic drugs , restricted the export of 26 active pharmaceutical ingredients (APIs) and the medicines made from them, in a move seemingly aimed at tackling possible domestic shortages of medicines.

by | March 04, 2020 | 15:52

Hence, the rate cut will provide a "meaningful boost" to the economy and help improve household and business confidence. Global agencies have indicated this week that there will be a significant economic impact as the virus spreads. Futures swung rapidly to expect such a cut at the Federal Reserve's March meeting. The Dow Jones Industrial Average dropped 2.94 per cent to end at 25,917.41 points, while the S&P 500 lost 2.81 per cent to finish at 3,003.37.

by | March 04, 2020 | 15:40

It is too early to tell how persistent the effects of the coronavirus will be and at what point the global economy will return to an improving path. "The board is prepared to ease monetary policy further to support the Australian economy", he concluded.

by | March 04, 2020 | 13:55

The patient worked at the company's South Lake Union office complex in Seattle , as mentioned in a report in Reuters . They're not the first Amazon employee confirmed to test positive for the virus, after two people in Italy, and the company has already limited travel plans and backed out of events like GDC.

by | March 04, 2020 | 08:36

The 30-stock index notched its best one-day point gain in history and its best percentage gain since March 23, 2009, Xinhua reported, citing FactSet data. USA markets have been hit hard by fear over the virus' impact. More companies are warning investors that their finances will take a hit because of disruptions to supply chains and sales.

by | March 04, 2020 | 08:24

While a spokesperson from Walmart did confirm that the Walmart + program is indeed being developed, we now do not have further details about this innovative concept. Walmart + has the potential to be the first serious competitor against Amazon Prime, but only time will tell if it will be successful. Currently, Amazon Prime costs $119 per year and has over 150 million members.

by | March 04, 2020 | 03:50

It was the sixth time in seven months that B.C. had shed jobs . Growth: Hiring at construction sites increased by 20,000 jobs in December. Statistics Canada says the economy added 35,200 jobs in December fuelled by a gain in full-time jobs, while the unemployment rate ticked lower.

by | March 04, 2020 | 03:45

The safe haven Swiss franc also hit 1-1/2-year high of 0.9610 franc per US dollar on Friday and last stood at 0.9642. While he acknowledged the damage the virus already has done to economic growth expectations, he said current Fed policy is "in a good position" as officials examine the situation.

by | March 04, 2020 | 02:07

Flying by helicopter over the Greece-Turkey border, where thousands of desperate asylum seekers have tried to break through for days, European Commission President Ursula von der Leyen said on Tuesday the bloc would provide Greece "all the support needed".

by | March 03, 2020 | 23:30

The virus has since spread south but the vast majority of cases remain centered on the original hotspots, with the addition of Emilia Romagna, another affluent region which borders on both Lombardy and Veneto and now has more cases than Veneto.

by | March 03, 2020 | 19:55

An emergency 50 basis points cut sends a big statement , putting coronavirus on a par with September 11 and the collapse of Lehman Brothers in 2008. "G7 finance ministers are ready to take actions, including fiscal measures where appropriate, to aid in the response to the virus and support the economy during this phase", the group said after a conference call.

by | March 03, 2020 | 17:40

Wall Street experienced a soaring rebound on Monday, with The Dow Jones Industrial Average, the S&P 500, and the Nasdaq all experiencing their highest one-day point gains in history. stock markets were positive from the outset on growing hopes of action from the Federal Reserve - the country's central bank. "But it seems to me like the central banks are linking arms to find a way to insulate the credit markets from economic uncertainty", said Jack Ablin, chief investment officer at Cresset ...

by | March 03, 2020 | 16:08

Meanwhile Britain has said it will also publish its objectives for talks with Australia, Japan and New Zealand shortly, with the aim of having 80 percent of its external trade covered by deals by 2022. The government reiterated that its National Health Service ( NHS ) was "not for sale" - addressing criticism that a deal could let private USA healthcare providers into Britain's state-funded health system.

by | March 03, 2020 | 10:27

Several key members of the Organization of the Petroleum Exporting Countries (OPEC) are mulling the additional production cut in the second quarter amid fears the virus outbreak will erode oil demand. The existing OPEC+ pact entails output cuts of 1.7 million bpd under a deal that runs to the end of March. "We now believe the group needs to make much steeper cuts than the 600,000 barrel-a-day recommendation from their technical committee to support prices", said Jason Gammel, an analyst at ...

by | March 02, 2020 | 19:42

But it lowered its forecasts Monday for global growth in 2020 in a special report about the effect of the coronavirus . The OECD, based in Paris and representing the planet's 36 most advanced economies, has urged governments around the globe to take greater steps to work together, calling for an worldwide response as Covid-19 spreads.

by | March 02, 2020 | 19:38

Erdogan apparently aims to pressure Europe into offering Turkey more support in dealing with the fallout from the Syrian war to its south. "Now the unilateral sacrifice period is over", Mr Erdogan said . The other child survived. Their nationality was not immediately available. At least 68 people people were arrested on charges of illegal entry into the country.

by | March 02, 2020 | 19:33

Although McDonald's announced all-day breakfast in 2015, this isn't an all-day offer. And in honor of the fake holiday, which takes place on Monday, March 2, McDonald's is giving everyone a free Egg McMuffin sandwich. The freebie is also limited to one Egg McMuffin per registered user in the McDonald's app . No purchase is necessary, and the only catch is you have to order it through the mobile phone app.

by | March 02, 2020 | 18:37

TMX previously closed its Toronto Stock Exchange early on April 27, 2018, because of internal technical issues, and reopened the market on the next trading day. Toronto followed other global markets down with US equities posting their seventh straight loss and investors rushing into the safety of government bond markets.