Finance

by | May 11, 2020 | 14:09

He announced yesterday that people who can't work from home should start returning to work from today if they can - "if possible" avoiding pubic transport and instead using a auto, walking or cycling. Wales' health minister Vaughan Gething also said there had not been a "four-nations agreement " on the new message and that the advice to "stay at home" in Wales was unchanged.

by | May 11, 2020 | 12:58

In addition, the cost-of-living allowance shall be discontinued as of June 2020 and Value-Added Tax shall increase from 5% to 15% as of July 2020. We hope that we have succeeded by giving you the full details and information. Saudi Arabia has called on other donor countries to take part in the event to help the United Nations and the world provide essential, life-saving assistance to Yemen and its people over the next year.

by | May 11, 2020 | 11:28

The decision was made after Elon Musk , Tesla's chief executive, announced to its employees on Thursday, May 7, that the only U.S. vehicle factory in Fremont will resume its limited production on Friday afternoon. "We have not said that it's appropriate to move forward", she reportedly said in an email statement . After being ordered to keep the Fremont plant closed, Musk lashed out at the local authorities, saying that the company will "move its headquarters and future programs to ...

by | May 11, 2020 | 09:26

With hospitals focusing their efforts nearly strictly towards fighting Covid-19, layoffs have been widespread in other departments. "Without that distortion, the unemployment rate would have been close to 20% last month". An overwhelming share of those who lost jobs described them as temporary. Unemployment accelerated for all demographic groups last month, though Latinos and the less educated were hit the hardest.

by | May 11, 2020 | 09:21

LONDON-Oil prices jumped again on Tuesday on hopes for a recovery in vehicle traffic and fuel demand as some European and Asian countries along with several USA states began to ease CCP virus lockdown measures. Last week, the energy consultant forecast demand next year would average 88.8 million bpd. Futures in NY rose to around US$24 a barrel in Asian trading on Friday and are up 21 percent so far this week.

by | May 11, 2020 | 07:13

The Kirkland team was led by transactional partners Stuart Casillas, Vlad Kroll, Nathan Davis, Srinivas Kaushik and Abhishek Kolay, and associates Ari Levi, Lesley Hamilton, Katherine Ackerman and Alex Dayneka-Hayes. Vista's investment is at a 12.5 percent premium over the Facebook deal announced in April. That's double the slice acquired by Silver Lake and about a quarter of the stake taken by Facebook.

by | May 11, 2020 | 00:41

The White House had no immediate comment on whether Stephen Miller had been tested or if he was still working out of the White House. Trump, who along with Pence also had negative tests Thursday, said Friday that he was not anxious, adding that "strong precautions" had been taken in the White House.

by | May 10, 2020 | 21:59

Not to mention bring a lawsuit . The electric vehicle company also filed a lawsuit in federal court claiming that the Alameda County Health Department overstepped federal and state coronavirus restrictions when it prevented Tesla from restarting production at its factory in Fremont, California.

by | May 10, 2020 | 17:58

The company's chief executive officer, Eric S. Yuan , said: "There are end-to-end encrypted communications platforms". Keybase brings deep encryption and security expertise to Zoom, and we're thrilled to welcome Max (Krohn, Keybase co-founder) and his team.

by | May 10, 2020 | 15:53

The merger will see the new company taking the number one spot in the British telecoms sector "with a 34 percent market share compared with BT's 32 percent", it said. "A combination of O2 and Virgin Media is a natural fit", he added. O2 is the UK's largest mobile operator and Virgin is the largest cable company in the UK.

by | May 10, 2020 | 14:46

Gross bookings (rides): $10.87 billion, down 5% year-over-year from $11.45 billion. The ride-hailing company said that the job cuts will affect its full-time customer support and recruiting teams in a bid to cut some of its operating expenses but the layoffs will cost Uber around $20 million in "severance and other termination benefits".

by | May 10, 2020 | 13:41

Treasury" with 2020EIP written as an explanation as well as the taxpayer identification number, the website says. If you already cashed the check or if you received the payment via direct deposit, it's time to get a money order or cut a check of your own and mail it to the same address.

by | May 10, 2020 | 09:28

Holland America has chose to cancel all Alaska, Europe and Canada/New England cruises for the remainder of 2020. All guests, or their travel advisors, will automatically be notified if their cruise departure has been cancelled. "It saddens us to think about the impact on the livelihood of our teammates, business partners and the communities we visit". The minimum Future Cruise Credit is $100 and the maximum will be an amount up to the base cruise fare paid.

by | May 10, 2020 | 08:39

But the assistant, who worked in personal capacity for Ivanka Trump , has not been around the her for weeks, Xinhua news agency quoted a CNN report as saying on Friday. Mr Pence, who is tested on a regular basis, was tested Friday. The aide testing positive Friday morning delayed Pence's plane from taking off for a trip to Iowa.

by | May 10, 2020 | 07:14

Dr. Anthony Fauci , director of the National Institute of Allergy and Infectious Diseases, has started what he called a "modified quarantine" after came in contact with a White House staffer , who tested positive for COVID-19, according to CNN report , making him the third senior US health official to go into isolation.

by | May 09, 2020 | 21:43

The tech industry's two biggest internet companies have told employees to settle into home-office routines through the end of the year amid the COVID-19 crisis. "As you can imagine this is an evolving situation as employees and their families make important decisions re: return to work". The social media giant said that it was still in the process of determining which employees would need to be present in the office.

by | May 09, 2020 | 17:23

Trump, meanwhile, later in the day said the unprecedented job loss is not his fault while Democratic presidential candidate Joe Biden accused the president of favouring big businesses and investors. This is a developing story and will be updated as more information becomes available . While some states have already started to relax restrictions, re-starting the economy is likely to be hard, as workers worry about the risk of infection and grapple with the impact of school closures.

by | May 09, 2020 | 17:21

The West Texas Intermediate for June delivery rose 1.19 USA dollars to settle at 24.74 dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery advanced 1.51 dollars to close at 30.97 dollars a barrel on the London ICE Futures Exchange.

by | May 09, 2020 | 15:41

White House Press Secretary Kayleigh McEnany on Friday defended administration efforts to protect Mr Trump and Mr Pence, pointing to new measures taken by the White House including contact tracing and putting in place all guidelines recommended for essential workers.

by | May 09, 2020 | 14:15

Several donations from the Cupertino giant towards Chinese hospitals and worldwide organizations were made, helping aid the more affected regions in their efforts against the virus. Apple said that its teams are constantly monitoring local health data and government guidance. Apple's focus sounds like it's going to be on helping customers with trouble-shooting and repairs initially.

by | May 09, 2020 | 11:07

Despite Trump's comments, the two cases in quick succession heightened fears of contagion for the president and vice president, who are leading the US response to the pandemic, and who have both resumed robust travel and business schedules even as the USA death toll from the virus has topped 75,000.

by | May 09, 2020 | 07:31

Oil prices fell after being up more than 6% earlier Thursday as global demand worries offset news that Saudi Arabia increased its official crude selling price and the surprise rise in Chinese exports last month. The sharp fall in China's exports and imports earlier in the year eased in March as factories resumed production, but analysts expect pressures to persist as the coronavirus crisis shuts down economies around the world.

by | May 09, 2020 | 05:52

An estimated 175 million people should receive a payment as a result of this, but if you haven't received your stimulus check yet, here are some possible reasons why . After repeated inquiries, on Wednesday the Treasury Department told Q13 News that heirs should send back the money and gave guidance on where to send it.

by | May 09, 2020 | 04:00

Elsewhere, including the bond market, investors were still showing a great deal of caution after the government reported another 3.2 million US workers applied for unemployment aid last week. Eastern time. The Nasdaq was up 1.1% and has recovered almost all its losses for 2020. In Europe, gains were widespread for stocks. Yields tend to fall as investors are downgrading their expectations for economic growth and inflation.

by | May 08, 2020 | 20:38

Some economists expected wage gains to come in at an even quicker clip than the median estimate suggested, "boosted by compositional effects as a result of the rapid destruction of low wage earners", Sam Bullard, Wells Fargo Securities senior economist, said in a note Thursday.