Finance

by | May 15, 2020 | 09:37

According to a recent report by Bloomberg , Apple is planning for more of its staff to return to its Apple Park in California. Facebook will begin reopening its offices in early July but will permit employees to work remotely for the rest of the year.

by | May 15, 2020 | 08:28

The publication said that officials in the Chinese government were angered by US criticism of China's handling of the coronavirus pandemic. "I have a very good relationship, but I just - right now I don't want to speak to him", Trump told Fox Business , a U.S.

by | May 15, 2020 | 05:10

Paul Scully, the small business minister, has been trying to help the 1.6m small business owner-directors who fall through the cracks of current coronavirus government bailout schemes. "The Government's support package to date has been targeted at businesses so the self-employed will be welcoming this cash boost at a time when they need it most".

by | May 14, 2020 | 22:29

Twitter started the work-from-home policy from early March as the pandemic started spreading across the country. Its main offices including its San Francisco headquarters won't begin to open until September, and the company said there will be additional precautions in place when workers do return.

by | May 14, 2020 | 21:27

Tensions have ratcheted up between Washington and Beijing as they trade barbs over the origin of the pandemic - which first appeared in late 2019 in the Chinese city of Wuhan, and which Trump has dubbed the "Plague from China". "We're not going to renegotiate", he said in an interview with Fox Business Network broadcast on Thursday (May 14). They could have stopped it in China where it came from.

by | May 14, 2020 | 21:22

The new numbers come almost a week after the Labor Department released figures that stated that a stunning 20.5 million jobs had been wiped away from the payrolls of American companies. "The fact that we came in under three million suggests that the turning on the economy is beginning and it's beginning to show up with the data, so what we expect now is the claims will continue to decline as the economy turns back", he told reporters.

by | May 14, 2020 | 17:13

Data released Friday by the Bureau of Labor Statistics (BLS) showed that US employers cut a staggering 20.5 million jobs in April, erasing a decade of job gains since the global financial crisis and pushing the unemployment rate to a record 14.7 percent.

by | May 14, 2020 | 08:41

He added that the next lockdown extension will bring new rules and regulations with it. In April, the unemployment rate rose to 23.5 per cent from 8.7 per cent the previous month, data released by the Centre for Monitoring Indian Economy, a Mumbai-based think tank, showed.

by | May 14, 2020 | 06:27

At 9:09 a.m. ET, Dow e-minis were down 67 points, or 0.28%. Hong Kong's Hang Seng index futures .HSI .HSIc1 slipped 0.92%, Australian S&P/ASX 200 futures fell 1.07%, while Japan's Nikkei 225 futures rose 0.05%. Tensions between the USA and China added to the nerves among investors, who worry new frictions between the two largest economies could exacerbate the global downturn.

by | May 14, 2020 | 02:22

However, the health department has said it is working with Tesla to ensure the factory reopens as soon as possible. "We are addressing this matter using the same phased approach we use for other businesses which have violated the order in the past, and we hope that Tesla will likewise comply without further enforcement measures", the statement continued.

by | May 14, 2020 | 00:39

According to the police, the two men from California refused to wear masks while inside the store. The incident took place May 1 at a store in the 5700 block of Sepulveda Boulevard in Van Nuys, KTTV reported. Target made a statement about the incident, stating that "we are grateful for the support of the local police and will provide any information that may be helpful to your investigation".

by | May 13, 2020 | 23:55

Sunak told MPs he had held talks with the TUC and CBI about the future of helping people back into work, telling the Commons: 'It is something that weighs heavily on my mind - every person who loses their job through this hard period is a person that this government is determined to stand behind'.

by | May 13, 2020 | 22:23

As part of the settlement agreement , Facebook admitted no wrongdoing and has agreed to provide mental health counseling to its moderators. The settlement covers more than 10,000 current and former USA -based content moderators who worked for Facebook's vendors in California, Arizona, Texas and Florida, according to attorneys for the plaintiffs.

by | May 13, 2020 | 19:26

Gavin Newsom let some retail and manufacturing businesses open last Friday and said Monday he expected Tesla to start up operations by next week. But Tesla's reopening flies in the face of Newsom's statewide order, which allows counties to begin reopening if they meet benchmarks including testing capacity, hospitalizations and contact tracing.

by | May 13, 2020 | 15:26

This morning I received the result of the test which was negative. Treasurer Josh Frydenberg delivers a ministerial statement on the Australian economy in the House of Representatives at Parliament House on May 12, 2020 in Canberra, Australia.

by | May 13, 2020 | 12:43

In the 12 months through April, the CPI gained 0.3%, the smallest annual rise since October 2015, after increasing 1.5% in March. Excluding the volatile food and energy components, the CPI dropped 0.4% in April, the largest decline since the series started in 1957.

by | May 13, 2020 | 06:29

Others are facing additional economic challenges as many live on a fixed income and have expressed concerns about their ability to make ends meet during this time. She said these numbers "lend a voice to the unspeakable scale of the impact on our seniors". On Monday, the Government of Canada announced it is establishing a Large Employer Emergency Financing Facility (LEEFF) "to provide bridge financing to Canada's largest employers, whose needs during the pandemic are not being met through ...

by | May 13, 2020 | 06:23

Visit Business Insider's homepage for more stories . Twitter CEO Jack Dorsey told employees Tuesday that they'll be allowed to work from home indefinitely, even after COVID-19 shutdowns are lifted, BuzzFeed News first reported . The past few months of having staff nearly entirely remote "have proven we can make it work", the statement continued. Employees at social media giant Twitter will be able to choose if they return to the office following the coronavirus pandemic.

by | May 12, 2020 | 22:29

Stocks whose profits are most closely tied to the strength of the economy had some of the sharpest losses, though they were also swinging up and down. Buyers of US stocks after the economy shrank in the first quarter have history on their side, according to Keith Lerner, chief market strategist at SunTrust Private Wealth Management.

by | May 12, 2020 | 21:39

In the wake of the coronavirus pandemic , the IRS has sent out millions of stimulus checks to Americans totaling more than $200 billion. Starting later this month, the number of paper checks being delivered to taxpayers will sharply increase.

by | May 12, 2020 | 20:31

This was the fifth such interaction between Modi and the CMs since the lockdown was enforced on March 25, but it was different as the PM said he would first listen to everyone. He said when the crisis began, the country did not manufacture a single PPE and only a few N95 masks were available. Earlier, in an exclusive interview to IANS, Punjab Chief Minister, Captain Amarinder Singh blamed Maharashtra government's "negligence" for Punjab's "sufferings".

by | May 12, 2020 | 16:43

By that point we will have provided eight months of support to British people and businesses . This is a big change but Rishi explained that full details on how this would work will be arriving in the coming weeks: "Full details will follow by the end of May, but I want to assure people today , of one thing that won't change".

by | May 12, 2020 | 16:10

It's understood China's Ministry of Commerce will reveal its anti-dumping investigation findings into Australian barley exports by May 19. Beijing has rejected calls by Australia and other governments for an global inquiry into the origin of the coronavirus , which emerged in December in central China.

by | May 12, 2020 | 16:00

Since mid-March the airline has been running just 30 flights a day between Ireland, the United Kingdom and Europe - just a tiny fraction of its normal schedule. "Now that Europe's States are allowing some gradual return to normal life, we expect this will evolve over the coming weeks and months". Throughout July and August anyone flying with Ryanair will when checking-in have to provide details of how long their trip will be and their destination address.

by | May 11, 2020 | 20:42

They will be able to apply for extensions, but those, too, will be limited to 90 days, the Times notes. Now, China has responded by warning the American government that China will have to take countermeasures if the USA does not correct its mistake.