Finance

by | May 25, 2020 | 16:11

Instead of pointing fingers, the top Chinese diplomat responded, Washington should find common ground with Beijing . Although Wang did not take names of any "forces" but US President Donald Trump has led world criticism of China's initial response to the pandemic, which has caused more than 330,000 deaths and economic carnage worldwide.

by | May 25, 2020 | 15:28

Employees will have to complete and sign a daily health assessment questionnaire to confirm that they are fit to work, which will include having their temperature taken using a digital thermometer. 'At present the government have not confirmed any reopening date for pubs, ' said Wetherspoon chief executive John Hutson in a press release. Customers will be asked to pay via the Wetherspoons app or use contactless debit and credit cards .

by | May 25, 2020 | 02:05

DeSantis says this is effective immediately. Human and Health Services Secretary Alex Azar met with DeSantis before the press conference. "This virus has a disproportionate impact on the elderly", DeSantis said. The new order , issued late Wednesday, came after the Democrat governor had faced questions from lawmakers in both parties who expressed concerns that non-infected residents were being put at risk.

by | May 24, 2020 | 22:37

The latest report was marred by another data-entry error, this time from MA. NationallyThe Georgia and SC figures were reported as the federal government said Thursday that more than 2.4 million people applied for US unemployment benefits last week in the latest wave of layoffs from the viral outbreak that triggered widespread business shutdowns.

by | May 24, 2020 | 20:10

Huawei vice-president Victor Zhang said that the reports of a U-turn on the deal " simply don't make sense ", according to Politico. "This is our proven track-record". American politicians have been publicly critical of Britain's initial decision to allow Huawei into their markets and have asserted that the move could put the nation's security at risk.

by | May 24, 2020 | 11:41

The vaccine will be tested on 500 healthy adults - 250 volunteers will get the middle dose , 125 will get the low dose and 125 will receive a placebo. Some experts have said the White House's emphasis on speed - its vaccine effort is called " Operation Warp Speed " - could leave people anxious that safety was being sacrificed for swiftness.

by | May 24, 2020 | 03:56

In total, 14 long-term care or assisted-living facilities and two acute-care units continue to have active outbreaks. No new resident cases have been reported in long-term care homes. Both of these outbreaks are in the Fraser Health region. The cycle team raises funds for the B.C. Cancer Foundation. Already, the province has recruited medical students, retired nurses and doctors, and set up a nurses hotline.

by | May 24, 2020 | 01:52

The company, which operates the Hertz, Dollar and Thrifty car-rental brands, had been holding talks with creditors after missing significant car-lease payments in April. If no deal can be reached, Hertz may need to seek court protection in the coming days, according to the people. In its first-quarter report with securities regulators, the company warned that it may not be able to repay or refinance debt and may not have enough cash to keep operating.

by | May 24, 2020 | 01:54

US oil prices crashed to the negative territory for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears. "There are many more exchanges on the barrel for delivery in June". Crude stockpiles at Cushing - America's key storage hub and delivery point of the WTI contract - have jumped 48% to nearly 55 million barrels since the end of February.

by | May 23, 2020 | 23:24

Countries across the world are pinning their hopes on the Oxford University's vaccine with pharma behemoths like AstraZeneca already aboard for the expeditious production of the vaccine. While the trials are moving quickly, Hill said , safety has not been compromised. AstraZeneca has said that the production would take place in not just one country, but several.

by | May 23, 2020 | 19:50

Facebook, like other Silicon Valley companies, was among the first US employers to close offices in the early days of the pandemic. A spokesperson for Spotify said: "We announced the extension of our work-from-home arrangement for all Spotify employees globally".

by | May 23, 2020 | 19:25

With more than 1000 jobs expected to be axed by the closure of Target stores, Ms Sahay said the department chain should have focused from the beginning on their marketing strategy. "For our Target team members that are unable to be redeployed, they will be given consideration for new roles created in Kmart and Catch as those businesses continue to grow".

by | May 23, 2020 | 18:22

Secretary of State Mike Pompeo released a statement Friday saying he "condemns" China's parliament for proposing legislation that he claimed "would be a death knell for the high degree of autonomy Beijing promised for Hong Kong". Some news agencies are expecting the enactment may come as soon as August. "We are deeply concerned at proposals for introducing legislation related to national security in Hong Kong, ' the foreign ministers" statement said.

by | May 23, 2020 | 16:57

The vote was 49-44. As senators prepare for a weeklong Memorial Day break, the difference provides a study in contrasts and priorities, one that reflects the partisan split between Republicans and Democrats and is defining both before the 2020 election.

by | May 23, 2020 | 12:36

Hertz has about $1 billion of cash. The Chapter 11 proceedings involve the company's US and Canadian subsidiaries and don't include its global operations in Europe, Australia or New Zealand. After the coronavirus pandemic decimated revenue, the auto renter sought relief from lenders and a bailout from the U.S. Treasury Department. The US Treasury has started assisting companies as part of an unprecedented $2.3tn relief package passed by Congress and signed into law.

by | May 23, 2020 | 12:30

China also dropped its annual growth target for the first time, adding to uncertainty about the fallout from the COVID-19 pandemic, boosting safe-haven investments such as U.S. Benchmark U.S. crude oil was down 3.6% to $32.70 a barrel. "You have these doubts over China that is triggering this sell-off in oil, and it's going to gain steam".

by | May 23, 2020 | 08:43

Volkswagen AG has withdrawn an Instagram snippet meant to promote the latest Golf model after social media users criticized the video clip for using potentially discriminating motifs. A Volkswagen spokesman said agencies usually produce its advertising campaigns and it was investigating where the mistake happened and would make it public when it found out.

by | May 23, 2020 | 07:39

This total decreased 209,140 from this time previous year. Unemployment claims showed an increase of 1,041,401 claims or 333% in April to reach a total of 1,353,921 claims. As Middle Tennessee works to rebound from the impact of the Coronavirus, we want to help. Kentucky's economy is starting to get rebooted. Last week, the GDOL issued over $55 million in Pandemic Unemployment Assistance (PUA) payments to individuals who are self-employed, gig workers, 1099 independent contractors, ...

by | May 23, 2020 | 01:21

At its annual National People's Congress, China's lawmakers put forward a proposal to enact new legislation to strengthen "enforcement mechanisms" in Hong Kong, which was rocked previous year by seven months of massive and sometimes violent pro-democracy protests that crippled the city.

by | May 22, 2020 | 23:09

Shares in some of the biggest US-listed Chinese firms, including Baidu and Alibaba , slid on Thursday in NY while the broader market gained. The Holding Foreign Companies Accountable Act blocks securities of any company from being listed on any U.S.

by | May 22, 2020 | 22:52

It is also a way for China to send a message to the USA, which is debating whether to continue granting Hong Kong special trade status under the Hong Kong Human Rights and Democracy Act , passed past year to pressure Beijing into respecting the city's rights.

by | May 22, 2020 | 22:27

The UK's inflation rate fell in April to its lowest since August 2016 as the economic fallout of the first month of the lockdown hit prices. "Falling petrol and diesel prices, combined with changes to the domestic energy price cap, were the main reasons for lower inflation in April".

by | May 22, 2020 | 15:22

The projection - a guess, Zuckerberg said, not a target - marks a major pivot by the world's biggest social media company to support working from home after the pandemic. Over the past few decades, economic growth in the United States has been quite concentrated, with major companies often hiring in a handful of metropolitan areas.

by | May 22, 2020 | 14:40

In the light of the COVID-19 pandemic and the consequent stress on these state government finances, Shaktikanta Das said that RBI has chose to relax the rules governing withdrawal from the CSF, while at the same time ensuring that depletion of the fund balance is done prudently.

by | May 22, 2020 | 11:28

It is the first time since 1988 that China has failed to set a gross domestic product growth target at an annual session of the country's parliament, the National People's Congress. Li said the ruling Communist Party set no growth target , usually a closely watched feature of government plans, due to the "great uncertainty" of the epidemic.