Finance

by | June 20, 2020 | 04:19

He presented three possible options for schools reopening in September and said that it will be up to each school board to decide what's best for their region, in consultation with medical and government officials. WECDSB executive superintendent Dan Fister used the same media release to say that his organization has seen a "record number of students enroll in our summer e-learning programs which tells us that students are eager to kick start their learning, get ahead, and be ready for when ...

by | June 20, 2020 | 03:54

Insurance giant Lloyd's of London and the pub chain Greene King made the pledges after they were included in a University College London database of companies with ties to the slave trade . The governors of Oxford's Oriel College voted on Wednesday to recommend removing the statue of Rhodes, one of Britain's leading imperialists. Meanwhile the CEO of Greene King, one of the UK's largest pub chains, said it was "inexcusable" that the brewer's founder "profited from slavery" after the ...

by | June 20, 2020 | 02:56

Apple announced that the company would re-close almost a dozen stores in four states where the number of cases of COVID is rising. The S&P 500 added 1.8% on the week, its fourth positive week in five. The NASDAQ grew 68.84 points to 10,011.89, on the way to its sixth consecutive gain. But Friday marked "quadruple witching", in which futures and options expiries occur, and that typically translates into elevated volume and liquidity.

by | June 20, 2020 | 00:45

The world has now recorded more than 8 million cases of COVID-19. South Africa has the highest number of cases that now stood at 83,900 followed by Egypt's 50,400. China is willing to give priority to African countries once COVID-19 vaccines are ready to use, Xi added. The Chinese Embassy on Wednesday, presented medical supplies worth GHC48,000.00 (about 80,000 U.S.

by | June 20, 2020 | 00:41

The ABS said the jobless rate would have been even higher at 11.3% were it not for a government wage subsidy scheme that allowed businesses to keep staff on their payrolls. "Many of those who lost work also left the labour force", NAB added, noting the labour force participation rate fell to the lowest level since 2001.

by | June 19, 2020 | 21:59

Trump's threat is a stunning escalation of his hostility toward demonstrators who have been protesting against him and police brutality for the past several weeks. ASM Global, which manages the BOK Center, has asked the Trump campaign for a written plan "detailing the steps the event will institute for health and safety, including those related to social distancing".

by | June 19, 2020 | 21:56

Premier Giuseppe Conte said at the European summit on Friday that a deal on the EU's Recovery Fund to help countries cope with the economic quake caused by the coronavirus is needed by the end of next month, sources said. Two-thirds of the fund - a half-trillion euros - would take the form of grants. Southern EU countries were already highly indebted before the coronavirus crisis.

by | June 19, 2020 | 20:09

The Caesar Act is named after a Syrian former military photographer who fled in 2014 at great personal risk with 55,000 images of brutality in al-Assad's prisons. "We are further designating Maher al-Assad, along with his Fourth Division of the Syrian Arab Army and its leadership Ghassan Ali Bilal and Samer al-Dana", Pompeo said.

by | June 19, 2020 | 18:24

The kingdom's sovereign wealth fund, the Public Investment Fund (PIF), will pay $1.5 billion for a 2.3% stake in Jio Platforms, the digital technology arm of Ambani's sprawling conglomerate Reliance Industries . Reliance Industries Chairman Mukesh Ambani said that his company had become net debt-free and fulfilled its promise to shareholders ahead of the original schedule.

by | June 19, 2020 | 18:00

For instance, inflation figures for holidays had had to be "imputed", it said. This, according to the bureau, was higher than the 12.26 per cent reported in April, while the corresponding rural inflation rate in May was 11.26 per cent compared to 11.20 per cent recorded in April.

by | June 19, 2020 | 16:02

He explained that they want to be able to help law enforcement in investigations and that people who use Zoom to disrupt online meetings and to engage in criminal acts and facilitate frightful abuse generally use free (quasi-anonymous) accounts.

by | June 19, 2020 | 11:57

Under the current coronavirus-relief framework, the Trump administration is paying $600 in additional monthly unemployment benefits to supplement state payouts, a measure that is set to end next month. The biggest drops in claims were reported in Florida, Texas, Georgia, Michigan and Maine. The number of Georgians filing new unemployment benefit claims last week was 131,000, down slightly from the previous week.

by | June 19, 2020 | 11:25

Uncle Ben's owner Mars is planning to change the rice maker's "brand identity" - one of several food companies planning to overhaul logos and packaging that have always been criticized for perpetuating harmful racial stereotypes. "As a global brand, we know we have a responsibility to take a stand in helping to put an end to racial bias and injustices". "We understand there are concerns regarding the Chef image , and we are committed to evaluating our packaging and will proactively take ...

by | June 17, 2020 | 16:24

In the month's time that he has in office, it remains unclear what the interim prime minister can do to try to salvage the staggering economic downturn. Syrian authorities have placed the blame for the currency crisis squarely on Western countries for their sanctioning of Syria. He said the aim was to restore the exchange rate to an "acceptable" rate.

by | June 17, 2020 | 10:30

The Chicago-based carrier now requires all passengers to wear a face covering onboard its flights and "expects that policy to remain in place for at least the next 60 days". He warned of "substantial consequences for those who do not comply with the rules". Beginning June 18, United customers who disregard the policy after reminders from flight attendants will be placed on an "internal travel restriction list", according to a company press release .

by | June 17, 2020 | 10:10

Apart from the new aero wheels, the car's rear AC induction drive unit was given an electric oil pump to optimise lubrication irrespective of the speeds to bring down friction. Besides the reduced vehicles mass and revised powertrain, the Model S is also fitted with new "Tempest" aero wheels and bespoke tyres, which were specifically engineered to reduce rolling resistance, adding to a 2% improvement to overall range.

by | June 17, 2020 | 09:24

In a landmark 6-3 ruling on Monday, the court affirmed that LGBT+ people are entitled to protection from discrimination based on their sexual orientation and gender identity under Title VII, an existing sex-based civil rights law. "Sex plays a necessary and undisguisable role in the decision, exactly what Title VII forbids", Gorsuch wrote. "We know that Neil Gorsuch is a supporter of so-called religious liberty, which is a bogus term - it is actually some sort of pretext for ...

by | June 17, 2020 | 07:24

USA oil dropped 21 cents, or almost 0.6%, to $36.91 a barrel, after closing 2.4% higher in the previous session. In its monthly report on Tuesday, the International Energy Agency (IEA) forecast oil demand at 91.7 million barrels per day in 2020, 500,000 bpd higher than its estimate in May's report, citing higher than expected consumption during the lockdowns.

by | June 17, 2020 | 04:13

Still, sales in May were down 6.1% compared with past year, according to the Census Bureau. He cautioned that it's important to look at the retail spending levels as well, which remain well below pre-coronavirus activity. Sales at restaurants and bars fell 39.4%. Sales in April fell 16.4 per cent after tumbling 8.3 per cent in March. The so-called "control group" subset of sales, which excludes food services, auto dealers, building-materials stores and gasoline stations, increased 11% from ...

by | June 17, 2020 | 03:58

In Huaxiang, the only high-risk neighbourhood in Beijing, some residents demanded officials impose more stringent contact tracing protocols. 11 residential compounds have been locked down in the city and residents will have daily temperature checks.

by | June 16, 2020 | 23:10

As for Apple Pay, that investigation concerns "Apple's terms, conditions and other measures for integrating Apple Pay in merchant apps and websites on iPhones and iPads, Apple's limitation of access to the Near Field Communication (NFC) functionality ("tap and go") on iPhones for payments in stores, and alleged refusals of access to Apple Pay".

by | June 16, 2020 | 22:39

Twitter is now positioning itself at the forefront and announced it'll be honoring Juneteenth by making it a company wide holiday. June 19 is celebrated in the USA as it was on this day in 1865, Major General Gordon Granger read the "Emancipation Proclamation" in Texas marking the end of slavery across the US.

by | June 16, 2020 | 20:10

In Delhi, one litre of petrol costs Rs 75.78, up from Rs 75.16 per litre on Saturday, an increase of 62 paise. The increase in prices varies across metros, depending on the tax structure on products in various states. In Mumbai, Kolkata, and Chennai, petrol prices per litre are Rs 83.17, Rs 78.10, and Rs 79.96 respectively, while diesel prices are Rs 73.21, Rs 70.33, Rs 72.69 respectively, according to IOCL.

by | June 16, 2020 | 17:49

Conservative Justices Samuel Alito, Clarence Thomas and Brett Kavanaugh dissented from the ruling . The ruling was 6-3, with Justice Neil M. Gorsuch and Chief Justice John G. In the administration's brief, Trump solicitor general Noel Francisco argued: "An employer who discriminates against employees in same-sex relationships thus does not violate Title VII [sex discrimination rules] as long as it treats men in same-sex relationships the same as women in same-sex relationships".

by | June 15, 2020 | 19:39

With a hard deadline, there was a good chance that the British would leave the European Union without any trade agreements. Johnson will tell the European Union leaders that the Brexit talks must be concluded by autumn "at the latest", because the public and businesses affected by Brexit need certainty, The Telegraph newspaper said in a report on Sunday.