Finance

by | July 24, 2020 | 22:41

Twitter's average monetizable daily active users (mDAU) increased 34% year over year to 186 million, above analysts' target of 176 million. Despite some modest rebound from the pandemic-induced economic slump, Twitter said that "many brands slowed or paused spend in reaction to USA civil unrest" in May and June.

by | July 24, 2020 | 17:41

Tesla Inc . slid even after results beat estimates. "You are going to have that volatility, but people are looking through a lot of it", said Victoria Fernandez, chief market strategist for Crossmark Global Investments. "There has been a turn in dollar sentiment", said Marc Chandler, chief market strategist at Bannockburn Forex in NY. The Dow Jones Industrial Average advanced 0.6% to 27,005.66, the highest in six weeks on the biggest gain in a week.

by | July 24, 2020 | 11:58

But he added that the European Union would not seal an agreement that would damage its fishing industry and noted that the sides were still "far away" from each other with only a few weeks left to go. Two essential areas were highlighted as being particularly contentious - Britain's refusal to commit to a level-playing field to allow fair competition, and to compromise on a fishery agreement.

by | July 24, 2020 | 09:01

Slack has accused Microsoft of being engaged in an " illegal and anti-competitive practice" by bundling Teams with its Office 365 enterprise suite in a way that is created to eliminate rivals, which would be a breach of the European Commission's antitrust rules.

by | July 24, 2020 | 04:40

The JobKeeper wage subsidy will be extended until March 2021 at a lower rate . The rates will be cut again from January 2021 to 1,000 Australian dollars (702.8 US dollars) and 650 Australian dollars (456.8 USA dollars) per fortnight for full-time and part-time workers respectively.

by | July 23, 2020 | 18:58

USA crude and distillate inventories rose unexpectedly and fuel demand slipped in the most recent week, the Energy Information Administration said on Wednesday, as a sharp rise in coronavirus cases has started to hit US consumption. US crude and distillate inventories rose unexpectedly and fuel demand slipped in the most recent week, the Energy Information Administration said on Wednesday, as a sharp rise in coronavirus cases has started to hit USA consumption.

by | July 23, 2020 | 16:58

The United States said on Wednesday it had given China 72 hours to close the consulate "to protect American intellectual property and Americans' private information". The pursuit of Chinese academics in California was revealed as the USA on Wednesday ordered the Chinese consulate in Houston closed. "North Korea's weapons of mass destruction and ballistic missile programs undermine our shared strategic interest in peace and stability on the Korean Peninsula", said Biegun, who doubles as the ...

by | July 23, 2020 | 15:24

Aside from this breach, the individuals in questions have been accused of infiltrating the networks of companies spanning high tech manufacturing, industrial engineering, defense, educational, gaming software, and pharmaceutical sectors with an aim to steal trade secrets and other confidential business information.

by | July 23, 2020 | 14:41

European stocks rose on Thursday even as lawmakers in the European Parliament were expected to reject the expansive budget and €750bn (£682bn, $870bn) recovery plan agreed by EU leaders earlier this week. The main all-world equity indexes now have rebounded 45% off their March lows, boosted mainly by the record levels of stimulus announced by governments and central banks to cushion the impact of COVID-19 and its ensuing lockdowns.

by | July 23, 2020 | 12:28

A Chinese researcher charged with lying to the Federal Bureau of Investigation about her military affiliation has taken refuge in China's San Francisco consulate, according to court documents, further escalating tensions between Washington and Beijing.

by | July 23, 2020 | 09:44

Qantas Group CEO Alan Joyce said the 747 ushered in a new era of lower fares and non-stop flights. Today's flight is taking the aircraft from Sydney to Los Angeles, where it will clear customs before continuing on to its final resting place in the California desert.

by | July 23, 2020 | 07:25

Antagonisms are bound to heat up as presidential contender Joe Biden and President Donald Trump ramp up their campaigning, analysts said. Small-company stocks did better than the broader market. The gain is an encouraging sign for the housing market after the pandemic caused sales to plummet in the prior three months. Existing home soared 20.7% in June from the prior month to a seasonally adjusted annual rate of 4.72 million, the biggest monthly increase on record, though that did fall short ...

by | July 23, 2020 | 07:20

Hua Chunying, foreign ministry spokeswoman, described the reasons given by the USA for closing the consulate as "unbelievably ridiculous". "The United States will not tolerate ( China's ) violations of our sovereignty and intimidation of our people, just as we have not tolerated [its] unfair trade practices, theft of American jobs, and other egregious behaviour", said the statement, which was attributed to State Department spokesperson Morgan Ortagus.

by | July 23, 2020 | 07:08

Likewise, a tola of tejabi gold (22 carat) costs Rs 93,560. Silver was also in huge demand as its prices zoomed Rs 2,550 to Rs 60,400 per kg, from Rs 57,850 per kg on Tuesday. In the futures market, gold touched an intraday high of Rs 50,085 and low of Rs 49,727 on the Multi-Commodity Exchange (MCX). Stimulus measures by central banks have added to the momentum too.

by | July 23, 2020 | 02:54

The State Department said the move to close the Chinese Consulate was needed to "protect American intellectual property ". Washington and Beijing are feuding over a slew of issues ranging from trade to the pandemic to China's policies in Hong Kong, Xinjiang and the South China Sea.

by | July 22, 2020 | 23:55

JobSeeker recipients who are receiving roughly $1,100 every fortnight will be getting $815 after 28 September. For those of you now on JobKeeper , the fortnightly fee will drop from $1500 per fortnight to $1200 per fortnight. If you are a worker and want to know more about the new rates of JobKeeper for full-time and part-time workers you can find it here . According to the Treasury, 30 percent of the private sector had been supported by JobKeeper.

by | July 22, 2020 | 20:56

McConnell, R-Ky., has been in negotiations with top congressional Democrats and the White House on what the next coronavirus bill would look like, as the Trump administration is pushing a package with a price tag of $ 1 trillion . A senior source told Fox News that approximately 10 Republican senators on Tuesday supported President Trump's push to have a payroll tax cut included in the next bill.

by | July 22, 2020 | 18:37

Jeff Bezos , the owner of Amazon , added a record $US13 billion to his net worth on Monday, Bloomberg reported . Analysts expect the Seattle-based company's revenues to have surged 27 percent to $80.7 billion , though profits likely sank compared to a year ago amid rising costs, according to Bloomberg .

by | July 22, 2020 | 15:54

In elections prior, mail-in applications were done in-person. On the eve of a trial slated to begin Monday, lawyers representing the state and plaintiffs in a legal battle over Florida's vote-by-mail procedures have reached a settlement. Jazil's comments to the judge came less than 24 hours after the Republican Party of Florida, which intervened in the case, issued a statement gloating over the settlement.

by | July 22, 2020 | 11:56

India Gold August Futures rose on July 22 tracking positive momentum in the global spot prices which rose highest in almost nine years, driven by a weaker dollar and as expectations of more stimulus measures from the pandemic-hit economies .

by | July 22, 2020 | 10:23

Bernie Sanders of Vermont. What this portends is that in the days to come, as the plodding machinery of the federal lawmaking apparatus creaks to life in service of trying to do something and pass, well, anything, we're likely going to get a front-row seat to observe what Washington DC does best: Something in-between dithering and doing nothing much at all.

by | July 22, 2020 | 05:56

This is the first time in recent years that Walmart has closed its stores during holiday shopping. Information on store and club hours for Black Friday (Nov. To help enforce their new rule, the company said they've created a new health ambassador position to their stores. Walmart announced today that its US stores will be closed on Thanksgiving Day this year, signaling that this year's Thanksgiving and Black Friday shopping could look a lot different.

by | July 22, 2020 | 04:16

Hopes for a breakthrough pushed the euro to a four-month high of $1.1467 and it held just below that level at $1.1460 in early Asian trade. Oil prices rose about $1 a barrel on Tuesday, hitting the highest in more than four months with a boost from a European Union stimulus deal and hopeful news about coronavirus vaccine trials.

by | July 21, 2020 | 21:55

Mnuchin Tuesday afternoon to hammer out some details. Trump convened GOP leaders at the White House on Monday as Senate Majority Leader Mitch McConnell prepared to roll out his $ 1 trillion package in days. The price tag for the next COVID-19 aid package could quickly swell above $1 trillion as White House negotiators negotiate with Congress over money to reopen schools, prop up small businesses, boost virus testing and keep cash flowing to Americans while the virus crisis deepens in the ...

by | July 21, 2020 | 19:44

Stephen Hahn mentioned in the statement . The FDA is allowing Quest Diagnostics to test individual samples for coronavirus using a method known as batch testing, which mixes specimens from multiple people and tests the combined sample for coronavirus instead of testing samples one by one.