Finance

by | September 22, 2020 | 15:25

Christopher Snowdon, the head of lifestyle economics at the Institute, warned that while mandatory table service could have merit, having proved effective in Sweden, the new closing time will be devastating to the hospitality sector, which was already suffering after the first lockdown.

by | September 22, 2020 | 12:56

HSBC , the bank at the centre of the scandal, saw its share price fall more than 5% in London, but the revelations dragged down the entire sector, with Barclays, Lloyds and NatWest all dropping about 6%. BuzzFeed obtained suspicious activity reports filed by the largest USA lenders - including JPMorgan Chase , Citigroup and Bank of America - and major worldwide institutions like Deutsche Bank, HSBC and Standard Chartered.

by | September 22, 2020 | 11:38

Victoria recorded just 11 new cases on Monday - its lowest daily figure since June 16 - to follow up Sunday's result of 14. But Mr Andrews has remained tight-lipped about how much of the near $25 billion the Victorian government has been authorised to borrow over the next two years will be drawn on.

by | September 22, 2020 | 10:56

The CBOE Market Volatility index VIX, Wall Street's fear gauge, shot up to its highest level in almost two weeks. The S&P 500 ended with its fourth-straight loss, though a last-hour rally helped trim its decline by more than half. At 7:10 a.m. ET, Dow e-minis were down 542 points, or 1.96%, S&P 500 e-minis were down 54.5 points, or 1.64% and Nasdaq 100 e-minis were down 159.75 points, or 1.46%.

by | September 22, 2020 | 10:39

Senate Democratic leader Chuck Schumer took to the Senate floor Monday to remind McConnell of his own words hours after the February 2016 death of conservative Justice Antonin Scalia. As the lobbying unfolded, Senate Majority Leader Mitch McConnell (R-Ky.) began mobilizing his ranks behind a confirmation vote for Trump's nominee, perhaps before the election - although he has not committed to a timetable.

by | September 22, 2020 | 00:26

The worsening stock rout also is a blow to GM, which took an 11% equity stake in Nikola earlier this month. In a statement released on Twitter, Milton vowed to defend himself against "false allegations" made by "outside detractors" he didn't identify.

by | September 21, 2020 | 21:16

It's also important that we keep factory production as high as possible for the remaining 10 days. "This is vital for the California market". Tesla's US production, which was suspended from the end of March to early May due to the COVID-19 lockdown, has recovered in the current quarter.

by | September 21, 2020 | 21:12

The STOXX Europe 600 Banks Index, which includes euro zone lenders like Deutsche Bank and UK-based groups like HSBC and Barclays, was down 4.2% at 0800 GMT. The agency is in charge of compiling "suspicious activity reports" when it detects potential or evident financial crimes. Public sector banks were further pressured by RBI's statement that said these banks reported frauds worth over Rs 19,964 crore in total 2,867 cases during the April-June quarter of the ongoing fiscal year.

by | September 21, 2020 | 16:26

According to the Commission's estimate, supply could far outstrip demand next year. Russian Federation has announced preliminary agreements to sell its experimental COVID-19 vaccine, Sputnik V, to Brazil, Mexico, Saudi Arabia, and India, according to The Wall Street Journal .

by | September 21, 2020 | 02:22

County-wise, Denver moved into the top five highest rates in the state among that rate and now sits at No. 5, with a 7.9% non-seasonally-adjusted rate. The lowest unemployment rate in the Bay Area was found in Marin County at 7%; the lowest in the state was in Lassen County at 6.7%. The only sector to post a gain in jobs from the same time as last year was the Government sector, which was up for the year by about 400 positions.

by | September 20, 2020 | 21:39

Electric automaker Tesla is also developing its electric Cybertruck . Building for the Future will allow viewers from around the world to witness Ford breaking ground on the new Rouge Electric Vehicle Center , which is the next phase of the sprawling Rouge Center complex.

by | September 20, 2020 | 16:13

AstraZeneca and the University of Oxford have not disclosed any medical information on the nature of the illness. Shares of AstraZeneca inched higher in early trade on Monday as the optimism spurred by the British drugmaker's resumption of clinical trials for its COVID-19 vaccine candidate outweighed official weekend moves to cut US drug prices.

by | September 20, 2020 | 15:24

Tough border limitations to keep the coronavirus under control have actually led to a 97.5% plunge in global travel in the area, according to the Association of Asia Pacific Airlines. The pandemic has forced airlines around the world to halt or reduce flights. - Air travel numbers are at a historic low this year. Among other airline stunts, Thai Airways International PCL this month opened a pop-up restaurant on the ground, offering in-flight meals served from airline seats to ...

by | September 20, 2020 | 14:13

Russian Federation is still in talks with Indian firms who could potentially produce the vaccine in the country. " Sputnik V vaccine could provide a credible option in our fight against Covid-19 in India", he said . Russia health ministry claimed that the coronavirus vaccine offers lasting immunity from the virus . The DRL-Sputnik V deal is an outcome of the discussions between India and Russian Federation over the use of Sputnik V Coronavirus vaccine in India.

by | September 20, 2020 | 08:13

European Commissioner for Health Stella Kyriakides said this second agreement is yet another milestone in the EU's vaccine strategy, which is expanding possibilities to ensure that EU citizens and people around the world can gradually resume their daily life.

by | September 20, 2020 | 03:56

Oil climbed Thursday after Saudi Arabia showed its determination to stop OPEC + members exceeding their production quotas. The technical panel will meet later on Wednesday, while the Joint Ministerial Monitoring Committee ( JMMC ), co-chaired by the energy ministers of Saudi Arabia and Russian Federation, is meeting on Thursday to assess compliance rates and possible actions.

by | September 19, 2020 | 17:13

The statement added Malaysia's approach in joining COVAX, establishing strategic partnerships with other countries, and direct negotiation with pharmaceutical companies would ensure that Malaysia has adequate supply of vaccines at an appropriate price when it is proven safe and effective.

by | September 19, 2020 | 04:31

The side skirts, front lower lip and rear valance are all produced from carbon fibre. The Proto is fitted with - and Nissan is now only discussing - a six-speed manual gearbox and a twin-turbo V6 engine. The only other spec numbers now confirmed by Nissan are wheel and tyre sizes: the 19-inch rims sit on 255/40 R19 (front) and 285/35 R19 (rear) tyres.

by | September 18, 2020 | 18:26

To match the enhanced performance and differentiate it from the outgoing Portofino , the new M brandishes a couple of its own unique styling cues created to subtly up its sense of aggression and sportiness. Ferrari says this particulate filter had the potential to reduce the sound of the engine, but counter measures were taken to ensure the exhaust note is at the same level, if not louder, than the preceding Portofino.

by | September 18, 2020 | 16:09

Another step to be taken on the path towards a stronger EU health Union is reinforcing the European medicine agency (EMA) and the agency for infectious diseases (ECDC), which are now perceived as underfunded and underpowered. "Vaccine cooperation saves them", she said. Von der Leyen, 61, is a trained medical doctor and comes from German Chancellor Angela Merkel's Christian Democrat party.

by | September 18, 2020 | 15:38

A QEII commuter reported seeing both the driver's and a passenger's seat fully reclined while the vehicle was travelling over 140 km/h. The incident happened near Ponoka, some 100km south of Edmonton, in July. The function does "not make the vehicle autonomous", it says. Superintendent Gary Graham of Alberta RCMP Traffic Services said: "Although manufacturers of new vehicles have built in safeguards to prevent drivers from taking advantage of the new safety systems in vehicles, those ...

by | September 18, 2020 | 12:37

All but one Fed policymaker saw rates staying at their near-zero level through 2022. Looking ahead, the Federal Open Market Committee (FOMC), the Fed's policy setting body, projected the unemployment rates to continue to decline, according to the latest economic projections.

by | September 18, 2020 | 12:05

The 2021 Mazda CX-30 subcompact crossover will be offered with a 227-horsepower turbocharged engine producing 310 pound-feet of torque. Right now, the company has chose to highlight the flagship version of the range, the 2021 Mazda CX-30 equipped with the Skyactiv-G 2.5 Turbo engine.

by | September 18, 2020 | 11:30

The global agency has also warned that the same companies making vaccines might not have the capacity to make enough vaccines for everyone who requires one. The economic case for requiring pharmaceutical companies to share their vaccine knowledge free of patents so that production can be scaled up as fast as possible could not be clearer.

by | September 18, 2020 | 10:39

Previously, TikTok confirmed that it had submitted a proposal to the US administration that "would resolve the administration's security concerns", making Oracle its technology partner in the country but keeping majority ownership of the app.