Finance

by | November 26, 2020 | 00:06

Even if you test negative, the agency said passengers should still stay home for the full seven days. The cruise operations impacted include the following: All cruises sailing through 31 March 2021; Cruises longer than seven days sailing in and out of United States ports through 1 November 2021.

by | November 25, 2020 | 17:58

Oil rose for a fourth straight day on Wednesday, shrugging off an industry report showing a higher-than-unexpected rise in USA crude stockpiles and extending a rally driven by hopes that a COVID-19 vaccine will boost fuel demand. Brent crude was up 30 cents, or 0.6%, at $48.16 a barrel by 1211 GMT, having risen nearly 4% in the previous session. Oil Futures trading at GMT 07.00; Brent: $+0.38 WTI: $+0.30.

by | November 25, 2020 | 06:26

A strengthening rupee also boosted market sentiments, traders said. Similarly, the broader NSE Nifty touched the 13,000 mark for the first time ever as it rose 76.65 points or 0.59% to 13,003.10. Nifty Mid-cap and Small-cap rose 1.31 and 2.06 per cent, respectively. Mumbai: The BSE Sensex on Monday advanced by 282 pts at 44,164.17 in the opening trade, following gains in Metal, Oil and Gas, Power and Realty stocks.

by | November 25, 2020 | 06:02

However, the world's biggest rubber glove manufacturer, in a reply to Bursa Malaysia, said it does not anticipate a penalty from the delay in delivery. Its main markets are Europe and North America. MIDF Research analyst Ng Bei Shan said in a note the closures would reduce production capacity by 50 percent, adding that a two-week closure could hurt net income by 4 percent in fiscal year 2021 if average selling prices stay the same.

by | November 25, 2020 | 03:07

Queensland , a popular holiday destination, closed its borders to travellers from New South Wales ( NSW ) and Victoria in August following clusters of COVID-19. Besides reopening its border with Victoria, New South Wales said that up to 500 people can now gather at outdoor religious gatherings. Queensland will also open to Victoria on the same date, should that state continue its long (and extremely promising) streak of no new cases.

by | November 24, 2020 | 21:54

Brent crude futures rose 21 cents, or 0.5%, to $45.17 a barrel by 0436 GMT while U.S. West Texas Intermediate crude gained 10 cents, or 0.2%, to $42.52 a barrel. He added: "Investors are ignoring near-term headwinds, chief among which are surging global Covid infections, and instead of looking ahead to next summer".

by | November 24, 2020 | 20:57

Reports that Biden plans to nominate former Federal Reserve Chair Janet Yellen to become the next Treasury Secretary further boosted United States stocks on expectations she would pursue more conventional policies than the outgoing Steven Mnuchin.

by | November 24, 2020 | 19:57

Tariff-free trade on 98% of export goods to Canada including beef, fish, seafood and soft drinks. The new Midlands North West MEP Colm Markey remains hopeful a trade agreement will be struck between the European Union and the UK. International Trade Secretary Liz Truss said: "Today's agreement underpins £20 billion worth of trade and locks in certainty for the thousands of jobs".

by | November 24, 2020 | 15:53

Musk has added $100.3 billion to his net worth this year, the most of anyone on the Bloomberg Billionaires Index , a ranking of the world's 500 richest people. After posting its fourth consecutive profit in the second quarter of this year, Tesla became eligible to join the S&P 500 in December. He held the number one position for year before being displaced by Amazon founder Jeff Bezos.

by | November 24, 2020 | 15:47

Obama originally appointed Yellen to the Fed in 2014, where she remained until early 2018. Yellen is seen as a consensus candidate, who is viewed as palatable within the progressive wing of the Democratic Party and is not expected to face strong opposition from Republicans in a Senate confirmation process.

by | November 24, 2020 | 05:25

Market sentiment bolsters on formal transition powers to US President-elect Joe Biden . Jen Psaki, a Biden representative, said on Twitter on Monday afternoon that Biden "looks forward to announcing some members of his economic team early next week who will work with him to build the economy back better".

by | November 23, 2020 | 21:27

Poonawala said that the central government will be getting it at a far cheaper price at around US$ 3-4 because it will be buying in bulk and get access to the price that is similar to what COVAX has got. "We are basing the assumption of emergency licensure based on positive United Kingdom result if we have a good United Kingdom result coming in end of November-early December, we apply for an emergency licensure use".

by | November 23, 2020 | 09:11

Slaoui added Sunday that while the vaccine is under consideration for emergency use by the FDA, the US Centers for Disease Control and Prevention and its Advisory Committee on Immunization Practices will look into the data on the vaccines and issue guidance to all the states regarding which populations should be prioritized for the distribution of the vaccine.

by | November 23, 2020 | 04:42

U.S. President-elect Joe Biden has pledged to rejoin the Paris agreement, and while Trump has so far refused to accept his election defeat, courts in the U.S. In this handout image provided by Saudi Royal Palace, Saudi King Salman gives his opening remarks at a virtual G20 summit hosted by Saudi Arabia and held over video conference amid the COVID-19 pandemic.

by | November 23, 2020 | 04:07

The iPhone 12 Pro Max is worth Rs. 1,29,900 for the 128GB storage variant, while its 256GB option is priced at Rs. 1,39,900 and 512GB storage model will come for Rs. All of these are powered by the company's new A14 Bionic chipset, which it claims is the fastest mobile chip now available in the market. All new models will have 5G support, though their USA versions are said to have antennae for faster, mmWave frequencies.

by | November 23, 2020 | 02:11

He said that by May, with potentially 70 percent of the population having been vaccinated , the country could attain "herd immunity", meaning the virus can no longer spread widely - and that people can move closer to resuming their pre-coronavirus way of life.

by | November 22, 2020 | 23:53

The move triggered a rare rebuke from the central bank which said it wanted them to continue, forming a rift between two government institutions that had collaborated closely to manage the economic fallout of the pandemic this year. U.S. Treasury Secretary Steven Mnuchin briefs reporters on President Donald Trump's newly signed executive order imposing new sanctions on Iran, at the White House on June 24, 2019 in Washington, DC.

by | November 22, 2020 | 19:26

Calls are mounting for the G20 to help plug a $4.5-billion funding gap in the so-called ACT-Accelerator, a mechanism led by the World Health Organization that aims to ensure access to tests, treatments and vaccines for all. Earlier at the G20 leaders' side event on safeguarding the planet , Xi pledged that China will make more efforts to tackle climate and other environmental challenges and protect the planet.

by | November 22, 2020 | 10:28

Also, the CEO said workers can take May 22 off to decompress so that they wouldn't suffer burnout. Employees have been working from home since March, and, as technology companies adapt to the new normal, it is hard to see how work life can return to the old way of doing things after such an extended period.

by | November 22, 2020 | 07:44

The Maybach S-Class has a head-turning design and a luxurious cabin with a host of hi-tech features. The two-tone paint job (there are 10 finishes), the bold grille with Maybach lettering, and the bright and detailed lower air dam, immediately state that this is not a "normal" S-Class.

by | November 22, 2020 | 03:40

High on the agenda of the G20 meeting are purchases and global distribution of vaccines, drugs and tests for low-income countries that can not afford such expenses themselves. While G-20 countries have contributed billions of dollars toward developing a vaccine for the virus, they have also mostly focused on securing their own vaccine supplies.

by | November 22, 2020 | 00:13

A class action lawsuit brought forward in California had already led to Apple being fined $ 500 million (approximately €421 million) with regards to the alleged slowing down of iPhones. Some customers and critics questioned if the move was instead created to prompt more sales of new iPhone models, which Apple pushed back on . The investigation has now concluded, and Apple has opted to pay $113 million to settle the matter, reports The Washington Post .

by | November 21, 2020 | 23:28

However, when Tata Sons came to know that the guidelines of the Reserve Bank of India were too strict, which could harm other businesses of the Tata Group, it withdrew the banking application. The RBI has sought comments of stakeholders and members of the public, to be submitted by January 15. But once the NOFHC structure achieves a tax-neutral status, all those banks shall move to the NOFHC structure within five years from the tax-neutrality announcement.

by | November 21, 2020 | 00:54

Discussions remain ongoing between the two sides but the middle of November had been viewed as the latest a deal could be agreed because of the amount of time needed to ratify and implement the new arrangements. "The talks will resume in person when it is judged safe to do so", Downing Street said. Barnier tested positive in March and Frost self-isolated that same month after developing coronavirus symptoms.

by | November 20, 2020 | 16:12

According to numerous reports, the Pfizer vaccine appears to be 90% effective in preventing infections. What does this mean? Efficacy in adults over 65 years, who are at particular risk from the virus, was over 94 percent. Out of 170 cases of covid-19 so far, 162 were in the placebo group - a strong signal the vaccine protected people. "With respect to the flu vaccine , we did prioritize people in long term care homes, people in hospitals, and people in congregate living settings, ...