Finance

by | January 13, 2021 | 17:37

Meanwhile, India's Index of Industrial Production contracted by 1.9% in November, another set of data released by the government showed. Mining output contracted 7.3% in the month, while manufacturing declined 1.7%, indicating an unwinding of inventory build-ups with the quenching of pent-up and festive demand.

by | January 13, 2021 | 16:23

Jackpot winners have the option to receive their earnings in 30 annual installments or as a one-time, cash lump-sum. The winning numbers were 03, 06, 16, 18, 58, 11 with a Megaplier of 2. The Mega Ball drawn was 11 with a Megaplier of 2X. Mega Millions drawings are Tuesdays and Fridays and are offered in 45 states, Washington D.C. and the U.S.

by | January 13, 2021 | 08:45

World's leading electric vehicle maker Tesla is setting up its research and development (R&D) centre in Bengaluru to commence its India operations soon, said Karnataka Chief Minister B.S. Earlier, the Maharashtra government had said it is looking for potential investment from Tesla in the state and held discussions with the company. After years of back and forth and numerous tweets from the world's richest person Elon Musk regarding his plans to enter the country, American electric ...

by | January 13, 2021 | 02:53

The dollar index fell 0.463%, with the euro up 0.45% to $1.2204. In Asia, the largest MSCI index of Asia-Pacific stocks excluding Japan fell 0.2%, after jumping 5% last week to record highs. Mark Cabana, of BofA, has warned that the stimulus could put pressure on the dollar and cause the Fed to fall later this year. "An early Fed taper creates upside risks to our year-end 1.5 per cent 10-year Treasury target and supports our longer-term expectations for neutral rates moving towards 3 per ...

by | January 13, 2021 | 02:47

Rossi will therefore overlook Renault's F1 team and the whole of the company's motorsport activities, answering directly to Renault chief executive officer Luca de Meo. Rossi will be in charge of the Alpine's auto division, alongside its F1 project and other motorsport activities, and will report to Renault's CEO Luca de Meo.

by | January 12, 2021 | 22:33

A combative self-made man raised in a poor Jewish immigrant family in Boston, Adelson established hotels and casinos in Las Vegas , Macau and Singapore. Adelson was considered the nation´s most influential GOP donor over the final years of his life, at times setting records for individual contributions during a given election cycle.

by | January 12, 2021 | 15:42

Last year, we had reported on the progress made by General Motors in the development of new EV technology. Kicking things off will be a digital campaign called " Everybody In ", a series of ads created to introduce a new generation of buyers to the company's forthcoming line of EVs.

by | January 12, 2021 | 12:45

Reports last week indicated Apple is in negotiations with Hyundai to not only manufacture an electric vehicle but to also develop batteries, due to the "enormous costs" of the technology and the production facilities required. The latter will come based on the Hyundai 45 Concept. Should the timeline be met, Apple could have an Apple Car beta version first in 2022.

by | January 11, 2021 | 23:23

A molecular polymerase chain reaction (PCR) test, which involves a deep nasal swab and is distinct from a rapid test, must be administered less than 72 hours before takeoff, or 96 hours in the case of two dozen countries, mostly in the Caribbean.

by | January 11, 2021 | 21:37

The ET7 is a fully electric sedan that measures 5,098 mm long, 1,987 mm wide, 1,505 mm tall and has wheelbase that spans 3,060 mm. Tesla CEO Elon Musk has said the Model Y has the potential to outsell all other vehicles it makes. NIO will speed up the deployment of the Power Swap Stations. As such, you can buy the ET7 with a battery you can call your own, or pay less up front and subscribe to a "Battery as a Service" ( BaaS ) model that lets you swap batteries out at any of 500 Power ...

by | January 11, 2021 | 15:46

While the number of wallets with smaller balances decreased as BTC /USD climbed from $19,000 on December 1 to recent highs of $42,000, the 1,000 BTC+ group became an outlier, growing in presence. In point of fact, Bitcoin , the world's largest crypto asset with a market share of 69 per cent, opened up the day sharply lower after a raft of investors had warned of a sharp correction followed by a $40,000-milestone, while the digital asset which had rallied as much as 1,000 per cent since ...

by | January 11, 2021 | 13:09

Masks will be required in supermarkets, shops, indoor markets, hospitals and aged care facilities, places of worship, libraries, indoor recreational facilities, such as cinemas and art galleries, and gyms. No dancing will be allowed for the meantime, except for at weddings. Restrictions are set to ease at 6:00pm. "We're asking anyone who has been to specific locations the first positive case has been, to get tested and go into quarantine for 14 days since exposure", Dr Young said.

by | January 11, 2021 | 12:23

The change will soon be visible on food packaging , employee uniforms , and soon-to-be remodelled restaurants. Fernando Machado , global CMO of Restaurant Brands International, who led Burger King marketing for almost six years prior to this elevated role he took on in January 2020, shared a bit of the background.

by | January 11, 2021 | 12:14

More fiscal stimulus is expected now that Democrats have gained effective control of the US Senate , boosting the prospects for President-elect Joe Biden's legislative agenda. The data increases the likelihood of another rescue package by March. The greenback had been climbing from a almost three-year low on Thursday as a rise in USA yields helped fuel the unwinding of bearish bets on the currency, with traders taking profits against the euro in particular.

by | January 11, 2021 | 11:46

Through the power of Tesla software updates , the Standard Range might see a boost that gets it over 250 miles, but even still, a range of 244 miles is more than enough for most people's daily commutes. Rival carmakers, who often arrived late in the electric auto boom, are working on battery-powered models of their own. According to Tesla's website , Tesla's third-row seating option is an additional $3,000 upgrade as potential customers proceed to the online shop of the clean energy company.

by | January 11, 2021 | 11:43

Shares in South Korean automaker Hyundai have soared on the back of reports it was in talks with Apple for a joint project to manufacture self-driving electric vehicles. "We've been receiving requests for potential cooperation from various companies regarding development of autonomous EVs (electric vehicles)", Hyundai said.

by | January 10, 2021 | 23:23

Gavin Newsom on Thursday announced a loosening of some restrictions that would allow certain retailers, including bookstores, clothing stores, florists and sporting goods shops, to start opening as soon as today for curbside pickups, with conditions.

by | January 10, 2021 | 10:49

Ma giving a lecture in Hupan University. " Tencent has really made these investments just to see what people are doing in the USA and how they can be applied in China ", said the CEO of the Tencent-backed startup. During these statements made in 2019, Jack Ma criticized the institutions and state banks that regulate the markets in China. Ma, a Communist Party member, remains out of sight.

by | January 09, 2021 | 11:03

According to a Bloomberg report , Musk's net worth hit US$195 billion (RM788 billion), making him US$9.5 billion (RM6.06 billion) richer than Amazon CEO Jeff Bezos , who had held the top spot since October 2017. and General Motors Co. The company is poised for further near-term gains as Democrats appear on the verge of capturing both Georgia Senate seats and handing control of Congress to the party that's advocated for quicker adoption of electric vehicles.

by | January 09, 2021 | 11:00

The S&P 500 was 1.5% higher in the first trading after Congress confirmed Joe Biden as the victor of the presidential election and Jon Ossoff was declared the victor of a Georgia runoff election, tipping control of the Senate to Democrats.

by | January 09, 2021 | 10:57

But he delayed announcing any specific tariff action and said he would continue to assess all available options. The USTR says the taxes from the countries are "unreasonable" and "inconsistent with principles of worldwide taxation, including due to its application to revenue rather than income, extraterritorial application, and failure to provide tax certainty".

by | January 09, 2021 | 10:54

Scientists are hard at work testing out whether mutations found in new variants of the coronavirus could bypass the immunity offered by now developed vaccines . It expects delivery of 3.8 million doses of AstraZeneca's vaccine in January and February 2021, and plans to begin inoculations in February. The province says that so far, 6,015 doses of vaccine have been administered.

by | January 09, 2021 | 10:44

Toilet paper was a hot item for panic buyers. Despite no new local cases of COVID-19 being detected overnight, the state's Chief Health Officer, Dr Jeanette Young, said the mandate was necessary to prevent an outbreak. He issued a strong warning to holiday-makers in Queensland and interstate to "stay where you are". Greater Brisbane people face the first mandatory order to don face masks outside their homes, prompting a rush to get the essential protection.

by | January 09, 2021 | 10:33

The statement said also that the US West Texas Intermediate crude futures reached $50.24 a barrel, which is also the highest since February 26, 2020. Aside from that, worldwide political tension between S. Korea and Tehran had spurred up a crude oil buying-spree further. Between July 2014 and December 2016, and again in March and April 2020 , Saudi Arabia fought volume wars, insisting that it would not reduce output unless other countries made proportionate cuts.

by | January 09, 2021 | 10:23

Not only can the brand's new S-Class flagship be fitted with as many as five screens , but the German automaker also wants to outfit its upcoming flagship EQS all-electric auto with a massive, 56-inch "MBUX Hyperscreen ". Thanks to ambient lighting, the Hyperscreen gives an optical illusion of floating. It's made up of a single plastic frame and a large glass cover with OLED displays for the center and front passenger.