Finance

Derek Chauvin is on trial for George Floyd's death

MORE NEWS THIS CATEGORIES

February Jobs Report Breaks Records Amidst Coronavirus

The February jobs report , however, reflected the state of the labor market before the coronavirus outbreak broadened out. "This is far and away the hottest ...

OPEC+ on brink of failure as Russian Federation resists push for deeper cuts

Historically, Russia always plays hard ball before caving in and agreeing to more cuts. Saudi Arabia , the world's third-biggest producer, is a supporter o...

Starbucks stops use of personal cups, increases cleaning amid coronavirus

If you picked yesterday to save the planet by investing in a $2 reusable Starbucks cup, well buddy, you picked the wrong day. What can I do about COVID-19? ...

Apple pulls out of South by Southwest festival amid coronavirus outbreak

According to Bloomberg , Apple said Wednesday it wouldn't be attending SXSW , while a Netflix representative also told the publication it'd be pulling out of...

Warren Is ‘Most Powerful Person’ in The Democratic Party — MSNBC Anchor

It's a decent scalp, for sure, although there will be many Bernie Sanders supporters today who wish she had gone the extra mile by dropping out before Su...

Yes Bank: 30 days to find resolution, says RBI governor

SBI shares fell as much as 5.4% on the report, before reversing course to close 1% higher. Reports have said that the government has asked the State Bank of ...

Amazon Removes Over 1 Million Products Over False Coronavirus Claims

The global impact of coronavirus has apparently deepened, with reported deaths of almost 2,797 globally. According to the World Health Organization, false c...

Euro near two-month highs, dollar inches up after Fed cut

While rate-cut expectations have shot up, an emergency European Central Bank rate reduction will be complicated as rates are already negative. "In the past, t...

GM unveils long-range battery in new electric auto push

With Tesla's current 390 mile range, GM's battery promises a 400 mile range in just one charge. According to the automaker, the heart of the strategy is the...

Oil producing countries eye production cuts

In the meantime , many factories around the world remain shut out of fear of the deadly virus. Manufacturing, meanwhile, was idled as cities with millions of re...

PM creates new cabinet to deal with COVID-19 outbreak

Canada PM Justin Trudeau with Baby Scotti during a meeting of the PMO. The COVID-19 cabinet committee will complement the work being done by the government'...

Asia shares extend Wall Street rally, but coronavirus risk lurks

Congressional leaders also agreed Wednesday on an $8.3 billion bill to battle the new coronavirus . More companies are warning investors that their finances wi...

Mkhize to speak, as SA confirms 1st case of coronavirus

The WHO declared the outbreak of coronavirus in China a global health emergency on January 30. People at the Life Care Centre in Kirkland are being tested f...

Robinhood Blames ‘Thundering Herd’ Effect for Stock Trading Outages

Robinhood was also down on March 2, 2016 , i.e. right after the most recent leap day. On Monday, March 2, Robinhood experienced a one-day technical problem ...

Supreme Court Quashes RBI Ban on Cryptocurrency Banking

A bench of justices Rohinton Nariman, Aniruddha Bose, and V Ramasubramanian pronounces the judgment on a petition by Internet and Mobile Association of India (I...

Coronavirus: Sick pay available from first day of illness

Johnson further added, "And I think that is the right way forward, and nobody should be penalised for doing the right thing." Current laws dictate workers ar...

Coronavirus Erases Hopes for Stronger Growth in 2020, Says IMF Chief

International Monetary Fund chief Kristalina Georgieva on Wednesday called for an all-out, "no regrets" response to the new coronavirus epidemic which poses a...

Citroen Introduces Ami, A €6,000 Electric Urban Transportation Vehicle

Citroen bosses are now studying the legal framework on the car's viability, the cost of converting it to right-hand drive for United Kingdom roads, and Unite...

Italian tourists diagnosed with Covid-19 in India

Today, 14 of the 21 Italian tourists and one Indian driver of the tour bus tested positive for coronavirus cases. The team, including senior professors and epid...

G7 committed to using all appropriate policy tools; markets groan

In the statement , G7 countries will pledge to work together to mitigate the damage to their economies from the fast-spreading epidemic, one of the G7 offici...

Europe panicking over Indias pharma export curbs: Industry body

The Directorate General of Foreign Trade (DGFT) has restricted export of APIs and formulations like Paracetamol, Tinidazole, Metronidaxole, Vitamins B1, B6, B 1...

Despite Interest Rate Cut, US Stocks Fall 785 Points Over Coronavirus Spread

The stock market tanked last week along with markets worldwide as fears of the spreading epidemic rattled investors. Oil continued its rebound Tuesday, approach...

Australia cuts rates to record low as risks mount

The RBA said the board made the decision to drop the cash rate by another 25 basis points, in a bid to support the economy as it responds to the global coroan...

Amazon confirms first coronavirus case among US employees

The mega corporation has over 45,000 employees in Seattle , so a coronavirus outbreak could hold potentially huge economic and social consequences for the ci...

Wall Street roars back with record-breaking point gains

After the stock current market extended gains in the session's closing minutes, the Dow wrapped up its strongest one-day get due to the fact 2009, whilst the S&...

Walmart To Launch Amazon Prime Competitor Service Next Month

News website Vox first reported the news about Walmart's new membership program . To catch up to Amazon , Walmart introduced a new service previous yea...

Jeff Bezos’ Net Worth Illustrated Using Rice

Amazon CEO Jeff Bezos met French President Emmanuel Macron in Paris to discuss "climate, sustainability and preserving the natural world". And for those skept...

Thousands of migrants look for way around shut Greek border

Throughout the trip, all praised their Turkish hosts, lauding what they characterized as Turkey's hospitality toward Syrian refugees in the country and its seam...

Italy coronavirus deaths rise to 79

A total of 1,835 people have tested positive for the novel coronavirus so far in Italy, up by 258 cases compared to an official tally released on Sunday evening...

Trump attacks Federal Reserve’s Powell over coronavirus response

With charges in Japan and Europe now in negative territory, individuals doubts are even additional amplified, suggesting the Bank of Japan and the European Ce...

Novel coronavirus outbreak slows in China but grows elsewhere around the world

In Italy, tourist hotpots including the Duomo in Milan reopened to visitors but access was limited to avoid overcrowding. The WHO said a team of experts flew ...

Dow Soars 5.1%, Best Day in More Than a Decade

The tech-heavy Nasdaq jumped 4.5% and the broader S&P 500-stock index gained 4.6%. The Nasdaq Composite Index increased 384.8 points, or 4.49 per cent, to 8,9...

'I hope the Fed gets involved' as coronavirus crushes stocks

Afterward, the Fed cut its benchmark rate three times, most recently in October to a target range between 1.5 percent and 1.75 percent. Why it matters: Ec...

Google employee tests positive for coronavirus as company further restricts travel

The company didn't further identify the employee. "We confirm that an employee of our Zurich office has been diagnosed with Corona virus", Google told Busines...

New Corona Virus Cases Prompt Further Fall in Global Oil Prices

The answer is very likely to be yes, with only the question of the size and duration of the cut to be decided. Brent crude oil is trading at $50.46, down $0.3...