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Coronavirus: Crisis-hit Virgin Atlantic files for bankruptcy

Advertisement In essence, Chapter 15 allows foreign individuals or companies to file for bankruptcy protection in the United States in cases where assets in mor...

Gold Price Blasts Through $2000 to Mark Fresh Record High

U.S. gold futures rose 0.4 per cent to $1,993.20. Spot silver declined 0.2 percent to $24.3345 an ounce after surging 34 percent in July. The coronavirus...

Oil edges lower on oversupply concerns as Opec+ set to raise output

The mitigation efforts have resulted in reduced economic activity and caused changes in energy supply and demand patterns. Texas had the largest decrease ...

CERB recipients will be transferred to EI program soon: PM

Details of the program will be unveiled sometime in August, Trudeau said. Trudeau said that a transitional parallel benefit that's similar to EI will be creat...

Egypt Responds To Elon Musk's Claim That "Aliens Built The Pyramids"

She wrote on Twitter: "I follow your work with a lot of admiration". SpaceX mogul Elon Musk recently claimed that pyramids in Egypt were built by alien...

Virgin Galactic's supersonic jet capable of speeds over Mach 3

The aircraft is created to be able to take passengers on long-distance commercial aviation routes, taking off and landing like any other passenger aircraft, and...

Thousands of Scottish restaurants and bars sign up for discount scheme

Chancellor Rishi Sunak set up the scheme to help struggling businesses in the hospitality sector by encouraging the British public to eat out again, whilst also...

Facebook posts slowest growth in revenue in the second quarter

Facebook also said that for the current quarter the boycott was a "contributing factor" in its outlook . It forecast ad revenue growth in the third quarter...

Parent company of Men’s Wearhouse files for bankruptcy

In a separate court filing on Sunday Le Tote reported $253.5 million in annual revenue for 2019, Bloomberg said. Lord & Taylor says it plans to close all 38...

White House 'not optimistic' on near-term aid deal

Both White House Chief of Staffe Mark Meadows and House Speaker Nancy Pelosi acknowledged that the amount of the extra payments remained a significant sti...

Australia lockdown: Why has Victoria declared a state of disaster?

Australia on Sunday introduced sweeping new measures to control a growing coronavirus outbreak in its second-biggest city, including an overnight curfew and a...

UAE becomes first country in Arab World to produce nuclear energy

Since receipt of an operating licence from the Federal Authority for Nuclear Regulation (FANR) in February, and the completion of fuel assembly loading in March...

"Come, Check Them Out": Egypt On Elon Musk's Aliens Built Pyramids Tweet

If you follow Elon Musk on Twitter you will know that he hip fires tweets all day long, so if you did follow him you'll notice he has been tweeting out arti...

Australia's Victoria declares state of disaster and imposes curfew to contain coronavirus

With an eye on how quickly the virus swept through Victoria, bordering states announced fresh precautionary measures. Melbourne is going into lockdown tonig...

Australia unveils plan to force Google and Facebook to pay for news

The arbitrator must choose one of the offers within 45 business days from the start of the arbitration process. "We are reviewing the government's proposal to...

Nvidia-Arm Deal Could Be Reached In 'Next Few Weeks'

It would be interesting to see the impact this would have on the mobile industry, in addition to Apple's recently announced plans to release ARM-powered Macs....

Taking on SpaceX, Amazon to invest $10 billion in satellite broadband plan

Amazon's Project Kuiper will compete with the Starlink constellation being set up by Elon Musk's SpaceX . On July 31, the program reached a key milestone wi...

Euro zone GDP in record slump; inflation ticks up

Earlier this month, European Union leaders approved a €750bn (£677bn, $890bn) coronavirus recovery package in Brussels , of which around half will be issued as...

How major U.S. stock indexes fared Friday

Apple Inc surged 6% in premarket trading, setting the stock on course to open at a record high, as it delivered year-on-year revenue gains across every categor...

Sysco Recalls Red Onions Linked to Salmonella Outbreak

That includes 43 cases in British Columbia, 55 in Alberta, 13 in Manitoba, two in Ontario and an individual in P.E.I. who reported falling ill after travelling ...

Aged care worker tests positive for coronavirus in Queensland

He is the only case recorded in Queensland on Friday, but the second case of community transmission linked to the cluster, after one of the women's sisters test...

Victoria Cohen: Joe Biden's enthusiastic supporters

Trump was impeached previous year after being caught pressuring Ukrainian leaders to produce damaging information about work Biden's son did in the region, even...

Free childcare and preschool drive biggest drop in consumer prices on record

This CPI measure hasn't gone backwards so dramatically in nearly 60 years but the quarterly plunge was the steepest since the early 1930s Great Depression, as a...

Singapore Airlines Group Announces Financial Results

Low-priced unit Scoot operated a minimal network to cities including Hong Kong and Perth. The shares fell as much as 5.1 per cent to S$3.35, the lowest intrad...

Oil prices jump on United States inventory drop

Oil prices posted gains once again on Wednesday on the back of bullish data from the EIA, but analysts are warning that plenty of downside risks remain. "The re...

Trump suggests delaying 2020 USA election, Republicans say no

The co-founder of the conservative Federalist Society said Thursday in a blistering New York Times op-ed that President Donald Trump's tweet musing about ...

Kodak CEO the picture of wealth on stock rally, government deal

The enormous rally in Kodak ( KODK ) shares has no end in sight, after the Trump administration announced the company will be transformed into a pharmaceuti...

Alphabet Earnings: Google Cloud Revenue Run Rate Tops $12B

Despite the dip, the company's stock remained steady after-hours. Why it matters: The company may have fared better than investors were expecting, but the c...

Huawei has (briefly) overtaken Samsung as the world's top smartphone vendor

Huawei still suffered an annual decline in smartphone shipments of5%. It remains unclear how much of Huawei's second-quarter sales were driven by its 5G sm...

Gold demand within the nation decreased by 70%, know what’s the motive

In the second quarter, demand for jewelery declined by 74 % to 44 tonnes from 168.6 tonnes. In value terms, sales were Rs 26,600 crore, down by 57%. Also Read...

Donald Trump Wants 2020 Election Delayed

Mr Trump has in the past said there was a risk of "thousands and thousands of people sitting in somebody's living room, signing ballots all over the place". ...

US President Donald Trump floats election ‘delay’ amid claims of voting fraud

When asked if Biden had considered what would happen if he wins but Trump refuses to leave the White House, Biden said "I'm absolutely convinced they will escor...

Here Are the Key Points of GOP's Virus Relief Package

Democrats want to extend the payment at its current level. While some Republicans talked about the need for a stopgap extension of the enhanced unemployment b...

Sen. Mitch McConnell Announces New HEALS Act with $1,200 Stimulus Checks

On Monday, Senate Majority Leader Mitch McConnell (R-Ky.) announced the GOP bill will be called the HEALS Act , which stands for health, economic, assist...

Ryanair reports €185 million first quarter loss

The low-priced airline, like its competitors, was forced to ground its fleet as Covid-19 wreaked havoc on timetables with travel bans and lockdowns introduced...