ETRADE Capital Management LLC Has $597,000 Holdings in Lithia Motors Inc (NYSE:LAD)

ETRADE Capital Management LLC increased its position in shares of Lithia Motors Inc (NYSE:LAD) by 10.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,294 shares of the company’s stock after purchasing an additional 708 shares during the period. ETRADE Capital […]

AE Wealth Management LLC Boosts Stock Position in Synopsys, Inc. (NASDAQ:SNPS)

AE Wealth Management LLC raised its stake in Synopsys, Inc. (NASDAQ:SNPS) by 14.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,785 shares of the semiconductor company’s stock after purchasing an additional 229 shares during the period. AE Wealth Management LLC’s holdings in […]

ETRADE Capital Management LLC Sells 1,830 Shares of Allergan plc (NYSE:AGN)

ETRADE Capital Management LLC cut its position in shares of Allergan plc (NYSE:AGN) by 36.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,173 shares of the company’s stock after selling 1,830 shares during the quarter. ETRADE Capital Management LLC’s […]

ETRADE Capital Management LLC Sells 5,934 Shares of Valero Energy Co. (NYSE:VLO)

ETRADE Capital Management LLC reduced its holdings in Valero Energy Co. (NYSE:VLO) by 36.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,555 shares of the oil and gas company’s stock after selling 5,934 shares during the quarter. ETRADE Capital Management […]

Invesco Ltd. (NYSE:IVZ) Position Boosted by AE Wealth Management LLC

AE Wealth Management LLC increased its holdings in Invesco Ltd. (NYSE:IVZ) by 17.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,084 shares of the asset manager’s stock after buying an additional 3,696 shares during the quarter. AE Wealth Management LLC’s […]

Horace Mann Educators Co. (NYSE:HMN) Shares Sold by ETRADE Capital Management LLC

ETRADE Capital Management LLC lowered its stake in Horace Mann Educators Co. (NYSE:HMN) by 3.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 12,243 shares of the insurance provider’s stock after selling 474 shares during the quarter. ETRADE Capital Management LLC’s holdings in Horace Mann Educators […]

Oppenheimer & Co. Inc. Boosts Stock Position in Axon Enterprise Inc (NASDAQ:AAXN)

Oppenheimer & Co. Inc. increased its stake in shares of Axon Enterprise Inc (NASDAQ:AAXN) by 20.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,830 shares of the industrial products company’s stock after purchasing an additional 1,500 shares during […]

Synchrony Financial (NYSE:SYF) Shares Sold by ETRADE Capital Management LLC

ETRADE Capital Management LLC reduced its stake in shares of Synchrony Financial (NYSE:SYF) by 20.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,834 shares of the financial services provider’s stock after selling 8,693 shares during the quarter. ETRADE Capital Management LLC’s holdings […]

Germany stamps authority on Lufthansa with €9b lifeline

FRANKFURT, May 26 — Germany threw Lufthansa a €9 billion (RM42.7 billion) lifeline yesterday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline. The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20 per...

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline. Lufthansa has been locked in talks with Berlin for weeks over aid it needs to survive an expected protracted travel slump, with the

Germany stamps authority on Lufthansa with $9.8 billion lifeline

The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20% stake, which could rise to 25% plus one share in the event of a takeover attempt, as it seeks to protect thousands of jobs.

Germany takes Lufthansa stake in landmark $15b bailout

The German government takes a 20 per cent stake in the struggling airline that has been battered by the pandemic.

Germany takes Lufthansa stake in landmark $15b bailout

The German government takes a 20 per cent stake in the struggling airline that has been battered by the pandemic.

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany stamps authority on Lufthansa with $9.8 bln lifeline

FRANKFURT/BERLIN — Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline.

Edison International (NYSE:EIX) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in shares of Edison International (NYSE:EIX) by 3.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,271 shares of the utilities provider’s stock after selling 3,487 shares during the period. PNC Financial […]

PNC Financial Services Group Inc. Sells 811 Shares of Laboratory Corp. of America Holdings (NYSE:LH)

PNC Financial Services Group Inc. cut its stake in shares of Laboratory Corp. of America Holdings (NYSE:LH) by 2.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,421 shares of the medical research company’s stock after selling 811 shares during the […]

PNC Financial Services Group Inc. Sells 592 Shares of Vanguard Extended Market ETF (NYSEARCA:VXF)

PNC Financial Services Group Inc. cut its holdings in Vanguard Extended Market ETF (NYSEARCA:VXF) by 1.4% during the 1st quarter, Holdings Channel reports. The fund owned 41,489 shares of the company’s stock after selling 592 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard Extended Market ETF were worth $3,757,000 as of […]

Oppenheimer & Co. Inc. Reduces Position in Unum Group (NYSE:UNM)

Oppenheimer & Co. Inc. cut its position in shares of Unum Group (NYSE:UNM) by 5.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,352 shares of the financial services provider’s stock after selling 2,506 shares during the period. Oppenheimer & Co. […]

PNC Financial Services Group Inc. Sells 2,146 Shares of Leidos Holdings Inc (NYSE:LDOS)

PNC Financial Services Group Inc. decreased its holdings in shares of Leidos Holdings Inc (NYSE:LDOS) by 4.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,268 shares of the aerospace company’s stock after selling 2,146 shares during the quarter. PNC […]

Hancock Whitney Corp Sells 1,792 Shares of Walmart Inc (NYSE:WMT)

Hancock Whitney Corp cut its position in shares of Walmart Inc (NYSE:WMT) by 13.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,014 shares of the retailer’s stock after selling 1,792 shares during the period. Hancock Whitney Corp’s holdings in Walmart […]

Philippine leader answers call of workers begging to go home

MANILA (Reuters) - Philippine President Rodrigo Duterte has given his government a week to process some 24,000 repatriated Filipino workers stuck for weeks on cruise ships or in coronavirus quarantine, so they can finally go home.

Philippine leader answers call of workers begging to go home

Philippine President Rodrigo Duterte has given his government a week to process some 24,000 repatriated Filipino workers stuck for weeks on cruise ...

Philippine leader answers call of workers begging to go home

MANILA — Philippine President Rodrigo Duterte has given his government a week to process some 24,000 repatriated Filipino workers stuck for weeks on cruise ships or in coronavirus quarantine, so they can finally go home.

Philippine leader answers call of workers begging to go home

MANILA, May 25 — Philippine President Rodrigo Duterte has given his government a week to process some 24,000 repatriated Filipino workers stuck for weeks on cruise ships or in coronavirus quarantine, so they can finally go home. Thousands are aboard cruise vessels off Manila Bay or stuck in...

The death of Osama bin Laden

MANILA: Philippine President Rodrigo Duterte has given his government a week to process some 24,000 repatriated Filipino workers stuck for weeks on cruise ships or in coronavirus quarantine, so they can finally go home. Thousands are aboard cruise vessels off Manila Bay or stuck in hotels and crowded health facilities, some growing frustrated having tested negative for the

Lufthansa says Germany approves stabilization package

FRANKFURT (Reuters) - Germany’s new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa (LHAG.DE), Germany’s flagship carrier said on Monday.

Lufthansa says Germany approves stabilization package

Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro (US$9.80 billion) stabilization package for Lufthansa , Germany's ...

Lufthansa says Germany approves stabilization package

Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany's flagship carrier said on Monday. "The Executive Board also supports the package", Lufthansa said, adding that the bailout still need consent

Lufthansa says Germany approves stabilization package

Lufthansa says Germany approves stabilization package

S&P/TSX composite starts week higher, U.S. stock markets closed for holiday

TORONTO — Canada's main stock index started the trading week by moving higher, fuelled by gains in the financial and industrial sectors. The S&P/TSX composite index was up 94.85 points at 15,008.49. U.S.

S&P/TSX composite index up on broad-based rally, while U.S. stock markets closed

TORONTO — Canada's main stock index posted a triple-digit advance in late-morning trading, fuelled by a broad-based rally on the Toronto Stock Exchange. The S&P/TSX composite index was up 151.79 points at 15,065.43. U.S.

S&P/TSX composite index up on broad-based rally, while U.S. stock markets closed

Canada's main stock index posted a triple-digit advance in late-morning trading, fuelled by a broad-based rally on the Toronto Stock Exchange.

TSX starts week higher

Canada's main stock index started the trading week by moving higher, fuelled by gains in the financial and industrial sectors.

China's pork imports in April jump 170% to record high

China, the world’s top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.

China's pork imports in April jump 170% to record high

BEIJING, May 25 (Reuters) - China, the world's top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.China imported 1.35 million tonnes of pork in the first four months of this year, surging 170.4% from the same period a year ago, after a plunge in domestic production kept prices much higher than other markets.

China's pork imports in April jump 170% to record high

BEIJING — China, the world’s top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.

UPDATE 1-China's pork imports in April jump 170% to record high

* African swine fever slashed China's pig herd* Chinese buyers stock up on cheap U.S. pork* Pork prices have fallen in China (Adds graphic, details)BEIJING, May 25 (Reuters) - China, the world's top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.

Germany will take stake in Lufthansa in landmark $9.8-bn bailout deal

Government’s holding in the company, privatized with fanfare two decades ago, to start at 20% and could rise above 25%

Germany Will Take Lufthansa Stake in Landmark $9.8 Billion Bailout

Germany will offer Deutsche Lufthansa AG a 9 billion-euro ($9.8 billion) bailout that thrusts the state back into the heart of a company privatized with fanfare two decades ago.

Berlin to take 20% stake in €9bn bailout of Lufthansa as airline struggles amid Covid-19 travel fallout

Germany will offer Lufthansa a €9bn bailout in return for a 20% stake two decades after the airline was privatised with much fanfare.

Germany will take Lufthansa stake in landmark US$9.8B bailout

Germany will offer Deutsche Lufthansa AG a 9 billion-euro (US$9.8 billion) bailout that thrusts the state back into the heart of a company privatized with fanfare two decades ago.

HDFC Q4 profit declines 10 per cent to Rs 4,342 crore

The board has proposed a dividend of Rs 21 per share of the face value of Rs 2 per unit, HDFC Ltd said in a regulatory filing.

Housing firm HDFC Ltd profit declines 10% to Rs 4,342 crore in Q4

The company's net profit (before adjustment of minority interest) was Rs 4,811.26 crore in January-March quarter of 2018-19

HDFC Ltd Q4 profit declines 10 pc to Rs 4,342 cr 

Housing finance firm HDFC Ltd on Monday reported a 10 per cent decline in consolidated net profit to Rs 4,341.58 crore for the fourth quarter ended March 31. 

HDFC profits decline: How much has the impact of COVID-19 been?

Lockdown extensions economically disastrous, says Anand Mahindra

While acknowledging that choices are not easy for policy makers, he said a lockdown extension will not help.

Lockdown extensions economically disastrous, create another medical crisis, says Anand Mahindra

Lockdown extensions economically disastrous, create another medical crisis: Anand Mahindra

News News: NEW DELHI: Mahindra Group Chairman Anand Mahindra on Monday said lockdown extensions are not just economically disastrous but also create another medi.

Lockdown Extensions Economically Disastrous, Create Another Medical Crisis: Anand Mahindra

Choices are not easy for policymakers, Anand Mahindra says, but a lockdown extension will not help.

Major industries, govt agencies owe about Rs 5 lakh cr in outstanding dues to MSMEs: Nitin Gadkari

The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45 days.

Dues to MSMEs at Rs 5 lakh cr: Nitin Gadkari

Union Minister Nitin Gadkari on Monday said the government agencies, public sector undertakings and major industries owe an estimated Rs 5 lakh crore in outstanding payments to MSMEs.

PSUs, govt agencies owe Rs 5 trn in outstanding dues to MSMEs: Gadkari

The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45 days

Major industries, govt agencies owe about Rs 5 lakh crore in outstanding dues to MSMEs: Nitin Gadkari

India Business News: Union minister Nitin Gadkari on Monday said the government agencies, public sector undertakings and major industries owe an estimated Rs 5 lakh crore

Slump in consumption, exports push Germany into recession in Q1

The Federal Statistics Office said capital investments fell by 6.9 percent, private consumption by 3.2 percent and exports by 3.1 percent between January and March compared with the last three months of 2019.

Slump in consumption, exports push Germany into recession in Q1

A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed on Monday, giving a glimpse of the damage caused by the coronavirus pandemic.

Slump in consumption, exports push Germany into recession in Q1

BERLIN, May 25 — A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed today, giving a glimpse of the damage caused by the coronavirus pandemic. The Federal Statistics Office said capital investments...

Slump in consumption, exports push Germany into recession in first quarter

Slump in consumption, exports push Germany into recession in first quarter

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately. The company says instead of replacing Marino it has created an executive committee to run the firm that includes chairman and former chief executive Lorenzo Donadeo, who has been named executive chairman. …

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

Vermilion CEO departs

Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

Fiera Capital Corp Grows Position in salesforce.com, inc. (NYSE:CRM)

Fiera Capital Corp lifted its holdings in salesforce.com, inc. (NYSE:CRM) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,677 shares of the CRM provider’s stock after buying an additional 175 shares during the period. Fiera Capital […]

Fiera Capital Corp Sells 307 Shares of Aptiv PLC (NYSE:APTV)

Fiera Capital Corp trimmed its holdings in Aptiv PLC (NYSE:APTV) by 2.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,935 shares of the auto parts company’s stock after selling 307 shares during the period. Fiera Capital Corp’s holdings in Aptiv […]

Interpublic Group of Companies Inc (NYSE:IPG) Shares Purchased by Swiss National Bank

Swiss National Bank raised its holdings in Interpublic Group of Companies Inc (NYSE:IPG) by 23.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,504,918 shares of the business services provider’s stock after buying an additional 283,800 shares during the quarter. Swiss National […]

Ameren Corp (NYSE:AEE) Stock Position Increased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lifted its position in Ameren Corp (NYSE:AEE) by 3.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,502 shares of the utilities provider’s stock after buying an additional 1,188 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in […]

France has lowest daily increase in new Covid-19 cases, deaths since lockdown

French authorities reported the smallest daily rise in new coronavirus cases and deaths on Sunday since before a lockdown began on March 17, raising hopes that the worst of the epidemic is over in Fr…

France reports lowest daily rise since lockdown began

French authorities have reported the smallest daily rise in new coronavirus cases and deaths since before a lockdown began.

France has lowest daily rise in new coronavirus cases and deaths since lockdown

PARIS, May 25 — French authorities reported the smallest daily rise in new coronavirus cases and deaths yesterday since before a lockdown began on March 17, raising hopes that the worst of the epidemic is over in France. The number of confirmed cases rose by 115 to 144,921, health ministry data...

France reports lowest daily rise since lockdown began

French authorities have reported the smallest daily rise in new coronavirus cases and deaths since before a lockdown began.

JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition

BEIJING, May 24, 2020 /PRNewswire/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an onl...

JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition

BEIJING, May 25, 2020 /PRNewswire/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an onl...

JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition

BEIJING, May 24, 2020 /CNW/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an online exh...

JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition

BEIJING, May 25, 2020 /PRNewswire/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an onl...

Lufthansa, German government agree on rescue package: Report

The German government and the management of flagship carrier Lufthansa, which has been hit hard by the coronavirus pandemic, have reached an agreement on state aid worth billions of euros, German

Lufthansa, German government agree on US$9.8 billion rescue package: sources

The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an ...

Lufthansa, German government agree on rescue package: dpa

The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an ...

Lufthansa, German govt agree on rescue package amid travel slump: Report

Rivals such as Franco-Dutch group Air France-KLM and U.S. carriers American Airlines, United Airlines and Delta Air Lines have also sought state aid

Thailand reports 2 new coronavirus cases, 1 more death

BANGKOK (Reuters) - Thailand confirmed two new coronavirus cases and one additional death on Monday, a health ministry spokesman said.

Thailand reports 2 new coronavirus cases, 1 more death

BANGKOK, May 25 — Thailand confirmed two new coronavirus cases and one additional death today, a health ministry spokesman said. The new numbers brought the total number of cases in the South-east Asian country to 3,042 and deaths to 57 since the outbreak began in January, said Taweesin...

Toyota prepping for gradual re-start in Mexico: spokesman

MEXICO CITY (Reuters) - Toyota Motor Corp’s Mexico unit is in a preparation phase for the gradual re-start of its operations in the states of Baja California and Guanajuato, a spokesman told Reuters on Monday.

Toyota prepping for gradual re-start in Mexico: spokesman

Toyota prepping for gradual re-start in Mexico: spokesman

Nigeria's GDP grew by 1.87 per cent in Q1 - The Nation Nigeria

The National Bureau of Statistics (NBS) has said that the First Quarter of 2020, Nigeria's Gross Domestic Product (GDP) grew by 1.87 per...

Nigeria’s GDP rises by 1.87% in Q1 2020

Nike Popoola In the first quarter of 2020, Nigeria’s Gross Domestic Product grew by 1.87 per cent (year-on-year) in real terms. The National Bureau of Statistics revealed in ‘Nigeria’s Gross ...

Nigeria’s GDP expands by 1.87% amid global challenges

The non-oil sector contributed 90.50% to the nation’s GDP in the first quarter of 2020, less than the 90.78% in the first quarter of 2019

Siemens to initially keep 45% in Siemens Energy after spin-off: sources

MUNICH (Reuters) - Siemens is planning to keep a 45% stake in its energy business which the German engineering group wants to spin off later this year, two people close to the matter said on Monday.

Siemens to initially keep 45% in Siemens Energy after spin-off: sources

Siemens to initially keep 45% in Siemens Energy after spin-off: sources

Mother of Dutch PM has died at age 96 : government statement

AMSTERDAM (Reuters) - Dutch Prime Minister Mark Rutte said on Monday his mother had died at the age of 96 on May 13.

Mother of Dutch PM has died at age 96 : government statement

AMSTERDAM – Dutch Prime Minister Mark Rutte said on Monday his mother had died at the age of 96 on May 13.

Kidnapped captain of Portugal-flagged ship freed-Bulgaria

SOFIA (Reuters) - The Bulgarian captain of a Portuguese-flagged cargo ship who was kidnapped along with seven other sailors by pirates off the coast of Benin last month, has been freed, Bulgaria’s foreign ministry said on Monday.

Kidnapped captain of Portugal-flagged ship freed-Bulgaria

The captain of the container ship Tommi Ritscher, which was attacked at the port of Cotonou in the Gulf of Guinea on April 19, was already in an European country and would soon return to Bulgaria, the ministry said in a statement. The ministry said it has been in close coordination with the ship'

Malaysia reports 172 new coronavirus cases, most of them foreigners

KUALA LUMPUR (Reuters) - Malaysia reported 172 new coronavirus cases on Monday, most of them foreigners held at immigration depots, and taking the total number of infections in the country to 7,417.

Malaysia reports 172 new coronavirus cases, most of them foreigners

The Ministry of Health said the number of deaths remained unchanged at 115.

PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis

The coronavirus pandemic has disrupted the management-consulting industry.

PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis, Business Insider - Business Insider Singapore

Business Insider - These leaders are strategizing for clients, rethinking recruitment, and leading D&I efforts at global firms.. Read more at businessinsider.sg

PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis

These leaders are strategizing for clients, rethinking recruitment, and leading D&I efforts at global firms.

HDFC profit falls 22% to Rs 2,233 crore in March quarter

HDFC board announced a dividend of Rs 21 per share for FY20.

HDFC posts 22% fall in Q4 net, provisions rise on COVID-19 impact

It has reported an increase in provisioning, including impact for COVID-19, at Rs 1,274 crore (Rs 398 crore for COVID-19). The HDFC board has proposed a final dividend of Rs 21 per share as against a final dividend of Rs 17.50 the previous year.

HDFC Q4 profit drops 22 pc to Rs 2,233 crore, declares dividend of Rs 21 per share

HDFC Q4 profit drops 22 pc to Rs 2,233 crore, declares dividend of Rs 21 per share: Housing Development Finance Corporation (HDFC) on Monday reported 22 per cent fall in net profit at Rs 2,233 crore for the January to March quarter.. Get all latest entertainment & viral stories on english.lokmat.com

Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

MEXICO CITY (Reuters) - Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation’s automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases.

Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

In steepest fall since 2003, processing of crude slumps 29%

India’s crude oil processing in April slumped by 28.8 per cent from a year ago, its biggest drop since at least 2003, as a nationwide lockdown weighed on fuel demand and forced refiners to cut product

India's April crude processing sees biggest drop in nearly two decades

Refiners processed about 14.75 million tonnes or 3.60 million barrels per day (bpd) of oil last month, government data showed

Crude processing in April sees biggest drop in nearly two decades

The lockdown and travel curbs aimed at stemming spread of COVID-19 since March 25 forced people to stay home, cutting India's fuel demand by 45.8 percent in April.

COVID-19 deaths in Sweden top 4,000: Public Health Agency

STOCKHOLM (Reuters) - The death toll from the outbreak of the novel coronavirus in Sweden has topped 4,000, statistics published by the Public Health Agency showed on Monday.

COVID-19 deaths in Sweden top 4,000: Public Health Agency

The death toll from the outbreak of the novel coronavirus in Sweden has topped 4,000, statistics published by the Public Health Agency showed on Monday. The data published on the agency's website showed that deaths from COVID-19, the disease caused by the new coronavirus, had risen to 4,029 from

French carmaker Renault could close plants and cut jobs: union

PARIS (Reuters) - French carmaker Renault (RENA.PA) could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs, a representative for far-left union CGT said on Monday.

French carmaker Renault could close plants and cut jobs: union

French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros (US$2.2 billion) in ...

German sentiment survey boosts stocks, Europe focuses on recovery fund

LONDON (Reuters) - Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns.

German sentiment survey boosts stocks, Europe focuses on recovery fund

LONDON, May 26 — Stocks gained modestly yesterday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns. MSCI’s gauge of world stocks gained 0.4 per cent, nearing a...

Mackay Shields LLC Invests $1.78 Million in Axon Enterprise Inc (NASDAQ:AAXN)

Mackay Shields LLC acquired a new position in shares of Axon Enterprise Inc (NASDAQ:AAXN) during the first quarter, Holdings Channel.com reports. The fund acquired 25,200 shares of the industrial products company’s stock, valued at approximately $1,784,000. A number of other institutional investors and hedge funds also recently modified their holdings of AAXN. Wealth Quarterback LLC […]

AE Wealth Management LLC Raises Holdings in Axon Enterprise Inc (NASDAQ:AAXN)

AE Wealth Management LLC lifted its holdings in shares of Axon Enterprise Inc (NASDAQ:AAXN) by 8.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 3,137 shares of the industrial products company’s stock after acquiring an additional 256 shares during the period. AE Wealth Management LLC’s holdings in […]

Gold Price News and Forecast: XAU/USD is consolidating gains at the start of the new trading week

XAU/USD is consolidating the recent gains while hovering above $1700 per troy ounce and the main SMAs on the four-hour chart. Gold bulls need a break

Gold Price Analysis: XAU/USD sideways, trading near $1730/oz

XAU/USD is consolidating the recent gains while hovering above $1700 per troy ounce and the main SMAs on the four-hour chart. Gold bulls need a break above the

India sharply cuts exposure to US govt securities to $156.5 billion in March

India's holding declined by USD 21 billion to USD 156.5 billion at the end of March. The exposure was at a record high of USD 177.5 billion in February and USD 164.3 billion in January.

India sharply cuts exposure to US govt securities to $156.5 billion in March

In April last year, the same stood at $155.3 billion, according to data from the US Treasury Department.

6,668 Shares in AmerisourceBergen Corp. (NYSE:ABC) Acquired by ETRADE Capital Management LLC

ETRADE Capital Management LLC purchased a new stake in AmerisourceBergen Corp. (NYSE:ABC) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,668 shares of the company’s stock, valued at approximately $590,000. Other hedge funds also recently added to or reduced their stakes in […]

ETRADE Capital Management LLC Purchases New Holdings in Docusign Inc (NASDAQ:DOCU)

ETRADE Capital Management LLC acquired a new stake in Docusign Inc (NASDAQ:DOCU) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,364 shares of the company’s stock, valued at approximately $496,000. Several other hedge funds and other institutional investors have also added to […]

Jaguar Land Rover in rescue talks as sales plummet

Jaguar Land Rover is seeking a UK government aid package to weather a collapse in car sales brought on by the pandemic, according to people familiar with the matter.

Jaguar Land Rover in rescue talks as sales plummet

Jaguar Land Rover is seeking a UK government aid package to weather a collapse in car sales brought on by the pandemic, according to people familiar with the matter.

Nigeria’s economy expands 1.87% y/y in Q1

Expected recession could be worst in 40 years -World Bank.

Nigeria's economy grows by 1.8% in first quarter of 2020

It is the slowest quarterly growth rate in one-and-a-half years, and comes as Nigeria has still not recovered from a 2016 recession that sent more than 13 million people into unemployment.

German activity picks up, can't escape official recession

FRANKFURT — A key indicator of German business outlooks bounced upward in May as more businesses and activities re-opened — but the index remained far below normal readings as Germany faced a long journey toward full recovery from the coronavirus downturn. Revised official figures released separately Monday showed the economy has now recorded two straight …

German activity picks up, can’t escape official recession

FRANKFURT, Germany (AP) — A key indicator of German business outlooks bounced upward in May as more businesses and activities re-opened — but the index remained far below normal readings...

German government, Lufthansa agree on 9 billion euro aid package

Germany on Monday approved a 9 billion-euro (US$9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. But officials said Berlin was still in talks with the European Union's executive commission about possible conditions.

Germany approves 9 billion euro aid package for Lufthansa

FRANKFURT, Germany (AP) — Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the...

Pound Sterling Price News and Forecast: GBP/USD taking advantage of a softer US dollar and slight risk-on tones

GBP/USD is currently trading at 1.2192 and slightly higher at the start of the week. Investors remain bullish on the relaxation of lockdown measures w

GBP/USD: All ears to the ground for Brexit themes ahead of June 30

GBP/USD is currently trading at 1.2192 and slightly higher at the start of the week. Investors remain bullish on the relaxation of lockdown measures w

Toronto stock market rally led by cannabis while U.S. stock markets closed

TORONTO — Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.

Toronto stock market rally led by cannabis while U.S. stock markets closed

Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.

Book sales soar as French lockdown eases

A study for the trade weekly Livres Hebdo found that from May 11 to 17 bookshops did a roaring trade, with readers desperate to stock up while public libraries remained shut.

Book sales soar as French lockdown eases

Even so, overall, sales were 60 percent down compared the corresponding period in 2019.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,075.42, up 161.78 points.) HEXO Corp. (TSX:HEXO). Health care. Up 21 cents, or 23.86 per cent, to $1.09 cents on 22.3 million shares.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:

Mongolia to maintain strict virus regulations 'until vaccine found'

Mongolia will maintain strict coronavirus regulations until a vaccine is found, the prime minister said Monday, raising the prospect of the country being locked down for months to come.

Mongolia to maintain strict virus regulations ‘until vaccine found’

ULAANBAATAR, May 25 — Mongolia will maintain strict coronavirus regulations until a vaccine is found, the prime minister said today, raising the prospect of the country being locked down for months to come. Wedged between Russia and China, landlocked Mongolia on March 12 become one of the first...

Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)

Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]

Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)

Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]

Japan eyes fresh stimulus plan worth over US$929b to battle COVID-19

TOKYO: Japan is considering a fresh stimulus package worth over US$929 billion that will consist mostly of financial aid programmes for companies ...

Japan government considers further pandemic relief of more than ¥100 trillion, report says

The package would be funded by a second extra budget for fiscal 2020 and follow the record ¥117 trillion spending plan deployed last month.

German gov't to climb aboard at Lufthansa in virus rescue

(UPDATED) To help Lufthansa, the German government offers a 3-billion-euro loan and 5.7 billion of 'silent' capital. It also seeks to buy 20% of the company for 300 million euros.

German govt to climb aboard at Lufthansa in virus rescue

Berlin will climb aboard airline giant Lufthansa as its largest shareholder in a nine-billion-euro ($9.8 billion) rescue if investors and competition authorities agree, as the coronavirus-stricken carrier ...

Stock, Forex, Commodity, Currency Markets Shut For EId-Ul-Fitr (Ramzan) 2020

On May 22, the Sensex had ended lower by 0.84 per cent and Nifty was down 0.74 per cent. Domestic … Stock, Forex, Commodity, Currency Markets Shut For EId-Ul-Fitr (Ramzan) 2020 Read More »

Markets closed for Eid-ul-Fitar on Monday

Financial markets will resume trading on Tuesday, May 26

This Week: New home sales, US GDP, consumer spending

A look at some of the key business events and economic indicators upcoming this week:

This Week: New home sales, US GDP, consumer spending

A look at some of the key business events and economic indicators upcoming this week:

India looks to store cheap oil in United States: Oil minister

 India is looking at storing some low priced U.S. oil in facilities there as its local storage is full, oil minister Dharmendra Pradhan told CNBC TV18 news channel. India's plan could be similar to a

India looks to store cheap oil in United States: Dharmendra Pradhan

India Business News: India is looking at storing some low priced US oil in facilities there as its local storage is full, oil minister Dharmendra Pradhan said. India’s pla

Still A Lot Of Value In Corporate Bond Market

Readers can see that currently even AAA OAS are cheaper to Treasuries than at any point in the last 10 years. Ending late last week at +89 bps to Treasuries, ev

Still A Lot of Value in Corporate Bond Market

Bonds Analysis by Brian Gilmartin covering: General Motors Company, iShares Nasdaq Biotechnology ETF, Crude Oil WTI Futures, SPDR® S&P Biotech ETF. Read Brian Gilmartin's latest article on Investing.c

Swarms of locusts enter in Jaipur residential areas

Swarms of locusts entered some residential areas of the city on Monday, presenting the local people with an unusual sight. Locusts normally affect districts in western Rajasthan but this time the swarms have travelled as far as Jaipur city. The swarms later headed towards the Dausa district.

Swarms of locusts enter Jaipur residential areas

Locusts normally affect districts in western Rajasthan but this time the swarms have travelled as far as Jaipur city. The swarms later headed towards Dausa district.

Lufthansa state rescue deal agreed in principle, say sources

FRANKFURT AM MAIN, May 25 — Coronavirus-stricken German airline group Lufthansa has agreed in principle a nine-billion-euro (US$9.8 billion) rescue deal that would see the government come onboard as a shareholder, sources told AFP today. With mangers and ministers in agreement, Lufthansa’s...

Germany's Lufthansa agrees to government's $9.8b aid

Deal will also place federal government with a major say in airline's future course

591 New COVID-19 Cases Reported in Afghanistan

The Ministry of Public Health on Monday reported 591 new cases of COVID-19 out of 1,095 samples tested in the last 24 hours, bringing the total to 11,582.

591 New COVID-19 Cases Reported in Afghanistan

The Ministry of Public Health on Monday reported 591 new cases of COVID-19 out of 1,095 samples tested in the last 24 hours, bringing the total to 11,582.

Kotak Mahindra Bank slashes interest 0.50% rate on savings deposits

Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 percent. The bank has cut rates twice last month on its deposit rate offering on the savings accounts.

Kotak Mahindra Bank cuts interest rate by 0.50% on savings deposits

Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 per cent. The bank has cut rates twice last month on its deposit rate offering

Pound Sterling Price News and Forecast: GBP/USD portrays falling wedge on hourly chart below 1.2200

GBP/USD rises to 1.2191, up 0.15% on a day, during Monday’s Asian session. In doing so, the Cable pair extends its recoveries from Friday’s low of 1.2

GBP/USD Price Analysis: Portrays falling wedge on hourly chart below 1.2200

GBP/USD rises to 1.2191, up 0.15% on a day, during Monday’s Asian session. In doing so, the Cable pair extends its recoveries from Friday’s low of 1.2

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

MEXICO CITY, May 25 — A slowdown in China’s economy this year should allow Mexico to attract more investment, lure companies and create jobs, Mexican President Andres Manuel Lopez Obrador said today. Speaking at a regular government news conference, Lopez Obrador pointed to forecasters’...

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

Tiger Brands looking at ‘significant’ job losses as it counts cost of pandemic

Reports lower H1 earnings, defers dividend.

Tiger Brands looking at 'significant' job losses as it counts cost of pandemic

Tiger Brands employs more than 11,200 people in South Africa, excluding seasonal staff, a company spokesperson said.

Safaricom retains top position as East Africa's most valuable firm

Kenya’s listed telco Safaricom topped the region as the largest company by market capitalisation and net earnings yet again this year, even as the Covid-19 pandemic hit listed firms, wiping out

Safaricom retains top position as the most valuable firm in the region

It has a market capitalisation of $9.96b, a net income of $598m and $10b worth of market value.

Melon-aires not required as Japan premium fruit prices plunge

A pair of premium Japanese melons sold Monday for just a slice of the five million yen ($46,000) reached at auction last year, as the coronavirus bites hard.

Melon-aires not required as Japan premium fruit prices plunge

TOKYO, May 25 — A pair of premium Japanese melons sold today for just a slice of the ¥5 million (RM200,720) reached at auction last year, as the coronavirus bites hard. The melons from Yubari on the northern island of Hokkaido sold for a snip at ¥120,000 at the season’s first auction — 40...