Économie

United Airlines Begins Offering Passenger COVID-19 Tests

United Airlines Begins Offering Passenger COVID-19 Tests However, this has stifled both the aviation and tourism industries. The testing will help passengers avoid an otherwise mandatory 14-day quarantine in Hawaii. The state now requires all people arriving from out of state, including residents and tourists, to self-quarantine for two weeks upon arrival-except those who provide confirmation of a coronavirus test taken within the previous 72 hours. [Full Article...]

Harley books $75 million in fresh restructuring costs, exits India

Harley books $75 million in fresh restructuring costs, exits India Industry sources said the company is looking to tie up with a partner to run its business in the country. The withdrawal from India is a blow to Indian Prime Minister Narendra Modi's "Make in India" strategy, where he has urged foreign businesses to manufacture goods locally. [Full Article...]

Australian Banks Surge as Lending Laws Eased to Boost Economy

Australian Banks Surge as Lending Laws Eased to Boost Economy Australian banks had tightened lending practices following a government-led inquiry, known as the Royal Commission, which found lenders were approving loans to people that could not repay them. New reforms announced today by Treasurer Josh Frydenberg will remove barriers that traditionally slowed down businesses and consumers from accessing credit. [Full Article...]

Hospitality curfew to see venues shut at 10pm

Hospitality curfew to see venues shut at 10pm His comments come ahead of an expected address later today from British Prime Minister Boris Johnson announcing new coronavirus restrictions. They warned that if the country continues on this trajectory, it could lead to 50,000 cases a day by the middle of October. [Full Article...]

UK announces new job support scheme to help workers hit by pandemic

UK announces new job support scheme to help workers hit by pandemic Today the Chancellor Rishi Sunak announced a replacement to the highly successful Job Retention Scheme (also know as the Furlough Scheme) - but the detail of the government's new Job Support Scheme means that more than a million British workers look nearly certain to lose their jobs when it goes into effect on November 1st. [Full Article...]

United States stocks: Nasdaq, S&P 500 crawl higher on Amazon, Apple boost

United States stocks: Nasdaq, S&P 500 crawl higher on Amazon, Apple boost MSCI's broadest index of Asia-Pacific shares outside Japan was steady after two days of declines, but the mood was hardly bullish. JPMorgan Chase & Co (NYSE: JPM) shares tumbled 0.3% to their lowest level since early July on reports that the company must pay about $ 1 billion in compensation to avoid prosecution for market manipulation. [Full Article...]

COVID-19 : quatre nouveaux cas confirmés dans la MRC des Appalaches

COVID-19 : quatre nouveaux cas confirmés dans la MRC des Appalaches Une exception est faite pour les salles de spectacle, les cinémas et les théâtres qui pourront toujours recevoir jusqu'à 250 personnes puisque la distanciation physique y est plus facile à respecter. Selon le système d'alerte, lorsqu'une région est en préalerte de niveau orange, les déplacements interrégionaux ne sont pas recommandés. Jusqu'ici huit régions sur 18 étaient déjà au palier de "pré-... [Full Article...]

HSBC and Standard Chartered fall on suspicious fund movement

HSBC and Standard Chartered fall on suspicious fund movement Shares of HSBC Holdings Plc, already trading at decade lows, slid 3.2%. Still, it's not clear all the scrutiny is making a difference. Banks use them to report suspicious behaviour but they are not proof of wrongdoing or crime. The SARs are submitted to FinCEN, headquartered in Vienna, Virginia. Banks sent these files to the U.S. authorities to raise concern about what their clients were do... [Full Article...]

FinCEN Files: Big Banks Moved $2 Trillion in Illicit Funds

FinCEN Files: Big Banks Moved $2 Trillion in Illicit Funds The London-based bank's Hong Kong shares on Monday slid below their closing low for March 2009, closing at HK$29.30. In the order of the number of dubious transactions, ICJI has named these Indian banks in its reports: IndusInd Bank, Canara Bank , Bank of India, SBI, Axis Bank, Allahabad Bank, ICICI Bank, Indian Overseas Bank , Deutsche Bank , HDFC Bank, Bank of Maharashtra, Kotak Mahindra ... [Full Article...]

Nikola founder Trevor Milton quits as company chairman amid fraud probes

Nikola founder Trevor Milton quits as company chairman amid fraud probes By late Monday morning, Milton had made his Twitter account private, but his LinkedIn account remained public and active . In June, Bloomberg reported that Mr Milton exaggerated the capabilities of the company's debut truck, Nikola One - purportedly a fuel-cell vehicle it never produced or brought to market. [Full Article...]

China's COVID-19 inactivated vaccines available by 2020 end

China's COVID-19 inactivated vaccines available by 2020 end It is the first coronavirus vaccine to be cleared for human use globally even though the final trials began earlier this month. Under the agreement, Russia's sovereign wealth fund will supply 100 million doses of Russia's COVID-19 vaccine to Indian drug maker. [Full Article...]

Oil roars back as OPEC+ address market weakness

Oil roars back as OPEC+ address market weakness Benchmark oil prices are rising steadily during trading on Friday following the results of the OPEC + Monitoring Ministerial Committee ( JMMC ). WTI oil hit two-week high on Thursday in extension of Wednesday's 4.4% advance, inflate by significant drop in United States crude stocks . [Full Article...]

Hot crossover? Mazda CX-30 gains 186 kW 2,5-litre turbopetrol!

Hot crossover? Mazda CX-30 gains 186 kW 2,5-litre turbopetrol! The "Aero Kit" - consisting of a larger rear spoiler, an extended front splitter and more - offered with the US-market turbocharged Mazda 3 hatch and sedan doesn't appear to be available on the SUV. Drivers will also find a 12-speaker Bose audio system, a multi-function steering wheel and a black upper dashboard. In Mexico, the 2.5-litre turbo engine will be offered exclusively with the highly-s... [Full Article...]

WTO: US Violated Trade Rules With Tariffs on China

WTO: US Violated Trade Rules With Tariffs on China The decision could help fuel a Trump decision to leave the WTO or underpin United States arguments for reforming the 25-year-old trade body, said Margaret Cekuta, a former USTR official who helped write a crucial report on China's intellectual property abuses that preceded Trump's tariffs. [Full Article...]

United Kingdom diner discounts push inflation to near five-year low

United Kingdom diner discounts push inflation to near five-year low The Office for National Statistics ( ONS ) said the Consumer Prices Index tumbled from 1 per cent in July to 0.2 per cent in August - the lowest rate since December 2015. Another reason for deflation, the ONS noted, comes after retailers held back from increasing prices for autumn selling season. It is the first time prices have fallen since records began in 1989, the BBC is reporting . [Full Article...]

IEA cuts forecast for global oil demand growth in backhalf 2020

IEA cuts forecast for global oil demand growth in backhalf 2020 Navneet Damani, VP Commodities Research, Motilal Oswal Financial Services said, "The peak holiday driving season has ended in the USA and the rush-hour traffic is still sparse with India, the third-biggest consumer, has seen transport fuel sales remaining below 20 percent below a year ago levels last month". [Full Article...]

United Kingdom jobless rate rises to 4.1% as virus effects take hold

United Kingdom jobless rate rises to 4.1% as virus effects take hold Statistics from the Office for National Statistics shows that the unemployment rate for people aged 16 and over increased to 4.6% (128,000) over that period, a 0.1% increase on the previous quarter. Unemployment in the region for the three months to July was however down 1,000 to 129,000 for the three months to the end of July - 4.4 per cent of the working population. [Full Article...]

Yoshihide Suga wins party vote for Japan prime minister

Yoshihide Suga wins party vote for Japan prime minister Suga is nearly certain to succeed Abe Shinzo as prime minister following a vote in the Diet on Wednesday. Abe announced last month that he would resign due to health problems. He also says he seeks to build a nation of "self-support, mutual support then public support", raising concerns of having a vision of a government that is cold to the weak and the needy. [Full Article...]

EU to delay euro clearing decision on Brexit divorce threat

EU to delay euro clearing decision on Brexit divorce threat The Tory MP for Torridge and West Devon said tariffs and customs procedures on certain goods entering Northern Ireland from Great Britain were an "unpalatable but inescapable" feature of the original agreement. "We have a duty to uphold the rule of law". Rehman Chishti, the prime minister's special envoy on freedom of religion and belief, has resigned in protest at the Internal Market Bill and i... [Full Article...]

United States curbs some imports from China's Xinjiang, citing forced labor

United States curbs some imports from China's Xinjiang, citing forced labor Other products linked to Chinese forced labor in the past have included artificial flowers, bricks, Christmas decorations, coal, fireworks, footwear, garments and nails, according to a report from the U.S. Customs and Border Protection. The Trump administration has over the past year issued eight of what are known as "withhold release orders", on goods from China to block goods tainted by f... [Full Article...]


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