Économie
China's June factory activity quickens but exports stay weak
In our view, it is too early for Beijing to reverse its easing stance", Nomura analysts wrote in a note to clients. Domestically, Chinese small firms are suffering more than larger businesses, while some industries, including textile and wood processing, are struggling to return to normal. [Full Article...]
Starbucks Suspends Advertising Across Social Media to Help Curb Hate Speech
But it added that "we know we have more work to do". "More vile the environment, less the spends". Even a Coca Cola spokesperson confirmed that although the announcement is to stop advertising on all social media platforms globally, there is not specific communication for India as of now. [Full Article...]
Barista $78K Richer After Refusing to Serve Woman
Then the customer, Amber Lynn Gilles , took a picture of him. Starbucks headquarters in Seattle did not immediately return a request for comment from CBS MoneyWatch. The California Department of Public Health (CDPH) reported a daily increase of 5,972 positive cases of coronavirus , with 60 deaths from Friday to Saturday, according to an update released Saturday morning. [Full Article...]
Zuckerberg perd 7,2 milliards $ US après un boycott publicitaire sur Facebook
Sans participer nommément à ce boycott, Coca-Cola a annoncé une pause dans ses dépenses publicitaires sur les réseaux sociaux pendant 30 jours. Il a exigé des réseaux sociaux - que d'autres marques ont décidé de boycotter pour les forcer à faire davantage pour supprimer les contenus haineux - qu'ils fassent preuve de plus de " transparence et de responsabilité ". [Full Article...]
13 more COVID-19 recoveries; two new cases
It's been four days since Public Health has announced any new cases of COVID-19. This week's totals bring the county to 994 cases since March. One case is imported, from the United States of America, while the other is a contact of a prior imported case. [Full Article...]
Oil prices broadly stable as demand upswing balances virus concerns
Both increases in USA crude oil production and inventories have spurred fears that the glut of global supply will be hard to eliminate in the second half of 2020 unless demand picks up. Lower volume of crude processing by fuel refiners is also expected to have an impact on the import bill. OIL said crude oil production dipped 5.7 per cent to 3.134 million tonnes in FY20. [Full Article...]
USA stocks end higher as bank shares lead
Asian shares were mostly higher on Wednesday with another mood boost from. Wall Street's major indexes closed higher on Thursday, with bank stocks soaring after USA banking regulators unveiled new rules that will make life easier for large banks with complex trading and investment portfolios. [Full Article...]
Modi govt has unlocked corona pandemic, petrol-diesel prices: Rahul Gandhi
OMCs stopped revising prices from March 16 to June 7 even as worldwide prices of crude oil, a crucial input in the production of petrol and diesel hit historic lows. The Delhi government had on May 5 hiked Value Added Tax (VAT) on diesel from 16.75 per cent to 30 per cent and on petrol from 27 per cent to 30 per cent. [Full Article...]
Tesla’s Terrible JD Power Results Are Off The Chart
Power clarified, "It's important to note that the primary reason for Tesla's score is not the EV-related aspects of the vehicle - they perform well here". Power ranked 32 auto brands for its study, which included Buick, Volkswagen, Lexus, Cadillac , BMW, Toyota, Acura, Subaru, and Jaguar. Tesla is the only automaker this year to not give J.D. [Full Article...]
Bayer offers $10bn to settle Roundup claims
At the time, Monsanto maintained that glyphosate - the active weed-killing ingredient in Roundup - had a history of safe use, a stance that Bayer has since echoed. Lawyers representing some of the Roundup users who declined to settle their claims vowed Wednesday to continue bringing cases to trial. It comes after a United States jury in February awarded $265 million to Missouri peach far... [Full Article...]
Wirecard: Scandal-hit firm files for insolvency
He said he had no information on whether Wirecard was operating in the Philippines, but said authorities "found something curious" about Marsalek in the immigration database. Visit Business Insider's homepage for more stories . The alliance, which is backed by Softbank, was part of a broader pact with the Japanese investor that put money into Wirecard a year ago. [Full Article...]
Actualités Corporate: Bayer s'approche d'un accord sur le Roundup
Ces "futurs cas potentiels seront régis par un 'accord de classe' soumis à l'approbation du tribunal". Le géant allemand précise toutefois que ces accords, ainsi que d'autres de moindre importance financière, "ne contiennent aucune reconnaissance de responsabilité ou de faute". [Full Article...]
Victoria reports 20 new infections, R-rate at 2.5
Australia has been a country which, on the whole, has managed to control its rate of reproduction, however, with border re-opening, there are now questions being raised as to how they could prevent a second wave. Woolworths will also apply the limits to it's online store. The uptick in new infections has seen thousands of people seek COVID-19 tests. Police were forced to shut one drive-by clinic... [Full Article...]
Modi launches Rs. 50,000 crore employment scheme for migrant workers
At least 25,000 "returnee" migrant workers will be benefited in these six states which are: Bihar , Uttar Pradesh, Madhya Pradesh, Rajasthan, Jharkhand and Odisha. "It will be run in 116 villages in six states", he added. The Prime Minister flagged-off the rs 50,000 crore scheme from village Telihar in Bihar's Khagaria district via video-conferencing in the presence of Bihar Chief Minister Nit... [Full Article...]
Trump supporters rally in Tulsa amid rising racial tensions, COVID-19 resurgence
Anticipating an overflowing crowd, the campaign had even prepared a stage outside Tulsa's BOK Center where the President could address supporters. The event - which the White House promised would be flooded with up to 100 000 people, but actually did not fill the 19 000-seat arena where Trump spoke - has emerged as a flashpoint in the pandemic era. [Full Article...]
US Stock Market Overview - Stocks Close Mixed with Nasdaq Paces the Gains
The S&P 500 closed off 0.56%, the Dow lost 0.8% and the Nasdaq managed to eke out a gain of 0.03%. The Nasdaq Composite was up 83.02 points, or 0.83%, at 10,026.07. Norwegian Cruise Line and Royal Caribbean dropped more than 7% each, while Carnival fell 6%. Arizona, Florida and Oklahoma were among the states that saw a record increase in new infections on Tuesday as businesses reopened. [Full Article...]
U.S. halts test of Trump-touted hydroxychloroquine for COVID-19 patients
Basel-based Novartis began the clinical trial in April. But the project only managed to recruit a handful. The U.S. Food and Drug Administration revoked its emergency use authorization for hydroxychloroquine to treat COVID-19 on Monday. [Full Article...]
Another 1.5 million Americans filed for unemployment last week, worse than expected
New weekly filings peaked at almost 6.9 million in March and have been dropping ever since. By Shierholz's calculations (see the chart below for a summary), about 34.5 million people are either receiving benefits - including 9.3 million in the Pandemic Unemployment Assistance program - or are in process within the system. [Full Article...]
Reliance Jio Platforms raise ₹11,367 crore from The Public Investment Fund
Ambani also revealed his goal for the next five years, which is for Reliance to have "one of the strongest balance sheets in the world". "We have a very clear roadmap to becoming a zero net-debt company within the next 18 months that is by March 31, 202", he had said past year highlighting strong interest from strategic and financial investors in consumer businesses, Jio and Reliance Retail. [Full Article...]
United Kingdom jobless claims near three million on coronavirus
Scotland's unemployment rate has gone up from 3.5% in February . The news comes amid the announcement of job losses including agency workers at Jaguar Land Rover's plant at the i54 near Wolverhampton. "Early indicators for May show that the number of employees on payrolls were down over 600,000 compared with March". New statistics from the Annual Population Survey show that 309,000 young pe... [Full Article...]