Économie

Un neuvième employé du Costco Lebourgneuf positif à la COVID-19

Un neuvième employé du Costco Lebourgneuf positif à la COVID-19 Comme l'établissement de la rue Bouvier, à Québec, emploie près de 450 travailleurs sur une base régulière et est très fréquenté par la population, on procède actuellement à un dépistage massif. Les autorités estiment que le risque de contagion avec la clientèle est faible en raison des mesures dont le port du masque et le lavage des mains à l'entrée. [Full Article...]

Yield farming protocol Yam attracts $400m in DeFi tokens in one day

Yield farming protocol Yam attracts $400m in DeFi tokens in one day The team then plans to "support the launch of YAM 2.0 via migration contract from YAM". Farmers have until the next rebase to get at least 50,000 delegates. According to data on the on-chain market analysis platform, Glassnode, the number of addresses holding the YAM token is more than 8,600, barely two days after the project launched. [Full Article...]

Australian unemployment ticks up in July, jobs surge again By

The Australian economy added 114,700 jobs last month - exceeding forecasts for an increase of 40,000 following the addition of 210,800 jobs in the previous month. Australia's unemployment rate ticked up to a 22-year high of 7.5% in July with a fresh wave of coronavirus infections in the southeastern state of Victoria further threatening the outlook. [Full Article...]

Turkey's Erdogan threatens Greece over energy dispute in Mediterranean

Turkey's Erdogan threatens Greece over energy dispute in Mediterranean France, which has called for European Union sanctions on Turkey for its activities in the Mediterranean, held training exercises with Greek forces near the island of Crete on Thursday. "Greece, through this deal, violates our and Libya's continental shelf". "If we act with common sense and reason, we can find a win-win solution that meets everyone's interests". [Full Article...]

Taoiseach Micheál Martin to meet Boris Johnson in Northern Ireland today

Taoiseach Micheál Martin to meet Boris Johnson in Northern Ireland today Ahead of his trip he recognised how the close working between Westminster and Stormont had been vital during the Pandemic. UK Prime Minister Boris Johnson is expected to visit Northern Ireland on Thursday to talk up the strength of union between Britain's constituent nations and promise a strong rebound from the coronavirus crisis. [Full Article...]

At-home food inflation dips in July, but consumers still feeling the pinch

At-home food inflation dips in July, but consumers still feeling the pinch Prices for full service meals increased 0.4%. The CPI increased by the same margin in June. "PPI has been in the negative in 12 out of 13 months to July". "These readings bear watching for further acceleration even though the trend remains subdued against a backdrop of weak demand and excess capacity", Rubeela Farooqi, chief US economist at High Frequency Economics, said in a note. [Full Article...]

Tesla splits stock to make it more attractive to investors

Tesla splits stock to make it more attractive to investors Trading will begin on a stock split-adjusted basis on August 31, 2020. Tesla's per-share value closed at $1,374.39 on Tuesday - giving the firm a total market value of $256.1 billion. At the beginning of the month Apple announced its first stock split since 2014. Incidentally, those tweets also sent Tesla share prices rocketing at the time . [Full Article...]

Cuomo criticizes Trump’s use of executive orders to address coronavirus crisis

Cuomo criticizes Trump’s use of executive orders to address coronavirus crisis Republicans have argued against providing direct aid to state governments, like in NY, saying those states had mismanaged their finances long before the pandemic, and that the federal government shouldn't be held responsible for those choices. [Full Article...]

Turkey ETF Retreats on Rate Hikes Expectations Due to Plunging Lira

Turkey ETF Retreats on Rate Hikes Expectations Due to Plunging Lira In point of fact, the Turkish economy, which has been in the brink of a United States sanction since past year over purchasing of Russ anti-aircrafts, had already been in a recession before the onset of the pandemic outbreak. Limiting access to the lira makes it harder for foreign investors to bet the currency will weaken. The cost of insuring against default on $10,000 of five-year Turkish dollar... [Full Article...]

Berkshire bought back record $5bn of stock last quarter

Berkshire bought back record $5bn of stock last quarter Jim Shanahan, an analyst at financial advisors Edward Jones, estimated that Berkshire repurchased about $2.4bn more of its own stock in July. That's down from $6.1 billion, or $3,754.83 per share. Despite the company's record buybacks previous quarter, the Berkshire's dollars hoard grew to extra than $140 billion. Unrealized gains in the stock holdings accounted for a $34.5 billion gain. [Full Article...]

McDonald's sues former boss Steve Easterbrook for lying about relationships

McDonald's sues former boss Steve Easterbrook for lying about relationships McDonald's is looking to regain the tens of millions in severance and benefits that he received, claiming he lied about other relationships he had with employees prior to being terminated in November, according to The Wall Street Journal . [Full Article...]

Belarusian protester, reported dead, says he survived police beating

Belarusian protester, reported dead, says he survived police beating Police used stun grenades, rubber bullets and water cannon. Opposition supporters said they suspected election officials would manipulate the results of Sunday's vote to give the 65-year-old Lukashenko a sixth term. He argued that the protesters met a due response overnight after injuring dozens of police officers and attempting to take control of official buildings in several Belarusian cities. [Full Article...]

Heat Warning For All Of NB

Heat Warning For All Of NB Starting Monday and lasting through until Thursday , temperatures are expected to span anywhere between 29 C to 31 C, with the humidex bringing temperatures closer to 38 C and 40 C. Environment Canada is reminding everyone to stay hydrated by drinking water before feeling thirsty, and to stay in a cool place, if at all possible. [Full Article...]

PM to launch financing facility under Agriculture Infrastructure Fund

PM to launch financing facility under Agriculture Infrastructure Fund At the event, the Prime Minister also released ₹17,000 crore to 8.5 crore farmers as the sixth instalment of the PM-Kisan scheme, taking the total amount disbursed under it to ₹90,000 crore since its launch in February a year ago. Under the fund, about 3 per cent interest subvention and credit guarantee of up to Rs 2 crore will be provided to the beneficiaries to increase the viability of the proj... [Full Article...]

Canon suffers a Maze Ransomware attack, 10TB worth of Users' data stolen

Canon suffers a Maze Ransomware attack, 10TB worth of Users' data stolen Nonetheless, it has been clarified that the image and video data loss issue was not related to the ransomware . We confirmed that the still image thumbnails of the affected files were not affected, and there was no leak of image data. BleepingComputer had reported on the incident after tracking an outage on Canon's image.canon cloud photo and video storage service. A multinational corporation,... [Full Article...]

Slowing job growth weighs on Wall Street as focus turns to stimulus

Slowing job growth weighs on Wall Street as focus turns to stimulus With Wednesday's strong rally, the S&P 500 closed less than 2% from its closing record on February 19. Shares of WeChat-owner Tencent Holdings Ltd fell as much as 10% in Asia trade, while New York-listed Tencent Music Entertainment Group, which was spun off from Tencent in 2018, fell 5.7% in USA premarket trading. [Full Article...]

BC records biggest daily jump in new COVID-19 cases since April

BC records biggest daily jump in new COVID-19 cases since April Eleven of those are now hospitalized, with four patients requiring intensive care. Three officers with the Vancouver Police Department have tested positive for COVID-19, after reportedly breaking up a party of 100-plus people. Provincial health officer Dr. Bonnie Henry said on Tuesday that the lack of contact information public health officials get from airlines "would shock you". [Full Article...]

Hezbollah denies storing arms at Beirut explosion site

Hezbollah denies storing arms at Beirut explosion site Trump said on Twitter that he spoke separately with Lebanese President Michel Aoun and French President Emmanuel Macron , who will also join the call. Demonstrators called for the overthrow of a political oligarchy they accuse of enriching themselves while hollowing out the state. According to Lebanon's state-run National News agency, the lady had some staff members killed and wounded. [Full Article...]

Facebook Extends Remote Work Until July 2021

While Amazon and Apple expect their employees to return to their respective offices in January, most other tech companies also appeared to be hoping work from home to last till the end of the year. At the same time, some residents have welcomed lower rents and less congestion during the pandemic, which could continue as workers stay home or move elsewhere. [Full Article...]

USA jobs growth slows in July as pandemic takes toll

USA jobs growth slows in July as pandemic takes toll The unemployment rate on P.E.I. fell 3.5 percentage points in July, but the drop was caused by an increase in part-time work and thousands leaving the labour force. The number of workers on temporary layoff fell by 1.3 million in July to 9.2 million. Employers added 4.8 million jobs in June and 2.7 million in May. [Full Article...]


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