Économie

Alexander Lukashenko flies over Belarus protests in helicopter, brandishing a rifle

Alexander Lukashenko flies over Belarus protests in helicopter, brandishing a rifle As protests against Belarus's contested presidential elections entered their third week, the appearance of the embattled president holding a gun outside the Independence Palace on Sunday, alongside Monday's detentions, signals a new determination from the 65-year-old leader to take control of the crisis. [Full Article...]

Study Reveals Nasal Vaccine Against COVID-19 Prevents Infection In Mice

Study Reveals Nasal Vaccine Against COVID-19 Prevents Infection In Mice Russian Federation is also developing several potential COVID-19 vaccines domestically, with late-stage trials of the front-runner candidate, nicknamed "Sputnik-V", set to begin next week. "To date, the first vaccination was administered to 57 volunteers, while 43 received placebo", the agency said. While Russia claimed to have approved the world's first coronavirus vaccine, the vaccine, dubbe... [Full Article...]

Belarus strongman orders army to defend borders ahead of protests

Belarus strongman orders army to defend borders ahead of protests Lukashenko, who has been in power for 26 years, inspected military units in Grodno, near Belarus' border with Poland, on Saturday and ordered security forces to be on "high alert". Some within the Belarusian opposition want to see "bloodshed" in the country, Sergey Lavrov has claimed, adding that exiled candidate Svetlana Tikhanovskaya appears to be appealing more to a Western audience than a ... [Full Article...]

Amazon's consumer CEO Jeff Wilke to retire early next year

Amazon's consumer CEO Jeff Wilke to retire early next year Mr Wilkes, 53, who has helped shaped Amazon's unique selling point among technology companies: putting the customer first, will be replaced by Dave Clark , who now leads the company's logistics empire. "He is simply one of those people without whom Amazon would be completely unrecognizable". In an email to employees, Bezos saluted Wilke and called him a tutor to him and everyone at the company. [Full Article...]

Tiktok To Challenge US Crackdown In Court

Tiktok To Challenge US Crackdown In Court TikTok app icons are displayed on a smartphone in an arranged photograph taken in Arlington, Virginia, on Friday, Aug. 7, 2020. President Donald Trump wants to deny China some of the proceeds from the sale of ByteDance's U.S. "It starts on TikTok ", created by USA agency Known, will run across TV, social media, digital and out-of-home. "What we encountered instead was a lack of due process... [Full Article...]

Stocks edge up after better-than-expected economic data

Stocks edge up after better-than-expected economic data Technology companies, including video-game maker Nintendo Co of Japan, are thriving as the pandemic accelerates work-from-home and other tech-friendly trends. "So without the Fed air balloon floating markets today, stocks are temporarily succumbing to forces of gravity ", said Chief Global Market Strategist Stephen Innes at AxiCorp. [Full Article...]

Ottawa Introduces New $37-Billion Income Support Plan

Ottawa Introduces New $37-Billion Income Support Plan Included in the new measures are changes to the current Employment Insurance program as well as three additional benefit programs. EI claimants will receive a one-time credit of about 300 insurable hours for claims, if they have lost their job, or 480 insurable hours, if they have taken leave for a sickness, pregnancy or parental, compassionate care or family caregiver reasons. [Full Article...]

The first company to reach $ 2 trillion in the stock market

The first company to reach $ 2 trillion in the stock market Consequently, its market value topped that of Saudi Aramco to win it the title of the world's most valuable company in the first week of August. Back with the company in the spotlight today, Apple stock has climbed over 57% in the year to date helped by moves to make its stock available to smaller shareholders in recent weeks. [Full Article...]

Airbnb Submits Draft Paperwork for Long-Rumored IPO

Airbnb Submits Draft Paperwork for Long-Rumored IPO Amid the pandemic, Airbnb had said that more than 80 percent of its bookings for short-term rentals for the first half of April were cancelled, costing the company more than $1 billion dollars. Additionally, Brian Chesky, CEO, said the company has resumed plans for hiring, and the company will file for the offering by the end of this month . [Full Article...]

Qantas profits drop by 91 per cent due to coronavirus crisis

Qantas profits drop by 91 per cent due to coronavirus crisis However, the company did say it may be earlier for Trans-Tasman flights. Mr Joyce said the pandemic would continue to have a "huge impact" on Qantas, with expectations of a "significant loss" in the coming financial year. Its main competitor, Virgin Australia, went into voluntary administration in April shortly after Australia closed its worldwide borders and domestic travel plunged. [Full Article...]

Airbnb files confidentially for IPO as short-term rental market rebounds

Airbnb files confidentially for IPO as short-term rental market rebounds That was before Covid-19 closed borders, grounded flights to a halt and left the company with more than $1 billion in cancellations. The company reportedly lost money in 2019. Airbnb recorded a loss before interest, taxes, depreciation and amortization of $400 million for the three months ended in June, the people said. The company in April also raised $2 billion in debt from investors, which va... [Full Article...]

Uber, Lyft granted reprieve just hours before shutdown in California

Uber, Lyft granted reprieve just hours before shutdown in California San Francisco Superior Court Judge Ethan P. Schulman dismissed that reasoning in his ruling last week, writing that it "flies in the face of economic reality and common sense". Uber had planned to continue operating its food delivery service in California even during the suspension period, an Uber executive told the website Eater last week. [Full Article...]

Record sales surge makes Target a pandemic victor

Record sales surge makes Target a pandemic victor Walmart said sales were boosted by government stimulus spending, which lifted demand for general merchandise such as electronics, patio furniture, sporting goods and even apparel, a category with weak sales at the start of the pandemic . Walmart International, which is present in nine markets including China, Japan, Mexico, the UK, Canada, India etc., reported net sales of $27.2 billion for May... [Full Article...]

Trump Says He 'Canceled' Trade Parley With China, No New Talks Planned

Trump Says He 'Canceled' Trade Parley With China, No New Talks Planned President Donald Trump said he was behind the decision to postpone trade talks with China last weekend , raising worries about the future of the trade pact with Beijing. "Obviously it will have some effect, we could see a decrease in Alibaba's stock price", said Luke Lloyd, wealth adviser and investment strategist at Strategic Wealth Partners. [Full Article...]

S&P 500 reclaims 2020 highs, retreats

S&P 500 reclaims 2020 highs, retreats Trading on Wall Street was subdued on Friday as doubts crept in about a new United States stimulus bill, while the S&P 500 hovered below record highs as a swathe of domestic data showed the economy was still smarting from the COVID-19 pandemic. [Full Article...]

MSC Grandiosa departure sees cruise sector return in Europe

MSC Grandiosa departure sees cruise sector return in Europe Earlier this month, the Italian government gave its approval for cruise ships to once again depart from Italy's ports. According to the outlet, tourism from cruise travelers is a vital part of the country's tourism industry, with an estimated 12 million cruise passengers arriving or departing from Italian ports previous year. [Full Article...]

Nancy Pelosi, House Dems mull return from break to address USPS

Nancy Pelosi, House Dems mull return from break to address USPS DeJoy's downsizing drive - which has included curbs on overtime and removal of post boxes - has become a major concern for Democrats who accuse Trump of asphyxiating the Post Office to disrupt the November 3 election, which is expected to feature an unprecedented wave of postal voting due to the fallout from the coronavirus pandemic. [Full Article...]

Epic says lawsuit against Apple is about 'basic freedoms of consumers'

Epic says lawsuit against Apple is about 'basic freedoms of consumers' Maybe you're a parent who, like a lot of parents nowadays, is working from home as the covid-19 pandemic still rages on. Epic filed a lawsuit in federal court seeking no money from Apple but rather an injunction that would end numerous company's practices related to the App Store , which is the only way to distribute native software onto most iPhones. [Full Article...]

BE Signs Pact With Johnson & Johnson For Covid Vaccine Production

BE Signs Pact With Johnson & Johnson For Covid Vaccine Production An agreement with Janssen Pharmaceutica NV, part of pharma major Johnson & Johnson, for creation and enhancement of production capabilities to manufacture the latter's COVID-19 vaccine. The vaccine is based on technology used in its recently approved preventative Ebola vaccine created to induce long-term immunity in individuals over one years' old. [Full Article...]

United Kingdom to quarantine arrivals from France

United Kingdom to quarantine arrivals from France Clement Beaune, France's junior minister for European affairs, called the move "a British decision that we regret and which will lead to a measure of reciprocity ", but said he hoped things "will return to normal as soon as possible". The British Embassy in Paris cites France's rising number of coronavirus cases as the reason. The quarantine, which came into effect at 4am, also applies ... [Full Article...]


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