PM Modi holds virtual meeting with Google CEO Sundar Pichai

The conversation assumes importance in the backdrop of the coronavirus pandemic dismantling India's traditional work and learning culture, business systems and supply chains, forcing the government to skillfully adopt technology to safeguard its econ... More..

by | Published
Delivery startup Dunzo suffers data breach, numbers, emails leaked
by | Monday, July 13, 2020

Delivery startup Dunzo suffers data breach, numbers, emails leaked

A server belonging to a third party partner of the company was compromised, said Mukund Jha, chief technology officer at the Bengaluru-based startup, in a blog post . Just last day, CTO of Dunzo had published ...More..

Oil output fell 9% in June but was still above OPEC+ quota
by | Monday, July 13, 2020

Oil output fell 9% in June but was still above OPEC+ quota

Under a Saudi proposal, OPEC+ would relax its current curbs by 2 million barrels a day to 7.7 million barrels a day, the delegates told reporters. In its regular monthly world wide vitality report the IEA pre...More..

Reliance closes deal with 4 investors, gets Rs 30,062 crore
by | Monday, July 13, 2020

Reliance closes deal with 4 investors, gets Rs 30,062 crore

In a regulatory filing , Reliance said it has closed sale of 6.13 per cent stake in Jio Platforms with L Catterton, The Public Investment Fund, Silver Lake and General Atlantic . The foreign money will help R...More..

Wayfair denies child trafficking conspiracy claims
by | Monday, July 13, 2020

Wayfair denies child trafficking conspiracy claims

According to the theory, the cabinets in question were in fact missing children, who could be purchased through Wayfair's website. The names in question are cabinets labeled as "Neriah", "Yaritza", "Samiyah" an...More..

Muji's USA unit files for bankruptcy as virus hits
by | Sunday, July 12, 2020

Muji's USA unit files for bankruptcy as virus hits

According to owner Ryohin Keikaku Co., Muji, which has 18 units in the USA, had been grappling with losses that stemmed from high rent and other costs even before the outbreak took hold. This is to stay in step...More..

USA stocks open slightly higher as investors weigh coronavirus impact
by | Sunday, July 12, 2020

USA stocks open slightly higher as investors weigh coronavirus impact

The United States registered the largest single-day increase in new COVID-19 infections globally for the second day in a row on Thursday, forcing Americans to take new precautions. Overall profits for S&P 500 ...More..

Mnuchin says administration backs 'another round' of coronavirus stimulus checks
by | Sunday, July 12, 2020

Mnuchin says administration backs 'another round' of coronavirus stimulus checks

He threw out a $40,000 income threshold, which would greatly reduce the number of households that would be eligible. Every American who has a social security number and filed their taxes with incomes below ...More..

Harley-Davidson ‘rewire’ means cutting 700 positions globally, 500 employees through 2020
by | Sunday, July 12, 2020

Harley-Davidson ‘rewire’ means cutting 700 positions globally, 500 employees through 2020

About 200 of the 700 positions being eliminated are already vacant, the company said, and the remaining 500 will be eliminated by the end of the year. "I thank John for his commitment during his 17 years with t...More..

Electric Truck Maker Rivian Raises Another $2.5 Billion, Its Biggest Investment Yet
by | Sunday, July 12, 2020

Electric Truck Maker Rivian Raises Another $2.5 Billion, Its Biggest Investment Yet

This gives Rivian more than $5 billion to spend on manufacturing capacity for its forthcoming electric trucks and SUVs. Other investors who participated in this round included Soros Fund Management, Coatue...More..

Canadian economy adds 953,000 jobs in June, unemployment rate falls
by | Sunday, July 12, 2020

Canadian economy adds 953,000 jobs in June, unemployment rate falls

In June, 28.3 per cent of Canadians aged 15 to 69 reported receiving some form of federal aid since mid-March, Statistics Canada said. In Ontario this month 377,900 people are back to work. Canadian Finance M...More..

Large KFC order in Melbourne leads police to issue enormous COVID fines
by | Sunday, July 12, 2020

Large KFC order in Melbourne leads police to issue enormous COVID fines

Patiently waiting for their zinger box (not a known fact) at 1:30am, the ambulance officer was less than trusting of the two patrons placing a 20-meal order across the store. "If people don't want to comply, we...More..

Aston Martin's first SUV rolls off production line
by | Sunday, July 12, 2020

Aston Martin's first SUV rolls off production line

Indeed, the British firm has just started producing the first SUV in its history, the DBX. The manufacturer's first SUV , with its all-wheel-drive system, is aimed at increasing Aston Martin's presence in ...More..

Future of AirAsia in 'significant doubt', warns auditor
by | Sunday, July 12, 2020

Future of AirAsia in 'significant doubt', warns auditor

The airline was already facing stiff competition from other low-priced carriers before the outbreak and had reported a net loss of 283 million ringgit past year. "Nevertheless, with the recent progressive uplif...More..

Over 1.3M Americans filed for unemployment aid last week
by | Saturday, July 11, 2020

Over 1.3M Americans filed for unemployment aid last week

Economists surveyed by Refinitiv forecast 1.37 million new claims and 18.9 million continued claims. Claims under the Pandemic Unemployment Assistance, a federal program, also totalled to over 1 million, an i...More..

Soon, work remotely from this coronavirus-free country for a year
by | Saturday, July 11, 2020

Soon, work remotely from this coronavirus-free country for a year

Tourism is said to make up 40 per cent of Barbados' money, with 30 per cent of the workforce on the island employed by the sector. "We want to create an environment that will allow people to come to Barbad...More..

Coinbase Exchange's IPO Ambitions Indicate Crypto Assets' Coming of Age
by | Saturday, July 11, 2020

Coinbase Exchange's IPO Ambitions Indicate Crypto Assets' Coming of Age

Prior to Facebook , Paul spent more than 5 years as the USA magistrate judge for the Northern District of California. Coinbase is already in the process of preparing for a listing on the stock market, alth...More..

WA a chance to make history in $80m Powerball draw
by | Saturday, July 11, 2020

WA a chance to make history in $80m Powerball draw

The division one prize rocketed to the eye-watering sum after going unclaimed for five weeks and comes after a victor from North Sydney had the lucky numbers for Tuesday's $50 million draw. A Sydney punter ma...More..

Limerick stores unaffected by major cuts at pharmacy chain Boots
by | Saturday, July 11, 2020

Limerick stores unaffected by major cuts at pharmacy chain Boots

When asked by Optician about where the closures would take place and how the practices had been identified, Boots Opticians said that the company is entering a consultation period with colleagues and so it ca...More..

BT Warns of
by | Saturday, July 11, 2020

BT Warns of "Blackouts" if Huawei is Forcibly Removed from Network Hardware

Vodafone and BT need a minimum of five years and ideally seven to avoid major disruption to Britain's emerging superfast networks, their technology bosses told the lawmakers. "We are working closely with our cu...More..

Toyota launches new compact SUV Corolla Cross: Details here
by | Saturday, July 11, 2020

Toyota launches new compact SUV Corolla Cross: Details here

The new SUV will be offered with the choice of petrol or petrol-electric hybrid powertrain, as found on the regular Corolla . It isn't known if we will get the Corolla Cross, but would you be interested in a...More..

Canada added almost one million jobs in June as businesses reopen
by | Saturday, July 11, 2020

Canada added almost one million jobs in June as businesses reopen

The unemployment rate fell to 12.3 per cent in June, dropping from a record high of 13.7 per cent in May. However, it's not all good news. Saskatchewan saw its first solid month of job growth since the st...More..

Electric vehicle startup Rivian lands $2.5 billion in new funding
by | Saturday, July 11, 2020

Electric vehicle startup Rivian lands $2.5 billion in new funding

Rivian had already received $700 million from Amazon, $500 million from Ford , and $350 million from Cox Automotive. Electric vehicle maker Rivian has closed a $2.5 billion investment round led by fund ma...More..

Nasdaq ends at record high as Wall Street rises with tech shares
by | Friday, July 10, 2020

Nasdaq ends at record high as Wall Street rises with tech shares

Among the 11 major S&P 500 sectors, the Energy Index is up 1.6% boosted by a 1% increase in USA crude oil prices. The Nasdaq outpaced the other two major indexes, ending 1.4% higher, led by Amazon.com (AMZN.O),...More..

Canada: Unemployment Rate falls to 12.3% in June vs. 12% expected
by | Friday, July 10, 2020

Canada: Unemployment Rate falls to 12.3% in June vs. 12% expected

That's still more than five per cent higher than the pre-pandemic unemployment rate of 6.2 per cent in February, 2020. The June rate is up over two per cent from that in May, when it sat at 14.1 per cent, and...More..

'Costco Ken' flips out over mask request
by | Friday, July 10, 2020

'Costco Ken' flips out over mask request

The video caused Twitter users to respond in horror at his behavior. In the viral clip, the man, who would subsequently be identified, reports the Fort Myers News-Press, as Daniel Maples , goes ballistic at...More..

Federal government projects COVID-19 to push deficit to $343.2 billion
by | Friday, July 10, 2020

Federal government projects COVID-19 to push deficit to $343.2 billion

The Canadian Federation of Independent Business called the update a missed chance to help businesses know if they qualify for the subsidy. The CERB, which provides $2,000 per month to people who have lost the...More..

Musk: Tesla on the cusp of achieving level five autonomous driving
by | Friday, July 10, 2020

Musk: Tesla on the cusp of achieving level five autonomous driving

However, Tesla shares might be a tad too expensive for most retail investors and I think there are better value plays out there. Tesla sold 11,095 of its made-in-Shanghai Model 3 electric sedans to China-...More..

At least 5 Republican senators say they will not attend GOP convention
by | Thursday, July 09, 2020

At least 5 Republican senators say they will not attend GOP convention

Florida, the site of next month's reduced convention, is now one of the country's hot spots for the virus, raising concerns about how many Republicans will travel to Jacksonville and risk being broadcast to wit...More..

Muslim woman 'shocked' after Starbucks barista writes 'Isis' on her cup
by | Thursday, July 09, 2020

Muslim woman 'shocked' after Starbucks barista writes 'Isis' on her cup

While "Isis" can sometimes be a name, it is overwhelmingly known as an acronym for the "Islamic State of Iraq and Syria ", a prominent terrorist group. An internal investigation reportedly found it "was not ...More..