Business View

SYDNEY -- Australia amended its national anthem to remove reference to the country being "young and free" amid calls to recognize that its Indigenous people are the oldest continued civilization in the world. Read More from Financial Post https://ift.tt/3848mBa

NEW YORK -- The year 2020 was a wild one for Wall Street, bookended by the end of the longest bull market in history with the battering of equities by the COVID-19 shutdowns, and a bungee-cord rebound on hopes for economic recovery that resulted in the shortest bear market on record. Read More from Financial Post https://ift.tt/3pILWLJ

SEOUL -- South Korea's exports expanded at their fastest pace in 26 months in December, on robust chip demand and improved global demand, providing additional signals that the recovery is on track despite resurgences in the novel coronavirus. Read More from Financial Post https://ift.tt/3n4ZvTG

SEOUL -- Following are South Korea's Read More from Financial Post https://ift.tt/38UIeaQ

While connected and circular lending, and credit misallocation and conflict of interest are real risk scenarios, credit crunch especially for MSMEs is also real. from The Financial Express https://ift.tt/3n4MHNt

With more access to Wi-Fi, job opportunities will boom—and not just in the overcrowded metros and their suburbs. With this move, India leapfrogs into the future, just like we did with mobile broadband. from The Financial Express https://ift.tt/2WZIjEH

In the case of UPI, the model was so successful, Google recommended that the US Fed use a UPI-based system to build a new inter-bank real-time-gross-settlement service (RTGS), and the Bank for International Settlements (BIS) recommended that other countries emulate the Indian approach. Happy New Innovations! from The Financial Express https://ift.tt/351DHCx

Researchers at the Pierre Louis Institute of Epidemiology and Public Health modelled transmission between mid-May (soon after the first lockdown was lifted) and late June and found that some 90,000 cases escaped the radar even as infections in the country were reported as declining. from The Financial Express https://ift.tt/3pRaVfZ

WASHINGTON -- The hacking group behind the SolarWinds compromise was able to break into Microsoft Corp and access some of its source code, Microsoft said on Thursday, something experts said sent a worrying signal about the spies' ambition. Read More from Financial Post https://ift.tt/3b5UsA2

Read More from Financial Post https://ift.tt/2WXx2Vh

BEIJING -- China's factory activity expanded in December but at a slower pace than the previous month, an official index showed, extending a robust economic recovery from the coronavirus shock. Read More from Financial Post https://ift.tt/3mW46rq

A nurse in California tested positive for COVID-19 more than a week after receiving Pfizer Inc's vaccine, an ABC News affiliate reported https://bit.ly/2L8iBel on Tuesday, but a medical expert and the U.S. drug maker said the body needs more time to build up protection. Read More from Financial Post https://ift.tt/3aWx8Fa

BUENOS AIRES -- Argentina will suspend sales of corn for export until Feb. 28, the agriculture ministry said on Wednesday, announcing the surprise move as part of the government's effort to ensure ample domestic food supplies. Read More from Financial Post https://ift.tt/3n0OJy1

BERLIN -- Bundesbank President Jens Weidmann warned euro zone governments forced to increase public debt to support their economies during the coronavirus pandemic not to expect the European Central Bank to keep interest rates low forever. Read More from Financial Post https://ift.tt/3rDCif0

LONDON/BRUSSELS -- British lawmakers approved Prime Minister Boris Johnson's post-Brexit trade deal with the European Union on Wednesday, as both sides looked to begin a new chapter of relations just days before their divorce becomes a reality. Read More from Financial Post https://ift.tt/37YZpZx

SYDNEY -- The dollar was ending 2020 in a downward spiral on Thursday with investors wagering a global economic recovery will suck money into riskier assets even as the yawning U.S. twin deficits argue for an ever cheaper currency. Read More from Financial Post https://ift.tt/3htnTxn

CALGARY, Alberta, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. (" Cardinal " or the " Company ") (TSX: CJ) announces that it has closed the non-brokered private placement (the " Private Placement ") of 2 nd lien secured notes for gross proceeds of $16,244,000 and 8,122,000 units (the " Units ") at a subscription price of $0.50 per Unit for proceeds of $4,061,000 as announced on December 2, 2020. The proceeds from the Private Placement will be used to repay Cardinal's outstanding 5.50% convertible subordinated debentures which are maturing on December 31, 2020 and for general corporate purposes. Read More from Financial Post https://ift.tt/3aW5MyP

NEW YORK -- Asian shares are set to end a tumultuous 2020 by hovering near record highs on Thursday while riskier currencies cruised near 2-1/2-year peaks, buoyed by hopes that COVID-19 vaccine rollouts will help the world beat the pandemic. Read More from Financial Post https://ift.tt/2KS00n4

UK House of Commons Speaker Lindsay Hoyle Read More from Financial Post https://ift.tt/381zBwc

(Bloomberg) -- For the global economy, 2020 is ending with a sense of hope for the future, partly built on the assumption that it can't surely be that bad again. Read More from Financial Post https://ift.tt/2X0HxHm

Nassim Nicholas Taleb’s eponymous 2007 book turned black swan virtually into a household expression, because it appeared to describe the 2007-09 financial crisis so well. from The Financial Express https://ift.tt/3pykct5

‘Top of the charts’ is the Delhi rondo, with farmers gathered to protest against the farm Bills. Everyone is arguing with everyone else on this issue, and a fairly pragmatic policy put up by the government has now been opposed by nearly everyone. from The Financial Express https://ift.tt/38Seb3P

Since 2014, the periods of strength have been shorter (354 days, on average) as compared to the period between 2006 and 2014 (502 days); correspondingly, the periods of weakness have been longer—the average since 2014 was 451 days, as compared with 364 days earlier. from The Financial Express https://ift.tt/380UyqZ

Declaration of India as an open-defecation free nation was based solely on access to toilets. The outcome measured does not line up with the intent behind the launch of the Swachh Bharat Mission from The Financial Express https://ift.tt/35eblFl

WASHINGTON -- U.S. trade officials said on Wednesday they were increasing tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany, amid an ongoing civil aircraft dispute between Washington and Brussels. Read More from Financial Post https://ift.tt/2WYb0lC

MEXICO CITY -- Mexican Finance Minister Arturo Herrera on Wednesday criticized a divisive bill proposed by the country's ruling party that would force the central bank to buy foreign cash commercial banks are unable to return to the financial system. Read More from Financial Post https://ift.tt/38N8zaL

(Bloomberg) -- The new strain of Covid-19 first identified in the U.K. has been found in California, Governor Gavin Newsom said Wednesday. A second possible case of the highly transmissible variant is being investigated in Colorado, a day after the state reported the first-known victim in the U.S. Read More from Financial Post https://ift.tt/3aWNflN

WASHINGTON -- U.S. trade officials on Wednesday said they were increasing tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany, amid an ongoing civil aircraft dispute between Washington and Brussels. Read More from Financial Post https://ift.tt/3huUAKF

BRASILIA -- Brazilian petrochemical company Braskem SA said on Wednesday it reached a 9.1 billion reais ($1.75 billion) deal to settle lawsuits over cracks and sinking ground near its salt mines in the city of Maceio that requires thousands to be relocated. Read More from Financial Post https://ift.tt/3aYMoBc

The govt can give in writing that the MSP system and the APMC markets will continue and allow farmers to take disputes to the District courts from The Financial Express https://ift.tt/2Mki7mb

The IGP as a platform has the promise to increase Indian capital availability significantly and address the key issue of listing. It has the added advantage of enabling exits for early-stage investors from The Financial Express https://ift.tt/3hunmLm

The government should steadfastly articulate, and spread information on the merits of the laws, supplemented with action on the ground to create the required agri-infrastructure from The Financial Express https://ift.tt/38LXsPj

While instances of rhino-poaching in India have reduced over the years, there is still significant poaching activity in the country. from The Financial Express https://ift.tt/38MREFk

The ‘dynamic ballot’ EVM would be a sea-change from migrants getting disenfranchised by economic compulsions—travelling back home, incurring spending and loss of income and, potentially, even employment often forces them to give up their franchise—with each such machines allowing the voters of multiple constituencies. from The Financial Express https://ift.tt/3aSkaIv

MEXICO CITY -- Grupo Aeromexico has wound up discussions with two labor unions but remains in talks with two more, it said on Tuesday in an update on negotiations that are a requirement for the airline to receive a second tranche of bankruptcy financing. Read More from Financial Post https://ift.tt/3rGx8ic

BEIJING -- Chinese meat importers and processors have called on exporters in countries with COVID-19 outbreaks to step up checks on shipments before they are sent to the world's biggest market, China's top industry group said. Read More from Financial Post https://ift.tt/2WTD2OT

The Company has closed on 362,500 non-flow-through Units for gross proceeds of $145,000 (the “Units”), each Unit priced at $0.40 and consisting of 1 common share of the Company and 1 common share purchase warrant (the “Unit Warrants”), each Unit Warrant being exercisable for an additional common share of the Company at $0.75 for 24 months from closing, subject to the right of the Company to accelerate the exercise period should, after the expiration of the 4 month hold, shares of the Company trade close at or above $1.50 for 10 consecutive trading days. Proceeds of this portion of the financing will be used for general corporate purposes, that may include corporate development and property acquisition. Read More from Financial Post https://ift.tt/3hq9OAR

SAO PAULO -- A COVID-19 vaccine developed by China's Sinovac Biotech is likely to be as effective for the elderly as it is for other adults, a senior official at the Brazilian biomedical institute conducting late-stage trials told Reuters on Tuesday. Read More from Financial Post https://ift.tt/37ZYmZE

WASHINGTON -- U.S. Senate Majority Leader Mitch McConnell on Tuesday put off a vote on President Donald Trump's call to boost COVID-19 relief checks and urged the Senate to override his veto of a defense bill, in a rare challenge to his fellow Republican three weeks before he vacates the White House. Read More from Financial Post https://ift.tt/38FBiOQ

Palo Alto, CA, Dec. 29, 2020 (GLOBE NEWSWIRE) -- (via Blockchain Wire )  Upland ( https://upland.me/ ), the blockchain-based metaverse that is mapped to real-world addresses, today announced that the virtual property of The New York Stock Exchange, a symbol for the famous Wall Street, sold for 23,000,000 UPX (US$ 23,000)  in their end-of-year auction. The “reverse auction” began with a starting bid for the world’s largest stock exchange at 25,000,000 UPX with prices dropping by multiple two million UPX and one million UPX tranches during the three-day sale. The NYSE auction marks the highest property sale in the entire Upland metaverse to date.  Read More from Financial Post https://ift.tt/38MRihY

MEXICO CITY -- A Mexican court has lifted a sanction against a company owned by the son of a close ally of the president, opening the door for the company to resume business with public entities, according to a notice in the government's official gazette on Monday. Read More from Financial Post https://ift.tt/2WOpCns

NEW YORK -- Outsized bets on large U.S. technology companies and emerging cryptocurrencies fueled the year's top-performing U.S. mutual fund and exchange-traded funds as the coronavirus pandemic upended global markets, while funds that bet on oil and gas companies fell nearly 100%, according to data from fund-tracker Morningstar. Read More from Financial Post https://ift.tt/2WRqrvF

WASHINGTON/PALM BEACH -- The Democratic-led U.S. House of Representatives voted 275-134 to meet President Donald Trump's demand for $2,000 COVID-19 relief checks on Monday, sending the measure on to an uncertain future in the Republican-controlled Senate. Read More from Financial Post https://ift.tt/2Mft0pn

NEW YORK -- Asian shares jumped on Tuesday, with Japanese stocks hitting a 29-year high, as hopes that a long-awaited U.S. pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetites. Read More from Financial Post https://ift.tt/2Jv6RlY

WASHINGTON/PALM BEACH -- The Democratic-led U.S. House of Representatives voted 275-134 to meet President Donald Trump's demand for $2,000 COVID-19 relief checks on Monday, sending the measure on to an uncertain future in the Republican-controlled Senate. Read More from Financial Post https://ift.tt/3aJEJ9U

SHANGHAI -- Mainland China reported 27 new COVID-19 cases on Dec. 28, up from 21 cases a day earlier, the country's national health authority said on Tuesday. Read More from Financial Post https://ift.tt/3hroEHm

WASHINGTON -- The Trump administration on Monday strengthened an executive order barring U.S. investors from buying securities of alleged Chinese military-controlled companies, following disagreement among U.S. agencies about how tough to make the directive. Read More from Financial Post https://ift.tt/3aMawHe

(Bloomberg) -- Oil edged higher following its biggest drop in a week amid nervousness that fresh supply is about to hit a market still reeling from a resurgent coronavirus. Read More from Financial Post https://ift.tt/3aSpjQC

Cryptocurrency exchange Coinbase Inc said on Monday it would suspend trading in cryptocurrency XRP after U.S. regulators last week charged associated blockchain firm Ripple with conducting a $1.3 billion unregistered securities offering. Read More from Financial Post https://ift.tt/38LHxR6

MONTREAL, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Mason Graphite Inc. (" Mason Graphite " or the “ Company ") (TSX.V: LLG; OTCQX: MGPHF) will hold its Annual General Meeting (AGM) of shareholders on December 29th at 10:00 a.m. at which time one item on the order of business will be to confirm the election of its Board of directors (the “Board”). Read More from Financial Post https://ift.tt/37Xn7Wl

WASHINGTON/PALM BEACH -- The Democratic-led U.S. House of Representatives voted 275-134 to meet President Donald Trump's demand for $2,000 COVID-19 relief checks on Monday, sending the measure on to an uncertain future in the Republican-controlled Senate. Read More from Financial Post https://ift.tt/2KzYs1f

The total awards stood at Rs 164 bn vs a monthly rate of Rs 282 bn in FY19 and Rs 158 bn since then. from The Financial Express https://ift.tt/3rxoAu8

More than 40% of such enterprises in four major states make do with diesel to meet their power needs, jacking up operational costs for them from The Financial Express https://ift.tt/3rruH3b

BUENOS AIRES -- Argentina's influential chamber of soyoil manufacturers and exporters on Sunday spiced up an offer to striking workers, seeking to end a more than two-week standoff that has bogged down exports from one of the world's main breadbaskets. Read More from Financial Post https://ift.tt/3ptLPn6

(Bloomberg) -- Oil fell -- after posting its first weekly loss since October -- as a new Covid-19 strain raised the risk of more lockdown measures and as President Donald Trump declined to sign a long-awaited U.S. stimulus bill. Read More from Financial Post https://ift.tt/38GVNKP

TOKYO -- Japan's industrial output stalled in November from the previous month, government data showed on Monday, suggesting a slowing recovery in factory activity due to the impact of a global resurgence in COVID-19 cases. Read More from Financial Post https://ift.tt/3ryXK4I

With Britain and the European Union having clinched a deal, the United Kingdom is now pursuing trade deals with Australia, the United States and countries in the Indo-Pacific region, UK Foreign Secretary Dominic Raab wrote in The Telegraph late on Sunday. Read More from Financial Post https://ift.tt/3ptaacM

MADRID/ROME -- Europe launched a mass COVID-19 vaccination drive on Sunday with pensioners and medics lining up to get the first shots to see off a pandemic that has crippled economies and claimed more than 1.7 million lives worldwide. Read More from Financial Post https://ift.tt/3hj47oc

Analysts say with companies looking to have 15-25% of employees working remotely, future homebuyers or even those living on rent will explore peripheral areas for a better lifestyle at lower costs. The trend is gaining more popularity with millennials, or essentially those in the age group of 25-40 years. from The Financial Express https://ift.tt/2JksViW

Yadav, however, added: “We are flexible and will go with open mind." But when Yadav insisted the discussion with the government would be on “modalities of repeal” of the laws, not on whether laws be repealed, Darshan Pal of Punjab Krantikari Kisan Union said “these details could be avoided”. from The Financial Express https://ift.tt/3mMJPo1

In fact, before the matter was sent to Trai for a review, a seven-member internal committee of DoT had rejected by 4:3 the regulator's recommendation to levy the penalty and had left the final decision to the DCC. from The Financial Express https://ift.tt/3puxM0j

Earlier this week, the government notified that any business that supplies goods or services worth over Rs 50 lakh will have to pay at least 1% of the tax liability in cash instead of discharging their entire liability through the ITC. from The Financial Express https://ift.tt/37QAaIT

Europe launches a cross-border vaccination program of unprecedented scale on Sunday as part of efforts to end a COVID-19 pandemic that has crippled economies and claimed more than 1.7 million lives around the world. Read More from Financial Post https://ift.tt/2LZuBiP

Once the transfers of the third PM-Kisan instalment of Rs 2,000 each to all 10.6 crore eligible farmer families are done, total disbursement under the scheme in the current fiscal will likely reach Rs 60,000 crore. from The Financial Express https://ift.tt/3hjTfGw

“We have given the best alternatives to farmers to sell their crops through these laws. What is wrong if farmers have so many options (to sell their produce)? Some are spreading the canard that the existing mandis will be closed. Have you heard of closure of any mandi in a any place?” he asked. from The Financial Express https://ift.tt/37Nez3X

We must recognise that a world dominated by Biden, Trudeau Jr and Macron is different from the “strongman” world of Trump, Roy Harper and Hollande from The Financial Express https://ift.tt/2WRABw9

The economic loss due to air pollution in India is a staggering $37 bn; need to fight household pollution more effectively from The Financial Express https://ift.tt/3510deT

(Bloomberg) -- This has been a year like no other. Read More from Financial Post https://ift.tt/3rp6gn3

RIO DE JANEIRO -- The CoronaVac COVID-19 vaccine developed by China's Sinovac Biotech Ltd showed efficacy between 50% and 90% in Brazilian trials, Sao Paulo's state health secretary said, and its Brazilian producer said full trial results will be released by Jan. 7. Read More from Financial Post https://ift.tt/3nREk8S

LONDON -- China will overtake the United States to become the world's biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said. Read More from Financial Post https://ift.tt/3rumb3u

The post-Brexit trade deal reached by the United Kingdom and the European Union goes beyond the EU's so-called "Canada-style" trade accord, the BBC said on Friday, citing what it said was a full copy of the accord. Read More from Financial Post https://ift.tt/3hgWT45

Govt must legalise gambling; NITI paper shows the way from The Financial Express https://ift.tt/38Q2Wcb

The newly released NFHS data reveals large improvements in welfare for Indian children, women, and households. Then why the deep angst? from The Financial Express https://ift.tt/2LZC4OS

Faster speeds, more private players, airport-like terminals, etc; central to all this is getting the subsidy equation right from The Financial Express https://ift.tt/2Kuy3BU

With the rapid rise of major medi-cities in India, like Jalandhar, Gurugram, Hyderabad, Bengaluru, Chennai, $6.72 billion on FDI has come in the healthcare sector in the last two decades. from The Financial Express https://ift.tt/2WHICUC

Many IT firms in Gujarat, which are completely dependent on overseas business, have in fact started getting domestic clients as the current pandemic situation has forced most of the businesses across the sectors to update themselves in digitisation and other IT related services. from The Financial Express https://ift.tt/2KQZMMO

The BBC said on Friday it obtained the full copy of the post-Brexit trade deal reached by the United Kingdom and the European Union, noting that it went beyond the EU's trade accord with Canada. Read More from Financial Post https://ift.tt/3hktfLh

SEOUL -- South Korea's Prime Minister Chung Sye-kyun said on Friday 1,241 new coronavirus cases were reported the day before, the highest daily count recorded, with a large outbreak at a prison in Seoul. Read More from Financial Post https://ift.tt/2JlOL5O

(Bloomberg) -- Japanese retail sales resumed falling and Tokyo consumer prices slid the most in a decade amid slumping energy costs and record virus cases that kept shoppers home and darken the recovery outlook. Read More from Financial Post https://ift.tt/34IkFAU

Some digi-lenders can be unscrupulous, so need to be cautiouss from The Financial Express https://ift.tt/3hnZ0D9

Apple’s foray into self-driving cars could usher in the coming-of-age of self-driving car technology from The Financial Express https://ift.tt/3hfzNKY

...govt must step up education/R&D spending; regulatory control, pedagogy, etc, need relooking from The Financial Express https://ift.tt/3ptm06J

FedEx Corp's Canadian subsidiary and Innomar Strategies, a Canada-based unit of U.S. drug distributor AmerisourceBergen Corp said on Thursday they have started to distribute Moderna Inc's COVID-19 vaccine across Canada. Read More from Financial Post https://ift.tt/3ppGv4e

TOKYO -- Core consumer prices in Tokyo dropped at the fastest pace in more than a decade in December while Japan's jobs market remained subdued in November, raising the risks of a return to deflation as the coronavirus pandemic hammers demand. Read More from Financial Post https://ift.tt/2WJdUKL

HALIFAX, Nova Scotia, Dec. 24, 2020 (GLOBE NEWSWIRE) -- MedMira Inc. (MedMira) (TSXV: MIR), reported today on its financial results for the quarter ended October 31, 2020. Read More from Financial Post https://ift.tt/3nNTTyz

SHANGHAI/BEIJING -- Chinese financial regulators will meet with Ant Group in the coming days, according to an online statement by the People's Bank of China on Thursday. Read More from Financial Post https://ift.tt/2M5QvkD

As of the close of markets on December 11, 2020, the VWAP of the Common Shares on the CSE for 20 consecutive trading days has exceeded $0.35. Accordingly, the expiry date of the November Warrants is accelerated to January 21, 2021. Read More from Financial Post https://ift.tt/3nKSfhe

SEOUL -- South Korea has signed deals with Pfizer Inc and Johnson & Johnson's Janssen to import coronavirus vaccines for 10 million people and 6 million, respectively, Prime Minister Chung Sye-kyun told a televised briefing on Thursday. Read More from Financial Post https://ift.tt/3aQZ6SL

SANTIAGO -- Chile´s SQM said on Wednesday its board of directors agreed to begin the process of raising $1.1 billion in capital through the sale of common stock to help underwrite an ambitious expansion of its lithium, nitrate and iodine operations. Read More from Financial Post https://ift.tt/34IfbpE

BRUSSELS -- The European Union and Britain Read More from Financial Post https://ift.tt/3rrgjru

SEOUL -- South Korea has signed deals with Pfizer Inc and Johnson & Johnson's Janssen to secure coronavirus vaccines for 10 million people and 6 million, respectively, Prime Minister Chung Sye-kyun told a televised briefing on Thursday. Read More from Financial Post https://ift.tt/2WIUG88

SASKATOON, Saskatchewan, Dec. 23, 2020 (GLOBE NEWSWIRE) -- GESPEG RESOURCES LTD. (TSX-V:GCR) (the “ Company” or “Gespeg” ), is pleased to announce the closing of a non-brokered private placement (the " Offering ") for total gross proceeds of $548,549.92. The closing consists of 900,000 Non-Flow through Units (the “ Units ”) at a price of $0.08 per Unit and 4,332,272 flow-through common share in the capital of the Company (a “ FT Share ”) at a price of 0.11 per FT Share. Each Unit consists of one common share in the capital of the Company (a “ Share ”) and one half of a common share purchase warrant for the purchase of one additional Share at a price of $0.12 for a period of two years from the closing of the Offering. Read More from Financial Post https://ift.tt/3aEEH2U

NEW YORK -- Asian shares were set to rise on Thursday ahead of the Christmas break, as global investors cheered a potential Brexit deal and economic recovery prospects, largely ignoring U.S. President Donald Trump's threat to veto a long-awaited COVID aid package. Read More from Financial Post https://ift.tt/3aIqIZZ

(Bloomberg) -- Mizuho Financial Group Inc. has hired Zach Righellis from Moelis & Co. to cover hardware and semiconductor investment banking in San Francisco, according to people familiar with the matter. Read More from Financial Post https://ift.tt/3phEbMo

Millions of COVID-19 vaccines are sitting unused in U.S. hospitals and elsewhere a week into the massive inoculation campaign, putting the government's target for 20 million vaccinations this month in doubt. Read More from Financial Post https://ift.tt/34HfNff

Despite the COVID-19 situation, the bank could generate operating profits, which was used to provide for credit costs, showing a profit both in Q1 and Q2 of FY21. from The Financial Express https://ift.tt/3aFaT6c

The government—the states and the Centre together—needs to address concerns on the cost front, by assuring free shots while exhorting people who can afford to pay for it to voluntarily do so. from The Financial Express https://ift.tt/3pf80Nu

Firstsource, an RP-Sanjiv Goenka Group firm, said PatientMatters unifies disparate registration, bill estimation and financial services with intelligent workflows. from The Financial Express https://ift.tt/3aExRdR

Nevertheless, its financial position continued to deteriorate and there were irregularities found in the payment mechanism in respect of the recast package. from The Financial Express https://ift.tt/3nNdCOX

In terms of wireless broadband users, Jio’s base stood at 406.36 million followed by Airtel at 167.56 million, and Vodafone Idea at 120.49 million. from The Financial Express https://ift.tt/3riXA1g

(Bloomberg) -- A vaccine developed by China's Sinovac Biotech Ltd. was found to be more than 50% effective in a Brazilian clinical trial, but key supporting data wasn't released. Read More from Financial Post https://ift.tt/34C2gWk

WASHINGTON -- President Donald Trump said on Tuesday he wants Congress to amend the coronavirus relief bill to raise the amount of stimulus checks and eliminate wasteful spending, among other issues. Read More from Financial Post https://ift.tt/2KuBdFB

(Bloomberg) -- Southern California utilities could cut power to nearly 225,000 homes and businesses on Christmas Eve as a possible wind storm raises wildfire risks from the Central Valley to the Mexican border. Read More from Financial Post https://ift.tt/3nJs2j2

The REIT will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 per unit on an annualized basis, payable January 15, 2021 to unitholders of record as of December 31, 2020. Read More from Financial Post https://ift.tt/2KtbTjj

Glance delivers AI-driven personalised content in varied languages, including English, Hindi, Tamil, Telugu, on the lock screen of Android smartphones. from The Financial Express https://ift.tt/3mCMv7K

There is a need to factor in hysteresis, especially for emerging economies from The Financial Express https://ift.tt/37HRSyb

This, in a sense, confirmed what the government had feared when it tightened the FDI norms in April—“opportunistic acquisitions” by the cash-rich Chinese of domestic firms that saw a massive crash in valuations after the Covid-19 pandemic. from The Financial Express https://ift.tt/34CrS5s

Technology adoption across smart cities in India and globally has been a key to provide better service delivery to citizens and improving the quality of life. from The Financial Express https://ift.tt/2WKGNGd

NEW YORK -- Asian shares were set for choppy trade on Wednesday as the investor focus swung between concerns about a new faster-spreading variant of the coronavirus and hopes that more U.S. fiscal aid would propel an economic recovery. Read More from Financial Post https://ift.tt/3phKPCp

On the back of Chinese demand, the price of the metal has swung back from the lows it saw earlier this year from The Financial Express https://ift.tt/3rihidr

In the 5G ecosystem, the differential aspect of service-quality will gain ground. By kick-starting deep-fibre rollout plans now, telcos will be better placed to maximise their returns on investments from The Financial Express https://ift.tt/3aFn1Ee

Transformation of power markets can’t be done by putting the existing system on pause while the stakeholders collectively rearrange its “parts”. It will need a convergence of single instruments. from The Financial Express https://ift.tt/34AEycZ

NEW YORK -- Asian shares were poised for a weaker start on Tuesday, while oil prices fell, as investors worried a highly infectious new strain of COVID-19 that shut down much of Britain could lead to a slower economic recovery. Read More from Financial Post https://ift.tt/2LNfMzN

Prior to today’s acquisition, Mr. Cooper is deemed to directly own 71,900 Subordinate Voting Shares and beneficially own 1,402,542 Subordinate Voting Shares owned by Sweet Limited Partnership (“ Sweet LP ”), a limited partnership of which the general partner is a corporation wholly-owned by Mr. Cooper, 15,742,205 Subordinate Voting Shares owned by Sweet Dream Corp. (“ SDC ”) and 1,076,550 Subordinate Voting Shares owned by Sweet Dream Partnership (“ SDP ”), representing 44.7% of the outstanding Subordinate Voting Shares. Mr. Cooper is deemed to own 1,543,471 Class B common shares of Dream (“ Common Shares ”) owned by SDC and Sweet LP, which are convertible into an equivalent number of Subordinate Voting Shares, representing 3.4% of the outstanding Subordinate Voting Shares (assuming the conversion of such Common Shares). Mr. Cooper also owns options to acquire 630,895 Subordinate Voting Shares, representing approximately 1.4% of the outstanding Subordinate Voting Shares (assuming the e...

(Bloomberg) -- Oil edged lower in Asia after dropping the most in seven weeks as a new strain of the virus discovered in the U.K. threatens more lockdowns in Europe and reduces travel on global routes, Read More from Financial Post https://ift.tt/2LZjuXh

Tech giants including Microsoft and Google on Monday joined Facebook's legal battle against hacking company NSO, filing an amicus brief in federal court that warned that the Israeli firm's tools were "powerful, and dangerous." Read More from Financial Post https://ift.tt/3nERKVX

SoftBank Group Corp on Monday filed to raise $525 million through a blank-check company as the Vision Fund's managers join the craze for the listing vehicles. Read More from Financial Post https://ift.tt/3peUXMk

Exercise bike maker Peloton Interactive Inc said on Monday it would buy peer Precor in a deal valued at $420 million as it looks to boost its U.S. manufacturing capacity and market share for fitness products. Read More from Financial Post https://ift.tt/3pf5mHH

WASHINGTON -- The U.S. International Trade Commission (ITC) said on Monday it is opening in investigation into whether Volkswagen AG infringed on patents held by Jaguar Land Rover. Read More from Financial Post https://ift.tt/37EC7Z2

CALGARY, Alberta, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Titanium Corporation Inc. (the "Company" or "Titanium") (TSX-V: TIC) is pleased to announce that Sustainable Development Technology Canada (“SDTC”) has approved a $10 million contribution to the Company for the detailed engineering phase of the CVW™ Horizon Project. The SDTC funding is subject to successful negotiation of a Project Funding Agreement (“PFA”) with SDTC. The proposed start date for SDTC funding is January 1, 2021 subject to execution of the PFA. Read More from Financial Post https://ift.tt/38qYZdx

WASHINGTON -- A $900 billion aid package meant to stimulate a pandemic-hit U.S. economy cleared a procedural hurdle in the House of Representatives on Monday evening as the leaders of both chambers of Congress aimed to pass the package in a marathon session. Read More from Financial Post https://ift.tt/3h8YBUT

WASHINGTON -- Irish airline Aer Lingus received final U.S. approval on Monday to join a transatlantic joint venture with other major airlines. Read More from Financial Post https://ift.tt/3p6ouaS

For the April-November period, the traffic has fallen by 10.5% y-o-y — only Mormugao port has seen a higher volume of cargo in the current financial year than a year ago. from The Financial Express https://ift.tt/34w7OSp

RBI is losing the battle at preventing rupee appreciation, and the next couple of weeks could see some drama from The Financial Express https://ift.tt/3mIEhew

Opening up of the economy in India has led to concentration of income at the top 10% level from The Financial Express https://ift.tt/37yWQgC

Playing a huge role in the tariff lows discovered at recent SECI auctions is the cheap finance made available by foreign players from The Financial Express https://ift.tt/3auPbSk

FY22-23e EPS up 16-40% for GRIL & HEG; valuations undemanding despite spurt in stock price; ‘Buy’ retained from The Financial Express https://ift.tt/2J64pSA

LOS ANGELES, Dec 20, (Variety.com) - Diana Prince may be able to best Cheetah, but she's no match for a global pandemic. Read More from Financial Post https://ift.tt/3rpZZrc

LOS ANGELES, Dec 20, (Variety.com) - Diana Prince may be able to best Cheetah, but she's no match for a global pandemic. Read More from Financial Post https://ift.tt/37BQ9ud

MOSTAR -- Preliminary results from the first local election in 12 years in the Bosnian town of Mostar on Sunday showed most votes going to the Croat and Bosniak parties whose rivalry had left the ethnically divided town without a city council since 2012. Read More from Financial Post https://ift.tt/3aw4474

WASHINGTON -- U.S. congressional leaders said on Sunday they had reached agreement on a $900 billion package to provide the first new aid in months to an economy hammered by the coronavirus pandemic, with votes likely on Monday. Read More from Financial Post https://ift.tt/3mGckDU