Business View

The financial outgo under the scheme is expected to reach to its peak in 2026-27 and come down to its lowest towards the end of the scheme period in 2029-30. from The Financial Express https://ift.tt/3ydeCAr

The CCEA had on October 14, 2020, gave its ‘in-principle’ approval to the demerger of Nagarnar Steel Plant from NMDC and strategic disinvestment of the demerged company by selling entire stake of the government to a strategic buyer. from The Financial Express https://ift.tt/3ydaald

Work on the Sandila factory near Lucknow is in progress and the company is investing around `800 crore to set up the plant, which will manufacture its entire range of decorative paints. from The Financial Express https://ift.tt/2SDpZ5H

Bioasis is a pre-clinical, research-stage biopharmaceutical company developing a proprietary xB 3™  platform technology for the delivery of therapeutics across the blood-brain barrier (BBB) and the treatment of CNS disorders in areas of high unmet medical need, including brain cancers and neurodegenerative diseases. Read More from Financial Post https://ift.tt/3qFYUvs

BRIDGEWATER, N.J. , June 30, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc.  (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, today announced that on June 29, 2021 it closed an underwritten public offering of 42,307,692 shares of common stock, which included 3,846,154 shares issued in connection with the underwriters’ option to purchase additional shares, at a price to the public of $2.60 per share, for gross proceeds of approximately $110 million. The Company also announced that on June 30, 2021 it closed an underwritten public offering of $125 million aggregate principal amount of 8.375% senior notes due 2026, which included $5 million aggregate principal amount of senior notes issued in connection with the underwriters’ option to purchase senior notes. Gross proceeds for both offerings are exclusive of underwriting discounts and commissions and estimated offering expenses payable by the Company. Read More from Financial Post htt...

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INDIANAPOLIS, June 30, 2021 (GLOBE NEWSWIRE) -- POINT Biopharma Inc. (“POINT”), a company accelerating the discovery, development and global access to radiopharmaceuticals, today announced the completion of its business combination with Therapeutics Acquisition Corp., d/b/a Research Alliance Corp. I (Nasdaq: RACA) (“RACA”), a special purpose acquisition company (“SPAC”), sponsored by RA Capital Management. POINT Biopharma Global Inc. (“New POINT”), the resulting combined company, will commence trading shares of its common stock on the Nasdaq Capital Market (the “NASDAQ”) under the ticker symbol “PNT” on July 1, 2021. Read More from Financial Post https://ift.tt/3dxDeMF

New York utility company Con Edison on Wednesday asked customers in the New York City area to limit energy use during a heat wave that has gripped sections of the United States. Read More from Financial Post https://ift.tt/3AifDsO

Alberta province ended the 2020-21 fiscal year with a deficit of $17 billion, nearly $10 billion higher than forecast in its budget, due to the COVID-19 pandemic and oil price collapse, the government said on Wednesday. Read More from Financial Post https://ift.tt/2TqBait

(Bloomberg) -- British Columbia is sharply increasing the cost of trees for lumber producers just as wood-product prices slump and Canadian sawmills expand in the U.S. Read More from Financial Post https://ift.tt/3qEnj4d

About ProntoForms Corporation ProntoForms is the global leader in field-focused low-code application platforms for enterprise. The Company's solution is used to create apps and forms to collect and analyze field data with smartphones and tablets – either as a standalone solution or as a mobile front-end to enterprise systems of record.  Read More from Financial Post https://ift.tt/3du7aJB

SAINT-HUBERT, Quebec, June 30, 2021 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. (“Urbanimmersive”, the “Company” or “UI”) (TSX VENTURE: UI) (OTCQB: UBMRF) is pleased to announce today having completed the acquisition of all of the outstanding shares of real estate photography agencies EGP Technovirtuel Inc. ("EGP") and Graphique ID Solutions Inc. ("Graphique ID") and all of the intangible assets of La Clique Mobile s.e.n.c. ("Clique Mobile") for an aggregated purchase price of $3.03M, including $1.77M payable in cash immediately, $100k payable in 100 days and $1.16M payable through the immediate issuance of 6.6M shares of the Company at a price of $0.175 per share. All shares issued are subject to a four-month-and-a-day hold period until October 31, 2021, with 5.7M of the shares issued subject to 18-months lock-up period until December 31, 2022. The acquisition of those three real estate photography businesses is a first step of the accelerated growth plan ann...

The vaccine maker had signed a $324-million deal with the government of Brazil to supply 20 million doses of the Covaxin at $15 per vaccine. from The Financial Express https://ift.tt/3hswuRs

National Football League quarterback Tom Brady and his supermodel wife, Gisele Bundchen, will each take an undisclosed equity stake in crypto exchange platform FTX Trading Ltd, the company said on Tuesday. Read More from Financial Post https://ift.tt/3Ae8dae

Chevron Corp is looking to sell Read More from Financial Post https://ift.tt/3hkRBVt

TORONTO -- The Canadian dollar was little Read More from Financial Post https://ift.tt/2UU89w9

CHICAGO -- Chicago Board of Trade grain and soybean futures surged on Wednesday after the U.S. Department of Agriculture surprised traders with lower-than-expected plantings estimates and inventory data. Read More from Financial Post https://ift.tt/3w51DPX

LONDON -- Britain said on Wednesday it would introduce new regulations to help defend its steel industry after accepting a recommendation from its newly established Trade Remedies Authority to scrap some quotas on imports. Read More from Financial Post https://ift.tt/364o5OA

All dollar amounts are in Canadian dollars. Read More from Financial Post https://ift.tt/3jvA8wy

Ford Motor Co said on Wednesday several of its North American factories will be shut for a few weeks in July and August due to a global shortage of semiconductors. Read More from Financial Post https://ift.tt/3hkyCdK

BURNABY, British Columbia -- Ascent Real Estate Management Corporation (Ascent) a Burnaby, British Columbia property management company, announced today that they have acquired the portfolio of DPM Strata Management Ltd. Read More from Financial Post https://ift.tt/3x9T6fV

Ford Motor Co said on Wednesday several of its North American factories will be shut for a few weeks in July and August due to a global shortage of semiconductors. Read More from Financial Post https://ift.tt/3hq0jlg

CALGARY, Alberta, June 30, 2021 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX: CR, OTC: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer focused in the world-class Montney play in northeast British Columbia, today announced that the Company will present at the TD Securities Calgary Energy Conference on July 6 th , 2021. Read More from Financial Post https://ift.tt/2UWgEXx

CHICAGO -- Chicago Board of Trade corn and soybean futures were mixed on Tuesday as traders adjusted positions ahead of key U.S. reports on crop plantings and inventories. Read More from Financial Post https://ift.tt/3y9KV3c

TORONTO -- Organic Garage Ltd. (“ Organic Garage ” or the “ Company ”) ( TSXV: OG, OTCQX: OGGFF, FRA: 9CW1 ), one of Canada’s leading independent organic grocers, is pleased to announce the Company’s financial results for the quarter ended April 30, 2021 (“Q1”). The Company has a Fiscal Year End of January 31. Read More from Financial Post https://ift.tt/3dtwHlX

Critical illness rider has gained a lot of traction after the Covid-19 pandemic because of its multi-organ effects from The Financial Express https://ift.tt/3h52xYE

Engineering and R&D services involve a suite of services—from ideation, conceptualisation, design, product development, testing and after-market launch, to support and enhancement of existing products. from The Financial Express https://ift.tt/3h3jJh2

Under the Agreement, (i) Lind advanced to Bioasis C$3,000,000, less a closing fee of C$90,000, in consideration for the issuance of an uncertificated convertible security (the “ First Convertible Security ”) in the principal amount of C$3,000,000 and having an aggregate face value of C$3,600,000, and (ii) the Company issued to Lind 4,839,048 common share purchase warrants exercisable for 30 months from the date of issue at an exercise price of $0.41 per share. The proceeds from the issuance of the First Convertible Security will be used for general working capital. Read More from Financial Post https://ift.tt/3Aavp9e

MITCHEL FIELD, N.Y., June 29, 2021 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the fiscal year ended April 30, 2021, of $54.3 million, compared to revenues of $41.5 million for fiscal 2020, ended April 30, 2020. Revenues for the three months ended April 30, 2021 and 2020 were $15.6 million and $10.2 million, respectively. Operating loss for fiscal year 2021 was $958,000 compared to an operating loss of $10.9 million for fiscal year 2020. Operating income for the three months ended April 30, 2021 was $100,000 compared to an operating loss of $3.7 million for the three months ended April 30, 2020. Net income for fiscal year 2021 was $680,000 or $0.07 per diluted share compared to net losses of $10.0 million or ($1.10) per share for fiscal year 2020. Net income for the three months ended April 30, 2021 was $1.4 million or $0.15 per diluted share compared to net loss of $3.0 million or ($0.33) per share for the three mont...

WASHINGTON -- The U.S. Treasury said on Tuesday it welcomed Sudan's clearance of about $1.4 billion in arrears to the International Monetary Fund, paving the way for the first phase of debt relief under the Heavily Indebted Poor Countries initiative. Read More from Financial Post https://ift.tt/3625S4k

The Nasdaq closed at a record high on Tuesday, lifted by Apple Inc and other technology stocks after an upbeat consumer confidence report. Read More from Financial Post https://ift.tt/3AlxbVl

CALGARY, Alberta, June 29, 2021 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at the TD Securities Virtual Energy Conference on Tuesday July 6, 2021 at 3:00 pm EDT. Interested parties can listen to the webcast via the following URL: Read More from Financial Post https://ift.tt/3y7PTgY

United Airlines confirmed its largest ever order for Boeing and Airbus jets on Tuesday, lining up 270 planes in a push for post-pandemic growth with bigger jets for domestic flying. Read More from Financial Post https://ift.tt/2Tn13jb

CALGARY, Alberta, June 29, 2021 (GLOBE NEWSWIRE) -- Pipestone Energy Corp. (“ Pipestone Energy ” or the “ Company ”) is pleased to report the results of its annual shareholder meeting and announce the release of its inaugural Environment, Social and Governance (“ ESG ”) report. Read More from Financial Post https://ift.tt/3y5IPBt

(Bloomberg) -- U.S. free-trade agreements reached over the past 3 1/2 decades have had a "small but positive" effect on the world's biggest economy, a report by a bipartisan federal agency analyzing trade issues showed. Read More from Financial Post https://ift.tt/361bjR0

CHICAGO -- U.S. Treasury yields hugged the Read More from Financial Post https://ift.tt/3js4OPa

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(Bloomberg) -- OPEC and its allies delayed preliminary talks between ministers by one day to July 1, to allow countries more time to resolve differences before a critical meeting. Read More from Financial Post https://ift.tt/35YPJwz

OTTAWA -- Canada will ban the sale of fuel-burning new cars and light-duty trucks from 2035 in an effort to reach net-zero emissions across the country by 2050, Prime Minister Justin Trudeau's government said on Tuesday. Read More from Financial Post https://ift.tt/3y5et23

DETROIT -- U.S. regulators on Tuesday said they would keep a closer eye on the automotive industry as it rolls out advanced driver safety systems, tracking the new technologies to spot potential defects faster. Read More from Financial Post https://ift.tt/3drzagI

Facebook Inc launched its newsletter product "Bulletin" on Tuesday, a standalone platform for free and paid articles and podcasts that will aim to rival Substack. Read More from Financial Post https://ift.tt/364yN7T

Eli Lilly & Co has resolved a lawsuit filed in March by a former top lobbyist who accused a high-ranking executive and another senior manager of engaging in sexual discrimination, harassment and retaliation against women in its Washington, D.C., office, according to a court filing on Monday. Read More from Financial Post https://ift.tt/2UFJsDp

Don Joyce, a Nokia manager working from home at a remote lake cottage in Canada, recently abandoned his painfully slow phone-line internet in favor of satellite broadband service Starlink, offered by Elon Musk's SpaceX. Read More from Financial Post https://ift.tt/3y9FVeX

LONDON, Ontario -- London-based internet services provider Start.ca will be calling on the Government of Canada to overturn the outcome of a recent ruling by the Canadian Radio-television and Telecommunications Commission (or CRTC), in which the commission opted to reverse its 2019 decision to implement lower wholesale internet rates in Canada. Read More from Financial Post https://ift.tt/3ykbRxF

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Facebook Inc on Tuesday sued a California marketing company and its representatives as well as a Vietnam-based group of individuals in separate lawsuits for running deceptive and unauthorized advertisements on its platform. Read More from Financial Post https://ift.tt/3AazDhc

We see limited risk to margins for CNG from expected rise in domestic gas price, given its significant differential versus liquid auto fuels. from The Financial Express https://ift.tt/3qAAkvY

Centre for Monitoring Indian Economy's (CMIE) MD & CEO Mahesh Vyas, however, noted that labour participation rate (LPR) has fallen during the week to 39.6% from 40.5% a week earlier. from The Financial Express https://ift.tt/2U9jTdI

TORONTO, June 28, 2021 (GLOBE NEWSWIRE) -- Omai Gold Mines Corp. (TSX VENTURE:OMG) ("Omai" or the "Company") is pleased to announce that further to its press releases dated June 2, 2021 and June 8, 2021, the Company has closed its non-brokered private placement with a lead order from Silvercorp Metals Inc. (“Silvercorp”). The Company issued 29,411,757 units (the "Units") at a price of C$0.17 per Unit for aggregate gross proceeds of C$4,999,999. Each Unit consists of one common share (“Common Share”) and one-half of a common share purchase warrant. Two such half warrants constitute a full warrant (a “Warrant”). Each Warrant entitles the holder to acquire one Common Share at an exercise price of C$0.23 for a period of 36 months from the closing date of the Offering. Read More from Financial Post https://ift.tt/2SAFX0w

About James River Group Holdings, Ltd. Read More from Financial Post https://ift.tt/3qx38Fk

VAUGHAN, Ontario -- IGNITE International Brands, Ltd. (CSE:BILZ, OTCQX: BILZF) (“ IGNITE ” or the “ Company ”), a global consumer packaged goods brand, today provided a corporate update of its activities for 2021. Read More from Financial Post https://ift.tt/3qv7cG8

WALTHAM, Mass. & NEW YORK -- NewHold Investment Corp. (NASDAQ: NHIC, “NewHold”), a publicly-traded special purpose acquisition company, and Evolv Technologies, Inc. (“Evolv Technology” or “Evolv”), the leader in AI touchless security screening, today announced that NewHold’s registration statement on Form S-4 (File No. 333-255017), relating to the previously announced merger of NewHold and Evolv (the “Business Combination”) has been declared effective by the U.S. Securities and Exchange Commission as of June 25, 2021. NewHold also announced that it will hold the extraordinary general meeting of stockholders (the “Special Meeting”) on July 15, 2021 at 8:00 AM ET to, among other things, allow its stockholders to vote to approve the proposed Business Combination with Evolv. The Special Meeting will be completely virtual and conducted via live webcast please visit nhicspac.com/proxyvote for more information. Read More from Financial Post https://ift.tt/2SwWFOb

The Nasdaq and S&P 500 headed to all-time highs on Monday, fueled by tech stocks as interest rates remain low, while investors awaited data on the U.S. labor market due on Friday. Read More from Financial Post https://ift.tt/2TfdvBE

NEW YORK -- U.S. biofuel and corn industry groups said on Monday they are urging the Environmental Protection Agency to use restraint in its use of waivers exempting refiners from their biofuel blending obligations after the Supreme Court last week upheld the controversial program. Read More from Financial Post https://ift.tt/3A3k1w1

Facebook Inc. won the dismissal of two antitrust cases filed by the federal government and a coalition of states when a judge threw out the lawsuits. The social media platform shares rose. Read More from Financial Post https://ift.tt/3A3jZnT

NEW YORK -- The U.S. dollar drifted higher on Monday in generally thin trading, with Read More from Financial Post https://ift.tt/3w3y5Cf

MONTRÉAL, June 28, 2021 (GLOBE NEWSWIRE) -- Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V: GDM) is pleased to announce that it has entered into an agreement with Benoit Moreau to acquire a 100% interest in 40 claims contiguous to its Anctil property, located in Québec Canada, in consideration of the issuance of 400,000 common shares of the Corporation. Read More from Financial Post https://ift.tt/3jlQpDU

PORTLAND -- Temperatures were expected to shatter records in the Pacific Northwest again on Monday, bringing the city of Portland to a standstill as residents hunkered down in air conditioned homes or cooling centers. Read More from Financial Post https://ift.tt/3A827s0

Under the loan guarantee scheme for tourist guides and stakeholders, recognized travel and tourism stakeholders (TTS) will be eligible to get a loan up to Rs 10 lakh each while tourist guides can avail loan up to Rs 1 lakh each. from The Financial Express https://ift.tt/3vXf1Wt

TORONTO -- The Canadian dollar weakened Read More from Financial Post https://ift.tt/3jijQXE

JPMorgan Chase & Co has taken a 40% stake in Brazilian digital bank C6 Bank, the companies said on Monday, making its retail debut in Latin America's biggest economy. Read More from Financial Post https://ift.tt/3vXj6df

Chinese grocery app Dingdong, backed by SoftBank Vision Fund II, downsized its U.S. initial public offering on Monday, according to a filing. Read More from Financial Post https://ift.tt/3hcwo05

MILAN -- Italian Serie A club Juventus FC has sounded out banks as it considers a capital increase among options to boost its pandemic-stricken finances, two sources close to the matter said on Monday. Read More from Financial Post https://ift.tt/3jp6Pvw

Officials involved in talks about a U.S. and British travel corridor said they thought it was increasingly unlikely they would reach a conclusion by the end of July, The Financial Times reported https://on.ft.com/3vXCfeR on Monday. Read More from Financial Post https://ift.tt/3w31UDd

WATKINS GLEN, N.Y., June 28, 2021 (GLOBE NEWSWIRE) -- The No. 55 Mazda Motorsports Mazda DPi RT24-P trio of Harry Tincknell, Oliver Jarvis and Jonathan Bomarito turned back a stout DPi field to win the Sahlen’s Six Hours of The Glen on Sunday. The six-hour endurance race was the fifth round of the 2021 IMSA WeatherTech SportsCar Championship. The Sahlen’s Six Hours is also the third of four WeatherTech Championship races that count toward the IMSA Michelin Endurance Cup. Read More from Financial Post https://ift.tt/3jnsdkH

VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. ( TSX – SWP ) (“Swiss Water” or “the Company”) is pleased to announce voting results from its Annual General and Special Meeting held on June 25, 2021. Read More from Financial Post https://ift.tt/3y0ftVc

WASHINGTON -- The U.S. consumer watchdog on Monday finalized new protections for homeowners who are struggling to make mortgage payments due to the pandemic, but said foreclosures will be allowed to resume in coming months once those extra protections have been met. Read More from Financial Post https://ift.tt/2UbatP2

NEW YORK -- Ether investment products and funds posted record outflows in the last week of June, bearing the brunt of negative sentiment on cryptocurrencies, according to data on Monday from digital asset manager CoinShares. Read More from Financial Post https://ift.tt/3x8gxX2

Walt Disney Co's cruise division said on Monday it is postponing its first test cruise from a U.S. port after a few volunteers showed "inconsistent" test results for COVID-19. Read More from Financial Post https://ift.tt/3hv3NDt

(Bloomberg) -- India has redirected at least 50,000 additional troops to its border with China in a historic shift toward an offensive military posture against the world's second-biggest economy. Read More from Financial Post https://ift.tt/3xXMO31

(Bloomberg) -- Tesla Inc.'s aspirations in China were dealt a major blow over the weekend after the government ordered that almost all the cars it's sold in the nation -- more than 285,000 of them -- be fixed to address a safety issue. Read More from Financial Post https://ift.tt/3x3Ami9

(Bloomberg) -- With seven months until the Beijing Winter Olympics, Brandon Yip thought he'd be on the ice with the Chinese national hockey team by now. Read More from Financial Post https://ift.tt/2UJdmqx

SYDNEY -- A year after the coronavirus pandemic pummeled Australia's economy, IT contractor Ashok Ravindran has a nice problem: deciding which of three job offers to accept. Read More from Financial Post https://ift.tt/3jljpeX

SURFSIDE -- The official death toll from the partial collapse of a high-rise condominium complex near Miami rose to nine on Sunday, with more than 150 people still missing, as rescue teams picked through the rubble for a fourth day without finding further signs of life. Read More from Financial Post https://ift.tt/3y076sU

LONDON -- Britain and Singapore will on Monday start negotiations on a new digital trade agreement that could remove barriers, part of London's push to become what it calls a "global tech powerhouse" post-Brexit. Read More from Financial Post https://ift.tt/3qsK6zW

The government is likely to reduce the interest rates on small savings schemes from July 1 to keep in line with falling interest rates in the market from The Financial Express https://ift.tt/3x35nme

Given the growing mutual fund investments, stocks of listed asset management companies are likely to do well in the long run from The Financial Express https://ift.tt/3haHEtL

Though some of these shifts are no doubt temporary, some are potentially long-term. As society moves beyond the survival mode, the digital adoption drive is likely to carry forward and become permanent and consumers making a more considered decision. from The Financial Express https://ift.tt/3djn2ys

The comfort features you’d find in a Rs 50 lakh luxury car are also available in the top-end variant of the Alcazar from The Financial Express https://ift.tt/3dje8kt

Canada's real estate service provider Brookfield Business Partners announced on Sunday an agreement to acquire UK-based Modulaire Group , which is backed by private equity firm TDR capital, for $5 billion. Read More from Financial Post https://ift.tt/3A5Q4Lt

(Bloomberg) -- China's Envision Group plans to spend as much as 2 billion euros ($2.4 billion) on a battery plant in northern France to power an affordable range of Renault SA electric vehicles. Read More from Financial Post https://ift.tt/3h9Vn3V

Rebuilding businesses through uncertainties in a post-pandemic world from The Financial Express https://ift.tt/3jeDSSS

Connectivity is seamless on these lightweight, good-sounding TWS earbuds from The Financial Express https://ift.tt/3y06142

Galaxy M32 has a good-looking display, massive 6000mAh battery and impressive cameras from The Financial Express https://ift.tt/3h59k4F

This startup has been delivering seeds, farming equipment, fertilisers, pesticides and animal feed to 8 lakh farmers across more than 20,000 villages in India from The Financial Express https://ift.tt/35ToROz

BROOKFIELD, News, June 27, 2021 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) ("Brookfield Business Partners") together with institutional partners (collectively “Brookfield”) today announced an agreement to acquire Modulaire Group (“Modulaire”) for approximately $5 billion. Read More from Financial Post https://ift.tt/3w16fXe

PARIS -- President Emmanuel Macron will declare that Paris is back on the map of global finance on Tuesday when he inaugurates JPMorgan's new trading hub in the French capital which he hopes will attract more bankers leaving post-Brexit Britain. Read More from Financial Post https://ift.tt/3dmF038

LONDON -- Britain's financial regulator has said Binance, one of the world's largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform, which is coming under growing scrutiny globally. Read More from Financial Post https://ift.tt/3qwF45O

SURFSIDE -- As the death toll rose to nine with more than 150 people still missing, rescue teams on Sunday kept picking through the rubble of the Florida condo building that collapsed three days ago, as questions swirled about the tower's structural integrity. Read More from Financial Post https://ift.tt/3AdFiTR

MEXICO CITY -- Volkswagen AG's Mexico unit said on Sunday it expects to restart production of three segments from next week and in July after output was curtailed by a global semiconductor chip supply crunch. Read More from Financial Post https://ift.tt/35Wv4JC

MEXICO CITY -- Volkswagen AG's Mexico unit said on Sunday it expects to restart production of several of its segments from next week and in July after output was curtailed by a global semiconductor chip supply crunch. Read More from Financial Post https://ift.tt/3qsKLSb

DUBAI -- State investor Mubadala's satellite company Yahsat has set an indicative price range for its initial public offering which shows it could raise up to 2.976 billion dirham ($810 million) in the IPO, a newspaper advertisement showed. Read More from Financial Post https://ift.tt/3hd4YqI

Throughout this terrible phase, I have watched the fortunes of agriculture, micro, small & medium enterprises (MSMEs) and the services sector because, between them, they employ the bulk of the labour force. from The Financial Express https://ift.tt/3jjnUqn

DUBAI -- State investor Mubadala's satellite company Yahsat has set an indicative price range for its initial public offering which shows it could raise up to 2.976 billion dirham ($810 million) in the IPO, a newspaper advertisement showed. Read More from Financial Post https://ift.tt/35XRslA

BEIJING -- Profits at China's industrial firms rose 36.4% in May from a year earlier to 829.92 billion yuan ($128.58 billion) official data showed on Sunday. Read More from Financial Post https://ift.tt/3A1k8bk

India is estimated to touch 657 million gaming users by FY25. Sectoral revenues are projected to increase to Rs 29,000 crore by FY25 from Rs 13,600 crore in FY21 led by casual gaming, analysts said. from The Financial Express https://ift.tt/3qsZ74U

Last week came the first signs that the Dynasty has understood this. Rahul Gandhi popped up to declare that a third Covid wave was ‘definitely coming’, and said the Congress party had produced a ‘white paper’ that contained advice for the government. from The Financial Express https://ift.tt/3xU3Qiw

Families who have opted for online school are hoping it will help kids transition to offline school better. But when it comes to learning, there isn't much happening. from The Financial Express https://ift.tt/3xOuxoS

"I have not crossed the red line even once. But can I be a rubber stamp? Should I be a post office? Should I be sitting in Raj Bhavan at a time when Bengal is on fire, when the CBI office is under siege, when girls are being molested?" from The Financial Express https://ift.tt/3hbw0ie

Hong Kong's Cathay Pacific Airways Ltd expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said. Read More from Financial Post https://ift.tt/3xU6hSc

If you’ve not been following Jon Rahm’s travails over the past few weeks, here’s a quick reckoner. from The Financial Express https://ift.tt/3h02PQx

In the 53rd edition of Directors' Fortnight, Mumbai-born Kapadia's A Night of Knowing Nothing will be part of the main draw of 24 feature films, which also has the debut film Hit the Road by Iranian director Jafar Panahi's son Panah Panahi. from The Financial Express https://ift.tt/3dkMNhU

Delivering his concluding speech before the Governing Body in Geneva, Chandra said many employers were exploring options of WFH and also as a long-term opportunity to supplement present work arrangements, with a view to mitigate the challenges of Covid-19 pandemic. from The Financial Express https://ift.tt/368XUXj

(Bloomberg) -- One of the first things visitors to the southern Chinese city of Liuzhou notice is the quiet. Missing is the incessant noise of throbbing engines and clashing gears that provides the backdrop to daily life in most metropolises around the globe. Read More from Financial Post https://ift.tt/3jgc1l4

(Bloomberg) -- The European Union's carbon market, the world's biggest, is set to expand and impose tougher limits on emitters as the region aligns its entire economy with a stricter climate target for the next decade. Read More from Financial Post https://ift.tt/3jhLN1R

Byapari, who worked in dhabas and washed plates, spent several years in jail for his association with the Naxalite movement in Bengal. from The Financial Express https://ift.tt/3A149dk

Beverage alcohol company Diageo India ventured into 100% rice whisky with United's Epitome Reserve, which is made with locally-sourced rice from the northern frontiers of Punjab. from The Financial Express https://ift.tt/3vZLRFW

Considering that a third wave is imminent, a wiser and safer alternative perhaps would be to transport oneself to different destinations through books. from The Financial Express https://ift.tt/3qs5zcp

The younger generation, especially is much more accepting of people with different orientations. It's this kind of shift in thinking that can bring a greater change when it comes to transforming people’s mindsets. from The Financial Express https://ift.tt/3wYasfG

A coming-of-age novel about a man’s perennial confrontation with his parents and ghosts of the past from The Financial Express https://ift.tt/2U5yiHQ

Musings on our life and times rise above narrow individualistic confines from The Financial Express https://ift.tt/2UxW0wy

(Bloomberg) -- All eyes will be on Friday's U.S. jobs report as investors and policy makers alike look for meaningful labor market improvement after two months of data that came in much lower than expected. Read More from Financial Post https://ift.tt/2TdnVBA

SAN FRANCISCO -- Microsoft said on Friday an attacker had won access to one of its customer-service agents and then used information from that to launch hacking attempts against customers. Read More from Financial Post https://ift.tt/3wTYR1f

The United States has administered 322,123,103 doses of COVID-19 vaccines in the country as of Saturday morning, and distributed 381,276,030 doses, the U.S. Centers for Disease Control and Prevention (CDC) said on Saturday. Read More from Financial Post https://ift.tt/3dh3A5q

VTEX, a Brazilian digital commerce platform backed by SoftBank Group Corp, on Friday filed for an initial public offering in the United States, revealing a 56% jump in revenue in the three months ended March 31. Read More from Financial Post https://ift.tt/3h4o3eR

CHICAGO -- Chicago Mercantile Exchange hog futures firmed on Friday, supported by technical buying after sagging to their lowest in nearly three months on Thursday, traders said. Read More from Financial Post https://ift.tt/3xaMka1

The Employees’ State Insurance Act, 1948, is applicable to non-seasonal, manufacturing establishments employing 10 or more workers. The wage ceiling is Rs 21,000 per month. from The Financial Express https://ift.tt/2U6QMHR

TORONTO, June 25, 2021 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) announces that at its Annual Meeting of Shareholders held earlier today (the “Meeting”) there were 430 shareholders voting in person or by proxy holding in total 280,023,803 common shares of the Company, representing 75.35% of the total number of common shares of the Company outstanding. Read More from Financial Post https://ift.tt/3h3zS4V

SAN DIEGO -- We were disappointed to see Asset Backed Alert (ABA) publish such a wholly inaccurate article with no basis in fact. The lack of credibility and integrity in their reporting was extraordinary given that ABA had been made aware that their information was incorrect and proceeded to publish the article anyway. Read More from Financial Post https://ift.tt/3gSjiWO

PSD is a division of Forte International Spirits Direct Distributing, which carries regional specialty brands of liquor and liqueur such as Jaan , Five O’Clock , Zapata , and Tennessee Crown . Operating on a direct-to-store delivery (“DSD”) basis, PSD carries a variety of convenience category products to include beverages, snacks, and specialty lifestyle goods. PSD distributes to approximately 1,200 retail stores including 800 convenience stores as well as liquor stores and independent chains of “cash-and-carry” markets, many of which already carry tobacco products. Approximately 90% of PSD’s accounts are located in the state of Georgia, though it also services retailers in North Carolina, South Carolina, and Alabama. Read More from Financial Post https://ift.tt/3vXGNlt

The S&P 500 ended the week at record high on Friday, lifted by Nike and several banks, while weaker-than-expected inflation data eased worries about a sudden tapering in stimulus by the Federal Reserve. Read More from Financial Post https://ift.tt/3jf2E5h

BRAMPTON, Ontario -- DATA Communications Management Corp. (TSX: DCM) (“ DCM ” or the " Corporation ") today announced the report of voting results for the annual general meeting of shareholders (the “ Meeting ”) of DATA Communications Management Corp. (the “ Corporation ”) held on June 25, 2021. Read More from Financial Post https://ift.tt/3xVbOIo

MONTREAL, June 25, 2021 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“ Harfang ” or the “ Corporation ”) (TSX-V: HAR) announces today the closing of a non-brokered private placement. Read More from Financial Post https://ift.tt/3gSj55Y

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Mexico's peso was set to clock its best Read More from Financial Post https://ift.tt/3wThfr0

PORTLAND -- Cooling centers began opening across the U.S. Pacific Northwest on Friday as local officials warned of "life-threatening heat" in the coming days that could shatter high-temperature records. Read More from Financial Post https://ift.tt/2T76oLt

VIENNA/PARIS -- The U.N. nuclear watchdog on Friday demanded an immediate reply from Iran on whether it would extend a monitoring agreement that expired overnight, prompting an Iranian envoy to respond that Tehran was under no obligation to provide an answer. Read More from Financial Post https://ift.tt/3h4Sr8W

SAINT JOHN, N.B., June 25, 2021 (GLOBE NEWSWIRE) -- Nine new graduates will join the ranks of the growing number of New Brunswick women choosing a career in the skilled trades. The Skilled Trades Exploration Program for Women’s class of 2021 (STEPW) marked the completion of their studies with a ceremony at NBCC-Saint John today. Read More from Financial Post https://ift.tt/3h86r1G

NEW YORK -- Oil prices climbed to their highest since October 2018 on Friday, putting both benchmarks up for a fifth week in a row on expectations demand growth will outstrip supply and OPEC+ will be cautious in returning more crude to the market from August. Read More from Financial Post https://ift.tt/3gUdpZ6

This week, lawmakers in the United States called for an investigation into whether the October 2019 Military World Games in Wuhan, China was a COVID-19 super-spreader event and whether officials should have known something was amiss, given that the city seemed unusually empty and was described by some participants as a “ghost town.” Read More from Financial Post https://ift.tt/3h45tn7

It is possible the U.S. economy could reach the conditions on maximum employment and inflation that would merit an interest rate increase next year, but it will be important to watch the data, Boston Federal Reserve Bank President Eric Rosengren said on Friday. Read More from Financial Post https://ift.tt/3zSfxYO