Mesabi Trust: Full Production Is Back Despite Cleveland-Cliffs' Ambitions
- Mesabi Trust announces $0.37 quarterly dividend and Cleveland-Cliffs Inc. holds Q4 earnings call. Cleveland-Cliffs CEO threatens to use more scrap metal, but Mesabi Trust's production looks to be back to full capacity. Mesabi Trust offers a 7.2% forward yield with potential for higher dividends if iron ore prices increase.
- 02/04/2024
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Mesabi Trust Press Release
- NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-seven cents ($0.37) per Unit of Beneficial Interest payable on February 20, 2024 to Mesabi Trust Unitholders of record at the close of business on January 30, 2024. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty-seven cents ($0.37) per Unit distribution, as compared to no distribution.
- 01/12/2024
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Mesabi Trust: Unlikely Cleveland-Cliffs Shuts Northshore Down In The Near Term
- Mesabi Trust's near-term value depends on the actions of Cleveland-Cliffs Inc., which operates the Northshore iron ore mine. Cleveland-Cliffs idled the Northshore mine in 2022 and restarted it in Q2 2023, but CEO Goncalves has threatened to use it as a swing operation. Northshore is not likely to be shut down soon, as Cleveland-Cliffs is faced with robust demand and may want to safeguard its reputation while pursuing acquisitions in steel making.
- 10/25/2023
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Mesabi Trust Looks Attractive With Estimated Forward Yield Of 8.2% To 11.4%
- Mesabi Trust distributions were scrapped because Cleveland-Cliffs temporarily idled its mine. Iron ore demand could benefit from China's construction sector stimulus. Normalized annualized distributions per unit from Mesabi Trust could be as high as $2.8.
- 10/18/2023
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Mesabi Trust Press Release
- NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-five cents ($0.35) per Unit of Beneficial Interest payable on November 20, 2023 to Mesabi Trust Unitholders of record at the close of business on October 30, 2023. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty-five cents ($0.35) per Unit distribution, as compared to no distribution a.
- 10/13/2023
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Mesabi Trust: Patient Investor's Opportunity Amid Cleveland-Cliffs' Uncertainty
- Mesabi Trust: Patient Investor's Opportunity Amid Cleveland-Cliffs' Uncertainty.
- 04/27/2023
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7 Safe High-Yield Dividend Stocks to Buy
- In this market, it's understandable if you're a little jumpy. Inflation is up, returns are down, and retirement accounts are taking it on the chin.
- 12/11/2022
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Mesabi Trust: Short-Term This Doesn't Look Great, Long-Term I Like
- Mesabi Trust is a yield vehicle that has recently paused its yield. The operator of the Northshore facility has shut it down temporarily.
- 11/05/2022
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The 7 Most Undervalued Long-Term Stocks to Buy Now
- My task today is to find seven of the most undervalued long-term stocks to buy now. We need to determine two things before stock selection takes place.
- 10/19/2022
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7 Safe High-Yield Dividend Stocks to Buy
- In this market, it's understandable if you're a little jumpy. Inflation is up, returns are down and retirement accounts are taking it on the chin.
- 10/16/2022
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Menarini Silicon Biosystems’s CELLSEARCH® CMMC and HER2-CTC Liquid Biopsy Tests obtain Reimbursement Codes with Preliminary Pricing Determination
- These new codes are required to access Medicare/Medicaid insurance reimbursement for novel CELLSEARCH Circulating Multiple Myeloma Cell (CMMC) and HER2 Circulating Tumor Cell (CTC-HER2) assays, to monitor disease status in patients with life-threatening illnesses. HUNTINGDON VALLEY, Pa., Oct. 13, 2022 /PRNewswire/ — Menarini Silicon Biosystems (MSB), Inc. is announcing that the AMA has issued Current… The post Menarini Silicon Biosystems’s CELLSEARCH® CMMC and HER2-CTC Liquid Biopsy Tests obtain...
- 10/13/2022
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7 Small-Cap Growth Stocks With Multibagger Potential
- The Federal Reserve's hawkish stance has created opportunities for investors to pick up a few multibagger small-cap growth stocks. These picks are usually riskier than mid-cap and large-cap stocks.
- 08/17/2022
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Mesabi Trust Is Not So Easily Ousted
- They earn royalties on iron ore mined from one of Cleveland-Cliffs' main mines. Cleveland-Cliffs is trying to put a strain on Mesabi by idling mining as much as possible at the main Minnesota mine where Mesabi has the royalty agreement.
- 06/03/2022
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97 March 10%+Yield Dividend Dogs But 2 Were Overpriced
- 97 March 10%+Yield Dividend Dogs But 2 Were Overpriced
- 03/27/2022
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3 Dividend Paying Industrials Near 52-Week-Lows
- Industrials stocks are beat down to a point where we can justify increasing our exposure to the sector.
- 03/19/2022
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Mesabi Trust And Its Real Value
- Mesabi Trust And Its Real Value
- 01/05/2022
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Mesabi Trust Press Release
- NEW YORK--(BUSINESS WIRE)--Distribution Announcement The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of One Dollar and forty-two cents ($1.42) per Unit of Beneficial Interest payable on November 20, 2021 to Mesabi Trust Unitholders of record at the close of business on October 30, 2021. This compares to a distribution of thirty-six cents ($0.36) per Unit for the same period last year. The One Dollar and six cents ($1.06) per Unit increase in the current distribution, as compared
- 10/08/2021
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Top 5 1st-Quarter Buys of Murray Stahl's Horizon Kinetics
- Murray Stahl (Trades, Portfolio), co-founder of Horizon Kinetics, disclosed this week that his firm's top five buys during the first quarter were in West Fraser Timber Co. Ltd. ( WFG , Financial), Brigham Minerals Inc. ( MNRL , Financial), Archer-Daniels Midland Co. ( ADM , Financial), Mesabi Trust ( MSB , Financial) and Intercontinental Exchange Inc. ( ICE , Financial).
- 05/12/2021
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Mesabi Trust Stock Gives Every Indication Of Being Significantly Overvalued
- The stock of Mesabi Trust (NYSE:MSB, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded.
- 03/23/2021
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Mesabi Trust Press Release
- NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of forty-six cents ($0.46) per Unit of Beneficial Interest payable on February 20, 2021 to Mesabi Trust Unitholders of record at the close of business on January 30, 2021. This compares to a distribution of seventy cents ($0.70) per Unit for the same period last year. The twenty-four cents ($0.24) per Unit decrease in the current distribution, as compared to the distribution announced by the Trust at the
- 01/11/2021
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Mesabi Trust Remains Attractive To Yield-Centric Investors
- Mesabi Trust is likely to enjoy a strong 2021 on iron ore pricing offering a favorable setup for yield centric-investors. On a macro view, should investors look beyond fixed income for yield, MSB is a likely beneficiary.
- 01/05/2021
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These imploding, scandal-plagued companies shared a Big Four auditor
- EY missed red flags or failed to aggressively pursue them at some of the companies ahead of their scandals, and for the most part it was outsiders who raised...
- 10/18/2020
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State-of-the-art Nahdicare Clinics opens in Jeddah
- Nahdi Medical Company (NMC), an award-winning health care provider and Saudi Arabia’s largest pharmacy retail chain, has announced the opening of its second medical center in Jeddah. Located on Prince Mohammed Bin Abdul Aziz Street in the lively Tahlia neighborhood, Nahdicare Clinics provides holistic and personalized in-patient and out-patient medical services to the local community.
- 10/17/2020
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String of Firms That Imploded Have Something in Common: Ernst & Young Audited Them
- The Big Four accounting concern reviewed the books of Wirecard, Luckin Coffee and other companies where investors lost billions when scandals emerged. The firm, which caters to fast-growing tech startups, says it unearthed some of the problems.
- 10/16/2020
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STC reports 22% rise in female employees in 2020
- The number of female employees at the Saudi Telecom Company (STC) shot up by 22.6 percent in 2020 compared to the previous year, while the percentage of female employees in leadership positions also increased dramatically, making up around 18 percent of the members of the company’s High Potential (HiPo) leadership program. It is STC’s most important program designed to prepare outstanding employees for leadership positions. Only three years after the company began hiring women, STC now employs around 3,000 female employees.
- 10/14/2020
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LuLu promotes reusable bags in breast cancer campaign
- Regional retailer LuLu has launched a charity initiative, “Pink Now: Buy Green, Support Pink,” wherein it will donate SR1 ($0.27) to Zahra Breast Cancer Association for every purchase of a reusable bag across its stores. The campaign was kicked off in a virtual event, inaugurated by Souad bin Amer, deputy chairperson of Zahra Breast Cancer Association, in the presence of Hanadi Al-Othah, CEO, Zahra Breast Cancer Association; Shehim Mohammed, director of LuLu Hypermarkets Saudi Arabia; and other LuLu officials.
- 10/14/2020
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Riyadh Marriott Hotel committed to sustainability
- Riyadh Marriott Hotel, built in 1982, is committed to making a positive and sustainable impact on the communities it operates in. One of the goals of Marriott International is to reduce the environmental footprint by 30 percent across its portfolio by 2025.
- 10/13/2020
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KAUST, Misk partner for Entrepreneurship World Cup
- For the second year in a row, King Abdullah University of Science and Technology (KAUST) is partnering with Misk Global Forum (MGF) to support this year’s Entrepreneurship World Cup (EWC). KAUST is providing a range of support, notably by hosting a bootcamp for the finalists ahead of the Global Finals that are taking place virtually as part of the MGF annual gathering, from Oct. 18-20.
- 10/12/2020
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Amaala welcomes Victor Clavell as chief operating officer
- Amaala, the ultra-luxury destination located along Saudi Arabia’s northwestern coast, has appointed hospitality industry veteran Victor Clavell to the role of chief operating officer. Victor joins Amaala’s senior leadership team, working closely with CEO Nicholas Naples to bring the destination to life over the coming years. With an innate understanding of the luxury hospitality business, Clavell steps into a role that will see him lead the operations division across the destination and its three communities — Triple Bay, The Coastal Development, and The Island.
- 10/12/2020
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Summit promotes PPP as alternative finance solution
- MENA PPP Virtual Think Tank, a one-day virtual summit hosted by MEED-GlobalData, will bring together industry experts to discuss public-private partnership (PPP) frameworks and their growing importance in the region. The live event on Tuesday will give audiences an opportunity to engage with government dignitaries, top management officials and decision-makers from the region’s leading infrastructure companies and regulatory authorities.
- 10/12/2020
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Businessman Shetty seeks India probe of NMC, Finablr ex-CEOs over $6 billion scandal
- Businessman Shetty seeks India probe of NMC, Finablr ex-CEOs over $6 billion scandal
- 10/12/2020
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The Fiver | Three big draws made in the ever-exciting world of association football
- In today’s Fiver: Big Cup, Big Vase, Energy Tin and a shootout for the ages
- 10/02/2020
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Premier League will lobby Ifab to change controversial handball laws
- The Premier League will lobby the rule-making body Ifab to change the handball laws following the controversial penalty awarded against Tottenham’s Eric Dier on Sunday
- 09/30/2020
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What crisis? Europe's top clubs spend £2.5bn on players in transfer window
- Premier League spending tops £1bn despite loss of gate receipts
- 09/30/2020
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Abu Dhabi's ADGM appoints administrators for NMC Health
- The legal guardianship will protect the group from creditors’ actions.
- 09/28/2020
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Alvarez & Marsal appointed administrator of NMC Healthcare in the UAE
- Alvarez & Marsal appointed administrator of NMC Healthcare in the UAE
- 09/27/2020
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NMC comes into existence as India's regulator of medical education
- "With this, the decades-old institution of the Medical Council of India (MCI) stands abolished," the ministry said
- 09/25/2020
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National Medical Commission comes into existence as India's regulator of medical education | Education
- "Historic reform in the field of medical education has been effected by the Union government with the constitution of the National Medical Commission (NMC), along with four autonomous boards," the ministry said in a statement. "With this, the decades-old institution of the Medical Council of India (MCI) stands abolished," it said.
- 09/25/2020
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National Medical Commission takes charge, Medical Council of India abolished | Health
- In a historic reform in the field of medical education, the National Medical Commission (NMC) has been constituted to function as the top medical education regulator, along with four Autonomous Boards. Meanwhile, the Medical Council of India (MCI) has been abolished.
- 09/25/2020
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Reform in medical education with constitution of National Medical Commission | Education
- The NMC will carry forward the reforms initiated by the Board of Governors under Dr V K Paul.
- 09/25/2020
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New medical education regulator NMC comes into force
- Responsibilities of the commission range from approving and assessing medical colleges, conducting common MBBS entrance and exit examinations and regulating medical course fees
- 09/25/2020
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MCI dissolved, National Medical Commission takes charge
- The NMC Act, which seeks to usher in mega reforms in the medical education sector, received the assent of the president on August 8, 2019 and was published the same day
- 09/25/2020
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Medical education in India: MCI dissolved, new regulator from today
- The NMC Act, which seeks to usher in mega reforms in the medical education sector, received the assent of the president on August 8, 2019 and was published the same day.
- 09/25/2020
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National Medical Commission to come into force from Sep 25; BoG MCI to be dissolved | Education
- Read more about National Medical Commission to come into force from Sep 25; BoG MCI to be dissolved on Devdiscourse
- 09/24/2020
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KBBO hires restructuring expert for $2bn debt revamp
- The privately-held investment firm with assets in health care and food named Bruno Navarro as its chief restructuring officer.
- 09/23/2020
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Virtusa Affirms Maximum and Certain Value Created by BPEA Transaction | | IT Business Net
- Transaction Follows Thorough Market Assessment Following Receipt of Unsolicited Proposal Vote "FOR" the Company's Two Independent and Highly Qualified Director Nominees on the WHITE Pro
- 09/21/2020
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Virtusa Affirms Maximum and Certain Value Created by BPEA Transaction
- Virtusa Affirms Maximum and Certain Value Created by BPEA Transaction
- 09/21/2020
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Interstitial Cystitis: An Unrecognized Complication of Transvaginal Mesh Slings
- Pudendal neuralgia from pudendal nerve entrapment in a majority of cases produce the same urological symptoms that are described for Interstitial Cystitis.
- 09/18/2020
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Companies House to verify directors' identities before being listed
- Move seen as long overdue after complaints of register giving false data credibility
- 09/18/2020
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Bahrain Fisheries and Aquaculture Market Growth, Trends, and Forecast Report 2020-2025 - ResearchAndMarkets.com
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Boat And Yacht Transportation Market- Roadmap for Recovery from COVID-19 | Rising Demand For Recreational Boating to boost the Market Growth | Technavio
- The Global Boat and Yacht Transportation Market will grow by USD 511.25 mn during 2020-2024
- 09/17/2020
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Tesla Battery Day: Out With The Cobalt, In With The Manganese (NASDAQ:TSLA)
- Tesla battery day is coming up on September 22. Big announcements are widely expected with respect to its battery technology.
- 09/15/2020
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Virtusa Highlights Merits of Significant Premium Transaction with Baring Private Equity Asia | | IT Business Net
- Details Execution of its Three Pillar Strategic Plan for Shareholder Value Creation that Culminated in Value-Maximizing Transaction Urges Shareholders to Protect the Value of Their Investment by Votin
- 09/15/2020
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Virtusa Highlights Merits of Significant Premium Transaction with Baring Private Equity Asia
- Virtusa Highlights Merits of Significant Premium Transaction with Baring Private Equity Asia
- 09/15/2020
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The Retirees' Dividend Portfolio: John And Jane's August Taxable Account Update
- The Taxable account generated $1,674.90 of dividends in August of 2020 compared with $1,591.52 of dividends in August of 2019.
- 09/10/2020
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Mesabi Trust (NYSE:MSB) Share Price Crosses Above 200 Day Moving Average of $16.55
- Mesabi Trust (NYSE:MSB) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.55 and traded as high as $20.34. Mesabi Trust shares last traded at $19.87, with a volume of 39,807 shares trading hands. The company has a market capitalization of $261.09 million, a PE […]
- 09/10/2020
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NMC ‘wants to exit Saudi venture’
- DUBAI: Administrators to NMC Health, the fraud-stricken UAE-based hospitals company, are looking for buyers of its Saudi Arabian business launched last year. Alvarez & Marsal, the firm appointed to oversee the future of NMC assets following its collapse with a total of $6.6 billion of debts, told creditors in a recent presentation that the Saudi business and some other international operations were regarded as “non-core,” and that it was examining options to sell.
- 08/29/2020
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NMC Health faces advisory fees of $140m for bankruptcy
- NMC had a peak market value of $10bn on the London Stock Exchange before the uncovering of billions of dollars of undisclosed debt pushed it into administration.
- 08/26/2020
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Virtusa Outlines Achievements and Mission-Critical Credentials of Current Board, including Nominees Al-Noor Ramji and Joseph G. Doody
- Virtusa Corporation (NASDAQ GS: VRTU), a leading IT services provider that enables the digital transformation of Global 2000 enterprises by imagining,
- 08/25/2020
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China renews blue alert for Typhoon Bavi
- BEIJING (Xinhua): China's national observatory on Sunday (Aug 23) renewed a blue alert for Typhoon Bavi, which is expected to bring gales to south and southeast China.
- 08/23/2020
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China renews blue alert for typhoon Bavi
- China's National Meteorological Center (NMC) on Sunday renewed a blue alert for typhoon Bavi, which is expected to lash the country's south and southeast regions. The typhoon, the eighth of this year, strengthened from a tropical depression on Saturday morning and was observed at waters 390 km west of the city of Naha in Japan's Okinawa prefecture at 5 a.m.
- 08/23/2020
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10 Coronavirus Signs For Businesses: Social Distancing, Face Masks And More!
- Reopen your business in any industry safely and securely while keeping the coronavirus away from yourself, your staff, and your clients. Here are 10 signs of businesses that you can use as we face the coronavirus pandemic.
- 08/20/2020
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NMC administrators say they’re near bottom of hidden debt pit
- NMC had a market value of $10bn at its peak on the London Stock Exchange before allegations of fraud pushed it into administration.
- 08/20/2020
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The Retiree's Dividend Portfolio - Jane's July Update: Resilient Dividends
- Jane's retirement accounts generated a total of $2,028.65 of dividend income for July 2020 vs. $1,988.24 of dividend income for July of 2019.
- 08/19/2020
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The Retirees' Dividend Portfolio: John And Jane's July Taxable Account Update
- The Taxable account generated $1,337.01 of dividends in July of 2020 compared with $1,030.43 of dividends in July of 2019.
- 08/13/2020
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European battery makers power up for a green recovery
- European battery makers are gearing up to take advantage of massive "green" stimulus packages unveiled since the coronavirus pandemic though many acknowledge it will be tough to match the Asian giants that dominate the mainstream market.
- 08/13/2020
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Hospitals provider Health probed for issuing 'fake' invoices
- The hospitals provider, which was forced into administration by lenders in April, reportedly funneled the fake sales through a drugs company controlled by NMC founder BR Shetty (pictured).
- 08/10/2020
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NMC Health Suspected Of Faking Drug Orders | PYMNTS.com
- Investigators are exploring whether once high-flying UAE healthcare provider NMC Health falsified drug orders to inflate the books of a related company.
- 08/10/2020
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Stokes and Woakes drag England back into Test with late Pakistan wickets
- Pakistan are still in charge of the first Test and it will take something remarkable from an England side that occasionally has the capacity to amaze to change that
- 08/07/2020
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Eve & Co Announces Licensing Agreement With Colio Estate Wines
- Eve & Co Incorporated (“Eve & Co”, “we”, “us” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF) is pleased to announce that its wholly-owned subsidiary, Natural
- 08/06/2020
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Dividends By The Numbers In July 2020
- July 2020 saw significant improvements for dividend-paying firms in the U.S. stock market.
- 08/05/2020
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Typhoon Hagupit makes landfall in China's Zhejiang province
- BEIJING (Xinhua): Hagupit, the fourth typhoon of this year, landed in east China's Zhejiang Province in the wee hours of Tuesday (Aug 4), the National Meteorological Center (NMC) said.
- 08/04/2020
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UAE's NMC Health secures $250m funding - Gulf Business
- NMC has developed a three-year business plan with a strategy to deliver continued growth in its core UAE business
- 08/04/2020
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NMC Health gets operating reprieve with $250 mln loan
- Hospital operator NMC Health has secured a $250 million financing facility which will allow it to
- 08/03/2020
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Entegris Asia Pte Ltd. and SIMTech Establish a Joint Research Laboratory Focused on Expanding and Enhancing Entegris’ Product Development Capabilities Using Additive Manufacturing (3D Printing)
- Entegris, Inc. (NASDAQ: ENTG), a world-class supplier of advanced materials and process solutions for the semiconductor and other high-technology indu
- 08/03/2020
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The Business Of Social Media Influencers In The UAE
- We look into how the business of influencers is operated in the UAE and what legal ramifications could be in store for an influencer's failure to influence.
- 07/28/2020
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The Retiree's Dividend Portfolio - Jane's June Update: Record Dividends During COVID-19
- Jane's retirement accounts generated a total of $2,047.11 of dividend income for June 2020 vs. $1,561.04 of dividend income for June of 2019.
- 07/27/2020
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Akufo-Addo stops Ursula from 'attacking' GBC
- President Akufo-Addo has directed the Communications Minister, Ursula Owusu, to suspend the DTT directive given to the Ghana Broadcasting Corporation (GBC).
- 07/23/2020
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NMC Health wants to raise up to $250 million ahead of UAE insolvency process: Sources
- Hospital operator NMC Health is looking to raise up to $250 million in debt while it prepares for
- 07/23/2020
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The Retirees' Dividend Portfolio: John And Jane's May Taxable Account Update
- The Taxable account generated $1,407.88 of dividends in June of 2020 compared with $936.06 of dividends in June of 2019.
- 07/20/2020
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Mesabi Trust Press Release
- The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five cents ($0.05) per Unit of Beneficial Interest payable on August 20, 2020 to Mesabi Trust Unitholders of record at the close of business on July 30, 2020. This compares to a distribution of twenty-one cents ($0.21) per Unit for the same period last year.
- 07/13/2020
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Another standoff between NMC, BJP: Civic staff goes on ‘pen-down’ strike after MLC ‘abuses’ senior official
- MLC Pravin Datke had phoned Assistant Director, Town Planning, Pramod Gawande to ask why he had not made himself present after a BJP corporator had asked him to come and check a stalled road work project.
- 07/13/2020
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Mesabi Trust Press Release
- The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five cents ($0.05) per Unit of Beneficial Interest payable on August 20, 2020 to Me
- 07/13/2020
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NMC's UAE entity weighing Abu Dhabi option for restructuring: sources
- Troubled hospital operator NMC Health's entity in the United Arab Emirates (UAE), NMC Healthcare LLC, is considering applying for restructuring and insolvency proceedings locally, two sources familiar with the matter said.
- 07/12/2020
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NMC's UAE entity weighing Abu Dhabi option for restructuring: sources
- Troubled hospital operator NMC Health's entity in the United Arab Emirates (UAE), NMC Healthcare LLC, is considering applying for restructuring and insolvency proceedings locally, two sources familiar with the matter said.
- 07/12/2020
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NMC's UAE entity weighing Abu Dhabi option for restructuring - sources
- Troubled hospital operator NMC Health's entity in the United Arab Emirates (UAE), NMC Healthcare LLC, is considering applying for restructuring and insolvency proceedings locally, two sources familiar with the matter said.
- 07/12/2020
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NMC's UAE entity weighing Abu Dhabi option for restructuring - sources
- Troubled hospital operator NMC Health's entity in the United Arab Emirates (UAE), NMC Healthcare LLC, is considering applying for restructuring and insolvency proceedings locally, two sources familiar with the matter said.
- 07/12/2020
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Bavaguthu Raghuram Shetty: What's in a name? Banks count cost of loans in NMC collapse
- Bavaguthu Raghuram Shetty, an Abu Dhabi-based Indian entrepreneur, was feted as the Gulf's ultimate immigrant success story and NMC Health, the United Arab Emirates' largest private hospital group, borrowed without having to provide collateral from dozens of banks either headquartered or with bases in the region.
- 07/12/2020
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The perils of name lending: Banks count cost of loans in NMC collapse
- Borrowing on the basis of reputation, known as "name lending", and taking on a large exposure to one person or entity is not unusual in the Gulf region
- 07/12/2020
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What's in a name? Banks count cost of loans in NMC collapse | MarketScreener
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NMC's UAE entity weighing Abu Dhabi option for restructuring: sources
- NMC's UAE entity weighing Abu Dhabi option for restructuring: sources
- 07/12/2020
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What's in a name? Banks count cost of loans in NMC collapse | MarketScreener
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What's in a name? Banks count cost of loans in NMC collapse
- What's in a name? Banks count cost of loans in NMC collapse
- 07/10/2020
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DWS et Northwestern Mutual Capital : partenariat stratégique concernant les marchés privés
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Boris Johnson's pledge to recruit 50,000 more NHS nurses is in doubt
- Number of nurses coming from EU fell again and coronavirus prevented further arrivals
- 07/09/2020
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Global Lithium-ion Electric Vehicle Battery Market (2020 to 2025) - Analysis by Chemistry Type, Vehicle Type, Region & Country - ResearchAndMarkets.com
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EY’s Shameful Year – NMC Health, Luckin, Wirecard And A Failed Attack On A Whistleblower
- EY has a lot of explaining to do about its work for three high-flying companies now mired in financial scandals.
- 07/06/2020
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Sheffield United sweep Tottenham aside to revive hopes of Europe
- Goals from Sander Berge, Lys Mousset and Oli McBurnie gave Sheffield United a comfortable 3-1 win over Tottenham at Bramall Lane in the Premier League
- 07/02/2020
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England cricket team to wear Black Lives Matter badge against West Indies
- The logo on England’s shirts is becoming a symbol of sport’s attempts to distance its own actions in protesting against racial injustice from the organisation that shares the name
- 07/02/2020
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Ex-Spurs transfer chief trying to bring Serge Aurier to Monaco
- MONACO are eyeing up a summer swoop for Tottenham star Serge Aurier, according to reports. The right-back, 27, has been resurgent under Jose Mourinho having been frozen out under Mauricio Pochettin…
- 07/02/2020
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Coronavirus update: 183 more test positive in Nashik; two patients die
- Maharashtra's Nashik district registered two more coronavirus deaths, taking the toll to 240 on Wednesday, while 183 more persons tested positive, pushing up the count to 4,453, officials said.
- 07/02/2020
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National Media Club President Sachin Awasthi bags the prestigious Global Humanitarian Award in London
- He has been awarded the ‘Top Publicist’ honour and he is one of just 100 awardees belonging to 35 different countries and 7 continents.
- 07/01/2020
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In letter to PMO, Gadkari accuses Tukaram Mundhe of ‘grabbing position’ of Smart City agency CEO
- Gadkari shot off the letter on Sunday, marking a copy to Union Minister of State for Urban Development Hardeep Singh Puri.
- 06/30/2020
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Tesla and the science behind the next-generation, lower-cost, 'million-mile' electric-car battery
- Elon Musk is often referred to as the real-life Tony Stark, aka Iron Man, and in the new quest to engineer an electric vehicle battery that lasts up to 1 million miles, iron may play the role of hero.
- 06/30/2020
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Steem Trading Down 4.4% Over Last 7 Days (STEEM)
- Steem (CURRENCY:STEEM) traded 1.7% higher against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on June 30th. Steem has a market cap of $74.45 million and approximately $1.87 million worth of Steem was traded on exchanges in the last day. One Steem coin can now be purchased for approximately $0.20 or […]
- 06/30/2020
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Perella Weinberg to advise on NMC's fertility unit sale -sources
- The administrators of hospital operator NMC Health have selected Perella Weinberg Partners to advise on the sale of its international fertility business, two sources familiar with the matter said on Monday.
- 06/30/2020
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UPDATE 1-Perella Weinberg to advise on NMC's fertility unit sale -sources
- The administrators of hospital operator NMC Health have selected Perella Weinberg Partners to advise on the sale of its international fertility business, two sources familiar with the matter said on Monday.
- 06/30/2020
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Perella Weinberg to advise on NMC's fertility unit sale -sources
- The administrators of hospital operator NMC Health have selected Perella Weinberg Partners to advise on the sale of its international fertility business, two sources familiar with the matter said on Monday.
- 06/30/2020
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XPeng Expands Its EV Lineup With New P7
- The XPeng P7 may be the competitive electric car Elon Musk has been asking for. It is the longest range electric car available from any Chinese manufacturer, including Tesla.
- 06/30/2020
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project44 erlebt im Jahr 2020 ein Wachstum von 139 %
- project44®, das weltweit führende Unternehmen von Advanced Visibility für Verlader und Logistikdienstleister, gab heute bekannt, dass es ein rekordver
- 06/30/2020
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ATBCoin (ATB) One Day Volume Hits $39,413.00
- ATBCoin (CURRENCY:ATB) traded down 1.7% against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on June 29th. ATBCoin has a market capitalization of $53,852.18 and approximately $39,413.00 worth of ATBCoin was traded on exchanges in the last 24 hours. Over the last week, ATBCoin has traded down 16.4% against the dollar. […]
- 06/29/2020
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Zetacoin Price Tops $0.0004 on Top Exchanges (ZET)
- Zetacoin (CURRENCY:ZET) traded 4.6% lower against the dollar during the 1 day period ending at 12:00 PM ET on June 29th. One Zetacoin coin can now be bought for about $0.0004 or 0.00000005 BTC on cryptocurrency exchanges. During the last week, Zetacoin has traded down 6.9% against the dollar. Zetacoin has a market capitalization of […]
- 06/29/2020
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Crown 24 Hour Trading Volume Reaches $2,886.00 (CRW)
- Crown (CURRENCY:CRW) traded 5.1% lower against the U.S. dollar during the 1-day period ending at 11:00 AM E.T. on June 29th. During the last week, Crown has traded 10% lower against the U.S. dollar. One Crown coin can currently be purchased for about $0.0583 or 0.00000641 BTC on major cryptocurrency exchanges including Bittrex, CoinExchange, YoBit […]
- 06/29/2020
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PRIZM (PZM) Price Tops $0.0150 on Major Exchanges
- PRIZM (CURRENCY:PZM) traded 0.4% higher against the dollar during the 24-hour period ending at 9:00 AM Eastern on June 29th. PRIZM has a total market capitalization of $26.00 million and approximately $327,682.00 worth of PRIZM was traded on exchanges in the last 24 hours. One PRIZM coin can currently be bought for $0.0150 or 0.00000165 […]
- 06/29/2020
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PIXEL (PXL) Market Cap Reaches $456,593.25
- PIXEL (CURRENCY:PXL) traded up 2.7% against the US dollar during the one day period ending at 8:00 AM Eastern on June 29th. Over the last week, PIXEL has traded down 11.2% against the US dollar. One PIXEL token can now be bought for about $0.0123 or 0.00000135 BTC on popular exchanges including Coinone and IDAX. […]
- 06/29/2020
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Nurse struck off after long list of blunders at care home
- She offered one patient a cup of tea as they were losing consciousness
- 06/29/2020
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Ings scores twice to keep Hornets in deep trouble at the bottom
- DANNY INGS left Nigel Pearson with a massive hangover. Unlike three of his stars, Watford boss Pearson was in no mood to party after Ings’ double sealed the points for Saints. Defeat left the haple…
- 06/28/2020
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Maverick Capital Ltd. Invests $561,000 in Cleveland-Cliffs Inc (NYSE:CLF)
- Maverick Capital Ltd. bought a new position in Cleveland-Cliffs Inc (NYSE:CLF) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 142,121 shares of the mining company’s stock, valued at approximately $561,000. Several other large investors have also recently bought and sold shares of the […]
- 06/27/2020
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Thirty years of hurt? Tell Sunderland that | Brief letters
- Brief letters: Liverpool’s Premier League triumph | Chlorinated chicken | Dominic Cummings | Michael Rosen | Bras
- 06/26/2020
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Cadence Minerals iron ore demand is at the front and centre of global stimulus policy - DirectorsTalk
- Cadence Minerals plc (LON:KDNC) has announced its final results for the year ended 31 December 2019. A copy of the full results will be made available on the Company’s website from today at https://www.cadenceminerals.com/ CHAIRMAN’S STATEMENT For the year ended 31 December 2019 First and foremost our thoughts are with families and friends, shareholders and ...
- 06/26/2020
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Wirecard Adds to Roster of Short Sellers’ Victories in Europe - BNN Bloomberg
- The unraveling of German payments firm Wirecard AG just months after the downfall of hospital operator NMC Health Plc has left short sellers betting against European stocks feeling vindicated.
- 06/26/2020
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COVID-19: 7 more die in Nashik district, 220 new cases found
- As many as 557 new coronavirus suspects were admitted to various hospitals in the district, the release added. In all, 1,554 patients are receiving treatment in various hospitals in the district at present, it added..
- 06/25/2020
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Meet five Armed Forces veterans taking the fight to Covid-19
- Before his role as an emergency medicine consultant at Royal Stoke University Hospital, North Midlands, Dr Richard Fawcett conducted three tours of Afghanistan. His military experience and qualifications have helped his team develop a robust response to the Covid-19 crisis. “I was the only doctor there for about 300 people, which was quite an eye-opening experience,” recalls Fawcett, above, with regards to his first stint in Afghanistan in 2007 as part of the Army Reserves.
- 06/25/2020
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Abu Dhabi KBBO Set to Hire PwC, Trussbridge to Restructure Debt - BNN Bloomberg
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Balyasny Asset Management LLC Decreases Stock Position in Cleveland-Cliffs Inc (NYSE:CLF)
- Balyasny Asset Management LLC lowered its stake in Cleveland-Cliffs Inc (NYSE:CLF) by 91.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,711 shares of the mining company’s stock after selling 928,567 shares during the quarter. Balyasny Asset Management LLC’s holdings […]
- 06/25/2020
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Zacks: Brokerages Anticipate Cleveland-Cliffs Inc (NYSE:CLF) Will Post Earnings of -$0.35 Per Share
- Equities research analysts expect Cleveland-Cliffs Inc (NYSE:CLF) to report earnings per share of ($0.35) for the current quarter, Zacks reports. Three analysts have made estimates for Cleveland-Cliffs’ earnings. The highest EPS estimate is ($0.06) and the lowest is ($0.52). Cleveland-Cliffs reported earnings of $0.63 per share in the same quarter last year, which indicates a […]
- 06/25/2020
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6 Lithium-ion Battery Types | INN
- There is more than just one kind of lithium-ion battery.
- 06/25/2020
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NMC Health’s international fertility business may likely be put up for sale
- The administrators of hospital operator NMC Health are weighing the sale of the company’s
- 06/24/2020
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Drivers film terrifying footage of a twister heading towards them
- The giant column of wind struck the suburbs of Xilinhot city in north-eastern China's Inner Mongolia on Wednesday afternoon, according to the country's weather authority.
- 06/24/2020
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NMC administrators consider sale of international fertility business: sources
- The administrators of hospital operator NMC Health are weighing the sale of the company's international fertility business, which could be worth more that $500 million, sources familiar with the matter said on Wednesday.
- 06/24/2020
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NMC administrators consider sale of international fertility business: sources
- The administrators of hospital operator NMC Health are weighing the sale of the company's international fertility business, which could be worth more that $500 million, sources familiar with the matter said on Wednesday.
- 06/24/2020
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Conic Metals : Releases Ramu Q1 2020 Operating Costs, Issues Audited Financial Statements and Announces Results of Annual Meeting | MarketScreener
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RPT-COLUMN-Tesla's reluctant commitment to cobalt a warning to others: Andy Home
- The unpredictable Elon Musk strikes again.
- 06/24/2020
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Wirecard’s scandal shows the benefits of short-sellers
- The markets need more sceptics
- 06/24/2020
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Upset by remark, Nagpur civic chief back at general body meet
- The civic chief refused to return even after a request from the mayor. After Shiv Sena corporators Mangla Gawre and Nitin Sathavne raised objections to the way Mundhe was functioning as civic chief, Congress corporator Sanjay Mahakalkar wanted to table a no-confidence motion which was rejected by Joshi who then adjourned the civic house till Tuesday.
- 06/23/2020
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Nagpur: Three days after he walked out of NMC meet, Mundhe attends second part of it with corporators
- Municipal Commissioner Tukaram Mundhe, who had left the opening day of the meeting on Saturday mid-way after a verbal duel with senior BJP corporator Dayashankar Tiwari and Congress corporator Harish Gwalbanshi, attended the meeting's second leg on Tuesday.
- 06/23/2020
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Are short-sellers retail investors' worst enemy or best friend?
- The Wirecard scandal has become the latest chapter in a long story of corporate calamities where serious problems have emerged in the books of large listed firms.
- 06/23/2020
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Column: Tesla's reluctant commitment to cobalt a warning to others
- The unpredictable Elon Musk strikes again.
- 06/23/2020
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Tesla’s reluctant commitment to cobalt a warning to others
- Its deal with Glencore has strategic significance for the global battery raw materials supply chain
- 06/23/2020
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Column: Tesla's reluctant commitment to cobalt a warning to others - Andy Home
- The unpredictable Elon Musk strikes again.
- 06/23/2020
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Automotive Interior Materials Market Size Worth USD 66.38 Billion by 2026; Increasing Adoption of E-vehicles to Bolster Growth, Says Fortune Business Insights™
- The global automotive interior materials market size is expected to gain momentum owing the increasing demand for lightweight materials in automotive and rising
- 06/23/2020
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Conic Releases Ramu Q1 2020 Operating Costs, Issues Audited Financial Statements and Announces Results of Annual Meeting | | IT Business Net
- TORONTO--(BUSINESS WIRE)--Conic Metals Corp. ("Conic" or the "Company") (TSXV:NKL) is pleased to provide operating costs for the quarter ending March 31, 2020 of the Company's
- 06/23/2020
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Conic Releases Ramu Q1 2020 Operating Costs, Issues Audited Financial Statements and Announces Results of Annual Meeting
- TORONTO — Conic Metals Corp. (“Conic” or the “Company”) (TSXV:NKL) is pleased to provide operating costs for the quarter ending March 31, 2020 of the Company’s l…
- 06/22/2020
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The new face at the FCA needs to keep politicians at arms length | Nils Pratley
- With Brexit looming, the last thing the City wants is a regulator with Treasury sympathies
- 06/22/2020
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Nagpur Mayor Sandip Joshi Seeks FIR Against Municipal Commissioner for 'Forgery'
- Nagpur Mayor Sandip Joshi said civic officials committed forgery by granting Rs 18 crore to two Smart City project contractors from fixed deposits of the government.
- 06/22/2020
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Nagpur mayor seeks FIR against civic chief for 'forgery'
- "Municipal Commissioner Mundhe and others misused their posts to commit irregularities inSmart and Sustainable City Development Corporation Limited (SSCDCL). "Hence, Iand Leader of House in NMC, Sandip Jadhav, have lodged a police complaint seeking registration of a criminal offence against these two administrative officers (Mundhe and Thakur)," said Joshi.
- 06/22/2020
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Conic Releases Ramu Q1 2020 Operating Costs, Issues Audited Financial Statements and Announces Results of Annual Meeting
- Conic Metals Corp. (“Conic” or the “Company”) (TSXV:NKL) is pleased to provide operating costs for the quarter ending March 31, 2020 of the Company’s
- 06/22/2020
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COVID-19: Nashik's count rises to 2,766; death toll now 165
- The number of COVID-19 cases in Nashik district of Maharashra went up to 2,766 on Sunday as 131 people tested positive for the infection, while the death toll reached 165 with seven more fatalities, officials said.
- 06/21/2020
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The Retiree's Dividend Portfolio - Jane's May Update: Following The Gameplan
- Jane's retirement accounts generated a total of $1,217.93 of dividend income for May 2020 vs. $1,149.58 of dividend income for May of 2019. Jane's Traditional I
- 06/21/2020
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Nagpur Municipal Corporation Commissioner Tukaram Mundhe, corporators cross swords again
- The meeting had become controversial after Tukaram Mundhe had initially allowed it and later "withdrawn permission". It was subsequently allowed by the state government after Mundhe had sought its opinion. Accordingly, the meeting began on Saturday with question hour.
- 06/20/2020
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Kelly Cates: 'When the players took a knee it was breathtaking'
- The Sky Sports presenter tells Donald McRae about the Premier League’s return, her anger at the government’s attitude towards football and teachers, and the trauma of Hillsborough
- 06/20/2020
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The Global Cathode Materials Market is expected to grow from USD 16,800.44 Million in 2019 to USD 23,266.78 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 5.57%
- Market Segmentation & Coverage: This research report categorizes the Cathode Materials to forecast the revenues and analyze the trends in each of the following sub-markets:
- 06/20/2020
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Maharashtra: Govt gives NMC corporators permission to hold meeting
- Granting permission for the meeting, the state government stated in a letter, "Such meetings have been held by observing necessary corona-related precautions like social distancing as per state government directives dated April 3."
- 06/19/2020
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Canada Pension Plan Investment Board Invests $70,000 in Cleveland-Cliffs Inc (NYSE:CLF)
- Canada Pension Plan Investment Board acquired a new stake in Cleveland-Cliffs Inc (NYSE:CLF) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 17,824 shares of the mining company’s stock, valued at approximately $70,000. Several other hedge funds and other institutional investors […]
- 06/19/2020
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Aster DM Healthcare Limited : annual earnings release | MarketScreener
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Student nurses working in pandemic have contracts terminated early
- The London Economic | The contracts were originally meant to last until September 20 but many will be terminated at the end of July.| News
- 06/18/2020
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Global Lithium Ion Battery Market Assessment 2013-2024 with Profiles of Leading Players BYD, Duracell, EnerSys, GS Yuasa, Johnson Controls, LG Chem, and Panasonic - ResearchAndMarkets.com
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Fans troll Sky Sports' fake FIFA crowd noise after goal celebration sound is made for save in Aston Villa vs Sheff Utd
- SKY SPORTS’ fake crowd noise got a mixed reception from fans tuning into the Premier League restart. One said the fake atmosphere played through TV speakers was worse than the ear-splitting v…
- 06/17/2020
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Row as student nurses are told coronavirus placements due to end in July
- Student nurses were told paid placements would largely finish on July 31 - prompting a row as many believed theirs would go on for longer. The government today insisted some third-years will continue getting paid beyond July to complete their hours
- 06/17/2020
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Abu Dhabi Commercial Bank : NMC Scandal And Its Corporate Governance | MarketScreener
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NMC chief, corporators clash again over permission for general body meeting
- Addressing the media on Tuesday, BJP leader and Mayor Sandeep Joshi said corporators across party lines were firm on holding the meeting, by following social distancing and other regulations.
- 06/16/2020
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Nano One Engages Jett Capital as Strategic Advisor | MarketScreener
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Cadence Minerals Amapá project continues to hit its operation targets - DirectorsTalk
- Cadence Minerals plc (LON:KDNC) has announced that DEV Mineração S.A, owner of the Amapá iron ore project continues to hit its operation targets, with the movement of the stockpile to the public port scheduled commence this month and shipping to occur in early Q3 2020. The shipment of the stockpile was approved by the commercial ...
- 06/16/2020
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Cosmetic corner – master marketing, now is the time! – Dentistry Online
- With the government saying facial aesthetic clinics can reopen in July, now is the time to maximise your marketing, Nafisa Mughal says.
- 06/15/2020
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Here are 40 jobs you can apply for in Stoke-on-Trent right now
- Looking for a new job? Then let us help....
- 06/15/2020
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Egypt to resume international flights next month
- CAIRO: Egypt plans to resume flights next month with countries that have opened their airports. Civil Aviation Minister Mohamed Manar said Sunday that all airports wold reopen on July 1. The decision is “an important step for the aviation sector to be accompanied with the sanitization operations for all the country’s airports and airplanes,” he said. Egypt said Thursday that foreign tourists would be allowed to return to coastal resorts like Sharm El-Sheikh in July.
- 06/14/2020
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Mum who beat breast cancer named 'Midwife of the Year'
- Jenny O'Neill was nominated for the award by her colleagues at Whiston Hospital
- 06/14/2020
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INTERVIEW: AlixPartners’ Matthew Wilde thinks big changes in Mideast landscape inevitable in coronavirus pandemic
- DUBAI: At the beginning of my Zoom interview with Matthew Wilde I made the observation that people in his profession — the restructuring specialists whose job it is to rescue companies in distress — were a bit like journalists because “bad news is good news.”
- 06/13/2020
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Polish mine closures stir unease
- WARSAW: A spike in reported coronavirus cases in Poland’s coal mines has put the country on edge but residents worried about jobs are playing down the health crisis. The issue is particularly sensitive ahead of a hard-fought presidential election on June 28 in Poland, where miners are still a powerful voting bloc. Dominik Kolorz, head of the Solidarity trade union for the Silesian coal basin, said he was concerned the increase in virus cases could serve as a pretext for the definitive closure of some mines.
- 06/13/2020
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Lawmakers label British Airways ‘national disgrace’ over jobs
- LONDON: British Airways was labelled a “national disgrace” by UK law-makers for its treatment of employees on Saturday, adding to pressure on the airline as it juggles job cuts and new quarantine rules. Britain’s Transport Select Committee said that BA and its parent company IAG were trying to take advantage of the coronavirus crisis to cut 12,000 jobs and downgrade the terms and conditions of other employees.
- 06/13/2020
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AstraZeneca wins coronavirus vaccine deal to supply Europe
- LONDON: British drugmaker AstraZeneca said on Saturday it signed a contract with Italy, Germany, France and the Netherlands to supply Europe with a vaccine against the coronavirus, with deliveries starting by the end of 2020. The contract is for up to 400 million doses of the vaccine, developed by the University of Oxford, the company said, adding that it was looking to expand manufacturing of the vaccine, which it pledged to provide for no profit during the pandemic.
- 06/13/2020
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Turkish Airlines to resume flights to China, US
- DUBAI: Turkish Airlines will resume flights to China, South Korea and coronavirus-hard hit United States this month, the airline announced, after the pandemic shuttered international travel in March. The airline’s chief executive Bilal Eksi said three flights a week to Chicago and Washington D.C. will be operated starting June 19 and to Los Angeles on June 24. The airline also announced it will start a weekly flight to Shanghai from June 19 and two weekly flights each to Hong Kong and Seoul from June 24, local daily Hurriyet reported.
- 06/13/2020
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Hertz allowed to sell $1 billion in shares despite bankruptcy
- WASHINGTON: Coronavirus-hit car rental company Hertz was granted permission Friday to sell $1 billion in shares, an extraordinary move after it declared bankruptcy in the United States and Canada. The unusual green light was given by a bankruptcy court in the US state of Delaware, which “held a hearing and approved the Motion,” according to documents filed by Hertz with the Securities and Exchange Commission (SEC). The company says it will sell the shares at its discretion in terms of timing and volume.
- 06/13/2020
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The death of Matthew Leahy: 'Eight years on and my son has not had justice'
- The investigation into the death of Matthew Leahy while in NHS care has been reopened.
- 06/13/2020
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Hello Kitty gets new boss after 60 years
- TOKYO: The founder of the firm behind Hello Kitty is stepping down aged 92 and handing the reins to his 31-year-old grandson — the first change in leadership in the company’s six-decade history. Tokyo-based Sanrio, which created the pink-bowed character in 1974, announced on Friday that Shintaro Tsuji would retire as president and pass the torch to Tomokuni, who is senior managing director.
- 06/13/2020
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EU states back spending up to $2.7 billion upfront on COVID-19 vaccines
- BRUSSELS: The European Commission received a mandate from EU governments on Friday to negotiate advance purchases of promising coronavirus vaccines, the EU’s top health official said, but it is unclear whether there is enough money available.
- 06/13/2020
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Turkey must win trust ‘to secure foreign funds’, says says former economy czar
- ANKARA: Turkey must restore its economic credibility if it hopes to secure needed foreign funding and return to growth, said President Tayyip Erdogan’s former economy czar who recently broke away and founded his own party. Ali Babacan, a 53-year-old former deputy prime minister, resigned from Erdogan’s AK Party last July over “deep differences” about the direction of the party he helped to found. In March he formed the Deva (Remedy) Party.
- 06/12/2020
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Japan’s $94bn pandemic reserve sparks ire as Abe’s ‘pocket money’
- TOKYO: A $94 billion emergency fund that can be tapped without parliamentary oversight has been branded Japanese Prime Minister Shinzo Abe’s “pocket money” by opposition lawmakers alarmed at its unprecedented size. Abe has said the 10 trillion yen ($94 billion) will allow the government to move swiftly to mitigate the impact of the coronavirus outbreak — a “once in a century crisis” which has devastated the economy. “We’ll report to parliament how we spend the money as needed and at the appropriate time,” Abe told parliament on Friday.
- 06/12/2020
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Netflix in talks to source local Indian content from Reliance affiliate Viacom18
- NEW DELHI: US video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries’ media unit Network18, about a multi-year partnership to obtain content, three sources told Reuters, in a move that would expand a relationship between the two sides. Under the partnership, Network18 affiliates — which include its joint venture with ViacomCBS, Viacom18 — would create shows for Netflix to help the US firm expand offerings in India, where it competes against the video streaming services of Amazon.com and Walt Disney.
- 06/12/2020
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Saudi Arabia will ‘come out on top’ in oil markets, JP Morgan predicts
- DUBAI: Saudi Arabia’s strategy in the oil market has won a vote of confidence from the American investment bank JP Morgan, which predicts the Kingdom will “come out on top” in the global energy business.
- 06/12/2020
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Luxury food industry turns sour amid virus lockdowns
- SINGAPORE: Global demand for premium foods such as wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic.
- 06/12/2020
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