Business News - The Last 24 Hours

The Future of Work: Dr. Sanjay Gupta's coronavirus podcast for June 3
CNN - 23 min 18 sec ago
As workplaces around the country are reopening, some employees have big questions. CNN Chief Medical Correspondent Dr. Sanjay Gupta is joined by CNN Business Senior Writer Kathryn Vasel to discuss what to expect when you head back to work.

CNBC - WHO says coronavirus has not meaningfully mutated to a more lethal or contagious form - 47 min 47 sec ago

BBC - Coronavirus: Can superspreading be stopped? - 1 hour 12 min ago

NDTV - Anti-Malaria Drug Hydroxychloroquine's Coronavirus Trials To Resume: WHO - 2 hours 24 min ago

CNN - Sweden defends not locking down over coronavirus, but admits failing to protect the elderly - 3 hours 40 min ago

Deutsche Welle - Coronavirus: Hope in the science of 'superspreaders' - 4 hours 36 min ago

Reuters - Will Americans still travel abroad? Only with cast-iron coronavirus cover - 4 hours 59 min ago

FOX Business - Express Inc. loss widens during coronavirus pandemic - 7 hours 3 min ago

Associated Press - Polls start closing as voters navigate protests, coronavirus - UpperMichigansSource.com - 19 hours 24 sec ago

COMMENTARY:

BusinessInsider - The WHO is reopening its study of hydroxychloroquine for coronavirus treatment — but whether the drug works is still in question - 51 min 49 sec ago

Indiatimes - Sweden should have done more against coronavirus but broad strategy right: Chief epidemiologist - 2 hours 42 min ago

Financial Post - Brazil to start testing Oxford vaccine against the coronavirus this month - 2 hours 45 min ago

New York Post - Campbell Soup sales surge on coronavirus stockpiling, but stock dives - 3 hours 18 min ago

The Independent - Coronavirus: Five-month-old Brazilian 'miracle' baby recovers after spending 32 days in coma - 3 hours 22 min ago

Washington Post - Big Oil could end up even bigger by the end of the coronavirus pandemic - 6 hours 43 min ago

Euronews - Is coronavirus pushing us towards a cashless society? - 6 hours 45 min ago

Sydney Morning Herald - Dead man may be first Australian coronavirus fatality in Bali - 7 hours 35 min ago

The Guardian - How to solve the UK's transport problem in the time of coronavirus – video - 7 hours 38 min ago

AllAfrica - Swaziland: Swaziland Coronavirus Tests Halted As Technicians Demand Protective Equipment - 10 hours 5 min ago

The Hindu - Zoom Video's revenue, profit skyrocket amid coronavirus pandemic - 12 hours 2 min ago

The Straits Times - South Korea announces $40b third stimulus budget to fight coronavirus misery - 17 hours 26 min ago

New York Times - Major Employers Left Out of Government’s Coronavirus Relief Plan - 22 hours 38 min ago

Wall Street surges on signs of economic rebound
Reuters - 29 min 13 sec ago
Wall Street jumped in a broad rally on Wednesday, closing ground on all-time highs as signs of recovery from mandated economic shutdowns helped investors look beyond ongoing social unrest and pandemic woes.

RELATED:

Bloomberg - Quant Fight 2020: Inside Wall Street’s Big Argument on Value - Bloomberg - 3 hours 58 min ago

Reuters - Wall Street opens higher on recovery optimism - 5 hours 5 min ago

CNBC - Stocks futures flat as Wall Street monitors economy reopening amid civil unrest - 20 hours 17 min ago

COMMENTARY:

Toronto Star - Asian shares rise as Wall Street gains for 3rd straight day - 11 hours 51 min ago

BusinessInsider - Gun sales are surging amid protests across the United States, and one Wall Street analyst says Joe Biden's polling lead could accelerate them even more - 22 hours 5 min ago

The Straits Times - Wall Street closes up on signs of economic rebound - 22 hours 6 min ago

Financial Post - Wall Street closes up on signs of economic rebound - 22 hours 22 min ago

Pilgrim's Pride CEO and other chicken industry executives indicted for price fixing
CNBC - 29 min 43 sec ago
Pilgrim's Pride CEO Jayson Penn is among four current and former chicken industry executives indicted for price fixing.

FOX Business - Pilgrim's Pride CEO, 3 other chicken industry executives indicted for price fixing - 1 hour 41 min ago

Reuters - Apple must face U.S. shareholder lawsuit over CEO's iPhone, China comments - 3 hours 46 min ago

CNN - Black Southwest flight attendant's emotional conversation with white airline CEO - 22 hours 59 min ago

Bloomberg - Franklin CEO Says Facts Behind Amy Cooper Firing Were 'Undisputed' - Bloomberg - 23 hours 17 min ago

COMMENTARY:

ZeroHedge - Pilgrim's Pride CEO, Three Other Executives Indicted For Price Fixing; Poultry Stocks Plunge - 1 hour 38 min ago

Financial Post - Media Alert: ESG Event for Board Directors Featuring CEO of Bank of America and Founder of World Economic Forum Explores Measurement of Stakeholder Capitalism - 2 hours 57 min ago

BusinessInsider - A billionaire tech investor is calling out Apple CEO Tim Cook for not speaking up publicly about the company's values amid protests over George Floyd's death (AAPL) - 19 hours 14 min ago

Oil hovers below $40 as doubts emerge over next step on OPEC cuts
Reuters - 37 min 41 sec ago
Oil pulled back slightly on Wednesday after briefly jumping above $40 a barrel, the highest since March, retreating as doubts emerged about the timing and scale of a potential extension to the pact between OPEC and its allies to cut crude supplies.

RELATED:

Reuters - Oil falls from $40 as doubts emerge over next step on OPEC cuts - 4 hours 21 min ago

Bloomberg - Some OPEC Nations Are Accused of Cheating on Output Quotas - Bloomberg - 5 hours 3 min ago

COMMENTARY:

Financial Post - OPEC+ Cheats Get Ultimatum That Puts Cuts Extension in Doubt - 4 hours 54 min ago

AllAfrica - Nigeria: Economy Loses Over U.S.$414 Million to OPEC Production Cut - 12 hours 42 min ago

Snap removes Trump account from curated promotional section
Reuters - 38 min 27 sec ago
Snap Inc said it would no longer promote U.S. President Donald Trump's account in Snapchat's Discover section, saying his inflammatory comments last week made the account ineligible for the curated section where users explore new content.

CNBC - Snap will no longer promote Trump posts within Snapchat - 1 hour 15 min ago

NDTV - Snapchat Stops Boosting Trump Posts, Says He Incites "Racial Violence" - 1 hour 20 min ago

CNN - Snapchat to stop promoting Trump after controversial posts - 1 hour 39 min ago

Reuters - Trump administration to bar Chinese passenger carriers from flying to U.S. - 2 hours 52 min ago

Deutsche Welle - Trump's 'antifa' accusations spark debate in Germany, the movement's birthplace - 3 hours 49 min ago

Associated Press - Live updates: Trump says Republicans will pull convention from Charlotte; U.S. coronavirus cases pass 1.8 million - The Washington Post - 12 hours 22 min ago

SCMP - Amid US protests, Pentagon officials on edge over military leaders’ dealings with Trump - 12 hours 39 min ago

COMMENTARY:

Financial Post - Snap removes Trump account from curated promotional section - 45 min 36 sec ago

TechCrunch - Snapchat no longer promoting Trump’s posts - 53 min 9 sec ago

BusinessInsider - Snapchat will stop promoting Trump's account in Discover: 'We will not amplify voices who incite racial violence and injustice' (SNAP) - 1 hour 4 min ago

ZeroHedge - Snapchat Will No Longer Promote Trump's Account For Inciting 'Racial Violence And Injustice' - 1 hour 30 min ago

New York Times - Snapchat Stopped Promoting Trump Account - 1 hour 46 min ago

The Independent - Trump says he went to White House bunker for an 'inspection' amid George Floyd protests outside - 2 hours 4 min ago

Indiatimes - Trump administration set to bar Chinese passenger carriers from flying to U.S., say sources - 3 hours 42 min ago

Toronto Star - Trump looks elsewhere after GOP convention spat with NC gov - 4 hours 1 min ago

Sydney Morning Herald - Trump administration 'to bar Chinese passenger carriers from flying to US' - 4 hours 15 min ago

New York Post - Tech advocacy group sues Trump over social media executive order - 5 hours 27 sec ago

Washington Post - Snap says it is no longer promoting Trump’s account, adding to a social media backlash against the president - 13 hours 1 min ago

Walmart removes firearms from sales floor in some stores as protests continue across U.S.
CNBC - 43 min ago
The retailer's CEO Doug McMillon said Wednesday that some of its stores have been looted and damaged.

COMMENTARY:

BusinessInsider - Walmart removes firearms and ammunition from the sales floor of some stores amid protests (WMT) - 3 hours 58 min ago

Google CEO says company will hold moment of silence on Wednesday for George Floyd
CNBC - 1 hour 25 min ago
Sundar Pichai told employees to take nearly 9 minutes of silence to honor black lives lost.

NDTV - Twitter Names Ex Google Official Patrick Pichette As Chairman - 15 hours 32 min ago

BBC - Google in $5bn lawsuit for tracking in 'private' mode - 16 hours 7 min ago

Reuters - Twitter names ex Google CFO Pichette as chair, Kordestani to stay on - 19 hours 3 min ago

CNBC - Twitter names ex-Google CFO Patrick Pichette as new board chairman - 21 hours 46 min ago

COMMENTARY:

BusinessInsider - Google CEO Sundar Pichai called for a companywide moment of silence to recognize George Floyd: 'Our Black community is hurting, and many of us are searching for ways to stand up for what we believe' (GOOG) - 1 hour 1 min ago

New York Post - Google tracks users in ‘incognito’ mode, $5 billion suit claims - 5 hours 4 min ago

TechCrunch - Google pulls ‘Remove China Apps’ from Play Store - 17 hours 37 min ago

Financial Post - Google faces $5 bln lawsuit in U.S. for tracking ‘private’ internet use - 18 hours 24 min ago

Wall Street rises on Boeing, economic recovery hopes
Reuters - 1 hour 29 min ago
A jump in Boeing shares led Wall Street higher on Wednesday, with investors hopeful of a rebound from a coronavirus-led economic slump amid continuing social unrest in the country.

Reuters - Wall Street gains on Boeing boost, recovery hopes - 2 hours 24 min ago

COMMENTARY:

Financial Post - Wall Street gains on Boeing, recovery hopes - 3 hours 58 min ago

ZeroHedge - Boeing Jumps After Third Point Lists Company Among Top MTD Winners - 5 hours 59 min ago

The Guardian - Tui and Boeing agree deal on 737 Max payout and delivery delays - 7 hours 19 min ago

HSBC breaks silence and backs national security law for Hong Kong after former city leader takes aim at banking giant
SCMP - 1 hour 38 min ago
HSBC has broken its silence and offered its support for the national security law that Beijing is drafting for Hong Kong, days after a former city chief who is now a state leader attacked the banking giant for not making its stance on the legislation clear.It posted an article on HSBC China’s WeChat account on Wednesday, with the headline saying the group’s Asia-Pacific CEO had signed a petition supporting the new law.The article noted that the Hong Kong Association of Banks had already issu ...

Deutsche Welle - The end of freedom of expression in Hong Kong - 3 hours 56 min ago

NDTV - China Warns Britain Interfering In Hong Kong Will "Backfire" - 6 hours 51 min ago

CNN - US companies are 'concerned' about Hong Kong but they're not planning to exit just yet - 9 hours 48 min ago

CNBC - More than half the U.S. firms in Hong Kong are 'very concerned' about the new security law, survey shows - 13 hours 41 min ago

BBC - UK to change immigration rules for Hong Kong citizens if China passes law - 17 hours 39 min ago

COMMENTARY:

Financial Post - HSBC and StanChart back China security law for Hong Kong - 1 hour 3 min ago

ZeroHedge - China Furious After UK Considers Offering Citizenship To 3 Million Hong Kong Residents - 3 hours 3 min ago

BusinessInsider - A Danish man who has visited almost every country in the world without flying has been stranded in Hong Kong for 4 months. He gave us a look inside a day in his life right now. - 3 hours 29 min ago

New York Times - China May Sacrifice Hong Kong to Achieve its Goals - 4 hours 30 min ago

Wall Street Journal - 3 Million Hong Kong Residents Could Be Offered U.K. Citizenship Amid China Standoff - 5 hours 55 min ago

Indiatimes - Some global firms consider moving treasury operations out of Hong Kong: Sources - 8 hours 12 min ago

Toronto Star - UK’s Johnson pledges to let in Hong Kong citizens if needed - 14 hours 40 min ago

The Straits Times - Hong Kong's loss may not necessarily be Singapore's gain - 21 hours 42 min ago

Sydney Morning Herald - UK may ask Australia to give residency to fleeing British Hong Kong residents - 23 hours 11 min ago

There's a 'huge disconnect' between the stock market and economy. Here's why
CNBC - 1 hour 56 min ago
The stock market has rallied 38% from its recent bottom in March, even as unemployment soars and near-term economic forecasts remain bleak.

RELATED:

CNN - America is in turmoil and stocks are booming. Is the market broken? - 7 hours 53 min ago

Bloomberg - Negative Rate Benefits Seen Limited for Singapore’s Stock Market - Yahoo Canada Finance - 17 hours 51 min ago

CNBC - China and Europe 'bailed our stock market out,' Jim Cramer says - 19 hours 54 min ago

FOX Business - Goldman Sachs tapers call for stock-market drop - 23 hours 2 min ago

COMMENTARY:

Financial Post - Financial sector leads gains for S&P/TSX composite, U.S. stocks also climb - 4 hours 57 min ago

The Straits Times - Negative rate benefits seen limited for Singapore's stock market - 17 hours 47 min ago

New York Times - Live Stock Market Tracker and Updates - 19 hours 8 min ago

ZeroHedge - Dead Cops, Looted Shops, Cities Burning, Buy Stocks! - 22 hours 42 min ago

George Floyd protests: how Hong Kong anti-government unrest and United States rage over police brutality compare
SCMP - 1 hour 59 min ago
Massive protests have swept the United States in scenes bearing striking similarities to the height of the anti-government unrest in Hong Kong last year.The demonstrations in the US coincided with President Donald Trump last week announcing his administration would start removing the special policy exemptions granted to Hong Kong, following its determination the city was “no longer autonomous” from mainland China.Violence and looting subside as George Floyd protesters defy curfewsThe move is ...

CNN - 'Now is the time': Emotional John Boyega addresses protesters at London Black Lives Matter rally - 3 hours 40 min ago

NDTV - US Protests Defy Curfews As Trump Faces Backlash For Violent Crackdown - 12 hours 39 min ago

BBC - The man who sheltered 80 US protesters - 18 hours 46 min ago

Associated Press - Powerful image shows protesters in Paris kneeling as chaos breaks out - Yahoo News Australia - 19 hours 50 min ago

COMMENTARY:

Toronto Star - Washington curfew doesn’t stop protesters who continue to gather near the White House - 47 min 13 sec ago

BusinessInsider - NYPD cancels officers' regular days off amid George Floyd protests - 1 hour 42 min ago

ZeroHedge - "Craziest Shit I've Seen" - NYPD Uses "Undercover" Taxi Cab To Arrest Protesters - 2 hours 37 min ago

Vox - The disturbing history of tear gas as the weapon of choice against protesters - 5 hours 52 min ago

Washington Post - America is awash in cameras, a double-edged sword for protesters and police - 7 hours 41 min ago

Indiatimes - Sporadic violence flares in latest U.S. protests over Floyd death - 10 hours 12 min ago

Sydney Morning Herald - George W. Bush calls out racial injustices, celebrates protesters - 19 hours 7 min ago

The Independent - Nirvana bassist Krist Novoselic praises Trump speech that threatened to use military against protesters - 19 hours 59 min ago

Euronews - France: Police use tear gas against racial injustice protesters as Floyd outrage goes global - 21 hours 25 min ago

New York Times - Australia Wants Answers After Police Attack Reporters in U.S. Protests - 23 hours 38 min ago

Coronavirus cases rise in US south and west as crowded protests spark worries
CNN - 2 hours 4 min ago
Coronavirus cases continued to spread in parts of the American south and west in the past week as experts warn that packed protests could exacerbate the pandemic.

SCMP - Coronavirus, China-US trade war spark surge of Taiwanese investments onshore - 20 hours 12 min ago

COMMENTARY:

BusinessInsider - THE STATE OF VIRTUAL CARE IN THE US: The coronavirus is pushing telehealth into the mainstream — here's how traditional healthcare players are using it to retain business now and where the market is headed - 5 hours 7 min ago

The Independent - Vape company used coronavirus to market to teens, say US representatives - 6 hours 48 min ago

The Guardian - The pandemic exposes US childcare for what it is: ‘a crisis within a crisis’ - 7 hours 42 min ago

The Straits Times - Coronavirus expected to shave $22 trillion from US economy over 10 years - 21 hours 42 min ago

Sydney Morning Herald - CDC reports total of 1.8 million coronavirus cases in the US - 22 hours 6 min ago

Coronavirus: Are protests legal amid lockdown?
BBC - 2 hours 7 min ago
Black Lives Matter protests continue in the UK - but are they illegal under restrictions on gatherings?

Reuters - Global shares, euro climb on robust risk appetite as lockdowns ease - 3 hours 23 sec ago

BBC - Coronavirus: How lockdown is being lifted across Europe - 6 hours 47 min ago

COMMENTARY:

ZeroHedge - Architect Of Sweden's 'No Lockdown' Strategy Admits Mistakes As Mortality Rate Soars - 57 min 49 sec ago

The Hindu - Mobile trading surges during lockdown - 1 hour 47 min ago

Financial Post - Shares, euro climb on robust risk appetite as lockdowns ease - 3 hours 2 min ago

Wall Street Journal - Scientist Behind Sweden's No-Lockdown Policy Says It Wasn't Strict Enough - 3 hours 43 min ago

The Guardian - Which UK shops are reopening and when as Covid-19 lockdown eases? - 4 hours 30 min ago

Indiatimes - Lockdown, Day 71: You win some, you lose some - 4 hours 42 min ago

BusinessInsider - The architect of Sweden's no-lockdown plan suggested the strategy was a mistake based on what we now know about the coronavirus - 5 hours 21 min ago

Euronews - Lockdown loneliness is going to have a worse long-term impact on teenagers’ mental health ǀ View - 9 hours 1 min ago

AllAfrica - South Africa: COVID-19 - Bank Accused of Freezing Asylum Seekers' Accounts During Lockdown - 9 hours 38 min ago

The Independent - Coronavirus: Sweden admits it would have done more to lockdown 'if we knew what we know today' - 12 hours 20 min ago

Facebook has a new way to delete all your old posts, likes and more — here's how
CNBC - 2 hours 17 min ago
Facebook is rolling out a new "Activity Log" that lets you bulk delete old posts, likes and comments on other people's pages. Here's how to use it.

NDTV - Mark Zuckerberg Faces Facebook Staff's Angry Questions Over Trump Post - 14 hours 24 sec ago

Bloomberg - Facebook, PayPal Back Gojek’s Asia Digital Payments Push - Bloomberg - 14 hours 42 min ago

CNN - Facebook shuts down far-right group planning to bring weapons to protests - 15 hours 28 min ago

CNBC - Facebook invests in Indonesia's ride-hailing firm Gojek but doesn't reveal its stake - 15 hours 48 min ago

Reuters - After Facebook staff walkout, Zuckerberg defends no action on Trump posts - 22 hours 40 min ago

COMMENTARY:

Washington Post - The Technology 202: Facebook’s stance on Trump’s posts could hurt its efforts to recruit employees of color - 5 hours 12 min ago

BusinessInsider - The fire Zuck started won't stop at Facebook - 6 hours 6 min ago

New York Post - Facebook suspends white nationalist accounts over protest threats - 6 hours 21 min ago

The Guardian - Facebook and Microsoft muscle in on Zoom video-call boom - 7 hours 27 min ago

The Hindu - Facebook, Saregama announce global licensing deal - 13 hours 11 min ago

The Straits Times - Facebook invests in Indonesia's Gojek in WhatsApp push - 17 hours 10 min ago

TechCrunch - Facebook and PayPal invest in Southeast Asian ride-hailing giant GoJek - 17 hours 25 min ago

Financial Post - After Facebook staff walkout, Zuckerberg defends no action on Trump posts - 21 hours 40 min ago

The Independent - Facebook engineer quits job and says Zuckerberg lied about disallowing speech that incites violence - 22 hours 20 min ago

Amazon's best sellers list is dominated almost entirely by books on race right now
CNN - 2 hours 27 min ago
Advocates say that one of the most important ways to be an ally to marginalized people is to educate yourself on the systems that oppress them and your role in sustaining them.

CNBC - This YouTube product reviewer made nearly $40,000 in April from sending viewers to buy products on Amazon - 3 hours 42 min ago

BBC - Amazon to make its Premier League games free when season restarts - 7 hours 51 min ago

FOX Business - Amazon plans event to jump-start summer sales - 16 hours 34 min ago

COMMENTARY:

Washington Post - Amazon Will Take Robot Cars to a Whole New Level - 2 hours 29 min ago

BusinessInsider - A video shows looters throwing rocks and raiding an Amazon delivery van during George Floyd protests in Los Angeles - 7 hours 1 min ago

The Hindu - Amazon to expand packaging-free shipping to 100 cities - 9 hours 28 min ago

France says latest US trade threats over digital tax a 'contradiction'
FOX Business - 2 hours 35 min ago
French Finance Minister Bruno Le Maire criticized U.S. threats of trade sanctions over digital service taxes, which he said clashed with its calls for G7 unity on other issues.

CNN - Trump is pushing to eliminate payroll taxes. It could doom Social Security - 5 hours 7 min ago

Bloomberg - INSIGHT: Puerto Rico Source Income as an Opportunity to Generate Tax Efficiencies - Bloomberg Tax - 11 hours 38 min ago

COMMENTARY:

Financial Post - France says latest U.S. trade threats over digital tax a ‘contradiction’ - 4 hours 52 min ago

The Hindu - Minimum guarantee paid by film distributor is not royalty, says Income Tax Appellate Tribunal - 7 hours 3 min ago

Washington Post - Globalization’s Winners Are Prime Pandemic Tax Targets - 8 hours 24 min ago

Indiatimes - US to investigate digital services tax by several countries including India: Official - 13 hours 12 min ago

ZeroHedge - The Property Tax Assessment Nationwide RICO Scam - 19 hours 17 min ago

Why are India and Nepal clashing over disputed Himalayan territory?
Deutsche Welle - 2 hours 44 min ago
With the publication of a new political map, Nepal has toughened its stance on a row over a stretch of disputed land that lies at a strategic three-way junction with China and India. Delhi accuses Beijing of interfering.

RELATED:

Bloomberg - India Approves Ordinance To Allow Farmers To Freely Sell Produce - BloombergQuint - 3 hours 59 min ago

Deutsche Welle - India: Cyclone Nisarga nears Mumbai amid rising coronavirus cases - 9 hours 31 min ago

SCMP - PLA holds high altitude exercise as China-India border tensions continue - 14 hours 57 min ago

COMMENTARY:

Indiatimes - View: Ease regulations to make India a drone hub - 42 min 47 sec ago

The Hindu - Job postings in India halved towards May end: Indeed - 1 hour 9 min ago

The Independent - Pregnant elephant killed by firecracker hidden in pineapple in India - 6 hours 6 min ago

Wall Street Journal - India's Coronavirus Cases Top 200,000 After Its Biggest Daily Jump - 9 hours 33 min ago

Sydney Morning Herald - 'First in a century': cyclone Nysarga bears down on India's financial capital Mumbai - 10 hours 17 min ago

Financial Post - Facebook signs licensing deal with century-old Indian music label - 12 hours 41 min ago

Trump administration bars Chinese airlines from flying to U.S.
FOX Business - 3 hours 27 min ago
The move penalizes China after Beijing failed to comply with an existing agreement on flights between the world's two largest economies.

NDTV - US To Suspend Flights By Chinese Airlines From June 16 - 3 hours 54 min ago

CNN - US to block Chinese airlines from flying into the US - 4 hours 14 min ago

Reuters - Airlines cut fares to help boost May traffic: IATA - 5 hours 24 min ago

COMMENTARY:

New York Times - Trump Administration to Block Chinese Airlines From Flying to the U.S. - 59 min 43 sec ago

The Guardian - Trump administration to bar Chinese airlines from flying to US - 3 hours 6 min ago

The Independent - Trump administration to block Chinese passenger airlines from traveling to US - 3 hours 46 min ago

Toronto Star - Trump administration moves to block Chinese airlines from US - 3 hours 54 min ago

BusinessInsider - The US plans to ban Chinese passenger airlines, retaliating as China hinders US airlines from resuming flights to its country - 4 hours 24 min ago

Global Times - European airlines operate at 50% lower capacity than last year - 6 hours 43 min ago

AllAfrica - Nigeria: Govt Gives Airlines Conditions for Flight Resumption - 7 hours 54 min ago

Trump launches defensive Twitter spree as America grieves
CNN - 3 hours 35 min ago
As the nation reels from social, economic and health crises, President Donald Trump began his Wednesday with a Twitter spree defending himself, attacking his critics and suggesting he's done more for black Americans than any president, with the "possible exception" of Abraham Lincoln.

RELATED:

FOX Business - Twitter explains labeling policy after Top Dems' tweets go unchecked - 5 hours 3 min ago

CNN - Twitter says it labels tweets to provide 'context, not fact-checking' - 9 hours 57 min ago

Reuters - Twitter names Patrick Pichette as chair of board - 21 hours 57 min ago

COMMENTARY:

BusinessInsider - Twitter says it's not tackling all misinformation on the app, only that with 'the highest potential for harm' - 8 hours 7 min ago

Toronto Star - White supremacist group posing as Antifa called for violence online, Twitter says - 20 hours 33 min ago

SoftBank launches $100 mln fund investing in 'people of colour'
Reuters - 3 hours 41 min ago
SoftBank Group Corp is launching a $100 million fund to invest in "companies led by founders and entrepreneurs of colour", in the latest corporate action as protests roil the United States.

Reuters - SoftBank launches $100 million fund investing in 'people of color' - 6 hours 52 min ago

COMMENTARY:

New York Post - SoftBank to invest $100M in companies led by people of color - 2 hours 32 min ago

BusinessInsider - SoftBank commits $100 million to invest in companies led by black Americans and people of color: 'We need to do better' - 3 hours 50 min ago

TechCrunch - SoftBank launches $100M+ Opportunity Growth Fund to invest in founders of color - 5 hours 41 min ago

Boris Johnson says George Floyd’s death ‘inexcusable’ as UK police appalled by US violence
SCMP - 4 hours 8 min ago
British Prime Minister Boris Johnson on Wednesday condemned the killing of George Floyd by police in the US but declined to say whether he had spoken about the issue with key ally Donald Trump.“I think what happened in the United States was appalling, inexcusable,” Johnson told lawmakers in parliament, in his first public comment on the case.“We all saw it on our screens and I perfectly understand people’s right to protest what took place,” he added.“Obviously I also believe that pro ...

SCMP - Beijing hits back after Boris Johnson promises to relax British visa rules for Hongkongers - 8 hours 27 min ago

CNN - Boris Johnson promises UK will provide Hong Kongers path to citizenship after national security fears - 13 hours 42 min ago

COMMENTARY:

The Independent - George Floyd protests: Boris Johnson questioned in parliament over arms and riot gear exports to US - 2 hours 2 min ago

BusinessInsider - China warns the UK to 'step back from the brink' after Boris Johnson offers 3 million Hong Kong citizens refuge in Britain - 5 hours 41 min ago

Financial Post - Britain will not walk away from Hong Kong, Johnson says - 9 hours 33 min ago

Indiatimes - UK's Boris Johnson pledges to let in Hong Kong citizens if needed - 11 hours 12 min ago

Saudi, Russia agree oil cuts extension, raise pressure for compliance
Reuters - 4 hours 53 min ago
OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month while raising pressure on countries with poor compliance to deepen their cuts, OPEC+ sources told Reuters.

RELATED:

Reuters - Saudi, Russia reach deal on oil cuts, raising pressure for compliance - 6 hours 15 min ago

COMMENTARY:

Financial Post - Saudi, Russia reach deal on oil cuts, raising pressure for compliance - 6 hours 23 min ago

'The Covid-19 recession is over,' says economist Zandi as May job losses not as bad as feared
CNBC - 4 hours 54 min ago
Finding good news in the loss of another three million jobs isn't easy, but the steep drop in private payrolls for May could be a sign that the worst over.

CNN - Australia suffers first recession in 29 years - 8 hours 40 min ago

Bloomberg - Australia Economy Is in Recession, Treasurer Frydenberg Says - Bloomberg - 11 hours 23 min ago

SCMP - Australian economy heads for first recession in 29 years after coronavirus caused GDP to drop 0.3 per cent last quarter - 14 hours 6 min ago

COMMENTARY:

BusinessInsider - Australia is officially in its first recession in 29 years. The feeble state of its economy is undeniable. - 5 hours 24 min ago

Washington Post - ‘I don’t even know how the dominoes fell’: Gripped by recession, some businesses evolve — but struggle to see a path to full recovery - 5 hours 45 min ago

Toronto Star - Pandemic brings 1st Australian recession in 29 years - 8 hours 37 min ago

Indiatimes - Australia heading for recession after economy contracts - 11 hours 12 min ago

The Guardian - Yes, Australia is in a recession – but worse is yet to come | Greg Jericho - 12 hours 32 min ago

Financial Post - Australia’s economy is in recession, Treasurer says after Q1 GDP contracts - 15 hours 20 min ago

Russia carries out first Syria airstrikes in three months
Deutsche Welle - 5 hours 12 min ago
The strikes were carried out on Idlib province on Tuesday and Wednesday, the Syrian Observatory for Human Rights said. They were the first strikes to be conducted by Russian forces since the signing of a truce in March.

RELATED:

CNN - Rosenstein will face off with Senate GOP over Russia probe - 7 hours 42 min ago

SCMP - Russia’s Vladimir Putin endorses policy allowing nuclear retaliation against conventional attack - 21 hours 18 min ago

COMMENTARY:

Russia Today - It’s all about Putin: Trump says Russia will ‘get things done’ if back in the G7 - 1 hour 22 min ago

Indiatimes - Donald Trump says it's 'common sense' to include Russia in G7 - 1 hour 42 min ago

BusinessInsider - Here's the route of US Navy P-8A patrol plane that was 'unsafely' intercepted by Russian fighters off Syria - 4 hours 25 min ago

Toronto Star - Syrian activists report Russian airstrikes on Idlib province - 9 hours 18 min ago

Sydney Morning Herald - EU balks at adding Russia back into G7 - 21 hours 4 min ago

Singapore-China ‘travel bubble’ to open with swab tests, contact tracing and strict itineraries
SCMP - 5 hours 45 min ago
Within weeks, businesspeople and officials will be able to travel between Singapore and six Chinese regions having to serve lengthy quarantines – so long as they submit to coronavirus swab tests before departure and on arrival, stick to itineraries they have submitted to authorities and use the host country’s contact tracing app.Travellers will also need to have a sponsor – either a company or the host country’s government – and gain approval from authorities for a “SafeTravel Pass� ...

RELATED:

SCMP - Coronavirus: another Chinese city starts mass Covid-19 tests - 6 hours 56 sec ago

Reuters - China drives global oil demand recovery out of coronavirus collapse - 11 hours 2 min ago

Associated Press - China withheld data on coronavirus from WHO, recordings reveal - The Guardian - 23 hours 55 min ago

COMMENTARY:

Financial Post - U.S. soybeans sold to unknown buyers, analysts point to China - 3 hours 19 sec ago

BusinessInsider - China's first home-grown aircraft carrier is at sea for the first time since it joined the fleet - 3 hours 7 min ago

New York Times - U.S. Plans to Block Chinese Flights: Live Business Updates - 3 hours 52 min ago

Indiatimes - China rejects report that it delayed COVID-19 information sharing with WHO - 9 hours 12 min ago

AllAfrica - Africa: China-Africa Blanket Debt Forgiveness Not in the Cards - 9 hours 57 min ago

ZeroHedge - Gordon Chang On China: What We Must Do, & What We Must Not Do - 14 hours 37 min ago

Sydney Morning Herald - China delayed release of coronavirus genome findings to WHO - 18 hours 17 min ago

Turkey’s Hedge Funds Are Latest Casualties of Currency Clampdown - Yahoo Canada Finance
Bloomberg - 7 hours 30 min ago
Turkey’s Hedge Funds Are Latest Casualties of Currency Clampdown Yahoo Canada Finance

COMMENTARY:

Financial Post - Billionaire Hintze’s CQS Hedge Fund Rocked by Pandemic Losses - 14 hours 18 min ago

Britain's biggest car plant may not survive Brexit
CNN - 7 hours 52 min ago
Britain's biggest car plant has so far weathered the coronavirus pandemic and a major corporate restructuring. But it may not survive Brexit.

COMMENTARY:

The Guardian - Single market holds key to unlocking Brexit impasse | Larry Elliott - 2 hours 27 min ago

Financial Post - Bank of England tells banks to step up no-deal Brexit plans – Sky - 9 hours 20 min ago

Nissan warns UK plant 'unsustainable' without EU trade deal -BBC
Reuters - 9 hours 1 min ago
Nissan's car manufacturing plant in Sunderland, northern England, which employs 7,000, is "unsustainable" if Britain leaves the European Union without a trade deal, it said on Wednesday.

RELATED:

BBC - Nissan: UK factory still under threat from no-deal Brexit - 19 hours 41 min ago

COMMENTARY:

The Guardian - Nissan's Sunderland plant at risk if UK leaves EU without deal - 11 hours 9 sec ago

Exclusive: Huawei hid business operation in Iran after Reuters reported links to CFO
Reuters - 9 hours 29 min ago
China's Huawei Technologies acted to cover up its relationship with a firm that had tried to sell prohibited U.S. computer gear to Iran, after Reuters in 2013 reported deep links between the firm and the telecom-equipment giant's chief financial officer, newly obtained internal Huawei documents show.

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Reuters - U.S. senator Cotton cautions Britain over Huawei cooperation - 10 hours 37 min ago

SCMP - US lawmaker warns Washington may shift Air Force assets away from Britain over Huawei national security concerns - 22 hours 50 min ago

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Financial Post - Ericsson shares boosted after 5G contract win in Canada, beating Huawei - 7 hours 34 min ago

The Guardian - US senator: Huawei 5G is like Soviets building west's submarines - 21 hours 47 min ago

Global Times - Huawei hiring global genius youth amid US chip ban - 23 hours 18 sec ago

Oil prices hit 3-month highs on expectations OPEC+ will extend deepest-ever production cuts
CNBC - 10 hours 32 min ago
In April, OPEC+ agreed to cut oil production by a record 9.7 million barrels per day (b/d), approximately 10% of global output.

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Reuters - Oil up more than 3% ahead of OPEC+ meeting and on easing lockdowns - 23 hours 12 min ago

COMMENTARY:

Financial Post - OPEC+ keen to keep U.S. shale in check as oil prices rally - 3 hours 44 min ago

ZeroHedge - Oil Tumbles After OPEC+ Meeting In Doubt Due To "Quota Cheating" - 7 hours 5 min ago

BusinessInsider - Oil climbs above $40 for the first time in 3 months on hopes of extended production cuts - 8 hours 49 min ago

AllAfrica - Nigeria: 2020 Budget - Senate Pegs Oil Price Benchmark At $28 Per Barrel - 12 hours 31 min ago