News
Ashtead's First-quarter Profit Slumps 35% On Coronavirus Impact
Equipment rental giant Ashtead Group Plc reported a 35% slump in firstquarter profit on Tuesday, as the construction sector came under severe pressure due to the COVID19 pandemic.
Belarus Activist Resists Authorities' Push To Leave Country
A leading opposition activist in Belarus was held on the border Tuesday after she resisted authorities' attempt to force her to leave the country.
ByteDance To Hand Out Cash Bonuses To Staff Amid U.S. Pressure On TikTok
TikTok owner ByteDance said on Tuesday it would hand out cash bonuses to employees working to help it "overcome challenges posed by the COVID19 pandemic and changing macro environment".
Oil Prices Fall As Fuel Demand Concerns Grow After End Of U.S. Summer Driving Season
Oil prices fell on Tuesday amid concerns that a possible rise in COVID19 cases following the U.S. Labor Day long weekend, which also marks the end of the peak U.S. driving season, could squeeze demand for fuel.
Gold Eases On Firmer Dollar; Recovery Worries Limit Losses
Gold prices slipped on Tuesday, weighed down by a stronger U.S. dollar, but the safehaven metal's decline was limited by growing fears over the global economic recovery from the coronavirus crisis.
Bolivian Court Denies Former Leader Morales' Bid To Be Senate Candidate
A Bolivian court on Monday rejected a legal appeal by former president Evo Morales, deeming him ineligible to run for a Senate position in an October election rerun of a voided vote late last year.
Egypt Tries Plasma Treatment to Fight Pandemic After Trump Touts it as Temporary Cure
Things got worse for the family when his elderly father was also infected, making Egypt's blistering hot summer months a hellish period of fretting over his recovery from a loud, dry cough and constant fevers.
Australian Media Firms Pull Journalists From China Over Security Worries
Two of Australia's leading foreign correspondents in China have rushed home for their own safety after they were questioned separately by China's Ministry of State security, the Australian Broadcasting Corporation (ABC) reported on Tuesday.
Global Marets: Shares Stabilise, Try To Shrug Off U.S. Tech Rout Scare
Asian shares and U.S. stock futures regained some footing on Tuesday following a small bounce in European markets as investors looked to whether highflying U.S. tech shares could recover from their recent rout.
China Unveils Global Data Security Initiative, Says Some Countries Bullying Others
China announced an initiative on Tuesday to establish global standards on data security, saying it wanted to promote multilateralism in the area at a time when "individual countries" were "bullying" others and "hunting" companies.
Japan's Economy Shrinks 28% In 2Q, Worse Than 1st Estimate
Japans economy shrank at a record, even worse rate in the AprilJune quarter than initially estimated.
Trump Supporters Meet For Vehicle Rally Outside Portland
Hundreds of people gathered Monday afternoon in a small town south of Portland for a proDonald Trump vehicle rally just over a week after member of a far right group was fatally shot after a Trump caravan went through Oregon's largest city.
RBI Broadly Accepts Kamath Panel Recommendations; Specifies Parameters for Loan Restructuring
The circular issued by the Reserve Bank for resolution of the stressed assets on Monday is based on the recommendations of the K V Kamath committee, which submitted its report on September 4.
Police Arrest 15 More After Overnight Protests In Portland
Police arrested another 15 people in Portland after protests were held overnight on Sunday near a police precinct as the Oregon city has crossed 100 days of demonstrations that have at times turned violent.
From Target To Twitter, U.S. Companies Urge Workers To Vote
From Georgia to Wisconsin to Ohio earlier this year, voters in primary elections were stuck for hours in lines from sharply reduced polling locations. And the surge in absentee ballots due to concerns over the coronavirus pandemic overwhelmed election off...
RBI Outlines Guidelines On Debt Resolution For Stressed Sectors
A committee set up by the Reserve Bank of India (RBI) to make recommendations on restructuring loans for the Indian banking sector has submitted its report and it has been broadly accepted, the RBI said.