DUBAI (Reuters) – Saudi Aramco will delay the release of its crude official selling prices (OSP) for May until April 10 to wait for the outcome of a meeting between OPEC and its allies regarding possible output cuts, a senior Saudi source familiar with the matter said on Sunday. “It is an unprecedented measure that […]
How Covid-19 has made data experts the new-age social media influencers
Until three weeks ago, Divya Vinekar had not heard of Norbert Elekes, a self-proclaimed “data storyteller”, who has been tweeting Covid-19 statistics round the clock to over 180,000 followers for the last month or so. “Suddenly his tweets started showing up on my timeline,” says the 31-year-old theatre artist from Mumbai, implying that a lot […]
AICPA-led coalition supports gross pay approach as calculation standard for PPP loans
An AICPA-led small business funding coalition, in conjunction with the National Payroll Reporting Consortium, issued a statement supporting the use of gross payroll based on 2019 data in calculations for Paycheck Protection Program (PPP) pandemic relief loan applications. Applications opened Friday for the PPP, which was funded by the $2 trillion Coronavirus Aid, Relief, and […]
Trump says Navy captain letter asking for help on coronavirus-stricken ship ‘was terrible’
Captain Brett Crozier addresses the crew for the first time as commanding officer of the aircraft carrier USS Theodore Roosevelt during a change of command ceremony on the ship’s flight deck in San Diego, California, U.S. November 1, 2019. U.S. Navy | Mass Communication Specialist 3rd Class Sean Lynch | Reuters A since-fired Navy captain’s plea […]
Zomato raises $5M from Baillie Gifford affiliate fund, valuation hits $3.25B
Online food delivery and restaurant recommendation platform Zomato has raised close to $5 million (Rs 38.20 crore) from Pacific Horizon Investment Trust, a fund managed by British investment manager Baillie Gifford. According to documents filed by Zomato with the Registrar of Companies, and accessed by business intelligence platform Tofler, the Gurugram-headquartered company has allotted 1,177 […]
IMF praises Ukraine’s decisions on land reform, banking law
KIEV (Reuters) – The International Monetary Fund welcomes the Ukraine’s initial parliament’s adoption of legislation to strengthen the bank resolution framework and looks forward to its final approval, IMF Resident Representative in Ukraine said on Saturday. Last week Ukraine took some steps to qualify for an $8 billion loan deal from the IMF. Parliament voted […]
Amazon to delay Prime Day sales event due to coronavirus
Amazon is postponing its major summer shopping event Prime Day until at least August and expects a potential $100-million hit from excess devices it may now have to sell at a discount, according to internal meeting notes seen by Reuters. Amazon declined to comment. Prime Day, a marketing event Amazon started in 2015 to drum […]
How to close SBI Fixed Deposit Online?
Making a fixed deposit in SBI is one of the safe investment option compared to mutual funds and shares. If you have invested in a fixed deposit at SBI this post if for you. In this post, I will share information about how to close SBI Fixed deposit online? It is advisable to close fixed […]
Tesla is dismissing contractors from its California and Nevada factories, sources say
Tesla Chief Executive Office Elon Musk speaks at his company’s factory in Fremont, California. Noah Berger | Reuters Tesla is letting go of contractors from its U.S. car and battery plants, according to three workers and correspondence shared with CNBC. The company is cutting contractors from its workforce, both in its vehicle factory in Fremont, […]
E-commerce firms tie up with retailers and e-grocers to help in last mile delivery
Illustration: Rahul Awasthi Several food delivery services, cab and bike taxi aggregators, and non-essential ecommerce firms are joining hands with retail chains and online grocers to supply groceries to consumers stuck at home because of the lockdown. Uber, Domino’s Pizza, Rapido, Zypp, Swiggy, Zomato and Scootsy have all ventured into grocery delivery in partnerships with […]