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Gold's shine

Gold’s Shine Was Starting to Blind India

By Andy Mukherjee | Bloomberg, Even if it proves to be a blip, this week’s volatility in gold may have its uses. For one thing, Tuesday’s steepest single-day price decline in seven years should make bankers in India wary of storing up future trouble by writing risky subprime loans against the country’s most-loved commodity. Gold has a strong emotive appeal to Indians,…

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billionaire Cable

Cable Billionaire John Malone Attempts a Classic Swiss Heist

By Alex Webb | Bloomberg, When negotiating with U.S. cable billionaire John Malone, your team can ill afford to have a weak link. Unfortunately for Sunrise Communications Group AG, its biggest shareholder is just that. Malone’s Liberty Global Plc announced a 110 Swiss franc-per-share deal on Wednesday that values the Zurich-based mobile carrier at 6.8 billion…

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Order Trump

The Law Trump Can Use to Order More Ventilators

When it comes to asserting the powers of his office, President Donald Trump is no shrinking violet. In the response to the coronavirus, however, Trump’s critics say he could do more with a law at his disposal that can speed up production of items needed by hospitals and health care professionals. Trump has used the…

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electronic meeting

ELECTRONIC MEETING NOTICE – Zoning Board of Appeals – August 13, 2020

The Zoning Board of Appeals will hold a meeting on Thursday, August 13, 2020 at 7:00 p.m. During this meeting a public hearing will be held to discuss 1705 Lay Boulevard.  Daniel Edlund is requesting a use variance from Chapter 4, Section 4.1, to utilize this residential structure as a duplex due to the floor…

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Delhi Uncategorized

Delhi Decoded: How to make Delhi more startup friendly?

NEW DELHI: Delhi chief minister Arvind Kejriwal held a meeting last week with a panel of industry leaders, young entrepreneurs to kickstart the consultation process for Delhi’s new policy for startups. The idea was to discuss ways to develop Delhi as a leading choice for startups. According to a report by TiE from September 2019…

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Korea North

North Korea nuclear reactor site threatened by recent flooding, U.S. think-tank says

SEOUL (Reuters) – Satellite imagery suggests recent flooding in North Korea may have damaged pump houses connected to the country’s main nuclear facility, a U.S.-based think-tank said on Thursday. A view of the Yongbyon Nuclear Scientific Research Center shows flooding along the bank of the Kuryong River in Yongbyon, North Korea, August 6, 2020. Picture…

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Pilipinas shell

Pilipinas Shell to shut Tabangao refinery as pandemic slashes margins

MANILA (Reuters) – The Philippine unit of Royal Dutch Shell said on Tuesday it will permanently shut one of the country’s two oil refineries, blaming a pandemic-led slump in margins, with other regional closures likely to follow, according to analysts. FILE PHOTO: Residents transport commuters and soda bottles on tricycles past a Shell petrol station…

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backfoot Dollar

Dollar on backfoot as hopes fade for U.S. stimulus deal

TOKYO (Reuters) – The dollar fell against most of its peers on Thursday amid fading hopes for a compromise between Republicans and Democrats over additional stimulus for the U.S. economy. FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado RuvicThe Australian dollar rose after better-than-expected jobs data eased concerns…

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backfoot FOREX-Dollar

FOREX-Dollar on backfoot as hopes fade for U.S. stimulation deal

TOKYO (Reuters) – The dollar fell against most of its peers on Thursday amid fading hopes for a compromise between Republicans and Democrats over additional stimulus for the U.S. economy. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick WilkingThe…

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scrambles Zealand

New Zealand scrambles to follow cluster, reporting 14 brand new virus instances

WELLINGTON (Reuters) – New Zealand was scrambling to trace the source of its first coronavirus outbreak in more than three months, reporting 13 new community infections on Thursday, after Prime Minister Jacinda Ardern had sought to eradicate the virus with a hard lockdown. FILE PHOTO: New Zealand Prime Minister Jacinda Ardern speaks during a joint…