Money

Dorsey pledges $1 billion of Square stake for relief

MORE NEWS THIS CATEGORIES

Starbucks : stops customers using own cups in bid to contain coronavirus

According to the letter , the company has also increased cleaning and sanitizing to help prevent "the spread of all germs ". The firm, which said on Thursd...

Fear of Corona virus, Facebook closes London and Singapore offices

Facebook informed its workers that the office would close until March 9, ordering them to telecommute until then. Facebook said on Friday it is closing its...

Coronavirus worries hammer USA stocks - again

Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) finished down 1.9% at 8,575.62. The S&P 500 index fell 51.57 points, or 1.7%, to 2,972.37. Th...

HSBC London employee tests positive, sparks partial evacuation

German Regulators have also reportedly been watching how prepared banks and other institutions are. The London-based bank said such trips are only permitted "if...

US added 273,000 jobs in February, smashing expectations

The Labor Department also reported Friday that the unemployment rate ticked down to a 50-year low of 3.5% from 3.6% the month before. Financial markets view t...

Lebanon freezes assets of 20 banks

Lebanon has a massive debt of $87 billion which stands at more than 150% per cent of the country's GDP, making it one of the highest in the world. The central...

The Goods and Services Deficit Decreased in January

That compared with a 14pc drop tipped by a Reuters poll of analysts and a 7.9pc gain in December. Imports declined 0.5%, and on a year-over-year basis decreased...

Olive Garden: Manager no longer working at company after alleged racial incident

Olive Garden hostess Amira Donahue and an unidentified server both claim that they were targeted with racial discrimination on Saturday when a white woman ask...

Washington-Based Microsoft Employees Test Positive For COVID-19

It is stated that both employees reside in the Puget Sound district in Washington state. The tech giant has also recommended that those who are feeling sick, ...

USA job growth in February was far above predictions

At the same time, the unemployment rate ticked up slightly to a still low 5.6 per cent in the month, from 5.5 per cent in January. "In the first few months ...

Dow Jones falls 970 points, extending wild trading week

The S&P 500 lost 2.82% to lose 87.14 points and end up at 3,003.09 while the NASDAQ was down 268.08 or 2.99% at 8,684.09. The yield on the 10-year Treasury wo...

Opec recommends drastic 1.5 million barrel output cut to allies

The Brent North Sea crude, dived to $47.02 per barrel, the lowest levels since July 2017. Russian Federation and other non-member countries have been working ...

Dow opens 2.5% lower, resuming downward slide on virus fears

The U.S. death toll from the outbreak rose to 11 on Thursday and California reported the first fatality outside Washington state, a day after lawmakers approv...

Virus could cost airlines $113 bn revenue in 2020: IATA

The plunge in traffic at Canada's Pacific gateway follows a year in which demand for flights to Asia was already under pressure because of tensions in Canada-Ch...

Elizabeth Warren drops Democratic presidential bid

Sanders and Warren have been competing for a similar pool of voters. "I think I'm a certain way, Bernie would be tougher because he's got a base". "I thought...

India places troubled lender Yes Bank under moratorium, takes over from board

The Reserve Bank on Thursday imposed a moratorium on the capital-starved Yes Bank and capped withdrawals at ₹50,000 per account for the next one month. A market...

Twitter founder cancels SXSW appearance in Austin because of coronavirus

South by Southwest, which began in 1987, is a massive annual event in Austin, Texas, which includes a conference and multiple festivals that focus on music, tec...

Health Starbucks temporarily bans reusable mugs to help contain coronavirus

You'll have to take your beverage in one of the regular cups. Other measures Starbucks is taking includes increasing the number of cleanings at its company-op...

Toyota adds 1.1M vehicles to U.S. fuel pump recall

Overall, more than 1.8 million cars, trucks, crossovers, and SUVs are part of a voluntary recall regarding fuel pumps that might stop working. On January 13, ...

Coronavirus prevention: How to properly apply hand sanitizer

A check of store shelves around the Syracuse area by The Post-Standard | syracuse.com on Monday morning found that while soap, including anti-bacterial soap, is...

Ex-Google engineer must pay US$179M over Uber defection

The damages stemmed from an arbitration case between Google and Levandowski . Levandowski, who left Google in January 2016, was one of the company's founders...

Elizabeth Warren Ends Her Democratic Presidential Bid

Warren never finished higher than third in the first four states and was routed on Super Tuesday, failing to win any of the 14 states voting and placing an emba...

Freeland chairs cabinet committee on 'whole-of-country' response to coronavirus

Now, the federal government has a new group dedicated exclusively to the virus. The risk of community transmission of the virus and it's accompanying lower re...

Coronavirus kills United States markets, Australia follows

The reason was clear: the US Federal reserve had just announced the biggest one-time rate cut since the dark days of 2008 global financial meltdown. "Nobody c...

US stocks gain on stimulus hopes, Joe Biden's surprise

U.S. stocks plunged again Thursday as coronavirus fears once again gripped global markets, continuing a roller-coaster week on Wall Street. Investors see th...

Oil producing countries eye production cuts

Oil cartel Opec is understood to have agreed a production cut of 1.5 million barrels per day (bpd) to shore up crude prices in the face of coronavirus , a...

Stock and Crypto Trading App Robinhood Faces Major System Outage

In all, markets gained $1.1 trillion in value while Robinhood users were forced to sit on the sidelines. Unfortunately, an all-day system-wide outage left Rob...

Carney warns of 'large' economic shock from coronavirus

Incoming Bank of England Governor Andrew Bailey said the central bank will work hand-in-hand with the Treasury to help the economy withstand the fallout from ...

Supreme Court strikes down RBI banking ban on cryptocurrency

On April 6, 2018, the RBI had virtually banned the cryptocurrency trade in India. The Internet and Mobile Association of India (IAMAI), whose members includ...

Czech PMI increased in February but there's a catch

These include whether early signs China may have contained the worst of the outbreak prove true, how much stimulus Beijing unleashes to revive the economy, and ...

Amazon: Amazon has banned 1 million products

The online retailer is in the process of taking action - which includes suspending or banning accounts - against sellers that violate their Seller Code of Condu...

Twitter tells staff to work from home

Christie stated, "Our goal is to reduce the possibility of the corona virus (COVID-19) spreading to us and the surrounding world". In a statement, the tech gi...

PSA unveils a mini electric Citroen vehicle

The Ami essentially looks the same from the front as it does from the back, an nearly ideal cube. Its " Ami " automobile is a tiny, electrical two-seater that...

Italians in India test positive for coronavirus

The Ministry of Health stated , "One positive case of COVID-19 has been detected in New Delhi , and one has been detected in Telangana". Confirming the new c...

Politics Briefing: Bank of Canada cuts rate on coronavirus fears

The cut marks a reversal for governor Stephen Poloz, whose prolonged resistance to lowering borrowing costs left the country with the highest policy rate among ...