Money

Plunging Wall Street stocks end record bull run

Among the movements on the NZX, Auckland International Airport fell by 71c or 9.9 per cent to $6.45, while F&P Healthcare dropped by $2.07 or 8.5 per cent to $2...


Facebook is being sued by Australian information watchdog over data breach

We contemplate the design of the Fb platform meant that customers have been unable to train affordable alternative and management about how their private info w...


Coronavirus Australia: All Carnival's Princess Cruises cancelled

The Diamond Princess quarantine in Japan, begun with the best of intentions, went badly wrong with a final tally of 705 coronavirus cases, and just as Princes...


Uber may temporarily suspend drivers exposed to the coronavirus

To qualify for compensation, drivers will need to be requested by a public health professional to self-isolate, removed from the app at the advice of a public h...


Amazon has two-pronged response to Seattle coronavirus outbreak

Outside the relief fund, Amazon is offering employees diagnosed with COVID-19 or under quarantine an additional two weeks of paid time off. "This includes rec...


Trump suspends travel to the USA from Europe over COVID-19

Vice President Pence said Thursday there are 13 such airports and added that those travelers who return to the USA from the European Union will be asked to ...


Google tells North American employees to work from home

You can find out more information about Google's plans for their employees to work from home over at their website at the link below. In the wake of Google's ...


Coronavirus: Boris Govt Throws Travel Ban Exception Back in Trump’s Face

Mr Johnson said families would continue to "lose loved ones before their time" as the coronavirus outbreak worsens. The UK's Chief Scientific Officer, Sir P...


Google advises all employees to work from home due to coronavirus

Guidance for offices in Asia varies by site and region, though precedes the move to ask North American employees to work from home, Google tells The Verge. Ra...


European stocks bounce at open after massive losses

And Donald Trump said his administration would be meeting lawmakers to discuss economic relief measures to mitigate the impact of the disease as it spreads th...


Britain fires with both barrels: emergency rate cut and budget boost

Federal Reserve. The interest cut comes as part of a wider package of measures unveiled by Mark Carney , in his final week as governor of the Bank of England...


Most Employers Not Hiring in Second Quarter of 2020: ManpowerGroup

However, ManpowerGroup notes the three-week survey of more than 1,900 employers across Canada was conducted before the global escalation of COVID-19, the effe...


Dow spikes more than 1,000 points on hopes of coronavirus economic relief

On Wednesday, UK Chancellor Rishi Sunak unveiled a £30bn package , while the Bank of England delivered an emergency cut in interest rates. He also unveiled a...


Fed Pumps Overnight Liquidity To $175 Billion — Coronavirus Repo Madness

US President Donald Trump reportedly called the Federal Reserve " pathetic , slow-moving" on March 10 and stressed his demand that the central bank lowers i...


Stock markets plunge as virus becomes a pandemic

ET, on March 11, 2020. Canadian and US stocks fell deeper in the red throughout Wednesday afternoon following the World Health Organization's official decla...


Corona Response: Trump Pitches 0% Payroll Tax Rate To Stimulate Economy

Even though it's been more than a decade since the 2008 financial crisis, Wall Street firms are still a political target and don't want to be seen as trying to ...


Google asks all North American employees to work from home

Rackow's email says that Google is "carefully monitoring the situation and will update the timeline as necessary". Last week the tech giant sent a memo to sta...


Bank of England cuts rates to 0.25% in shock move over coronavirus

The BOE also announced a broad £100 lending scheme to support businesses amid the coronavirus crisis. "Although the magnitude of the economic shock from Covid...


Russian Federation reaches out to OPEC as Riyadh opens oil taps

It seems that Saudi Arabia is threatening to destroy the U.S. shale oil industry to counter USA attempts aimed at destabilizing the country. Oil, which plunge...


Entire country on lockdown as Italy's coronavirus cases climb

Authorities first placed pockets of the country in lockdown before gradually expanding the so-called red zones. The total number of confirmed cases rose at a ...


Oil Prices Jump 6 Percent After Biggest One-Day Fall Since 1991

While both benchmarks marked their lowest levels since February 12, 2016, they also posted more than a 30% decline - the largest single daily percentage loss si...


Tesla hits a major milestone: It's now made 1 million cars

The Model Y is now built in Fremont, California, but production will soon move to Tesla's plant in Shanghai, China, too; as well as a new plant in Berlin, Germa...


Walmart creates "COVID-19 emergency leave policy"

A memo sent to employees from Walmart U.S. CEO John Furner, Sam's Club CEO Kath McLay and chief people officer Donna Morris detailed the new policies and al...


Coronavirus: EU weighs dropping aviation slot rules as airline crisis deepens

Industry groups have called for more flexibility to limit the economic and environmental impact of the crisis. Known familiarly as the "use it or lose it" rul...


Donald Trump Not Tested for Coronavirus After Potential Exposure to COVID-19

At a Monday evening news conference, Vice President Mike Pence told reporters that he did not know whether President Trump had been tested for coronaviru...


Pound Rallies Against Weak US Dollar on Bullish BoE Stance

The resulting collapse in Treasury yields - which fell another 10 basis points in Asia - has been the death of one of the most popular carry trades globally - b...


Trump has not been tested for coronavirus - White House

White House economic adviser Larry Kudlow advocates specific tax credits, loans or direct subsidies to certain industries or hard-hit areas. Trump later embra...


Twitter to retain Jack Dorsey as CEO, rejigs management

The terms of the agreement reached in the new deal state that Elliott Management and Silver Lake will not " comment on or influence, or attempt to influence, ...


Qantas grounds planes, CEO forgoes pay as COVID 19 spreads

Qantas calculates the capacity cuts are the equivalent of grounding 38 group aircraft across its global and domestic network, resulting in the group's total cap...


State Department warns Americans against cruise ship travel during coronavirus outbreak

The Grand Princess cruise ship, which has been floating off the coast of California for several days amid COVID-19 concerns, was set to dock in Oakland, Calif...