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Samsung will reportedly launch the Note 20 on August 5

Samsung normally makes a big show out of its flagship phone launches with massive live events. It won’t be able to do that with the Galaxy Note 20 this year — you know, coronavirus and all — but that doesn’t mean it’s going to keep us waiting for new tech. If recent leaks are to be believed, the company is planning to announce the Note 20 as soon as August 5. The rumor comes courtesy of Jon Prosser of Front Page Tech, who also says the company is planning to announce the Galaxy Fold 2 and Z Flip...
Tags: Startups, Samsung, Insider, Plugged, Jon Prosser of Front Page Tech


Oil falls as U.S. inventory rise revives oversupply concerns

Oil prices fell on Wednesday after data showed a rise in crude and fuel stockpiles in the United States, reviving concerns about oversupply and falling fuel demand in the world's largest crude consumer amid the coronavirus outbreak.
Tags: Money, businessNews, United States


Cathay Pacific shares hit 3-1/2-month high after rescue package, outlook uncertain

Shares of Cathay Pacific Airways Ltd surged as much as 18.7% on Wednesday, reaching their highest level since Feb. 24, after the carrier announced a HK$39 billion ($5 billion) recapitalisation plan led by the Hong Kong government.
Tags: Hong Kong, Money, businessNews, Cathay Pacific, Cathay Pacific Airways Ltd


China factory gate deflation deepens on global demand slump

China's producer prices fell by the sharpest rate in more than four years, underscoring pressure on the manufacturing sector as the COVID-19 pandemic reduces trade flows and global demand.
Tags: Money, China, businessNews


Australia-based Integral Diagnostics buys Ascot Radiology for up to $52.8 million

Integral Diagnostics has bought Auckland-based Ascot Radiology for up to $52.8 million paid in a mix of $40m of cash, $10m of shares and an earnout of up to $2.8m to 17 vendor doctors."We are pleased to have extended our footprint... [Author: [email protected]]
Tags: Business, Australia, Auckland, Integral Diagnostics, Ascot Radiology


CrossFit founder steps down as CEO after criticism over Floyd tweet

CrossFit Inc founder Greg Glassman stepped down as chief executive on Tuesday, days after he apologized for his tweet on the killing of an unarmed black man as it drew criticism and led to footwear brand Reebok ending its tie up with the fitness regimen.
Tags: Money, businessNews, Crossfit, Floyd, Reebok, Greg Glassman, CrossFit Inc


HPCL delays $3 billion Vizag refinery expansion - source

India's Hindustan Petroleum Corp has pushed back the completion of a billion-dollar expansion at southeastern Vizag refinery to at least October-November due to a labour shortage and monsoon rains, a company source said.
Tags: Money, India, businessNews, Hindustan Petroleum Corp


Intellectual Property firm AJ Park buys rival Baldwins for $7.9m

Intellectual property firm AJ Park is set to acquire rival Baldwins Intellectual Property for $7.9 million in one of the biggest deals in the IP space for some time.The deal, which is conditional on Commerce Commission approval,... [Author: [email protected]]
Tags: Business, Commerce Commission, AJ Park, Baldwins, Baldwins Intellectual Property


Gold gains as equity rally pauses ahead of Fed verdict

Gold extended gains on Wednesday as global equity markets eased after a recent rally, while U.S. Treasury yields dropped ahead of the outcome of the Federal Reserve's meeting that is expected to shed light on the state of the economy and further stimulus.
Tags: Money, businessNews, Federal Reserve, Fed, U S Treasury


Global Markets: Asian shares creep higher as markets wait for Fed

Asian stock markets eked out a 10th consecutive session of gains on Wednesday, but momentum ebbed as doubts about the global recovery from the pandemic returned ahead of the U.S. Federal Reserve meeting.
Tags: Money, businessNews, Fed, U S Federal Reserve, Global Markets


F&P Appliances latest to be hit by possible ransomware attack

Fisher & Paykel Appliances appears to be the latest company to be hit by a possible ransomware attack. READ MORE:• Toll says data stolen in second ransomware attack within months • Air NZ service provider Travelex... [Author: [email protected]]
Tags: Business, Travelex, Fisher Paykel Appliances


Jacinda Ardern-favoured Kiwi designer Ingrid Starnes closing down stores

Iconic New Zealand fashion designer Ingrid Starnes has announced she will be shutting her doors after a decade due to the financial hit taken from the Covid-19 lockdown.Starnes, whose designs have been worn many times by Prime Minister... [Author: [email protected]]
Tags: Business, New Zealand, Kiwi, STARNES, Jacinda Ardern, Ingrid Starnes


Japan's machinery orders, wholesale prices sink as pandemic hits business spending

Japan's machinery orders slumped in April at their quickest pace in nearly two years, as a drop in demand and company profits caused by the coronavirus pandemic paralysed businesses spending.
Tags: Japan, Money, businessNews


China producer price deflation deepens on global demand slump

China's May factory gate prices fell by the sharpest rate in more than four years, underscoring pressure on the manufacturing sector as the COVID-19 pandemic reduces trade flows and global demand.
Tags: Money, China, businessNews


Japan's Fujifilm to spend $928 million to double capacity of Danish drug facility

Fujifilm Holdings Corp will spend $928 million to double capacity at a drug manufacturing facility in Denmark, which it has pledged to use in producing COVID-19 treatments, as the Japanese company steps up its pivot towards healthcare.
Tags: Japan, Money, businessNews, Denmark, Fujifilm, Fujifilm Holdings Corp


Overseas investor fined $500k for buying property without OIO consent

An overseas investor has been ordered to pay more than $500,000 in penalties after buying a property without approval from the Overseas Investment Office.The High Court today released its judgment regarding Chor Ltd and its shareholders... [Author: [email protected]]
Tags: Business, Overseas Investment Office The High Court, Chor Ltd


Assumptions Good And Bad For Leaders

I always hear about the horrors of assuming things. Everyone has heard the phrase about assuming makes an ass out of you and me. In general, I can’t disagree with that statement because we should always be as sure as possible about things in our lives. assumed this would be good; it was Yet, we […]
Tags: Leadership


WISE CHOICES: On Being a Team Leader With Very Little Time

There are three things I've learned, about Team Leaders, in the past 33 years of working with these organizations. 1. They want their teams to become more high performing 2. The time they have to play their role is limited 3. They have choices about which team building efforts to focus on Towards that end (assuming you have three minutes), take a look at the many choices you have to increase the long-term effectiveness and well-being of your team. Then pick at least ONE to focus on this we...
Tags: Innovation, Best Practices


Apple staff to return to a different kind of office starting June 15

The pandemic has prompted changes in work practices at its Silicon Valley base
Tags: Apple, News, Trends, Silicon Valley, Remote Working, Apple Park, Coronavirus, COVID-19


Apple staff to return to a different kind of office from June 15

The pandemic has prompted changes in work practices at its Silicon Valley base
Tags: Apple, News, Trends, Silicon Valley, Remote Working, Apple Park, Coronavirus, COVID-19


Argentina stirs up giant soy market with state takeover

Argentina's state takeover of embattled soy crusher Vicentin is stirring up the country's giant export market of processed soy, the largest in the world, handing the government a strategic toehold in the important sector.
Tags: Money, businessNews, Argentina, Vicentin


Online used car seller Vroom's shares go into overdrive in Nasdaq debut

Shares of online used car seller Vroom Inc more than doubled in their Nasdaq debut on Tuesday, as the U.S. IPO market continued its recovery after the coronavirus crisis slammed the brakes on new listings.
Tags: Money, businessNews, Vroom, U S IPO, Vroom Inc


Chinese firms may halt use of tankers that have transported Venezuelan oil - sources

Chinese oil companies may soon decline to charter any tanker that has visited Venezuela in the past year to avoid disruption to operations if the United States blacklists more ships for trading with Caracas, four shipping sources told Reuters on Tuesday.
Tags: Money, businessNews, United States, Venezuela, Reuters, Caracas


Shell looks to Brazil solar power sales from farms that are due online in 2023

Royal Dutch Shell PLC is ready to start negotiating with potential clients the sale of future solar power on Brazil's free energy market from its first farms due to start operating in 2023, Shell's solar business development manager for Latin America said.
Tags: Money, businessNews, Brazil, Shell, Latin America, Royal Dutch Shell Plc


Investors brace for market swings as Trump slips in election polls

The U.S. presidential election is re-emerging as a potential risk to markets after a shift in polls that has seen President Donald Trump lose ground to Democrat Joe Biden.
Tags: Money, businessNews, Donald Trump, Trump


The Conversation: Warehouse risks long-term interests by sacking staff

To paraphrase Winston Churchill, it is curious to see The Warehouse Group (TWG) not letting a good crisis go to waste.Despite recently receiving NZ$68 million in government wage subsidies as a result of the COVID-19 lockdown, TWG... [Author: [email protected]]
Tags: Business, Winston Churchill, Warehouse Group TWG


Some Careers That Challenge You Each Day

For lots of people, the main thing they want from a career is something that challenges them and that enables them to solve problems as […]
Tags: Jobs, Challenges, Find your Dream Job, Dream Career


Chinese companies put U.S. listing plans on ice as tensions mount

Chinese companies are putting off plans for U.S. listings as tensions between the world's top two economies rise, lawyers, bankers, accountants and regulators involved in what has been a major capital-raising route told Reuters.
Tags: Money, businessNews, U S


Cathay Pacific shares set to open up 18.7% after $5 billion rescue package

Shares of Cathay Pacific Airways Ltd were set to open sharply up 18.7% on Wednesday after it announced a HK$39 billion ($5 billion) recapitalisation plan led by the Hong Kong government to help it weather the coronavirus pandemic.
Tags: Hong Kong, Money, businessNews, Cathay Pacific, Cathay Pacific Airways Ltd


COVID-19 magnifies challenges to business in China -European business group

The COVID-19 epidemic has exacerbated already worrisome trends to doing business in China amid slowing revenue growth, regulatory obstacles and the clout of the state-owned sector, a European business group said on Wednesday.
Tags: Money, China, businessNews



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