Glass Lewis joins ISS in opposing Tesla chairwoman's re-election to board

Glass Lewis said on Thursday that it urged Tesla Inc investors to vote against re-electing Chairwoman Robyn Denholm to the company's board, making it the second proxy advisory firm to oppose her appointment.
Tags: Money, Tesla, businessNews, Iss, Lewis, Tesla Inc, Robyn Denholm

Australian regulator says Google's $2.1 billion Fitbit deal could harm competition

Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.
Tags: Google, Money, Australia, businessNews

China-backed AIIB approves $500 million loan for Pakistan's COVID-19 response

The Beijing-backed Asian Infrastructure Investment Bank (AIIB) has approved a loan of $500 million to help Pakistan battle the coronavirus pandemic, the bank said on Thursday.
Tags: Money, China, Beijing, businessNews, Pakistan, Aiib, Asian Infrastructure Investment Bank AIIB

New Zealand's economy shrinks by most in three decades

New Zealand's economy shrank 1.6% in the March quarter, the largest drop in 29 years and the first quarterly fall since the December 2010, as the initial effects of coronavirus curbs paralysed activity.
Tags: Money, businessNews, New Zealand

U.S. trade chief vows to push for 'broad reset' at WTO

The Trump administration will push for a broad reset of "outdated tariff determinations" at the World Trade Organization to fix what it sees as years of unfair treatment of the United States, a top trade official told U.S. lawmakers on Wednesday.
Tags: Money, businessNews, United States, World Trade Organization, WTO, Trump, U S

China's raises almost $4bn in Hong Kong share sale

Shares in China's second largest online retailer jumped by more than 5% on their Hong Kong Stock Exchange debut.
Tags: Hong Kong, Business, China, Hong Kong Stock Exchange

Geely Automobile steps toward mainland China listing; HK shares surge

Geely Automobile Holdings Ltd said its board has approved a preliminary proposal to list new renminbi shares on mainland China's Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday.
Tags: Hong Kong, Money, China, businessNews, HK, Geely Automobile Holdings Ltd, Geely Automobile

Australia jobless rate surges to 19-year high in May, slow recovery seen

Australia's unemployment rate jumped to the highest in about two decades in May as nearly a quarter of a million people lost their jobs due to the coronavirus pandemic-driven shutdowns.
Tags: Money, Australia, businessNews

Do Employees Sacrifice Mental Health For Higher Earnings?

We all have different goals in our professional lives, many seek fulfilment, crave knowledge or long for power. There’s one thing we can all agree on and that is we strive for a certain wage. While it is crucial we earn enough to provide for our families and can afford household bills and mortgage payments, few of us are happy to stop there and continue to push ourselves to increase our monthly wage. Employees and job applicants are in a tough market and are constantly trying to find new ways to...
Tags: Business, Sales, Mental Health, Anxiety, Ons, CPD, Blog & Grow, Employees Sacrifice Mental Health

Last A380 convoy in French village spells end of an aviation era

The last convoy of outsize parts for the world's largest airliner crawled towards an assembly plant in southwest France late Wednesday, applauded by residents and production workers as Europe's Airbus prepares to build the last A380 superjumbo.
Tags: Europe, Money, France, businessNews, Airbus

4 Common Barriers To Success: And How To Overcome Them

Don’t let your fatigue at the end of the day keep you from working on the novel you’ve been writing, painting a canvas, working on your business plan, or engaging in other creative or extracurricular pursuits.
Tags: Jobs, Success, Career Advice, Advance Your Career

Google, Fitbit deal may hamper competition - Australian regulator

Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion (£1.6 billion) acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.
Tags: Google, Money, Australia, businessNews, Fitbit, Alphabet Inc

Brazil’s BizCapital raises $12 million for its online lending service

BizCapital, an online lender based in Brazil, has raised $12 million from a clutch of investors including the German development finance institution, the corporate venture capital fund of MercadoLibre and existing investors Quona Capital, Monashees, Chromo INvest and 42K Investments. “This latest round reinforces investors’ confidence in BizCapital’s ability to innovate in the Latin American credit market amid challenging circumstances caused by Covid-19,” said Francisco Ferreira, the company’s...
Tags: Travel, TC, Money, Finance, Funding, Economy, Fundraising, Venture Capital, Brazil, Private Equity, Ferreira, Corporate Finance, Quona Capital, MercadoLibre, Venture Capital Firms, BizCapital

Singapore shortlists 14 applicants for digital bank licences

Singapore's central bank has shortlisted 14 applicants for up to five digital bank licences on offer in the city-state's biggest banking liberalisation in two decades.
Tags: Money, Singapore, businessNews

LATAM Airlines suspends Argentina operations, blaming COVID-19 and government

LATAM Airlines Group said on Wednesday its Argentine subsidiary will cease operations indefinitely, canceling all domestic flights, its first major cutback since filing for bankruptcy protection.
Tags: Money, businessNews, Argentina, Latam Airlines, LATAM Airlines Group

Citing racial stereotype, PepsiCo drops Aunt Jemima; Uncle Ben's, Mrs. Butterworth's under review

PepsiCo Inc said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup, dropping a mascot that has been criticized for a racist history, amid a national debate over racial inequality in the United States.
Tags: Money, businessNews, Pepsico, PepsiCo Inc, Ben, Butterworth

Americans face new coronavirus challenge: a shortage of coins

Banks across the United States are facing a shortage of coins during coronavirus crisis, prompting the U.S. Federal Reserve to ration distribution and work with the U.S. Mint to boost supply.
Tags: Money, businessNews, United States, U S Federal Reserve

Fed's Powell beats drum for more government aid to bolster economy

The U.S. economy is beginning to recover from the worst of the coronavirus crisis, but with some 25 million Americans displaced from work and the pandemic ongoing, it will need more help, Federal Reserve Chair Jerome Powell told lawmakers on Wednesday.
Tags: Money, businessNews, Fed, Powell, Federal Reserve Chair, Jerome Powell

Coronavirus Australia update: Scott Morrison cites 'dark times' in job figures update as Victoria records 18 new Covid-19 cases – politics live

Person who attended Melbourne Black Lives Matter protest among new cases as scandal in Victorian Labor pivots back to federal level after Adem Somyurek reportedly releases text messages written by MP Anthony Byrne. Follow live 3.25am BST Josh Frydenberg calls the figures “devastating” In the last two months, over 835,000 jobs have been lost. These are not just numbers. These are our friends, family members, workmates and neighbours. 3.24am BST Scott Morrison: Our expectations, the Treasu...
Tags: Business, Australia, Australia news, Infectious Diseases, Coalition, Australian politics, New South Wales, Victorian politics, Victoria, Labor party, Liberal party, Scott Morrison, Daniel Andrews, Australian economy, Anthony Albanese, Josh Frydenberg

Google sets 2025 leadership diversity goal, ends 'tailgater' ID checks

Alphabet Inc's Google on Wednesday announced a new hiring goal and security policy to address racial issues at its offices, as protests over police brutality against African Americans have carried into discussions about corporate culture.
Tags: Google, Money, businessNews, Alphabet Inc

Special Report: Millions of abandoned oil wells are leaking methane, a climate menace

(This June 16 story corrects comparison in paragraph 8 of climate damage from methane leaks to that from U.S. oil consumption. The leaks cause climate damage roughly equivalent to typical U.S. oil consumption in one day, not two days.)
Tags: Money, businessNews

ADB sees developing Asia barely growing in 2020 due to pandemic

The Asian Development Bank (ADB) on Thursday slashed its growth forecast for developing Asia this year to 0.1% from 2.2% to reflect the impact of the lockdowns on economic activity due to the coronavirus pandemic.
Tags: Asia, Money, businessNews, Adb, Asian Development Bank ADB

Could infrastructure week actually be happening?

The Trump Administration plans in the next few weeks to announce a $1 trillion infrastructure bill, according to Bloomberg and Financial Times. The proposed spending on roads and bridges is seen as a way to further jump start the COVID-19 hobbled U.S. economy. The money reportedly would be spent over 10 years, but those familiar with the White House thinking say the plan is still "fluid and could take time." It also would go head-to-head with not only a sizable Democratic highway bill now befor...
Tags: Taxes, Congress, Senate, White House, Gop, House, Trump, Democratic, Central Texas, House Transportation Committee, Highway Trust Fund, Trump Administration, Peter G Peterson Foundation, Capitol Hill House, Bloomberg and Financial Times, Congress Across

6 hot apps that Silicon Valley insiders are buzzing about

To be part of the in-crowd in Silicon Valley, you have to know about and use the latest hot new apps. Years ago, that was Gmail; this week it's Hey, a new email service. Below is a list of six of the hottest apps in the Valley. Unfortunately, most of them are invitation-only, so there's good chance you won't be able to join the hip crowd. Visit Business Insider's homepage for more stories. Silicon Valley can be a cliquey place. Every so often, a new app or service launches that only the in-cr...
Tags: Apple, Facebook, Trends, Silicon Valley, Jared Leto, Marc Andreessen, Lowercase Capital, Valley, Troy Wolverton, Paul Davison, Rapportive, Brian Wagner, Matt Mazzeo, Collab, Rahul Vohra, Ivan Zhao

Covid-19 coronavirus: All transtasman air passengers must wear face masks

The Ministry of Health has changed its stance on face masks on planes.All passengers travelling to New Zealand from Australia are now required to wear face masks during flights as an additional precaution. During today's press... [Author: [email protected]]
Tags: Business, Australia, New Zealand, Ministry of Health

Asian stocks set to fall as Wall Street snaps three-day winning streak

Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.
Tags: Money, businessNews

Amazon launches Saudi Arabia shopping site despite CEO's dispute with kingdom Inc on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company's chief executive, Jeff Bezos.
Tags: Amazon, Money, Saudi Arabia, businessNews, Riyadh, Amazon com Inc

Argentina debt talks hit roadblock as government, creditors rattle sabers

Argentina's debt restructuring talks, in a tense final stretch, hit a roadblock on Wednesday with the government determined not to cede further ground after making an improved offer and a key creditor group warning that negotiations had failed.
Tags: Money, businessNews, Argentina

Air NZ increases school holiday capacity, but ticket prices still higher than outside holidays

An announcement by Air New Zealand it will increase flights during school holidays came hours after it emerged a one-way ticket from Auckland to Queenstown for the same period would cost $409 one way.A ticket on the exact same flight... [Author: [email protected]]
Tags: Business, Auckland, Nz, Queenstown, Air New Zealand

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