Markets

Global emissions cuts "extreme" during Covid-19 crisis

Global emissions cuts However, the researchers note that the observed changes are likely to be temporary because "they do not reflect structural changes in economic, transportation, or energy systems". The global study of carbon emissions found that daily emissions declined by around 17 percent between January and early April, compared to the previous year and could decline anywhere between 4.4 percent and 8 percent ... [Full Article...]

Aus McDonald’s shut after delivery driver tests COVID-19 positive

Aus McDonald’s shut after delivery driver tests COVID-19 positive Meanwhile, an abattoir at the centre of a major coronavirus outbreak in Melbourne's west will begin reopening its premises. He could not say how long the affected restaurants will be shut for. Twelve McDonald's outlets have been closed in Victoria due to a coronavirus- infected truck driver, while the state announces AUD$2.7 billion to help revive the economy. [Full Article...]

J&J discontinues talc-based baby powder in US, Canada

J&J discontinues talc-based baby powder in US, Canada Kathleen Widmer, chairman of the company's North America consumer unit, said it was a "commercial decision" to discontinue the sale of the baby powder. health regulators who stuck by their test results. The product is made from pure talc, a mineral which often appears in veins alongside asbestos in the earth. [Full Article...]

Walmart Gets Big Boost From Pandemic Panic

Walmart Gets Big Boost From Pandemic Panic J. Crew, J.C. Penney, Neiman Marcus and Stage Stores have all sought Chapter 11 bankruptcy protection this month. Grocery sales, however, rose 13 percent, while online spending grew 21 percent, as more Americans hunkered down at home, giving a lift to some of the country's largest retailers, like Walmart, Target and Amazon. [Full Article...]

Coronavirus vaccine in first human trial shows signs of creating immunity

Coronavirus vaccine in first human trial shows signs of creating immunity The company didn't say what happened with the other 37, and the study results have not yet undergone peer review. However, he does note the complete trial data has yet to be fully released, peer-reviewed, or published. Many of these companies who conducting human trials have created, or are in the process of creating RNA vaccines, which can be synthesized and create vaccines more quickly. [Full Article...]

Samsung to support 5 new startups by company workers

Samsung to support 5 new startups by company workers The C-Lab spin-off program provides startups with the investment and business consulting needed to help them grow. Started in December 2012, C-Lab Inside nurtures employees' innovative ideas while instilling a corporate culture in which creativity is at the fore. [Full Article...]

UK Jobless Claims Jump to Highest since 1996 As COVID Crisis Hits

UK Jobless Claims Jump to Highest since 1996 As COVID Crisis Hits It shows the number of claims for jobseekers' allowance and universal credit claimants looking for work spiked between March and April, reaching 2.1 million. It's the largest increase since records began in 1971 and the highest total since 1996. Experimental data, based on tax figures, showed the number of people on companies' payrolls fell by 1.6 per cent in April from March, equivalent to the ... [Full Article...]

Imported cars subject to 10 per cent tariff from January, government confirms

Imported cars subject to 10 per cent tariff from January, government confirms The UK also intends to remove the EU's Meursing table which is described as complex, allowing the country to scrap thousands of unnecessary tariff variations on products - including over 13,000 tariff variations on products like biscuits, waffles, pizzas, quiches, confectionery, and spreads. [Full Article...]


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