Markets
Kia to introduce new electric vehicle this quarter: Details here
Movement helps humankind to constantly progress, improve, and evolve. "The ideas of our designers and the goal of the brand are more connected than ever, with our customers at the center of what we do". Kia is already working with Canoo most likely to design a small zero-emissions delivery van, and Arrival - a company planning electric buses and commercial vehicles. [Full Article...]
Insurers must pay small businesses for lockdown losses, court rules
He cited this as recognition by the Supreme Court that, when this cover was needed most by thousands of United Kingdom businesses, insurers did not have the right to argue that coverage was only applicable where narrow local restrictions were in place or to deny claims because the cover had not been meant to be provided, or because the interruption and losses would have occurred in any event. [Full Article...]
Bill Gates Top Farmland Owner in US
The Land Report researchers concluded that Gates, now the fourth richest man in the world, and his wife, Melinda, own 242,000 acres of farmland. This land is being developed into a new suburb. 2 on Land Report's list of families who own the most farmland in the U.S. The Bill and Melinda Gates Foundation in 2017 had pledged $300 million over three years to support research to help low-income f... [Full Article...]
Canada's 10 best places to work in 2021, according to Glassdoor
Glassdoor's Best Places to Work were determined using company reviews shared by USA -based employees between October 22, 2019 and October 19, 2020. "Private company, transparent executive leadership, lots of opportunity, entrepreneurial, smart people, and a fun place to work". "This year, we also see exceptional employers who have prioritised the health, safety and well-being of their employees... [Full Article...]
Gold gains Rs 286, silver jumps Rs 558
In India, most investors and consumers are looking for a decline in the price of the precious metal to make meaningful purchases. Gold for Feb delivery was trading lower by Rs 445 at Rs 48,860 per 10 grams. Gold on the MCX was down nearly by Rs 445, and with the Indian currency stable, it would not be a surprise to see gold rates dip by almost Rs 400 per 10 grams. [Full Article...]
More Global Expansion in the Cards for Couche-Tard?
Couche-Tard shares slipped 2.2 per cent after the initial Bloomberg report, closing at $41.31 in Toronto to value the company at nearly $36 billion. Lately its focus had been on the United States and Asia Pacific regions, where it tried to buy Caltex Australia Ltd before deciding against a revised offer during the pandemic. [Full Article...]
Stocks end mostly lower but investors eye US stimulus plan
In addition to the jobless data, Biden unveiled his stimulus plan, one that will include $1,400 direct payments, an extension of increased unemployment insurance and support for state and local governments in a package set to be as big as $1.9trn. [Full Article...]
Visa and Plaid call off $5.3B merger citing DoJ pushback
Visa announced late Tuesday that it was terminating its planned $5.3 billion acquisition of fintech company Plaid due to regulatory pushback from the Justice Department and an expectation that the Justice Department's antitrust lawsuit would take too much time to play out. [Full Article...]