2020 Financial News

«Even if you want to think of revenge, these guys are so nice you cannot get into that zone,» Virat Kohli had famously said before a T20 game in a bilateral series in New Zealand in 2020. «They are probably one side that has set the example for teams to play international cricket.» Whenever captain Kane Williamson hits a regal cover drive boundary, there's hardly a stare-back at the bowler, the staple of most high-octane battles on the pitch; one would be hard pressed to find a single footage of sledging by fast bowler Lockie Ferguson after he has delivered a mean bouncer; Mitchell Santner after taking a breathtaking catch will only have a wide grin, whereas many others would gloat with vulgar glee. It's as if the team is moulded in gentlemanliness, where the likes of Rohit Sharma, Rahul Dravid, Courtney Walsh, Kumar Sangakara, Inzamam ul Haq and Eoin Morgan will find ready places. So while India will look to wipe away the pain of Manchester 2019 where they were eliminated from the semis by the New Zealanders, Rohit Sharma's boys are unlikely to do it with a sense of revenge.

Bitcoin miners are making hay while the sun shines. The business has been yanked out of the doldrums by the cryptocurrency's recent rally — and now mining companies are racing to lock in profits before bitcoin's «halving», when rewards for producing the tokens are cut in half.

TikTok’S chief executive, Shou Zi Chew, faced angry lawmakers in Washington, who grilled him for five hours on topics ranging from misinformation to mental health. A threat of a ban in America, the short-video app’s largest market, looms large. Other Western governments are making similar noises.

Chip technology design maker Imagination Technologies plans to lay off 20% of the company's staff, according to sources familiar with the matter. The U.K.-based company, which signed an agreement to supply Apple with chip technology in 2020, said it was cutting the staff because of a challenging «business environment» over the last 18 months, according to an internal message reviewed by Reuters.

Google makes to Apple, wireless carriers and others are normal competitive behavior and not an abuse of monopoly, an expert called by Google testified on Monday in a blockbuster antitrust trial. In what is expected to be the last week of trial, Kevin Murphy, who teaches at the University of Chicago Booth School of Business, argued Apple and others played Google and Microsoft, which has the Bing search engine, off against each other in order to win big payments from Google.

The foolish immigration policies of Prime Minister Justin Trudeau’s Liberals and their NDP backers have burdened Canada’s health-care system, inflated housing costs and are now starting to annoy Washington.

A father-son team of advisors who had managed $180 million in assets at Ameriprise Financial has joined LPL Financial’s employee advisor channel, Linsco by LPL Financial, the firm announced Monday.

Peter Nygard was found guilty of sexual assault by a Canadian jury on Monday. Fashion mogul Peter Nygard, 82, faced a mixed outcome as he was found not guilty on one count of sexual assault and one count of forcible confinement, but guilty on charges related to assaulting five women from the late 1980s to 2005. Prosecutors asserted that Nygard leveraged his «status» to commit the offenses. In a courtroom drama that unfolded over the jurors' fifth day of deliberations, Nygard maintained his innocence, vehemently denying the charges.

With health care costs skyrocketing over the past several years, it’s no surprise employers and employees are turning their attention to health savings accounts.

Cole Palmer, the 21-year old midfielder for English Premier League club Chelsea and England, displayed a stunning performance against his former club Manchester City yesterday at the former’s home ground Stamford Bridge. Palmer not only displayed immense maturity throughout the match with his dribbling and pass distribution which cut apart the opponent’s midfield and defense, but ended the night by scoring a penalty under massive pressure during injury time to equalize the score at 4-4. Chelsea’s season has been quite up and down as their manager Mauricio Pochettino is still understanding how to get the best out of a team which has promising young players like Palmer. They came into this fixture after a chaotic 4-1 win against London rivals and then league toppers Tottenham Hotspurs.

Pakistan are Laskhar-e-Taiba chief Hafeez Saeed's deputy and Jamaat-ud-Dawa leader Abdul Salam Bhuttavi, Canada-based Hardeep Singh Nijjar, the chief of the banned Khalistan Tiger Force (KTF), close aide of Jaish-e-Mohammad (JeM) chief Masood Azhar, Shahid Latif, and his brother Haris Hashim. While the government was battling for these wanted terrorists but their killings has led to accusations against the Indian government by Pakistan and Canada. The fresh controversy erupted after Nijjar was killed in Canada by two masked men in Canand outside a Gurudwara. Following Nijjar's murder a massive diplomatic row erupted between India and Canada.

Navalny while she is being tried for alleged "extremism", her associates said Monday. Ksenia Fadeyeva, who led Navalny's now-banned Anti-Corruption Foundation group in the Siberian city of Tomsk, faces up to 12 years in prison if convicted. Fadeyeva had been under house arrest.

₹792. It rose as much as 12.5% during the day, before trimming some of the gains to close at ₹883. “Seven of the company’s 15 investors sold a small portion of their stakes to help achieve the listing status, but all existing shareholders are invested and believe in the company’s growth story," Protean eGov Technologies Ltd’s managing director and chief executive, Suresh Sethi told Mint. “The price band was set after taking inputs from shareholders and investors.

By Jack Queen

O'Leary Ventures chairman discusses inflation as the president touts Bidenomics, the «downsizing» of America and division on college campuses.

As a new year approaches, people will once again commit to improve their lives and achieve new goals, but is there value for investors beyond the ‘New Year, New You’ bounce?

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By Tom Polansek

The first version of the App has been developed and commercialised through OptRoute Logistics, an IIT Madras-incubated start-up co-founded by NS Narayanaswamy, professor at Department of Computer Science and Engineering, IIT Madras and Anuj Fulia, an IIT Madras alumnus.

Rishi Sunak has sacked Home Secretary Suella Braverman after she came under attack for writing an article in the 'Times'. In the article, the Indian-origin MP criticized what she called «pro-Palestinian mobs» and wrote that protest scenes were «disturbingly reminiscent» of those seen in Northern Ireland. Braverman also criticized the Met Police for a «double standard» over their handling of protests. Quitting her office, the Tory MP said it was «the greatest privilege of my life to serve as home secretary». James Cleverly has replaced her.

ALSO READ: Madhya Pradesh Polls 2023: What BJP, Congress promised for the women in poll-bound state After the 2018 Madhya Pradesh Election, the Congress formed the government under Kamal Nath. However, in March 2020, Jyotiraditya Scindia and MLAs loyal to him resigned and crossed over to the BJP, toppling the Kamal Nath-led Congress government. The BJP had then formed the government in the state, with Shivraj Singh Chouhan returning as the chief minister.