Toyota to delay restart of factory operations in Venezuela

Toyota Motor Corp. will delay the restart of its factory operations in Venezuela following a four-month suspension, as the country has extended measures to curb the spread of the novel coronavirus, an official said Monday. Venezuela is the last country where Toyota's output has remained ... Want to know more on Toyota to delay restart of factory operations in Venezuela click here go to market news source. Market...

Demand for air travel to shrink 49% for Indian carriers: IATA

Tribune News ServiceNew Delhi, July 13 Global airlines body International Air Transport Association (IATA) today said the passenger demand for air travel will contract by 49% for Indian carriers this year as compared to last year. The Indian aviation industry along with its allied sectors is set to see 30 lakh job losses in view of Covid-induced suspension of scheduled commercial flights. Revenue to contract by $11.61 billion...

Australians refinanced a record $15 billion worth of mortgages in May, as COVID-19 delivers a ‘double whammy’ for the banks

Some 33,712 Australians refinanced a record $15 billion worth of mortgages in the month of May, according to the ABS figures. The rush to do so represents a record high, as customers feel the financial pinch amid the country's first recession in nearly 30 years. More »     Want to know more on Australians refinanced a record $15 billion worth of mortgages in May, as COVID-19 delivers a 'double whammy'...

Joint Congressional Oversight Committee urged to take a second look at restrictive provisions of UHC Law

Lawmakers have urged the Joint Congressional Oversight Committee on Universal Health Care (UHC) to immediately take a second look at the UHC Law, particularly its “restrictive” provisions that limit the country’s access to any breakthrough on medicines and drugs amid the COVID-19 pandemic. MANILA BULLETIN FILE Negros Occidental 3rd District Rep. Jose Francisco “Kiko” Benitez led the filing of House Resolution No. 1031, which calls on the joint...

Justice declares false president of one of the associations of ‘riders’ related to Glovo and Deliveroo

The Superior Court of Justice of Catalonia has declared the existence of an employment relationship between Badr Eddine Hilali, known as Naruto, and Glovo. In other words, as the courts have already said on numerous occasions, it concludes that the dealer is a false self-employed person. The sentence stands out because Naruto is currently the president of one of the associations related to the model of self-employed digital...

Mexico sheds another 83,000 tax-paying jobs in June

MEXICO CITY -- Mexico shed another 83,000 formal tax paying jobs in June amid the coronavirus pandemic but the pace of losses slowed, according to data from the Mexican Social Security Institute (IMSS). Read More Want to know more on Mexico sheds another 83,000 tax-paying jobs in June click here go to market news source. Market news summary from Financial Post Finance News. Author: Reuters

Canadian Stock Investors Should Do These 2 Things Right Now

There is a growing awareness that the markets are out of touch with the economy — dangerously so. A second leg down seems all but inevitable, with a potential replay of the March selloff in the works. So, what should investors do about it? The short answer is that Canadians should revisit the pre-pandemic market and consider the idiom, “if I knew then what I know now…” How...
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