Business

[ad_1] LONDON / NEW YORK (Nov 11): Short sellers betting against travel, entertainment and bank stocks in Europe and the US lost billions of dollars on Monday, following news of a COVID vaccine -19 will trigger a rally in the shares of companies that have suffered for months from restrictions …

[ad_1] LONDON / NEW YORK: Short sellers betting against travel, leisure and bank stocks in Europe and the US lost billions of dollars on Monday after news of a COVID-19 vaccine triggered a rebound in stocks of companies that have suffered months of virus-driven restrictions and shutdowns. Investors positioned to …

[ad_1] © Reuters. By Adam Claringbull Investing.com – Oil was down in Asia Tuesday morning, missing some of Monday’s big gains. Prices had risen more than 8% on positive news from a major COVID-19 vaccine trial. It fell 1.23% to $ 41.88 at 12:22 am ET (4:22 am GMT) and …

[ad_1] Dewan Rakyat’s debate on the 2021 budget will take place for three weeks. PETALING JAYA: Political analysts say the ball is now in the government’s court to see that the 2021 budget is approved, as members of the opposition have so far said they are willing to support the …

[ad_1] COMMENT | Malaysia’s budget for 2021 was eagerly awaited as it was destined to be extraordinary given the circumstances of Covid-19. What was announced was quite ordinary and not what many expected. 1. Lack of budget strategy Directionally, the budget lacked a strategy for how the country intends to …

[ad_1] KOTA KINABALU: Sabah’s Conditional Movement Control Order (MCO) will be relaxed starting at midnight on November 11 (Wednesday). Sabah Covid 19 spokesperson Datuk Seri Masidi Manjun said on Tuesday (November 10) that the National Security Council (NSC) accepted the state’s request to allow limited dinners, longer business hours, limited …

[ad_1] (Nov 10): Eric Yuan is, in many ways, the model of the coronavirus economy. Its Zoom Video Communications Inc. has hosted school lessons, family reunions, and business meetings for more than 300 million participants a day during the pandemic. Shares of the video conferencing site have soared more than …

[ad_1] © Reuters. By Peter Nurse Investing.com – US stocks are expected to open mixed Tuesday, continuing Monday’s divergence in sector performance as markets shift prices following positive news from Pfizer about its Covid-19 vaccine. . As of 7 am ET (1200 GMT), the contract was up 231 points, or …

[ad_1] KUALA LUMPUR: Former Malaysian Prime Minister Najib Razak said on Tuesday (Nov 10) that Barisan Nasional (BN) support for the 2021 budget is conditional on people being able to withdraw funds from the Employee Provident Fund ( EPF) and an automatic loan extension. moratorium during COVID-19. “I would like …

[ad_1] AMPANG: A 42-year-old man has been indicted in Session Court here with 41 counts of raping, sodomizing and sexually abusing his daughter at home since the beginning of the year. The defendant, whose name is withheld, has pleaded not guilty after the charges were read before Session Court Judge …