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Budget 2022: Jacinda Ardern not well enough to chair Cabinet remotely following Covid infection
Prime Minister Jacinda Ardern is not well enough to chair Cabinet remotely on Monday or to deliver her speech virtually during the lockup for Monday’s pre-Budget release of the landmark Emissions Reductions Plan. A spokesman said Ardern’s participation in events this week – including the Budget – would depend on whether she was well enough […]
Slack shares slump on soft outlook, slower growth
By Bharath ManjeshR (Reuters) – Workplace communication platform Slack Technologies Inc forecast a soft revenue outlook for the first quarter on Thursday, sending its shares down more than 20% aftermarket, on a day major U.S. stock indexes went into a tailspin amid coronavirus fears. The company warned the coronavirus outbreak could hurt demand for its […]
China forecasts vehicle sales at flat or falling in 2020
BEIJING (Reuters) – China expects the country’s vehicle sales to remain at around 25 million units in 2020, and could be flat or decline, Industry Minister Miao Wei said on Monday. Miao made the comments in a news conference in Beijing. He also said that the ministry is studying postponing the reduction of subsidies for […]