Business

Contact’s ThermalCo’s proposal gets a mixed response

Contact Energy’s proposal to roll the country’s thermal generation assets into one has drawn a subdued response from the big power companies, although they welcomed the debate as New Zealand pursues its goal of 100 per cent renewable generation by 2030. Chief executive Mike Fuge, speaking at Contact’s result last month, said there was no […]

World News

“Scary”: Fuel shortage could ground firefighting aircraft

BOISE, Idaho — Airport officials facing jet fuel shortages are concerned they’ll have to wave off planes and helicopters that drop fire retardants during what could be a ferocious wildfire season, potentially endangering surrounding communities. Sporadic shortages at some tanker bases in Oregon and Utah have already been reported. The worry is that multiple bases […]

World News

Covid 19 coronavirus: Where has the Covid fund gone – $5b left in $62b recovery fund

A total of $5.1 billion is all that remains from the $62.1b Covid-19 Response andRecovery Fund. The $5b total is what’s left after more than $4.5b was doled out to various recipients in Thursday’s 2021 Budget announcement. Treasury documents showed the chief withdrawal from the fund in this year’s Budget was $3.8b into the Housing […]

World News

At least 15 officers mistook guns for Tasers. Three were convicted.

It happened in a flash. A deputy drew what he thought was his stun gun on a Black man who was fleeing, announcing his choice of weapon with a shout of “Taser!” But it was a pistol he pulled out, not a stun gun, and the man died. “Oh, I shot him,” the deputy says […]

Business

China Luxury Goods Market to Grow 48% This Year, Says Bain and Tmall

SHANGHAI — The luxury goods market in mainland China will likely achieve 48 percent growth in 2020, reaching nearly 346 billion renminbi, or $52.8 billion, according to a joint report by Bain and Tmall released Wednesday, doubling China’s overall share of the global luxury market this year. On the e-commerce front, China’s annual luxury online […]

Business

S&P 500 futures surge as Trump leads in battleground states

(Reuters) – U.S. stock futures jumped early on Wednesday as President Donald Trump led Democratic rival Joe Biden in Florida and other competitive swing states that will help decide the election. S&P emini futures EScv1 were last up 0.9%, extending a rally in Tuesday’s trading session, when the S&P 500 delivered its strongest one-day gain […]

Business

S&P 500 futures turn down after Trump falsely claims victory with key votes uncounted

(Reuters) – U.S. stock futures turned down on Wednesday in volatile trade after President Donald Trump claimed that he had won the U.S. election even though millions of votes were still uncounted, raising the specter of a lengthy legal battle to resolve the outcome.FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan […]

Politics

Biden, in Sign of Confidence, Will Visit Iowa in Race’s Final Days

Appearing newly emboldened, the Democratic nominee also said he thought he would win Michigan, Wisconsin and Minnesota, three critical battleground states. transcript Biden to Expand Battleground Stops Ahead of Election Joseph R. Biden Jr., the Democratic nominee for president, said his campaign stops leading up to the election would include Iowa, Wisconsin, Georgia and Florida. […]

Business

NFL betting, return of table games glimmers of hope in Colorado’s COVID-impacted casino towns

Like many corners of Colorado that had high hopes for 2020, the state’s gambling capital of Gilpin County has absorbed some serious body blows in wake of the COVID-19 pandemic. The novel coronavirus shut down casinos in Black Hawk, Central City and across the state from March 17 through mid-June. Now Gilpin leaders are trying […]

World News

Hungary summons German ambassador over EU minister's anti-Semitism criticism

BUDAPEST (Reuters) – Hungary’s foreign ministry has summoned the German ambassador to a Monday meeting to explain remarks by his country’s European Union minister in which he accused Hungary of anti-Semitism, Foreign Minister Peter Szijjarto said in a statement on Sunday. Szijjarto rejected the accusations but did not specify where the comments by Minister of […]