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Narendra Modi launches portal to help, hand-hold MSMEs

Champions — Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength — has been described by the MSME Ministry as an ICT-based system set up to help such enterprises in the “present difficult situation” Reported by Hindu

Interstate panel to synchronise opening of dams

A meeting of the District Collectors of Wayanad and Mysuru through a videoconference on Monday decided to constitute an interstate coordination commit Reported by Hindu

Ensure conservancy workers use protective gear: HC

‘They must be sensitised to the need to use masks and gloves’ Reported by Hindu

Bitstamp adds GBP trading

We’re excited to announce the pound sterling is coming to Bitstamp next week! Reported by Finextra

Atlanta-based Coca-Cola, Delta speak out against racism in wake of protests against police brutality

As protesters faced off against National Guard troops near Centennial Park after George Floyd’s death while under the knee of a Minneapolis police officer, some of Atlanta’s major corporations decided it was time to speak out. The CEOs of Coca-Cola and Delta Air Lines have issued public ... Reported by bizjournals

Coronavirus lockdown | Venkaiah Naidu, Om Birla discuss RS, LS meeting on alternate days

Meeting of standing committee on Home Affairs, scheduled on Wednesday, has been postponed Reported by Hindu

Facebook's Zuckerberg faces employee backlash over Trump protest comments

Facebook employees critical of CEO Mark Zuckerberg's decision not to act on President Donald Trump's inflammatory comments about U.S. protests went public on Twitter, praising the rival social media firm for acting and rebuking their own employer. Reported by Reuters

Retail reopening: not such a lovely day

Fewer customers and higher expenses mean there will be no return to pre-pandemic profits Reported by FT

Local marketing company raises $13M in growth capital

San Antonio-based Stirista, a marketing data and analytics company, has raised $13 million in growth equity financing, the company announced Monday. The financing was led by Boston-based Wavecrest Growth Partners with participation from Dennis Ainge, a founding executive of marketing data and ... Reported by bizjournals

CFTRI, pvt. lab sign pact for developing hygiene products

CSIR-Central Food Technological Research Institute (CFTRI), Mysuru has signed a memorandum of understanding (MoU) with Schevaran Laboratories for the Reported by Hindu

Judge tosses ex-basketball players’ ‘Fortnite’ dance lawsuit

SILVER SPRING, Md. (AP) — A federal judge has dismissed a lawsuit in which two former University of Maryland men’s basketball players accused makers of the “Fortnite” video game of misappropriating a dance move that the ex-teammates popularized. U.S. District Judge Paul Grimm ... Reported by Seattle Times

Wayne Bank deploys Xamin xWAN

Xamin, a leading provider of managed IT services for highly regulated and reputation-sensitive compa... Reported by Finextra

Fiat Chrysler to list robot-making business after PSA merger

Fiat Chrysler (FCA) said it planned to list robot making business, giving more detail on Monday about the future of Turin-based Comau, which it already planned to spin off. Reported by Reuters

South Africa plans to resurrect flag carrier with state funds

New state airline will be created out of South African Airways, according to draft proposal Reported by FT

Dragonbridge expands into Middle East, hires former Ritz-Carlton PR director

Specialist b2b communications agency Dragonbridge Communications has hired Claudia Hardt as head of business in the Middle East. Reported by PRWeek

COVID-19 spurt: BSF battalions did not comply with guidelines, says Tripura CM

The personnel, their family members accounted for 163 of 316 cases, he says Reported by Hindu

Construction spending falls less than expected

U.S. construction spending fell less than expected in April even as other sectors of the economy buckle under the COVID-19 crisis. Reported by Reuters

Reopening responsibly: Ras Al Khaimah eateries urged to get staff tested for Covid-19

Employees and customers are required to wear face masks and gloves. Reported by Khaleej Times

Supreme Court declines to take Bernard Madoff trustee case

WASHINGTON (AP) — The Supreme Court is leaving in place a ruling that allows the trustee recovering money for investors in the Bernard Madoff Ponzi scheme to pursue more than $4 billion that went to overseas investors. The high court on Monday declined to get involved in the case. As is ... Reported by Seattle Times

Pfizer declines about 8% after setback to breast cancer treatment

Shares of Pfizer Inc fell nearly 8% on Monday after an independent data monitoring committee determined the drugmaker's breast cancer treatment was unlikely to meet the main goal of a late-stage study. Reported by Reuters

Coronavirus live blog: The impact on PR and comms

PRWeek UK will keep you updated on how the coronavirus outbreak is affecting the PR and communications industry. Reported by PRWeek

Survey: US factories sink in May for third straight month

WASHINGTON (AP) — American factories contracted for the third straight month in May as they continued to sustain economic damage from the coronavirus pandemic. The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index came in at 43.1 ... Reported by Seattle Times

Bulgaria expects to finish Russian gas pipeline on time

SOFIA, Bulgaria (AP) — Bulgaria says it aims to build on time its stretch of a pipeline that will bring Russian gas to Europe, despite unforeseen delays due to the COVID pandemic. The 474-kilometer (296-mile) Bulgarian stretch of the pipeline will be ready by the end of this year, Prime ... Reported by Seattle Times

How Repeat Business Systems is adapting its offerings for the pandemic and beyond

"Everybody's learning something. When this is over, I feel like our company overall is going to be much, much stronger and much closer,” Dawn Abbuhl said. “You always wonder in a business, ‘What's the worst-case scenario?’ Now we know, and we know we can get through it.” Reported by bizjournals

Manufacturers urge bailout as sector suffers

The coronavirus crisis has left many manufacturers on the "cliff edge", an industry body warns. Reported by BBC News

'Lemon' or not, Trump is stuck with Phase 1 China trade deal

U.S. President Donald Trump has little choice but to stick with his Phase 1 China trade deal despite his anger at Beijing over the coronavirus pandemic, new Hong Kong security rules, and dwindling hopes China can meet U.S. goods purchase targets, people familiar with his administration's ... Reported by Reuters

Wall Street and Fed fly blind as coronavirus upends annual stress tests

U.S. financial regulators, banks and their investors will get their first glimpse into the health of the nation's banking system as it confronts soaring corporate and consumer defaults in the economic crisis sparked by the novel coronavirus. Reported by Reuters

"Lemon" or not, Trump is stuck with Phase 1 China trade deal

U.S. President Donald Trump has little choice but to stick with his Phase 1 China trade deal despite his anger at Beijing over the coronavirus pandemic, new Hong Kong security rules, and dwindling hopes China can meet U.S. goods purchase targets, people familiar with his administration's ... Reported by Reuters India

Is it time to consolidate your investments with one provider?

The saying “don’t put all your eggs in one basket” is a good piece of advice, and it can be applied to so many aspects of our lives. In the world of investing, we are all taught the benefits of diversification, which is the very act of not putting all your eggs in one basket. Investing ... Reported by bizjournals

Escalating China tensions could become an obstacle for U.S. stock rally

U.S. President Donald Trump's directive on Friday to begin the process of eliminating special treatment for Hong Kong is likely to put China-U.S. tensions back in the headlines over the coming months, creating a new driver of volatility in global equity markets. Reported by Reuters India

Growing up in the CRE industry: Director shares key components to success

The commercial real estate industry is competitive and takes a certain work ethic and level of determination to succeed. I’ve had the unique experience of seeing this from a young age and have learned a few key components along the way that help brokers see success as they work to build ... Reported by bizjournals

Banks sued over Paycheck Protection Program loan practices

As financial institutions begin to make the next round of Paycheck Protection Program (PPP) loans under the CARES Act, some would-be borrowers have begun suing lender financial institutions alleging the institutions have relied on improper criteria when making PPP loans, thereby violating the ... Reported by bizjournals

FAQ: Here’s the scoop on our school rankings, one question at a time

Business First is a business newspaper. Why do you rate schools? Three good reasons. A large number of our readers are employers, even more are parents, and all of them are taxpayers. They have a big stake in Western New York’s schools. How long have you been doing this? We’ve been ... Reported by bizjournals

Six businesses finding an upside in the crisis

Parts of the corporate world have benefited from changes to the way we work, talk, eat and shop Reported by FT


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