Wednesday, 5 August 2020

Millions of Workers Fled India’s Cities and Don’t Want to Return

From March through May, around 10 million migrant workers fled India’s megacities, afraid to be unemployed, hungry and far from family during the world’s biggest anti-Covid lockdown. Now, as Asia’s third-largest economy slowly reopens, the effects of that massive relocation are rippling across the country. Urban industries don’t have enough…

Couple suspected of coronavirus relief fraud caught fleeing the country

US states see spikes in unemployment fraud States like Massachusetts and Washington have reported a rise in cases of unemployment fraud, amounting to millions in fraudulent claims paid. FOX Business’ Edward Lawrence with more. A Virginia couple has been arrested for allegedly submitting false loan applications under the Paycheck Protection Program which resulted…

Australia’s Cotton Areas Shrink to the Least Since the 1970s

For a fresh perspective on the stories that matter for Australian business and politics, sign up for our new weekly newsletter. Australia’s cotton crop area has plunged to the smallest in four decades as years of drought slashed growers’ access to water and prevented planting. As picking in the country finishes…

Polish President Forced Into Runoff Vote in Re-Election Bid

Polish President Andrzej Duda won the first-round vote in his bid for re-election, but he failed to clinch an outright victory and will face Warsaw’s mayor in a July 12 runoff, an exit poll showed. Duda won 41.8% of Sunday’s ballot, followed by 30.4% for opposition candidate Rafal Trzaskowski, according…

Foreign travel boost as UK gives green light to overseas trips

Travel operators have reported a big rise in bookings and inquiries about international holidays as UK holidaymakers rush to book Mediterranean breaks after the government gave the green light to overseas trips from early next month. TravelSupermarket, the holiday price comparison site, said this weekend had been the busiest for…

Zimbabwe’s New Currency System Adequately Funded: Central Bank

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter Zimbabwe has sufficient foreign currency reserves to sustain the reintroduced foreign currency auction system, the state-run Sunday Mail reported, citing Central Bank Governor John Mangudya. Mangudya said local lenders have almost $1 billion in their Foreign Currency…

Starbucks pausing all social media ads as pressure on Facebook, Twitter grows

Zuckerberg: Facebook will prohibit hate speech in its ads Facebook CEO Mark Zuckerberg announces the company will prohibit hate speech in its ads in response to customers pulling their advertisements. Starbucks is pausing all ads on social media because it believes "more must be done to create welcoming and inclusive online…

Miffed? You can change your insurer

Portability offers a choice but before taking the leap, here are some points to note Recently, Gaurav Gupta, a 36-year-old professional thought of porting his 4-year-old health insurance plan as he was not happy with the services offered by his current insurer. The dissatisfaction began a few months back with…

Israel Orders U.S.-Based GOD TV Off Air

Follow us @middleeast for more news on the region. Jerusalem (AP) — Israeli regulators on Sunday announced they ordered a U.S.-based evangelical broadcaster taken off the air, saying the channel hid its missionary agenda when it applied for a license. In his decision, Asher Biton, the chairman of the Cable…