The best pool floats you can buy

Is there a better way to celebrate bright and balmy days than lazily drifting in your swimming pool, drink in hand, and sunscreen slathered on your nose? With any of these durable and stylish pool floats, you'll be weightless on the water without a care in the world. Read more: The best pool toys and games you can buy It's […]

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World Bank calls on creditors to cut poorest nations’ debt payments

Private sector lenders to some of the world’s poorest countries should agree plans to reduce debt payments or risk turning the Covid-19 pandemic into a deeper economic crisis, the World Bank has said. Speaking before the start of the G20 finance ministers meeting this weekend, the bank’s chief economist, Carmen Reinhart, said banks and hedge funds that lend to the […]

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5 ways to stop panicking about your retirement savings and feel confident you'll have enough cash

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. When they first retired, my parents lived a simple life and tried to conserve their money because they were afraid […]

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U.S. shatters coronavirus record with over 77,000 cases in a day

The U.S. shattered its daily record for coronavirus infections on Thursday, reporting more than 77,000 new cases as the number of deaths in a 24-hour period rose by nearly 1,000, according to a Reuters tally. The loss of 969 lives was the biggest increase since June 10, with Florida, South Carolina and Texas all reporting their biggest one-day spikes on […]

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Global PC Shipments Rebound In Q2 Amid COVID-19 Pandemic

Global PC shipments returned to growth in the second quarter of 2020 after seeing a significant decline in the preceding first quarter due to COVID-19 related supply-chain disruptions, according to reports by two research firms. The PC market returned to growth in the quarter as production ramped up and vendors restocked their supplies to near-normal levels. The International Data Corporation […]

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The black African businesses being overlooked by white US investors

“Sorry for asking, but do you understand that the money belongs to the company and is not your personal fund?” When Jesse Ghansah saw this question in an email from a prominent white investor in San Francisco while fundraising for his first startup four years ago, he refused the deal. The 28-year-old Ghanaian entrepreneur and his co-founder found it condescending […]

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Pompeo: US 'looking at' banning TikTok

Hong Kong (CNN Business)The Trump administration is reportedly considering a ban on travel to the United States by all members of the Chinese Communist Party and their families. That could have major consequences for China’s wealthiest entrepreneurs and business leaders. The draft of the order — the existence of which was first reported by the New York Times, citing four […]

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A Sebi move that will help companies stay in survival mode

Sebi’s move to reduce time period required between subsequent QIPs to two weeks would help companies raise capital at regular intervals and time their share sale better. Several listed companies are making most of the relaxed capital raising norms by market regulator Securities and Exchange Board of India (Sebi). But concerns remain where the promoters have neither the capacity nor […]

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British Airways retires Boeing 747 fleet as Covid-19 hits travel

British Airways has announced it will immediately retire its entire fleet of Boeing 747 planes after the downturn in travel sparked by the coronavirus outbreak. It will mean taking all 31 of the planes out of its wider fleet of 300 aircraft, more than three years earlier than planned. British Airways to sell art collection to ease Covid-19 pressures The […]

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China's banks brace for more bad loans as coronavirus-hit economy slows

China's financial regulator warned over the weekend that commercial banks could experience a big jump in bad loans as the coronavirus pandemic exacerbated a slowdown in the country's economic growth. Analysts said a rise in bad loans is set to squeeze margins and reduce profits in Chinese banks in the coming quarters. Smaller banks are expected to feel the pressure more, according […]

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