reports

Apple reports flat revenue and does not offer guidance because of coronavirus uncertainty

Apple did not issue guidance for the quarter ending in June, as it usually does. The company withdrew guidance for its second-quarter in February as the Covid-19 coronavirus spread in China.




reports

Disney reports 58% drop in operating income from parks and cruises, its worst-hit segment

This is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman.




reports

Wendy's shares jump after company reports US same-store sales picking up as customers return

Wendy's reported that its U.S. same-store sales are rebounding after plunging in March and the first half of April.




reports

Lyft shares jump 15% as company reports more riders than last year despite coronavirus

Lyft reports its first-quarter results on Wednesday after the bell.




reports

U.S. rail carload and intermodal volumes see steep declines in April, reports AAR

U.S. rail carloads in April—at 980,535—were off 25.2%, or 329,693 carloads, annually, and intermodal containers and trailers—at 1,095,423—slipped 17.2%, or 227,165 units.




reports

Covid-19: Air France-KLM reports €815 million first-quarter operating loss

Two weeks of coronavirus shutdown were enough to hit Air France-KLM with an 815 million-euro ($880 million) first-quarter operating loss, the airline group said on Thursday - predicting demand could take "several years" to recover.




reports

Brazil reports new daily record for Covid-19 deaths as country’s cases exceed 145,000

Brazil, the country in Latin America that has been hardest hit by the coronavirus crisis, said Friday it had reached a new daily record for COVID-19 fatalities with 751 deaths.




reports

N. Korean media silent on Kim Jong Un's health after surgery reports

North Korean state media on Wednesday made no mention of new appearances by leader Kim Jong Un, a day after intense international speculation over his health was sparked by media reports he was gravely ill after a cardiovascular procedure.




reports

New Zealand reports no new coronavirus cases

New Zealand on Monday recorded no new cases of the coronavirus for the first time since March 16 and less than a week after the Pacific nation ended a strict lockdown that appears to have contained the outbreak.




reports

Reports of an insect apocalypse are overblown but still concerning

While an alarming 9 per cent of insects on land are being lost each decade, the state of the world’s insects is much more nuanced than warnings of an insect apocalypse




reports

BBC News - Special reports




reports

Coronavirus outbreak: Mumbai reports highest COVID-19 deaths in a day

Mumbai on Tuesday reported the highest death toll due to COVID-19 in a single day. There was a significant increase in the number of cases in Aurangabad and Malegaon. State health officials recorded 729 new cases in Maharashtra and 31 deaths, taking the state's total to 400 deaths. Apart from 25 deaths in Mumbai, four were recorded in Jalgaon and two in Pune. Maharashtra now has 9,318 postive cases.

393 new cases in city
Civic officials said a total of 25 deaths were reported in the city on Tuesday. Of these, five died between April 23-25, and 17 of them were suffering from other ailments. According to the civic body, 393 new infections were confirmed in the city on Tuesday. The patients are admitted in isolation wards and are undergoing treatment.

After a dip in the number of cases, the COVID-19 count rose in G North ward with 42 new cases in Dharavi, five in Mahim and four in Dadar. Four deaths were also reported in Dharavi. Civic officials said two of the patients who died — a 60-year-old man and a 60-year -old woman — had tested positive earlier and died at Sion Hospital while undergoing treatment.

Total 18 deaths in Dharavi so far
Two other patients — a 48-year old man from Kasarwadi and a 55-year-old man from Social Nagar in Dharavi — were confirmed to have contracted the deadly respiratory disease and died at KEM Hospital on Tuesday. As of now, a total of 330 positive cases and 18 deaths have been reported from Dharavi.

Civic officials said that seven of the infected people are residents of 90 feet road, while four others are from Mukund Nagar, and majority of them were aged below 60 years. In Mahim, a 35-year-old female resident of the police colony tested positive and the total number of cases in the area has jumped to 30. In Dadar, two 44 -year-old male residents of the municipal quarters and a 47-year-old woman from the police colony have tested positive.

On Monday, four staffers from the Mantralaya had tested positive. After tracing their contacts, civic officials said that they identified around 25 high-risk contacts and all of them have been tested. Their test results, however, are still awaited. Meanwhile, one COVID-19 patient with severe symptoms was given plasma therapy that will help the patient fight the infection.

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Coronavirus outbreak: BMC reports its first COVID-19 casualty

Mumbai continued to record a spike in COVID-19 deaths on Wednesday, with the health department confirming 26 casualties, including a first victim in the BMC. The 49-year-old official, who was involved in food distribution in Dharavi — one of the worst hit zones in the city, died on Wednesday.

The civic official was part of the Assessment Department and deputed to the G North ward where he was exposed to the infectious disease. "He had been unwell since April 23 and had stopped coming to work. He had gone to a private practitioner in Borivli where he was treated for pneumonia. He died on his way to Kasturba Hospital from Borivli on Wednesday," said Kiran Dighavkar, assistant municipal commissioner of G North ward.

Dighavkar added that his samples were collected for testing on April 27 and the results came back positive after his demise. He is survived by two sons, and his family members are also being tested, said civic officials.

Across Maharashtra, a total of 597 new infections were reported on Wednesday, taking the total number of confirmed cases in the state to nearly 10,000, state health department officials said. Of the 597 new cases, 475 were from Mumbai, taking the total count in the city to 6,644.

Total number of deaths due to COVID-19 climbed to 432, with the state recording 32 new fatalities on Wednesday. Besides 26 in Mumbai, one death was confirmed in Panvel, three in Pune and one each in Solapur and Aurangabad. Civic officials said 10 of the 26 deaths took place last week and were confirmed on Wednesday.

Meanwhile, the COVID-19 cases continued to increase in Dharavi, with 14 new confirmed infections on Wednesday. The total tally in the area now stands at 344. In Mahim, three people, including a 52-year-old male resident of the police colony and a 48-year-old man who lived near the police station, have been found to be COVID-19 positive.

Test reports of 23 high-risk contacts of the four officials from Mantralaya, who had tested positive, have come back negative. At Bombay Hospital, another nurse, 45, has tested positive. An official from the hospital said that the nurse, a resident of Kandivli, was not working in the isolation ward. She has no symptoms of the novel Coronavirus and has been admitted at the hospital, he added.

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Aamir Khan dismisses reports of distributing money in wheat bags, clarifies on Twitter

The Indian economy has suffered a major setback due to the Coronavirus pandemic and the underprivileged section of the society has to be taken care of financially. Amid this catastrophe, it was reported a few days ago that Bollywood Superstar Aamir Khan distributed money in wheat bags to help the needy. And there were a lot of reports doing the rounds about his donation.

Additionally, the video mentions that within each packet of flour, there was Rs 15,000 hidden in cash and that the truck was sent by Aamir Khan. However, the actor has taken to his Twitter account to clarify once and for all that he was not the one behind these donations and stated that maybe the real Robin Hood doesn't want to reveal himself.

This is what he wrote- "Guys, I am not the person putting money in wheat bags. Its either a fake story completely, or Robin Hood doesn't want to reveal himself!
Stay safe.
Love.
a." (sic)

Have a look right here:

Last night, on May 3, he, however, did participate in the I for India concert to raise money for the unsung heroes who are fighting the pandemic. Accompanying him was his wife Kiran Rao and one of the actor's fan-clubs posted on its Instagram account to share the video of them singing together. Have a look:

As soon as the lockdown ends, Khan will get busy with the shooting of Laal Singh Chaddha, which is slated to release this year on Christmas and also stars Kareena Kapoor Khan.

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Coronavirus Outbreak: India reports 1,211 fresh cases of COVID-19, total count jumps to 10,363

New Delhi: With 1,211 fresh cases of coronavirus reported in the last 24 hours, the total number of confirmed cases of COVID-19 in the country has reached 10,363 including 339 deaths, said Lav Aggarwal, Joint Secretary, Health and Family Welfare, here on Tuesday.

As many as 1,036 people have recovered from the disease so far, said Aggarwal during the daily media briefing on the coronavirus. "In one day, 179 people were diagnosed and found cured," he added.

"A total of 10,363 confirmed cases have been reported in India including 339 deaths and 1,036 people, who were COVID-19 positive have recovered. Out of the total deaths, 31 deaths have been reported in the last 24 hours," said Aggarwal.

Aggarwal said that an evaluation of each district and city will be done till April 20.

"An evaluation of each district and city will be done till April 20 in which it will be evaluated what measures did that authorities take in these cities and districts to combat COVID-19," he said.

"Based on the results of this litmus test approach, permission will be granted for some selective activities to those districts and cities which controlled the situation effectively. Detailed guidelines will be issued soon," he added.

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reports

Coronavirus outbreak: India reports 1,334 new COVID-19 cases, total count soars to 15,712

With 1,334 fresh cases of coronavirus reported in the last 24 hours, the total number of confirmed cases of COVID-19 in India has reached 15,712 including 507 deaths, said Lav Aggarwal, Joint Secretary, Health and Family Welfare, here on Sunday. As many as 2,231 people have recovered from the disease so far, said Aggarwal during the daily media briefing on the coronavirus. "This equals 14.1 per cent of the total cases," he added.

A total of 15,712 confirmed cases have been reported in India including 507 deaths and 2,231 people, who were COVID-19 positive, have recovered. Out of the total deaths, 27 deaths have been reported in the last 24 hours," said Aggarwal. The Joint Secretary said that no new case was reported in Mahe in Puducherry and Karnataka's Kodagu in the last 28 days.

"A total of 54 other districts beside these two in 23 States/Union Territories did not report any cases in the last 14 days," he said. He informed that there are 755 dedicated COVID-19 hospitals and 1,389 dedicated health care centres in the country, which takes the total dedicated facilities where severe or critical patients can be treated to 2,144.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




reports

Coronavirus outbreak: India reports 1,553 new COVID-19 cases, total count soars to 17,265

With 1,553 fresh cases of coronavirus reported in the last 24 hours, the total number of confirmed cases of COVID-19 in India has reached 17,265, said Lav Aggarwal, Joint Secretary, Health and Family Welfare, here on Monday.

As many as 2,546 people have recovered from the disease so far, said Aggarwal during the daily media briefing on the coronavirus. "This takes the cure percentage to 14.75 per cent," he added. "A total of 17,265 confirmed cases have been reported in India including 2,546 people have recovered. A total of 36 deaths have been reported in the last 24 hours," said Aggarwal.

Mahe in Puducherry, Kodagu in Karnataka and Pauri Garhwal in Uttarakhand have not reported any COVID-19 case in the last 28 days. "The number of districts where no case has been reported in the last 14 days has increased to 59. Goa is now COVID-19 free," he added.

Aggarwal said that the Health Ministry has expressed its views that India wants to work with G20 nations to develop the vaccine to combat COVID-19. He further said that ministry has also issued guidelines regarding precautionary measures to be adhered to in government offices.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




reports

Vizag gas leak: NDRF refutes reports of second gas leakage

New Delhi: Director-General of National Disaster Response Force (NDRF), SN Pradhan, on Friday refuted reports of a second gas leak at LG Polymers in Visakhapatnam district and clarified that it was some fumes which released during the neutralisation process.

"There are rumours in some section of media about a second gas leakage, let me categorically place on record that there is no such second leakage in Vizag. Some fumes get released during the process of neutralising. It happens during the neutralisation process. It is a technical process. That process will continue," Pradhan told ANI.

Earlier in the day, the Ministry of Home Affairs (MHA) responded to reports of another gas leak at LG Polymers in Visakhapatnam and clarified that it was a "minuscule technical leak" and the situation is under control.

"There are media reports that there was another leak. This is clarified that this was a minuscule technical leak. It is required to bring the container in control. It is been controlled and the process of neutralisation is already in process. The situation is under control," the MHA said in a statement.

Meanwhile, Pradhan said, "Few fumes get released during the neutralisation process. These fumes do not go out and mostly remain in the vicinity of the company only, but that does not mean that it's secondary leakage happened there. The smell of this gas can passes through the air little bit outside, but assessing it as a second leak is utterly wrong."

The NDRF DG appealed to the media to not to run fake news on the gas leak without cross-checking so that people do not get panic.

"The neutraliser chemical has reached the spot in good quantity and it is being used in the process. Rumour mongering must be avoided in the interest of people," he said.

Pradhan informed that experts from Pune and Nagpur, including scientists are monitoring the situation on the ground since last night.

"We are preparing a roadmap with the local administration. This work is being done jointly by the state, Centre and local administration. Tourism minister of the state also visited the spot. We are also present at the spot. Since last night, the experts from Pune and Nagpur including scientists are monitoring the situation on the ground. At the moment, our two commandants and three scientists are camping there," he explained.

"Two teams of 5th battalion of NDRF are on the ground. The situation is under control. The NDRF teams will stay back in the area until the situation is absolutely under control," Pradhan said.

On Thursday, styrene gas had leaked in the gas plant of LG Polymers in RR Venkatapuram village in Visakhapatnam district on Thursday morning, which claimed 11 lives.

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Coronavirus outbreak: China reports only 1 new COVID-19 case

China, where the deadly coronavirus first emerged in December last, reported just one COVID-19 case, the National Health Commission (NHC) said on Saturday. The death toll remained at 4,633 with no new fatality. As of Friday, the total confirmed cases on the mainland were 82,875. As many as 77,685 patients have been recovered, the NHC said.

One new imported coronavirus case was reported on Friday with no new local infection, it said. China has reported a total of 1,671 imported COVID-19 cases, including seven in critical condition. The Hubei province and its capital Wuhan, the epicentre of the virus, have not reported any coronavirus case for 28 consecutive days since April 4, local health commission said on Saturday. Hubei also lowered its COVID-19 emergency response from the highest level to the second-highest on Saturday.

The lowering of the emergency level shows a major breakthrough in Hubei's prevention and control against the coronavirus, Hubei Vice-Governor Yang Yunyan told media. Meanwhile, 20 new asymptomatic cases were reported on Friday, taking the total number of such patients to 989. Asymptomatic cases refer to people who are tested COVID-19 positive but develop no symptoms such as fever, cough or sore throat. However, they pose a risk of spreading the disease to others.

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reports

Russia reports record 10K new cases

Russia reported more than 10,000 new cases of coronavirus infections on Sunday, the first time the country's daily tally reached five figures."More than half of the 10,633 new cases reported were in Moscow, where concern is rising about whether the capital's medical facilities will be overwhelmed. Russia has recorded more than 1,34,000 coronavirus infections overall and 1,420 deaths."

150 test positive in Kabul
Afghanistan's public health ministry announced Sunday that 500 random Coronavirus tests in the capital revealed more than 150 positive results, raising fears that the virus may be spreading faster than originally thought.

Ministry spokesman Wahid Mayar called the results from Kabul "concerning" and said people must remain in their homes to slow the spread. He said the country's actual infection rate would likely increase as testing becomes more available. Afghanistan has thus far taken close to 12,000 samples, of which over 2,700 have been positive, and 85 have died.

Kabul and most other cities are in lockdown. Afghanistan has also received more than 250,000 refugees who have returned from Iran, the country hardest hit by coronavirus in the region. There are growing fears that the country's health care system, devastated by four decades of war, will be woefully unprepared for a major outbreak.

Pakistan's COVID-19 tally crosses 19,000

Pakistan's COVID-19 tally crossed 19,000 on Sunday after 989 new patients were diagnosed in the past 24 hours. The Ministry of National Health Services said 23 patients died in this period, taking the total toll to 440. The authorities so far have conducted 2,03,025 tests, including 8,716 in the last 24 hours. Prime Minister Imran Khan on Saturday said he was not sure when the anti-COVID-19 vaccine will be available and expressed fears that "we may have to live with the virus for six months or (even) a year". He said the war against the pandemic can be won by wisdom and not by using force to shut down the masses.

657 more infected in Singapore

Singapore on Sunday recorded 657 new cases, over 600 of whom are foreign workers, taking the total number of COVID-19 infections to 18,205. "The number of cases among migrant workers has been fluctuating in recent days due to clearance of backlogged cases by one laboratory," the Health Ministry said. Singapore will allow some businesses to reopen from May 12.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




reports

Tax-News.com: OECD Reports On Countries' Tax Reforms In 2016

On September 13, the OECD launched a substantial report on the tax policy reforms implemented last year by advanced nations.




reports

Tax-News.com: South African Tax Agency Reports On Tax Trends

The South African Revenue Service has released the 2017 edition of its Tax Statistics report, looking at the agency's performance over the 2013 to 2016 tax years.




reports

Tax-News.com: Singapore Reports On Tax, Compliance Work

The Inland Revenue Authority of Singapore (IRAS) has reported that revenues increased by 4.4 percent in the 2018-2019 fiscal year, in its annual report for the year.




reports

Tax-News.com: Switzerland Reports Bumper Tax Receipts For 2019

Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well.




reports

Delhi Reports Over 2,600 Chikungunya Cases Till September 17, 2016

Delhi has reported 220 new cases of dengue in the last one week while the total number of new chikungunya cases for the same period stands at 628. A




reports

Tax-News.com: EU Reports On States' Tax Reforms In 2017

The European Commission has released the 2017 edition of its survey of Tax Policies in the European Union, looking at the reforms undertaken by EU member states during the year.




reports

Tax-News.com: First Chinese 'Environment Tax' Reports Due April 1

About 260,000 businesses with operations in China will begin to be assessed for liability to the country's new environmental tax starting next month.




reports

Tax-News.com: Belgium Accepting Amendments To Filed CbC Reports

Belgium's tax agency has announced that its MyMinfin portal is now open for multinational taxpayers seeking to correct errors in filed country-by-country reports.




reports

Tax-News.com: HK, France To Share Multinationals' Country-by-Country Reports

Hong Kong has newly signed an agreement with France to automatically exchange country-by-country reports filed by multinationals.




reports

Tax-News.com: OECD Reports Progress On Harmful Tax Regimes Work

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide.




reports

Tax-News.com: Switzerland Reports Bumper Tax Receipts For 2019

Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well.




reports

Tax-News.com: IRS Reports Uptick In Advance Pricing Agreements

The US Internal Revenue Services has released its annual report on the number of advance pricing agreements and applications and made during the 2017 calendar year.




reports

Tax-News.com: US Agrees To Exchange CbC Reports With Spain

In a recent update, the Internal Revenue Service has announced that it has agreed a bilateral competent authority agreement with authorities in Spain to exchange country-by-country reports.




reports

Tax-News.com: OECD Reports Progress On Harmful Tax Regimes Work

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide.




reports

Tax-News.com: UK Reports On Adoption Of EU's DAC6 Tax Scheme Reporting Rules

On January 8, 2020, the UK Government released a policy paper setting out how the UK will temporarily adopt the "DAC 6" EU disclosure requirements on intermediaries that design or sell potentially harmful tax schemes.




reports

Tax-News.com: OECD Releases Seven Dispute Resolution Peer Review Reports

The OECD has released new stage two peer reviews on seven countries' implementation of the BEPS Action 14 minimum standard, on improving tax dispute resolution, covering Austria, France, Germany, Italy, Liechtenstein, Luxembourg, and Sweden.




reports

Patients could not Understand their Lumbar Spine MRI Reports

Radiology reports have been accessed online by an increasing number of people, finds a study. The study's findings published in the iAmerican Journal




reports

Afghanistan's Eastern Province Reports Mysterious Poisoning of 60 School Girls

Sixty girls in a Zarbia Girl School in Afghanistan's Eastern Parwan Province have been mysteriously poisoned. They were rushed to the hospital right after the incident.




reports

Hyatt Reports First-Quarter 2020 Results

CHICAGO - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported first-quarter 2020 financial results. Net loss attributable to Hyatt was $103 million, or $1.02 per diluted share, in the first quarter of 2020, compared to net i...




reports

Thailand reports three new coronavirus cases, as some restrictions ease

The new infections marked the lowest number since early March, just before the country started reporting clusters and tolls started rising.




reports

Karnataka reports 48 fresh cases of coronavirus, including 7 new cases from Bengaluru

The most number of cases were reported from Davanagere with 14 cases, while 12 of the new cases were from Uttara Kannada's Bhatkal town and 11 from Belagavi.




reports

Clarification on media reports regarding 2014 Economic Survey of Turkey

Following recent Turkish media reports, the OECD would like to clarify that it has published no recent review of Turkey. The publication of the 2014 Economic Survey of Turkey is planned for July.




reports

Improving international tax co-operation: OECD releases reports on automatic exchange and tax confidentiality

Furthering its efforts to strengthen international tax co-operation, the OECD has issued two new reports on automatic exchange and tax confidentiality. The report on automatic exchange of information describes what it is, how it works, where it stands and what challenges remain. The report on confidentiality of information exchanged examines all aspects of ensuring the protection of information exchanged for tax purposes.




reports

OECD reports new developments in tax information exchange

OECD Secretary-General Angel Gurria has presented a report to G20 Finance Ministers and Central Bank Governors that highlights measures to ensure that all taxpayers pay their fair share.




reports

OECD reports to G8 on global system of automatic exchange of tax information

The OECD has presented to G8 leaders the steps needed to create a fairer and more transparent global tax system.




reports

Global Forum on Tax Transparency: New reports review jurisdictions’ information exchange

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.




reports

OECD releases standardised electronic format for the exchange of BEPS Country-by-Country Reports

In a continued effort to boost transparency in international tax matters, the OECD has today released its standardised electronic format for the exchange of Country-by-Country (CbC) Reports between jurisdictions – the CbC XML Schema – as well as the related User Guide.




reports

Bermuda joins agreement to automatically share BEPS country-by-country reports

Bermuda became the 33rd signatory of the Multilateral Competent Authority Agreement for the automatic exchange of Country-by-Country reports (CbC MCAA), which is based on Article 6 of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and puts in place the automatic exchange framework for exchanging Country-by-Country Reports, as contemplated by BEPS Action 13.




reports

BEPS Action 13: Jurisdictions implement final regulations for first filings of CbC Reports, with over 1400 bilateral relationships now in place for the automatic exchange of CbC information

Today, a further important step was taken to implement Country-by-Country (CbC) Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports ("the CbC MCAA").




reports

OECD releases fourth round of BEPS Action 14 peer review reports on improving tax dispute resolution mechanisms

The work on BEPS Action 14 continues with today’s publication of the fourth round of stage 1 peer review reports. Each report assesses a country’s efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.