Investors witnessed a wealth erosion of Rs 5.81 lakh crore in BSE-listed companies. The market capitalisation of BSE-listed companies fell by Rs 5,81,182.15 crore to Rs 1,23,60,438 crore

Franklin Templeton shifted part of the blame for the recent winding down of six of its debt mutual funds on to capital markets regulator Securities and Exchange Board of India.

BSE Sensex tanked 723 pts, its second biggest single day fall since Narendra Modi govt took over; Salman Khan, GST, others field the blame.

The economic impact of the pandemic on India is likely to be around Rs 7-8 trillion with sectors such as trade, textiles, aviation, transport, and MSMEs facing the brunt of the impact.

Despite an increase in taxes on petrol and diesel, oil companies are still earning net marketing margins to the extent of Rs 4 per litre, which is above the normal level.

Total non-farm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 per cent, the US Bureau of Labor Statistics reported Friday.

Tata Consultancy Services (TCS) took the sharpest knock, with its valuation plunging Rs 45,535.19 crore to Rs 7,10,514.04 crore. 

At Zoetis, we understand the special bond shared between people and their pets – and the importance of keeping our canine companions happy and healthy. Today we will focus on how we care for dogs from a dermatology perspective, just one of the many core areas of focus for Zoetis.

Continuing our series about the animals we care for, let’s take a closer look at our feline friends-- cats.

Recently, Zoetis introduced our Six Areas of Responsibility, which define how we make an impact on society while creating value for our business. This article, the first in a series on our corporate social responsibility program, examines how we at Zoetis advance animal health by solving the health challenges facing our customers.

In this article, we look at recent examples of how Zoetis and our colleagues are supporting the communities where we operate.

He says he’ll move the headquarters of his electric car company out of California to Texas or Nevada.

A new report written by Nathaniel Bullard at Bloomberg New Energy Finance (BNEF) highlights the difficulties large institutional investors would have divesting from fossil fuels. What it does not specifically discuss is that these difficulties could lead to large financial losses for investors who see the difficulty of divesting as a reason to delay.

European Union negotiators are endorsing an accelerated overhaul of the bloc’s carbon market after the price of emission rights fell to levels that fail to deter polluters.

Global private capital renewable energy investments are still above $250 billion for 2013. While the final numbers are not in yet, 3rd quarter global renewable energy investments, according to Bloomberg New Energy Finance’s latest data on deals and projects, notes slightly lower global investment than in 2012 due faltering “political will to decarbonise energy mix.” They further note that the third quarter’s decline in investment will push the year’s overall investment in renewable energy and energy-smart technologies down below 2012's $281 billion. But $250+ billion ain’t shabby.

Wind and solar power producers say they're at risk of losing investment after the European Union's executive arm scrapped proposals for a mandatory target on renewable energy use in 2030.

Iceland is moving closer to plugging European homes into the volcanic island nation’s geothermal and hydropower reserves via what would be the world’s longest power cable, according to the country’s largest energy producer.

European Union negotiators are endorsing an accelerated overhaul of the bloc’s carbon market after the price of emission rights fell to levels that fail to deter polluters.

The United States and China on Sept. 3 formally joined the Paris Agreement in a ceremony in Hangzhou, China, ahead of the G20 Summit. President Obama and President Xi both deposited their country’s official instrument with United Nations Secretary, General Ban-Ki Moon.

Closing health training institutions as we did was not properly thought out.

Health authorities have warned of a further spike in infections.

Alberta Health Services has ordered two Calgary businesses to close for violating provincial COVID-19 regulations.

European astronomers have found the closest black hole to Earth yet, so near that the two stars dancing with it can be seen by the naked eye.

By Ned Parker and Jonathan Landay

WASHINGTON (Reuters) - U.S. President Donald Trump’s son-in-law and close adviser, Jared Kushner, had at least three previously undisclosed contacts with the Russian ambassador to the United States during and after the 2016 presidential campaign, seven current and former U.S. officials told Reuters.

    Those contacts included two phone calls between April and November last year, two of the sources said. By early this year, Kushner had become a focus of the FBI investigation into whether there was any collusion between the Trump campaign and the Kremlin, said two other sources - one current and one former law enforcement official.

Kushner initially had come to the attention of FBI investigators last year as they began scrutinizing former national security adviser Michael Flynn’s connections with Russian officials, the two sources said.

    While the FBI is investigating Kushner’s contacts with Russia, he is not currently a target of that investigation, the current law enforcement official said.

The new information about the two calls as well as other details uncovered by Reuters shed light on when and why Kushner first attracted FBI attention and show that his contacts with Russian envoy Sergei Kislyak were more extensive than the White House has acknowledged.

    NBC News reported on Thursday that Kushner was under scrutiny by the FBI, in the first sign that the investigation, which began last July, has reached the president’s inner circle.  

    The FBI declined to comment, while the Russian embassy said it was policy not to comment on individual diplomatic contacts. The White House did not respond to a request for comment.

Multiple attempts to obtain comment from Kushner or his representatives were unsuccessful.

In March, the White House said that Kushner and Flynn had met Kislyak at Trump Tower in December to establish “a line of communication.” Kislyak also attended a Trump campaign speech in Washington in April 2016 that Kushner attended. The White House did not acknowledge any other contacts between Kushner and Russian officials.

BACK CHANNEL

Before the election, Kislyak’s undisclosed discussions with Kushner and Flynn focused on fighting terrorism and improving U.S.-Russian economic relations, six of the sources said. Former President Barack Obama imposed sanctions on Russia after it seized Crimea and started supporting separatists in eastern Ukraine in 2014.

After the Nov. 8 election, Kushner and Flynn also discussed with Kislyak the idea of creating a back channel between Trump and Russian President Vladimir Putin that could have bypassed diplomats and intelligence agencies, two of the sources said. Reuters was unable to determine how those discussions were conducted or exactly when they took place.

Reuters was first to report last week that a proposal for a back channel was discussed between Flynn and Kislyak as Trump prepared to take office. The Washington Post was first to report on Friday that Kushner participated in that conversation.

Separately, there were at least 18 undisclosed calls and emails between Trump associates and Kremlin-linked people in the seven months before the Nov. 8 presidential election, including six calls with Kislyak, sources told Reuters earlier this month. . Two people familiar with those 18 contacts said Flynn and Kushner were among the Trump associates who spoke to the ambassador by telephone. Reuters previously reported only Flynn’s involvement in those discussions.

Six of the sources said there were multiple contacts between Kushner and Kislyak but declined to give details beyond the two phone calls between April and November and the post-election conversation about setting up a back channel. It is also not clear whether Kushner engaged with Kislyak on his own or with other Trump aides.

HOW KUSHNER CAME UNDER SCRUTINY

    FBI scrutiny of Kushner began when intelligence reports of Flynn’s contacts with Russians included mentions of U.S. citizens, whose names were redacted because of U.S. privacy laws. This prompted investigators to ask U.S. intelligence agencies to reveal the names of the Americans, the current U.S. law enforcement official said.

Kushner’s was one of the names that was revealed, the official said, prompting a closer look at the president’s son-in-law’s dealings with Kislyak and other Russians.

    FBI investigators are examining whether Russians suggested to Kushner or other Trump aides that relaxing economic sanctions would allow Russian banks to offer financing to people with ties to Trump, said the current U.S. law enforcement official.

    The head of Russian state-owned Vnesheconombank, Sergei Nikolaevich Gorkov, a trained intelligence officer whom Putin appointed, met Kushner at Trump Tower in December. The bank is under U.S. sanctions and was implicated in a 2015 espionage case in which one of its New York executives pleaded guilty to spying and was jailed.

The bank said in a statement in March that it had met with Kushner along with other representatives of U.S. banks and business as part of preparing a new corporate strategy.

    Officials familiar with intelligence on contacts between the Russians and Trump advisers said that so far they have not seen evidence of any wrongdoing or collusion between the Trump camp and the Kremlin.  Moreover, they said, nothing found so far indicates that Trump authorized, or was even aware of, the contacts.

    There may not have been anything improper about the contacts, the current law enforcement official stressed.

    Kushner offered in March to be interviewed by the Senate Intelligence Committee, which is also investigating Russia’s attempts to interfere in last year’s election.

The contacts between Trump campaign associates and Russian officials during the presidential campaign coincided with what U.S. intelligence agencies concluded was a Kremlin effort through computer hacking, fake news and propaganda to boost Trump’s chances of winning the White House and damage his Democratic opponent, Hillary Clinton.

 (Reporting by Ned Parker and Jonathan Landay; Additional reporting by John Walcott, Warren Strobel and Phil Stewart in Washington; Editing by Kevin Krolicki and Ross Colvin)

On Monday, the Intercept published a classified internal NSA document noting that Russian military intelligence mounted an operation to hack at least one US voting software supplier—which provided software related to voter registration files—in the months prior to last year's presidential contest. It has previously been reported that Russia attempted to hack into voter registration systems, but this NSA document provides details of how one such operation occurred.

According to the Intercept:

The top-secret National Security Agency document, which was provided anonymously to The Intercept and independently authenticated, analyzes intelligence very recently acquired by the agency about a months-long Russian intelligence cyber effort against elements of the US election and voting infrastructure. The report, dated May 5, 2017, is the most detailed US government account of Russian interference in the election that has yet come to light.

While the document provides a rare window into the NSA's understanding of the mechanics of Russian hacking, it does not show the underlying "raw" intelligence on which the analysis is based. A US intelligence officer who declined to be identified cautioned against drawing too big a conclusion from the document because a single analysis is not necessarily definitive.

The report indicates that Russian hacking may have penetrated further into US voting systems than was previously understood. It states unequivocally in its summary statement that it was Russian military intelligence, specifically the Russian General Staff Main Intelligence Directorate, or GRU, that conducted the cyber attacks described in the document:

Russian General Staff Main Intelligence Directorate actors … executed cyber espionage operations against a named U.S. company in August 2016, evidently to obtain information on elections-related software and hardware solutions. … The actors likely used data obtained from that operation to … launch a voter registration-themed spear-phishing campaign targeting U.S. local government organizations.

Go read the whole thing.

Only Reliance Industries and Bharti Airtel managed to close the trading week with gains.

The London Royal Ravens lost the first map against the Atlanta FaZe on Saturday and were denied a chance to restart despite the fact they had to play shorthanded because Matthew "Skrapz" Marshall was not in his seat at the start of the match.

Saskatchewan announced nine new COVID-19 cases and five more recoveries on Saturday, bringing its total number of cases to 553 as the province enters week two of its plan to gradually reopen.

Paris, May 10: French tennis chief Bernard Guidicelli admitted Sunday (May 10) that Roland Garros, already controversially pushed back four months due to the coronavirus, could be staged behind closed doors. Guidicelli, who said that the French federation (FFT) had

With the new NRL season set to re-launch in 20 days Fox League takes a look at the pressure point issues guaranteed to make headlines once the football returns.

The NRL is charging towards its May 28 return, and some other key overseas competitions will be back even sooner as live sport starts to emerge out of the coronavirus crisis.

There were no fans present but plenty of masks and sanitiser, as UFC got back underway after the coronavirus shutdown with a behind-closed-doors event in Florida.

The firm's portfolio companies in SEA include Grab, Berry Kitchen, and goKampus, among others.

The post Silicon Valley-based Sovereign’s Capital closes $60m fund for SEA push appeared first on DealStreetAsia.

The first close represents one-third of the fund’s $800-million target.

The post PE firm Northstar makes first close of Indonesia-focused fifth fund appeared first on DealStreetAsia.

Nico Rosberg is hoping Mercedes' rivals can make a step up and start providing some competition this weekend in Malaysia and is particularly looking forward to Ferrari driver Sebastian Vettel joining in on his Friday debrief

The museums of Europe have begun reopening their doors to art lovers desperate to see old favourites and new works

I am cursing my bad luck not to be stuck in lockdown in the Prado. A friend wishes she had stowed away in a closet before they bolted the doors of the National Gallery. Others would give anything for a week in the Rijksmuseum, a day in the Uffizi, an hour with Rembrandt or Vermeer, even just a few minutes with a Samuel Palmer moonscape in the Ashmolean or a Turner sunrise at Tate Britain. Museums are places of the heart.

We see art in time and place; we cannot see it otherwise. Of course there are other whereabouts of the works we most long to set eyes on again, during this evil pandemic: the cave paintings at Chaumet in France, Fra Angelico’s Annunciation in a Florentine monastery, Robert Smithson’s Spiral Jetty coiled in the glistening waters of the Great Salt Lake in Utah. These were all chosen in an unofficial and entirely self-selecting Twitter survey (mine), along with Leonardo’s The Last Supper and James Turrell’s Deer Shelter Skyspace, framing the blue heavens above Yorkshire Sculpture Park.

Two players and a photographer remember what it was like to face Castilla at an empty Upton Park in 1980

At half-time West Ham’s former chairman Len Cearns was sent on a futile mission by his fellow directors. They wanted him to go down to the home dressing room to ask John Lyall if there was any way his team could possibly remember that the foul language being used in the heat of battle was floating away from the pitch, rattling around the empty terraces and causing some discomfort for the people sitting in the posh seats.

“There was a lot of swearing going on in the game,” Alvin Martin says as he recalls West Ham hosting a European tie behind closed doors in the autumn of 1980. “You don’t realise it. You’re communicating in a factory way.”

Volunteers who help the British Grand Prix run smoothly want to get back trackside but questions remain on safety and testing

“We are like one big family,” says Carolyn Doyle of the bond between the marshals of the British Grand Prix. “We are there because we love it and we want to achieve the same thing – that’s what makes it really special.”

Much as it does bring great pleasure to this selfless collective, the sport knows their presence is invaluable. As Silverstone considers hosting two consecutive races behind closed doors in July, the volunteer marshals are having to consider the new realities imposed on Formula One by the coronavirus crisis.

Indian cricket icon Sachin Tendulkar has donated an undisclosed amount to financially help 4,000 underprivileged people, including children from Brihanmumbai Municipal Corporation (BMC) schools, amid the COVID-19 pandemic. Tendulkar made the donation to the Hi5 Foundation, a non-profit organisation based out of Mumbai.

"Best wishes to team Hi5 for your efforts in supporting families of daily wage earners," Tendulkar tweeted. The organisation, through a tweet, thanked Tendulkar for doing his bit for the needy. "Thanks @sachin_rt for proving once again that #sports encourages compassion! Your generous donation towards our #COVID19 fund enables us to financially aid 4000 underprivileged people, including children from @mybmc schools. Our budding sportspersons thank you, Little Master!"

The legendary batsman had earlier contributed Rs 25 lakh each to Prime Minister's Relief Fund and Chief Minister's Relief Fund for the country's fight against COVID-19. Tendulkar had earlier pledged to bear the cost of feeding 5,000 people for a month in a couple of areas in Mumbai.

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