Mike Mackenzie’s daily analysis of what’s moving global markets

Analysts fear unintended consequences of central bank’s vast foreign-currency holdings

Guillaume Faury tells employees in letter that lockdown threatens manufacturer’s existence

Hedge fund calls for court investigation into 2018 transfer of MyTheresa

German airline looks at procedure similar to Chapter 11 bankruptcy amid dispute over bailout conditions

Central African Republic has just three ventilators for its 5m people

As corporate insolvencies soar and firms try to hang on to their cash as long as possible, expect to hear a lot more about trade credit insurance.

Euler Hermes has written to some brokers, saying it will offer less support in the UK if the government does not agree to backstop trade credit insurers. 

Healthcare tech group chief calls estimate to deal with coronavirus ‘conservative’ as it boosts medical equipment production

Billionaire CQS trader hurt by exposure to default-ridden energy sector

US stocks shake off loan loss warnings from country’s largest banks

Jean Pierre Mustier’s nascent turnround derailed as bank slips to first-quarter loss

Cardholders will receive 3 per cent cashback on fuel

Move to capitalise on dislocations across market stemming from coronavirus pandemic

Products vital to combat coronavirus could become more expensive and scarce

AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7 million in funding. The seed round is backed by VC funds Change Ventures, Vereeni Early Stage Fund, BENE Asia Capital, and Lemonade Stand. In addition, a number of tech entrepreneurs from Estonia participated, such as […]

Direct payments should be made to citizens and companies

Traditionally dominated by big players like Adobe and Autodesk, the world of design has been flush with a newer wave of startups that are creating collaboration spaces and new cloud-based tools designed to address the needs of creatives. Today, two of those players are combining. Dribbble, an online community for designers that lets them post […]

The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the idea of divestment, and five years later, in the middle of a health pandemic with related threats of a global economic depression looming over us, […]

With unemployment growing at a worrying rate, we’re seeing a lot more people finding themselves in hot water when it comes to their finances. Today a startup that’s built a platform to help identify and help those users when they find themselves unable to make payments is announcing a very large growth round of funding […]

Microsoft and Amazon are at it again as the fight for the Defense Department JEDI contract continues. In a recent series of increasingly acerbic pronouncements, the two companies continue their ongoing spat over the $10 billion, decade-long JEDI contract spoils. As you may recall (or not), last fall in a surprise move, the DoD selected […]

Got something in your medical history that first responders should know about if you call 911? Things like known drug allergies, or the medications you’re on? The iPhone and Apple Watch will soon be able to share this information with first responders automatically (if you opt to let it do so). When a user with […]

There is a major change ahead for LinkedIn, the social network for the working world, now with 675 million members. Jeff Weiner, who has been leading the company as CEO for the past 11 years, is stepping down on June 1, 2020. His new role will be executive chairman. Ryan Roslansky, who is currently head […]

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Jeff Weiner will step down as CEO of LinkedIn June 1, product head Ryan Roslansky steps up The changes are LinkedIn’s […]

In an unprecedented move to reassure customers and flag the potential for misinformation about COVID-19 on their platforms, all of the major social media companies and their parent corporations issued a joint statement on their efforts. “We invite other companies to join us as we work to keep our communities healthy and safe,” the statement […]

Like many other websites at the moment, the career-oriented networking platform LinkedIn has seen a big boost in traffic as a result of people being asked to work from home and stay indoors overall to slow the spread of the coronavirus, with a bump of 55% more conversational activity between existing connections in recent weeks. […]

LinkedIn has no plans to make COVID-related layoffs until at least the end of June 2020, the professional network has confirmed to TechCrunch. This announcements comes after Salesforce CEO Marc Benioff’s pledge last month to have no significant layoffs for the next 90 days. Other business leaders such as Bank of America’s CEO Brian Moynihan […]

When I first met Bustle Digital Group’s Jason Wagenheim, New York City was just beginning to go into lockdown. The BDG offices were empty thanks to the company’s newly instituted work-from-home policy, but it still seemed reasonable to meet in-person to learn more about BDG’s broader vision. At the time, Wagenheim — a former Fusion […]

Microsoft and Amazon are at it again as the fight for the Defense Department JEDI contract continues. In a recent series of increasingly acerbic pronouncements, the two companies continue their ongoing spat over the $10 billion, decade-long JEDI contract spoils. As you may recall (or not), last fall in a surprise move, the DoD selected […]

Got something in your medical history that first responders should know about if you call 911? Things like known drug allergies, or the medications you’re on? The iPhone and Apple Watch will soon be able to share this information with first responders automatically (if you opt to let it do so). When a user with […]

Microsoft and Amazon are at it again as the fight for the Defense Department JEDI contract continues. In a recent series of increasingly acerbic pronouncements, the two companies continue their ongoing spat over the $10 billion, decade-long JEDI contract spoils. As you may recall (or not), last fall in a surprise move, the DoD selected […]

The combination of rents and retail is toxic in a coronavirus-wracked world

Got something in your medical history that first responders should know about if you call 911? Things like known drug allergies, or the medications you’re on? The iPhone and Apple Watch will soon be able to share this information with first responders automatically (if you opt to let it do so). When a user with […]

At the end of March, a coalition of grassroots UK tech initiatives came together to coordinate the key groups of tech industry people supporting the UK’s response to the coronavirus. The Code4Covid.org initiative came out of a milieu of other projects such as Covidmutualaid.org and Covid Tech Support, but it was the CoronavirusTechHandbook (CTH), an initiative […]

Microsoft and Amazon are at it again as the fight for the Defense Department JEDI contract continues. In a recent series of increasingly acerbic pronouncements, the two companies continue their ongoing spat over the $10 billion, decade-long JEDI contract spoils. As you may recall (or not), last fall in a surprise move, the DoD selected […]

We’ll admit it: Some of your Original Content podcast hosts are a little skeptical about improvised comedy. Of course, we can enjoy improv when it’s done well. It’s just that we’ve seen it done less well, often by friends who are so enthusiastic without being particularly funny. And our friends aside, live improv has rarely […]

International Monetary Fund (IMF) Managing Director Kristalina Georgieva and WTO Director-General Roberto Azevêdo issued a joint call on 24 April for governments to refrain from imposing export and other trade restrictions on key medical supplies and food and to quickly lift those put in place since the start of the year.

The WTO Secretariat has published a new report on the treatment of medical products in regional trade agreements (RTAs) amid current supply shortages caused by the COVID-19 pandemic. The report examines the extent medical products are traded among preferential partners and the difference in liberalization rates within and outside these trade agreements.

EIA releases the findings of the Annual Energy Outlook 2020 with long-term projections of U.S. energy supply, demand, and prices, including cases with different assumptions about macroeconomic growth, world oil prices, and technological progress. The event will feature a presentation by EIA Administrator Dr. Linda Capuano followed by a panel discussion on the challenges and market trends facing the electricity sector.

EIA will present results from four alternative policy scenarios to the Annual Energy Outlook 2020 (AEO2020) published in an Issue in Focus article. The article and the presentation will examine the potential effects of a range of alternative energy policies on the future U.S. electric power sector through 2050.

We’ll admit it: Some of your Original Content podcast hosts are a little skeptical about improvised comedy. Of course, we can enjoy improv when it’s done well. It’s just that we’ve seen it done less well, often by friends who are so enthusiastic without being particularly funny. And our friends aside, live improv has rarely […]

The world has changed dramatically since May 2019 when we last surveyed venture capitalists about the trends they were seeing in media, entertainment and gaming. Since then, COVID-19 and the resulting physical distancing measures have created plenty of demand for companies helping to inform and entertain us as we’re stuck at home. At the same […]

When I first met Bustle Digital Group’s Jason Wagenheim, New York City was just beginning to go into lockdown. The BDG offices were empty thanks to the company’s newly instituted work-from-home policy, but it still seemed reasonable to meet in-person to learn more about BDG’s broader vision. At the time, Wagenheim — a former Fusion […]

Australia’s four major banks delivered combined underlying cash earnings of $15.5 billion for the first-half to March 2015.

Australian entertainment and media market is forecast to grow to $43.4 billion by 2019, a compound annual growth rate of 4.2 percent.

A lack of diversity in Australia's media and entertainment workforce in terms of ethnicity, gender, age and thinking is dragging on the industry's growth, according to a PwC report released today.

About a year ago, Microsoft launched Visual Studio Online, its online code editor based on the popular Visual Studio Code project. It’s basically a full code editor and hosted environment that lives in your browser. Today, the company announced that it is changing the name of this service to Visual Studio Codespaces. It’s also dropping […]

1. Dhoni turns up in video with daughter, his appearance inspires memes on social media  The Indian Express
2. ‘Please do not use it’: Matthew Hayden reveals MS Dhoni’s reaction on his ‘mongoose bat’  India Gone Viral
3. Watch: MS Dhoni's New Look Sends Twitter Into A Frenzy  NDTV Tamil
4. WATCH: A grey-bearded MS Dhoni enjoys playtime with Ziva Dhoni inside his Ranchi farmhouse  DNA India
5. MS Dhoni makes fun of Suresh Raina in this priceless video posted by CSK; watch - Republic World  Republic World
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1. Redmi K30 5G Speed Edition with new Snapdragon 768G SoC to launch on May 11th  91mobiles
2. Snapdragon 768G is real, specs leak online - GSMArena.com news  GSMArena.com
3. Xiaomi may have teased new Snapdragon 768G chip  Android Authority
4. Qualcomm's newest Snapdragon 768G chip will make its debut alongside the Redmi K30 5G Speed Edition on May 11th  Notebookcheck.net
5. Redmi K30 5G Speed Edition With Snapdragon 768G Is Now Official  Gizchina.com
6. View Full coverage on Google News

1. Trump admin working to temporarily ban work-based visas: Report  The Newsopedia
2. US lawmakers want H-1B visas and foreign students internship suspended to protect American jobs  Times of India
3. US likely to temporarily ban work-based visas like H-1B due to rise in unemployment  Zee News
4. 5 US lawmakers ask Trump to suspend new H-1B visas  The Tribune India
5. COVID-19 impact | Anxious H-1B visa holders don't know what is next in store  Moneycontrol
6. View Full coverage on Google News