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Trump brand takes another hit

Sears Holdings, the company that owns retail stores Sears and Kmart, said this weekend that it would remove 31 Trump-branded items from its website.




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Indian rival slams Uber's business model

Uber's top rival in India has some unsolicited advice for the U.S. startup: Go local.




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Oil prices have doubled in a year. Here's why

The price of crude oil has more than doubled over the past year after bottoming out at $26 per barrel in February 2016.




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Mexico ready to retaliate by hurting US farmers

Mexican Senator Armando Rios Piter told CNN that he plans to introduce a bill this week that would stop Mexican purchases of American corn.




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Joe Biden Denies Sexual-Assault Allegation

Democratic presidential candidate Joe Biden denied an allegation by former staffer Tara Reade that he sexually assaulted her 27 years ago. In an interview on MSNBC, Biden said “unequivocally, it never happened.” Photo: MSNBC's Morning Joe via AP




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During Suffrage Anniversary, Wyoming Women Aim to Boost Representation

Wyoming passed a suffrage bill 50 years before the 19th Amendment, but the Equality State is struggling to live up to its nickname. WSJ’s Shelby Holliday meets the women working to boost female representation. Photo illustration: Laura Kammermann




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For a Nebraska City, Essential Employees Work as Virus Fears Grow

Industrial businesses in one Nebraska city implement safety procedures and adapt to social distancing guidelines in order to keep the doors open during the coronavirus pandemic. WSJ’s Erin Ailworth reports from Grand Island, Neb. Photo: Erin Ailworth




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New York City Schedules Nightly Subway System Shutdown to Combat Virus

In an effort to halt the spread of the coronavirus, New York City has begun suspending service to its entire subway system nightly between 1 a.m. and 5 a.m. so cleaning crews can disinfect its thousands of trains. Photo: Spencer Platt/Getty Images




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Polling in five states in April-May; Bengal will vote on seven days

Votes polled in all five states will be counted on May 19




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NOTA with symbol to debut in state assembly polls

The symbol will appear against the NOTA option in the last panel on all EVMs and ballot papers.




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Battle for states begins on April 4

These states account for 116 seats in the Lok Sabha




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In election season, alliances can't be far behind

Assam, West Bengal, Kerala, Tamil Nadu and Puducherry are getting ready for Assembly polls. Who is doing deals with whom and what do they all mean? Business Standard decodes the politics




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Puducherry assembly polls: DMK announces candidates for 9 seats

As per the seat-sharing agreement between Congress and DMK, Congress will contest from 21 seats and DMK from nine




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Puducherry assembly polls: DMK MLA Nazeem faces tough battle as he aims for sixth consecutive term

Nazeem, first elected to the assembly from Karaikal as a 29-year old DMK worker in 1991, retained the seat in all subsequent elections




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Assembly polls: Campaigning ends in Kerala, Tamil Nadu and Puducherry

The assembly elections will conclude on May 19, when the results will be declared




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Assembly polls: Voting begins in Puducherry today

Important candidates in the fray are CM Rangasamy seeking re-election from Indira Nagar and Leader of the Opposition V Vaithilingam




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PM urges people of TN, Kerala & Puducherry to vote in record numbers

Modi's tweet in the morning adjured people to be a part of 'festival of democrtacy'




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Puducherry Assembly polls: Over 30% voting recorded so far

The main fight is between the Congress-DMK combine and the ruling All India NR Congress (AINRC)




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Counting of votes begins in Puducherry

A total of 344 candidates, including 96 independents, are in the fray in the polls held on May 16




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Puducherry Assembly polls: Congress wins 4 seats, AINRC bag one

Early trends showed the AINRC and Congress in a neck-and-neck race




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Opinion: The Rebellion Against the Coronavirus Lockdown

Main Street: Ordinary Americans protesting to reopen the economy face only contempt from elites. Images: AFP/Getty Composite: Mark Kelly




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Opinion: Joe Biden, Al Franken and Democratic Double Standards

Main Street: Democrats learn the #MeToo standard is impossible to sustain without hypocrisy. Images: Bloomberg/EPA-EFE/Shutterstock/Zuma Press Composite: Mark Kelly




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US agency allows non-immigrants to remain beyond authorised period of stay

A US-based immigration agency has allowed non-immigrants to "unexpectedly remain" beyond their authorised period of stay due to COVID-19 outbreak.The United States Citizenship and Immigration Services (USCIS), an agency of the Department of Homeland Security (DHS), which administers the country's naturalisation and immigration system, said that amid such conditions, most non-immigrants can timely file an application for the extension of their stay or change in status.The agency stated that application forms and petitions are available on its online website."Where applicable, employment authorisation with the same employer, subject to the same terms and conditions of the prior approval, is automatically extended for up to 240 days after I-94 expiration when an extension of stay request is filed on time," the agency said.The USCIS has granted the flexibility to non-immigrant workers for filing late applications as the spread of the virus continues to keep daily lives at a standstill.The




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North Korea fires barrage of cruise missiles on eve of founder's birthday

North Korea on Tuesday morning fired a salvo of suspected cruise missiles towards the Sea of Japan, also known as the East Sea, according to South Korea's Joint Chiefs of Staff (JSC).The "multiple projectiles" fired from Munchon in eastern Kangwon province were believed to be "surface-to-ship cruise missiles," the JCS said in a statement cited by Al Jazeera.The missiles flew for approximately 150 kilometres (93 miles) before splashing into the waters off the east coast.The launches come on the eve of the birthday of North Korea's founder Kim Il Sung and South Korea's general elections.The JCS said South Korea's military is monitoring possible additional launches by North Korea.In recent weeks, North Korea has carried out a series of short-range missile and other weapons tests amid stalled nuclear talks with the United States.Last month, it fired nine ballistic missiles in four rounds of tests, according to analysts.On Sunday, North Korean state media reported leader Kim Jong Un had ...




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Covid-19 cases in Afghanistan surge to 714, IMF gives debt relief

The Afghan Health Ministry said that 49 new COVID-19 cases have been registered in the country in the past 24 hours, which led the total cases surge to 714 on Tuesday.Kabul registered 18 new cases, maximum highest in the country, leaving behind Kandahar with 15 cases, Balkh 6 cases, Herat and Ghazni 4 new cases each, and Nangarhar 2 cases, according to the health ministry's data cited by Tolo News.At least 40 people have recovered from the virus in the country while 23 have succumbed to the highly contagious infection, the Health Ministry spokesman said.In the meantime, the International Monetary Fund (IMF) executive board approved immediate debt relief for 25 countries--including Afghanistan--in order to help these countries focus on COVID-19 response."Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25 of the IMF's member countries under the IMF's revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund's response to ..




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China limiting Mekong river's flow triggered drought in region, says US-based research

A US-based research company has found that China limited the flow of the Mekong River following the construction of a number of its sprawling dams in its territory in the backdrop of a severe drought in the region last year.The report comes at a time when the entire world is grappling with the coronavirus pandemic since late last year, when the virus first made its appearance in Wuhan, the capital of central China's Hubei province."The satellite data does not lie and there was plenty of water in the Tibetan Plateau, even as countries like Cambodia and Thailand were under extreme duress," said Alan Basist, who co-wrote the report, which was released on Monday, for Eyes on Earth, a water resources monitor."There was just a huge volume of water that was being held back in China," Basist was quoted by New York Times as saying.Farmers and fishermen across the Mekong region were devastated as the water level in portions of the river dwindled due to dams commissioned by China which has been .




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China fabricated info about COVID-19 spread, say experts

Experts have criticized Chinese President Xi Jinping for concealing, destroying and fabricating information about the rampant spread of COVID-19 and suppressing the data by silencing and criminalising dissent.In a report published by The Times of Israel, Human Rights Advocate Irwin Cotler said, "There is authoritative and compelling evidence -- including a study from the University of Southampton -- that if interventions in China had been conducted three weeks earlier, the transmission of COVID-19 could have been reduced by 95 per cent".The daily reported that Dr. Ai Fen, Director of the Emergency Department at the Central Hospital of Wuhan disseminated information about the novel virus to several doctors, one of them being Li Wenliang in late December last year. Wenliang passed away after contracting the contagion in February while Ai has recently disappeared."On January 1, 2020, Dr. Li Wenliang -- the "hero" and "awakener" -- was reprimanded for spreading rumours, and was summoned ..




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Combating COVID-19: Nepal extends lockdown till April 27

Nepal has decided to extend its nation-wide lockdown imposed in view of surging coronavirus cases for 12 more days till April 27.The decision taken during a Cabinet meeting on Tuesday comes after a sudden rise in coronavirus cases in the Himalayan country. This would be the third extension to the lockdown that was first imposed on March 24.The Council of Ministers' meeting chaired by Prime Minister KP Sharma Oli decided to extend the lockdown till April 27. Earlier meeting of the Cabinet had extended the lockdown till April 15, which was set to end on Wednesday mid-night.The Nepali government has also decided to ban all commercial international flights till April 30.Two more people have tested positive for the coronavirus in the national capital. They had a travel history to the United Kingdom.Ministry of Health and Population said in a statement: "A family of three residing in Sun City Apartment of Pepsi Cola Town Planning were tested for COVID-19 on April 13 where two persons, a ...




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Spain's COVID-19 toll crosses 18,000 but daily deaths continue to drop

Spain's number of total deaths due to the coronavirus crossed 18,000 with 547 new deaths on Tuesday, which is a slight increase in the number of daily deaths reported as per the Spanish Health Ministry.On Monday, Spain had reported 517 deaths, which was one of the lowest daily increase reported in the last three weeks. As per the data from Johns Hopkins University, the current toll in Spain stands at 18,056.The Spanish authorities have also recorded a fall in the number of active cases for the first time since the outbreak. The authorities on Tuesday observed that the active cases had come down by 299 in the last 24 hours. Spain has now 86,981 active cases.Spain's overall tally of cases including the dead and recovered stands at 172,541. It has reported the third-highest fatalities in the world just behind the United States (23,649) and Italy (20,465)With 172,541 total cases, Spain is only behind the United States in the number of overall cases. The United States as of Tuesday has ...




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PoK residents getting no benefits under Ehsaas Programme of Pakistan

People in Pakistan occupied Kashmir (PoK) are facing discrimination at the time of COVID-19 outbreak as they are being denied benefits under the Ehsaas Emergency Cash Programme launched by Pakistan Prime Minister Imran Khan.Pakistan government launched the Ehsaas Emergency Cash programme under which Rs. 12,000 grant is to be provided to around 12 million families across the country including those from PoK.But like all other schemes announced by Pakistan in the past, this too has excluded an already discriminated and deprived PoK populace of the benefits, as the residents have received nothing but despair after standing in long queues for hours outside the designated banks.A local woman said, "Our house caught fire and everything got burnt. Even our daughter faced severe injuries. Today we have nothing with us, not even food and we are getting no help. Our daughter got treated in Rawalpindi but now we don't have money to continue with her treatment. We came to know that we will be ...




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IMF pegs India's growth at 1.9 pc in FY'20-21, but says will bounce back to 7.4 pc next year

The International Monetary Fund (IMF) has projected the growth of Indian economy in 2020 at the rate of 1.9 per cent, while the world economy is likely to contract sharply by "minus 3 per cent" due to the coronavirus pandemic, which is proving worse than the 2008-09 financial crisis.The IMF on Tuesday its yearly World Economic Outlook, providing a grim picture of the world economy amid global lockdown due to the coronavirus pandemic, which has jolted the world by claiming over one lakh lives globally.The IMF has, however, given a bullish projection about India's economic growth in 2021, pegging the growth rate at 7.4 per cent.Gita Gopinath, Chief Economist and Director of the research department at IMF said in her opening remarks, "The COVID-19 pandemic is inflicting high and rising human costs worldwide. Protecting lives and allowing health care systems to cope have required isolation, lockdowns, and widespread closures to slow the spread of the virus.""The health crisis is, ...




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Global financial conditions tightened abruptly due to COVID-19: IMF

The International Monetary Fund (IMF) in its Global Financial Stability Overview released on Tuesday has noted that early in 2020, global financial markets remained afloat as there was a sense of optimism on the back of supportive monetary policy, reduced trade tension and tentative signs of stabilisation in the global economy. However, the spread of COVID-19 has posed a risk that has seen the prices of risk assets and commodities fall at unprecedented speed.The document released by the IMF says that the equity markets experienced the fastest drop in history with the S and P 500 falling 20 per cent from its peak in just 16 trading sessions.The asset price declines reached about half the magnitude seen in 2008-09 at the worst point of the sell-off, and implied volatility spiked across asset classes, in some cases to levels last seen during the global financial crisis.Financial Counsellor and Director of the Monetary and Capital Markets Department, IMF, Tobias Adrian while releasing the




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Barack Obama endorses Joe Biden for President of United States

Former US President Barack Obama in a video message on Tuesday formally endorsed his former Vice President Joe Biden, who is gunning for the White House in the elections later this year.Obama while endorsing said: "The kind of leadership that's guided by knowledge and experience, honesty and humility, empathy and grace -- which kind of leadership doesn't just belong to our state capitols and mayors' offices. It belongs in the White House. And that's why I'm so proud to endorse Joe Biden for President of the United States."Biden has now become the presumptive nominee for the Democrats after fellow contestant Bernie Sanders withdrew and endorsed him. Biden will go up against the presumptive Republican nominee and incumbent President Donald Trump.Obama further said: "If there's one thing we've learned as a country from moments of great crisis, it's that the spirit of looking out for one another can't be restricted to our homes, or our workplaces, or our neighbourhoods, or our houses of ..




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Airline passenger revenue to plunge by USD 314 billion in 2020: IATA

Airline passenger revenue is set to plunge by USD 314 billion in 2020, which is a decline of 55 per cent from 2019 due to coronavirus as per the updated analysis released by the International Air Transport Association (IATA).On March 24, the IATA had predicted an estimated loss of USD 252 billion in revenues, which is 44 per cent decline in passenger for airline industry due to severe travel restrictions lasting more than three months as governments across the world try to contain the disease.As per a release by IATA, the world is heading for a recession. The economic shock of the COVID-19 crisis is expected to be at its most severe in Q2 when the GDP is expected to shrink by 6 per cent (by comparison, GDP shrank by 2 per cent at the height of the global financial crisis). Passenger demand closely follows GDP progression. The impact of reduced economic activity in Q2 alone would result in an 8 per cent fall in passenger demand in the third quarter."The release added: "Travel ...




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COVID-19: Pak extends lockdown by two weeks

Pakistan Prime Minister Imran Khan has announced the extension of the nationwide lockdown with relaxation to some sectors.Addressing the media in Islamabad on Tuesday, Khan said, "We made the hard decision of imposing lockdown in the country which was very well implemented due to cooperation of the people."He said that the spread of coronavirus had slowed down to 30 per cent of the projected target, Radio Pakistan reported.The Prime Minister said ventilators, protective clothing, and other gear "have been reaching the country to meet the demand".Imran Khan announced to open the construction industry in cities from today as this has the lowest risk factor in terms of coronavirus spread.Minister for Industries and Production Hammad Azhar said the industries that are exempted from the lockdown are export sector, chemical manufacturing plants, e-commerce, software development and planning, paper and packaging units, industries with labour on-site, cement and fertilizer plants, mines and ..




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Global coronavirus cases surpass 1.8 mn: WHO

The number of people infected with the new coronavirus worldwide has surpassed 1.8 million with 71,779 cases verified over the past 24 hours, the World Health Organization (WHO) said on Tuesday.According to the update, the global count of confirmed COVID-19 cases has reached 1,844,863, with the majority of them concentrated in Europe (943,272) and the Americas (644,986).The death toll has grown by 5,369 cases over the past day to a total of 117,021 fatalities, the report read.




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Egyptian security forces kill 7 militants planning attack during Easter celebration

Egyptian security forces have killed seven terrorists who were planning an attack on the country's Coptic Orthodox Christian population during their upcoming Easter celebrations, the country's Ministry of Internal Affairs said.According to the ministry, security forces raided an apartment in a densely-populated region of the capital. Mohammed Fawzy Al Hofi, a lieutenant officer, was killed during the attack, and one other police officer suffered injuries, the statement read.Security forces found six machine guns and ammunition in the apartment after the raid, according to the statement.On Tuesday evening, the national media reported on the security operation, which took place in a multistorey building in the Al Amireya region of the Egyptian capital.The country's Coptic Orthodox Christians are set to celebrate Easter Sunday on April 19.In April 2017, Egypt's Coptic Christians were targeted by bomb blasts during services to celebrate Palm Sunday. Two blasts in the cities of Tanta and ..




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Mahindra plant in Michigan creates new 'Arsenal of Health' to combat COVID-19

Michigan [USA], April 15 (ANI): Indian automaker Mahindra is joining the "Arsenal of Health" efforts spearheaded by General Motors Co. and Ford Motor Co. in Michigan to make medical Personal Protection Equipment (PPE) for healthcare workers fighting COVID-19.More than 20 Mahindra employees of the Michigan plant are making medical shields from windshields. This innovative ease-of-use box-shaped design will be used by doctors, nurses, local frontline healthcare workers and first responders."MANA's Michigan employees have taken an all-hands-on-deck approach to the COVID-19 fight," said Rick Haas, President and CEO, Mahindra Automotive North America (MANA)."We have a company full of people who love to design and make things and they are not people who like to stand on the sidelines. We have ideas coming in from across the company and we are looking hard at all of them." Haas added.MANA is working with the state, Michigan's congressional delegation, trade organisations, Oakland County and .




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South Korea holds legislative election amid virus outbreak

Wearing masks and gloves, South Korean voters cast their ballots on Wednesday to elect 300 parliamentary lawmakers amid the coronavirus outbreak.Voting kicked off at 6 am (local time) and was to run until 6 pm (local time) at 14,330 polling stations across the country, according to the National Election Commission (NEC). The number of eligible voters is 44 million, according to Yonhap news agency.The once-in-four-years legislative election is widely seen as a referendum on President Moon Jae-in, whose five-year term will end in mid-2022, as well as a test of the country's fight against COVID-19 under the leadership of Moon, The Strait Times reported.South Korea has received international praise for its massive testing capability and other innovative measures, such as drive-through testing and high-tech contact tracing.Experts, therefore, expect the ruling Democratic Party (DP) to extend its lead in Parliament, given that the government's handling of the virus outbreak is viewed ...




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Pak violating ceasefire to infiltrate 'jihadis' into Kashmir amid virus outbreak, says activist

A political activist from Pakistan occupied Kashmir (PoK) has alleged that Pakistan has been regularly violating ceasefire at the Line of Control these days to infiltrate terrorists into Kashmir valley amid COVID-19 spread.Amjad Ayub Mirza, a political activist and author based in Glasgow told ANI, "It is Pakistan, which is responsible for ceasefire violation. We, the people of PoK are aware of this fact that always Pakistan initiates a ceasefire violation to which India retaliates."The activist said that like always, time too, the ceasefire violation was started by Pakistan which created problems for locals, even in the areas of Jammu that do not even come in the jurisdiction of the ceasefire line.Divulging further on the heinous activities conducted by Pakistan, the activist said, "There can be three reasons for them to do so. Firstly due to the coronavirus outbreak, the establishment has been exposed over the mishandling of the pandemic. The country does not even have proper ...




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Pak clerics flout virus lockdown rules, say restrictions not applicable to mosques, congregational prayers

Defying all orders from the state to refrain from religious congregations to curb the spread of COVID-19, prominent ulemas and religious scholars from across Pakistan on Tuesday stated that the five daily prayers and the Friday prayers would be held in mosques. They, however, mentioned that all precautionary measures advised by the government will be implemented.The statement from the ulemas, cited by Dawn, comes as the government announced it would continue the lockdown imposed in light of the coronavirus outbreak, easing restrictions for some industries which it said were 'low-risk'.Authorities in all provinces had officially restricted congregations in mosques, including for Friday prayers, to five people or less for the past two weeks. However, several instances of violation of government orders, and confrontation with police trying to enforce these orders, have been reported since then.Speaking at a press conference after the meeting between representatives from the ...




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US returns another USD 300 mn of recovered 1MDB funds to Malaysia

The US Department of Justice on Tuesday (local time) said it has repatriated approximately USD 300 million (RM 1.292 billion) to Malaysia in additional funds misappropriated from 1Malaysia Development Berhad (MDB), the Asian country's investment development fund.The government of former Prime Minister Najib Razak set up the 1MDB fund in 2009 to promote economic development in Malaysia through global partnerships and foreign direct investment.The Justice Department estimated that some USD 4.5 billion was siphoned out of Malaysia by high-level fund officials and their associates between 2009 and 2014 in a scandal that called for Razak's resignation -- including Mahathir Mohamad, one of the former's predecessors.The funds were laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg."We are pleased to make this latest repatriation of an additional USD 300 million in stolen 1MDB funds," Assistant Attorney General




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Social distancing necessary until 2022 to prevent Covid-19 seasonal outbreaks, says study

Prolonged or intermittent social distancing may be necessary even until 2022 to prevent future Covid-19 seasonal outbreaks, a new study has said.Researchers from Harvard University, led by Stephen Kissler, used estimates of seasonality, immunity, and cross-immunity for two betacoronaviruses from time series data from the United States, to inform a model of Covid-19 transmission, Xinhua news agency reported.Recurrent wintertime outbreaks of Covid-19 "will probably occur after the initial, most severe pandemic wave," researchers wrote on in the study 'Projecting the transmission dynamics of SARS-CoV-2 through the postpandemic period', published in the online journal Science.The researchers added that without a vaccine or other interventions, "prolonged or intermittent social distancing may be necessary into 2022."Noting that "a key metric for the success of social distancing is whether critical care capacities are exceeded," the study said that "additional interventions, including ...




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Hong Kong Market slips on doubts over coronavirus drug

Risk sentiment deteriorated after a news report, citing inadvertently released results, said the closely watched antiviral drug remdesivir had had no effect on patients in its first randomised clinical test.




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Japan Stocks shines on BOJ monetary policy easing

Total 32 issues of 33 industry category of Topix index were in positive territory, with Marine Transportation, Iron & Steel, Nonferrous Metals, Air Transportation, Electric Appliances, Real Estate, and Glass & Ceramics Products issues being notable gainers.




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Japan Stocks mixed on profit booking ahead of holidays

Total 17 issues of 33 industry category of Topix index were in positive territory, with Rubber Products, Air Transportation, Services, Electric Appliances, Precision Instruments, Securities & Commodities Futures, and Information & Communication issues being notable gainers, while Iron & Steel, Mining, Chemicals, Nonferrous Metals, and Land Transportation issues were notable losers.




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Australia Market falls on profit booking

Investors continue to struggle against positive news of lifting restrictions and re-opening the economy against what is expected to be the sharpest and most severe downturn since the great depression.




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US Stocks tumble on profit booking

U.S. officials are beginning to explore proposals for punishing or demanding financial compensation from China for its handling of the coronavirus pandemic. The move could splinter already strained relations between the two superpowers at a perilous moment for the global economy. Senior officials across multiple government agencies are expected to meet Thursday to begin mapping out a strategy for seeking retaliatory measures against China, as per reports. Officials in American intelligence agencies are also involved in the effort. President Trump has fumed to aides and others in recent days about China, blaming the country for withholding information about the virus, and has discussed enacting dramatic measures that would probably lead to retaliation by Beijing.




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US Stocks end mostly lower as a dismal ADP jobs report

The major averages finished the session on opposite sides of the unchanged line, as traders weighed optimism about some states reopening against some dismal employment data. The ADP jobs report showed that US companies lost 20.2 million jobs in April. The government's April jobs report is due Friday.




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Hong Kong Market climbs 1%

The gains in Hong Kong share market were driven by reports that top US and Chinese trade representatives discussed their Phase 1 trade deal earlier in the day, with China saying it would work with Washington to improve the atmosphere for implementing the Phase 1 trade deal signed this year. The officials also agreed to "strengthen cooperation on macro economy and public health."