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Expect lockdown exit to be a long-drawn process, strategist says

Eli Lee from Bank of Singapore says that investors must realize that the speed of coming out of coronavirus lockdowns will be nowhere near the pace at which we entered it.




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No improvement in industry situation amid pandemic: Intl Chamber of Shipping

Esben Poulsson from the International Chamber of Shipping gives "Capital Connection" an update on how the industry is still fighting for government action amid the coronavirus crisis.




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Op-ed: Recovering from this unprecedented oil crash could take years and may not benefit Saudi or Russian producers

Saudi Arabia and Russia aim to inflict pain on American producers, forcing them to shutter wells and give up the market share.




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Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.




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Nintendo profits surge as 'Animal Crossing' game becomes fastest-selling title on the Switch

Nintendo said "Animal Crossing: New Horizons" sold over 13 million copies in the first six weeks, making it the fast-selling Switch game.




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Moderna's vaccine candidate could potentially get regulatory approval in 2021

Moderna has received FDA approval for the company's Covid-19 vaccine to continue into the second phase. CNBC's Meg Tirrell reports.




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Neiman Marcus files for bankruptcy protection

CNBC's Courtney Reagan reports on retailer Neiman Marcus' decision to file for Chapter 11 bankruptcy amid the coronavirus pandemic.




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Cramer: Coronavirus could propel plant-based Beyond Meat into a giant like Amazon or Facebook

Plant-based protein is not a passing fad, CNBC's Jim Cramer said.




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Pharma giants granted coronavirus approvals but doubts remain on manufacturing a global vaccine

Experts warn that vaccine timelines look ambitious and argue more thought is needed on manufacturing.




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Is the ECB stimulus program legal? A German court is about to decide

European debt holders are cautiously awaiting a ruling from a German court, which could impact how the ECB faces the ongoing economic crisis.




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Total's net profit falls 35% in the first quarter as oil prices slide

Total reported that first-quarter net profit came in at $1.8 billion, down from $2.8 billion over the same period last year.




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BNP Paribas' net profit slides as it warns of three 'major negative impacts' from the coronavirus

BNP Paribas reported a fall in net income for the first quarter on Tuesday, as it warned the coronavirus has had three "major negative impacts" on its balance sheet.




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German court says the European Central Bank now needs to prove its bond buying is needed

The German court said the decision does not concern any financial assistance measures taken by the European Union or the ECB in the context of the current coronavirus crisis.




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UK general election more likely than second Brexit referendum: Professor

Cedomir Nestorovic, professor of geopolitics at ESSEC Business School, predicts that U.K. Prime Minister Theresa May's second Brexit deal will likely be rejected Monday, creating further scope for a near-term general election.




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China seems to think that it is 'out of the woods': Professor

Edmund Phelps of Columbia University says China seems to think that it has solved its problems, and its economy will see a return to "somewhat higher" growth rates. He also says China could "break loose" with a long wave of rapid innovation.




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Oil rebound may have gone too far, based on just tentative supply and demand improvements

Signs that Americans are driving more are helping lift oil prices, but analysts say a 60% jump in prices in just a week may be too much.




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Why some traders are seeing promise in Shanghai stocks

Aggressive traders are starting to enter the Shanghai market in anticipation of a trend change, writes Daryl Guppy.




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Democratic candidate Michael Bennet proposes 44% tax rate for wealthiest Americans

Democratic presidential contender Michael Bennet wants to increase the top income-tax rate paid by the wealthiest Americans to 44%, which experts say exceeds that of other presidential hopefuls to date.




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Democrats cannot count on swing votes against Trump: Professor

Brendon O'Connor from the U.S. Studies Centre tells "Street Signs" that Democratic presidential hopefuls like Joe Biden and Bernie Sanders are unlikely to sway Trump's supporters, and the idea of swing votes is overrated.




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Tesla hasn't received permission to resume production in Bay Area—Reuters

CNBC's Phil LeBeau reports the latest news on Tesla.




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FLIR Systems CEO Jim Cannon on providing thermal scanners for GM factories

Jim Cannon, CEO of FLIR Systems, joins "Squawk Alley" to discuss demand for its thermal camera technology to scan for potential coronavirus infections in workers.




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Uber CEO: Our drivers and couriers should get health care and earnings protection based on hours worked

Uber CEO Dara Khosrowshahi tells "Squawk Box" that the company is a proponent of a model in which drivers and couriers have minimum earning and health care protections based on the hours worked.




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Doctors sue Zimbabwe government over lack of Covid-19 protective equipment

Court application warns ‘many lives will be lost’ without urgent action to provide face masks

The Zimbabwean government has been taken to court over its failure to provide doctors working on the frontline of the Covid-19 pandemic with masks.

The Zimbabwe Association for Doctors for Human Rights (ZADHR) is seeking to compel the authorities urgently to provide personal protective equipment (PPE) for medical practitioners, warning that medics in the country’s troubled health sector will otherwise die.

Related: 'We will starve': Zimbabwe's poor full of misgiving over Covid-19 lockdown

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Young professionals risk financial burnout as they weather their first big crisis

Many Gen Z and millennial professionals have one question: Will I still have a job? Worrying about day-to-day expenses puts them at risk for financial burnout. And that could mean they neglect their long-term plans, particularly retirement savings.




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Trader says 'no guidance, no problem' for this medical device company—Here's why

Is Abbott Labs a buy? With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Pete Najarian and Steve Grasso.




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Trouble brewing for tea producers as coronavirus lockdown hits harvests

India’s ‘champagne of teas’ among those affected as country’s tea board estimates output could drop 9%, amid strain in China and Sri Lanka

Trouble is brewing for the world’s tea producers as the coronavirus lockdown shut down the harvest in several important regions, including the picking of India’s “champagne of teas”.

Despite forecasts of increased demand from drinkers stuck at home across the world, producers have become frustrated by the enforced quarantining of their workforce, with India’s output expected to drop by 9% in 2020.

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Pentagon ordered to halt work on $10bn 'war cloud' project after Amazon protest

Amazon requested the injunction after alleging that bias from Donald Trump caused the contract to be awarded to Microsoft

A federal court has ordered a temporary halt in Microsoft’s work on a $10bn military cloud contract that Amazon was initially expected to win. Amazon sued in December to revisit that decision, alleging that Donald Trump’s bias against the company hurt its chances to win the project.

Amazon requested the court injunction last month. The documents requesting the block and the judge’s decision to issue the temporary injunction are sealed by the court.

Related: From books to bullets: inside Amazon's push to 'defend' America

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Xbox Series X console features 12 teraflops graphics processor

Microsoft confirms key specs of games console plus new ‘Smart Delivery’ feature allowing one-size-fits-all game purchases

Microsoft has confirmed that its next games console, the Xbox Series X, will feature a 12 teraflops graphics processor, eight times more powerful than the Xbox One graphics chipset.

The announcement, made by the Xbox chief, Phil Spencer, via Microsoft’s Wire news site, confirmed recent rumours about the machine, which is launching this winter.

Related: Follow your Dreams: how the future of playing video games is making them

Related: Xbox chief: 'We discussed whether we should even do another console'

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Microsoft Surface Pro X review: not yet ready for prime time

Long battery life, 4G and beautiful design can’t stop it being held back by a lack of apps for its ARM chip

The Surface Pro X is a glimpse of an ARM-powered Windows future, combining the best bits of phones and computers, but while that future is closer than ever, it isn’t quite ready yet.

The new £999 Surface Pro X might look like the rest of Microsoft’s Surface tablets on the outside, but it is fundamentally a different beast on the inside.

Screen: 13in LCD 2880x1920 (267 PPI)

Processor: Microsoft SQ1 (ARM)

RAM: 8 or 16GB

Storage: 128, 256 and 512GB

Graphics: Adreno 685

Operating system: Windows 10 Home

Camera: 10MP rear, 5MP front-facing, Windows Hello

Connectivity: Wifi ac, Bluetooth 5, 2x USB-C, Surface Connect, LTE, nano sim, esim

Dimensions: 287 x 208 x 7.3mm

Weight: 774g

The screen is far too dim on resuming from sleep until you hit the brightness button, at which point it returns to normal

The machine ran cool throughout, barely getting warmer than room temperature even when pushed hard

There’s no real mis-touch rejection at the edges of the screen, which means you have to be careful where you put your fingers when holding the tablet

Pros: slim, great 13in screen, 4G, kickstand, nine-hour battery, 2x USB-C, quick charging, Windows Hello, brilliant keyboard (essential additional purchase), smart stylus holder, Windows 10

Cons: not much ARM-native software, no good photo editors, no SD card reader, no headphone socket, no Thunderbolt 3, keyboard not included

Microsoft Surface Laptop 3 review: still sleek, just no longer unique

Microsoft Surface Pro 6 review: a fantastic tablet PC you shouldn’t buy

Microsoft Surface Go review: tablet that’s better for work than play

Microsoft Surface Studio 2 review: in a class of its own

16in MacBook Pro review: bigger battery, new keyboard, new Apple

Apple MacBook Air review: the new default Mac

Continue reading...




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Microsoft Surface Pro 7 review: the best Windows 10 tablet PC you can buy

USB-C completes top Windows 10 tablet with great screen, design and kickstand, plus latest Intel chips

The Surface Pro 7 is an update of the excellent Surface Pro 6 with new processors and, finally, a USB-C port.

That means the design of the new Surface Pro 7 hasn’t changed since the 2017 Surface Pro 5, with Microsoft taking an “if it ain’t broke” approach. It’s competitively priced at £699 and up – but you have to pay at least £125 for the keyboard if you want one – which annoyingly is not included in the standard price.

Screen: 12.3in LCD 2736 x 1824 (267 PPI)

Processor: Intel Core i3, i5 or i7 (10th generation)

RAM: 4, 8 or 16GB

Storage: 128, 256, 512GB or 1TB

Graphics: Intel UHD (i3) or Intel Iris Plus (i5/i7)

Operating system: Windows 10 Home

Camera: 8MP rear, 5MP front-facing, Windows Hello

Connectivity: Wifi 6, Bluetooth 5, USB 3.0, USB-C, headphones, TPM, microSD

Dimensions: 292 x 201 x 8.5 mm

Weight: 775 or 790g (i7 version)

The Surface Pro 7 ships with a standard version of Windows 10 Home with device encryption

The tablet no longer supports on-screen interaction with Microsoft’s Surface Dial accessory

Pros: great screen, good battery life, brilliant keyboard (essential additional purchase), microSD card reader, excellent kickstand, Windows Hello, solid build, easy to carry, USB-A and USB-C

Cons: no Thunderbolt 3, fairly expensive, keyboard should be included, Core i7 version fans are more audible

Microsoft Surface Pro X review: not yet ready for prime time

Microsoft Surface Laptop 3 review: still sleek, just no longer unique

Microsoft Surface Go review: tablet that’s better for work than play

Microsoft Surface Studio 2 review: in a class of its own

16in MacBook Pro review: bigger battery, new keyboard, new Apple

Apple MacBook Air review: the new default Mac

Continue reading...




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Worried about Zoom's privacy problems? A guide to your video-conferencing options

From FaceTime to Houseparty, there is no shortage of platforms for work and play as you shelter in place

With offices and schools around the world temporarily shut amid the coronavirus crisis, the video platform Zoom has seen overnight success. But growing concerns over security across the platform have many consumers wondering about tech alternatives.

Privacy-minded consumers should consider video chat options carefully, said Arvind Narayanan, an associate computer science professor at Princeton University who has been outspoken about the security concerns surrounding Zoom.

Related: ‘Zoom is malware’: why experts worry about the video conferencing platform

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States expanding liability protections to business as economies reopen

As businesses start to reopen, many are wondering if they can be legally responsible if someone gets sick. CNBC's Ylan Mui reports on liability protection efforts.




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More details on the Paycheck Protection Program

The Department of the U.S Treasury updated its guidance on the Paycheck Protection Program. CNBC's Kate Rogers reports the details.




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Gottlieb: Covid-19 vaccine may be available for selective use before official approval

Dr. Scott Gottlieb, member of the boards of Pfizer and biotech company Illumina and former FDA commissioner, tells "Squawk Box" that a Covid-19 vaccine could be made available for use in "selected circumstances" before it receives official approval for wider distribution.




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Impossible Foods CEO on how meat shortages are driving demand for plant-based products

CNBC's Aditi Roy talks about meat shortages in the U.S. and the growing demand for products like Impossible Foods with the company's CEO Pat Brown.






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Project Restart: the hurdles Premier League football must clear to resume | Paul MacInnes

Many questions need answers, not least where games will be played and the not-insignificant 100 concerns of club doctors

Without government endorsement of a return to play, nothing can happen. Since the beginning of March, when games were still being played in front of paying crowds, the Premier League has said it would follow government advice on the best way to respond to the Covid-19 pandemic.

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Aditya Birla Sun Life Capital Protection Oriented Fund - Series 30 - Regular Plan-Growth

Category Income
NAV 11.9002
Repurchase Price
Sale Price
Date 22-Apr-2019




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Aditya Birla Sun Life Capital Protection Oriented Fund - Series 30 - Direct Plan-Growth

Category Income
NAV 12.298
Repurchase Price
Sale Price
Date 22-Apr-2019




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Aditya Birla Sun Life Capital Protection Oriented Fund - Series 29 - Regular Plan-Growth

Category Income
NAV 12.2318
Repurchase Price
Sale Price
Date 11-Jun-2019




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Aditya Birla Sun Life Capital Protection Oriented Fund - Series 29 - Direct Plan-Growth

Category Income
NAV 12.7718
Repurchase Price
Sale Price
Date 11-Jun-2019




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Aditya Birla Sun Life Capital Protection Oriented Fund - Series 22 - Regular Plan - Growth

Category Income
NAV 13.2546
Repurchase Price
Sale Price
Date 19-Aug-2019




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Aditya Birla Sun Life Capital Protection Oriented Fund - Series 22 - Direct Plan - Growth

Category Income
NAV 13.9224
Repurchase Price
Sale Price
Date 19-Aug-2019




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SUNDARAM CAPITAL PROTECTION ORIENTED FUND - 5 YEARS - SERIES 7 - REGULAR PLAN - GROWTH OPTION

Category Income
NAV 12.9954
Repurchase Price
Sale Price
Date 08-May-2020




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SUNDARAM CAPITAL PROTECTION ORIENTED FUND - 5 YEARS - SERIES 7 - REGULAR PLAN - DIVIDEND PAYOUT

Category Income
NAV 11.6704
Repurchase Price
Sale Price
Date 08-May-2020




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SUNDARAM CAPITAL PROTECTION ORIENTED FUND - 5 YEARS - SERIES 7 - DIRECT PLAN DIVIDEND PAYOUT

Category Income
NAV 11.8433
Repurchase Price
Sale Price
Date 08-May-2020




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SUNDARAM CAPITAL PROTECTION ORIENTED FUND - 5 YEARS - SERIES 7 - DIRECT PLAN - GROWTH

Category Income
NAV 13.1756
Repurchase Price
Sale Price
Date 08-May-2020




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Principal Retirement Savings Fund - Progressive Plan - Regular Sub - Plan - Growth

Category Solution Oriented Scheme - Retirement Fund
NAV 10.9877
Repurchase Price
Sale Price
Date 08-May-2020




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Principal Retirement Savings Fund - Progressive Plan - Regular Sub - Plan - Dividend Payout

Category Solution Oriented Scheme - Retirement Fund
NAV 12.9458
Repurchase Price
Sale Price
Date 10-Dec-2018