26.3 C
Tuesday, July 7, 2020
(RTTNews) - The Singapore stock market has finished higher in two of three trading days since the end of the two-day slide in which it had fallen almost 45 points or 1.8 percent. The Straits Times Index now rests just beneath the 2,590-point plateau and it's tipped to extend its gains on Wednesday. The global forecast for the Asian markets is upbeat on continued optimism for an economic recovery. The European and U.S. markets were up and the Asian markets are expected to open in similar fashion. The STI finished modestly higher on Tuesday following gains from the financial shares and mixed performances from the property stocks and industrials. For the day, the index gained 15.81 points or 0.61 percent to finish at the daily low of 2,589.91 after peaking at 2,610.99. Volume was 2.34 billion shares worth 1.6 billion Singapore dollars. There were 236 gainers and 193 decliners. Among the actives, SembCorp Industries plummeted 3.85 percent, while Singapore Exchange surged 3.47 percent, CapitaLand soared 2.82 percent, Venture Corporation spiked 2.15 percent, Comfort DelGro plunged 2.03 percent, SATS tanked 1.72 percent, Singapore Press Holdings tumbled 1.55 percent, DBS Group jumped 1.36 percent, City Developments climbed 1.32 percent, CapitaLand Commercial Trust
Steve Nesius/Reuters Elon Musk struggled to describe how he felt after SpaceX, the company he founded in 2002, launched its first people into Earth's orbit on Saturday. At 3:22 p.m. ET, a Falcon 9 rocket lifted off from Cape Canaveral, Florida, carrying the Crew Dragon spaceship that SpaceX designed and NASA funded. Inside sat two NASA astronauts: Bob Behnken and Doug Hurley. SpaceX via Youtube It's the first time a commercial spacecraft has carried humans into space, and the first time astronauts have launched from the US since the end of the Space Shuttle Program nine years ago.  "I'm really quite overcome with emotion on this day. It's kind of hard to talk, frankly," Musk told reporters in a call after the launch. "I've spent 18 years working toward this goal, so it's hard to believe that it's happened." Currently on board the Crew Dragon and orbiting Earth, Hurley and Behnken will test some of the spaceship's systems, eat, and sleep before they're scheduled to join the International Space Station on Sunday at 10:27 a.m. ET. "It is a little hard to process. I think at this point I haven't sorted out my emotions," Musk said. "This is hopefully the first
New York, NY, June 23, 2020 (GLOBE NEWSWIRE) -- Brilliant Acquisition Corporation (NASADAQ: BRLIU) (the “Company”) announced today that its Registration Statement on Form S-1 (SEC File No. 333-237153), as amended, was declared effective by the Securities and Exchange Commission. The closing of the Company’s initial public offering of 4,000,000 units is expected to occur on or about June 26, 2020. Each unit consists of one ordinary share, no par value per share (“Ordinary Share”), one right, with each right entitling the holder to 1/10 of one Ordinary Share, and one warrant, with each warrant entitling the holder to purchase one Ordinary Share at a price of $11.50 per share. Each unit will be sold at an offering price of $10.00 per unit for aggregate gross proceeds of $40,000,000. Once the securities comprising the units begin separate trading, the common stock, rights, and warrants are expected to be traded on the Nasdaq Capital Market under the symbols “BRLI,” “BRLIR,” and “BRLIW” respectively. The underwriters have been granted a 45-day option to purchase up to an additional 600,000 units offered by the Company to cover over-allotments, if any. EarlyBirdCapital, Inc. is acting as sole book-running manager. The offering is being made
SUZHOU, China, June 23, 2020 /PRNewswire/ -- An 8MWh energy storage project contracted by Jiangsu Hengtong Energy Storage Technology Co., Ltd. succeeded in reverse power transmission and was successfully connected to the grid at the first attempt. As one of the core technologies of new energy industry revolution, energy storage technology applies devices or physical media to store energy for emergent use. It can store energy when electricity demand is in the trough and release energy at the peak of the grid load. In this manner it can overcome the fluctuation of new energy power generation. This 140m2 project uses 380V low-voltage grid connection. The power station applies a 2MW/8MWh energy storage system containing four 40-foot standard containers with the functions of thermal insulation, corrosion resistance, earthquake resistance and waterproof. The capacity of each container is 500kW/2MWh. Once this project is put into operation, it can provide intelligent energy utilization and protection solutions such as leveling the curve of the demand, emergent power supply, capacity management, load tracking, flexible reverse power protection, etc. The successful connection with professional technical solutions and high-quality service of Hengtong Energy Storage have been applauded by customers. Hengtong Energy Storage, which belongs to the general energy sector
Home Depot is changing the way its US stores sell rope after a noose was reportedly found in a North Carolina store.  This incident is the latest in a series of similar occurrences in stores and other locations.  "Unfortunately, we've had some instances where spooled rope was used to create hate symbols and we're not going to tolerate it," said Home Depot spokesperson Margaret Watters Smith in a statement. "Out of an abundance of caution, we temporarily removed spooled rope from our aisles." Home Depot will replace larger lengths of rope on spools with shorter lengths of pre-cut, packaged rope. Visit Business Insider's homepage for more stories. Home Depot is changing the way it sells rope in its stores after a noose was reportedly discovered in a North Carolina store, the latest in a string of similar occurrences in stores across the US. In June, a woman claimed that she found two nooses in a Charlotte Home Depot aisle, to which Home Depot responded to in a statement saying it was  "appalled and disturbed by the incident." Last July, another woman posted on Facebook about a similar experience in a Denver Home Depot. "Unfortunately, we've had some instances where
(RTTNews) - Indian shares were sharply higher in early trade on Thursday, with firm global cues boosting sentiment after Gilead reported early positive data in remdesivir studies as Covid-19 drug and the Federal Reserve vowed to continue with its aggressive policy stance until it is comfortable that the economy is back on its feet. The benchmark S&P BSE Sensex jumped as much as 810 points, or 2.48 percent, to 33,530 in early trade, while the broader NSE Nifty index was up 215 points, or 2.25 percent at 9,768. Vodafone Idea jumped 2.4 percent to extend gains from the previous session after the Supreme Court ordered the government to process the tax refund to the telecom major within four weeks. Spice Jet rose 1 percent and InterGlobe Aviation gained about 2 percent, shrugging off weak domestic air passenger traffic numbers for March. ONGC and GAIL climbed 2-3 percent as oil built on big gains in the previous session. Reliance Industries rose over 1 percent after raising its stake in the U.S.-based technology company SkyTran Inc. Liberty Shoes rallied 2 percent after Care Ratings revised ratings for its long-term bank facilities worth Rs 135 crore. Indian Bank advanced 2 percent after revising
- Five trends drive the emergence of the personalized health ecosystem - Health care data exponentially more powerful if connected, combined and shared LONDON, April 28, 2020 /PRNewswire/ -- The unprecedented challenges facing global health care systems as a result of COVID-19 reveal the urgent need for the global adoption of a data-driven, personalized approach to health and wellness, according to the Five Trends Driving the Emergence of the Personalized Health Ecosystem report. While organizations have long recognized the potential of technology to capture and use data to transform their industry, until now, they have lacked the "burning platform" that the pandemic provides to make changes imperative. Pamela Spence, EY Global Health Sciences and Wellness Industry Leader, says: "The human cost of the COVID-19 crisis is insurmountable and it has elevated the need to place health care on a different footing to proactively anticipate and manage the challenges that will emerge in the future. This will require organizations to rethink how health care is delivered and move toward a truly personalized, data-driven ecosystem. If organizations can seize the opportunity to sharpen their data strategies and refine their business models, they can position themselves to lead and demonstrate value." One of the trends
ST. PETERSBURG, Fla., May 30, 2020 /PRNewswire/ -- St Petersburg Personal Injury Attorneys McQuaid & Douglas is proud to announce that on May 27, 2020, Sean McQuaid was sworn in as the 96th President of the St. Petersburg Bar Association. His term in office will last for one year. "While it is an honor to have been elected to this position and receive this individual acknowledgement, my focus will continue to be how to benefit our members and the legal system in St. Petersburg and the surrounding area," said Mr. McQuaid at his inauguration. He went on to say, "as a profession, we must lead and adapt to the changes in our world in order to maintain the rule of law and service those in need of legal services." The ceremony was performed over Zoom-indicative of the current situation and consistent with social distancing directives. Pinellas County Court Judge Edwin Jagger presided over the proceeding from his chambers in downtown St. Petersburg. Also joining in on the call were the Executive Committee, the Executive Director, and approximately 40 past Presidents of the Association. The event was heartfelt and memorable for all who participated. It was the first time in the history of the Bar Association that a swearing-in
2019 Courtesy of RM Sotheby's A 1961 Bedford CA Dormobile by Martin-Walter from the Elkhart Collection is up for an October auction by RM Sotheby's. The camper, as well as the other vehicles in the collection, were once owned by Najeeb Khan, an accused fraudster and former CEO of payroll processing firm Interlogic Outsourcing Inc. The 1961 Bedford CA is estimated to auction off between $60,000 and $80,000 and is being offered without reserve, according to RM Sotheby's. Visit Business Insider's homepage for more stories. A 1961 Bedford CA Dormobile Caravan by Martin-Walter once owned by a bankrupt CEO accused of fraud is now up for auction and is estimated to go between $60,000 and $80,000. The camper — which is a part of a larger "Elkhart Collection" and is offered without reserve — was confiscated from Najeeb Khan, the founder of payroll processing firm Interlogic Outsourcing Inc. who was accused of fraud amounting to over $100 million, The South Bend Tribune reported. A judge ultimately ordered Khan to sell most of his car collection — valued at around $31 million — to pay back his creditors after Khan resigned from the company and filed for bankruptcy.  The entire Elkhart
London, June 10, 2020 (GLOBE NEWSWIRE) -- Digital transformation has emerged as one of the most prominent strategies for public and private organizations over the past few years. It is increasingly transforming the conventional technology landscape across all industry verticals. Although enterprise applications based on digital transformation technologies are still in their nascent stages of development, they are gradually beginning to drive innovation into the business strategies and proving their significance at every step of an organization. Digital transformation is the process of using digital technologies to change existing processes, models, structure, and business activities to improve the performance of organizations. The adoption of digital transformation is routing a new era or industrial transformation, allowing companies to track their operations, enhance productivity, augment business strategies, and engage with customers in digital world. Thus, with consistently growing awareness about the benefits of digitization, organizations across several industry verticals are adopting digital transformation strategies to sustain and expand their existing positions in highly competitive market. Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=4980 The digital transformation market is projected to reach $3,294 billion in 2025, growing at a CAGR of 22.7% from 2019 to 2025. The growth in this market is mainly attributed to the
The first of four experimental Covid-19 vaccines being tested by Pfizer and a partner has showed encouraging results, but the company’s shares are still under pressure. Photo: /Associated Press By Caitlin McCabe