Today’s News

Mercedes-Benz pockets virtually $5 million in emergency JobKeeper funds, despite boasting of a “robust” monetary efficiency in the course of the COVID-19 economic shock. The Whyalla steelworks, together with a coalmine in New South Wales, had been beneath risk because of the worldwide collapse of Greensill Capital, founded by Australian businessman Lex Greensill. If the rate of Australian house value rises is bringing a tear to your eye, you are unlikely to search out much sympathy from South Koreans, who are attempting to buy into one of the hottest property markets on the planet.

The authorities owns forty five.forty eight per cent in IDBI Bank, while LIC holds forty nine.24 per cent. LIC is currently the promoter of IDBI Bank while the federal government is co-promoter. The RBI transfer on KYC follows a spurt in complaints from customers about banks unilaterally suspending and freezing accounts for delay in KYC updation. There have been additionally complaints that banks had been freezing accounts without informing the shoppers. NHL Hall of Famer Mark Messier and sports marketing and memorabilia skilled Brandon Steiner talk about Athlete Direct, a new initiative that allows athletes to sell iconic gadgets on to fans.

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