5 Stocks in Focus as Digital Payments Become the New Normal

The coronavirus outbreak could be a game-changer for digital financial services. Low-income households and small firms can benefit at large from advances in mobile money, fintech services, and online banking. Inclusion of digital financial services is expected to boost economic growth.

Technology continues to be the single-most important factor revolutionizing the payments industry. Many countries such as Liberia, Ghana, Kenya, Kuwait, Myanmar, Paraguay and Portugal are supporting this shift with measures such as lowering fee and increasing limits on mobile money transactions.

Although data security and privacy concerns and additional charges on making digital payment have limited the demand for digital payment solutions, the pandemic has become a key catalyst.

Moreover, digital financial services are enabling governments to provide quick and secure financial support to remotely located people and businesses as demonstrated in Namibia, Peru, Zambia, and Uganda amid lockdown. This will help mitigate the economic fallout and potentially strengthen

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Interviewing the music icon was like talking to a ‘really cool, funny’ grandpa

“People ask me all the time, ‘Where do you like to play?’ I say, anywhere I can get grits for breakfast. I don’t think that’s a problem in Montgomery,” Charlie Daniels told me with a laugh four years ago. 

I’m sure they’ve got grits in heaven, too. 

We lost a country rocking, fiddle playing icon this week when Daniels died Monday at 83 in Hermitage, Tennessee from a hemorrhagic stroke.

READ MORE: Country Music Hall of Fame member Charlie Daniels dies at 83

Allen Sanders, general manager at the Montgomery Performing Arts Centre, said he’d worked on and off with Daniels for about 15 years. 

Charlie Daniels, left, with Allen Sanders, general manager of the Montgomery Performing Arts Centre, prior to Daniels MPAC concert on Aug. 2, 2019.

“He was a gentle, soft spoken, authentic genuine man,” Sanders said. “He was always very gracious for the shows we did

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Failed brands try to fashion a new life online

Laura Ashley - Naomi Baker/Getty Images
Laura Ashley – Naomi Baker/Getty Images

Other than being fashion failures, what do Laura Ashley, Karen Millen, Coast, Oasis and Warehouse have in common?

Despite collapsing and closing all their stores, the brands are surviving online after being bought by a mix of trade buyers or indeed rivals. These brave – or perhaps crazy – businesses are hoping that the brand DNA is strong enough to lure shoppers to their respective websites and convince them to spend.

Other than Laura Ashley, which is still trading from stores for now, all of the aforementioned brands have been bought by Boohoo.

The timing is seemingly in their favour, as click-and-collect in shops might become less popular with more people working from home and able to accept deliveries. Plus, with over a quarter of shoppers now planning to spend more online after the lockdown restrictions are lifted, according to Global Data, it is

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Will U.S. Bankruptcy Rise Further Amid Coronavirus Concerns?

The coronavirus pandemic has hit companies from almost all sectors across the globe. Since the virus outbreak in mid-March, there has hardly been any business sector that has not had to bear the brunt of the crisis.

In fact, of all the sectors that have been adversely impacted, the retail industry (except those having strong online presence), restaurants, real estate industry, finance industry, gyms, cruise and airline industry are a few that are expected to face consequences in the next couple of quarters as well.

Apart from these, the oil and gas industry is amongst the many that have been hit hardest. In addition to the uncertainty resulting from the pandemic, a plunge in oil prices (due to oversupply and low prices) has become a major concern for energy companies.

In fact, the imposition of lockdown across the globe and the resulting halt in business activities in the first half

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I Got A Medical Tourist Visa To Give Birth In Another Country

The three of us at our temporary home in Bangkok just a few days after my daughter's birth. (Photo: Photo Courtesy of Elen Turner)
The three of us at our temporary home in Bangkok just a few days after my daughter’s birth. (Photo: Photo Courtesy of Elen Turner)

The phrase “medical tourism” might make you think of getting dental surgery in Mexico or plastic surgery in the Dominican Republic, where the procedures are cheaper than at home. Traveling abroad to give birth? Probably not the first thing that comes to mind. But that’s exactly what I did.

Three years ago, armed with a medical tourist visa and a letter of clearance to fly from my doctor, I traveled from my home in Kathmandu, Nepal, to Bangkok at 36 weeks pregnant, to give birth.

Unlike some medical tourists, I wasn’t flying to another country to save money or to get an elective procedure unavailable at home. I chose to give birth in Thailand because, given my circumstances, it was the safest option.

I had been

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We need help with rent, money and jobs

Young people across the UK have had their work, studies and lives upended because of the coronavirus pandemic.

Many are working from home, while others have been furloughed or even made redundant.

There could be more than one million young workers who are without a job, if the overall UK level of unemployment goes up from the current 4% of workers to 10%, according to the Resolution Foundation think-tank.

On top of that, under-30s have been hardest hit by a fall in their income during lockdown as more of their money goes on essentials.

So is there anything the chancellor could announce in his speech on Wednesday to help them?

‘A grant for apprentices would be a start’

Emma-Jayne is an apprentice chef from Dorset, earning £5 per hour.

She is one of the many workers who were furloughed in the hospitality sector. The scheme was introduced by the government

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As Charlotte restaurants cautiously reopen, Instagrammable meals feel like relics.

Editor’s note: We wrote this story on March 10, right before our city and its restaurants made sweeping changes to limit community spread of COVID-19. It didn’t seem right to publish it at that time, so we waited. Now, Deluxe Dining has reopened with extensive safety precautions, including required reservations. Call 980-349-2114 for reservations, and for those who have chosen to venture out during this time, we’ll list the restaurant’s additional safety precautions at the end of this article. It’s best practice to check with the restaurant before visiting if you’re interested in a specific dish to ensure that it is on the current menu.

In a world where the experience is as important as the food, a restaurant in uptown Charlotte got the memo.

Astrik Ivanova and Tatyana Khom, co-owners of Deluxe, The Fine Art of Dining, leave no stones unturned when it comes to presentation.

You should see

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Major coronavirus developments on 7 July

Here’s what you need to know on 7 July. This article was updated at 5.15pm.

Deaths: The Department of Health and Social Care (DHSC) said 44,391 people had died in hospitals, care homes and the wider community after testing positive for coronavirus in the UK as of 5pm on Monday – up by 155 from 44,236 the previous day. Read more here.

The UK coronavirus death toll has surpassed 50,000 according to figures from the Office of National Statistics (ONS). Read more here.

Politics: Downing Street has refused to apologise after Boris Johnson claimed “too many care homes” did not follow the correct procedures during the coronavirus pandemic. Care home managers have reacted angrily to the prime minister’s comments, saying they followed government advice on protecting their patients and staff. Read more here.

The Conservative Party has moved its annual conference online, in the latest event to be hit by

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Trump Insists That Schools Open, But Teachers Aren’t So Sure

(Bloomberg) —

President Donald Trump has made his position clear: “SCHOOLS MUST OPEN IN THE FALL!!!” he tweeted Monday. As Covid-19 surges in parts of the U.S., many teachers aren’t convinced.

The pandemic’s ever-shifting nature has robbed school districts of the ability to plan with certainty — not only for instruction, but to provide protective equipment and intensive cleaning. Even if a sustained decline in infections allows them to open their doors, many are preparing a mix of in-person and remote education that is certain to fall short of the president’s expectations.

“The reality is that they have to map out several scenarios for the fall with the real possibility that they don’t know what the scenario will be on the first day of school,” said Betheny Gross, associate director of the Center on Reinventing Public Education at the University of Washington at Bothell, which has been tracking districts’ responses

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COVID-19 vaccine candidates secure funds; Lysol gets EPA nod

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus.

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FOOD & SHOPPING:

— Overall retail sales are expected to fall this year, but there’s one bright spot: online shopping. E-commerce sales are expected to rise 18% this year, with most of that spending going to Amazon and Walmart, according to market research firm eMarketer. The increase was helped by the popularity of services like buy online and pick up curbside. The pandemic has also forced some to shop online for the first time: online shopping among those 65 and older is expected to rise 12% this year.

— Good Times Restaurants, which runs Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, is reporting fiscal third-quarter same-store sales for Bad

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