Business news

• Don’t be fooled when the stock market rises: it doesn't always align with reality

  13-06-2020 22:00 via uk.finance.yahoo.com
  
  Don’t be fooled when the stock market rises: it doesn't always align with reality. A large proportion of what we have seen in strong rises is a wilful desire to pretend things are not as bad as they are
  
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• 'Who cares about the AAA rating?': the Covid financial crisis calls for reset, not recovery

  13-06-2020 22:00 via uk.finance.yahoo.com
  
  'Who cares about the AAA rating?': the Covid financial crisis calls for reset, not recovery. Australia could respond the way it did after the global financial crisis, but many are wondering if that’s enough any more
  
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• AstraZeneca agrees to make Covid-19 vaccine for Europe

  13-06-2020 19:19 via uk.finance.yahoo.com
  
  Europe’s Inclusive Vaccines Alliance was forged by Germany, France, Italy and the Netherlands.
  
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• Congo loses £1.5m worth of tax from smuggled gold

  13-06-2020 19:00 via uk.finance.yahoo.com
  
  "Significant" volumes of gold are being smuggled out of Congo with some profits funding militia.
  
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• Protesters and police collide as curfew starts

  13-06-2020 18:55 via uk.finance.yahoo.com
  
  Protesters and police altercations have broken out at London’s Waterloo station following protests. Large crowds can be seen at the transport hub as police enforce a 5pm curfew for all protesters. .
  
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• Premier League teams to print 'Black Lives Matter' on players' kits

  13-06-2020 18:24 via ibtimes.co.uk
  
  Racism is also an ongoing issue in football.
  
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• Legal row as Cineworld drops $1.7bn Cineplex deal

  13-06-2020 18:16 via uk.finance.yahoo.com
  
  The cinema chain Cineworld is bracing for a court battle with its latest takeover target after pulling out of the deal and triggering a row over the terms. Cineworld claims Cineplex, the dominant cinema chain in Canada, has suffered a “material adverse effect” under the terms of the deal, which included a ceiling of $725m (£578m) on its debts. Cineplex in turn accuses Cineworld of unlawfully abandoning the $1.7bn debt-fuelled merger because of the lockdown pressure on its finan
  
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• Coronavirus: Games Workshop to refund government payout as sales soar

  13-06-2020 17:56 via uk.finance.yahoo.com
  
  Games Workshop is set to repay government handouts after an unexpected upturn in business as its shops reopen.
  
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• Magic Johnson will get his own 'The Last Dance' documentary

  13-06-2020 17:51 via ibtimes.co.uk
  
  The documentary is expected to come out in 2021.
  
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• NBA star Kyrie Irving calls on players to boycott 2019-20 season

  13-06-2020 17:23 via ibtimes.co.uk
  
  Irving and some other players want to boycott the season as a form of protest.
  
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• Coronavirus: AstraZeneca signs deal to make vaccine for Europe

  13-06-2020 17:09 via uk.finance.yahoo.com
  
  AstraZeneca reached an agreement with Europe’s Inclusive Vaccines Alliance to supply up to 400 million doses of a COVID-19 vaccine.
  
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• Lots of distancing, no long-distance: airlines cautiously return to the sky

  13-06-2020 17:00 via uk.finance.yahoo.com
  
  Lots of distancing, no long-distance: airlines cautiously return to the skyMonday’s easyJet flight from London to Glasgow will be its first scheduled departure for 11 weeks. How will the public respond?* Coronavirus – latest updates* See all our coronavirus coverage
  
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• NBA season restart: Here's what to expect come July 30

  13-06-2020 16:54 via ibtimes.co.uk
  
  The NBA is determined to finish the season despite the ongoing risks.
  
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• Coronavirus: Customers could pay up to £120 to receive holiday refund

  13-06-2020 16:48 via uk.finance.yahoo.com
  
  Refund credit notes from bust tour operator Shearings must be signed off by an official, costing customers up to £120, claims Which?
  
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• Cineworld’s share price is down 65%! Here’s what I’d do now

  13-06-2020 16:41 via uk.finance.yahoo.com
  
  The Cineworld share price has collapsed recently. Has this opened up a great buying opportunity for contrarian value investors?The post Cineworld's share price is down 65%! Here’s what I’d do now appeared first on The Motley Fool UK.
  
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• Ronaldo misses penalty as Juventus advances to Coppa Italia final

  13-06-2020 16:29 via ibtimes.co.uk
  
  Juventus advances on away goals after a goalless draw at home against AC Milan in the second leg of the semis.
  
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• Coronvirus: Britons save big as spending falls amid lockdown

  13-06-2020 16:24 via uk.finance.yahoo.com
  
  The average Briton may have saved up to £700 per month during the coronavirus-related lockdown, which has meant little to no commuting.
  
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• Why aren’t more investors talking about investing in this British cybersecurity company?

  13-06-2020 16:20 via uk.finance.yahoo.com
  
  This British cybersecurity company doesn’t get the attention it deserves, and I think it’s shares in NCC are looking good.The post Why aren’t more investors talking about investing in this British cybersecurity company? appeared first on The Motley Fool UK.
  
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• Italy, Germany, France and Netherlands sign contract with Astrazeneca for COVID vaccine

  13-06-2020 15:37 via uk.finance.yahoo.com
  
  Italy, Germany, France and the Netherlands have signed a contract with Astrazenecato supply European citizens with a vaccine against the coronavirus, Italy's health minister said on Saturday.The contract is for 400 million doses of the vaccine, which was developed with the University of Oxford and whose experimentation phase is already advanced and expected to end in autumn, Roberto Speranza said in a Facebook post.
  
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• Astrazeneca wins coronavirus vaccine deal with Germany, France, Italy and the Netherlands

  13-06-2020 15:37 via uk.finance.yahoo.com
  
  British drugmaker AstraZeneca Plcsaid on Saturday it signed a contract with Italy, Germany, France and the Netherlands to supply Europe with a vaccine against the coronavirus, with deliveries starting by the end of 2020.The contract is for up to 400 million doses of the vaccine, developed by the University of Oxford, the company said, adding that it was looking to expand manufacturing of the vaccine, which it pledged to provide for no profit during the pandemic.The experimentation phase of the v
  
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• AstraZeneca agrees to supply Europe with 400 million doses of COVID-19 vaccine

  13-06-2020 15:37 via uk.finance.yahoo.com
  
  AstraZeneca Plcsaid on Saturday it signed a contract with European governments to supply the region with its potential vaccine against the coronavirus, the British drugmaker's latest deal to pledge its drug to help combat the pandemic.The contract is for up to 400 million doses of the vaccine, developed by the University of Oxford, the company said, adding that it was looking to expand manufacturing of the vaccine, which it said it would provide for no profit during the pandemic.The deal is the
  
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• Coronavirus: Government issues urgent call for job creation schemes

  13-06-2020 15:29 via uk.finance.yahoo.com
  
  A letter from the housing minister has been sent to regional business leaders asking for urgent job creation ideas.
  
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• Police and protesters clash

  13-06-2020 15:22 via uk.finance.yahoo.com
  
  Police and counter-protesters clash as tensions rise. Police can be seen trying to disperse crowds, with altercations occasionally breaking out. .
  
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• Twitter restores account of financial market website Zero Hedge

  13-06-2020 15:11 via uk.finance.yahoo.com
  
  In February Twitter banned Zero Hedge after it published an article linking a Chinese scientist to the coronavirus outbreak.The website, which covers mostly finance and economics-related news, posts articles using the pseudonym Tyler Durden, a fictional character played by Brad Pitt in the movie "Fight Club".Twitter said in February it had permanently suspended the account for violating "platform manipulation policy".
  
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• Cineworld axes $1.65bn Cineplex deal

  13-06-2020 14:14 via uk.finance.yahoo.com
  
  Cineplex claims the decision is due to the economic fallout of the coronavirus pandemic, and will begin legal proceedings against Cineworld.
  
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• Sell in June? No way, I’d buy this FTSE 100 star today!

  13-06-2020 14:08 via uk.finance.yahoo.com
  
  On Thursday, worried investors sold shares and the FTSE 100 fell steeply. But I'd never be nervous buying this share, as it's a massive success story!The post Sell in June? No way, I'd buy this FTSE 100 star today! appeared first on The Motley Fool UK.
  
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• The Just Eat Takeaway share price has plunged! Here’s what I’d do about the FTSE 100 stock now

  13-06-2020 13:50 via uk.finance.yahoo.com
  
  The Just Eat Takeaway share price has plunged on news that it’s acquiring GrubHub. But is that necessarily a long-term negative for the food delivery app? The post The Just Eat Takeaway share price has plunged! Here’s what I’d do about the FTSE 100 stock now appeared first on The Motley Fool UK.
  
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• Sports Direct group owner goes upmarket with £97m stake in Hugo Boss

  13-06-2020 13:39 via uk.finance.yahoo.com
  
  The owners of Sports Direct have bought a share of Hugo Boss for £97m in a bid to shift towards premium brands.
  
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• AmEx clinches joint venture license to move into China

  13-06-2020 13:20 via uk.finance.yahoo.com
  
  The approval comes amid mounting US-China tensions, and conflict over Beijing’s imposition of national security law in Hong Kong.
  
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• Why this market crash could boost your chances of making a million

  13-06-2020 12:26 via uk.finance.yahoo.com
  
  The market crash may allow investors to buy undervalued stocks ahead of a recovery, and could strengthen dominant businesses in a variety of industries.The post Why this market crash could boost your chances of making a million appeared first on The Motley Fool UK.
  
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• Austria plans coronavirus help for jobless, families

  13-06-2020 12:26 via uk.finance.yahoo.com
  
  The Austrian government intends to make one-off payments to jobless people and boost spending on families with children as part of measures this year to cushion the blow from the coronavirus pandemic, its coalition leaders said.Measures to be approved at a cabinet meeting next week include payments of 450 euros ($506) to the unemployed and 360 euros per child under 18, Chancellor Sebastian Kurz and Greens party leader Werner Kogler told broadcaster ORF in interviews aired on Saturday.In addition
  
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• New book on Melania Trump claims she renegotiated her prenuptial agreement

  13-06-2020 12:25 via ibtimes.co.uk
  
  The book titled, 'The Art of Her Deal: The Untold Story of Melania Trump', written by Mary Jordan is scheduled for released next week.
  
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• Coronavirus: Employers to be given 30 days to admit to furlough fraud

  13-06-2020 12:24 via uk.finance.yahoo.com
  
  More than 1,900 claims of furlough fraud have been reported to a government hotline as new legislation tries to clamp down on abuse of the job retention scheme.
  
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• Fear another stock market crash? Here’s what I’m doing now

  13-06-2020 12:11 via uk.finance.yahoo.com
  
  A stock market crash could be round the corner, so what should an investor do with so much risk around? The post Fear another stock market crash? Here’s what I’m doing now appeared first on The Motley Fool UK.
  
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• FTSE investing: why I’d follow Warren Buffett’s advice to get rich

  13-06-2020 12:02 via uk.finance.yahoo.com
  
  Many investors follow legendary investor Warren Buffett’s advice when it comes to successful investing for the long run. Let's take a closer look.The post FTSE investing: why I’d follow Warren Buffett’s advice to get rich appeared first on The Motley Fool UK.
  
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• Forget gold and Bitcoin. The market crash is your chance to buy bargain FTSE 100 stocks

  13-06-2020 11:53 via uk.finance.yahoo.com
  
  This year's stock market crash came as a massive shock but it is also a fantastic opportunity to build wealth for the future.The post Forget gold and Bitcoin. The market crash is your chance to buy bargain FTSE 100 stocks appeared first on The Motley Fool UK.
  
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• The second stock market crash of 2020 could be coming. I’d buy this stock

  13-06-2020 11:46 via uk.finance.yahoo.com
  
  This investment trust has an excellent track record of protecting investors' cash in a stock market crash says this Fool. The post The second stock market crash of 2020 could be coming. I'd buy this stock appeared first on The Motley Fool UK.
  
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• Coronavirus: UK economy slowly recovering, says Bank of England chief

  13-06-2020 11:33 via uk.finance.yahoo.com
  
  Andrew Bailey said there are signs the UK economy is coming back to life and that the bank is willing to take action to help the country get through the pandemic.
  
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• Beano and Bank of England team up on financially educating kids

  13-06-2020 11:26 via uk.finance.yahoo.com
  
  The Beano is bringing its band of cheeky characters to a new initiative in the Personal, Social, Health and Economic curriculum.
  
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• Looking for a FTSE 100 bargain? I’d buy Lloyds shares right now

  13-06-2020 11:16 via uk.finance.yahoo.com
  
  Lloyds shares could be one of the cheapest investments in the FTSE 100 with the potential for large capital gains over the next few years. The post Looking for a FTSE 100 bargain? I'd buy Lloyds shares right now appeared first on The Motley Fool UK.
  
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• The BP share price has fallen 25%! Here’s what I’d do

  13-06-2020 11:15 via uk.finance.yahoo.com
  
  After recent declines, the BP share price looks to offer a wide margin of safety and could produce large profits for investors over the next few years.The post The BP share price has fallen 25%! Here's what I'd do appeared first on The Motley Fool UK.
  
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• Crackdown on furlough fraudsters amid mounting evidence abuse of the government scheme is rampant

  13-06-2020 11:11 via uk.finance.yahoo.com
  
  After two anxious months and well over 100 applications, Charlie Owens* has finally found a new job after being sacked by his previous employer for speaking out about what he believed to be clear defrauding of the government’s furlough scheme.A team of around 30 people at the digital marketing agency he worked at were told in March they had to take a 20 per cent pay cut. What bosses did not make clear until later, was that taxpayers would be funding their wages - even though they were stil
  
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• 'Good Morning America' fires Meghan Markle's best friend Jessica Mulroney

  13-06-2020 11:09 via ibtimes.co.uk
  
  Influencer Sasha Exeter has alleged that the stylist even messaged her directly threatening to sue her for libel.
  
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• 3 reasons why I’d buy bargain FTSE 100 dividend stocks today to make a passive income

  13-06-2020 10:41 via uk.finance.yahoo.com
  
  I think that FTSE 100 (INDEXFTSE:UKX) dividend shares offer a promising long-term return outlook after the recent decline of the stock market.The post 3 reasons why I’d buy bargain FTSE 100 dividend stocks today to make a passive income appeared first on The Motley Fool UK.
  
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• Every stock market crash offers bargains: I’d buy these cheap FTSE 100 shares now

  13-06-2020 10:32 via uk.finance.yahoo.com
  
  There’s more chance of bagging a bargain price with shares if we buy when fear and worry are in the air, such as during a stock market crash.The post Every stock market crash offers bargains: I’d buy these cheap FTSE 100 shares now appeared first on The Motley Fool UK.
  
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• Could these stocks make you rich in a post-coronavirus world?

  13-06-2020 10:03 via uk.finance.yahoo.com
  
  Might these stocks make you a mint following the Covid-19 outbreak? Royston Wild gives the lowdown on the profits outlook of these two small caps.The post Could these stocks make you rich in a post-coronavirus world? appeared first on The Motley Fool UK.
  
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• I think these are the best UK shares to buy now if you want to make a million from the stock market crash

  13-06-2020 10:01 via uk.finance.yahoo.com
  
  I reckon buying the best cheap UK shares on offer today, and holding them for the long term, could boost your chances of building wealth over the long term immensely.The post I think these are the best UK shares to buy now if you want to make a million from the stock market crash appeared first on The Motley Fool UK.
  
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• This could be the start of ANOTHER stock market crash. Here’s what I’m doing now

  13-06-2020 09:59 via uk.finance.yahoo.com
  
  Stock market volatility is back. On Thursday, the FTSE 100 index fell 4% while the Dow Jones sank 7%. Is this the start of another stock market crash? The post This could be the start of ANOTHER stock market crash. Here’s what I’m doing now appeared first on The Motley Fool UK.
  
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• Trump boasts about race record

  13-06-2020 09:58 via uk.finance.yahoo.com
  
  Trump takes "a pass on Abe" Lincoln, but says he's done more for the black community than any other US president.
  
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• Prince Charles, Camilla to return to London to receive French president Emmanuel Macron

  13-06-2020 09:58 via ibtimes.co.uk
  
  The 80th anniversary of General de Gaulle's 'Appel' will be marked on June 18.
  
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