Business news

• Jobkeeper has failed, and it’s hitting women and young people the hardest

  20-06-2020 22:00 via uk.finance.yahoo.com
  
  Jobkeeper has failed, and it’s hitting women and young people the hardestThe policy was too narrowly defined, and it hasn’t done the very thing it aimed to do: keep people in the labour force
  
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• 'Smashed from Mother's Day': flower shortage sweeps Australia during Covid crisis

  20-06-2020 22:00 via uk.finance.yahoo.com
  
  'Smashed from Mother's Day': flower shortage sweeps Australia during Covid crisisLocal growers unable to cope with a surge in demand during lockdown as imports from Africa grind to a halt
  
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• Italy's Intesa expects approval of UBI offer document next week, source says

  20-06-2020 21:14 via uk.finance.yahoo.com
  
  Italian market regulator Consob is expected to approve the document for Intesa Sanpaolo'sexchange offer for rival UBI Bancanext week, a person familiar with the matter said on Saturday.Intesa filed the investor prospectus for the offer with Consob late on Friday after including the outcome of a key hearing it held with Italy's antitrust authority the previous day, the person said.The bid unveiled by Intesa in February to create the euro zone's seventh-largest banking group had run into difficult
  
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• Ousting of U.S. prosecutor thrusts low-profile markets regulator into unwelcome spotlight

  20-06-2020 20:56 via uk.finance.yahoo.com
  
  Friday's surprise bid by the U.S. Department of Justice to replace a top federal prosecutor has thrust one of the Trump administration's more low-profile officials into a partisan storm which he is likely to try to quickly exit, said those who know him.Over the past 12 hours, Securities and Exchange Commission (SEC) Chairman Jay Clayton has come under enormous pressure to withdraw his nomination to replace U.S. Attorney in Manhattan Geoffrey Berman after he made it clear he was being ousted.In h
  
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• LA Lakers owner receives letter telling her to burn in hell with Kobe Bryant

  20-06-2020 18:22 via ibtimes.co.uk
  
  Buss decided to use the Lakers organisation to campaign against racism.
  
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• Coronavirus: Travellers could be tested at UK airports

  20-06-2020 18:12 via uk.finance.yahoo.com
  
  Coronavirus tests could be implemented in UK airports within weeks, to help passengers bypass the 14-day quarantine rule.
  
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• Primodos: The Secret Drug Scandal

  20-06-2020 18:02 via uk.finance.yahoo.com
  
  Primodos: The Secret Drug Scandal
  
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• Much will go up in smoke as ministers opt for fire sale of public land

  20-06-2020 18:00 via uk.finance.yahoo.com
  
  Much will go up in smoke as ministers opt for fire sale of public landA government spending money hand over fist will turn to the private sector, wooing it with assets going cheap
  
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• NHS Covid app developers 'tried to block rival symptom trackers'

  20-06-2020 17:54 via uk.finance.yahoo.com
  
  NHS Covid app developers 'tried to block rival symptom trackers'Developers claim government technology unit was hostile to other groups, hampering the fight against the disease
  
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• LeBron James says Stephen Curry would be great in any NBA era

  20-06-2020 17:45 via ibtimes.co.uk
  
  Older basketball fans would always say that modern players won't survive the physical era before the 2000's.
  
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• Coronavirus: Result of 2m social distancing review 'to come next week'

  20-06-2020 17:39 via bbc.co.uk
  
  Pubs and restaurants might not survive under current guidance in England, industry leaders warn.
  
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• NBA: Top free agents teams should snap up for season restart

  20-06-2020 17:28 via ibtimes.co.uk
  
  Usually, roster changes past the trade deadline are not allowed but the current situation has resulted in new opportunities.
  
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• Wirecard seeks new financing strategy after slashed rating

  20-06-2020 17:24 via uk.finance.yahoo.com
  
  This comes after news from last week that CEO Markus Braun is stepping down.
  
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• Lee Longlands store in administration due to lockdown

  20-06-2020 17:23 via bbc.co.uk
  
  Lee Longlands' first furniture shop opened in Birmingham in 1932 and it has been trading ever since.
  
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• Stock market crash: Here’s why I’d invest in UK shares now

  20-06-2020 17:20 via uk.finance.yahoo.com
  
  UK shares are making gains as the FTSE 100 index rises. This is the ideal time to invest because of the potential for capital growth. The post Stock market crash: Here's why I'd invest in UK shares now appeared first on The Motley Fool UK.
  
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• Firms are waking up to race issues, but critics say hashtags aren’t enough

  20-06-2020 17:09 via uk.finance.yahoo.com
  
  Firms are waking up to race issues, but critics say hashtags aren’t enough. Corporate Britain is under pressure to be seen to engage with social justice enough to push through real change
  
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• Boohoo investors revolt over pay rises and bonuses for execs

  20-06-2020 17:07 via uk.finance.yahoo.com
  
  Investors revolt against Boohoo pay policy to award boss £50m bonus and executives 30% salary increases.
  
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• Met Police ready to deal with protest violence

  20-06-2020 16:44 via uk.finance.yahoo.com
  
  Metropolitan Police commander Alex Murray calls for calm ahead of London protests but says police are ready to deal with any potential violence in the capital.
  
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• Coronavirus: Asda meat factory shuts down following outbreak

  20-06-2020 16:30 via uk.finance.yahoo.com
  
  The factory has been the third food plant in 48 hours in the UK to confirm an outbreak, the other two being in Wales.
  
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• Sunak: Social distancing review to report next week

  20-06-2020 15:44 via uk.finance.yahoo.com
  
  Chancellor Rishi Sunak says a government review into the two-meter social distancing measures is due to be completed next week.
  
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• Coronavirus: Airbus extends furlough scheme in UK, Spain

  20-06-2020 15:32 via uk.finance.yahoo.com
  
  Restructuring plans that could include job cuts are expected at the end of the month.
  
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• Why I’d buy cheap stocks in this coronavirus bear market

  20-06-2020 15:19 via uk.finance.yahoo.com
  
  Cheap stocks could offer greater scope for a long-term recovery after a challenging period for the stock market, in my opinion.The post Why I'd buy cheap stocks in this coronavirus bear market appeared first on The Motley Fool UK.
  
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• Air France subsidiary KLM to increase flights in July, August

  20-06-2020 15:15 via uk.finance.yahoo.com
  
  KLM, the Dutch subsidiary of Air France-KLM , is planning to ramp up the number of passenger flights it operates in July and again in August as travel restrictions linked to the global coronavirus outbreak ease, it said on Saturday.In a statement, KLM said it would operate 6,900 passenger flights in July and 13,100 in August, including some intercontinental lines.This month 3,000 KLM flights are scheduled to depart from Amsterdam, around 20%-30% of the usual number.
  
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• Coronavirus: Grassroots music venues call for £50m rescue package

  20-06-2020 15:11 via uk.finance.yahoo.com
  
  Music Venues Trust is asking government to support grassroots settings and implement VAT cut in ticket sales.
  
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• The Last of Us Part 2 review – Ellie's brutal revenge

  20-06-2020 14:00 via uk.finance.yahoo.com
  The Last of Us Part 2 review – Ellie's brutal revengeOur heroine goes on a zombie killing spree while this lavish-looking sequel attempts to address gun violence
  
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• Solar eclipse 2020: Rare Summer Solstice ‘ring of fire’ takes place this week

  20-06-2020 13:55 via uk.finance.yahoo.com
  
  A rare type of solar eclipse will coincide with the longest day of the year this week, marking only the second time since 1982 that these astronomical events take place on the same day.The annular solar eclipse will see the Sun, Moon and Earth align on Sunday, 21 June, creating a spectacular effect for sky gazers to witness across large parts of the world.
  
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• Neymar ordered to pay Barcelona £6 million after losing bonus dispute

  20-06-2020 13:47 via ibtimes.co.uk
  
  The PSG star lost his case against his former employers and ended up owing them money.
  
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• Forget easyJet shares! Here’s what I’d buy instead

  20-06-2020 13:47 via uk.finance.yahoo.com
  
  The easyJet plc (LON:EZJ) share price has been flying but Paul Summers thinks investors shouldn't get carried away. The post Forget easyJet shares! Here's what I'd buy instead appeared first on The Motley Fool UK.
  
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• Dividends are toppling! Are these the best UK shares to buy for worried investors?

  20-06-2020 13:47 via uk.finance.yahoo.com
  
  Dividends continue to fall like dominoes. But I reckon these FTSE 100 stocks should remain committed to chunky shareholder payouts.The post Dividends are toppling! Are these the best UK shares to buy for worried investors? appeared first on The Motley Fool UK.
  
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• Saudia Arabia builds BT stake in pandemic bargain hunt

  20-06-2020 13:46 via uk.finance.yahoo.com
  
  Saudi Arabia is believed to be building a stake in BT as part of a global shopping spree for blue-chip bargains during the pandemic. Three sources close to BT said the kingdom’s sovereign wealth fund, the $325bn (£263bn) Public Investment Fund (PIF), has been buying up shares on the open market in recent weeks. The investment comes with BT close to its lowest ebb in a decade. A combination of badly dented market confidence in its prospects and the broader coronavirus slump have left
  
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• Coronavirus: UK to issue new guidance for hospitality sector to reopen

  20-06-2020 13:18 via uk.finance.yahoo.com
  
  Patrons will be discouraged from ordering drinks at the bar. Surfaces will be cleaned at lest every hour.
  
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• Covid-19 has accelerated demise of high street, says former Iceland boss

  20-06-2020 13:12 via uk.finance.yahoo.com
  
  Retail expert Bill Grimsey said half of businesses were in danger of 'going bust' even before the pandemic.
  
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• The State Pension triple lock could be scrapped. This is what I’d do to protect myself

  20-06-2020 13:11 via uk.finance.yahoo.com
  
  Scrapping the State Pension triple lock could mean far more uncertainty for those in retirement. Here's how to avoid problems. The post The State Pension triple lock could be scrapped. This is what I’d do to protect myself appeared first on The Motley Fool UK.
  
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• How drug gangs took control of Mexico

  20-06-2020 13:11 via uk.finance.yahoo.com
  
  Sky's Stuart Ramsay explains how Narcos took control of Mexico and created the biggest and most violent drug route in the world.
  
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• La Liga: Messi escapes red card as Barcelona slips on title chance

  20-06-2020 13:02 via ibtimes.co.uk
  
  FC Barcelona only managed to save a point against Sevilla, giving Real Madrid a chance at the title.
  
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• London, Scotland and north east England SMEs worst hit by coronavirus

  20-06-2020 13:00 via uk.finance.yahoo.com
  
  Across the UK coronavirus is set to cost SMEs more than £69bn.
  
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• Coronavirus: Travel quarantine rules to relax for some countries

  20-06-2020 12:22 via uk.finance.yahoo.com
  
  Travel corridors could be introduced on 4 July allowing people to travel between the UK and certain European destinations without quarantine.
  
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• Wirecard seeks new financing strategy as Moody's downgrades firm to junk

  20-06-2020 12:07 via uk.finance.yahoo.com
  
  German payments firm Wirecardsaid late on Friday it had hired U.S. investment bank Houlihan Lokeyto develop a new financing strategy as Moody's slashed the company's rating to junk following the disappearance of 1.9 billion euros.The scandal-hit company is desperately seeking to reassure investors after its search for the missing cash hit a dead end in the Philippines, prompting ratings agencies to react.The company's CEO quit on Friday.
  
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• Wirecard seeks new financing strategy after Moody's junk downgrade

  20-06-2020 12:07 via uk.finance.yahoo.com
  
  German payments firm Wirecardsaid it had hired U.S. investment bank Houlihan Lokeyto devise a new financing strategy after Moody's slashed the company's rating to junk over the disappearance of 1.9 billion euros.The scandal-hit company, whose CEO resigned on Friday, is desperately seeking to reassure investors after its search for the missing cash hit a dead end in the Philippines, prompting ratings agencies to react."The downgrade of Wirecard's ratings and review for further downgrade reflect t
  
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• Travel clinic: what you need to know about your summer holidays

  20-06-2020 12:00 via uk.finance.yahoo.com
  
  Travel clinic: what you need to know about your summer holidaysFrom flights, ferries and quarantine to staycations and insurance, the lowdown on your rights
  
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• Peer-to-peer lenders forced to abandon retail roots

  20-06-2020 12:00
  Groups turn to big financial institutions amid falling demand and nervous investors
  
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• I think these are 2 of FTSE 100’s best UK shares to buy after the stock market crash

  20-06-2020 11:59 via uk.finance.yahoo.com
  
  I think these two quality FTSE 100 companies are among the best UK shares to buy as a result of the major sell-off in equities. The post I think these are 2 of FTSE 100’s best UK shares to buy after the stock market crash appeared first on The Motley Fool UK.
  
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• Dividend investing: Should you buy oil stocks like BP if another FTSE market crash comes?

  20-06-2020 11:41 via uk.finance.yahoo.com
  
  Long-term FTSE 100 (INDEXFTSE:UKX) investors may consider buying the dips in oil stocks like BP plc (LON:BP).The post Dividend investing: Should you buy oil stocks like BP if another FTSE market crash comes? appeared first on The Motley Fool UK.
  
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• UK asks telecom providers to stockpile Huawei gear

  20-06-2020 11:37 via uk.finance.yahoo.com
  
  UK officials fear US sanctions could disrupt the Chinese company’s ability to maintain supplies.
  
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• Market crash: 3 lessons to learn from Warren Buffett

  20-06-2020 11:35 via uk.finance.yahoo.com
  
  Warren Buffett has invested in a market crash or two. When FTSE 100 shares are falling, it might be wise to listen to his advice.The post Market crash: 3 lessons to learn from Warren Buffett appeared first on The Motley Fool UK.
  
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• Coronavirus: Demand for mortgage support staff soars

  20-06-2020 11:21 via uk.finance.yahoo.com
  
  An estimated 30,000 additional contingent resource staff might be needed.
  
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• Coronavirus: Aer Lingus to axe 500 jobs

  20-06-2020 11:18 via uk.finance.yahoo.com
  
  Irish airline Aer Lingus blame government for forcing their hand in the axing of 500 jobs
  
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• Forget gold and Bitcoin! I’m buying FTSE 100 stocks to get rich

  20-06-2020 11:05 via uk.finance.yahoo.com
  
  Gold and Bitcoin might look like safe havens in uncertain times, but their long-term performance is mixed. FTSE 100 stocks may be the better buy. The post Forget gold and Bitcoin! I'm buying FTSE 100 stocks to get rich appeared first on The Motley Fool UK.
  
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• Shell’s share price has fallen by 40%. Is it time to buy?

  20-06-2020 11:03 via uk.finance.yahoo.com
  
  Is now the right time to be buying unloved energy stocks? Roland Head explains why he thinks Shell's battered share price offers an opportunity.The post Shell's share price has fallen by 40%. Is it time to buy? appeared first on The Motley Fool UK.
  
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• Scottish Mortgage Investment Trust is up 34% this year. Is it too late to buy now?

  20-06-2020 11:00 via uk.finance.yahoo.com
  
  Scottish Mortgage Investment Trust has outperformed the FTSE 100 index by a wide margin over the last year. Can SMT keep outperforming? The post Scottish Mortgage Investment Trust is up 34% this year. Is it too late to buy now? appeared first on The Motley Fool UK.
  
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