Business news

• Ireland plans to extend expanded help-to-buy home scheme beyond 2020

  24-07-2020 21:58 via uk.finance.yahoo.com
  
  Ireland plans to extend a newly expanded government subsidy for first-time home buyers beyond the six-month window announced as part of a plan to stimulate the coronavirus-hit economy, Deputy Prime Minister Leo Varadkar said on Friday."It is intended to extend it beyond December 31 but we have to do a consultation with the Central Bank first," Varadkar told Virgin Television news in an interview.
  
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• Boeing to delay 777X as demand drops for big jets - sources

  24-07-2020 21:53 via uk.finance.yahoo.com
  
  Boeing Cois preparing to delay its all-new 777X jet by several months or up to a year, three people familiar with the matter said, as the COVID-19 crisis exacerbates a drop in demand for the industry's largest jetliners.Boeing hopes to bring the jet to market as passenger travelrebounds after a downturn caused by the pandemic.Delay could also cause problems in Boeing's supply chain.
  
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• Transport for London seeks second bailout as funding shortfall widens to £6.4bn

  24-07-2020 20:05 via uk.finance.yahoo.com
  
  Transport for London is set to ask the Government for a second bailout after the pandemic pushed its funding shortfall to £6.4bn. The network will need total funding of £3.5bn from the taxpayer for the current financial year, according to a revised budget released on Friday – an increase of £300m from previous estimates. The sluggish return of passengers means it will also require an additional £2.9bn for the financial year 2021-22, TfL said. It comes as the transpo
  
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• McCann suspect accused of rape

  24-07-2020 19:51 via uk.finance.yahoo.com
  
  Police investigating Madeleine McCann's disappearance are looking into claims of rape against the suspect.
  
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• Roy George obituary

  24-07-2020 19:49 via uk.finance.yahoo.com
  
  Roy George obituary
  
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• ECB tells Monte dei Paschi to boost capital for bad loan deal - sources

  24-07-2020 19:20 via uk.finance.yahoo.com
  
  The European Central Bank has told troubled Italian lender Banca Monte dei Paschi di Sienato strengthen its capital base by around 700 million euros (637 million pounds) to allow a planned spin-off of its bad loans portfolio, two sources close to the matter said on Friday.The ECB, Monte dei Paschi and the Italian Treasury, which controls the bank, all declined to comment.Monte dei Paschi last month approved a plan to offload more than 8 billion euros in bad and unlikely-to-pay loans to state-own
  
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• Depp and Heard depart court on last day of trial

  24-07-2020 19:10 via uk.finance.yahoo.com
  
  Johnny Depp and Amber Heard depart court on the last day of the actor's libel action against News Group Newspapers.
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• Intel shares dive on apparent manufacturing retreat; rival chip stocks jump

  24-07-2020 18:59 via uk.finance.yahoo.com
  
  Intel plunged 15% after CEO Bob Swan told investors on a conference call late on Thursday that Intel's new 7 nanometer chip technology was six months behind schedule and that Intel may pay other manufacturers to produce its chip designs.Designing and manufacturing its own personal computer and server chips has given Intel a lead over rivals for decades, and a move away from that model would strengthen smaller rival Advanced Micro Devices , which surged 15%."This, our 45th Intel earnings call, wa
  
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• Robot drone inspired by world’s fastest bird can act as ‘paraglider, aeroplane and helicopter’

  24-07-2020 18:57 via uk.finance.yahoo.com
  
  A wing-flapping drone inspired by the world’s fastest bird has been developed that could one day find use in everything from surveillance operations to flower pollination.An international team of researchers designed the 26-gram ornithopter drone to hover, dart, glide, and dive just like a swift, making it far more versatile than a traditional quadcopter drone.
  
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• Ford obtains commitments to extend most of $5.35 billion of loans

  24-07-2020 18:56 via uk.finance.yahoo.com
  
  Ford Motor Co has obtained commitments from enough relationship banks to extend the maturity of at least 90% of $5.35 billion (4.2 billion pounds) of revolving loans for one year, a source close to the financing said.The second-largest US automaker was in discussions with its bank lenders since early July about a one-year extension of its $3.35 billion three-year main corporate revolving credit facility and its $2 billion three-year supplemental revolving credit facility.JP Morgan leads the deal
  
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• £5,000 to invest? This is how I’d get rich by following George Clason

  24-07-2020 18:48 via uk.finance.yahoo.com
  
  In 1926, George Clason wrote his famous book "The Richest Man in Babylon". Anna Sokolidou explains why this book on getting rich is still relevant today. The post £5,000 to invest? This is how I'd get rich by following George Clason appeared first on The Motley Fool UK.
  
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• Venezuela central bank wins right to appeal British ruling recognising Guaido - lawyers

  24-07-2020 18:38 via uk.finance.yahoo.com
  
  Lawyers for Venezuela's central bank (BCV) said on Friday they have won the right to appeal a ruling by the English High Court which recognised Venezuela's opposition leader Juan Guaido as the country's president.The decision follows a ruling earlier this month which is part of a tug-of-war over whether Guaido or Nicolas Maduro should control $1 billion (784 million pounds) of Venezuela's gold reserves stored at the Bank of England in London."It is incredibly rare for a trial judge to give leave
  
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• Telegraph Money racks up wins at Headlinemoney awards

  24-07-2020 18:37 via uk.finance.yahoo.com
  
  Telegraph Money journalists have scooped six titles – more than any other publication – at the prestigious Headlinemoney awards, known as the “Oscars of financial journalism”. Katie Morley won three awards, including consumer champion of the year, consumer money journalist of the year and overall best journalist. In her first year in the role Katie returned more than £2m to readers wronged by financial companies. The judges said: “Katie gets to the bottom of c
  
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• London markets slide as US-China tensions offset positive UK economic data

  24-07-2020 18:33 via uk.finance.yahoo.com
  
  The FTSE 100 closed 87.62 points lower at 6,123.82p at the end of trading on Friday.
  
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• Transport for London says it will need £6.4bn in funding support

  24-07-2020 18:29
  UK capital’s transport network hit by sharp drop in passenger revenues
  
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• British Airways owner gears up for £2.5bn emergency funding

  24-07-2020 18:26 via uk.finance.yahoo.com
  
  British Airways’ owner is preparing to land a €2.75bn (£2.5bn) rights issue to bolster cash reserves drained by the coronavirus pandemic. IAG, the FTSE 100 airlines group that also owns Aer Lingus and Iberia, said it was “evaluating the merits” of going cap in hand to investors to “further strengthen” its balance sheet. The announcement followed IAG raising £750m from American Express, which pre-purchased Avios loyalty points for future flights by t
  
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• These 10 FTSE 100 shares have crashed up to 66%. I’d buy two ‘fallen angels’ today!

  24-07-2020 18:25 via uk.finance.yahoo.com
  
  The FTSE 100 is down almost 20% in six months, but these 10 shares have done far worse. I'd buy two of these smashed stocks today.The post These 10 FTSE 100 shares have crashed up to 66%. I'd buy two 'fallen angels' today! appeared first on The Motley Fool UK.
  
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• Why I think this FTSE 250 share is a market crash opportunity

  24-07-2020 18:18 via uk.finance.yahoo.com
  
  This Fool explores a market crash opportunity that may benefit from lockdown restrictions being eased and the popularity of a new hobby.The post Why I think this FTSE 250 share is a market crash opportunity appeared first on The Motley Fool UK.
  
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• 'The masks are everywhere today' – England's shoppers finally cover up

  24-07-2020 18:04 via uk.finance.yahoo.com
  
  'The masks are everywhere today' – England's shoppers finally cover up. A week ago few would have worn a face covering, on Friday most shoppers in Devizes or Stratford followed the rules
  
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• Harley-Davidson's results likely to reflect another quarter of coronavirus pain

  24-07-2020 17:56 via uk.finance.yahoo.com
  
  Harley-Davidson Incwill give investors next week a fresh look at the coronavirus pandemic's impact on operations and offer more details of plans to turn around 117-year-old motorcycle company that has been grappling with an aging customer base.For the quarter through June, when the virus-induced lockdowns took their biggest toll on companies, Harley's profit is expected to plunge by 97% year-over-year to 4 cents a share, according to IBES data from Refinitiv.Tuesday's earnings release will come
  
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• Spain considering guaranteeing credit lines to renewables firm Abengoa - source

  24-07-2020 17:53 via uk.finance.yahoo.com
  
  The Spanish government is considering granting guarantees and credit lines to renewable energy and engineering firm Abengoain a bid to keep the company afloat, a source with knowledge of the negotiations said.Spanish state agency ICO will guarantee up to 70% of the 180 million euros (164 million pounds) that bank creditors including Bankiaand Santanderare considering lending to the company, the source said.ICO may also directly lend Abengoa 50 million euros, while an extra 20 million loan is bei
  
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• Junk food ad ban speculation rattles UK food industry

  24-07-2020 17:45 via uk.finance.yahoo.com
  
  The government is reportedly planning to restrict how unhealthy food is sold in efforts to combat obesity in the UK.
  
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• Passengers applaud as woman gets kicked off aircraft for refusing to wear mask

  24-07-2020 17:44 via ibtimes.co.uk
  
  American Airlines removed the passenger from the aircraft as she breached the company's rule requiring passengers to wear face masks.
  
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• 'Major' breakthrough in Covid-19 drug makes UK professors millionaires

  24-07-2020 17:42 via uk.finance.yahoo.com
  
  'Major' breakthrough in Covid-19 drug makes UK professors millionaires. Synairgen’s share price rises 540% on morning of news of successful drugs trial
  
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• Germany's Scholz backs tougher oversight ahead of Wirecard hearing

  24-07-2020 17:33 via uk.finance.yahoo.com
  
  German Finance Minister Olaf Scholz on Friday proposed to toughen financial oversight of companies, seeking to pre-empt an expected parliamentary backlash over the failure of regulators to spot the huge fraud that obliterated Wirecard .Scholz rushed out a reform agenda that would give financial watchdog BaFin greater investigative and enforcement powers, broaden its mandate to cover non-banking financial institutions and toughen penalties against lax auditors."We need to trust balance sheets," S
  
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• What Is Snus And Why Are The British Crazy For It?

  24-07-2020 17:25 via ibtimes.co.uk
  
  Snus is a Swedish tobacco product that has been used for many hundreds of years' and is arguably the reason for Sweden's low figure of smokers.
  
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• SpaceX's Starlink satellites ruin photos of rare Neowise comet appearance that only happens every 6800 years

  24-07-2020 17:22 via uk.finance.yahoo.com
  
  Images of the Comet Neowise, which is currently shooting across the outer Solar System, have been disrupted by Elon Musk’s SpaceX Starlink Satellites.Neowise only makes its journey once every 6800 years, but the satellite network has obstructed views of the comet.
  
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• Former Barcelona star David Villa calls sexual harassment allegations 'entirely false'

  24-07-2020 17:22 via ibtimes.co.uk
  
  The retired striker has released a statement denying accusations made against him.
  
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• Why Plover Bay Technologies (HKG:1523) will appeal to moat investors

  24-07-2020 17:17 via uk.finance.yahoo.com
  
  There's an exclusive group of companies in the stock market that stand out because they've got what billionaire investor Warren Buffett calls economic moats. L...
  
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• Why Gaztransport Et Technigaz Sa (EPA:GTT) will appeal to moat investors

  24-07-2020 17:17 via uk.finance.yahoo.com
  
  There's an exclusive group of companies in the stock market that stand out because they've got what billionaire investor Warren Buffett calls economic moats. L...
  
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• Kyungdong Pharm share price hits a one-year high

  24-07-2020 17:17 via uk.finance.yahoo.com
  
  Shares in Kyungdong Pharm (KOSDAQ:11040) are currently trading close to a 52 week high, with the share price up by around 46.9% to 18300 over the past week. On...
  
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• Are shares in Information Services International-dentsu ready to fly?

  24-07-2020 17:17 via uk.finance.yahoo.com
  
  Shares in Information Services International-dentsu (TYO:4812) are currently trading at 5840 but a key question for investors is how the economic uncertainty c...
  
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• Analysts optimistic on Mcdonald's outlook

  24-07-2020 17:17 via uk.finance.yahoo.com
  
  The Mcdonald's (NYQ:MCD) share price has risen by 5.86% over the past month and it’s currently trading at 197.85. For investors considering whether to buy, hol...
  
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• What's the future for the Jumbo Interactive (ASX:JIN) share price?

  24-07-2020 17:16 via uk.finance.yahoo.com
  
  Given the present disruption and volatility in the stock market, it is more important than ever to identify high quality stocks for your portfolio. That means...
  
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• Why quality and value are key drivers of the Tenet Healthcare share price

  24-07-2020 17:14 via uk.finance.yahoo.com
  
  Quality and value are two of the most important drivers of stock market returns - yet many investors fail to take them seriously. At a time of deep economic un...
  
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• Two reasons to look twice at Envea Sa (EPA:ALTEV)

  24-07-2020 17:14 via uk.finance.yahoo.com
  
  The Envea Sa (EPA:ALTEV) share price is currently trading at 108.5. But given the volatile market conditions and uncertain economic outlook, the question now i...
  
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• Here are two reasons why Kindred (STO:KIND SDB) could be a stock to watch

  24-07-2020 17:14 via uk.finance.yahoo.com
  
  The Kindred (STO:KIND SDB) share price is currently trading at 58.18. But to try and predict what the price will look like in the next 12 months and beyond, it...
  
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• Two factors that could drive the Regional Express Holdings share price higher

  24-07-2020 17:13 via uk.finance.yahoo.com
  
  Shares in Regional Express Holdings (ASX:REX) are currently trading at 1.1, but a key question for investors is how much the current economic uncertainty will...
  
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• What factors will move the Wienerberger Ag share price?

  24-07-2020 17:11 via uk.finance.yahoo.com
  
  Shares in Wienerberger Ag (WBAG:WIE) are currently trading at 20.28 but a key question for investors is how the economic uncertainty caused by Coronavirus will...
  
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• Does the Jindal Stainless (hisar) share price make it a stock for contrarians?

  24-07-2020 17:09 via uk.finance.yahoo.com
  
  Buying quality merchandise when it's on sale is a stock market strategy used by some of the greatest investors in the world - including Warren Buffett. After t...
  
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• Keep an eye on the momentum at Skeena Resources

  24-07-2020 17:08 via uk.finance.yahoo.com
  
  Anyone familiar with stock market screeners will know that shares in Skeena Resources (CVE:SKE) have been in an uptrend in recent months, with strong relative...
  
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• Stock market crash: I think these 2 UK shares could be the best to buy right now

  24-07-2020 17:06 via uk.finance.yahoo.com
  
  Rising US-China tensions could cause another stock market crash, but here are two shares that have actually benefited from volatile markets.The post Stock market crash: I think these 2 UK shares could be the best to buy right now appeared first on The Motley Fool UK.
  
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• Rises in UK retail sales and business activity boost Covid-19 recovery hopes

  24-07-2020 17:06 via uk.finance.yahoo.com
  
  Rises in UK retail sales and business activity boost Covid-19 recovery hopes. Consumer spending recovers near pre-pandemic levels but UK still on course for recession
  
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• What factors will move the Taro Pharmaceutical Industries share price?

  24-07-2020 17:01 via uk.finance.yahoo.com
  
  Shares in Taro Pharmaceutical Industries (NYQ:TARO) are currently trading at 64.31 but a key question for investors is how the economic uncertainty caused by C...
  
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• Analysts optimistic on Marico outlook

  24-07-2020 17:01 via uk.finance.yahoo.com
  
  The Marico (NSI:MARICO) share price has risen by 3.66% over the past month and it’s currently trading at 357.1. For investors considering whether to buy, hold...
  
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• UK working mothers are 'sacrificIal lambs' in coronavirus childcare crisis

  24-07-2020 17:00 via uk.finance.yahoo.com
  
  UK working mothers are 'sacrificIal lambs' in coronavirus childcare crisis. Exclusive: Survey reveals lack of childare played role in almost half of female layoffs
  
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• UK working mothers are 'sacrifical lambs' in coronavirus childcare crisis

  24-07-2020 17:00 via uk.finance.yahoo.com
  
  UK working mothers are 'sacrifical lambs' in coronavirus childcare crisis. Exclusive: Survey reveals lack of childare played role in almost half of female layoffs
  
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• Why the dividend on offer at Home Bancorp Inc packs a mighty punch

  24-07-2020 16:58 via uk.finance.yahoo.com
  
  With dividend cuts sweeping the market, it has never been more important for income investors to tread carefully...  Deceptively high yields have turned into t...
  
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• Can the Inaba Denki Sangyo Co dividend ride out the Coronavirus chaos?

  24-07-2020 16:56 via uk.finance.yahoo.com
  
  Economic turmoil caused by the Coronavirus crisis has sent shockwaves through the stock market's dividend landscape. The good news is that some stocks are well...
  
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• Why shares in Toyota Boshoku can withstand market turmoil

  24-07-2020 16:54 via uk.finance.yahoo.com
  
  Quality and value are two of the most powerful drivers of stock market profits. After the economic turmoil and market volatility we've seen in 2020, it's possi...
  
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