Business news

• The Morrison government's hypocrisy on debt and deficit is galling

  25-07-2020 22:00 via uk.finance.yahoo.com
  
  The Morrison government's hypocrisy on debt and deficit is galling. During the global financial crisis, Mathias Cormann said Labor’s budget debt was ‘panic stuff’
  
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• Argentina says it will not raise 'last' debt offer, willing to tweak legal terms

  25-07-2020 21:39 via uk.finance.yahoo.com
  
  Argentina's government reaffirmed on Saturday that it would not budge from its latest proposal to restructure around the $65 billion in debt, but signaled it would be willing to negotiate on the fine print around the deal.The South American country is facing a standoff with bondholders after creditor groups joined forces to reject the government's proposal earlier in July and put forward one of their own.The government has repeatedly said it cannot offer more, though sources told Reuters this we
  
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• Garmin down: Company assures users there is 'no indication' that personal data was stolen in Connect outage

  25-07-2020 20:55 via uk.finance.yahoo.com
  
  Garmin has assured users that there is "no indication" that personal information was stolen during the company's major, ongoing outage.The company has stayed largely silent during the technical problems, which have stopped central functions of its devices from working, issuing only a simple update that made clear it was suffering an outage and that many of its systems were offline.
  
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• Exclusive: Workers claimed to be paid 70p for £70 Chelsea and Liverpool shirts

  25-07-2020 19:22 via uk.finance.yahoo.com
  
  South-east Asian factory workers making Nike’s new Liverpool and Chelsea kits are expected to be paid less than 70p per shirt despite record new deals for Premier League clubs and more price hikes for fans next season. Champions Liverpool are projected to make in excess of £75 million a year following their switch from New Balance after executives brokered an unprecedented 20 per cent share of profits on future shirt and merchandise sales. The club’s jersey, due out on Aug 1, i
  
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• Goldman Sachs report: The stark reality of health and wealth racial inequality in the US

  25-07-2020 18:42 via uk.finance.yahoo.com
  
  Black Americans continue to earn lessand have poorer health than white Americans, according to latest Goldman Sachs report.
  
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• House panel reschedules Big Tech CEO hearing for Wednesday

  25-07-2020 18:09 via uk.finance.yahoo.com
  
  A congressional hearing on digital marketplace competition featuring the chief executives of four of the largest American tech companies has been rescheduled for Wednesday, a House subcommittee said on Saturday.The CEOs of Facebook , Amazon.com , Alphabet's Googleand Applewere to have testified on Monday before the House Antitrust Subcommittee.
  
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• Kylian Mbappe suffers horrific injury as PSG claims French Cup in front of limited crowd

  25-07-2020 18:00 via ibtimes.co.uk
  
  The PSG star went off the pitch and returned in crutches after suffering an ankle sprain.
  
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• From pay cuts to mulling a €2.8bn stock sale: A look at BA's week

  25-07-2020 17:52 via uk.finance.yahoo.com
  
  Earlier in the week BA pilots were asked to accept a package including pay cuts and job losses in a bid to avoid more redundancies.
  
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• 1,000 people apply for single receptionist job

  25-07-2020 17:47 via uk.finance.yahoo.com
  
  Almost 1,000 people applied for one restaurant receptionist job in 24 hours, offering an insight into the turbulent state of the post-lockdown job market.The 20 Stories restaurant, operated by upmarket operator D&D;, had opened up calls for a receptionist role on Monday, the firm’s director of people Carol Cairnes told BBC Radio 4’s Today programme.
  
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• Goldman Sachs report: Reducing Black disadvantage in wealth could deliver $400bn GDP boost

  25-07-2020 17:38 via uk.finance.yahoo.com
  
  Improving Black economic mobility could boost US GDP by $400bn according to Goldman Sachs chief economist.
  
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• TV channels bristle at prospect of Johnson's junk food ad ban

  25-07-2020 17:33 via uk.finance.yahoo.com
  
  UK TV channels could be forced to make cuts of more than £200m ($255.8m) to programme budgets.
  
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• Barcelona legend Xavi Hernandez tests positive for COVID-19

  25-07-2020 17:07 via ibtimes.co.uk
  
  Xavi is asymptomatic and is currently in isolation.
  
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• Country pubs thrive, but city boozers left crying into their pints

  25-07-2020 17:06 via uk.finance.yahoo.com
  
  Country pubs thrive, but city boozers left crying into their pintsVAT cuts and meal discounts boost larger rural places but are no help for ‘ye olde’ city spots – now left out and often still shut
  
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• Signs of July slowdown hint at a hit-and-miss economic recovery

  25-07-2020 17:00 via uk.finance.yahoo.com
  
  Signs of July slowdown hint at a hit-and-miss economic recovery. In Harlow, a bounce-back in June is now petering out for some traders – and fears are still growing over jobs
  
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• Miami Heat players Adebayo, Nunn reveal how they supported each other amid COVID-19 diagnosis

  25-07-2020 16:29 via ibtimes.co.uk
  
  Bam Adebayo and Kendrick Nunn tested positive and had to stay isolated.
  
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• Denver Nuggets rookie Bol Bol faces drug test after electrifying NBA debut

  25-07-2020 16:10 via ibtimes.co.uk
  
  Bol Bol was subjected to a random routine drug test after his first NBA game.
  
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• Ben Simmons finally shoots threes: 76ers coach warns the rest of NBA

  25-07-2020 15:44 via ibtimes.co.uk
  
  The Australian successfully upgraded his game during the coronavirus pandemic.
  
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• Goldman Sachs report: Why advancing Black professionals is essential for business success

  25-07-2020 15:11 via uk.finance.yahoo.com
  
  Goldman Sachs report urges firms to embrace diversity to attract employees and grow consumer base.
  
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• Slight dip in shoppers as face coverings become mandatory in England

  25-07-2020 15:10 via uk.finance.yahoo.com
  
  Visits to shops and supermarkets fell by 0.2% on the day the new Government rules came into force.
  
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• HSBC denies Chinese media reports that it 'framed' Huawei

  25-07-2020 14:34 via uk.finance.yahoo.com
  
  HSBCon Saturday denied Chinese media reports that it had "framed" Huawei Technologies and played a role in the arrest of the chief financial officer (CFO) of the world's biggest telecoms equipment maker.In a statement posted on the bank's Chinese WeChat messaging service account, the London-headquartered lender said it did not participate in the decision of the U.S. Department of Justice to investigate Huawei.The HSBC statement comes a day after China's official People's Daily newspaper publishe
  
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• Coronavirus: What to expect as gyms reopen today

  25-07-2020 14:28 via uk.finance.yahoo.com
  
  The sector has warned the financial impact of the pandemic means it will struggle and at least a third of public facilities are expected to remain shut.
  
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• Coronavirus: Savers resist the urge to raid pension pots

  25-07-2020 14:10 via uk.finance.yahoo.com
  
  Savers resist the urge to raid their pensions pots in April during coronavirus lockdown.
  
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• Beyond a Steel Sky review – the makings of a modern classic

  25-07-2020 14:00 via uk.finance.yahoo.com
  
  Beyond a Steel Sky review – the makings of a modern classic(Revolution Software; PC, iOS)Glitches aside, this sequel to Beneath a Steel Sky, with art direction by Watchmen’s Dave Gibbons, is another absorbing journey into Union City
  
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• Best UK shares: I’d buy these dirt-cheap FTSE 100 dividend stocks for a passive income now

  25-07-2020 12:55 via uk.finance.yahoo.com
  
  The best UK shares to buy now are inexpensive FTSE 100 stocks offering dividends, even after the stock market recovery. Here are two of them.The post Best UK shares: I’d buy these dirt-cheap FTSE 100 dividend stocks for a passive income now appeared first on The Motley Fool UK.
  
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• Looking for the best stocks to buy today? I’d buy these UK shares in an ISA to make a million

  25-07-2020 12:26 via uk.finance.yahoo.com
  
  Looking to get rich and retire early? I reckon these UK shares are terrific stocks to buy after the 2020 market crash. Come take a look.The post Looking for the best stocks to buy today? I’d buy these UK shares in an ISA to make a million appeared first on The Motley Fool UK.
  
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• Business groups call for action on fraudulent social media ads

  25-07-2020 12:26 via uk.finance.yahoo.com
  
  Around 70 major brands are targeted by false adverts on Facebook, Instagram and YouTube, receiving up to 250,000 views before detection, says trade associations.
  
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• Coronavirus: UK travel restrictions list to be reviewed weekly

  25-07-2020 12:23 via uk.finance.yahoo.com
  
  Currently, Portugal is off the “air bridge” list and is one of the countries not exempted from quarantine rules.
  
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• Harry and Meghan sue over 'drone photos'

  25-07-2020 12:18 via uk.finance.yahoo.com
  
  The Duke and Duchess of Sussex have filed a lawsuit after drones were allegedly used to photograph their son Archie at their home.
  
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• Tax credits deadline: customers at risk of losing out

  25-07-2020 12:06 via uk.finance.yahoo.com
  
  Missing the 31 July deadline could meanmissing your payment.
  
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• How Farnborough air show went from physical to virtual success

  25-07-2020 12:00
  With Hampshire’s famous airfield silent, 14,000 watched aero experts on 96 video panels
  
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• Top bargain stocks to buy! I’d buy this FTSE 100 share in an ISA to make a million

  25-07-2020 11:38 via uk.finance.yahoo.com
  
  Looking to get rich from UK shares? I reckon this FTSE 100 stock (with its 7% dividend yields) is one of the best shares to buy after the market crash.The post Top bargain stocks to buy! I’d buy this FTSE 100 share in an ISA to make a million appeared first on The Motley Fool UK.
  
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• Coronavirus: Luxury chocolate and wine sales surge during lockdown

  25-07-2020 11:36 via uk.finance.yahoo.com
  
  High demand for Hotel Chocolat products has led to the creation of 200 jobs whilst Naked Wines is a "long-term" winner of COVID-19 lockdown.
  
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• Can the Centrica share price maintain its recent rise?

  25-07-2020 11:33 via uk.finance.yahoo.com
  
  The Centrica share price enjoyed a spectacular rise yesterday. Can the positive sentiment surrounding the stock continue to support it?The post Can the Centrica share price maintain its recent rise? appeared first on The Motley Fool UK.
  
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• Is ASOS now a better investment than Boohoo?

  25-07-2020 11:22 via uk.finance.yahoo.com
  
  Do the issues Boohoo faces create an opportunity for investing in ASOS shares profitably? The post Is ASOS now a better investment than Boohoo? appeared first on The Motley Fool UK.
  
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• This thing could drive the stock market higher: FTSE shares I’d buy now

  25-07-2020 11:21 via uk.finance.yahoo.com
  
  There are many FTSE shares I’d buy now because I reckon this powerful effect looks set to drive the stock market higher in the months and years ahead.The post This thing could drive the stock market higher: FTSE shares I’d buy now appeared first on The Motley Fool UK.
  
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• Why I think Canopy Growth stock may sit well in a UK portfolio

  25-07-2020 10:53 via uk.finance.yahoo.com
  
  Canopy Growth (NYSE:CSC) stock is one of the biggest names in the cannabis space. Should UK investors buy into the share price?The post Why I think Canopy Growth stock may sit well in a UK portfolio appeared first on The Motley Fool UK.
  
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• Have £10k to spend? 3 dividend growth stocks I think could make you an ISA millionaire

  25-07-2020 10:50 via uk.finance.yahoo.com
  
  2020 looks set to be one of the worst dividend years on record. But that's precisely why I think it's time to buy dividend stocks.The post Have £10k to spend? 3 dividend growth stocks I think could make you an ISA millionaire appeared first on The Motley Fool UK.
  
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• Doomed dinosaurs and diversification

  25-07-2020 10:11 via uk.finance.yahoo.com
  
  Change is a constant, in life and markets. Invest accordingly.The post Doomed dinosaurs and diversification appeared first on The Motley Fool UK.
  
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• Stock market crash: I’d listen to Warren Buffett and buy cheap UK shares to make a million

  25-07-2020 10:10 via uk.finance.yahoo.com
  
  Following Warren Buffett’s lead in buying cheap stocks after a market crash could improve your chances of making a million, in my view.The post Stock market crash: I’d listen to Warren Buffett and buy cheap UK shares to make a million appeared first on The Motley Fool UK.
  
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• Charlize Theron talks feeling 'insulted' during 'The Italian Job' remake

  25-07-2020 09:46 via ibtimes.co.uk
  
  The actress revealed during pre-production of the film, she has been scheduled for six weeks more car training" than her male costars.
  
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• You won’t retire early with a Cash ISA. Here’s what I’d do instead

  25-07-2020 09:36 via uk.finance.yahoo.com
  
  Forget the Cash ISA, says this Fool. Here's how you can turbocharge your savings and increase your chances of retiring early. The post You won't retire early with a Cash ISA. Here's what I'd do instead appeared first on The Motley Fool UK.
  
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• Copious monsoon rains spur summer crop sowing in India

  25-07-2020 09:18 via uk.finance.yahoo.com
  
  Indian farmers have planted 79.9 million hectares with summer crops so far, according to the Ministry of Agriculture & Farmers' Welfare, up 18.3% from last year as robust monsoon rains spurred sowing in the world's leading producer of farm goods.Farmers generally start planting rice, corn, cotton, soybeans, sugarcane and peanuts, among other crops, from June 1, when monsoon rains typically arrive in India.Monsoon rains play a crucial role in agriculture, which employs 50% of India's 1.3 bill
  
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• Forget buy-to-let! I’d buy cheap UK shares in a Stocks and Shares ISA to make a million

  25-07-2020 09:13 via uk.finance.yahoo.com
  
  The prospects for UK shares mean that they could offer higher long-term return potential than buy-to-let properties, I strongly believe.The post Forget buy-to-let! I'd buy cheap UK shares in a Stocks and Shares ISA to make a million appeared first on The Motley Fool UK.
  
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• Forget 1.16% from NS&I Income Bonds. I’d put my long-term savings in a Stocks & Shares ISA to build wealth

  25-07-2020 08:55 via uk.finance.yahoo.com
  
  NS&I Income Bonds are getting a lot of attention right now due to their interest rate of 1.16%. You can potentially do much better than this though. The post Forget 1.16% from NS&I Income Bonds. I’d put my long-term savings in a Stocks & Shares ISA to build wealth appeared first on The Motley Fool UK.
  
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• Stock market crash: I’d invest £1,000 in these 3 recession-proof FTSE 100 stocks for my ISA today

  25-07-2020 08:30 via uk.finance.yahoo.com
  
  FTSE 100 stocks that can hold investors in good stead even in recessions aren’t always easy to spot, but they are very much around. Here are three of them. The post Stock market crash: I’d invest £1,000 in these 3 recession-proof FTSE 100 stocks for my ISA today appeared first on The Motley Fool UK.
  
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• Another stock market crash may be coming. Here’s how I’m preparing

  25-07-2020 08:26 via uk.finance.yahoo.com
  
  If another stock market crash occurs later in the year, investors need to be prepared. Buying high-quality stocks may produce a positive outcome. The post Another stock market crash may be coming. Here's how I'm preparing appeared first on The Motley Fool UK.
  
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• Kanye West is refusing to see wife Kim Kardashian, not taking her calls

  25-07-2020 08:24 via ibtimes.co.uk
  
  The rapper is not talking to his reality TV star wife and isn't even allowing her to fly to their ranch in Wyoming where is he staying currently.
  
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• Want to make a million? 3 of my favourite dividend stocks to buy after the stock market crash

  25-07-2020 08:22 via uk.finance.yahoo.com
  
  There's a galaxy of great dividend stocks to buy today. And I reckon the following UK shares are too good to miss after the stock market crash.The post Want to make a million? 3 of my favourite dividend stocks to buy after the stock market crash appeared first on The Motley Fool UK.
  
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• Forget a Cash ISA! I’d buy dirt-cheap FTSE 100 dividend stocks today

  25-07-2020 08:17 via uk.finance.yahoo.com
  
  If you need a reliable long-term income, these FTSE 100 dividend stocks could be better choices than a cash ISA, says Roland Head.The post Forget a Cash ISA! I’d buy dirt-cheap FTSE 100 dividend stocks today appeared first on The Motley Fool UK.
  
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• Could the FTSE 100 index return to 7,500p this year?

  25-07-2020 08:03 via uk.finance.yahoo.com
  
  The FTSE 100 has gained 25% over the past few months. If current trends continue, the index may return to previous highs later in the year. The post Could the FTSE 100 index return to 7,500p this year? appeared first on The Motley Fool UK.
  
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