Business news

• Exclusive: Eastman Kodak top executive got Trump deal windfall on an 'understanding'

  01-08-2020 23:31 via uk.finance.yahoo.com
  
  Eastman Kodak Coon Monday granted its executive chairman options for 1.75 million shares as the result of what a person familiar with the arrangement described as an "understanding" with its board that had previously neither been listed in his employment contract nor made public.One day later, the administration of President Donald Trump announced a $765 million financing deal with Eastman Kodak, and in the days that followed the stock soared, making those additional options now held by executiv
  
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• UK trade secretary moves to advance US talks

  01-08-2020 22:58
  Liz Truss heads to Washington to assess progress on reaching free trade agreement
  
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• Recessions are awful for young people – but things were already bad for Australians under 35

  01-08-2020 22:00 via uk.finance.yahoo.com
  
  Recessions are awful for young people – but things were already bad for Australians under 35. This week the Productivity Commission released two reports that might as well have been titled Young People are Screwed Parts I & II
  
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• Migration to Australia has fallen off a cliff – will it take the economy with it?

  01-08-2020 22:00 via uk.finance.yahoo.com
  
  Migration to Australia has fallen off a cliff – will it take the economy with it?. Lower international student numbers amid Covid-19 have hit the education sector hard. It could be just the tip of the iceberg
  
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• Microsoft ‘in advanced talks to buy TikTok’s US business’

  01-08-2020 21:04 via uk.finance.yahoo.com
  
  Microsoft declined to comment.
  
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• Prince William hosts outdoor FA Cup final viewing

  01-08-2020 20:44 via uk.finance.yahoo.com
  
  Prince William, Duke of Cambridge has hosted an outdoor FA Cup final viewing in Sandringham today. He discussed the "Head's Up" campaign, which promotes open discussion about mental health through the vehicle of football, and how plans for the campaign had been hampered by the coronavirus pandemic. .
  
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• Ellen DeGeneres ‘ready to quit show’ over claims of workplace bullying and harassment

  01-08-2020 20:07 via uk.finance.yahoo.com
  
  Ellen DeGeneres is reportedly contemplating quitting her hit TV talk show after claims of a toxic working environment plunged it into crisis.The comedian and presenter, one of the most high-profile celebrities in the US, this week sent staff an emotional message pledging changes at the award-winning Ellen DeGeneres Show.
  
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• SoftBank to maintain stake in Arm after partial sale - Nikkei

  01-08-2020 19:20 via uk.finance.yahoo.com
  
  The Japanese conglomerate is currently negotiating terms with Nvidia after receiving an approach last month, the report said, citing an unidentified source familiar with the matter, adding that it is possible that SoftBank would take stake in Nvidia after it bought Arm.The report did not mention how much stake the company will retain in Arm.
  
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• Facebook puts global block on Brazil's Bolsonaro supporters

  01-08-2020 18:59 via uk.finance.yahoo.com
  
  Facebooksaid on Saturday it has put a global block on certain accounts controlled by supporters of Brazil's President Jair Bolsonaro implicated in a fake news inquiry, a day after it was fined for not complying with a Supreme Court judge's order to do so.A spokesperson for Facebook said the order was "extreme" and threatens "freedom of expression outside of Brazil's jurisdiction", but said the company has agreed to the order."Given the threat of criminal liability to a local employee, at this po
  
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• Goldman Sachs bankers held office drinks event during Covid lockdown

  01-08-2020 18:45 via uk.finance.yahoo.com
  
  Goldman Sachs bankers enjoyed drinks on the roof of the firm’s London headquarters during the coronavirus lockdown while millions of Britons were unable to see friends and families due to strict social distancing rules, The Telegraph can reveal. Senior bankers attended a drinks event on Wednesday May 20, at Goldman’s £1bn Plumtree Court offices while social distancing rules prevented meetings of more than two people from different households. The details of the event have emerg
  
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• Top social justice statements printed on NBA jerseys

  01-08-2020 18:26 via ibtimes.co.uk
  
  The NBA and Nike gave players the freedom to choose from a list of approved social justice statements they can put on their jerseys.
  
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• China's ByteDance agrees TikTok sale as US ban looms for video app

  01-08-2020 18:02 via uk.finance.yahoo.com
  
  The Chinese owner of TikTok was last night scrambling to sell the viral video app to Microsoft after Donald Trump pledged to ban the platform in the United States. ByteDance, one of China’s biggest tech companies, has agreed to offload the social media platform’s US operations in a bid to save a deal with the White House, Reuters reported. The Chinese firm had been keen to retain a minority stake in the business but was forced to take swift action after the US president pledged to ba
  
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• Our health is all we have. But now Google wants it too

  01-08-2020 18:00 via uk.finance.yahoo.com
  
  Our health is all we have. But now Google wants it tooThe EU probe of the search engine’s deal for Fitbit is a harbinger of a future in which Big Tech is central to healthcare
  
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• NBA season restart: First round results are out!

  01-08-2020 17:47 via ibtimes.co.uk
  
  The first round of matches have been completed for the revised NBA regular season.
  
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• NBA players describe life in Disney World as "prison with free-flowing beer"

  01-08-2020 17:18 via ibtimes.co.uk
  
  The NBA has finally resumed after a four-month hiatus due to the COVID-19 pandemic.
  
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• British Grand Prix Qualifying results: Hamilton leads Mercedes front row

  01-08-2020 17:07 via ibtimes.co.uk
  
  The Mercedes F1 team has stamped its dominance once again by locking out the front row at Silverstone
  
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• Holiday firms can’t get a break as quarantines crush faint recovery

  01-08-2020 17:00 via uk.finance.yahoo.com
  
  Holiday firms can’t get a break as quarantines crush faint recoveryAfter last week’s restrictions on all travel to Spain, tour operators are pleading for a less broad-brush ban
  
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• Barcelona rethinks its reliance on tourism as bans keep foreigners away

  01-08-2020 17:00 via uk.finance.yahoo.com
  
  Barcelona rethinks its reliance on tourism as bans keep foreigners awayRulings by France and the UK have hit businesses in the Catalan capital particularly hard
  
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• Sage expert warns of choice between pubs and schools as virus cases grow

  01-08-2020 16:56 via uk.finance.yahoo.com
  
  Previously, Boris Johnson pledged that both primary and secondary schools will return in September “with full attendance.”
  
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• Rupert Murdoch's son James resigns from News Corp board

  01-08-2020 15:58 via uk.finance.yahoo.com
  
  The move, cited in regulatory documents filed to the Securities and Exchange Commission (SEC) on Friday, is with immediate effect.
  
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• British Airways pilots vote to accept jobs deal

  01-08-2020 15:43 via bbc.co.uk
  
  The agreement means the airline will cut pay by 20% temporarily and make about 270 redundancies.
  
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• Stock market crash 2020: 3 reasons why you can still make a million

  01-08-2020 15:38 via uk.finance.yahoo.com
  
  Low valuations and recovery potential from the stock market crash could mean that it’s not too late to make a million, in my view.The post Stock market crash 2020: 3 reasons why you can still make a million appeared first on The Motley Fool UK.
  
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• Exclusive: TikTok's Chinese owner offers to forego stake to clinch U.S. deal - sources

  01-08-2020 15:30 via uk.finance.yahoo.com
  
  China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.U.S. officials have said TikTok under its Chinese parent poses a national risk because of the personal data it handles.ByteDance's concession will test whether Trump's threat to ban TikTok is a negotiating tactic or whether he
  
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• Exclusive: ByteDance offers to forgo stake in TikTok to clinch U.S. deal - sources

  01-08-2020 15:30 via uk.finance.yahoo.com
  
  China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.ByteDance was previously seeking to keep a minority stake in the U.S. business of TikTok, which the White House had rejected.Under the new proposed deal, ByteDance would exit completely and Microsoft Corpwould take over TikTok
  
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• Stock market crash: I’d buy the best UK shares in an ISA today to make a million

  01-08-2020 15:11 via uk.finance.yahoo.com
  
  Making the most of the stock market crash by buying the best UK shares on the market could boost your chances of making a million. Here’s how.The post Stock market crash: I’d buy the best UK shares in an ISA today to make a million appeared first on The Motley Fool UK.
  
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• 3 simple steps I’d take before buying cheap UK shares in an ISA today

  01-08-2020 15:10 via uk.finance.yahoo.com
  
  Taking these steps before buying bargain UK shares could help to reduce your risks and improve your stock market returns, in my view.The post 3 simple steps I’d take before buying cheap UK shares in an ISA today appeared first on The Motley Fool UK.
  
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• You won’t make a million with Bitcoin! But investing £250 a month in UK shares may do it

  01-08-2020 14:09 via uk.finance.yahoo.com
  
  Thinking of jumping on the Bitcoin train as prices explode? Think again, I say. You'd be better off investing in UK shares to try and make a million.The post You won’t make a million with Bitcoin! But investing £250 a month in UK shares may do it appeared first on The Motley Fool UK.
  
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• Carrion review – flesh-eating fun

  01-08-2020 14:00 via uk.finance.yahoo.com
  
  Carrion review – flesh-eating fun. (Phobia Game Studio/Devolver; Switch, PC and Xbox One) Inspired by a 1950s sci-fi horror movie, Carrion turns you into a malign marauding blob, swallowing scientists whole
  
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• Tempted by the Saga share price? Here’s what you need to know

  01-08-2020 13:35 via uk.finance.yahoo.com
  
  The Saga share price has plunged this year, but after the declines, the stock seems to offer value and could double in a recovery. The post Tempted by the Saga share price? Here's what you need to know appeared first on The Motley Fool UK.
  
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• Meghan Markle's friends 'reluctant' to give evidence supporting her court battle

  01-08-2020 13:26 via uk.finance.yahoo.com
  
  The Duchess of Sussex may not receive the vital support of her friends as witnesses in her court battle over claims that her privacy was breached, it has emerged. Lawyers for Meghan have said it would be “an unacceptably high price” for the Duchess to be forced to identify the friends in pursuit of her legal claim against the Mail on Sunday (MoS) and that it would be a “cruel irony” should she be required to pay it. She is arguing that naming them would breach their priva
  
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• Calls for 'flexibility' as furlough wind-down begins and some firms remain closed

  01-08-2020 13:18 via uk.finance.yahoo.com
  
  From Saturday, employers will have to pay national insurance and pension contributions for furloughed staff.
  
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• Influencer PA job advert goes viral for 'disgusting' demands including 'compartmentalising your emotions'

  01-08-2020 13:15 via uk.finance.yahoo.com
  
  A job advertisement for a personal assistant to a “well-known celebrity/influencer“ has gone viral online after someone shared it on Twitter.Taylor Lorenz, a writer at The New York Times, shared a screenshot of the advertisement on Friday alongside a series of wide-eyed emojis.
  
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• How low can the Lloyds share price go?

  01-08-2020 13:07 via uk.finance.yahoo.com
  
  Will Lloyds’ share price bounce back in 2021? Roland Head looks at the numbers and spies a possible opportunity for long-term investors.The post How low can the Lloyds share price go? appeared first on The Motley Fool UK.
  
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• Complaints and refunds: how to get companies to listen

  01-08-2020 13:00 via uk.finance.yahoo.com
  
  Complaints and refunds: how to get companies to listen. Coronavirus exacerbates problem of getting hold of customer service by email or phone
  
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• BP’s share price is down 40% in 2020. Is now the time to buy?

  01-08-2020 12:45 via uk.finance.yahoo.com
  
  The BP share price has slumped this year as the price of oil has collapsed, but the company seems to have a bright future. The post BP’s share price is down 40% in 2020. Is now the time to buy? appeared first on The Motley Fool UK.
  
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• FA Cup final preview: Chelsea vs Arsenal

  01-08-2020 12:39 via ibtimes.co.uk
  
  The FA Cup final is scheduled to be played today, August 1 at 5:30 PM BST.
  
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• 3 coronavirus stocks I’d buy right now

  01-08-2020 12:26 via uk.finance.yahoo.com
  
  Rupert Hargreaves takes a look at three ‘coronavirus stocks’ that have reported rising sales and profits in the crisis and may continue to do so.The post 3 coronavirus stocks I'd buy right now appeared first on The Motley Fool UK.
  
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• FTSE 100 falls to two month low! Here’s how I’d invest £1,000 in an ISA today

  01-08-2020 12:21 via uk.finance.yahoo.com
  
  The FTSE 100 has tumbled again but there are still many constituent stocks worth investor consideration. Here are some of them.The post FTSE 100 falls to two month low! Here’s how I’d invest £1,000 in an ISA today appeared first on The Motley Fool UK.
  
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• Tens of thousands of homeowners face difficulty remortgaging after taking payment holiday

  01-08-2020 12:15 via uk.finance.yahoo.com
  
  Tens of thousands of homeowners who took mortgage payment holidays to help them through the coronavirus pandemic are facing higher repayments or may find it harder to remortgage over the next 12 months, despite assurances from the government and regulators.Experts warned that confusing messages from ministers had left consumers unaware that taking a break from paying their home loan could harm their chances of getting credit in future and increase the costs of remortgaging.
  
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• Forget the National Lottery: I’d get rich and retire early by following Warren Buffett

  01-08-2020 12:08 via uk.finance.yahoo.com
  
  Wish you could get rich? Billionaire investor Warren Buffett can show you the way to get there by generating an early retirement portfolio. The post Forget the National Lottery: I’d get rich and retire early by following Warren Buffett appeared first on The Motley Fool UK.
  
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• Microsoft and TikTok in 'exploratory deal talks'

  01-08-2020 11:57 via uk.finance.yahoo.com
  
  This would be Microsoft's most significant acquisition since its purchase of LinkedIn in 2016.
  
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• British Airways pilots vote to accept job and pay cuts package

  01-08-2020 11:46 via uk.finance.yahoo.com
  
  The package, negotiated by BALPA was in response to BA’s formal notification of 1,255 pilot job losses.
  
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• Government extends Help to Buy scheme to allow for coronavirus delays

  01-08-2020 11:43 via uk.finance.yahoo.com
  
  The Government has announced a small extension to the Help to Buy equity loan scheme to allow for delays caused by coronavirus – but the change falls short of housebuilders’ hopes. The building deadline for new homes sold through the scheme will be extended by two months, from the end of December 2020 to February 28 2021. But the March 31 2021 deadline for most sale completions remains the same. Where necessary, extensions may be granted for homebuyers who have experienced severe del
  
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• Coronavirus: Businesses begin to pay towards furlough scheme

  01-08-2020 11:34 via bbc.co.uk
  
  It comes as some firms in England face furloughing staff again after lockdown easing plans were paused.
  
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• Is the IAG share price a bargain after crashing 70%?

  01-08-2020 11:31 via uk.finance.yahoo.com
  
  The IAG share price has plunged this year, but the company's competitive advantages should help it pull through the current crisis in the long run. The post Is the IAG share price a bargain after crashing 70%? appeared first on The Motley Fool UK.
  
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• Stock market crash: I’d buy FTSE 100 shares to get rich

  01-08-2020 11:21 via uk.finance.yahoo.com
  
  Buying individual stocks could enable investors to take advantage of the low valuations thrown up by the recent stock market crash. The post Stock market crash: I'd buy FTSE 100 shares to get rich appeared first on The Motley Fool UK.
  
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• Stock market crash: Best UK shares I’d buy for my ISA in August to make a million

  01-08-2020 11:18 via uk.finance.yahoo.com
  
  The best UK shares meet three key criteria, which go a long way in ensuring that investors can achieve their financial goals.The post Stock market crash: Best UK shares I'd buy for my ISA in August to make a million appeared first on The Motley Fool UK.
  
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• Forget gold: this market crash may be a once-in-a-lifetime chance to buy bargain stocks

  01-08-2020 10:34 via uk.finance.yahoo.com
  
  Buying bargain stocks in this market crash may lead to higher returns for long-term investors than purchasing gold in my opinion.The post Forget gold: this market crash may be a once-in-a-lifetime chance to buy bargain stocks appeared first on The Motley Fool UK.
  
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• Forget Bitcoin! I’d buy bargain UK shares in an ISA today to get rich and retire early

  01-08-2020 10:31 via uk.finance.yahoo.com
  
  Bargain UK shares could offer a superior risk/reward opportunity to Bitcoin for long-term investors at the present time, in my opinion.The post Forget Bitcoin! I’d buy bargain UK shares in an ISA today to get rich and retire early appeared first on The Motley Fool UK.
  
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• UK interest rates could hurt your savings and your retirement. Here’s what I’d do

  01-08-2020 10:04 via uk.finance.yahoo.com
  
  UK interest rates are currently sitting at just 0.1%. That's a real problem for those saving for, or already in, retirement, says Edward Sheldon. The post UK interest rates could hurt your savings and your retirement. Here’s what I’d do appeared first on The Motley Fool UK.
  
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