Business news

• Eastman Kodak's $765 million U.S. loan agreement on hold after recent allegations

  08-08-2020 23:29 via uk.finance.yahoo.com
  
  Earlier this week, senior Democratic lawmakers asked federal regulators to investigate securities transactions made by the company and its executives around the time it learned it could receive the government loan."Recent allegations of wrongdoing raise serious concerns," DFC said late on Friday in a tweet.
  
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• Australia will take a long time to recover from this recession. Don't believe otherwise

  08-08-2020 22:00 via uk.finance.yahoo.com
  
  Australia will take a long time to recover from this recession. Don't believe otherwiseThe Reserve Bank predicts the economy will shrink only 6% this year. That’s the good news
  
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• 'It chips away at your self-esteem': Australia's newly unemployed struggle in pandemic's barren job market

  08-08-2020 22:00 via uk.finance.yahoo.com
  
  'It chips away at your self-esteem': Australia's newly unemployed struggle in pandemic's barren job marketAnguish, frustration and fear are common themes as casualties of Covid-19’s economic chaos describe facing long-term joblessness
  
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• This picnic set is biodegradable, natural AND edible — and starts from just £2.99

  08-08-2020 20:00 via uk.finance.yahoo.com
  
  It's been made from compressed wheat bran.
  
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• Trump signs coronavirus relief orders after talks with Congress break down

  08-08-2020 19:24 via uk.finance.yahoo.com
  
  President Donald Trump signed executive orders on Saturday partly restoring enhanced unemployment payments to the tens of millions of Americans who lost jobs in the coronavirus pandemic, as the United States marked a grim milestone of 5 million cases.Negotiations broke down this week between the White House and top Democrats in Congress over how best to help Americans cope with the heavy human and economic toll of the crisis, which has killed more than 160,000 people across the country.Trump sai
  
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• NBA Superstar Stephen Curry is now the world's most famous water salesman

  08-08-2020 17:45 via ibtimes.co.uk
  
  Apart from being a top athlete, Curry is also as savvybusinessman.
  
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• Qualcomm lobbies U.S. to sell chips for Huawei 5G phones - WSJ

  08-08-2020 17:31 via uk.finance.yahoo.com
  
  Qualcomm is lobbying to sell chips to Huawei that the Chinese company would include in its 5G phones, according to the report, citing a presentation by Qualcomm.With these restrictions, the U.S. has handed Qualcomm's foreign competitors a market worth as much as $8 billion annually, the report said.
  
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• Coronavirus: Millions earmarked for small businesses unspent by councils

  08-08-2020 17:12 via uk.finance.yahoo.com
  
  Data show that as of 3 August, £10.83bn has been paid out to over 882,920 business properties.
  
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• ‘Zoom is fine, but it can’t match being back in the office’

  08-08-2020 17:08 via uk.finance.yahoo.com
  
  ‘Zoom is fine, but it can’t match being back in the office’. Property group British Land was one of the first to allow staff back into its London HQ – with lift-button prodders at the ready
  
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• This solid FTSE 100 stock pays out 7% a year in cash. I’d buy this share today!

  08-08-2020 17:06 via uk.finance.yahoo.com
  
  This great business has only been in the FTSE 100 for 10 months, but it's highly profitable. I'd buy this ultra-cheap share today.The post This solid FTSE 100 stock pays out 7% a year in cash. I'd buy this share today! appeared first on The Motley Fool UK.
  
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• NBA Eastern Conference playoff spots finally complete

  08-08-2020 17:04 via ibtimes.co.uk
  
  Brooklyn Nets and Orlando Magic clinched the last two remaining Eastern Conference playoff spots on Friday.
  
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• Recession in real time: how big data can track the Covid slump

  08-08-2020 17:00 via uk.finance.yahoo.com
  
  Recession in real time: how big data can track the Covid slumpOfficial economic data for June will be out this week. But unconventional indicators can help gauge conditions right now
  
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• Lebron James injury: LA Lakers release details

  08-08-2020 16:42 via ibtimes.co.uk
  
  LeBron is suffering from a persistent groin injury.
  
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• Warren Buffett takes $10bn hit and slashes 10,000 jobs at parts maker

  08-08-2020 15:58 via uk.finance.yahoo.com
  
  Berkshire Hathaway announced a $9.8bn writedown and 10,000 job losses at its Precision Castparts aircraft and industrial parts business as the coronavirus pandemic caused widespread pain for Warren Buffett's conglomerate. Berkshire, which bought Precision for $32bn in 2016 in its largest acquisition, said Covid caused airlines to slash aircraft orders, resulting in significantly less demand for Precision's products. Revenues fell by about a third. It also said results may continue suffering as t
  
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• The FTSE 100 is in the dangerous ‘dog days’ of August, but I’d buy this share today!

  08-08-2020 15:54 via uk.finance.yahoo.com
  
  The FTSE 100 index often melts during the long, hot summer months. But I think this rising superstar share has further to go and is a strong buy.The post The FTSE 100 is in the dangerous 'dog days' of August, but I'd buy this share today! appeared first on The Motley Fool UK.
  
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• Brexit backers Tate & Lyle set to gain £73m from end of EU trade tariffs

  08-08-2020 15:45 via uk.finance.yahoo.com
  
  Brexit backers Tate & Lyle set to gain £73m from end of EU trade tariffs. Greenpeace investigators say the firm, which also donated to the Conservatives, will be sole beneficiary of rule changes on importing raw cane sugar
  
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• Furlough: Why the jobs market is facing a wakeup call

  08-08-2020 15:28 via uk.finance.yahoo.com
  
  Since the crisis started in March, the wage-subsidy furlough scheme has kept up to nine million people in work.
  
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• ‘It’s not enough to survive on’: Britain faces up to prospect of mass unemployment as government support winds

  08-08-2020 15:18 via uk.finance.yahoo.com
  
  “I literally don’t know what I would do.” says freelance chef Ryan Fisher as he considers the prospect trying to live off £343 per month universal credit – again.The amount is £200 less than he pays each month to support his nine-year-old daughter, never mind his rent, food, gas, electricity, car insurance.
  
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• Coronavirus punishes Warren Buffett, as Berkshire Hathaway takes big writedown

  08-08-2020 14:24 via uk.finance.yahoo.com
  
  Berkshire, which acquired Precision for $32.1 billion in 2016, said COVID-19 caused airlines to slash aircraft orders, resulting in significantly less demand for Precision's products and causing revenue to fall by about one third.It said Precision's results may continue suffering as the unit undertakes an "aggressive restructuring" to shrink operations to meet lower expected future demand.Berkshire said it also took a $513 million charge on its 26.6% stake in Kraft Heinz Co , which on July 30 to
  
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• Italy seeks 28.5 billion euros in EU's SURE unemployment aid

  08-08-2020 14:10 via uk.finance.yahoo.com
  
  Italy has asked the European Union to tap its SURE unemployment scheme for 28.5 billion euros ($33.6 billion) after extending furlough support to help the economy withstand the hit from the COVID-19 crisis.The Italian government on Friday approved a new stimulus package worth 25 billion euros, setting aside roughly half of that sum to support employment.Italy extended temporary layoff schemes for up to 18 weeks, setting conditions and requiring firms not to cut jobs to qualify for state aid.
  
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• Another stock market crash is inevitable, but I’d buy this ‘safe’ FTSE 100 share today!

  08-08-2020 14:03 via uk.finance.yahoo.com
  
  How long can share prices defy gravity, when American Covid-19 rates are so high? But if a stock market crash comes, I think this share might survive.The post Another stock market crash is inevitable, but I'd buy this 'safe' FTSE 100 share today! appeared first on The Motley Fool UK.
  
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• £10k to invest? I think these are the best shares to buy now after the stock market crash

  08-08-2020 13:17 via uk.finance.yahoo.com
  
  Looking for the best shares to buy now in the aftermath of the market crash? I think these companies are in with a shout.The post £10k to invest? I think these are the best shares to buy now after the stock market crash appeared first on The Motley Fool UK.
  
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• Pedal power: UK bike co-ops help cyclists get back in the saddle

  08-08-2020 13:00 via uk.finance.yahoo.com
  
  Pedal power: UK bike co-ops help cyclists get back in the saddle. Traditional shops are overloaded but there are alternatives – and some take £50 repair vouchers, too
  
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• 3 steps I’d take today to make a million in the next market crash

  08-08-2020 12:51 via uk.finance.yahoo.com
  
  I think preparing for the next stock market crash today could help you to obtain a seven-figure portfolio in the long run.The post 3 steps I'd take today to make a million in the next market crash appeared first on The Motley Fool UK.
  
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• Everything you need to know about the UK housing market right now

  08-08-2020 12:46 via uk.finance.yahoo.com
  
  From booming prices, to potential taxes, here's what you need to know about the housing market this week.
  
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• Huawei to stop making flagship chipsets as U.S. pressure bites, Chinese media say

  08-08-2020 12:34 via uk.finance.yahoo.com
  
  Huawei Technologies Co will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows.U.S. pressure on Huawei's suppliers has made it impossible for the company's HiSilicon chip division to keep making the chipsets, key components for mobile phone, Richard Yu, CEO of Huawei's Consumer Business Unit was quoted as saying at the launch of the company's new Mate 40 handset.Huawei denies it spies for
  
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• Waiting for the NEXT stock market crash? I’d do this to become an ISA millionaire

  08-08-2020 12:31 via uk.finance.yahoo.com
  
  A second wave of the coronavirus could cause another market crash. Just don't bother trying to time it, says this Fool. I'd do this instead.The post Waiting for the NEXT stock market crash? I'd do this to become an ISA millionaire appeared first on The Motley Fool UK.
  
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• Stock market crash: I’d hold cheap UK shares like this for 10 years in an ISA to make a million

  08-08-2020 11:55 via uk.finance.yahoo.com
  
  The stock market crash offers a once-in-a-lifetime opportunity to get rich with UK shares. I'd happily buy this FTSE 100 hero for my ISA today.The post Stock market crash: I’d hold cheap UK shares like this for 10 years in an ISA to make a million appeared first on The Motley Fool UK.
  
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• Value investing! I’d choose the Warren Buffett way to get rich and retire early

  08-08-2020 11:05 via uk.finance.yahoo.com
  
  Value investing takes a long-term view of buying shares. It encourages portfolio growth in a strong and steady way, perfect for generating future wealth.The post Value investing! I’d choose the Warren Buffett way to get rich and retire early appeared first on The Motley Fool UK.
  
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• The government has been called out for not paying disability panel members. About time

  08-08-2020 10:59 via uk.finance.yahoo.com
  
  Hannah Barham-Brown is smart, highly qualified and super industrious. She’s a doctor, now in training to become a GP and deputy leader of the Women’s Equality Party.As if that weren’t enough, she’d also very much like to chair an important body charged with overseeing an effort by the NHS to make progress on disability equality.
  
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• Champions League: Cristiano Ronaldo scores twice but fails to take Juventus past Lyon

  08-08-2020 10:53 via ibtimes.co.uk
  
  Lyon advances to the quarter-finals on away goals after securing a 2-2 aggregate score.
  
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• Stock market crash: these cheap UK shares have rocketed since the crash! I’d buy them in an ISA

  08-08-2020 10:48 via uk.finance.yahoo.com
  
  Has there ever been a better time for value investors to buy UK shares? Royston Wild explains why he thinks the answer could be 'no'.The post Stock market crash: these cheap UK shares have rocketed since the crash! I’d buy them in an ISA appeared first on The Motley Fool UK.
  
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• Too young to retire, too old to work: How the pandemic has ravaged women hit by state pension age rise

  08-08-2020 10:19 via uk.finance.yahoo.com
  
  The lives of women hit by the state pension age rise have been turned upside down by the coronavirus pandemic, pushing some into destitution after losing their job in the wake of the public health crisis while others have been forced to carry on working – despite their age putting them at risk of serious complications from the life-threatening disease.Almost four million women were affected by the government raising the state pension age from 60 to 66 for women born after March 1950. The a
  
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• Stock market crash: 2 cheap shares I’d buy today to get rich and retire early

  08-08-2020 10:19 via uk.finance.yahoo.com
  
  The stock market crash has created some great buying opportunities. Roland Head highlights two cheap UK shares he'd buy today.The post Stock market crash: 2 cheap shares I'd buy today to get rich and retire early appeared first on The Motley Fool UK.
  
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• 'Uncertainty made me struggle': Covid puts financial stress on young people

  08-08-2020 10:00 via uk.finance.yahoo.com
  
  'Uncertainty made me struggle': Covid puts financial stress on young people. More 18- 24-year-olds are anxious about careers as coronavirus hits jobs and mental health
  
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• Pizza ovens, inflatable tents and USB charging: the evolution of camping

  08-08-2020 09:54 via uk.finance.yahoo.com
  
  Pizza ovens, inflatable tents and USB charging: the evolution of camping. Home comforts now more desirable than ‘cutting the cord’ as technology has changed the face of modern camping
  
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• Real Madrid completely outclassed by Manchester City to hand Zidane first Champions League exit

  08-08-2020 09:40 via ibtimes.co.uk
  
  Manchester City has booked a ticket to Lisbon to compete in the final rounds of the UEFA Champions League.
  
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• How I’d invest if I only had £1,000 right now

  08-08-2020 09:10 via uk.finance.yahoo.com
  
  Roland Head explains how to invest safely in the stock market with just small amounts of cash -- and reveals his top pick from an overlooked sector.The post How I’d invest if I only had £1,000 right now appeared first on The Motley Fool UK.
  
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• Coronavirus: Millions for small business 'sitting in council accounts'

  08-08-2020 09:04 via bbc.co.uk
  
  Government grants for small firms have to be claimed by the end of August.
  
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• Forget gold and Bitcoin. I’d listen to Warren Buffett and buy cheap UK shares to get rich

  08-08-2020 09:03 via uk.finance.yahoo.com
  
  Buying cheap UK shares today could be a better means of building a portfolio than purchasing gold or Bitcoin, in my opinion.The post Forget gold and Bitcoin. I’d listen to Warren Buffett and buy cheap UK shares to get rich appeared first on The Motley Fool UK.
  
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• From Belfast to Manchester, diners feast on Eat out to help out

  08-08-2020 09:00 via uk.finance.yahoo.com
  
  From Belfast to Manchester, diners feast on Eat out to help out. Relieved business owners tell of surge in bookings – although not everyone wants to sign up to chancellor’s scheme
  
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• 'Sales went berserk!' Eat out scheme serves much-needed help to hard-hit restaurants

  08-08-2020 09:00 via uk.finance.yahoo.com
  'Sales went berserk!' Eat out scheme serves much-needed help to hard-hit restaurants. Be it Wetherspoons or Wagamama, Eat out to help out has tempted out wary diners in their droves From Belfast to Manchester, diners feast on Eat out to help out
  
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• Stock market crash: I’d buy and hold cheap UK dividend shares for a passive income

  08-08-2020 08:57 via uk.finance.yahoo.com
  
  Cheap UK shares that offer dividends could deliver high long-term returns after the recent stock market crash, in my opinion.The post Stock market crash: I'd buy and hold cheap UK dividend shares for a passive income appeared first on The Motley Fool UK.
  
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• A 3-step plan to become an ISA millionaire starting with this stock market crash

  08-08-2020 08:54 via uk.finance.yahoo.com
  
  Becoming an ISA millionaire not an unobtainable goal because there are an estimated 1,000 people in the UK with an ISA worth £1m or more.The post A 3-step plan to become an ISA millionaire starting with this stock market crash appeared first on The Motley Fool UK.
  
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• The gold price is on a tear. I think those buying now could still strike it rich

  08-08-2020 08:47 via uk.finance.yahoo.com
  
  Will the gold rush continue? This Fool thinks so. Here's how private investors can get a slice of the action.The post The gold price is on a tear. I think those buying now could still strike it rich appeared first on The Motley Fool UK.
  
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• UK share prices: I’d invest in these FTSE 100 shares in an ISA today to make a million

  08-08-2020 08:42 via uk.finance.yahoo.com
  
  The stock market crash provides a great opportunity to get extremely rich, I say. And these cheap UK share prices could help you make a fortune. The post UK share prices: I’d invest in these FTSE 100 shares in an ISA today to make a million appeared first on The Motley Fool UK.
  
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• Stock market crash: 3 cheap UK shares I’d buy right now in an ISA to make a million

  08-08-2020 08:35 via uk.finance.yahoo.com
  
  The stock market crash provides a stunning investment opportunity for bargain hunters. I'd happily buy these cheap UK shares in an ISA today.The post Stock market crash: 3 cheap UK shares I’d buy right now in an ISA to make a million appeared first on The Motley Fool UK.
  
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• Pandemic-proofing your portfolio: practical points to consider now

  08-08-2020 08:26 via uk.finance.yahoo.com
  
  Four months in, we’ve got a better insight into how pandemics impact portfolios.The post Pandemic-proofing your portfolio: practical points to consider now appeared first on The Motley Fool UK.
  
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• No savings at 50? I’d buy UK shares after the stock market crash to retire early

  08-08-2020 08:04 via uk.finance.yahoo.com
  
  Buying UK shares after the stock market crash could produce high returns that enable you to build a retirement portfolio.The post No savings at 50? I’d buy UK shares after the stock market crash to retire early appeared first on The Motley Fool UK.
  
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• I’d listen to Warren Buffett and buy crashing UK shares to get rich and retire early

  08-08-2020 08:00 via uk.finance.yahoo.com
  
  Buying cheap UK shares after the market crash could produce high returns that improve your chances of retiring early, in my view.The post I’d listen to Warren Buffett and buy crashing UK shares to get rich and retire early appeared first on The Motley Fool UK.
  
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