Business news

• Stock market crash 2020: I’d invest £5k in these UK shares this month

  09-08-2020 20:22 via uk.finance.yahoo.com
  
  The stock market crash this year provides many opportunities to invest at into growing sectors. I think these UK shares will help boost your wealth.The post Stock market crash 2020: I'd invest £5k in these UK shares this month appeared first on The Motley Fool UK.
  
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• Increasing numbers of women over 50 forced into retirement because of coronavirus

  09-08-2020 20:05 via uk.finance.yahoo.com
  
  Women over the age of 50 have been hardest hit by the economic impact of coronavirus, new research has revealed, with just under 100,000 being forced into early retirement since the start of the pandemic. A new study by jobs site Rest Less found that economic inactivity rates fell in all female age groups apart from the over 50s, which has risen by 1.3 per cent since the start of the crisis. Founder of the recruitment website Stuart Lewis said that the figures coupled with a "large pension savin
  
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• Landlords tell ministers: let’s go halves on rent bills

  09-08-2020 19:26 via uk.finance.yahoo.com
  
  Landlords, shops and restaurants have joined forces to ask the Government to step in and pay commercial rents to help them survive the coronavirus pandemic. Trade bodies have been in talks with ministers about proposals that would see the Government fund up to 50pc of rent and services charges owed by businesses in the retail, hospitality and leisure sectors. These “Property Bounce Back” grants would be targeted at businesses worst affected by lockdown. It is estimated that about &po
  
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• Senior civil servants described Government's smart meter roll out as a 'beta programme' in private

  09-08-2020 19:09 via uk.finance.yahoo.com
  
  A number of senior civil servants have privately characterised the rollout of smart meters in to people’s homes as merely a test run, as more details about issues surrounding the £13bn plan emerge. Calling the installation of next generation SMETS2 meters a “beta programme”, these civil servants say that installing nearly 53 million meters across Britain by 2024 is too ambitious, and is simply being used as a trial run before the system can be perfected.
  
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• NBA Restart: Why T.J. Warren is the 'Bubble King'

  09-08-2020 17:32 via ibtimes.co.uk
  
  The NBA has restarted its season inside a biosecure 'bubble' inside Disney World Florida.
  
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• Coronavirus: Pret a Manger to cut staff hours

  09-08-2020 17:29 via bbc.co.uk
  
  The sandwich chain has asked staff to work 20% fewer contracted hours due to the pandemic.
  
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• Beirut explosion: Aid summit opens with Macron call for quick action

  09-08-2020 17:07 via bbc.co.uk
  
  The French president spoke at an online emergency summit as Lebanon grieves for those killed.
  
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• Twitter wades into bidding war for TikTok's US arm

  09-08-2020 17:05 via uk.finance.yahoo.com
  
  It comes as US and China’s tech war hit new lows after president Donald Trump banned US companies from doing any transactions with the owners of TikTok and WeChat.
  
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• Barclays probed by privacy watchdog over reports of spying on staff

  09-08-2020 17:04 via uk.finance.yahoo.com
  
  Critical media reports emerged earlier this year of the bank using software, which it was piloting, to monitor how employees spend their time at work.
  
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• Exclusive: India data-curb plan 'anathema', U.S. tech giants plan pushback

  09-08-2020 15:48 via uk.finance.yahoo.com
  
  India's plan to regulate "non-personal" data has jolted U.S. tech giants Amazon, Facebook and Google, and a group representing them is preparing to push back against the proposals, according to sources and a letter seen by Reuters.The panel proposed a mechanism for firms to share data with other entities - even competitors - saying this would spur the digital ecosystem.
  
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• Coronavirus: Redundancy 'stressful and upsetting'

  09-08-2020 15:12 via bbc.co.uk
  
  A Freedom of Information request shows a rapid rise in firms in June saying they were cutting staff.
  
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• House for sale in London, good location, overlooks park, a bargain at £185m

  09-08-2020 15:03 via uk.finance.yahoo.com
  
  House for sale in London, good location, overlooks park, a bargain at £185mDeveloper seeks to cash out of investment in John Nash-designed mansion with views of Regent’s Park
  
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• Bank of England paid £3m in 'golden goodbyes' over 15 months

  09-08-2020 14:57 via uk.finance.yahoo.com
  
  Bank of England paid £3m in 'golden goodbyes' over 15 monthsRise in settlements in 2019 included those paid to departing tech security staff shortly before major breach
  
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• Giannis Antetokounmpo-Luka Doncic rivalry is a glimpse into the NBA's future

  09-08-2020 14:52 via ibtimes.co.uk
  
  European players may dominate the NBA in the coming years.
  
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• 3 lessons I’ve learned about investing from 2020

  09-08-2020 14:52 via uk.finance.yahoo.com
  
  The unforeseen volatility across the stock market means that all of us are likely to learn a number of lessons from investing this year.The post 3 lessons I've learned about investing from 2020 appeared first on The Motley Fool UK.
  
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• Saudi Aramco sticks to $75bn dividend despite a 73% profit slump

  09-08-2020 14:35 via uk.finance.yahoo.com
  
  The result for Q2 reflects the biggest shock for global energy markets, which saw oil demand fall to 25-year lows and market prices plunge by three-quarters.
  
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• Stock market crash: 3 cheap UK shares I’d buy in an ISA to make a million and retire early

  09-08-2020 14:30 via uk.finance.yahoo.com
  
  The 2020 stock market crash has seen investor appetite take a mighty smack. I'm not scared though. You and I can still get rich from UK shares today.The post Stock market crash: 3 cheap UK shares I’d buy in an ISA to make a million and retire early appeared first on The Motley Fool UK.
  
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• UK to plunge into deepest slump on record with worst GDP drop of G7

  09-08-2020 14:29 via uk.finance.yahoo.com
  
  UK to plunge into deepest slump on record with worst GDP drop of G7. Official measure to be declared this week as coronavirus lockdown shrinks GDP by 21% in second quarter
  
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• UK to plunge into deepest slump on record with worst fall in GDP among G7

  09-08-2020 14:29 via uk.finance.yahoo.com
  
  UK to plunge into deepest slump on record with worst fall in GDP among G7Official measure to be declared this week as coronavirus lockdown shrinks GDP by 21% in second quarter
  
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• NBA individual awards: Complete list of finalists for 2019-2020 season

  09-08-2020 14:14 via ibtimes.co.uk
  
  Giannis Antetokounmpo is a top contender to take both the MVP and Defensive Player of the Year awards.
  
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• Stock market crash: how I plan to make money from property stocks

  09-08-2020 13:47 via uk.finance.yahoo.com
  
  The stock market crash has hammered UK property shares. But Roland Head believes this has created bargain buying opportunities for patient investors.The post Stock market crash: how I plan to make money from property stocks appeared first on The Motley Fool UK.
  
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• FTSE set to climb despite US-China tensions – live updates

  09-08-2020 13:18 via uk.finance.yahoo.com
  
  Landlords tell ministers: let’s go halves on rent bills FTSE 100 set to open in the green Asian markets rise Roger Bootle: The building blocks for UK success lie with more and better housing Sign up here for our daily business briefing newsletter
  
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• UK catering firm cuts jobs, saying Covid-19 may mean no sport crowds until 2021

  09-08-2020 12:47 via uk.finance.yahoo.com
  
  UK catering firm cuts jobs, saying Covid-19 may mean no sport crowds until 2021Premier League caterer Levy UK told casual staff ‘no prospect’ of catered events this year* Coronavirus – latest updates* See all our coronavirus coverage
  
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• Forget gold! I’d build a fortune with shares following the stock market crash

  09-08-2020 12:47 via uk.finance.yahoo.com
  
  Ten years from now, the shares you’ve bought today following the stock market crash may prove to have been great investments. Here’s how. The post Forget gold! I’d build a fortune with shares following the stock market crash appeared first on The Motley Fool UK.
  
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• Coronavirus: WH Smith in rent cut plea as sales falter

  09-08-2020 12:42 via uk.finance.yahoo.com
  
  The company has been a rare success story of recent years in retail, having implemented an aggressive expansion plan overseas into airports and train stations.
  
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• Poverty causes obesity. Low-income families need to be better off to eat well

  09-08-2020 12:24 via uk.finance.yahoo.com
  
  Poverty causes obesity. Low-income families need to be better off to eat well. Bans on junk food ads and five-a-day advice miss the point. To cut obesity people need support and jobs
  
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• Up to 139,000 jobs could be cut in coming months amid huge jump in planned redundancies due to coronavirus

  09-08-2020 12:00 via uk.finance.yahoo.com
  
  Nearly 1,800 companies told the Government in June that they were considering making 20 or more employees redundant, according to official figures - in a stark outline of how the jobs could be affected by the coronavirus pandemic in the coming months.As many as 139,000 jobs could be cut, which is more than five times higher than the figure announced for June last year, when 345 firms said they planned to cut 24,000 jobs, according to data obtained by the BBC in a Freedom of Information request.
  
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• Saudi Aramco to keep $75bn dividend despite dive in profits

  09-08-2020 11:55 via uk.finance.yahoo.com
  
  Saudi Aramco to keep $75bn dividend despite dive in profitsShareholder payout to stay despite 73% fall in quarterly profits due to impact of Covid-19
  
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• Trump signs coronavirus relief executive orders as stimulus talks stall

  09-08-2020 11:53 via uk.finance.yahoo.com
  
  Trump's executive orders could face a legal challenges from Democrats that could blunt their impact.
  
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• Saudi Aramco profits drop 73pc after oil price crash

  09-08-2020 11:22 via uk.finance.yahoo.com
  
  State-controlled oil giant Saudi Aramco said it would continue to pay $75bn (£58bn) in dividends to shareholders this year, despite profit slumping by more than two thirds in the second quarter. Saudi Aramco, which is the world's largest oil exporter, said its profit was down at 24.6bn riyals (£5bn) in the three months to June 30, compared to 92.6bn riyals last year, after it took a hit from lower crude oil prices and also experienced "declining refining and chemicals margins". Globa
  
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• Week ahead: UK employment data, Eurozone and UK GDP readings, US retail sales

  09-08-2020 11:20 via uk.finance.yahoo.com
  
  Economic data this week will play a critical role in helping the UK and the Eurozone asses the impact of COVID-19 on their economies.
  
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• US imposes sanctions on Hong Kong chief exec Carrie Lam

  09-08-2020 11:16 via uk.finance.yahoo.com
  
  The new sanctions represent an escalation of the US’s anti-China campaign, and are being used to target those undermining Hong Kong’s autonomy.
  
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• Stock market crash: I’d buy cheap UK shares in an ISA today to double your money

  09-08-2020 11:00 via uk.finance.yahoo.com
  
  I think the stock market crash could provide an opportunity to make higher returns on UK shares as a recovery takes hold.The post Stock market crash: I’d buy cheap UK shares in an ISA today to double your money appeared first on The Motley Fool UK.
  
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• No-deal Brexit would relegate UK to 'minor leagues', says former WTO boss

  09-08-2020 10:56 via uk.finance.yahoo.com
  
  The UK faces relegation to the lesser leagues of global trade if Boris Johnson’s government fails to conclude a free trade deal with the European Union by the end of the year, according to former World Trade Organisation boss Pascal Lamy.Mr Lamy, who was director general of the World Trade Organisation (WTO) between 2005 and 2013, told Econ Films’ CoronaNomics show that the stark choice for the UK was between “minor” and “great” trade relations with the countr
  
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• Credit Suisse eyes cooperation with insurers - Rohner

  09-08-2020 10:36 via uk.finance.yahoo.com
  
  Credit Suisseis looking to expand cooperation with insurers, Chairman Urs Rohner told a Sunday newspaper, adding the search for his successor at Switzerland's second-biggest bank was well under way.
  
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• Stock market crash: 3 dividend-paying UK shares I’d buy in an ISA today to make a million

  09-08-2020 10:32 via uk.finance.yahoo.com
  
  Don't fear another stock market crash! I reckon these UK shares are brilliant buys in today's climate. And they have enormous dividend yields too!The post Stock market crash: 3 dividend-paying UK shares I’d buy in an ISA today to make a million appeared first on The Motley Fool UK.
  
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• No savings at 50? I’d follow Warren Buffett’s tips to retire rich with UK shares

  09-08-2020 10:04 via uk.finance.yahoo.com
  
  Following Warren Buffett’s strategy and buying undervalued UK shares could help you to build a retirement nest egg, in my opinion.The post No savings at 50? I’d follow Warren Buffett’s tips to retire rich with UK shares appeared first on The Motley Fool UK.
  
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• Brooklyn Beckham and Nicola Peltz secretly married? Read on to know

  09-08-2020 09:50 via ibtimes.co.uk
  
  The couple is planning to have two weddings, one each in their native countries, England and the US, respectively.
  
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• Stock market crash: I’d follow Warren Buffett and buy good-value shares to make a million

  09-08-2020 09:37 via uk.finance.yahoo.com
  
  The stock market crash has prompted many to hunt for cheap shares. But Warren Buffett thinks “buying cheap businesses is foolish”.The post Stock market crash: I’d follow Warren Buffett and buy good-value shares to make a million appeared first on The Motley Fool UK.
  
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• Saudi Aramco's profit plunges, sees signs of oil market recovery

  09-08-2020 09:13 via uk.finance.yahoo.com
  
  Saudi state oil group Aramco'sprofit plunged 73% in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world's biggest oil exporter.All major oil companies have taken a hit in the second quarter as lockdowns to contain the coronavirus limited travel, which reduced oil consumption and sent prices tumbling to levels not seen in nearly two decades.Aramco, which listed in Riyadh last year in a record $29.4 billion flotation, said the
  
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• Saudi Aramco's profit plunges 73.4%, sees signs of oil market recovery

  09-08-2020 09:13 via uk.finance.yahoo.com
  
  Saudi state oil group Aramcoon Sunday reported a 73.4% fall in second-quarter net profit, a steeper drop than analysts had forecast, and said it expected capital expenditure for 2020 to be at the lower end of a $25 billion to $30 billion range.The world's biggest oil exporter said the rapid spread of COVID-19 globally had significantly reduced demand for crude oil, natural gas and petroleum products.Net profit fell to 24.6 billion riyals (5.03 billion pounds) for the quarter to June 30 from 92.6
  
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• Stock market crash: 3 reasons I’d buy cheap UK shares in an ISA today to make a million

  09-08-2020 09:06 via uk.finance.yahoo.com
  
  The stock market crash could provide long-term growth opportunities for ISA investors who can look beyond the short-term risks facing UK shares.The post Stock market crash: 3 reasons I’d buy cheap UK shares in an ISA today to make a million appeared first on The Motley Fool UK.
  
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• Where to now? End of eviction ban leaves tenants fearing for future

  09-08-2020 09:00 via uk.finance.yahoo.com
  
  Where to now? End of eviction ban leaves tenants fearing for future. Soon landlords will be able to take action against renters again, which many fear could lead to a rise in homelessness
  
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• Instagram ‘censorship’ of black model's photo reignites claims of race bias

  09-08-2020 08:13 via uk.finance.yahoo.com
  
  Instagram ‘censorship’ of black model's photo reignites claims of race bias. IwanttoseeNyome outcry after social media platform repeatedly removes pictures of Nyome Nicholas-Williams
  
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• Forget buy-to-let! I’d invest £20k in UK shares in a Stocks and Shares ISA to make a million

  09-08-2020 08:02 via uk.finance.yahoo.com
  
  Buying UK shares in a Stocks and Shares ISA may provide a greater chance of making a million than purchasing buy-to-let property.The post Forget buy-to-let! I'd invest £20k in UK shares in a Stocks and Shares ISA to make a million appeared first on The Motley Fool UK.
  
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• It’s time for centibillionaires to help pay the cost of Covid

  09-08-2020 08:00 via uk.finance.yahoo.com
  
  It’s time for centibillionaires to help pay the cost of CovidIn a dramatically unequal society, a one-off wealth tax provides a clear and decisive route to balancing the Treasury’s books
  
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• In today’s Whitehall farce, Boris Johnson doesn’t wear the trousers

  09-08-2020 08:00 via uk.finance.yahoo.com
  
  In today’s Whitehall farce, Boris Johnson doesn’t wear the trousersDominic Cummings’s trust-breaking trip to Barnard Castle has become this government’s Black Wednesday moment
  
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• Queen Elizabeth II, Princess Eugenie, Sarah wish Princess Beatrice on her birthday

  09-08-2020 07:58 via ibtimes.co.uk
  
  Princess Beatrice who is now married to Edoardo Mapelli Mozzi, turned 32 on Saturday.
  
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• Queen Elizabeth II, Princess Eugenie, Sarah greet Princess Beatrice on her birthday

  09-08-2020 07:58 via ibtimes.co.uk
  
  Princess Beatrice who is now married to Edoardo Mapelli Mozzi, turned 32 on Saturday.
  
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• Why Queen Elizabeth II is not required to wear face mask during summer break at Balmoral

  09-08-2020 07:43 via ibtimes.co.uk
  
  On Sunday, royal fans will not be able to catch a glimpse of the queen as she will skip the church service at Crathie Kirk.
  
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