Business news

• The Coalition is spooked by Australia's credit rating when it should be scared of recession

  24-10-2020 21:00 via uk.finance.yahoo.com
  
  The Coalition is spooked by Australia's credit rating when it should be scared of recessionAny government worth its salt should tell Standard & Poor’s to take its warning about stimulus spending and shove it
  
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• Coalition accused of 'ideological wishlisting' after BHP pulls out of multibillion-dollar project

  24-10-2020 21:00 via uk.finance.yahoo.com
  
  Coalition accused of 'ideological wishlisting' after BHP pulls out of multibillion-dollar projectThe mining giant’s decision to abandon its Olympic Dam mine has raised questions about the government’s ‘opaque’ selection process for major projects
  
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• The Independent receives 100/100 for credibility and transparency from NewsGuard

  24-10-2020 19:29 via uk.finance.yahoo.com
  
  Our news site awarded perfect score for content our readers can trust
  
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• Private equity firm Lone Star swoops on McCarthy & Stone in £630m bid

  24-10-2020 19:06 via uk.finance.yahoo.com
  
  US private equity firm Lone Star has made a bid for retirement housebuilder McCarthy & Stone, in a deal that values the company at £630m ($430m).
  
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• The real best time to buy Black Friday staples

  24-10-2020 19:03 via uk.finance.yahoo.com
  
  Black Friday is just around the corner but it may not necessarily be the best day for shoppers to get good bargains.
  
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• Banks look to debt collectors to recover bounce back loans

  24-10-2020 19:00
  Outsourcers contacted to deal with expected wave of defaults and fraud cases
  
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• Nate Robinson vs Jake Paul: Former NBA star debuts as professional boxer against YouTuber

  24-10-2020 18:30 via ibtimes.co.uk
  
  Robinson vs Paul is set to take place on November 28.
  
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• Coca-Cola European Partners in talks to acquire Amatil

  24-10-2020 18:09 via uk.finance.yahoo.com
  
  If the deal goes ahead it will be the largest involving an Australian company this year, uniting European and Australian bottlers.
  
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• French start-up Ynsect raises $224m to build world's biggest bug farm

  24-10-2020 18:02 via uk.finance.yahoo.com
  
  Ynsect raised the funds to build its second indoor farm from investors including, Hollywood actor Robert Downey Jr.’s Footprint Coalition.
  
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• Only state investment can revive Britain's zombie economy

  24-10-2020 18:00 via uk.finance.yahoo.com
  
  Only state investment can revive Britain's zombie economy. Small firms are borrowing big sums to survive. They must be given the option of a debt-for-equity swap with the Treasury
  
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• Cheap shares: this FTSE 100 stock has surged 11% in a month. Would I buy now?

  24-10-2020 17:56 via uk.finance.yahoo.com
  
  This 'boring' FTSE 100 stock is one of the cheapest of all cheap shares. After drifting downward for six weeks, the share is soaring. Is it a bargain now?
  The post Cheap shares: this FTSE 100 stock has surged 11% in a month. Would I buy now? appeared first on The Motley Fool UK.
  
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• Exclusive: Leading investors in Ant Shanghai IPO submit bids in 68-69 yuan/share range, say sources

  24-10-2020 17:39 via uk.finance.yahoo.com
  
  Some large Chinese fund managers have submitted bids in the range of 68-69 yuan per share for the Shanghai leg of the financial technology giant Ant Group's likely $35 billion dual-listing, people with direct knowledge of the matter said.Many of them have bid for the Ant shares for the domestic listing at the Nasdaq-style STAR Market in Shanghai at close to 69 yuan ($10.32) apiece, one source said.The expected $35 billion listing in Hong Kong and Shanghai of Ant, backed by e-commerce behemoth Al
  
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• Exclusive: Ant may raise up to $17 billion in Shanghai IPO leg as investors submit bids, say sources

  24-10-2020 17:39 via uk.finance.yahoo.com
  
  China's Ant Group could raise up to $17.3 billion in the Shanghai leg of the likely $35 billion dual listing, the world's largest ever, after some large investors submitted bids in the range of 68-69 yuan per share, people with knowledge of the matter said.The simultaneous listing in Hong Kong and Shanghai of the Chinese financial technology giant, backed by e-commerce behemoth Alibaba, would beat the previous largest IPO, Saudi Aramco's $29.4 billion float last December.The pricing for the Shan
  
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• Ant may raise up to $17 billion in Shanghai IPO leg as investors submit bids, say sources

  24-10-2020 17:39 via uk.finance.yahoo.com
  
  China's Ant Group could raise up to $17.3 billion in the Shanghai leg of the likely $35 billion dual listing, the world's largest ever, after some large investors submitted bids in the range of 68-69 yuan per share, people with knowledge of the matter said.The simultaneous listing in Hong Kong and Shanghai of the Chinese financial technology giant, backed by e-commerce behemoth Alibaba, would beat the previous largest IPO, Saudi Aramco's $29.4 billion float last December.The pricing for the Shan
  
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• How lockdown left Savile Row hanging by a thread

  24-10-2020 17:38 via uk.finance.yahoo.com
  
  With international fittings limited by travel restrictions and little need for formal wear in lockdown, London’s world famous Savile Row is fearing for its future. Emily Lawford speaks to those who’ve already left - and those who are fighting to stay
  
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• Shell lines up next chairman for energy shift

  24-10-2020 17:35 via uk.finance.yahoo.com
  
  Shell has begun a search for a new chairman, with Andrew Mackenzie, the former BHP Billiton boss, emerging as an early front-runner. The Anglo-Dutch oil major is seeking a replacement for the incumbent Charles Holliday to help steer it through a tricky shift away from fossil fuels, following its first dividend cut since the Second World War earlier this year. City sources expect Mr Mackenzie, who joined the Shell board as a non-executive director at the start of this month, to be promoted to cha
  
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• Partners still banned from UK maternity wards despite rule change

  24-10-2020 17:23 via uk.finance.yahoo.com
  
  Partners still banned from UK maternity wards despite rule changeGrowing number of NHS hospitals continue to block attendance at antenatal scans and during labour
  
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• NBA 2020-21 season start date: Board of Governors propose Christmas Day opening

  24-10-2020 17:10 via ibtimes.co.uk
  
  The NBA wants to allow international players the opportunity to play in the Olympics.
  
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• Coronavirus: Rural markets boom as Brits flock to countryside

  24-10-2020 16:56 via uk.finance.yahoo.com
  
  COVID-19 drives UK homebuyers to the countryside, with many happy to pay a premium prices.
  
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• Top London restaurants find loophole in tier 2 Covid rules

  24-10-2020 16:43 via uk.finance.yahoo.com
  
  Top London restaurants find loophole in tier 2 Covid rulesAn exception meant for freelancers sees a roaring lunch trade, and No 10 doesn’t seem too bothered* Coronavirus – latest updates* See all our coronavirus coverage
  
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• US could file antitrust charges against Facebook by November

  24-10-2020 16:39 via uk.finance.yahoo.com
  
  The Federal Trade Commission (FTC) is investigating whether Facebook is using its dominant position to stifle competition in the sector.
  
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• Barcelona vs Real Madrid result: First 'El Clasico' goes to the reigning champions

  24-10-2020 15:51 via ibtimes.co.uk
  
  Messi kept silent as Barcelona loses 1-3 at home against Real Madrid.
  
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• Barcelona vs Real Madrid: El Clasico LIVE

  24-10-2020 15:51 via ibtimes.co.uk
  
  Live updates on the much-awaited first 'El Clasico' of the 2020-2021 season.
  
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• Trump vs Biden US Presidential Election: NBA arenas converted to voting centers

  24-10-2020 15:34 via ibtimes.co.uk
  
  The NBA is fulfilling a promise to contribute to the elections by allowing their facilities to be used.
  
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• Cristiano Ronaldo still positive for coronavirus, debuts new shocking hairstyle

  24-10-2020 15:19 via ibtimes.co.uk
  
  The Portuguese star may not be available for the much-awaited reunion with Lionel Messi on Wednesday.
  
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• Coronavirus: Job postings bounce back by 79%, but applications drop

  24-10-2020 14:41 via uk.finance.yahoo.com
  
  Job postings in the UK are staring to recover from the COVID-19 lockdown, despite the job retention scheme coming to an end.
  
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• Government accused of leaving self-employed 'in the lurch'

  24-10-2020 14:05 via uk.finance.yahoo.com
  
  The Labour Party said self-employed workers will only have access to a grant worth two fifths of their usual monthly income despite renewed coronavirus restrictions.
  
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• Art and cultural venues get £75m boost from Culture Recovery Fund

  24-10-2020 14:04 via uk.finance.yahoo.com
  
  Recipients of the grants include iconic venues such as Shakespeare’s Globe, Sadler’s Wells, the Old Vic, the Birmingham Repertory Theatre, the Design Museum and the Sheffield Crucible.
  
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• £5k to invest? I’d buy these cheap FTSE 100 shares today

  24-10-2020 13:58 via uk.finance.yahoo.com
  
  High profitability, low costs and a great outlook put these cheap FTSE 100 shares on my buy list today, says Tom Rodgers.The post £5k to invest? I’d buy these cheap FTSE 100 shares today appeared first on The Motley Fool UK.
  
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• AstraZeneca, Johnson & Johnson vaccine trials back on track in US

  24-10-2020 13:46 via ibtimes.co.uk
  
  Johnson & Johnson said it was preparing to resume recruitment for its parallel trial, which was suspended last week after a volunteer fell ill.
  
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• 2 UK shares I’d buy in November

  24-10-2020 13:46 via uk.finance.yahoo.com
  
  These two UK shares could be worth buying ahead of the key Christmas trading period, which I feel may lead to a re-rating if sales expand.The post 2 UK shares I’d buy in November appeared first on The Motley Fool UK.
  
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• Poland's president tests positive for coronavirus: aide

  24-10-2020 13:33 via ibtimes.co.uk
  
  The 48-year-old Duda is believed to be in good general health.
  
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• Can the Lloyds share price return to 50p?

  24-10-2020 13:16 via uk.finance.yahoo.com
  
  This Fool explains how the Lloyds share price could return to 50p in the near term despite the headwinds facing the business at present.The post Can the Lloyds share price return to 50p? appeared first on The Motley Fool UK.
  
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• French startup Ynsect to build world's biggest bug farm

  24-10-2020 13:07 via uk.finance.yahoo.com
  
  Growing global demand for food is putting a squeeze on available land and one French startup says it has the answer: indoor insect farming.Ynsect raised $224 million from investors including Hollywood star Robert Downey Jr.'s Footprint Coalition this month to build a second insect farm in Amiens in northern France.The company breeds mealworms that produce proteins for livestock, pet food and fertilisers, and will use the funds to build what it says will be the world's largest insect farm.
  
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• French start-up Ynsect to build world's biggest bug farm

  24-10-2020 13:07 via uk.finance.yahoo.com
  
  Growing global demand for food is putting a squeeze on available land and one French start-up says it has the answer: indoor insect farming.Ynsect raised $224 million from investors including Hollywood star Robert Downey Jr.'s Footprint Coalition this month to build a second insect farm in Amiens in northern France.The company breeds mealworms that produce proteins for livestock, pet food and fertilisers, and will use the funds to build what it says will be the world's largest insect farm.
  
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• The countries best prepared for an economic recession – or any future event

  24-10-2020 12:59 via uk.finance.yahoo.com
  
  A futurist assessed 30 countries to predict which are best suited to handle any future event.
  
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• Travel-starved 'passengers' dine on parked Singapore Airlines jet

  24-10-2020 12:54 via uk.finance.yahoo.com
  
  Hundreds of travel-starved diners ate lunch and watched seat-back films aboard two parked Singapore Airlines jets turned into pop-up restaurants on Saturday.
  
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• TUC calls for better pay and conditions for night workers

  24-10-2020 12:35 via uk.finance.yahoo.com
  
  The union body warned that 1.2 million of Britain’s 3.4 million night workers earn less than £10 an hour.
  
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• Here’s why I’d buy shares in this overlooked FTSE 100 sector today

  24-10-2020 12:33 via uk.finance.yahoo.com
  
  I think this FTSE 100 sector is being overlooked by investors during the pandemic downturn. This is why I rate it highly for long-term returns.
  The post Here’s why I’d buy shares in this overlooked FTSE 100 sector today appeared first on The Motley Fool UK.
  
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• Alibaba's Jack Ma says Ant Group IPO is 'world's largest'

  24-10-2020 12:33 via uk.finance.yahoo.com
  
  Ant could raise as much as $35bn (£27bn) — with the mammoth deal expected to overtake the record $29.4bn set by Saudi Aramco’s IPO in 2019.
  
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• These FTSE 100 shares are more hated than Hammerson. Are they too cheap for me to ignore?

  24-10-2020 12:32 via uk.finance.yahoo.com
  
  These FTSE 100 (INDEXFTSE:UKX) shares are being targeted by short-sellers. Are they now canny contrarian bets for patient investors?
  The post These FTSE 100 shares are more hated than Hammerson. Are they too cheap for me to ignore? appeared first on The Motley Fool UK.
  
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• Unions demand wage increases for 1.8 million low-paid key workers on night shifts

  24-10-2020 12:18 via uk.finance.yahoo.com
  
  Care staff are more likely to work nights than other people, yet many earn less than £10 an hour and are on insecure or zero-hours contracts, TUC finds
  
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• Debt crisis to overshadow Zambia's high stakes election

  24-10-2020 12:18 via uk.finance.yahoo.com
  
  Although elections won't be held in Zambia for another 10 months, the battle lines already being drawn over the country's debt woes could make them the issue to topple the longtime incumbent.
  
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• Thornberry: Govt has been complacent with drug stockpiles

  24-10-2020 12:06 via uk.finance.yahoo.com
  
  Emily Thornberry has called the government ‘complacent and lazy’ as Labour reveals that a number of the UK’s emergency stockpiles of drugs are running dangerously low..
  
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• I think I can retire early by following this strategy

  24-10-2020 11:59 via uk.finance.yahoo.com
  
  Rupert Hargreaves outlines a simple investment strategy any investor can use to retire early with a savings and investment plan.The post I think Ican retire early by following this strategy appeared first on The Motley Fool UK.
  
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• Stock market crash: are these FTSE 100 fallers too good to miss at current prices?

  24-10-2020 11:31 via uk.finance.yahoo.com
  
  The 2020 stock market crash leaves plenty of dip-buying opportunities for UK share investors to exploit. Here are a few FTSE 100 stocks I'd buy today.
  The post Stock market crash: are these FTSE 100 fallers too good to miss at current prices? appeared first on The Motley Fool UK.
  
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• Forget the National Lottery and NS&I Premium Bonds. I’d buy UK shares to make a million

  24-10-2020 11:24 via uk.finance.yahoo.com
  
  UK shares could deliver high returns in the long run. They may offer a better chance of making a million than the National Lottery or Premium Bonds.The post Forget the National Lottery and NS&I Premium Bonds. I’d buy UK shares to make a million appeared first on The Motley Fool UK.
  
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• Renault to end van collaboration with Fiat ahead of Fiat-PSA merger

  24-10-2020 11:23 via uk.finance.yahoo.com
  
  Clotilde Delbos, deputy chief executive at Renault, confirmed that the company was “putting an end to some contracts, including the one with Fiat.”
  
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• Barclays share price: is it finally the right time to buy?

  24-10-2020 11:22 via uk.finance.yahoo.com
  
  The Barclays share price is showing signs of life. Roland Head has been looking at the latest numbers from the bank to find out why.
  The post Barclays share price: is it finally the right time to buy? appeared first on The Motley Fool UK.
  
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• What are negative interest rates and how can I protect myself?

  24-10-2020 11:20 via uk.finance.yahoo.com
  
  The Bank of England is talking about introducing negative interest rates. This means I could be charged to save money. Here's how to protect myself.
  The post What are negative interest rates and how can Iprotect myself? appeared first on The Motley Fool UK.
  
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