British finance minister Rishi Sunak is preparing to introduce sweeping tax cuts and an overhaul of planning laws in up to 10 new “freeports” within a year of the UK’s becoming fully independent from the European Union in December, the Sunday Telegraph said.
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“Star Wars” Stormtroopers enforced mask-wearing and Mickey Mouse waved from a distance on Saturday as Florida’s Walt Disney World opened to the public for the first time in four months amid a surge of coronavirus cases in the state.
U.S. electric carmaker Tesla Inc
Former Nissan Motor chairman Carlos Ghosn is helping everyone who stood by him, he said in an interview broadcast on Saturday, though he declined to comment on cases of people accused of helping him flee to Lebanon from Japan.
Austria, one of the “frugal four” seeking changes to the European Union’s planned coronavirus recovery fund, wants a bigger share of that aid to go to the bloc’s poorest countries, its leader said in remarks published on Saturday.
India has started trade talks with the European Union (EU) and is open to dialogue with the United Kingdom for a free trade agreement, the trade minister said on Saturday, as Asia’s third largest economy looks for new markets for its products.
Elon Musk’s net worth soared past Warren Buffett on Friday as the chief executive officer of Tesla Inc
France’s Safran, the world’s third-largest aerospace supplier, has began building a new factory in the northern Mexican border state of Chihuahua, Mexican Foreign Minister Marcelo Ebrard said on Saturday.
Italy has told state-controlled utility Enel to reach a deal with Telecom Italia by the end of July on plans to create a single broadband network for the country, a person close to the matter told Reuters on Saturday.
India’s government has petitioned a state court to stop any of the Chinese companies whose 59 apps it recently banned from obtaining an injunction to block the order, according to two sources and the legal filing.
Dubai has announced a new package to help the economy cope with the effects of the coronavirus outbreak, worth 1.5 billion dirhams ($408 million), the crown prince of the emirate, Hamdan Bin Mohammed Al-Maktoum, said on Twitter on Saturday.
The Cosmopolitan of Las Vegas may be gearing for layoffs.
Like many in the hospitality industry, COVID-19 has hit Roxanne Gomez particularly hard.
Three businesses are opening new locations or expanding in the Las Vegas Valley, bringing 81 new jobs to the area over the next five years.
Germany will take further stakes in companies threatened by the coronavirus crisis, Economy Minister Peter Altmaier said, adding that “probably a few dozen” firms might follow airline group Lufthansa
British Prime Minister Boris Johnson will tell office workers next week to start returning to their desks to help save the country’s economy, the Daily Mail reported https://www.dailymail.co.uk/news/article-8511629/Boris-desks-offices-killing-town-centres-warns-PM.html on Friday.
China’s banks should brace for a big jump in bad loans due to coronavirus-induced economic pain, the financial regulator said on Saturday, noting the deterioration of asset quality at some small and mid-sized financial institutions was accelerating.
Chinese electric vehicle (EV) maker Li Auto Inc, backed by food delivery giant Meituan Dianping <3690.HK>, has filed for a U.S. initial public offering.
Goya Foods Inc, the largest Hispanic-owned U.S. food company and a popular brand among Latino Americans, became the target of a boycott campaign on social media on Friday sparked by its CEO effusively praising President Donald Trump at the White House.
Wall Street Week Ahead: Investors await BlackRock earnings after blistering second quarter market rally
Investors will watch next week’s earnings from BlackRock, the world’s largest asset manager, for a snapshot of how the industry performed during the second quarter’s dramatic rebound in global financial markets.
Billionaire philanthropist Bill Gates called for COVID-19 drugs and an eventual vaccine to be made available to countries and people that need them most, not to the “highest bidder,” saying relying on market forces would prolong the deadly pandemic.
The Indian economy’s medium-term outlook remains uncertain even though the country has started re-opening after over two months of a nationwide lockdown, as demand and supply shocks due to the coronavirus still loom large, the central bank governor said on Saturday.
A U.S. judge said on Friday two Massachusetts men pose too great of a risk of flight to be released on bail given “spectacular” allegations that they helped orchestrate former Nissan Motor Co <7201.T> Chairman Carlos Ghosn’s escape from Japan.
Commercial insurers are scrutinizing building managers’ efforts to avoid outbreaks of Legionnaires’ disease as they re-open movie theaters, gyms, schools and offices that had been closed for months due to the coronavirus pandemic, industry sources told Reuters.
Cirque du Soleil and its secured creditors are close to reaching a agreement on a second stalking horse bid for the financially strapped entertainment group, after lenders opposed a deal with shareholders including TPG Capital and Fosun International <0656.HK>, a Canadian court heard on Friday.
The Trump administration on Friday said it would slap additional duties of 25% on French imports valued at $1.3 billion in response to France’s new digital services tax, but would delay implementation of the new tariffs for up to 180 days.
Starting a hedge fund with more capital and scoring top first-year returns point to higher chances of survival in the often risky business, Goldman Sachs Group Inc
The Institute for International Finance on Friday released a legal tool aimed at helping some of the world’s poorest countries take advantage of a suspension of debt payments offered by the Group of 20 major economies.
Bank of Nova Scotia
Britain’s government is expected to set a deadline of 2025 for removing equipment made by China’s Huawei from the country’s 5G telecoms networks, the Telegraph newspaper said on Friday.
Tesla Inc will hold its annual shareholder meeting in person on Sept. 22 at its Fremont factory in California, the electric carmaker said on Friday.
U.S. stock index futures slipped on Friday as a record increase in coronavirus cases raised fears of another hit to Corporate America with several states delaying the easing of business restrictions.
Canada’s long-term financial and economic profile is expected to remain consistent with its current AAA rating, Standard & Poor’s said on Friday, just two days after Ottawa forecast its largest budget deficit since World War Two.
Royal Bank of Canada
Credit Suisse Group AG
Facebook Inc is considering imposing a ban on political ads on its social network ahead of elections in the United States in November, Bloomberg News reported on Friday, citing people familiar with the company’s thinking.
Amazon.com Inc said it sent an email earlier on Friday that requested employees remove the TikTok app from mobile devices that also had access to company emails in error.
New Jersey, one of the states hardest hit by the coronavirus outbreak, would borrow up to $9.9 billion from sources that could include the U.S. Federal Reserve to deal with massive revenue losses from the economic shutdown, under an agreement announced on Friday between the governor and legislative leaders.
The boards of Benetton-backed Atlantia
Asian shares were set to open mostly lower on Friday as record-breaking new coronavirus cases and deaths in several U.S. states stoked concerns that new lockdowns could derail the economic recovery, and investors looked forward to earnings season.
Amazon.com is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service Inc and FedEx Corp, as it fights to fix widespread pandemic-fueled delivery delays that sent customers into the arms of competitors like Walmart Inc.
White House economic adviser Larry Kudlow said on Friday a further round of economic impact payments to Americans should focus on those who no longer have a job to return to, saying the next coronavirus relief bill should be “tighter” than previous efforts.
The dollar and other safe-haven currencies were well bid on Friday after a surge in new coronavirus cases in the United States further undermined the case for a quick economic recovery.
Canada’s biggest grocery chains on Friday defended the mid-June end of premium wages for workers, saying the extra pay was temporary and that, despite some courtesy communication among them, the decisions to terminate them had been made independently.
Telecom Italia (TIM)
Security services provider G4S
Oil prices dipped on Friday after steep falls in the previous session and were set for a weekly decline on worries renewed lockdowns following a surge in coronavirus cases in the United States and elsewhere will suppress fuel demand.
Meat lobby groups have asked the government of Paraná, Brazil’s largest chicken producing and exporting state, to reconsider local regulations aimed at increasing spacing between food plant workers during the COVID-19 pandemic, according to a letter seen by Reuters on Friday.
The U.S. Census Bureau is hiring 100 temporary employees in Clark County.
The board of infrastructure group Atlantia