Nine Democratic U.S. senators on Tuesday urged the chief executives of 11 major airlines to issue full cash refunds to customers cancelling flights during the coronavirus pandemic after Congress approved $25 billion (20.17 billion pounds) in cash grants for the hard-hit industry. "We believe your
UK supermarkets ease coronavirus shopping restrictionsAldi, Lidl, Morrisons and Waitrose relax quantity curbs after decline in footfall * Coronavirus – latest updates * See all our coronavirus coverage
Britain's coronavirus lockdown began taking its toll on London's financial heartland on Tuesday as accounting and consulting group Grant Thornton and law firm Allen & Overy sought to cut costs, including pay, and bolster capital. In normal circumstances Grant Thornton and Allen & Overy advise
More orders for NHS ventilators take number to 61,000Cambridge company Sagentia says prototype can be produced at speed for Covid-19 patients * Coronavirus – latest updates * See all our coronavirus coverage
Munich Re on Tuesday withdrew its profit guidance for the year, blaming heavy insurance claims triggered by the cancellation of large events which were banned as a way to stop the spread of the coronavirus. Munich Re said claims made to its property-casualty reinsurance segment had caused it to anticipate
After a disastrous quarter, Cliff D'Arcy thinks brave investors should dive deep into the FTSE 100's bargain bucket for treasure!The post I’d fill my Stocks and Shares ISA with these FTSE 100 bargains appeared first on The Motley Fool UK.
Many businesses may be struggling, but there are still good income stocks if you know what to look for.The post Investing for income in a down market appeared first on The Motley Fool UK.
Bangladesh, the second-largest apparel producer after China, is set to lose roughly $6 billion (4.83 billion pounds) in export revenue this financial year amid cancellations from some of the world's largest brands and retailers, two major industry bodies said on Tuesday. The two groups, which represent
U.S. consumer confidence dropped to a near three-year low in March as households worried about the economy's near-term outlook amid the coronavirus pandemic, which has upended life for Americans. The survey from the Conference Board on Tuesday came in the wake of reports last week showing the number
If your goal is to generate regular dividends, FTSE 100 (INDEXFTSE: UKX) housebuilder stocks should be avoided, says Edward Sheldon. The post FTSE 100 housebuilders: Why I don’t buy them for dividends appeared first on The Motley Fool UK.
Britain has waived import taxes on medical equipment, including ventilators, coronavirus testing kits and protective clothing, finance minister Rishi Sunak said on Tuesday, in an effort to improve the supply of goods to hospitals. Britain is bracing for the peak of the coronavirus crisis which is expected
Panic buying may be bad for consumers, but the supermarkets may be making a killing.The post Will panic buying help the Sainsbury share price? appeared first on The Motley Fool UK.
Tax avoidance schemes target workers answering NHS call-up. Recruits to coronavirus appeal may end up owing tax, interest and fees, warns HMRC
Britain's biggest retailer Tesco said on Tuesday it had recruited 35,000 additional workers in the last 10 days to help get it through the coronavirus emergency, which has triggered a dramatic increase in demand for groceries. The supermarket group is the country's largest private sector employer
If you sell your shares and move into cash today, you will regret it when the stock market crash is over.The post Don't sell your shares! Moving into cash during a stock market crash will destroy your wealth appeared first on The Motley Fool UK.
Goldman is now forecasting a real GDP sequential decline of 34% for the second quarter on an annualised basis, compared with its earlier estimate for a drop of 24%. It also cut its first-quarter target to a decline of 9% from its previous expectation for a 6% drop, according to chief economist Jan Hatzius
The coronavirus crisis and plant shutdowns have affected the jobs of at least 1,1 million Europeans working in automobile manufacturing, the European Automobile Manufacturers’ Association (ACEA) said on Tuesday. The wider sector provides jobs for 13.8 million people across the European Union, ACEA said
Shares in airline operators have plummeted in the stock market crash. But does that mean now is a good time to invest?The post EasyJet grounds entire fleet. Should you invest in airline stocks in this market crash? appeared first on The Motley Fool UK.
MOSCOW/LONDON (Reuters) - A rift in the Organization of the Petroleum Exporting Countries (OPEC) has widened after members failed to agree unanimously on an emergency low-level meeting to discuss a market collapse that has seen global oil prices hit 18-year lows. OPEC president Algeria, which has been
Investing in FTSE 100 (INDEXFTSE: UKX) stocks has become far more challenging due to the coronavirus, says Edward Sheldon. The post Buying FTSE 100 shares right now? Here's what you need to know appeared first on The Motley Fool UK.
Income investing is on shaky ground as FTSE 100 companies cut dividends. But there are other investing styles to explore.The post Forget high dividend yields! Here's how I'm buying FTSE 100 stocks in the market crash appeared first on The Motley Fool UK.
Paul Summers takes a closer look at two FTSE 100 (LON:INDEX:FTSE:UKX) stocks that have fared better than most in the coronavirus crash. The post Looking for dividends while markets crash? I think these FTSE 100 stocks could be great buys! appeared first on The Motley Fool UK.
Tesla did not immediately respond to a request for comment on how many ventilators it has to offer, or how the company will prioritise requests. Governments across the globe have appealed to automakers and aerospace companies help procure or make ventilators and other medical equipment amid a fast-spreading