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Monday, June 1, 2020

SoftBank Vision Fund head's pay doubled last year despite massive losses

(This May 29 story corrects Mizuho borrowing to 912 million, not 1.39 trillion yen, in paragraph 6 and borrowing from the three big Japanese banks to almost 2 trillion yen, not 2.45 trillion yen, in paragraph 7 after SoftBank issues corrected filing)


from Reuters: Business News https://ift.tt/2TQGKYx

Workers return to Mexico's border factories as auto sector reopens

Tens of thousands of workers lined up before dawn to return to work at automotive factories along Mexico's northern border on Monday, the first day that industries joined the country's list of essential activities beginning to reopen.


from Reuters: Business News https://ift.tt/2U1edj5

Oil prices hold ground ahead of OPEC+ meeting on extended output cuts

Oil prices rose in early trade on Tuesday, with traders waiting to see whether major crude producers agree to extend their huge output cuts to shore up prices at a meeting expected later this week.


from Reuters: Business News https://ift.tt/2zUQKcz

Lockdown break-ups and job changes boost rentals

Supply of new properties for rent is not keeping up with demand, property giant Rightmove says.

from BBC News - Business https://ift.tt/2Ay7iHq

Trump calls on states to deploy National Guard: What are members paid?


Trump calls on states to deploy National Guard: What are members paid?



Pay varies based on rank, job, education level and time served.

Stocks under pressure as Trump vows to end violent protests

Asian stocks were set to come under pressure on Tuesday following a dip in Wall Street futures as U.S. President Donald Trump vowed to use force to end violent protests in American cities, souring a previously upbeat market mood.


from Reuters: Business News https://ift.tt/3eGeHD2

Coronavirus: Oxfam to start reopening in England from 15 June

The charity has not confirmed which shops will open first, but says it is keen to start work again.

from BBC News - Business https://ift.tt/3eIpzAe

Concerns county will not benefit from £2 bus cap

Councillor Justine Peberdy says Yeomans Travel and Sargeants Brothers have not committed to the cap. from BBC News https://ift.tt/F7e4mf0