Tag Archives: Economy

ST. JOHN’S, N.L. – The head of an economic recovery team tasked with reviewing Newfoundland and Labrador’s expenses and mapping a way forward for the indebted province says the group’s interim report will be delayed several weeks. Moya Greene, a St. John’s-born businesswoman known for privatizing Britain’s Royal Mail postal …

Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared …

President Joe Biden has picked a former Obama administration official to run the Centers for Medicare and Medicaid Services. The agency oversees government health insurance programs covering more than 1 out of 3 Americans and is a linchpin of the health care system. If confirmed by …

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Royal Mail has started work on a super-sized parcel hub – with the capacity to one day process more than a million items a day. The 840,000 sq ft Midlands parcel hub will be its biggest yet, covering an area the size of more than 10 football pitches and reflecting …

Bank buildings at Toronto’s financial district on Sept. 3, 2020. Fred Lum/The Globe and Mail Canada’s banking regulator will not yet consider lifting restrictions on banks’ dividends and share buybacks introduced at the start of the pandemic, even though the largest lenders continue to amass growing stockpiles of surplus capital. …

Bradford needs to plan for an economic recovery that will leave the district in better shape than it was before the Covid pandemic, according to a body set up to help the city bounce back from the pandemic. Professor Zahir Irani, deputy vice chancellor of Bradford University and chair of …

You don’t become Dawn French’s go-to recording studio by accident but a Plymouth business can boast of being just that after the TV star chose it twice in a year. Since 1998 Fresh Air studios has been recording the voices of the famous and the familiar at its Stonehouse base …

Cineworld, one of the world’s largest cinema chains and owner of the multiscreen on Parnell Street in Dublin, is looking at a company voluntary arrangement, an insolvency process used in the UK to cut costs, as part of its talks with lenders to gain access to capital, the Financial Times has …

UK extends wage support scheme until March amid new lockdown … the likes of British Airways, Royal Mail and Rolls-Royce all laying off thousands. Source link