Hints and tips:
...Economic cycle: Are Jeremy Hunt’s plans really a ‘Budget for growth’?...
...Remember this phrase: “It’s not a vacation; it’s a family trip.”...
...In the UK, the closest equivalents to Canada’s public pension plans are the Local Government Pension Schemes....
...One night, a patient, a big former police officer, was threatening to kill the two care workers on duty for a crime he believed they’d committed....
...“I had to look at the balance sheet and make €60,000 of cost savings, mainly by sourcing things myself,” says Solomons, a part-time estate agent....
...Households’ balance sheets are strong, with excess savings worth 10 per cent of GDP, and the financial sector is well capitalised....
...Americans cut back on dining out and air travel, while plans for workers to return to their offices were delayed, which affected spending in commercial areas....
...The plan is to establish Rhoda Mary Shipyard as a hub for traditional boatbuilding: more new boats, more apprentices, perhaps a forge and a sailmaker....
...In contrast, many people have emerged from the crisis with high savings and many firms with balance sheets in good shape....
...Alongside the furlough scheme — which has covered the wages of workers temporarily laid off — business rates and tax holidays, as well as a grant scheme, small businesses had never before seen such direct...
...rates holiday and rent negotiations....
...It’s hard to have another holiday like Chinese new year.”...
...Lower fuel costs and cheaper local currencies will benefit the cost base, though with a 6-month lag....
...Total also said it plans to reduce capex by ~20% or ~$3bn. On top, the company targets an additional $500m in opex savings. These figures are close to our existing modelling assumption....
...Key downside risks to our rating and TP include continued pressure on auto sales volumes and the need for extended fee holidays....
...The company has provided its clearest warning yet on the potential changes to be imposed by the CMA and is delaying aspects of the Transformation Plan, which will push back cost savings....
...As one sceptic conceded, laying off workers “is very sensitive, especially going into elections”....
...It hasn’t been plain sailing for the Trump Organization’s 162-unit venture since it was announced in 2012....
...“It’d be a lot easier if we could digitise some of the documents,” Krestyaninova says, pointing to a musty folder of plans for constructing the road....
...Herb Bleuer, a Swiss mountain man, had been called in to improve safety at Granduc, a local copper mine where an avalanche had killed 28 workers....
...He folds and solders tin sheets into cups, candle-sconces and open-sided tin-can ovens. The metal once arrived from Cornwall via Wales, a supply route the Revolution scuppered for a while....
...Mr Jetson responded by appointing more local managers, reducing Lihir’s reliance on fly-in, fly-out workers, training local staff and delivering community projects and new roads, which had been promised...
...It is a source of local pride. Workers and managers tell visitors how the hot strip mill, where slabs of steel made on the site are rolled, has recently broken production records....
...The prime minister returned from holiday to conduct emergency talks about saving a further 15,000 jobs....
...(Financial Times) US pension fund sues big banks over CDS ‘dominance’: The class action antitrust suit filed by the Sheet Metal Workers Local No. 33 Cleveland District Pension Plan pension fund accuses...
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