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bubmag

Coronavirus: China economy facing uneven recovery, three months after lockdown Chinese Economy

Coronavirus: China economy facing uneven recovery, three months after lockdown

The National Bureau of Statistics’ manufacturing purchasing managers’ index (PMI) stood at 50.8 for April, above the magic number of 50 that separates growth from contraction in this survey of factory owners, which is a useful soft indicator of morale across the economy. Photo: ReutersThe uneven nature of China’s economic…
bubmag
April 30, 2020
‘It’s amputation’: Shell cut its dividend for the first time since World War II, the latest sign of the brutal crisis decimating the oil industry World War 2

‘It’s amputation’: Shell cut its dividend for the first time since World War II, the latest sign of the brutal crisis decimating the oil industry

REUTERS/Sergio Moraes Shell reduced its first quarter dividend by 67% from $0.47 to $0.16. It marks the first time since World War II that the Dutch oil giant has cut its dividend, the latest sign of the brutal reality of the oil market crisis. The dividend cut is "more evidence…
bubmag
April 30, 2020
How Newcastle and the Premier League landed in the middle of a toxic mix of moral, ethical and legal issues Jamal Khashoggi

How Newcastle and the Premier League landed in the middle of a toxic mix of moral, ethical and legal issues

The potential acquisition of Newcastle United by Saudi Arabia’s Public Investment Fund is in the spotlight due to the toxic mix of moral, ethical, legal and governance issues a takeover would raise. Having researched the intersection of sport, business and politics in the Middle East for over a decade, the…
bubmag
April 30, 2020