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The coronavirus crisis could have a lasting impact on the gender wage gap

Amid the coronavirus crisis, women have disproportionately cut back on job hours to care for their children, which could cause the gender wage gap to grow.

5 years ago

California sues Education Secretary DeVos for 'failing' to implement student loan forgiveness program

Ninety-nine percent of loan forgiveness applications under a congressionally mandated program were rejected between May 2018 and May 2019.

5 years ago

Deutsche Bank faces action from NY regulators over Epstein ties: sources

Deutsche Bank could face enforcement action by New York regulators investigating its ties to the late U.S. financier and accused sex offender Jeffrey Epstein, two sources familiar with the investigation told Reuters on Wednesday.



5 years ago

France nears 1-billion-euro crisis fund for aero suppliers: sources

French government and industry officials are negotiating a 1-billion-euro, privately led investment fund for small aerospace suppliers in which major manufacturers could invest 200 million euros, people familiar with the proposals said on Wednesday.



5 years ago

Why Covid is your ticket to working by the beach

Sifted | Marie Mawad | Jun 2, 2020 If everyone’s working remotely, will Europe’s tech capitals lose to smaller hubs with lifestyle perks? Marseille for one is making a push to shine. For Matthieu Somekh, who runs a startup campus in Marseille, in the south of France, it’s not uncommon for phone calls to end

5 years ago

SoftBank launches $100 mln fund investing in 'people of colour'

SoftBank Group Corp is launching a $100 million fund to invest in "companies led by founders and entrepreneurs of colour", in the latest corporate action as protests roil the United States.



5 years ago

Oil prices rise ahead of OPEC+ meeting on extended output cuts

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



5 years ago

Volkswagen closes $2.6 billion investment in self-driving startup Argo AI

German automaker Volkswagen AG has closed its $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup disclosed in a blog post on Tuesday.



5 years ago

Plunging cost of wind and solar marks turning point in energy transition: IRENA

Plunging costs of renewables mark a turning point in a global transition to low-carbon energy, with new solar or wind farms increasingly cheaper to build than running existing coal plants, according to a report published on Tuesday.



5 years ago

Natgas flows to U.S. LNG export plants sink to 9-month low due to coronavirus

The amount of natural gas flowing on pipelines to U.S. liquefied natural gas export plants is at its lowest levels since August, a signal of weak worldwide demand due to government lockdowns to repress the coronavirus.



5 years ago

Sustainable funds are outperforming their peers during the pandemic, BNP Paribas says

Compared to other funds, sustainable funds showed strong outperformance across indexes, such as the MSCI equity index and S&P 500, says Gabriel Wilson-Otto from BNP Paribas Asset Management.

5 years ago

Stocks make cautious gains as U.S.-China frictions slow recovery rally

Asian stocks rose on Tuesday as investors' focus on the prospects of a global coronavirus recovery won out over familiar worries about U.S.-China relations and the depth of economic damage.



5 years ago

Virgin Australia administrator picks Bain, Cyrus as final bidders

Virgin Australia Holdings Ltd's administrator said on Tuesday it had selected Bain Capital and Cyrus Capital Partners as the final bidders for the country's second-biggest airline.



5 years ago

French Finance Minister: Renault loan not signed yet, but should be soon

French Finance Minister Bruno Le Maire said on Tuesday the government had not yet signed off on a planned 5 billion euro ($5.6 billion) loan for carmaker Renault , though he hoped the loan would be agreed soon.



5 years ago

Sell, stow or dump? Retailers wrestle with mountain of unsold stock

Forget fast or slow fashion, now it's ground to a halt.



5 years ago