Gove faces secrecy claims over Brexit haulage ‘shambles’

Government secrecy over its new border operating system is hindering the country’s Brexit preparations, according to haulage industry bosses who labelled the process a “complete shambles”. In a letter seen exclusively by Sky News, the Road Haulage Association (RHA) has warned Cabinet Office minister Michael Gove that delays in sharing…

Keeping a wary eye on China's corporate debt

“This is a problem facing every country because of the lockdown and downturn in the economy. Many businesses are facing cash flow problems. It is not unexpected that balance sheets will be somewhat impaired (during times like these). We have seen cases reported recently of bond defaults by China’s small…

Unemployment filings in Colorado increase by 69%, reach highest level since May

More Coloradans filed for state unemployment aid last week than at any point since May as the COVID-19 pandemic’s third wave continues sends shockwaves through hospitals and the economy. The U.S. Department of Labor reported on Wednesday that 15,528 people opened initial unemployment claims in Colorado last week. That’s a…

Eroad grows revenue amid pandemic, issues limited guidance

Eroad has reported $45.8m revenue for the six months to September 30 – a 19 per cent increase over the year-ago period – amid the pandemic. The Auckland-based, NZX/ASX-listed maker of fleet-tracking technology made a net profit of $1.0 million, against a year-ago loss of $0.1m Ebitda increased from $11.9m…

UK first-year students: have you decided to leave university?

We’d like to hear from first year students in the UK who have decided to leave university. The coronavirus pandemic has caused increased disruption and hardship for many students around the UK as studies went online and students were forced to self-isolate. But for first year students, starting out at…