Category: Business Development

Universities get extra money to cover drop in international student numbers

Universities are to get a cash boost to help them deal with a drop in numbers from overseas students due to coronavirus: iStock
Universities are to get a cash boost to help them deal with a drop in numbers from overseas students due to coronavirus: iStock

Universities will be able to access extra funds to help them deal with a drop in overseas student numbers.

Ministers have said grants and low-interest loans will become available to cover up to 80 per cent of income losses due to fewer international students enrolling as a result of the coronavirus pandemic.

University-led research will be protected through emergency finance schemes as higher education establishments deal with budget holes.

Around £200m of the investment will be

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Royal Mail to cut 2,000 jobs as virus hits business

Royal Mail is to cut 2,000 management jobs as it struggles to deal with the effects of the coronavirus crisis.

The cuts, about a fifth of the company’s management roles, aim to save about £130m in costs from next year.

Royal Mail said the pandemic accelerated the trend of more parcels and fewer letters being sent, and it had not adapted quickly enough to that.

The company’s challenges have included former boss Rico Back making a surprise exit from the business in May.

The job losses will hit senior roles hardest, with half of them set to go, and will

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The advertising business incentivizes segregation: industry veteran

The senseless killing of George Floyd by three members of the Minneapolis Police Department has sparked a wave of protests across the globe, shining a light on systemic racism in the U.S. Many businesses across the country have taken a stand in the Black Lives Matter movement, with some brands going as far as changing long-standing logos and slogans with problematic, racial implications. Brands like Aunt Jemima (PEP), Mrs. Butterworth (CAG), and Uncle Ben’s have announced that they will be rebranding and replacing their racist brand names and logos. 

Ending systemic racism may prove especially difficult for the advertising industry,

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Trump and Barr Discard Law, Morality and Honor

(Bloomberg Opinion) — As the U.S. Attorney in Manhattan, Geoffrey Berman sat atop one of the most powerful and independent perches in federal law enforcement. His office has long held dominion over the most significant white-collar crime cases in the country. It has taken on terrorists and organized crime. And sometimes it has investigated or prosecuted people close to the president of the United States.

Berman’s team took down President Donald Trump’s personal lawyer, Michael Cohen, in 2018 on charges of tax evasion, bank fraud and campaign finance violations involving hush money payments to two women who said they had

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Austin-based PeopleFund Gains Capital To Help Small Firms

AUSTIN, TX — Opportunity Finance Network — a leading national network of community development financial institutions — announced on Thursday that Austin-based PeopleFund was recipient of capital to support small businesses amid the coronavirus.

PeopleFund was one of four community development financial institutions (CDFIs) benefiting in the first round of Grow with Google Small Business Fund loans and grants from Google.org, officials said. PeopleFund will use the capital to support small businesses in its service area that were the hardest hit from economic loses stemming from both coronavirus and civil unrest stemming from police abuse protests, according to a news

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