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BP’s Oil Trading Business Estimated To Return $2.5 Billion A Year – OilPrice.com

Supermajor BP likely sees its return on average capital employed in its large oil trading business at around US$2.5 billion annually

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Barclays to send staff back to working from home – BBC News

City firms SocGen and Lloyd’s of London also tell staff to stop coming into the office after new guidance.

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Barclays will tell “hundreds” of UK staff who had gone back to the office to return to working from home.
The bank told the BBC it was making the move following the latest guidance from the government that people should work at home when they can.
About 1,000 Barclays employees worldwide returned to the office over the summer.
French bank Societe Generale and insurance giant Lloyd’s of London also told UK staff to work from home again.
Barclays said it would not…

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Tesla Battery Day live stream: how to watch it and what time it starts – TechRadar

Elon Musk will also host Tesla’s annual shareholders meeting during this live stream

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The much-hyped Tesla Battery Day live stream is about to go from 0 to 60, with Elon Musk highlighting new advancements and manufacturing goals for 2021 and beyond. It’ll also have a shareholders meeting.
Tesla frequently bundles investor meetings with public announcements, such as its Autonomy Day live stream last year showing off new self-driving Teslas. Today, all signs (and Musk tweets) point to Tesla announcing its own in-house battery production, as well as potential advancements in batter…

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Rishi Sunak weighs up German-style wage subsidies to replace furlough scheme – The Guardian

Option part of wider emergency package to help firms through second wave of Covid-19

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The chancellor, Rishi Sunak, is weighing up plans to replace the furlough scheme with German-style wage subsidies as part of a wider emergency support package to help businesses through a second wave in Covid-19.
Sources from business and industry told the Guardian that the Treasury has been consulting on options for the end of the furlough scheme as concerns mount over increasing numbers of job losses, and as rising infections and tougher restrictions risk derailing Britains economic fightback…

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