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Credit Suisse doubled its stock price target on Tesla Inc. undefined to $1,400 from $700 on Friday, and said the stock is “priced to perfection,” meaning any material upset would drive a correction. Tesla shares have gained a stunning 259% in the year to date, while the S&P 500 undefined has fallen 0.5%, driven by “euphoria’ about electric vehicles, a run of promising datapoints and heightened interest from retail investors, who have become more active during the pandemic. Coming positive catalysts include Battery Day, when Tesla is expected to unveil a long-lasting battery for its future vehicles, and second-quarter earnings that may show a profit, said analysts Dan Levy and AJ Denham. The company is expected to reveal plans to expand capacity, and could double it from
New business owners in Guernsey have explained how the coronavirus pandemic pushed them to launch their ideas.
Natalie Robins was struggling to find a job before she decided to set up Les Frens bakery from her home in St Martin.
She offers baked goods on a trolley from her driveway after managing to order all of her equipment online.
“One morning I had five people queuing in the drive at quarter to eight, and I don’t actually put everything out until eight,” she said.
“I think my record was 55 minutes for sausage rolls and an hour and 10 minutes for 98 cupcakes and about 70 sausage rolls.”
She added: “I’m absolutely loving it, I can work from home, I get a real buzz from putting the items on the trolley and people chatting in the driveway. It’s a real community spirit here in St Martin’s.”
Chloe Gallie was also
Factoring and Commercial Finance continues to grow – A mechanism for real economy support in the EU
The data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in 2019 factoring and commercial finance volumes in the EU grew overall by 7.9% to reach €1.91 Trillion. As before, 80% of this represented domestic business and the balance international.
This rate of growth – which equaled that seen in 2018 – again clearly outpaces the increase in GDP in Europe and continues to demonstrate the increasingly vital role factoring and commercial finance is playing in developing the real economy, providing principally SME businesses with much needed working capital.
Funding of €275Bn is supporting around 280,000 European businesses, helping them deliver real growth, real employment and demonstrable business success.
With factoring and commercial
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Spacing of desks, use of conference rooms, the hours you work — even the direction you walk — are coming under scrutiny.
The program’s emphasis on employee engagement is “more important than ever” in challenging times, an official said.
Officials said $175.7 billion in federal loan guarantees for Paycheck Protection Program loans were used between April 27 and May 1.
The local economy won’t rebound fully until a vaccine or treatment for the coronavirus is found, economists say.
Under the CARES Act, you can delay the 6.2% employer’s portion of the Social Security payroll tax through Dec. 31, 2020 and then pay 50% by Dec. 31, 2021
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