Avon Rubber FY Adj. Pretax Profit Rises – Quick Facts

China Lands on Moon in First Mission to Grab Samples in 40 Years

China landed a spacecraft on the moon to conduct the first mission to retrieve lunar samples in more than 40 years, the official Xinhua News Agencysaid.

Chang’e-5, which touched down late Tuesday, is preparing for about 48 hours’ work on the moon’s surface, Xinhua said. A lander module is due to collect around two kilograms of material, some of it by drilling underground, and seal it in a container, according to the report.

New Space Race Shoots for Moon and Mars on a Budget: QuickTake

The touchdown took place on the north of the Mons Rumker in Oceanus Procellarum, also known as theOcean of Storms, on the near side of the moon, Xinhua said, citing an announcement by the China National Space Administration.

Walmart Expands Free Shipping in Bid to Win Share From Amazon

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Walmart Inc. is adding another perk to its fledglingmembership program — in a sign that it’s investing more to boost subscriptions during the crucial holiday season.

Starting Friday, the world’s largest retailer is removing the $35 minimum on online orders for Walmart+ members to receive free next-day or two-day shipping for most items, the company said in a statement. However, grocery orders from stores will still require that amount as a minimum for free expedited delivery.

The retailer has invested heavily in its e-commerce operations and it’s paying off with online sales booming during the pandemic as shoppers cut back on store visits. The latest salvo in its battle with Amazon.com Inc. is Walmart+, a competitor to the online giant’s popular subscription service. So far, Walmart has providedfew details on the performance of its membership program since its debut in September.

Joe Biden considers appointing White House 'czar' for Asia: Financial Times

WASHINGTON (REUTERS) – United States President-elect Joe Biden is considering naming a White House “Asia czar” on the National Security Council, a move that signals the region’s importance in tackling challenges from China, the Financial Times newspaper said on Tuesday (Dec 1).

Mr Biden’s administration would appoint the “right people and structures” to promote US interests and values alongside its allies, it said, citing a transition team official.

Mr Biden’s transition team did not immediately respond to a Reuters request for comment.

NCC Group Plc Issues H1 Trading Update – Quick Facts

NCC Group Plc (NCC.L) said trading has remained resilient since the Group’s AGM trading statement. Revenue is anticipated to be slightly ahead year-on-year. The Board now believes adjusted EBIT for the full year will be around the upper end of market expectations.

Adam Palser, CEO, said: “Achieving revenue growth in the first six months of the year is a tribute to the inspirational work and dedication shown by my NCC Group colleagues across the world. We are proud to have continued delivering exceptional work for our clients despite the logistical challenges of Covid-19 restrictions.”

The Group will report its interim results for the six months to 30 November 2020 on 4 February 2021.

Boston's small businesses hit hard by pandemic

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Boston is among the major cities where the coronavirus has clobbered small business.

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A staggering number of small businesses across the city of Boston and state of Massachusetts have shuttered their doors, according to reporting by Boston 25 News.

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The number of small businesses open in Boston has decreased by 44 percent since the start of the year, according to data compiled by Harvard researchers.

Certain businesses have reportedly been hit the hardest, including restaurants, hospitality and retail.

SMALL BUSINESS SATURDAY MORE CRITICAL THIS HOLIDAY SEASON AMID CORONAVIRUS PANDEMIC

Among the things that have compounded the problem include a significant reduction in foot traffic as less people come into the city for work and leisure.

The National Federation of Independent Business predicts more store fronts will continue to go dark through early 2021.

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The group says small business owners are also worried about new costs coming in 2021, including higher unemployment insurance taxes and potential higher health care expenses.

Avon Rubber FY Adj. Pretax Profit Rises – Quick Facts

Avon Rubber Plc (AVON.L) reported profit before tax of 0.5 million pounds for the year ended 30 September 2020 compared to 8.7 million pounds, previous year. Earnings per share was 441.3 pence compared to 45.8 pence. Adjusted profit before tax increased to 28.2 million pounds from 22.2 million pounds. Adjusted basic earnings per share was 76.5 pence compared to 67.2 pence.

Fiscal year revenue was 168.0 million pounds, up 30.8% from previous year. Organic constant currency growth was 0.1%, for the year. Orders received were 160.8 million pounds compared to 129.8 million pounds.

The Board recommended a final dividend of 18.06 pence per share which together with the 9.02 pence per share interim dividend gives a total dividend of 27.08 pence, up 30% on last year. The final dividend will be paid on 12 March 2021 to shareholders on the register at 12 February 2021 with an ex-dividend date of 11 February 2021.