Overseas Headlines – July 6, 2020

United Sates:

NYC Enters Phase Three of Reopening. Here’s What You Should Know

“As other parts of the U.S. hastily roll back reopening plans, New York City is taking one more small step forward. On Monday, the city officially kicks off Phase Three, paving the way for legions of beauty businesses — nail salons, tanning studios and tattoo parlors — to open their doors to customers for the first time in months.”

https://www.bloomberg.com/news/articles/2020-07-05/nyc-phase-three-reopening-plan-2020-what-you-should-know?srnd=economics-vp

Europe:

U.K. Businesses Expect to Cull Jobs Once Furlough Program Ends

“Almost half of businesses taking part in the U.K. government’s coronavirus jobs program expect let go of furloughed staff when support ends in October. The problem is more acute for medium-sized businesses, two-thirds of whom say they’ll have to cut jobs when the wage subsidies expire, according to polling by Opinium and the think tank Bright Blue. A quarter of businesses will struggle to increase their share of employee salaries between August and October, the report showed.”

https://www.bloomberg.com/news/articles/2020-07-06/u-k-businesses-expect-to-cull-jobs-once-furlough-program-ends?srnd=economics-vp

Asia:

One of Japan’s Largest Employers Plans to Cut Office Space by 50%

“While much of Japan continues to debate the pros and cons of remote working, one of the country’s largest employers has made up its mind — and it could be a bad sign for the office sector. Fujitsu Ltd. said it will cut its office space in Japan by 50% over the next three years, encouraging 80,000 office workers to primarily work from home in what it termed a “Work Life Shift for the new normal.”

https://www.bloomberg.com/news/articles/2020-07-06/one-of-japan-s-largest-employers-plans-to-halve-its-office-space?srnd=premium

 

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
MIL
December 23, 2025 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for December 22, 2025, was J$8.20. MJE’…
shutterstock_148562033
December 23, 2025   Kingston Wharves Limited (KW) has advised that a connected party sold 377,352 KW shares on December 19, 2025. &nbs…
shutterstock_342262439
December 23, 2025   Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that at a meeting of its Board of Directors to be held on…
shutterstock_93231562
December 23, 2025 The U.S. economy expanded at a robust pace in the third quarter of 2025, with real gross domestic product (GDP) increasing at an …
MIL
December 22, 2025 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for December 19, 2025, was J$8.12. MJE’…
shutterstock_342262439
December 22, 2025   Limners and Bards Limited (LAB) has advised that at a meeting of its Board of Directors to be held on December 30, 2025…
shutterstock_148562033
December 22, 2025   Supreme Ventures Limited (SVL) has advised that on December 19, 2025, a connected party purchased 2,000,000 SVL shares….
shutterstock_453968572
December 22, 2025   Seprod Limited (SEP) has advised that Mr. Christopher Gentles resigned from its Board of Directors effective December 2…