Boris Johnson vows £2BN to rebuild the collapsing Education Institutions | UK Market Update

  • Jun 29, 2020 BST
  • Team Kalkine

Shale gas drilling creator- Chesapeake Energy that facilitated to turn the United States into a global energy powerhouse, has filed for bankruptcy protection. The Oklahoma City-based company said that it had been forced to enter chapter 11 protection because its debts of $9bn. It has entered a plan with lenders to cut $7bn of its debt and said it will continue to operate as usual during the bankruptcy process. Founded in 1989 by Aubrey McClendon and Tom Ward with an initial $50,000 investment, Chesapeake focused on drilling in underdeveloped areas of Oklahoma and Texas.

Attempts by Facebook to stiffen up on hate substance have failed to resolute advertiser defections, with Starbucks, Levi's, Verizon and Smirnoff and Baileys maker Diageo the most recent to join a 30-day boycott. As per the to the Wall Street Journal, Starbucks was Facebook's sixth largest advertiser in 2019, paying close to a figure of US$94.86m on the social network. Sunday saw Coca-Cola pull all advertising from the social media giant. Later Facebook shares crashed 8.3 per cent on the same day, erasing $US56b from the company's market value and wiping $7.2b off founder and CEO Mark Zuckerberg's personal net worth.

Boris Johnson will today pledge to rebuild Britain's crumbling schools and colleges as he prepares to offer an 'opportunity guarantee' to young people. The Prime Minister will unveil a £1.8billion package to rebuild and refurbish dozens of schools and colleges across England.

#Boris #Facebook #Energy #Kalkine

 


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