The coronavirus pandemic crippled production around the world across many months, enforcing an unavoidable hiatus in business that has wreaked havoc on film and TV production schedules. The summer saw a number of troubling flare-ups in certain countries as borders began reopening, but overall, the pandemic has stabilized enough in some nations to allow specific industries to resume — albeit very cautiously. Here, Variety’s international team breaks down what you need to know about how film and TV production is faring in key markets as the industry slows comes back to life.
While the evidence is largely anecdotal at this point, the pandemic appears to have outlasted the PPP funds for a growing number of small businesses, a trend that may fuel bankruptcy filings well into next year, said James Hammond, CEO of Boston-based New Generation Research, publisher of BankruptcyData.
“There’s certainly a lot of companies that despite their PPP success at getting some funding, haven’t been able to hold it together and already have shown up in bankruptcy courts,” Hammond said.
That’s the case in federal bankruptcy court in Chicago, where a handful of Chicago-area companies filed for bankruptcy after receiving
Artificial Intelligence (AI) in Fintech Market
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Citizens Financial Group Inc RI increased its position in shares of Emerson Electric Co. (NYSE:EMR) by 24.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,784 shares of the industrial products company’s stock after acquiring an additional 2,906 shares during the quarter. Citizens Financial Group Inc RI’s holdings in Emerson Electric were worth $917,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in EMR. Wellington Management Group LLP raised its stake