Posted at 14:27h
in
News
by KMFSLLP
Companies should press ahead with
ditching Libor for pricing loans if they want to avoid a
corporate hangover after New Year's Eve 2021, Britain's
financial watchdog said on Wednesday.
...
Posted at 14:15h
in
News
by KMFSLLP
Royal Caribbean Cruises on
Wednesday launched a $3.3 billion bond offering, pledging 28 of
its ships as collateral and forecast heavy losses for the first
quarter as the COVID-19 pandemic brings the sector to a virtual
standstill.
Posted at 14:09h
in
News
by KMFSLLP
Sri Lankan stocks rose on Wednesday,
boosted by gains in financials and consumer stocks, while the
central bank announced stimulus measures to bolster the
tourism-dependant economy during the COVID-19 pandemic after
markets closed.
...
Posted at 14:03h
in
News
by KMFSLLP
Measure to ensure market is not crippled by Covid-19 crisis will cover £171bn of business activity
...
Posted at 13:47h
in
News
by KMFSLLP
Portugal will extend its
six-month suspension on debt repayments beyond September for as
long as it takes to avoid jeopardising the banking system with a
jump in bad loans when the measure is lifted, Finance Minister
Mario Centeno said on Wednesday.
...
Posted at 13:19h
in
News
by KMFSLLP
Egypt is in talks with the
International Monetary Fund for a second bundle of financial
support after receiving nearly $2.8 billion in emergency
financing, the central bank deputy governor said on Wednesday.
...
Posted at 13:14h
in
News
by KMFSLLP
U.S. Representative Alexandria
Ocasio-Cortez will co-chair a climate change panel for
presumptive Democratic presidential nominee Joe Biden, giving
him a prominent liberal voice that could help garner his party's
full support.
...
Posted at 13:00h
in
News
by KMFSLLP
Buyers and renters in England
will be able to move house again from Wednesday under plans set
out by the government to re-start a real estate market all but
frozen by virus restrictions.
Posted at 12:53h
in
News
by KMFSLLP
The coronavirus pandemic poses
significant risks to the collateralised loan obligations (CLOs)
market as the creditworthiness of the debt deteriorates, the
European Union's securities watchdog said on Wednesday.
...
Posted at 12:51h
in
News
by KMFSLLP
The European Commission is
sending letters to EU countries reminding them that all
customers have the right to cash refunds over cancelled travel
or holidays due to the COVID-19 pandemic.
...