Posted at 09:07h
in
News
by KMFSLLP
* World Bank sees global output shrinking by 5.2% in 2020
(Adds comment, updates prices)
...
Posted at 09:05h
in
News
by KMFSLLP
The founding family of Britain's
Iceland Foods and its chief executive have taken full ownership
of the frozen food specialist which has seen a two decade-high
market share during the coronavirus crisis.
...
Posted at 08:56h
in
News
by KMFSLLP
Hong Kong shares closed
at their highest level in three months on Tuesday, tracking
gains in broader markets as the easing of coronavirus-induced
lockdowns in many countries fed short-term investor optimism of
a quick economic recovery.
** At the close of trade, the Hang Seng index was up
280.45 points, or...
Posted at 08:45h
in
News
by KMFSLLP
British small businesses have
borrowed nearly 24 billion pounds ($30 billion) under a
coronavirus credit programme that offers 100% state guarantees
for banks providing the loans, more than other, longer-running
emergency support schemes.
...
Posted at 08:41h
in
News
by KMFSLLP
* Deal follows sale of Italian curtain wall maker
Permasteelisa
...
Posted at 08:34h
in
News
by KMFSLLP
Foreign investors are buying Asian shares
after dumping them over the past three months, as lifting of
coronavirus lockdowns has boosted optimism regional economies
are set for recovery.
...
Posted at 08:33h
in
News
by KMFSLLP
Norwegian banks should hold on to
their capital during the coronavirus outbreak and refrain from
making dividend payments or other distribution to shareholders,
Norway's Financial Supervisory Authority (FSA) said in a report
on Tuesday.
Posted at 08:31h
in
News
by KMFSLLP
Norwegian companies have sharply
cut their investment plans because of the coronavirus outbreak
and a subsequent decline in the price of crude oil, the
country's main export, a central bank business survey showed on
Tuesday.
Posted at 08:30h
in
News
by KMFSLLP
Russians rushed to purchase or
rent country homes and plots of land to escape large cities
during more than two months of lockdowns designed to curb the
spread of the novel coronavirus, data from real estate brokers
shows.
Posted at 08:20h
in
News
by KMFSLLP
Dubai state-linked property
company Meraas will become part of investment vehicle Dubai
Holding, the Dubai media office tweeted on Tuesday.
...