Posted at 10:33h
in
News
by KMFSLLP
Norway's central bank cut its key
interest rate on Thursday to a record-low zero percent from
0.25% in a surprise move, seeking to cushion an economy reeling
from the COVID-19 pandemic.
...
Posted at 10:30h
in
News
by KMFSLLP
Czech banks have so far granted
310,000 payment deferrals on loans worth 170 billion crowns
($6.77 billion), providing relief to borrowers hurt by the
coronavirus outbreak, the Czech Banking Association said on
Thursday.
Posted at 10:25h
in
News
by KMFSLLP
Blank-check company Far Point Acquisition
Corp said on Thursday its board recommended against the
$2.6 billion deal to buy shopping tax refund firm Global Blue,
after the latter flagged a hit from COVID-19.
Posted at 10:22h
in
News
by KMFSLLP
* Targets 6.2 bln stg of annual synergies in five years
(Adds reaction, industry context, updates shares)
...
Posted at 10:16h
in
News
by KMFSLLP
Italy's state-owned bank Monte dei
Paschi di Siena posted a 244 million euro ($263
million) loss in the first quarter after writing down loans due
to the economic fallout from the pandemic.
...
Posted at 09:00h
in
News
by KMFSLLP
U.S. health insurer UnitedHealth
Group Inc said on Thursday it plans to spend $1.5
billion on its customers in part by issuing credits against some
commercial health insurance premiums in June due to the new
coronavirus pandemic.
Posted at 09:00h
in
News
by KMFSLLP
Express Scripts is offering
discounted $25 and $75 prescription drug prices to the newly
uninsured, a stop-gap measure aimed at Americans who lose their
jobs and health insurance due to the coronavirus pandemic.
Posted at 08:57h
in
News
by KMFSLLP
* Pound rises after announcement, gilts flat
(Adds economist reaction)
...
Posted at 08:52h
in
News
by KMFSLLP
Hong Kong shares ended
lower on Thursday, as sentiment was weighed by a bleak outlook
for global trade after China reported a double-digit fall in
imports in April and renewed tensions between the Washington and
Beijing.
Posted at 08:48h
in
News
by KMFSLLP
British banks' lending to firms
hit by the coronavirus under the government's main loan
guarantee scheme for small and medium-sized firms has risen to
5.5 billion pounds ($6.8 billion) from 4.1 billion pounds last
week, industry data showed on Thursday.