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News

19 Apr UPDATE 1-Canada’s Sun Life lifts some premiums as payouts grow, investments sink

Posted at 19:54h in News by KMFSLLP 0 Comments

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Canada's second-biggest life insurer, Sun Life Financial Inc, raised premium rates on some life insurance and critical illness policies by up to 27% for new applicants on Monday to offset the hit from shrinking bond yields globally.

19 Apr GRAINS-Corn sinks to lowest since 2009 as crude oil turns negative

Posted at 19:46h in News by KMFSLLP 0 Comments

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Chicago Board of Trade corn futures sagged 2.6% to its lowest since September 2019, with a plunging crude oil market slashing demand for ethanol, traders said.

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19 Apr UPDATE 9-Traders hightail it out of U.S. oil contract as prices reach negative $40

Posted at 19:09h in News by KMFSLLP 0 Comments

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Traders fled from the expiring May U.S. oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude.

19 Apr UPDATE 2-Industrial Bank of Korea settles U.S., NY criminal probes over $1 bln Iran transfer

Posted at 19:02h in News by KMFSLLP 0 Comments

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Industrial Bank of Korea , one of South Korea's largest banks, will pay $86 million to settle U.S. and New York state criminal and civil charges it allowed an illegal transfer of more than $1 billion to Iran that violated U.S. sanctions.

19 Apr UPDATE 3-With Congress feuding, a small business deal seems elusive

Posted at 18:56h in News by KMFSLLP 0 Comments

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U.S. Democrats and Republicans in Congress feuded on Monday over who was responsible for delay even as they worked on details of a possible $450 billion-plus deal to provide more aid to small businesses and hospitals hurt by the coronavirus pandemic.

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19 Apr RAF dispatched to Turkey to bring back NHS safety kit

Posted at 18:54h in News by KMFSLLP 0 Comments

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Chancellor Rishi Sunak says UK government pursuing ‘every possible option’ to secure PPE

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19 Apr More than 1m salaries covered as UK steps up business rescue

Posted at 18:54h in News by KMFSLLP 0 Comments

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HMRC computer system withstands more than 140,000 companies applying to scheme

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19 Apr Brazilian judge orders banks to suspend payroll loan payments for 4 months

Posted at 18:26h in News by KMFSLLP 0 Comments

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A Brazilian federal judge on Monday ordered banks to suspend all payments due on payroll loans extended to retirees for four months, citing increased medical expenses due to the coronavirus pandemic.

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19 Apr Lockdown measures infringe human rights, says UK justice secretary

Posted at 18:17h in News by KMFSLLP 0 Comments

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Buckland insists measures are needed, but plans for a contact-tracing app increase concerns over civil liberties

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19 Apr UPDATE 2-Facebook, 3 Indonesian firms in early talks for mobile payment approval – sources

Posted at 18:06h in News by KMFSLLP 0 Comments

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Facebook Inc is preparing to apply for regulatory approval in Indonesia to launch mobile payments in partnership with three local digital fintech firms, people familiar with the matter told Reuters.

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News

19 Apr UPDATE 1-Canada’s Sun Life lifts some premiums as payouts grow, investments sink

19 Apr GRAINS-Corn sinks to lowest since 2009 as crude oil turns negative

19 Apr UPDATE 9-Traders hightail it out of U.S. oil contract as prices reach negative $40

19 Apr UPDATE 2-Industrial Bank of Korea settles U.S., NY criminal probes over $1 bln Iran transfer

19 Apr UPDATE 3-With Congress feuding, a small business deal seems elusive

19 Apr RAF dispatched to Turkey to bring back NHS safety kit

19 Apr More than 1m salaries covered as UK steps up business rescue

19 Apr Brazilian judge orders banks to suspend payroll loan payments for 4 months

19 Apr Lockdown measures infringe human rights, says UK justice secretary

19 Apr UPDATE 2-Facebook, 3 Indonesian firms in early talks for mobile payment approval – sources

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