Posted at 16:29h
in
News
by KMFSLLP
* AstraZeneca jumps on coronavirus clinical trial update
(Adds comments, updates to close)

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Posted at 16:25h
in
News
by KMFSLLP
Banks in the European Union
have strong enough capital buffers to weather the coronavirus
crisis but profitability remains weak and could suffer further
as the pandemic progresses, the bloc's banking watchdog said on
Tuesday.
Posted at 16:22h
in
News
by KMFSLLP
Companies bailed out by
European Union governments taking stakes as a result of the
coronavirus crisis will be barred from paying dividends or share
buybacks under proposed rules, sources said.

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Posted at 16:12h
in
News
by KMFSLLP
Barclays is delaying
the release of portions of Chief Executive Jes Staley and Chief
Financial Officer Tushar Morzaria's bonuses in light of the new
coronavirus pandemic, it said on Tuesday.

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Posted at 16:11h
in
News
by KMFSLLP
Official statistics do not reflect likely mortality rate of elderly residents
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Posted at 15:56h
in
News
by KMFSLLP
JPMorgan Chase & Co's profit
plunged by more than two-thirds in the first quarter as the
largest U.S. bank put aside nearly $7 billion in reserves to
protect it from a wave of potential loan defaults in the months
ahead.
Posted at 15:54h
in
News
by KMFSLLP
Transport group obtains £600m from government to help it weather crisis
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Posted at 15:52h
in
News
by KMFSLLP
The European Central Bank
bought 36.8 billion euros of bonds last week, more than ever
before, as it sought to cushion the impact of the coronavirus
pandemic that has shut down most of the euro zone's economies.
Posted at 15:51h
in
News
by KMFSLLP
The U.S. Transportation
Department on Tuesday awarded nearly $10 billion to U.S.
airports struggling with a massive falloff in travel demand
because of the coronavirus pandemic.

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Posted at 15:30h
in
News
by KMFSLLP
The novel coronavirus
outbreak has exposed "cracks" in the global financial system and
"will likely" see banks suffer both credit losses and market
losses that will test their reserves, the International Monetary
Fund (IMF) warned on Tuesday.