BT Group Plc is in talks to sell a
multi-billion pound stake in its wholly-owned network subsidiary
Openreach to infrastructure investors to help fund an ambitious
expansion in fibre broadband, the Financial Times reported on
Gavin Newsom on Thursday slashed his proposed budget for the
next fiscal year by $19 billion, bringing spending below 2019
levels as COVID-19 related economic woes thrash his state's
economy, the world's fifth-largest.
Net profit at Nova Ljubljanska
Banka (NLB) tumbled 68% to 18.3 million euros ($19.7
million) in the first quarter of 2020 as Slovenia's largest bank
set aside money to cover bad loans caused by coronavirus crisis,
it said on Thursday.
U.S. Senator Richard Burr
will step aside as chairman of the powerful Senate Intelligence
Committee, after the FBI seized his mobile telephone in a major
escalation of a probe of his stock trades before the downturn
sparked by the coronavirus pandemic.
The top U.S. commodities markets
regulator warned exchanges and brokerages on Thursday that they
should be prepared for volatility and possible negative pricing
for certain contracts, nearly one month after U.S. oil futures
plunged into negative territory for the first time in history.