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.
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...
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.
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
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
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