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06 May UPDATE 3-Nintendo smashes Switch sales view; says Animal Crossing is device’s fastest-selling game

Posted at 11:09h in News by KMFSLLP 0 Comments

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* Sold 13.4 mln Animal Crossing units in first six weeks (Adds executive comment)

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06 May UPDATE 1-Blank-check company Far Point board recommends against Global Blue buyout

Posted at 11:08h in News by KMFSLLP 0 Comments

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Blank-check company Far Point Acquisition Corp said on Thursday its board recommended shareholders vote against its $2.6 billion deal to buy Global Blue, after the shopping tax refund firm disclosed that the COVID-19 pandemic has hurt operations.

06 May UK government admits Turkish PPE failed safety checks

Posted at 11:04h in News by KMFSLLP 0 Comments

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Frantically sourced equipment is impounded in government warehouse

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06 May UPDATE 6-Bank of England sees worst slump in 300 years as coronavirus bites

Posted at 10:59h in News by KMFSLLP 0 Comments

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* Pound rises after announcement, gilts slip (Updates with BoE news conference)

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06 May SE Asia Stocks-Philippines recovers on hopes of lockdown easing; Thailand falls

Posted at 10:47h in News by KMFSLLP 0 Comments

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Philippine shares reversed course to end higher on Thursday on hopes the country would soon ease its coronavirus-driven restrictions, while Thailand stocks fell on gloomy outlook for its economy. The Philippine benchmark gained 0.3%, recovering from a 0.7% fall earlier in the session after

06 May EU executive proposes anti-money laundering body

Posted at 10:45h in News by KMFSLLP 0 Comments

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The European Commission said on Thursday it is considering creating a new authority to police financial crime and monitor banks more strictly, confirming a Reuters report.

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06 May REFILE-UPDATE 2-PayPal sees strong second quarter as online spending surges (May 6)

Posted at 10:35h in News by KMFSLLP 0 Comments

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PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, sending its shares up 8% in extended trading.

06 May REFILE-UPDATE 3-Norway central bank cuts rates to zero to soften coronavirus impact

Posted at 10:33h in News by KMFSLLP 0 Comments

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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.

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06 May Czech banks have granted 310,000 loan payment deferrals -association

Posted at 10:30h in News by KMFSLLP 0 Comments

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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.

06 May Far Point board recommends against buyout of Global Blue

Posted at 10:25h in News by KMFSLLP 0 Comments

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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.

News

06 May UPDATE 3-Nintendo smashes Switch sales view; says Animal Crossing is device’s fastest-selling game

06 May UPDATE 1-Blank-check company Far Point board recommends against Global Blue buyout

06 May UK government admits Turkish PPE failed safety checks

06 May UPDATE 6-Bank of England sees worst slump in 300 years as coronavirus bites

06 May SE Asia Stocks-Philippines recovers on hopes of lockdown easing; Thailand falls

06 May EU executive proposes anti-money laundering body

06 May REFILE-UPDATE 2-PayPal sees strong second quarter as online spending surges (May 6)

06 May REFILE-UPDATE 3-Norway central bank cuts rates to zero to soften coronavirus impact

06 May Czech banks have granted 310,000 loan payment deferrals -association

06 May Far Point board recommends against buyout of Global Blue

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