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12 May UK economy shrinks at record 5.8% in March

Posted at 06:51h in News by KMFSLLP 0 Comments

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Nearly all parts of the economy hit by lockdown measures to fight coronavirus pandemic

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12 May UK economy shrinks at record 5.8% pace in March

Posted at 06:51h in News by KMFSLLP 0 Comments

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Nearly all parts of economy hit by lockdown measures to fight coronavirus

...

12 May No perfect way to begin easing of coronavirus lockdown, UK minister says

Posted at 06:38h in News by KMFSLLP 0 Comments

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There is no perfect way to begin gradually easing the lockdown on the British economy and Britons should apply common sense to new guidance, transport minister Grant Shapps said on Wednesday as changes to coronavirus restrictions came into effect.

12 May UPDATE 1-Brewin Dolphin profit falls as market sell-off eats into assets

Posted at 06:36h in News by KMFSLLP 0 Comments

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Brewin Dolphin posted a 5.1% fall in first-half earnings on Wednesday as the coronavirus-related market sell-off towards the end of the period saw assets under management (AUM) fall by 3.6 billion pounds.

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12 May BoC settles over half of cases in oil product losses – sources

Posted at 06:32h in News by KMFSLLP 0 Comments

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* BoC settles over half of cases over oil product losses - sources

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12 May UPDATE 2-Commerzbank plunges to loss as pandemic thwarts recovery

Posted at 06:29h in News by KMFSLLP 0 Comments

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* Expects charges of up to 1.4B euros for credit losses in 2020 (Adds details on loan losses)

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12 May Brewin Dolphin profit falls as market sell-off eats into assets

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

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Brewin Dolphin posted a fall in first-half earnings on Wednesday as the coronavirus-related market sell-off towards the end of the period saw assets under management (AUM) fall by 3.6 billion pounds.

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12 May Japan power prices hit zero as coronavirus hammers industrial activity

Posted at 06:07h in News by KMFSLLP 0 Comments

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Electricity prices in Japan are hitting the lowest price possible, effectively zero, with increasing regularity as the coronavirus pandemic slows industrial activity, while renewable energy supplies such as solar increase as summer approaches.

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12 May FOCUS-For Hire: Central Europe’s business services firms spy a chance in crisis

Posted at 06:00h in News by KMFSLLP 0 Comments

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As the COVID-19 pandemic wipes out jobs and empties offices across the world, companies in Central Europe that provide remote, lower-cost services for multinationals are emerging as winners in the new business order.

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12 May Activist investors Veraison, Cobas target Swiss-Irish baker Aryzta for “improvements”

Posted at 05:44h in News by KMFSLLP 0 Comments

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Swiss-Irish baked goods company Aryzta AG should make changes to help boost its share price, activist investors Veraison and Cobas Asset Management said on Wednesday, as they announced a tie-up that encompasses 17.3% of shares.

News

12 May UK economy shrinks at record 5.8% in March

12 May UK economy shrinks at record 5.8% pace in March

12 May No perfect way to begin easing of coronavirus lockdown, UK minister says

12 May UPDATE 1-Brewin Dolphin profit falls as market sell-off eats into assets

12 May BoC settles over half of cases in oil product losses – sources

12 May UPDATE 2-Commerzbank plunges to loss as pandemic thwarts recovery

12 May Brewin Dolphin profit falls as market sell-off eats into assets

12 May Japan power prices hit zero as coronavirus hammers industrial activity

12 May FOCUS-For Hire: Central Europe’s business services firms spy a chance in crisis

12 May Activist investors Veraison, Cobas target Swiss-Irish baker Aryzta for “improvements”

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