Posted at 11:54h
in
News
by KMFSLLP
Hedge funds were net purchasers
of petroleum futures and options for the third week running last
week as managers gambled that the market has already hit its
trough.
...
Posted at 11:49h
in
News
by KMFSLLP
Lloyd's of London is collating
details of insurers' business interruption coverage for the
Prudential Regulation Authority and is in discussions about a
government backstop to cover future pandemics, it said in a
letter seen by Reuters.
Posted at 11:11h
in
News
by KMFSLLP
Indian businessman Vijay Mallya
lost an appeal in Britain's High Court on Monday against a 2018
decision to extradite him to India to face fraud charges
resulting from the collapse of his defunct company Kingfisher
Airlines.
Posted at 11:08h
in
News
by KMFSLLP
Shares in Polish gaming company
Games Operators rose further on Monday, after doubling
on their debut late last week as investors bet on increased
interest in gaming during lockdowns due to the coronavirus.
Posted at 11:05h
in
News
by KMFSLLP
Hong Kong's markets watchdog
said on Monday it had fined a local securities unit of one of
China's largest banks, Bank of Communications
, HK$19.6 million ($2.53 million) for a range of
regulatory breaches.
Posted at 11:05h
in
News
by KMFSLLP
Spain's tourism-dependent
economy could shrink as much as 12.4% this year if its
coronavirus lockdown lasts 12 weeks, before staging a vigorous
recovery of at least 5.5% in 2021, the Bank of Spain said on
Monday.
Posted at 11:00h
in
News
by KMFSLLP
A group of Argentina's major
creditors rejected the government's proposal aimed at
overhauling $66.2 billion of its foreign-law debt, saying it
inflicted an unjust amount of financial pain on international
bond holders.
...
Posted at 10:56h
in
News
by KMFSLLP
Russia will start issuing
general licences for miners to export gold bars, a decree showed
on Monday, easing restrictions that had previously required
miners to secure a permit for each occasion they sought to
export bullion.
Posted at 10:56h
in
News
by KMFSLLP
The International Monetary
Fund sees a recovery in Georgia's economic growth in 2021, after
a 4% contraction this year due to the coronavirus outbreak, and
stands ready to help the ex-Soviet country raise $1.6 billion
from donors to finance balance of payments needs, an IMF
official said.
Posted at 10:54h
in
News
by KMFSLLP
ROME, April 20 (Thomson Reuters Foundation) - With many
nations having banned mass gatherings to slow the spread of the
deadly coronavirus, green activists are marking the 50th
anniversary of Earth Day online, urging environmental action
through apps, webinars and digital campaigns.
