Posted at 15:18h
in
News
by KMFSLLP
Lloyds Banking Group
has halted plans to cut around 780 jobs in view of the unfolding
coronavirus epidemic, a source familiar with the matter said on
Tuesday.

...
Posted at 15:08h
in
News
by KMFSLLP
Citigroup Inc will temporarily
close up to 15% of its U.S. branches in light of reduced foot
traffic amid the coronavirus outbreak, a spokesman told Reuters.

...
Posted at 15:05h
in
News
by KMFSLLP
Wild swings in asset prices
have thrown a spotlight on liquidity in corners of the $4.4
trillion market for U.S. exchange-traded funds, which have
played a key role for investors in Wall Street's
coronavirus-fueled sell-off.
Posted at 15:04h
in
News
by KMFSLLP
Clothes and household goods shops will be hard hit by coronavirus lockdown
...
Posted at 15:04h
in
News
by KMFSLLP
Italian Economy Minister Roberto
Gualteri said on Tuesday the country's economy would shrink
sharply in the first half of this year due to the coronavirus
crisis.

...
Posted at 15:03h
in
News
by KMFSLLP
* Intu will lower service charges for tenants
(Adds comments from Landsec and Intu)

...
Posted at 15:01h
in
News
by KMFSLLP
G7 finance ministers and central bank governors on Tuesday pledged to expand fiscal and monetary actions for as long as necessary to restore growth and confidence battered by the coronavirus pandemic.
Posted at 14:58h
in
News
by KMFSLLP
* Cost of insuring against junk bond defaults drops
(Updates to include broader market funding indicators)

...
Posted at 14:50h
in
News
by KMFSLLP
Hungary's central bank
launched new measures to boost liquidity on Tuesday and said
inflation would drop below its 3% target in the coming months
due to the fallout from the coronavirus pandemic which will dent
economic growth this year.
Posted at 14:46h
in
News
by KMFSLLP
After a 3.2% increase in U.S. corporate
share buybacks between the third and fourth quarters, investors
will see Q1 reductions and a "dismal" Q2 as companies look to
conserve cash during the coronavirus crisis, according to S&P
Dow Jones Indices.