Posted at 16:10h
in
News
by KMFSLLP
UK group expands cost-cutting programme by £1bn to £5bn after sales slump
...
Posted at 15:52h
in
News
by KMFSLLP
The toughest U.S. sanctions yet
on Syria take effect this week, increasing the pressure on
President Bashar al-Assad as he grapples with a deepening
economic crisis after a decade of war.

...
Posted at 15:42h
in
News
by KMFSLLP
U.S. Treasury Secretary
Steven Mnuchin said on Monday he would talk to Congress about
proper oversight of $660 billion in small business economic
relief, after previously resisting calls to reveal who received
the funds.
Posted at 15:27h
in
News
by KMFSLLP
Malaysia's largest asset
manager Permodalan Nasional Bhd (PNB) has accepted the
resignation of its president and group chief executive,
effective immediately, it said in a statement on Monday.

...
Posted at 15:22h
in
News
by KMFSLLP
The Federal Reserve on Monday launched
its latest life raft for U.S. businesses hurt by the coronavirus
pandemic.

...
Posted at 15:10h
in
News
by KMFSLLP
Britain’s state-funded wage scheme will cost a net £54bn over the March to October period
...
Posted at 15:08h
in
News
by KMFSLLP
General Electric Co on Monday
tapped the planemaking head of Brazil's Embraer to
run its key aircraft engines division on Monday, as the global
aviation industry grapples with disruption caused by the
COVID-19 pandemic.
Posted at 15:04h
in
News
by KMFSLLP
The London Stock
Exchange will not offer concessions to EU antitrust
regulators reviewing its $27 billion bid for data and analytics
company Refinitiv, two people familiar with the matter said, a
move which will likely trigger a four-month probe.
Posted at 14:36h
in
News
by KMFSLLP
* Deal for $56/ADS; Shares up nearly 10%
(Adds details on ownership, Chinese take-private deals)

...
Posted at 14:33h
in
News
by KMFSLLP
The Federal Reserve said on
Monday it had opened registration for lenders interested in
participating in its Main Street Lending Program, launching
arguably the most complex program undertaken yet by the U.S.
central bank to help keep the backbone of the economy from
buckling under the strains of the coronavirus...