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12 Mar Deutsche Bank clears part of London HQ after coronavirus case

Posted at 13:53h in News by KMFSLLP 0 Comments

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An employee at Deutsche Bank in London has tested positive for coronavirus the German lender confirmed on Friday, prompting the firm to send some staff home.

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12 Mar UPDATE 1-U.S. Treasury chief sees short-term economic hit from coronavirus

Posted at 13:52h in News by KMFSLLP 0 Comments

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U.S. Treasury Secretary Steven Mnuchin on Friday said he expected the U.S. economic hit from the coronavirus outbreak to be short-term, and that the Trump administration was keeping its options open for any other future steps that may be needed.

12 Mar UPDATE 1-Xerox to postpone meetings with HP shareholders amid coronavirus scare

Posted at 13:47h in News by KMFSLLP 0 Comments

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Xerox Holdings Corp, which is in a proxy fight for control of HP Inc, said on Friday it would postpone meetings with shareholders of the personal computer maker amid the coronavirus outbreak.

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12 Mar UPDATE 2-Dash for cash: investors dump shares, bonds in wild week for markets

Posted at 13:44h in News by KMFSLLP 0 Comments

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Investors stormed out of bonds, equities and every other major asset class this week and piled a record $136.9 billion into cash, according to BofA's weekly flow data, as panic about the spreading coronavirus wiped trillions of dollars off the value of global markets.

12 Mar UPDATE 2-Spain to declare state of emergency over coronavirus – source

Posted at 13:33h in News by KMFSLLP 0 Comments

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Spain's government will declare a state of emergency over the coronavirus outbreak on Friday, a source with knowledge of the decision said, allowing authorities to confine infected people and ration goods.

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12 Mar UPDATE 2-European stocks bounce back, eye best day since 2008

Posted at 13:32h in News by KMFSLLP 0 Comments

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* Roche jumps after emergency FDA nod for virus test (Updates movements, milestones)

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12 Mar Occidental adopts “poison pill” after Icahn raises stake to about 10%

Posted at 13:28h in News by KMFSLLP 0 Comments

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Occidental Petroleum Corp said on Friday it would adopt a "poison pill", a day after billionaire investor Carl Icahn raised his stake in the oil producer to nearly 10% and once again pushed for an overhaul of its board.

12 Mar UPDATE 1-EU to offer greater leeway under fiscal rules for crisis spending

Posted at 13:25h in News by KMFSLLP 0 Comments

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The European Commission is ready to activate a clause in EU fiscal rules that would allow a suspension of budget commitments by countries most affected by the coronavirus crisis, the EU executive's vice president said on Friday.

12 Mar Ireland weighs capital buffer cut as virus spreads- Bloomberg News

Posted at 13:21h in News by KMFSLLP 0 Comments

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Ireland's central bank is considering allowing lenders release capital set aside to counter downturns amid the coronavirus crisis, Bloomberg News reported on Friday.

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12 Mar UPDATE 1-Mauritius central bank pumps in liquidity to support businesses

Posted at 13:21h in News by KMFSLLP 0 Comments

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The Bank of Mauritius said on Friday it will offer 5 billion rupees ($130 million) in liquidity support to businesses through commercial banks, to cushion firms from the impact of the coronavirus pandemic.

News

12 Mar Deutsche Bank clears part of London HQ after coronavirus case

12 Mar UPDATE 1-U.S. Treasury chief sees short-term economic hit from coronavirus

12 Mar UPDATE 1-Xerox to postpone meetings with HP shareholders amid coronavirus scare

12 Mar UPDATE 2-Dash for cash: investors dump shares, bonds in wild week for markets

12 Mar UPDATE 2-Spain to declare state of emergency over coronavirus – source

12 Mar UPDATE 2-European stocks bounce back, eye best day since 2008

12 Mar Occidental adopts “poison pill” after Icahn raises stake to about 10%

12 Mar UPDATE 1-EU to offer greater leeway under fiscal rules for crisis spending

12 Mar Ireland weighs capital buffer cut as virus spreads- Bloomberg News

12 Mar UPDATE 1-Mauritius central bank pumps in liquidity to support businesses

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