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News

12 May Commerzbank swings to worse-than-expected Q1 loss

Posted at 05:06h in News by KMFSLLP 0 Comments

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Germany's Commerzbank on Wednesday said that it swung to a first-quarter loss, as the lender undergoes a restructuring and deals with the fall-out of the coronavirus outbreak.

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12 May China shares fall on virus resurgence worries

Posted at 04:41h in News by KMFSLLP 0 Comments

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Shares in China fell on Wednesday as a jump in new coronavirus cases at home and elsewhere fed fears of a second wave of infections, with a Chinese city imposing fresh travel restrictions to contain a new outbreak. ** At the midday break, the Shanghai Composite index was down 0.18% at...

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12 May UPDATE 3-New Zealand doubles QE, flags negative rates as pandemic slams economy

Posted at 04:38h in News by KMFSLLP 0 Comments

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* NZ dollar falls over 1%, markets now pricing negative rate in 2021 (Adds economist quotes, updates NZ$)

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12 May UK manufacturers push back against 14-day quarantine plan

Posted at 03:00h in News by KMFSLLP 0 Comments

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Key sectors warn of disruption to production, supply shortages and more job losses

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12 May UK manufacturers push back against 14-day quarantine plan

Posted at 03:00h in News by KMFSLLP 0 Comments

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Key sectors warn of disruption to production, supply shortages and more job losses

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12 May Safe return to work will take time, warn UK unions and employers

Posted at 03:00h in News by KMFSLLP 0 Comments

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Fears over risks borne by blue-collar workers and ethnic groups and over ‘grey areas’ on PPE and enforcement

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11 May UK consumer spending drops over a third during lockdown

Posted at 23:07h in News by KMFSLLP 0 Comments

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Contraction fuelled by near-halving of money going on travel and 97% fall in sales for bars, pubs and clubs

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11 May Treasury paper sets out stark UK options to cut estimated £337bn deficit

Posted at 22:33h in News by KMFSLLP 0 Comments

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Shopping list of potential tax rises and hits to spending and pay in wake of pandemic

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11 May Rishi Sunak doubles down on job support scheme

Posted at 19:08h in News by KMFSLLP 0 Comments

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Chancellor seeks to avoid mass unemployment, but risks supporting ‘zombie’ companies while costs of crisis mount

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11 May UK government adopts regional approach to Covid-19 testing

Posted at 18:24h in News by KMFSLLP 0 Comments

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Local authorities and institutions have petitioned for bigger role given experience of their public health operations

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