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News

26 Mar Rolls-Royce suspends production at UK aero-engine factories

Posted at 11:59h in News by KMFSLLP 0 Comments

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Aerospace companies from Airbus to Safran have taken similar steps amid virus fallout

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26 Mar Britain needs to be crystal clear about its virus strategy

Posted at 11:56h in News by KMFSLLP 0 Comments

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After blundering, the government must admit that the lockdown will not be over in three weeks

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26 Mar Marylebone’s property market in suspended animation

Posted at 11:33h in News by KMFSLLP 0 Comments

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There are hopes that wealthy Asian buyers will soon be able to return to the chic London enclave

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26 Mar Sports Direct’s Mike Ashley apologises for coronavirus response

Posted at 11:03h in News by KMFSLLP 0 Comments

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Letter to government over stores’ status during UK lockdown ‘ill-judged and poorly timed’

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26 Mar Travelex shuts UK foreign exchange bureaus, starts talks on funding

Posted at 10:34h in News by KMFSLLP 0 Comments

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Foreign exchange company Travelex on Friday said it has shut all its UK foreign exchange bureaus for around eight weeks due to the coronavirus outbreak and started discussions with its stakeholders for continued access to funds.

26 Mar UPDATE 1-Morgan Stanley gets approval for majority stake in China venture -sources

Posted at 10:33h in News by KMFSLLP 0 Comments

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Morgan Stanley has received regulatory approval to take a majority stake in its China securities joint venture, three people with direct knowledge of the matter said, as Beijing continues to open its financial sector to foreigners.

26 Mar UPDATE 2-Malaysia announces $58-bln stimulus package to cushion impact of coronavirus

Posted at 10:32h in News by KMFSLLP 0 Comments

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Malaysia announced a stimulus package worth 250 billion ringgit ($58.28 billion) on Friday, its second in a month, to help cushion the economic blow from the coronavirus pandemic.

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26 Mar UPDATE 1-Three of China’s big banks beat profit estimates, warn of coronavirus impact

Posted at 10:27h in News by KMFSLLP 0 Comments

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Three of China's listed state-owned banks reported results on Friday which beat fourth-quarter net profit estimates, as non-performing loan ratios held steady.

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26 Mar Nigeria needs 120 bln naira for coronavirus battle, turns to private sector

Posted at 10:17h in News by KMFSLLP 0 Comments

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Nigeria has appealed to private companies to make voluntary contributions towards the 120 billion naira ($330 million) that the government says it needs to fight the coronavirus epidemic.

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26 Mar SE Asia Stocks-Most finish week on a high note on hopes of further stimulus

Posted at 10:16h in News by KMFSLLP 0 Comments

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Most Southeast Asian stock markets rose on Friday on expectations of further stimulus to counter the economic blow from the coronavirus outbreak, especially after data showed a surge in U.S. unemployment filings. The number of Americans filing claims for unemployment benefits jumped to

News

26 Mar Rolls-Royce suspends production at UK aero-engine factories

26 Mar Britain needs to be crystal clear about its virus strategy

26 Mar Marylebone’s property market in suspended animation

26 Mar Sports Direct’s Mike Ashley apologises for coronavirus response

26 Mar Travelex shuts UK foreign exchange bureaus, starts talks on funding

26 Mar UPDATE 1-Morgan Stanley gets approval for majority stake in China venture -sources

26 Mar UPDATE 2-Malaysia announces $58-bln stimulus package to cushion impact of coronavirus

26 Mar UPDATE 1-Three of China’s big banks beat profit estimates, warn of coronavirus impact

26 Mar Nigeria needs 120 bln naira for coronavirus battle, turns to private sector

26 Mar SE Asia Stocks-Most finish week on a high note on hopes of further stimulus

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