Franklin Templeton Mutual
Fund on Thursday announced it would wind up six yield-oriented,
managed credit funds in India, effective April 23, citing severe
market dislocation and illiquidity caused by the coronavirus.
European Commission President
Ursula von der Leyen said on Thursday the next seven-year EU
budget linked to a recovery fund was the only way to steer the
bloc out of the COVID-19 crisis and that its size had to
European Union leaders asked
the executive Commission to urgently work out a plan for joint
EU financing of the bloc's economic recovery after the
coronavirus pandemic, the chairman of EU leaders Charles Michel
said on Thursday.