Posted at 07:21h
in
News
by KMFSLLP
European shares fell on Wednesday, as
investors feared a surge in COVID-19 cases after several
hard-hit countries started to ease lockdowns, while rising
U.S.-China tensions also dented sentiment.

...
Posted at 07:18h
in
News
by KMFSLLP
Dutch bank ABN Amro
warned provisions for souring loans could balloon to 2.5 billion
euros ($2.71 billion) this year as the coronavirus crisis and
oil price crash triggered a higher-than-expected first quarter
loss.

...
Posted at 07:18h
in
News
by KMFSLLP
First Abu Dhabi Bank
(FAB), the United Arab Emirates' largest lender, on Wednesday
said it has $73.2 million of exposure to agri-trader Phoenix
Commodities and related entities.

...
Posted at 07:18h
in
News
by KMFSLLP
Britain said on Wednesday it
would temporarily guarantee business-to-business transactions
until December for companies struggling to pay trade credit
insurance during the coronavirus pandemic.

...
Posted at 07:17h
in
News
by KMFSLLP
Australian shares reversed course to
close higher on Wednesday, as heavyweight Commonwealth Bank of
Australia's shares rose after news of the sale of its
wealth management business and coronavirus provisions being
broadly in line with peers.
Posted at 07:04h
in
News
by KMFSLLP
* Two other firms admitted back into portfolio
(Adds background, inclusions, bullets)

...
Posted at 06:52h
in
News
by KMFSLLP
Japanese shares dipped further
from a two-month high on Wednesday, tracking overnight losses on
Wall Street on fears of a second wave of COVID-19 infections,
while some profit taking also weighed on the market.
Posted at 06:51h
in
News
by KMFSLLP
Nearly all parts of the economy hit by lockdown measures to fight coronavirus pandemic
...
Posted at 06:51h
in
News
by KMFSLLP
Nearly all parts of economy hit by lockdown measures to fight coronavirus
...
Posted at 06:38h
in
News
by KMFSLLP
There is no perfect way to begin
gradually easing the lockdown on the British economy and Britons
should apply common sense to new guidance, transport minister
Grant Shapps said on Wednesday as changes to coronavirus
restrictions came into effect.