Posted at 12:25h
in
News
by KMFSLLP
Apartment sales in Moscow
jumped by a nearly a third last month as Russians rushed to
protect their money as the rouble crashed, according to official
data.

...
Posted at 12:19h
in
News
by KMFSLLP
The administrators of troubled
hospital operator NMC Health have announced a new board
for the London-listed company, bringing in four non-executive
directors with international restructuring experience.

...
Posted at 12:16h
in
News
by KMFSLLP
South Africa will not
consider International Monetary Fund funding accompanied by a
structural adjustment programme as it battles to contain the
economic impact of the coronavirus pandemic, Finance Minister
Tito Mboweni said on Tuesday.
Posted at 12:12h
in
News
by KMFSLLP
Inflation in Russia is expected
to rise to the central bank's 4% target faster than initially
expected, the bank said in a report on Tuesday, as it prepares
for a rate-setting meeting next week.
Posted at 12:09h
in
News
by KMFSLLP
Wells Fargo & Co first-quarter
profit plunged as it set aside billions of dollars to cover
potential loan-losses from the coronavirus pandemic.

...
Posted at 11:59h
in
News
by KMFSLLP
Hedge funds accelerated their
repurchases of petroleum short positions last week as Saudi
Arabia, Russia and the United States made progress towards a
production-cutting agreement.

...
Posted at 11:57h
in
News
by KMFSLLP
Austrian insurer Uniqa
plans to pay just a third of its proposed dividend for
2019 and has scrapped its payout for this year, warning on
Tuesday it might make a pretax loss in 2020 because of the
coronavirus pandemic.
Posted at 11:54h
in
News
by KMFSLLP
Will be it a U? A V? Maybe a W?
Predictions for economic recovery after coronavirus-linked
lockdowns are throwing up a medley of letters to indicate
whether we can expect a bounceback, a slow-burn recovery or
relapse.
Posted at 11:46h
in
News
by KMFSLLP
Investors have been hoarding
cash at a rate not seen since the immediate aftermath of the
9/11 attacks of 2001, BofA's April fund manager survey showed,
as the coronavirus roiled global financial markets.
Posted at 11:27h
in
News
by KMFSLLP
Three months can be a very long
time in markets, the last three months particularly.

...