Posted at 15:07h
in
News
by KMFSLLP
Coronavirus lockdowns might
have caught a lot of people by surprise last month, but with
April's new billing cycle, it is time for cash-strapped
Americans to rethink automatic spending habits.
...
Posted at 14:33h
in
News
by KMFSLLP
Pacific Investment Management
Co (PIMCO), one of the world's largest investment firms, told
clients on Thursday the coronavirus outbreak is likely to cause
a short and severe recession, and that the risk of a slow
recovery or a relapse will keep its investment strategy
defensive for the time being.
Posted at 14:29h
in
News
by KMFSLLP
One of the world's biggest recruiters,
Hays, raised about 200 million pounds ($248 million)
via a new share issue on Thursday, seeking to prop up its
finances in the face of an expected collapse in fees due to the
coronavirus.
Posted at 14:22h
in
News
by KMFSLLP
Russian businessman Oleg Tinkov,
the founder of TCS Group on Thursday announced his
intention to step down from the board of Tinkoff Bank in order
to focus on his health, after being diagnosed with acute
leukaemia in October.
Posted at 14:13h
in
News
by KMFSLLP
Goldman Sachs Group Inc
Chief Executive David Solomon said Thursday Goldman is
committing $250 million from its balance sheet to community
development financial institutions so they can make loans to
small businesses hurt by the coronavirus pandemic.
Posted at 13:48h
in
News
by KMFSLLP
France and Spain cut services while UK, Germany and Italy run operations as normal
...
Posted at 13:44h
in
News
by KMFSLLP
JPMorgan Chase & Co Chief
Executive Officer Jamie Dimon has returned to lead the largest
U.S bank, after recovering from recent heart surgery, according
to an internal memo to employees seen by Reuters.
Posted at 13:34h
in
News
by KMFSLLP
Global financial regulators said
on Thursday they are in talks with governments to allow key
staff at financial firms to work on site during the coronavirus
epidemic to keep markets open.
...
Posted at 13:24h
in
News
by KMFSLLP
JPMorgan Chase & Co Chief
Executive Officer Jamie Dimon has returned to lead the largest
U.S bank, after recovering from recent heart surgery, according
to an internal memo seen by Reuters.
...
Posted at 13:03h
in
News
by KMFSLLP
The Brent crude oil benchmark,
used to price more than half the world's physical crude cargoes,
has dropped to a new record discount to Brent oil futures at
about a $10 per barrel, highlighting the overwhelming glut in
world markets.
