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News

15 Mar Johnson tells Britons to avoid pubs, office and travel

Posted at 19:51h in News by KMFSLLP 0 Comments

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‘Drastic action’ taken as death toll hits 53 but theatres say non-mandatory ‘advice’ dooms the sector

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15 Mar GLOBAL MARKETS-Markets tumble as big Fed move fails to quell virus fears

Posted at 19:43h in News by KMFSLLP 0 Comments

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Markets reeled on Monday, with stocks on Wall Street and the price of Brent crude tumbling more than 10%, as the Federal Reserve's second emergency rate cut in as many weeks failed to calm fears of a coronavirus-induced recession.

15 Mar AMS falls below rights issue price in fresh challenge to Osram takeover

Posted at 19:26h in News by KMFSLLP 0 Comments

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AMS shares fell below the price at which the Austrian sensor maker is raising new equity on Monday, in the latest hurdle to its planned purchase of German lighting group Osram.

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15 Mar UPDATE 2-Polish c.bank starts large purchases of bonds to fight virus effects

Posted at 19:22h in News by KMFSLLP 0 Comments

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The Polish central bank's management board said on Monday it is starting large-scale purchases of treasury bonds on the secondary market, and called for cuts in interest rates and reserve requirements to combat the effects of coronavirus.

15 Mar U.S. car buyers may get a break on loans as coronavirus threatens auto sales

Posted at 19:12h in News by KMFSLLP 0 Comments

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Several automakers on Monday said U.S. buyers of new vehicles will have the option to defer their payments and customers with existing car loans could ask for payment rescheduling if impacted by shutdowns due to the spread of coronavirus.

15 Mar Mozambique queried $535 million loan guarantee, VTB says in court filing

Posted at 19:11h in News by KMFSLLP 0 Comments

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Mozambique has "implicitly suggested" that a government guarantee on a $535 million loan might not be valid, state-run Russian bank VTB , which lent most of the money, said in a London court filing.

15 Mar Jordan suspends trading in Amman bourse over coronavirus- state media

Posted at 19:05h in News by KMFSLLP 0 Comments

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Jordan's government suspended trading in the Amman Stock Exchange (ASE) from Tuesday until further notice, after the government approved a decision taken by the Jordan Securities Commission (JSC), state media said on Monday.

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15 Mar UPDATE 1-G7 leaders vow to do what it takes to fight coronavirus, support economies

Posted at 18:55h in News by KMFSLLP 0 Comments

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Leaders of the Group of Seven wealthy democracies said on Monday they were committed to doing "whatever is necessary" to battle the coronavirus pandemic and to work together more closely to protect public health, jobs and growth.

15 Mar Goldman closes health clinic at NYC headquarters on worries worker has COVID-19

Posted at 18:51h in News by KMFSLLP 0 Comments

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Goldman Sachs Group Inc told employees on Monday that a worker in the bank's health center at its New York headquarters is suspected to have contracted COVID-19, according to a memo seen by Reuters and verified by the bank.

15 Mar UPDATE 2-Chile’s central bank slashes interest rate to 1%, FinMin warns of ‘powerful, transitory’ coronavirus impact

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Chile´s central bank said on Monday it would cut its interest rate to 1% from 1.75% in an extraordinary measure motivated by the global coronavirus outbreak as its finance minister warned the impact on the Latin nation would be "powerful but transitory."

News

15 Mar Johnson tells Britons to avoid pubs, office and travel

15 Mar GLOBAL MARKETS-Markets tumble as big Fed move fails to quell virus fears

15 Mar AMS falls below rights issue price in fresh challenge to Osram takeover

15 Mar UPDATE 2-Polish c.bank starts large purchases of bonds to fight virus effects

15 Mar U.S. car buyers may get a break on loans as coronavirus threatens auto sales

15 Mar Mozambique queried $535 million loan guarantee, VTB says in court filing

15 Mar Jordan suspends trading in Amman bourse over coronavirus- state media

15 Mar UPDATE 1-G7 leaders vow to do what it takes to fight coronavirus, support economies

15 Mar Goldman closes health clinic at NYC headquarters on worries worker has COVID-19

15 Mar UPDATE 2-Chile’s central bank slashes interest rate to 1%, FinMin warns of ‘powerful, transitory’ coronavirus impact

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