Posted at 17:22h
in
News
by KMFSLLP
UK companies facing cash crunch explore payment holidays to free up cash
...
Posted at 17:00h
in
News
by KMFSLLP
Homeowners with mortgages
backed by Fannie Mae and Freddie Mac will not have to face
foreclosure or eviction for at least 60 days as the U.S. deals
with coronavirus, a housing finance regulator announced
Wednesday.
Posted at 16:59h
in
News
by KMFSLLP
Canada's main stock market
fell 6% on Wednesday and losses for the loonie were the biggest
in nearly 10 years as coronavirus-driven financial market
stress, including plunging oil prices, had more i
...
Posted at 16:57h
in
News
by KMFSLLP
The Trump administration on
Wednesday asked Congress to approve $500 billion in cash
payments to taxpayers in two rounds that would start April 6 and
$50 billion in secured loans to U.S. airlines to address the
financial impact of the coronavirus, according to a document
seen by Reuters.
Posted at 16:51h
in
News
by KMFSLLP
* Bailey working out of near-empty Bank of England
(Adds Sunak comment, updates currency)
...
Posted at 16:49h
in
News
by KMFSLLP
Portuguese President Marcelo
Rebelo de Sousa asked parliament on Wednesday to authorise a
state of emergency to contain the coronavirus outbreak, his
office said.
...
Posted at 16:22h
in
News
by KMFSLLP
* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv
(Updates prices, adds quotes)
...
Posted at 16:13h
in
News
by KMFSLLP
President Tayyip Erdogan said
on Wednesday Turkey would postpone debt payments and reduce tax
burdens in various sectors under a 100 billion lira ($15.4
billion) package to support the economy and lessen the impact of
the coronavirus pandemic.
Posted at 16:06h
in
News
by KMFSLLP
Goldman Sachs said it
has instructed most of its staff in the Americas, Europe, the
Middle East and Africa to work from home from Wednesday until
further notice, according to an internal notice the bank posted
on its website late on Tuesday.
Posted at 16:03h
in
News
by KMFSLLP
Hungarian Prime Minister
Viktor Orban on Wednesday announced a blanket moratorium on loan
repayments for all companies and private borrowers until the end
of the year to limit the economic fallout from the spread of the
coronavirus.