Posted at 02:45h
in
News
by KMFSLLP
* Shares fall as much as 10.5% on Friday
(Recasts, adds analyst comment)
...
Posted at 02:44h
in
News
by KMFSLLP
JP Morgan on Thursday cut
its 2020 growth estimate for Mexico and now expects the economy
to contract 7% over the year, including a 35.5% drop in the
second quarter at a seasonally adjusted annual rate.
Posted at 01:51h
in
News
by KMFSLLP
Canada on Thursday
slammed a U.S. proposal to deploy troops along their undefended
border to help fight the spread of the coronavirus, saying the
idea was unnecessary and would damage relations.
...
Posted at 01:15h
in
News
by KMFSLLP
Big banks are postponing decisions
about staff cuts as the coronavirus outbreak hits their
businesses hard, with executives saying they are unsure how long
the outbreak will hurt the economy and worried about being
unprepared if business suddenly snaps back.
Posted at 00:32h
in
News
by KMFSLLP
The dollar is on track for its
biggest weekly fall in more than a decade on Friday as a series
of stimulus steps around the world, including a $2.2 trillion
U.S. package, calmed a panic over a global recession following
the coronavirus outbreak.
Posted at 00:31h
in
News
by KMFSLLP
New York state's highest court on
Thursday ruled that drivers for online food delivery service
Postmates Inc were employees eligible for unemployment
insurance, which the state's attorney general called a win for
gig economy workers.
Posted at 00:00h
in
News
by KMFSLLP
Singapore-based Vickers
Venture Partners said on Friday it has received commitments
totalling $200 million so far for its latest fund, which has a
target to raise $500 million.
...
Posted at 23:21h
in
News
by KMFSLLP
* Singapore Airlines to issue shares, convertible bonds,
gets debt
...
Posted at 23:10h
in
News
by KMFSLLP
Brazil's monetary council on
Thursday said the country's fintechs will be able to obtain
funding from development bank BNDES, as their usual financing
channels have dried up due to coronavirus-linked market
tensions.
...
Posted at 23:06h
in
News
by KMFSLLP
The U.S. Justice Department
has approved United Technologies Corporation's planned
merger with Raytheon Co, subject to conditions, the
agency said on Thursday.
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