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News

12 May FOREX-Dollar up as Powell downplays chances of negative U.S. interest rates

Posted at 19:47h in News by KMFSLLP 0 Comments

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* Sterling falls to 5-week low as dollar strengthens (Updates to U.S. afternoon)

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12 May UPDATE 1-Goldman Sachs CFO calls exposure to energy, hotel, airline firms manageable

Posted at 19:47h in News by KMFSLLP 0 Comments

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Goldman Sachs Chief Financial Officer Stephen Scherr told investors on Wednesday that the bank's lending exposure to energy, hotel, gaming and airline companies was manageable, and that the bank would not seek to grow its retail loan portfolio given current economic conditions.

12 May Companies explore suburbs as social distancing complicates return to NYC

Posted at 19:47h in News by KMFSLLP 0 Comments

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With a mass return to offices looking like wishful thinking in New York and other cities even as businesses start to reopen as the coronavirus outbreak is contained, companies are exploring real estate options in the suburbs.

12 May Illinois hit with fat yields in $800 million bond sale

Posted at 19:41h in News by KMFSLLP 0 Comments

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Illinois paid a stiff penalty for its financial woes on Wednesday with yields in the state's sale of $800 million of bonds topping out at a hefty 5.85%.

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12 May UPDATE 2-BoE’s Bailey says Bank can help spread the cost of coronavirus -ITV

Posted at 19:31h in News by KMFSLLP 0 Comments

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* Warns of economic risk from potential 2nd virus peak (Adds details)

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12 May UPDATE 1-Climate activists up stakes at Exxon, backing calls for independent board chairman

Posted at 19:24h in News by KMFSLLP 0 Comments

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Shareholder activists prodding Exxon Mobil Corp on climate-change proposals are backing calls for an independent board chairman as the oil major steps up efforts to keep climate proposals off its ballot.

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12 May Invidious choices await Sunak in tackling cost of virus crisis

Posted at 19:23h in News by KMFSLLP 0 Comments

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Chancellor is under no immediate pressure to fix finances, but will face tough calls

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12 May Now is not the time to worry about the UK debt burden

Posted at 17:28h in News by KMFSLLP 0 Comments

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Britain should spur recovery by avoiding tax rises and austerity

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12 May Self-employed help scheme sees £340m claims within hours

Posted at 16:51h in News by KMFSLLP 0 Comments

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More than 110,000 apply for income support programme on its first morning

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12 May City of London to ban cars on busiest roads as lockdown eases

Posted at 16:03h in News by KMFSLLP 0 Comments

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Plans to widen pavements and create cycle lanes in UK financial district

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News

12 May FOREX-Dollar up as Powell downplays chances of negative U.S. interest rates

12 May UPDATE 1-Goldman Sachs CFO calls exposure to energy, hotel, airline firms manageable

12 May Companies explore suburbs as social distancing complicates return to NYC

12 May Illinois hit with fat yields in $800 million bond sale

12 May UPDATE 2-BoE’s Bailey says Bank can help spread the cost of coronavirus -ITV

12 May UPDATE 1-Climate activists up stakes at Exxon, backing calls for independent board chairman

12 May Invidious choices await Sunak in tackling cost of virus crisis

12 May Now is not the time to worry about the UK debt burden

12 May Self-employed help scheme sees £340m claims within hours

12 May City of London to ban cars on busiest roads as lockdown eases

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