Posted at 07:21h
in
News
by KMFSLLP
China's major indexes ended
lower on Monday, weighed down by wider losses in other markets
in the region, over growing concerns about the resurgence of the
coronavirus outbreak.
...
Posted at 07:14h
in
News
by KMFSLLP
European shares tumbled on Monday as
concerns of a second wave of coronavirus infections grew with
Beijing reporting a record number of new cases, while
underwhelming economic data from China also weighed on
sentiment.
Posted at 07:02h
in
News
by KMFSLLP
Australian shares closed at their lowest
level in three weeks on Monday due to worries about a resurgence
in COVID-19 cases across the world.
...
Posted at 06:57h
in
News
by KMFSLLP
China's factories stepped up
production for a second straight month in May, as the country
shook off the economic torpor of the coronavirus, although the
weaker-than-expected gain suggested the recovery remained
fragile.
...
Posted at 06:51h
in
News
by KMFSLLP
The Belarusian central bank on
Monday said it had imposed temporary administration on
Belgazprombank, which until recently had been headed by one of
President Alexander Lukashenko's main rivals in a presidential
election due in August.
Posted at 06:39h
in
News
by KMFSLLP
Italian bank Intesa Sanpaolo
has increased the number of branches and amount of
assets it will sell to rival BPER if its proposed
takeover of UBI Banca goes through in an effort to
overcome antitrust objections to the deal.
Posted at 06:36h
in
News
by KMFSLLP
London-based mall operator Hammerson
said on Monday it appointed rival Land Securities'
former chief executive officer, Robert Noel, as its
non-executive chair, replacing David Tyler.
...
Posted at 05:52h
in
News
by KMFSLLP
Stock market gains have
further to run and investors are still under-pricing the scale
of the world's coronavirus recovery, investment bank Morgan
Stanley said in an outlook note.
...
Posted at 05:10h
in
News
by KMFSLLP
National Australia Bank (NAB)
said some of the thousands of customers that have
requested relief on loans due to the coronavirus pandemic would
not be able to repay them, flagging it would not hesitate to
deny more assistance.
Posted at 05:00h
in
News
by KMFSLLP
The crowded daily commute in
London has long been a source of misery for millions. But
getting to work will be even more of a challenge following
Britain's coronavirus lockdown.
...