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News

13 Apr Fishing rights threaten to stall Brexit talks

Posted at 17:18h in News by KMFSLLP 0 Comments

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No UK proposals for access for European boats included in latest documents sent by London to Brussels

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13 Apr UPDATE 3-South Africa rules out IMF programme despite budget woes

Posted at 16:47h in News by KMFSLLP 0 Comments

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* Central bank cuts rates for second time in two months (Updates with IMF official's comments)

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13 Apr UPDATE 2-NMC Health board replaced by administrators

Posted at 16:47h in News by KMFSLLP 0 Comments

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The administrators of troubled hospital operator NMC Health said on Tuesday they had replaced the company's board and asked its main lender, Abu Dhabi Commercial Bank (ADCB), to lead a steering group to discuss cutting its debt pile.

13 Apr UPDATE 1-Pandemic exposing ‘cracks’ in financial system, bank losses likely’ -IMF

Posted at 16:39h in News by KMFSLLP 0 Comments

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The novel coronavirus outbreak has exposed "cracks" in the global financial system and "will likely" see banks suffer both credit losses and market losses that will test their reserves, the International Monetary Fund (IMF) warned on Tuesday.

13 Apr Dividend futures bounce indicates despair lifting

Posted at 16:32h in News by KMFSLLP 0 Comments

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A dramatic jump in equity dividend futures amid the continued rush of dividend cuts from companies desperate to preserve cash is implying growing confidence that shareholder payouts could make a comeback after this year's drought.

13 Apr UPDATE 2-European shares rise on China trade data, easing coronavirus worries

Posted at 16:29h in News by KMFSLLP 0 Comments

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* AstraZeneca jumps on coronavirus clinical trial update (Adds comments, updates to close)

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13 Apr Pandemic set to erode bank profitability further – EU watchdog

Posted at 16:25h in News by KMFSLLP 0 Comments

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Banks in the European Union have strong enough capital buffers to weather the coronavirus crisis but profitability remains weak and could suffer further as the pandemic progresses, the bloc's banking watchdog said on Tuesday.

13 Apr EU rules set to bar dividend payouts by bailed out firms -sources

Posted at 16:22h in News by KMFSLLP 0 Comments

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Companies bailed out by European Union governments taking stakes as a result of the coronavirus crisis will be barred from paying dividends or share buybacks under proposed rules, sources said.

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13 Apr Barclays delays incentive payments to CEO, CFO due to coronavirus

Posted at 16:12h in News by KMFSLLP 0 Comments

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Barclays is delaying the release of portions of Chief Executive Jes Staley and Chief Financial Officer Tushar Morzaria's bonuses in light of the new coronavirus pandemic, it said on Tuesday.

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13 Apr UK care homes struggle with wave of Covid-19 cases

Posted at 16:11h in News by KMFSLLP 0 Comments

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Official statistics do not reflect likely mortality rate of elderly residents

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News

13 Apr Fishing rights threaten to stall Brexit talks

13 Apr UPDATE 3-South Africa rules out IMF programme despite budget woes

13 Apr UPDATE 2-NMC Health board replaced by administrators

13 Apr UPDATE 1-Pandemic exposing ‘cracks’ in financial system, bank losses likely’ -IMF

13 Apr Dividend futures bounce indicates despair lifting

13 Apr UPDATE 2-European shares rise on China trade data, easing coronavirus worries

13 Apr Pandemic set to erode bank profitability further – EU watchdog

13 Apr EU rules set to bar dividend payouts by bailed out firms -sources

13 Apr Barclays delays incentive payments to CEO, CFO due to coronavirus

13 Apr UK care homes struggle with wave of Covid-19 cases

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