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06 May UPDATE 3-Top U.S. shale producer sees oil price recovery continuing

Posted at 17:41h in News by KMFSLLP 0 Comments

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U.S. shale producer Pioneer Natural Resources expects oil prices to recover to at least $45 per barrel this year, its chief executive said on Thursday.

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06 May UPDATE 1-Fed’s Kashkari sees slow, piecemeal, and rocky recovery

Posted at 17:37h in News by KMFSLLP 0 Comments

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A quick recovery from the coronavirus crisis is unlikely, Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday, warning that reopening may be a patchwork affair and that a resurgence in infections could necessitate a return to lockdown.

06 May Black Britons four times more likely to die of virus than white peers, says ONS

Posted at 17:32h in News by KMFSLLP 0 Comments

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Analysis shows Bame groups exposed to greater socio-economic and work risks

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06 May UPDATE 1-Market starts pricing for negative fed funds rate for first time

Posted at 17:20h in News by KMFSLLP 0 Comments

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Markets began pricing in a negative U.S. rate environment for the first time on Thursday, a place the Fed is determined not to go, as investors grappled with the economic consequences of the new coronavirus.

06 May Portugal widens social security support, simplifies some benefits

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

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Portugal widened social security support for informal workers, those at risk of extreme poverty and managers of small enterprises on Thursday, the first measures announced since the end of a state of emergency over the coronavirus pandemic.

06 May Canada’s Brookfield plans to invest $5 billion in struggling retailers

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

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Canada's Brookfield Asset Management Inc said on Thursday it plans to invest $5 billion to revive retailers at a time when the industry is struggling due to the COVID-19 pandemic.

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06 May CORRECTED-UPDATE 2-Dan Loeb’s Far Point urges investors to scrap Global Blue buyout

Posted at 17:10h in News by KMFSLLP 0 Comments

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Blank-check company Far Point Acquisition Corp on Thursday urged its shareholders to vote against the $2.6 billion deal to buy Global Blue after disruptions caused by the COVID-19 pandemic hit operations of the shopping tax refund firm.

06 May Banco BPM first-quarter profit lifted by trading gains, drops business plan

Posted at 17:08h in News by KMFSLLP 0 Comments

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Italy's third-largest bank Banco BPM on Thursday reported a better than expected first-quarter net profit and said it would set new targets to take into account the fallout from the coronavirus crisis.

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06 May UPDATE 1-New York governor extends eviction ban to protect those most vulnerable

Posted at 17:01h in News by KMFSLLP 0 Comments

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New York will extend a moratorium on evictions for non-payment of rent for another two months until August 20 to alleviate anxiety over the economic impact of the coronavirus pandemic, Governor Andrew Cuomo told a daily briefing on Thursday.

06 May Airbus deliveries plunge 80% in April

Posted at 16:56h in News by KMFSLLP 0 Comments

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Airbus deliveries tumbled 80% to just 14 aircraft in April, compared with a year earlier, as operations were hit by the coronavirus crisis, company data showed on Thursday.

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News

06 May UPDATE 3-Top U.S. shale producer sees oil price recovery continuing

06 May UPDATE 1-Fed’s Kashkari sees slow, piecemeal, and rocky recovery

06 May Black Britons four times more likely to die of virus than white peers, says ONS

06 May UPDATE 1-Market starts pricing for negative fed funds rate for first time

06 May Portugal widens social security support, simplifies some benefits

06 May Canada’s Brookfield plans to invest $5 billion in struggling retailers

06 May CORRECTED-UPDATE 2-Dan Loeb’s Far Point urges investors to scrap Global Blue buyout

06 May Banco BPM first-quarter profit lifted by trading gains, drops business plan

06 May UPDATE 1-New York governor extends eviction ban to protect those most vulnerable

06 May Airbus deliveries plunge 80% in April

KM Financial Solutions LLP

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