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News

02 Jun Starmer escalates attack on Johnson over handling of virus crisis

Posted at 15:30h in News by KMFSLLP 0 Comments

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Labour leader accuses UK prime minister of ignoring letter to forge consensus on schools’ reopening

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02 Jun Boris Johnson creates new teams to oversee coronavirus recovery

Posted at 15:03h in News by KMFSLLP 0 Comments

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Two committees formed as ministers fear cabinet has been sidelined during pandemic

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02 Jun UPDATE 3-HSBC exec signs petition backing China security law for Hong Kong

Posted at 14:37h in News by KMFSLLP 0 Comments

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HSBC's top executive in Asia has signed a petition backing China’s imposition of a national security law on Hong Kong, an online bank post said on Wednesday, breaking years of political neutrality for the UK-based, Asia-focused lender.

02 Jun Spain’s property transactions slump 40% in April amid lockdown

Posted at 14:16h in News by KMFSLLP 0 Comments

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The number of property sales registered in Spain dropped by more than 40% year-on-year in April, the first full month under one of Europe's toughest coronavirus lockdowns, the General Council of Notaries said on Wednesday.

02 Jun UPDATE 2-France’s AXA spurns EU regulators’ plea to halt dividends

Posted at 14:12h in News by KMFSLLP 0 Comments

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French insurer AXA said on Wednesday it would pay a 2019 dividend to shareholders, ignoring calls from EU regulators to pause the payments and conserve cash to better weather the coronavirus outbreak.

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02 Jun UPDATE 3-Warner Music strikes a chord in $1.9 bln U.S. IPO

Posted at 13:59h in News by KMFSLLP 0 Comments

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Warner Music Group Corp said on Wednesday it raised $1.93 billion in the biggest U.S. initial public offering (IPO) so far in 2020, with the world's third-largest recording label selling more shares than originally planned.

02 Jun UK business activity declines further in May

Posted at 13:52h in News by KMFSLLP 0 Comments

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Fall not as bad as April’s record decline but any improvement is unlikely in the medium term

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02 Jun UPDATE 2-Magnitude 6.8 earthquake hits northern Chile, copper mines say unaffected

Posted at 13:44h in News by KMFSLLP 0 Comments

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A magnitude 6.8 earthquake struck in the mine-heavy northern Chile early on Wednesday, monitoring groups confirmed, though mining companies told Reuters their operations were not impacted.

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02 Jun Brazil services PMI 27.6 in May, inches up from record low – IHS Markit

Posted at 13:41h in News by KMFSLLP 0 Comments

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Economic activity in Brazil contracted significantly in May although not quite at the record pace seen the month before, a survey of purchasing managers' activity showed on Wednesday, as the COVID-19 outbreak kept commerce in a deep freeze.

02 Jun European lobbyists off the starting blocks in new tax race

Posted at 13:39h in News by KMFSLLP 0 Comments

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The European Union's pitch for more taxes to repay coronavirus stimulus spending made corporate hackles raise, with lobbyists saying that new burdens would risk undercutting economic recovery from the pandemic.

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News

02 Jun Starmer escalates attack on Johnson over handling of virus crisis

02 Jun Boris Johnson creates new teams to oversee coronavirus recovery

02 Jun UPDATE 3-HSBC exec signs petition backing China security law for Hong Kong

02 Jun Spain’s property transactions slump 40% in April amid lockdown

02 Jun UPDATE 2-France’s AXA spurns EU regulators’ plea to halt dividends

02 Jun UPDATE 3-Warner Music strikes a chord in $1.9 bln U.S. IPO

02 Jun UK business activity declines further in May

02 Jun UPDATE 2-Magnitude 6.8 earthquake hits northern Chile, copper mines say unaffected

02 Jun Brazil services PMI 27.6 in May, inches up from record low – IHS Markit

02 Jun European lobbyists off the starting blocks in new tax race

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