Posted at 06:37h
in
News
by KMFSLLP
France's economic downturn is
easing as the country emerges from a lockdown imposed in mid
March, although activity remains mired at levels far below
normal, the central bank said on Tuesday.
...
Posted at 06:35h
in
News
by KMFSLLP
* Dingdong Maicai raises $300 million in fresh funding
-sources
...
Posted at 06:34h
in
News
by KMFSLLP
* Shares indicated 3.6% lower pre-market
(Recasts, adds shares, trader)
...
Posted at 06:22h
in
News
by KMFSLLP
Property developer Land Securities
on Tuesday reported a big annual pretax loss as
coronavirus-driven shutdowns forced tenants to default on rent
payments, and more stores closed amid an already failing retail
market.
...
Posted at 06:07h
in
News
by KMFSLLP
Norway will sharply raise spending
this year from its trillion-dollar sovereign wealth fund, the
government said on Tuesday, exceeding a self-imposed cap for the
first time in over a decade to aid an economy reeling from the
novel coronavirus crisis.
Posted at 06:04h
in
News
by KMFSLLP
Lebanese government officials
held talks with IMF officials on Monday, the Lebanese newspaper
al-Joumhouria reported, following Beirut's official request for
assistance from the Fund earlier this month.
...
Posted at 05:49h
in
News
by KMFSLLP
German software company
TeamViewer on Tuesday reported a 75% jump in billings
in the first quarter as people around the world working from
home due to the coronavirus pandemic adopted its remote
connectivity services.
Posted at 05:45h
in
News
by KMFSLLP
Saudi Aramco said on
Tuesday its planned acquisition of a 70% equity stake in
petrochemical maker SABIC from the Public Investment
Fund (PIF), the kingdom's wealth fund, is on track to close in
the second quarter.
Posted at 05:23h
in
News
by KMFSLLP
* Insurer has withdrawn guidance for full year
(Updates with details, context)
...
Posted at 05:06h
in
News
by KMFSLLP
German insurer Allianz
on Tuesday said it posted a 29% fall in net profit in
the first quarter from a year earlier, as the coronavirus
outbreak slows business.
...