Posted at 12:53h
in
News
by KMFSLLP
Pandemic casts doubt over bloc’s moves to closer unity
...
Posted at 12:41h
in
News
by KMFSLLP
Wells Fargo & Co on Tuesday
reported a plunge in first-quarter profit as the U.S. bank set
aside billions of dollars to cover potential loan-losses from
the coronavirus pandemic.
...
Posted at 12:33h
in
News
by KMFSLLP
JPMorgan Chase & Co's profit
plunged by more than two-thirds in the first quarter as the
largest U.S. bank put aside nearly $7 billion in reserves to
protect it from a wave of potential loan defaults in the months
ahead.
Posted at 12:25h
in
News
by KMFSLLP
Apartment sales in Moscow
jumped by a nearly a third last month as Russians rushed to
protect their money as the rouble crashed, according to official
data.
...
Posted at 12:19h
in
News
by KMFSLLP
The administrators of troubled
hospital operator NMC Health have announced a new board
for the London-listed company, bringing in four non-executive
directors with international restructuring experience.
...
Posted at 12:16h
in
News
by KMFSLLP
South Africa will not
consider International Monetary Fund funding accompanied by a
structural adjustment programme as it battles to contain the
economic impact of the coronavirus pandemic, Finance Minister
Tito Mboweni said on Tuesday.
Posted at 12:12h
in
News
by KMFSLLP
Inflation in Russia is expected
to rise to the central bank's 4% target faster than initially
expected, the bank said in a report on Tuesday, as it prepares
for a rate-setting meeting next week.
Posted at 12:09h
in
News
by KMFSLLP
Wells Fargo & Co first-quarter
profit plunged as it set aside billions of dollars to cover
potential loan-losses from the coronavirus pandemic.
...
Posted at 11:59h
in
News
by KMFSLLP
Hedge funds accelerated their
repurchases of petroleum short positions last week as Saudi
Arabia, Russia and the United States made progress towards a
production-cutting agreement.
...
Posted at 11:57h
in
News
by KMFSLLP
Austrian insurer Uniqa
plans to pay just a third of its proposed dividend for
2019 and has scrapped its payout for this year, warning on
Tuesday it might make a pretax loss in 2020 because of the
coronavirus pandemic.