Posted at 18:43h
in
News
by KMFSLLP
* Banks had closed some prisoners' accounts, fearing
sanctions

...
Posted at 18:43h
in
News
by KMFSLLP
Brazilian cosmetics maker
Natura & Co Holding SA has seen some recovery at its
Asian and European operations as stores begin to gradually
reopen after coronavirus-related lockdowns, executives said on
Friday, adding the pandemic is likely to hit its Latin American
operations harder going forward.
Posted at 18:34h
in
News
by KMFSLLP
Virus-hit companies bailed out
by EU governments will face a ban on dividends, share buybacks
and bonuses for so long as the state holds a stake in them, the
European Commission said on Friday.
Posted at 18:09h
in
News
by KMFSLLP
Wirecard Chief
Executive Markus Braun apologised to shareholders on Friday as
the company announced a reshuffle of its management board and
appointed a new compliance officer, days after the hedge fund
TCI demanded Braun's removal.
Posted at 17:50h
in
News
by KMFSLLP
Real estate and investment firm Colony
Capital Inc said on Friday its portfolio companies had
defaulted on $3.2 billion of debt secured by hotels and
healthcare-related properties.

...
Posted at 17:44h
in
News
by KMFSLLP
Bitcoin is about to undergo a
scheduled technical adjustment as the number of new coins
awarded the computer wizards who "mine" the cryptocurrency will
be cut in half, but forecasting which way its price will move
afterward is more complicated now.

...
Posted at 17:41h
in
News
by KMFSLLP
The European Commission on
Friday adopted rules allowing EU governments to help virus-hit
companies by acquiring stakes in the firms, which will be
subjected to a ban on dividends, share buybacks, bonuses and
acquisitions.
Posted at 17:22h
in
News
by KMFSLLP
Shares of China's Kingsoft Cloud Holdings
Ltd jumped over 25% on its U.S. market debut, indicating
strong investor interest at a time when capital markets globally
have been roiled by an economic crisis from the COVID-19
pandemic.
Posted at 17:13h
in
News
by KMFSLLP
Wirecard on Friday
reshuffled its management board, including the appointment of a
new compliance officer, as the payments system provider faces
multiple regulatory probes into financial disclosure.

...
Posted at 17:02h
in
News
by KMFSLLP
The Bank of Portugal said on
Friday it had postponed a phased increase in capital buffers for
banks identified as "other systemically important institutions"
by one year to Jan. 1, 2022, as part of its response to the
coronavirus pandemic.