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News

24 Mar BBC suspends job cuts to focus on coronavirus

Posted at 17:54h in News by KMFSLLP 0 Comments

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Reform plan to save £40m on ice as broadcaster plays central role in reporting epidemic

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24 Mar GRAPHIC-When will virus-hit markets heal? 12 charts to monitor

Posted at 17:42h in News by KMFSLLP 0 Comments

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Assessing the longer-term financial impact of the coronavirus spread worldwide now hinges on the success of lockdowns in containing the pandemic and trillions of dollar of support in easing the burden, thereby limiting the duration of the deep freeze and hastening any rebound.

24 Mar UPDATE 2-Pharmacies set policies to stop U.S. hoarding of potential coronavirus treatments

Posted at 17:40h in News by KMFSLLP 0 Comments

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Pharmacies CVS Health and Express Scripts, part of Cigna Corp, are setting up measures to prevent hoarding in the United States of malaria drug hydroxychloroquine and other treatments that are being tried against the new coronavirus.

24 Mar UPDATE 3-European shares end whipsaw session higher as stimulus hopes persist

Posted at 17:26h in News by KMFSLLP 0 Comments

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* Sharp swings in STOXX 600 last seen during 2008 financial crisis

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24 Mar Canadian banks could be harder hit in coming recession than during 2008 crisis

Posted at 17:22h in News by KMFSLLP 0 Comments

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Investors and analysts are bracing for Canadian banks to be hit harder than they were during the global financial crisis despite stronger balance sheets, as a rapid drop in interest rates and a spike in unemployment pose challenges not seen in decades.

24 Mar UPDATE 2-Coronavirus exposes U.S. Uber, Lyft drivers’ lack of safety net

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

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As independent contractors, U.S. ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours.

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24 Mar UPDATE 1-Brazilian malls stocks jump amid spat over rental payments during coronavirus lockdowns

Posted at 17:15h in News by KMFSLLP 0 Comments

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Shares in Brazilian mall operators were trading sharply higher, erasing earlier losses on Wednesday, amid a spat with shopkeepers over rental payments during a coronavirus lockdown that has closed 550 out of 577 malls across the country.

24 Mar UPDATE 3-Swiss government, central bank toss cash at coronavirus-hit companies

Posted at 17:11h in News by KMFSLLP 0 Comments

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* Companies can get state-backed loans, some at zero interest

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24 Mar UPDATE 2-Nigerian army prepares for coronavirus lockdown, mass burials

Posted at 17:11h in News by KMFSLLP 0 Comments

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The Nigerian Army is preparing to forcibly transfer the sick to hospital and enforce curbs on movement to try to shield the country from coronavirus, and is leasing equipment for "possible mass burial", according to an army memo seen by Reuters.

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24 Mar Investors look to 2008 for guidance on when to jump back in

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

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Investment banks are dusting off models from the 2008 financial crisis to gauge the right time to buy back into stock markets that have plunged 30% from their February record highs because of the coronvirus crisis.

News

24 Mar BBC suspends job cuts to focus on coronavirus

24 Mar GRAPHIC-When will virus-hit markets heal? 12 charts to monitor

24 Mar UPDATE 2-Pharmacies set policies to stop U.S. hoarding of potential coronavirus treatments

24 Mar UPDATE 3-European shares end whipsaw session higher as stimulus hopes persist

24 Mar Canadian banks could be harder hit in coming recession than during 2008 crisis

24 Mar UPDATE 2-Coronavirus exposes U.S. Uber, Lyft drivers’ lack of safety net

24 Mar UPDATE 1-Brazilian malls stocks jump amid spat over rental payments during coronavirus lockdowns

24 Mar UPDATE 3-Swiss government, central bank toss cash at coronavirus-hit companies

24 Mar UPDATE 2-Nigerian army prepares for coronavirus lockdown, mass burials

24 Mar Investors look to 2008 for guidance on when to jump back in

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