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News

16 Mar UK hospitality industry faces ‘existential crisis’ over coronavirus

Posted at 11:06h in News by KMFSLLP 0 Comments

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Insurance industry warns that ‘vast majority of firms’ won’t be covered for Covid-19

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16 Mar France could nationalise big companies if necessary – finance minister

Posted at 09:15h in News by KMFSLLP 0 Comments

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The French government is prepared to use all means to support big companies suffering in financial market turmoil, including nationalisation if necessary, the finance minister said on Tuesday.

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16 Mar UPDATE 1-Mexico central bank staffer tests positive for coronavirus

Posted at 08:59h in News by KMFSLLP 0 Comments

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A high ranking member of staff of Mexico's central bank has tested positive for the coronavirus, after attending a convention last week that was also attended by the president, finance minister and hundreds of senior bankers.

16 Mar UPDATE 1-Indonesia’s Gojek closed $1.2 bln funding last week -internal memo

Posted at 08:35h in News by KMFSLLP 0 Comments

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Indonesian ride-hailing and payments firm Gojek closed an additional $1.2 billion of funding last week, according to an internal memo reviewed by Reuters.

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16 Mar UPDATE 1-France, Italy, Spain curb trading to contain sell-off

Posted at 08:35h in News by KMFSLLP 0 Comments

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France, Italy and Spain are introducing curbs on stock market trading on Tuesday, banning short-selling to shield some of Europe's biggest companies from a sell-off triggered by the coronavirus.

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16 Mar Santander expects no coronavirus impact on its Q1 business

Posted at 08:34h in News by KMFSLLP 0 Comments

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Spain's Santander said on Tuesday it does not expect "any relevant impact" from the coronavirus epidemic on its business in the first quarter though it expects a hit on its annual results.

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16 Mar In slums and windowless apartments, Asia’s poor bear brunt of coronavirus

Posted at 08:26h in News by KMFSLLP 0 Comments

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BANGKOK, March 17 (Thomson Reuters Foundation) - Millions of homeless people and those living in informal settlements across Asia are at heightened risk of contracting the coronavirus due to their dire living conditions, housing experts said on Tuesday.

16 Mar European shares attempt recovery from 2012 lows

Posted at 08:15h in News by KMFSLLP 0 Comments

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European shares rose on Tuesday, following a sharp sell-off in the previous session triggered by panic over the hold that the coronavirus has over Europe and the resulting damage to business activity and company finances globally.