Posted at 17:21h
in
News
by KMFSLLP
Britain's banks have enough
funds to keep lending to the economy even under the deep
recession scenario outlined by a government watchdog, Bank of
England Deputy Governor Sam Woods said on Wednesday.

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Posted at 17:15h
in
News
by KMFSLLP
Brazil's Economy
Ministry is talking with banks about providing bailouts to
sectors such as airlines, automakers, power companies and large
retailers to help them survive the coronavirus crisis, three
sources with knowledge of the matter said on Wednesday.
Posted at 17:15h
in
News
by KMFSLLP
Portugal's coronavirus curve
has flattened but the good news is still not enough for the
country to lift lockdown measures and reopen its
tourism-dependent, export-oriented economy, government ministers
said on Wednesday.

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Posted at 17:15h
in
News
by KMFSLLP
Third of UK small businesses reported so low on cash they cannot survive longer than 2 more weeks
...
Posted at 16:47h
in
News
by KMFSLLP
International Monetary Fund
Managing Director Kristalina Georgieva said on Wednesday the
Fund was deploying all its resources and was looking to triple
its concessional financing for the poorest countries to over $18
billion.

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Posted at 16:46h
in
News
by KMFSLLP
Warren Buffett's Berkshire
Hathaway Inc agreed to take Occidental Petroleum Corp
common shares in lieu of a first-quarter cash dividend,
helping relieve the strain on the oil giant's balance sheet.

...
Posted at 16:44h
in
News
by KMFSLLP
* IMF seeking extra $18 bln to address poverty, growth
(Adds details)

...
Posted at 16:44h
in
News
by KMFSLLP
The Centers for Medicare and Medicaid
Services said on Wednesday it would nearly double Medicare
reimbursements for certain COVID-19 lab tests in a bid to
bolster testing in the United States.

...
Posted at 16:44h
in
News
by KMFSLLP
Russia enjoyed strong demand
for its government bonds on Wednesday as central bank data
showed that major Russian banks and foreign investors could help
Moscow raise funds to finance its response to the coronavirus
outbreak.
Posted at 16:40h
in
News
by KMFSLLP
Michel Barnier and David Frost finalise dates for virtual negotiating rounds
...