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03 Mar US STOCKS-Wall St jumps after Biden’s Super Tuesday surge

Posted at 15:19h in News by KMFSLLP 0 Comments

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* Indexes up: Dow 1.72%, S&P 1.26%, Nasdaq 1.02% (Updates to open)

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03 Mar India pushes state banks to boost lending as coronavirus fears grow – sources

Posted at 15:16h in News by KMFSLLP 0 Comments

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India is pushing state-run banks to approve new loans amounting to 500-600 billion rupees ($6.8-8.2 billion) by the end of March, according to two government sources, as authorities seek to shore up a stuttering economy as the coronavirus spreads.

03 Mar Companies hit by virus will need support, says incoming BoE governor

Posted at 15:14h in News by KMFSLLP 0 Comments

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Andrew Bailey says small businesses likely to require bridging finance to deal with fallout

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03 Mar UPDATE 3-Shopping centre owner Intu fails to secure vital funding

Posted at 14:56h in News by KMFSLLP 0 Comments

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* Shares fall nearly 40% to record low (Adds insolvency expert comments, details on debt, valuation)

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03 Mar US senators urge UK to scrap role for Huawei in 5G network

Posted at 14:52h in News by KMFSLLP 0 Comments

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Cross-party group highlights ‘security, privacy, and economic threats’ in letter to MPs

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03 Mar UK workers to receive sick pay from first day of coronavirus isolation

Posted at 14:47h in News by KMFSLLP 0 Comments

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Boris Johnson announces change as number of confirmed UK cases jumps to 87

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03 Mar IMF chief says virus spread will hold 2020 global growth below last year

Posted at 14:47h in News by KMFSLLP 0 Comments

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The continued spread of the coronavirus will push 2020 global growth below last year's levels, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday, adding that the IMF will again revise its forecasts downward in the coming weeks.

03 Mar Next BoE governor Bailey tells UK firms to expect coronavirus help

Posted at 14:46h in News by KMFSLLP 0 Comments

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Andrew Bailey, the next governor of the Bank of England, said on Wednesday that financial support would probably have to be provided for companies hit by disruption caused by the coronavirus outbreak.

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03 Mar UK seeks to convince EU to talk financial services

Posted at 14:36h in News by KMFSLLP 0 Comments

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EU is wary of opening any back door to negotiations over how ‘equivalence’ might work

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03 Mar Company audit delays due to coronavirus possible – UK watchdog

Posted at 14:28h in News by KMFSLLP 0 Comments

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Britain's accounting watchdog would deal pragmatically and sympathetically with requests to delay company audits due to the coronavirus epidemic, it said on Wednesday.

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News

03 Mar US STOCKS-Wall St jumps after Biden’s Super Tuesday surge

03 Mar India pushes state banks to boost lending as coronavirus fears grow – sources

03 Mar Companies hit by virus will need support, says incoming BoE governor

03 Mar UPDATE 3-Shopping centre owner Intu fails to secure vital funding

03 Mar US senators urge UK to scrap role for Huawei in 5G network

03 Mar UK workers to receive sick pay from first day of coronavirus isolation

03 Mar IMF chief says virus spread will hold 2020 global growth below last year

03 Mar Next BoE governor Bailey tells UK firms to expect coronavirus help

03 Mar UK seeks to convince EU to talk financial services

03 Mar Company audit delays due to coronavirus possible – UK watchdog

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