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Author: KMFSLLP

26 May U.S. economic activity fell sharply due to coronavirus disruptions, Fed says

Posted at 18:12h in News by KMFSLLP 0 Comments

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Economic activity declined sharply across the United States over the past several weeks, according to a Federal Reserve report released on Wednesday, reflecting the disruptions caused by the coronavirus pandemic.

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26 May Huawei CFO loses key aspect of U.S. extradition case in Canada court

Posted at 18:01h in News by KMFSLLP 0 Comments

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Huawei Technologies Co Ltd's Chief Financial Officer Meng Wanzhou has lost a key aspect of the trial on her extradition to the United States, a Canadian court announced on Wednesday.

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26 May Canada housing market may start recovery from virus impact by mid-2021 – CMHC

Posted at 17:50h in News by KMFSLLP 0 Comments

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Canadian housing starts, sales and prices are expected to start to recover by mid-2021 as the coronavirus pandemic recedes, but the precise timing and duration of that rebound is highly uncertain, Canada's national housing agency said on Wednesday.

26 May UPDATE 1-Bank of England’s Bailey sees risk of “longer and harder” recovery

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

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Britain's economy is at risk of taking longer to recover from the impact of the coronavirus than in the main scenario published by the Bank of England earlier this month, Governor Andrew Bailey said on Wednesday.