Posted at 10:59h
in
News
by KMFSLLP
* Pound rises after announcement, gilts slip
(Updates with BoE news conference)
...
Posted at 10:47h
in
News
by KMFSLLP
Philippine shares reversed course to end
higher on Thursday on hopes the country would soon ease its
coronavirus-driven restrictions, while Thailand stocks fell on
gloomy outlook for its economy.
The Philippine benchmark gained 0.3%, recovering from
a 0.7% fall earlier in the session after
Posted at 10:45h
in
News
by KMFSLLP
The European Commission said on
Thursday it is considering creating a new authority to police
financial crime and monitor banks more strictly, confirming a
Reuters report.
...
Posted at 10:35h
in
News
by KMFSLLP
PayPal Holdings Inc said it
expects a strong recovery in payments volumes in the second
quarter as social distancing drives more people to shop online,
even as lockdowns start to ease, sending its shares up 8% in
extended trading.
Posted at 10:33h
in
News
by KMFSLLP
Norway's central bank cut its key
interest rate on Thursday to a record-low zero percent from
0.25% in a surprise move, seeking to cushion an economy reeling
from the COVID-19 pandemic.
...
Posted at 10:30h
in
News
by KMFSLLP
Czech banks have so far granted
310,000 payment deferrals on loans worth 170 billion crowns
($6.77 billion), providing relief to borrowers hurt by the
coronavirus outbreak, the Czech Banking Association said on
Thursday.
Posted at 10:25h
in
News
by KMFSLLP
Blank-check company Far Point Acquisition
Corp said on Thursday its board recommended against the
$2.6 billion deal to buy shopping tax refund firm Global Blue,
after the latter flagged a hit from COVID-19.
Posted at 10:22h
in
News
by KMFSLLP
* Targets 6.2 bln stg of annual synergies in five years
(Adds reaction, industry context, updates shares)
...
Posted at 10:16h
in
News
by KMFSLLP
Italy's state-owned bank Monte dei
Paschi di Siena posted a 244 million euro ($263
million) loss in the first quarter after writing down loans due
to the economic fallout from the pandemic.
...
Posted at 09:00h
in
News
by KMFSLLP
U.S. health insurer UnitedHealth
Group Inc said on Thursday it plans to spend $1.5
billion on its customers in part by issuing credits against some
commercial health insurance premiums in June due to the new
coronavirus pandemic.