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Author: KMFSLLP

28 Apr U.S. pending home sales fall sharply in March

Posted at 14:00h in News by KMFSLLP 0 Comments

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Contracts to purchase previously owned homes declined sharply in March as the coronavirus outbreak kept would-be buyers away, National Association of Realtors data showed on Wednesday.

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28 Apr Small businesses locked out of government grant scheme

Posted at 13:58h in News by KMFSLLP 0 Comments

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English companies with shared offices excluded from coronavirus rescue package

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28 Apr UPDATE 1-British Airways to drive job cuts with cabin crew overhaul -memo

Posted at 13:54h in News by KMFSLLP 0 Comments

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British Airways is planning a major overhaul of its cabin crew that will "significantly reduce" their numbers, an internal memo circulated on Wednesday showed, after parent IAG moved to cut as many as 12,000 of the airline's 42,000 staff.

28 Apr UPDATE 3-Nio shares surge after it secures $1 billion investment

Posted at 13:50h in News by KMFSLLP 0 Comments

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Nio Inc's shares jumped more than 14% on Wednesday after it said it had secured a 7 billion yuan ($989 million) investment in Nio China, a new entity controlled by the Chinese electric vehicle maker.

28 Apr WRAPUP 2-Fed likely to renew pledge to use all tools to brace economy

Posted at 13:43h in News by KMFSLLP 0 Comments

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* Fed chief Powell to speak in videoconference (Adds release of first-quarter GDP)

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28 Apr UPDATE 3-Lebanon’s Salameh sees no need for deposits haircut, dismisses PM’s rebuke

Posted at 13:37h in News by KMFSLLP 0 Comments

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* $20.9 billion remains in usable liquidity - governor (Adds MP response to Salameh speech)

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28 Apr Canadian banks expected to tighten home equity access as aid measures wind down

Posted at 13:30h in News by KMFSLLP 0 Comments

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Canadian banks are expected to tighten access to home equity lines of credit (HELOCs) when coronavirus-linked government assistance programs end in a few months, as lenders seek to limit credit to already-stretched borrowers, industry watchers said.

28 Apr UPDATE 2-South African retailer Edcon to file for bankruptcy protection

Posted at 13:24h in News by KMFSLLP 0 Comments

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* $108 mln in lost sales since virus outbreak in South Africa

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28 Apr British Airways cabin crew overhaul to drive redundancies – document

Posted at 13:23h in News by KMFSLLP 0 Comments

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British Airways is planning a major overhaul of its cabin crew that will "significantly reduce" their numbers, according to an internal memo circulated on Wednesday, after parent IAG moved to cut as many as 12,000 of the airline's 42,000 staff.

28 Apr UPDATE 1-Mastercard says spending stabilizing as profit beats estimates

Posted at 13:11h in News by KMFSLLP 0 Comments

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Mastercard Inc reported better-than-expected first-quarter earnings and the payment processor said it has started seeing early signs of spending levels stabilizing, even as the novel coronavirus outbreak wreaked havoc on consumer spending.

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Author: KMFSLLP

28 Apr U.S. pending home sales fall sharply in March

28 Apr Small businesses locked out of government grant scheme

28 Apr UPDATE 1-British Airways to drive job cuts with cabin crew overhaul -memo

28 Apr UPDATE 3-Nio shares surge after it secures $1 billion investment

28 Apr WRAPUP 2-Fed likely to renew pledge to use all tools to brace economy

28 Apr UPDATE 3-Lebanon’s Salameh sees no need for deposits haircut, dismisses PM’s rebuke

28 Apr Canadian banks expected to tighten home equity access as aid measures wind down

28 Apr UPDATE 2-South African retailer Edcon to file for bankruptcy protection

28 Apr British Airways cabin crew overhaul to drive redundancies – document

28 Apr UPDATE 1-Mastercard says spending stabilizing as profit beats estimates

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