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Author: KMFSLLP

09 Apr UK government wrestles with wider effects of lockdown

Posted at 18:32h in News by KMFSLLP 0 Comments

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One model suggests the restrictions may cause thousands of extra deaths

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09 Apr Coronavirus: after the lockdown

Posted at 17:51h in News by KMFSLLP 0 Comments

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Governments are beginning to discuss ways to reopen economies but massive investments and difficult choices lie ahead

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09 Apr French insurers in talks to jointly invest 1 bln euros to help small businesses during coronavirus

Posted at 17:03h in News by KMFSLLP 0 Comments

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French insurers are in discussions to invest 1 billion euros ($1.09 billion) into funds dedicated to help small and mid-sized firms and health companies recover from the impact of the coronavirus epidemic, the chief executive of CNP Assurances told Reuters on Friday.

09 Apr UPDATE 1-Italian insurer Generali confirms staggered dividend payout

Posted at 16:39h in News by KMFSLLP 0 Comments

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Italy's biggest insurer Generali on Friday said it would pay its 2019 dividend in two tranches, confirming a total payout of 0.96 euros per share, citing its strong capital position.

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09 Apr UK private clinics still able to source Covid-19 tests

Posted at 16:13h in News by KMFSLLP 0 Comments

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Diagnostic kits on sale for up to £375 each despite government complaints of shortages

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09 Apr What London’s park users can learn from Swiss herdsmen

Posted at 15:51h in News by KMFSLLP 0 Comments

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Just as up an Alp there is finite grass for cattle, so there is a limit to how full a park can be

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09 Apr Italy’s banks fail to get wider virus support measures for already struggling firms

Posted at 15:32h in News by KMFSLLP 0 Comments

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Italy has rebuffed calls to widely include businesses who were already struggling to repay their debt in its latest coronavirus economic aid package, two officials who worked on the measures said, leaving lenders to face rising loan losses.

09 Apr UPDATE 1-U.S. mortgage industry braces for more strain as support talks stall

Posted at 15:26h in News by KMFSLLP 0 Comments

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* Industry says Fed facility only way to avoid meltdown (Adds comment from economist)

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09 Apr UPDATE 1-Russian cenbank to consider rate cut as economy set to contract

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

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The Russian central bank will consider an interest rate cut among other options at its April 24 board meeting as the economy is set to contract this year, Governor Elvira Nabiullina said on Friday.

09 Apr UPDATE 2-Russian finance ministry buys 50% of Sberbank from central bank

Posted at 15:08h in News by KMFSLLP 0 Comments

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Russia's Finance Ministry has completed the purchase of a controlling stake in Sberbank , the country's largest lender, from the central bank for 2.14 trillion roubles ($28.31 billion).

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Author: KMFSLLP

09 Apr UK government wrestles with wider effects of lockdown

09 Apr Coronavirus: after the lockdown

09 Apr French insurers in talks to jointly invest 1 bln euros to help small businesses during coronavirus

09 Apr UPDATE 1-Italian insurer Generali confirms staggered dividend payout

09 Apr UK private clinics still able to source Covid-19 tests

09 Apr What London’s park users can learn from Swiss herdsmen

09 Apr Italy’s banks fail to get wider virus support measures for already struggling firms

09 Apr UPDATE 1-U.S. mortgage industry braces for more strain as support talks stall

09 Apr UPDATE 1-Russian cenbank to consider rate cut as economy set to contract

09 Apr UPDATE 2-Russian finance ministry buys 50% of Sberbank from central bank

KM Financial Solutions LLP

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