Posted at 00:00h
in
News
by KMFSLLP
The spread of the deadly
coronavirus has upended industrial metal markets, with many
plunging to multi-year lows and volatility spiking across the
board.
...
Posted at 23:30h
in
News
by KMFSLLP
The U.S.
economy is set for a deep slide in coming months with the
coronavirus forcing businesses to shut and putting millions out
of work, but Federal Reserve policymakers are also warning of a
slugging recovery once the pandemic subsides.
"Because of the shock of this...
Posted at 23:27h
in
News
by KMFSLLP
Saudi Arabia's sovereign wealth fund,
the Public Investment Fund (PIF), has accumulated stakes worth
about $1 billion in four major European oil companies, the Wall
Street Journal reported on Wednesday, citing people familiar
with the matter.
Posted at 23:12h
in
News
by KMFSLLP
BlackRock Inc, the world's
largest asset manager, will not layoff any employees during the
year due to the coronavirus outbreak, Chief Executive Officer
Larry Fink said on Wednesday.
...
Posted at 23:04h
in
News
by KMFSLLP
Zoom Video Communications Inc has
tapped former Facebook security chief Alex Stamos as an adviser
as safety and privacy concerns about its fast-growing
video-conferencing app drive a global backlash against the
company.
...
Posted at 23:01h
in
News
by KMFSLLP
UK-listed companies could cancel
about $60 billion in dividend payments this year following
Britain's lockdown and calls from regulators to preserve cash
during the coronavirus crisis, according to a report by
analytics company Link Group.
Posted at 23:00h
in
News
by KMFSLLP
Three days after India
imposed a nationwide lockdown, Devender Singh revved up his
motorcycle to deliver meat and eggs to customers - but his heart
was in his mouth as he closed in on a police barricade on a
deserted New Delhi road.
Posted at 22:40h
in
News
by KMFSLLP
Libya's internationally
recognised prime minister Fayez al-Serraj on Wednesday said
Central Bank of Libya governor Sadiq al-Kabir was to blame for
the recent non-payment of salaries to state workers and the
non-issuance of letters of credit.
Posted at 22:32h
in
News
by KMFSLLP
Australian shares are set to open higher
on Thursday tracking Wall Street gains as hopes of a peak in the
coronavirus outbreak in the U.S. bolstered sentiment, with
strength in oil futures and iron ore prices likely to benefit
index heavyweights.
The local share price index...
Posted at 22:26h
in
News
by KMFSLLP
Vital Kamerhe, the chief of
staff to the president of Democratic Republic of Congo, was
arrested on Wednesday after testifying in an investigation into
the alleged misappropriation of public funds, police said.
...
