Posted at 15:32h
in
News
by KMFSLLP
Sales of new U.S.
single-family homes fell in February after surging in the prior
month, and could decline further because of the coronavirus
pandemic which is boosting unemployment and severely disrupting
economic activity.
...
Posted at 15:29h
in
News
by KMFSLLP
The Spanish government approved
on Tuesday a burden-sharing scheme for banks as part of
state-backed credit lines to help companies limit the impact of
the coronavirus outbreak and released an initial tranche of 20
billion euros ($21.6 billion).
Posted at 15:28h
in
News
by KMFSLLP
Italian Economy Minister Roberto
Gualtieri said on Tuesday that the euro zone's bailout fund, the
European Stability Mechanism, should be used to help economies
hit by the coronavirus crisis, with no strings attached.
Posted at 15:27h
in
News
by KMFSLLP
G7 finance ministers and central bank governors on Tuesday pledged to expand fiscal and monetary actions for as long as necessary to restore growth and confidence battered by the coronavirus pandemic.
Posted at 15:18h
in
News
by KMFSLLP
Lloyds Banking Group
has halted plans to cut around 780 jobs in view of the unfolding
coronavirus epidemic, a source familiar with the matter said on
Tuesday.
...
Posted at 15:08h
in
News
by KMFSLLP
Citigroup Inc will temporarily
close up to 15% of its U.S. branches in light of reduced foot
traffic amid the coronavirus outbreak, a spokesman told Reuters.
...
Posted at 15:05h
in
News
by KMFSLLP
Wild swings in asset prices
have thrown a spotlight on liquidity in corners of the $4.4
trillion market for U.S. exchange-traded funds, which have
played a key role for investors in Wall Street's
coronavirus-fueled sell-off.
Posted at 15:04h
in
News
by KMFSLLP
Clothes and household goods shops will be hard hit by coronavirus lockdown
...
Posted at 15:04h
in
News
by KMFSLLP
Italian Economy Minister Roberto
Gualteri said on Tuesday the country's economy would shrink
sharply in the first half of this year due to the coronavirus
crisis.
...
Posted at 15:03h
in
News
by KMFSLLP
* Intu will lower service charges for tenants
(Adds comments from Landsec and Intu)
...
