Posted at 14:41h
in
News
by KMFSLLP
Unemployment payments jumped
to at least $16.2 billion in April, up more than five-fold from
February, as layoffs attributed to the coronavirus pandemic
swept through the economy.
...
Posted at 14:32h
in
News
by KMFSLLP
Morgan Stanley's Chief
Executive Officer James Gorman told shareholders at its annual
meeting on Thursday that it is too early for him or the board of
directors to consider reinstating bank's share buy back program.
Posted at 14:05h
in
News
by KMFSLLP
The U.S. unemployment rate is
likely to get worse before it gets better, and it is difficult
to know what the economic recovery will look like, New York
Federal Reserve Bank President John Williams said Thursday.
Posted at 14:01h
in
News
by KMFSLLP
* Group's profit drops 16.8% for full yr ended March
(Adds interview details)
...
Posted at 14:00h
in
News
by KMFSLLP
U.S. home sales logged their
biggest drop in nearly 10 years in April as the novel
coronavirus pandemic upended the labor market and broader
economy, undercutting demand for housing.
...
Posted at 13:58h
in
News
by KMFSLLP
Kenya's biggest bank by assets,
KCB Group, has restructured more than 110 billion
shillings ($1 billion) of its loans to customers and up to a
quarter of its book could be affected by mid-June, its chief
executive told Reuters.
Posted at 13:41h
in
News
by KMFSLLP
* Ruling party wants state lender to buy Milan bourse from
LSE
...
Posted at 13:32h
in
News
by KMFSLLP
* Diab calls for U.S. and EU to set up emergency fund
(Adds trader comments, parallel market price, context)
...
Posted at 13:07h
in
News
by KMFSLLP
* Shares fall 3.1%
(Recasts with quotes from conference call)
...
Posted at 13:02h
in
News
by KMFSLLP
UK prime minister will not face criminal investigation into friendship with US entrepreneur
...
