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News

29 Apr Coronavirus death rate far higher for black Caribbean people

Posted at 23:07h in News by KMFSLLP 0 Comments

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Data reinforce concerns that Covid-19 has exposed inequalities between ethnic groups

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29 Apr FEATURE-‘Emergency’ for millions as coronavirus severs remittance lifeline

Posted at 23:00h in News by KMFSLLP 0 Comments

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ROME/AMMAN, May 1 (Thomson Reuters Foundation) - When Fathy called his family back home in Egypt a week ago, they asked him to send money, as he had for the past year. But he had none, having lost his job as a car painter in the United Arab...

29 Apr Molina Healthcare to buy Magellan Complete Care for about $820 million

Posted at 22:42h in News by KMFSLLP 0 Comments

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Molina Healthcare Inc would buy Magellan Complete Care, Magellan Health Inc's unit that provides managed-care health plans, for about $820 million, the healthcare insurer said https://reut.rs/2KNshrl on Thursday.

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29 Apr UPDATE 2-Visa withdraws annual outlook amid virus outbreak

Posted at 22:32h in News by KMFSLLP 0 Comments

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Visa Inc on Thursday decided to pull its full-year outlook on rising unemployment numbers and more people conserving cash during the COVID-19 pandemic even while posting a second-quarter profit that rose 4%.

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29 Apr Australia shares poised to skid at open, NZ rises

Posted at 22:25h in News by KMFSLLP 0 Comments

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Australian shares were set to tumble on Friday, tracking a broad sell-off on Wall Street overnight amid profit-taking and as dismal U.S. unemployment data again highlighted the economic pain from the coronavirus pandemic. The local share price index futures ...

29 Apr UPDATE 1-Fed’s balance sheet at $6.7 trln, but growth pace down sharply

Posted at 22:22h in News by KMFSLLP 0 Comments

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The Federal Reserve's balance sheet increased to a record $6.70 trillion this week, but the pace of expansion slowed dramatically as key credit markets have calmed since a firestorm of volatility sparked by the coronavirus pandemic drove the central bank to take emergency measures last month.

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29 Apr In bare-knuckle negotiations, Exxon slants view of pandemic to suit its aims

Posted at 21:56h in News by KMFSLLP 0 Comments

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Exxon Mobil Corp is using the coronavirus to increase its leverage in labor and real estate negotiations by alternately doomsaying and dismissing the pandemic's consequences, labor sources and lawyers dealing with the company said.

29 Apr UPDATE 1-Bank of Canada says it has not forgotten about financial vulnerabilities

Posted at 21:53h in News by KMFSLLP 0 Comments

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The Bank of Canada has not forgotten about financial vulnerabilities as it responds to the coronavirus pandemic and low oil prices, Governor Stephen Poloz said on Thursday, noting the central bank's balance sheet had tripled.

29 Apr UPDATE 1-Fed broadens access to ‘PPP’ facility beyond banks

Posted at 21:37h in News by KMFSLLP 0 Comments

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The Federal Reserve expanded access to a small business lending program beyond banks on Thursday, allowing a broader set of institutions to participate.

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29 Apr Fed broadens access to ‘PPP’ facility beyond banks

Posted at 21:34h in News by KMFSLLP 0 Comments

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The Federal Reserve expanded access to a small business lending program beyond banks on Thursday, allowing a broader set of institutions to participate.

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News

29 Apr Coronavirus death rate far higher for black Caribbean people

29 Apr FEATURE-‘Emergency’ for millions as coronavirus severs remittance lifeline

29 Apr Molina Healthcare to buy Magellan Complete Care for about $820 million

29 Apr UPDATE 2-Visa withdraws annual outlook amid virus outbreak

29 Apr Australia shares poised to skid at open, NZ rises

29 Apr UPDATE 1-Fed’s balance sheet at $6.7 trln, but growth pace down sharply

29 Apr In bare-knuckle negotiations, Exxon slants view of pandemic to suit its aims

29 Apr UPDATE 1-Bank of Canada says it has not forgotten about financial vulnerabilities

29 Apr UPDATE 1-Fed broadens access to ‘PPP’ facility beyond banks

29 Apr Fed broadens access to ‘PPP’ facility beyond banks

KM Financial Solutions LLP

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