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11 May Beat the heat? India struggles to keep cool during lockdown

Posted at 14:04h in News by KMFSLLP 0 Comments

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NEW DELHI, May 12 (Thomson Reuters Foundation) - With little access to air conditioners or parks during the coronavirus lockdown, India's poor - from farmers to slum-dwellers - could face deadly threats from heat waves this summer, climate and disaster management experts have warned.

11 May Coronavirus could hit banks hard, EU warns

Posted at 14:03h in News by KMFSLLP 0 Comments

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Euro zone lenders could take a sizeable hit from the coronavirus outbreak as an economic slowdown puts strain on borrowers, European officials have told the bloc's governments in a recent report.

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11 May Italian brand Valentino appoints former Gucci exec as CEO

Posted at 13:59h in News by KMFSLLP 0 Comments

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Former Gucci executive Jacopo Venturini has been appointed as the new chief executive of Italian luxury brand Valentino starting from June, the group said on Tuesday.

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11 May Fed’s Kaplan says he opposes using negative interest rates

Posted at 13:50h in News by KMFSLLP 0 Comments

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Dallas Federal Reserve Bank President Robert Kaplan on Tuesday became the latest U.S. central banker to unequivocally reject negative interest rates as a monetary policy tool.

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11 May UPDATE 1-Morgan Stanley pays $5 mln fine to settle SEC charges it misled investing clients

Posted at 13:47h in News by KMFSLLP 0 Comments

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A unit of Morgan Stanley agreed to pay a $5 million fine to settle U.S. Securities and Exchange Commission charges it misled retail investing clients about the costs of a "wrap fee" program, the regulator said on Tuesday.

11 May UPDATE 2-German watchdog investigates payments company Wirecard

Posted at 13:45h in News by KMFSLLP 0 Comments

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Germany's financial watchdog BaFin said on Tuesday it was conducting multiple investigations into Wirecard, sending its shares lower and adding to pressure over allegations it has denied.

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11 May S.African firms get 5 years to repay coronavirus support loans

Posted at 13:45h in News by KMFSLLP 0 Comments

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South Africa's small and medium-sized businesses will have five years to repay loans taken out under a government scheme to help cope with the coronavirus crisis, the treasury said on Tuesday, announcing keenly-awaited details of the plan.

11 May Britons give Boris Johnson benefit of the doubt in virus emergency

Posted at 12:40h in News by KMFSLLP 0 Comments

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As criticisms intensify, a harder UK line on Brexit will follow

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11 May Sunak to extend UK furlough scheme until end of October

Posted at 12:21h in News by KMFSLLP 0 Comments

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Chancellor will ask employers to contribute to huge job-retention programme

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11 May Britain on the move even before Johnson eased lockdown, data show

Posted at 12:16h in News by KMFSLLP 0 Comments

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Research by University College London shows activity has been picking up since start of May

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News

11 May Beat the heat? India struggles to keep cool during lockdown

11 May Coronavirus could hit banks hard, EU warns

11 May Italian brand Valentino appoints former Gucci exec as CEO

11 May Fed’s Kaplan says he opposes using negative interest rates

11 May UPDATE 1-Morgan Stanley pays $5 mln fine to settle SEC charges it misled investing clients

11 May UPDATE 2-German watchdog investigates payments company Wirecard

11 May S.African firms get 5 years to repay coronavirus support loans

11 May Britons give Boris Johnson benefit of the doubt in virus emergency

11 May Sunak to extend UK furlough scheme until end of October

11 May Britain on the move even before Johnson eased lockdown, data show

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