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News

28 Apr Simon Wiesenthal Center sues Chubb to ensure coronavirus insurance coverage

Posted at 16:39h in News by KMFSLLP 0 Comments

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A prominent Los Angeles nonprofit that advocates for human rights and fights anti-Semitism sued Chubb Ltd on Wednesday to ensure it will obtain insurance coverage after being forced to close because of the COVID-19 pandemic.

28 Apr UPDATE 2-European shares rise on COVID-19 drug hopes, upbeat outlook from corporates

Posted at 16:38h in News by KMFSLLP 0 Comments

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* Analysts expect STOXX EPS to decline 40% in Q2 - Refinitiv (Updates price to close)

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28 Apr UPDATE 3-Anthem sees more people opting for govt plans as coronavirus hammers job market

Posted at 16:33h in News by KMFSLLP 0 Comments

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Anthem Inc said on Wednesday that the COVID-19 pandemic could trigger a big shift in business mix and push more people into Medicaid or Obamacare health plans from employer-sponsored ones due to job losses across industries.

28 Apr Children reimagine cities with paper and glue amid coronavirus lockdowns

Posted at 16:26h in News by KMFSLLP 0 Comments

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LONDON, April 29 (Thomson Reuters Foundation) - From "fantastical skyscrapers" to sprawling green spaces, children are creating their own cities while under lockdown, using designs from a renowned British architecture studio.

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28 Apr UK manufacturing down to lowest capacity utilisation rate on record

Posted at 16:26h in News by KMFSLLP 0 Comments

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Confidence in services sector also slumps to record low raising spectre of spike in job losses

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28 Apr Wall Street uniform to get a new accessory – the face mask

Posted at 16:24h in News by KMFSLLP 0 Comments

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Face masks, temperature checks and packaged sandwiches could all become part of the daily routine for bankers as their employers work out how to get them safely back into the office.

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28 Apr UPDATE 2-Kenya’s central bank cuts benchmark lending rate again

Posted at 16:23h in News by KMFSLLP 0 Comments

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Kenya's central bank cut its benchmark lending rate again on Wednesday, to 7.0% from 7.25%, saying measures to tackle the impact of the coronavirus were having an effect but it needed to do more due to the adverse economic outlook.

28 Apr CORRECTED-JetBlue, Delta seek U.S. OK to suspend flights to 25 U.S. airports

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

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Delta Air Lines, JetBlue Airways Corp and Spirit Airlines on Tuesday asked the U.S. Transportation Department for approval to suspend flights to more than two dozen U.S. airports.

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28 Apr UPDATE 2-Big crude oil fund had $726 mln in unrealized losses before April

Posted at 16:06h in News by KMFSLLP 0 Comments

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The United States Oil Fund was sitting on more than $700 million in unrealized losses at the end of March, several weeks before the market fully grasped the outsized role it would play in this month's unprecedented collapse in the price of front-month oil contracts.

28 Apr UPDATE 1-AIB CEO says Irish banks working to extend loan breaks

Posted at 16:05h in News by KMFSLLP 0 Comments

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* Sees material impact on mortgage volumes in 2020 (Adds details, quotes)

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News

28 Apr Simon Wiesenthal Center sues Chubb to ensure coronavirus insurance coverage

28 Apr UPDATE 2-European shares rise on COVID-19 drug hopes, upbeat outlook from corporates

28 Apr UPDATE 3-Anthem sees more people opting for govt plans as coronavirus hammers job market

28 Apr Children reimagine cities with paper and glue amid coronavirus lockdowns

28 Apr UK manufacturing down to lowest capacity utilisation rate on record

28 Apr Wall Street uniform to get a new accessory – the face mask

28 Apr UPDATE 2-Kenya’s central bank cuts benchmark lending rate again

28 Apr CORRECTED-JetBlue, Delta seek U.S. OK to suspend flights to 25 U.S. airports

28 Apr UPDATE 2-Big crude oil fund had $726 mln in unrealized losses before April

28 Apr UPDATE 1-AIB CEO says Irish banks working to extend loan breaks

KM Financial Solutions LLP

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