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News

23 Mar Sunak warns airlines they will receive only ‘bespoke’ help

Posted at 16:53h in News by KMFSLLP 0 Comments

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Cash-strapped industry urged to explore all other funding avenues first

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23 Mar Treat all workers fairly to aid the Covid-19 battle

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

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People with insecure incomes have to make choices that undermine government measures

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23 Mar Virus may have infected half of UK, says Oxford study

Posted at 16:19h in News by KMFSLLP 0 Comments

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New epidemiological model suggests the vast majority of people suffer little or no illness

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23 Mar U.N. chief calls for boosting resources for IMF, coordinated fiscal stimulus

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

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U.N. chief Antonio Guterres called on Monday for more resources to be dedicated to the International Monetary Fund in a letter to the Group of 20 (G20) major economies seen by Reuters.

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23 Mar U.S. lawmakers nearing deal for $32 billion aviation sector bailout

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

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U.S. lawmakers are nearing agreement on a package of grants for passenger and cargo airlines and contractors worth $32 billion as part of a massive U.S. stimulus and rescue package amid the massive travel demand falloff because of the coronavirus outbreak, three people briefed on the matter said.

23 Mar Money fund turmoil spotlights New Jersey portfolio’s ‘shadow price’

Posted at 16:04h in News by KMFSLLP 0 Comments

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A New Jersey municipal money-market fund run by BNY Mellon Corp is still paying investors $1.00 a share, even though the mark-to-market price of the fund recently dropped to $0.9968 per share, analysts said on Tuesday.

23 Mar UPDATE 2-Swedish banks re-evaluating 2019 dividends after regulator’s coronavirus warning

Posted at 15:58h in News by KMFSLLP 0 Comments

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Two of Sweden's top banks, SEB and Handelsbanken, said on Tuesday they were evaluating their proposed dividends for 2019, after Sweden's financial watchdog called for the shareholder payouts to be cancelled due to the coronavirus outbreak.

23 Mar UK audit watchdog offers virus-hit companies more breathing space

Posted at 15:57h in News by KMFSLLP 0 Comments

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Britain's listed companies should not press ahead with a requirement to tender out their audit work in current markets, the Financial Reporting Council said on Tuesday.

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23 Mar UPDATE 1-Britain’s Lloyds Banking Group halts 780 planned job cuts-union

Posted at 15:51h in News by KMFSLLP 0 Comments

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Lloyds Banking Group has halted plans to cut around 780 jobs and suspended all union negotiations for fresh layoffs in view of the unfolding coronavirus pandemic, employee union Accord said on Tuesday.