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News

22 Mar UPDATE 2-Russian tycoon buys 49% of Elga coal project, talks to Mechel on 51%

Posted at 17:18h in News by KMFSLLP 0 Comments

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* Avdolyan is still in talks to buy 51% stake in Elga from Mechel

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22 Mar Santander to hold AGM in Madrid without shareholder participation in person

Posted at 17:10h in News by KMFSLLP 0 Comments

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Spain's Santander on Monday said it will hold its annual shareholders' meeting at its Madrid headquarters instead of in the northern port city of Santander, without guests attending in person, as part of its measures to protect stakeholders against the spread of the coronavirus.

22 Mar Citigroup to give some employees $1000 as coronavirus spreads

Posted at 17:09h in News by KMFSLLP 0 Comments

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Citigroup Inc will provide more than 75,000 employees globally with a special compensation award to help ease the financial burden of the coronavirus pandemic, Chief Executive Michael Corbat told staff in a memo seen by Reuters.

22 Mar Tax office allays fears of virus-stranded UK expatriates

Posted at 17:05h in News by KMFSLLP 0 Comments

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HMRC cites special treatment for those who face impairing non-residence tax status

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22 Mar Polish banks limit foreign currency withdrawals due to coronavirus

Posted at 17:04h in News by KMFSLLP 0 Comments

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Polish banks have had to limit foreign currency withdrawals for customers in recent days due to cash shortages because of coronavirus-related transport curbs, but most problems are being resolved, bank lobby head Krzysztof Pietraszkiewicz said on Monday.

22 Mar Boris Johnson’s agenda is over

Posted at 17:02h in News by KMFSLLP 0 Comments

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Voters will not tolerate another NHS winter flu crisis with too few medical staff

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22 Mar UPDATE 4-U.S. Fed aims ‘bazooka’ to backstop coronavirus-hit economy

Posted at 16:57h in News by KMFSLLP 0 Comments

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The U.S. Federal Reserve on Monday rolled out an extraordinary array of programs to backstop an economy reeling from sweeping restrictions on people and businesses that scientists say are needed to limit the spread of the coronavirus.

22 Mar UPDATE 3-Germany launches 750 bln euro package to fight coronavirus

Posted at 16:57h in News by KMFSLLP 0 Comments

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* Government to raise new debt for first time since 2013 (Adds analyst, debt ratio)

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22 Mar Britain’s path on coronavirus

Posted at 16:55h in News by KMFSLLP 0 Comments

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Maverick strategy attracts criticism, then Boris Johnson executes a U-turn

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22 Mar UPDATE 2-Brazil’s central bank to flood lenders with fresh liquidity

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

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Brazil's central bank on Monday said it planned to inject 1.2 trillion reais ($233.81 billion) into the country's financial system to counteract the effects of the coronavirus outbreak, with more than half that amount comprising loans to banks.

News

22 Mar UPDATE 2-Russian tycoon buys 49% of Elga coal project, talks to Mechel on 51%

22 Mar Santander to hold AGM in Madrid without shareholder participation in person

22 Mar Citigroup to give some employees $1000 as coronavirus spreads

22 Mar Tax office allays fears of virus-stranded UK expatriates

22 Mar Polish banks limit foreign currency withdrawals due to coronavirus

22 Mar Boris Johnson’s agenda is over

22 Mar UPDATE 4-U.S. Fed aims ‘bazooka’ to backstop coronavirus-hit economy

22 Mar UPDATE 3-Germany launches 750 bln euro package to fight coronavirus

22 Mar Britain’s path on coronavirus

22 Mar UPDATE 2-Brazil’s central bank to flood lenders with fresh liquidity

KM Financial Solutions LLP

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