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News

08 Mar UPDATE 1-Romania shuts schools, halts Italy flights to ward off virus

Posted at 18:45h in News by KMFSLLP 0 Comments

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* Millions of children barred from school until March 22 (Adds PM, detail)

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08 Mar UK and EU set to table competing draft trade deals

Posted at 18:43h in News by KMFSLLP 0 Comments

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Gove says full treaty text ready next week despite differences with Brussels

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08 Mar UPDATE 1-U.S. to warn shippers against storing Iranian oil- State Dept official

Posted at 18:31h in News by KMFSLLP 0 Comments

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The Trump administration will soon issue advisories warning shippers, port officials and insurance companies against the practice of storing Iranian oil and avoiding U.S. sanctions on Iran, a senior State Department official said on Monday.

08 Mar U.S. bank shares slammed as virus, plunging oil amp up economic fears

Posted at 18:28h in News by KMFSLLP 0 Comments

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Shares of U.S. banks sharply underperformed the broader stock market on Monday as investors bet tumbling interest rates would crush bank profits and worried about rising credit costs in the face of an economy spooked by coronavirus and plunging oil prices.

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08 Mar UPDATE 6-Aon buys Willis for $30 bln in world’s largest insurance deal

Posted at 18:25h in News by KMFSLLP 0 Comments

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Aon Plc said on Monday it would buy Willis Towers Watson Plc for nearly $30 billion, in an all-stock deal which will make it the world's biggest insurance broker and give it more pricing power, but also attract regulatory scrutiny.

08 Mar UPDATE 2-GKSD Investment walks away from offer for NMC Health

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

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* Trading in NMC shares remain suspended (Adds NMC's comment, background)

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08 Mar White House invites Wall St executives for coronavirus meeting -source

Posted at 18:14h in News by KMFSLLP 0 Comments

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The Trump administration has invited top Wall Street executives to meet at the White House on Wednesday to discuss the coronavirus, a person familiar with the plan said on Monday as stocks dropped amid concerns over the growing outbreak.

08 Mar UPDATE 2-U.S. shale producers rush to cut spending, output as oil prices tank

Posted at 17:58h in News by KMFSLLP 0 Comments

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U.S. shale producers on Monday rushed to deepen spending cuts and reduce future production as oil prices tumbled after OPEC's decision to pump full bore into a global market hit by shrinking demand due to the coronavirus outbreak.

08 Mar Norway’s central bank prepared to act to help economy if necessary

Posted at 17:55h in News by KMFSLLP 0 Comments

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The Norwegian central bank is prepared to take measures to aid the economy if necessary, central bank governor Oeystein Olsen said in an emailed statement to Reuters on Monday.

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08 Mar Emaar halts bookings at three Dubai hotels as coronavirus hits demand

Posted at 17:53h in News by KMFSLLP 0 Comments

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Emaar Properties' hospitality division will stop taking bookings at three hotels in Dubai for more than five months from March 15, a company document seen by Reuters said, in a sign of the coronavirus impact on travel demand.

News

08 Mar UPDATE 1-Romania shuts schools, halts Italy flights to ward off virus

08 Mar UK and EU set to table competing draft trade deals

08 Mar UPDATE 1-U.S. to warn shippers against storing Iranian oil- State Dept official

08 Mar U.S. bank shares slammed as virus, plunging oil amp up economic fears

08 Mar UPDATE 6-Aon buys Willis for $30 bln in world’s largest insurance deal

08 Mar UPDATE 2-GKSD Investment walks away from offer for NMC Health

08 Mar White House invites Wall St executives for coronavirus meeting -source

08 Mar UPDATE 2-U.S. shale producers rush to cut spending, output as oil prices tank

08 Mar Norway’s central bank prepared to act to help economy if necessary

08 Mar Emaar halts bookings at three Dubai hotels as coronavirus hits demand

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