Author Archives: Syndicated Content
HSBC HK shareholders mull legal action over dividend suspension
By Sumeet Chatterjee and Felix Tam HONG KONG (Reuters) - HSBC shareholders in Hong Kong are considering calling for an extraordinary meeting with management and taking possible legal action against th...
Apr 06, 2020
EU clears 50 billion pound UK ‘umbrella’ scheme to support economy
BRUSSELS (Reuters) - The European Commission said on Monday it had approved a 50 billion pound ($61.5 billion) British "umbrella" scheme to support companies affected by coronavirus outbreak. The appr...
Apr 06, 2020
Euro zone investor morale hits all-time low on coronavirus – Sentix
BERLIN (Reuters) - Investor morale in the euro zone fell to an all-time low in April and the bloc's economy is in deep recession due to the coronavirus, which is "holding the world economy in a strang...
Apr 06, 2020
Insurers warns on forced payouts for uncovered coronavirus losses
LONDON (Reuters) - The Global Federation of Insurance Associations on Monday warned the world's governments of the danger of forcing insurers to pay out for losses suffered due to the coronavirus even...
Apr 06, 2020
UK car sector slashes 2020 sales forecast by 23% due to coronavirus
LONDON (Reuters) - A group representing Britain's car industry cut its sales forecast for this year by 23% to 1.73 million vehicles because of the impact of the coronavirus crisis. The figure represen...
Apr 06, 2020
Merkel aide: Chancellor’s plans not to run for fifth term haven’t changed
BERLIN (Reuters) - Angela Merkel's chief of staff told German broadcasters RTL/n-tv on Monday that he did not think the chancellor's plans not to run for a fifth term in office had changed after Bild ...
Apr 06, 2020
Dubai’s Emaar suspends construction projects due to virus – sources
By Hadeel Al Sayegh and Alexander Cornwell DUBAI (Reuters) - Emaar Properties , the largest listed developer in the United Arab Emirates, has suspended work on major projects in Dubai, sources familia...
Apr 06, 2020
Czechs report slowest daily rise in coronavirus cases
PRAGUE (Reuters) - The Czech Republic reported its slowest daily percentage rise in confirmed coronavirus cases on Monday, as the country entered fourth week of restrictions on business and movement. ...
Apr 06, 2020
Jabeur mulls swapping rackets for dancing shoes in lockdown
MUMBAI (Reuters) - Tunisian trailblazer Ons Jabeur is holed up in New York due to the coronavirus pandemic and says she is contemplating taking up dancing to remain fit as the tennis world finds innov...
Apr 06, 2020
Coronavirus turmoil spurs UK bond fund outflows – Calastone
By Simon Jessop LONDON (Reuters) - UK-based bond funds saw outflows of 3.7 billion pounds ($4.54 billion) in March as the coronavirus pandemic spurred a rush to cash, data from the fund transaction ne...
Apr 06, 2020
