Author Archives: Syndicated Content
Swiss bank UBS sticks to 2019 dividend, market supervisor has urged restraint
ZURICH (Reuters) - UBS Group is maintaining its previously announced dividend for 2019, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA to reconsider payouts to sharehold...
Mar 30, 2020
Mortgage securities rebound as Fed starts buying, concerns persist
By Herbert Lash NEW YORK (Reuters) - Mortgage-related shares rose and volatility dropped on Friday, a sign moves by the Federal Reserve had some positive effect on liquidity and coronavirus-related pa...
Mar 30, 2020
Oil crash puts Africa's cash-strapped producers in peril
By Libby George LAGOS (Reuters) - Collapsing oil prices have left African producers facing not only lost revenue when they most need it to tackle coronavirus, but also a fall in hard-won market share ...
Mar 30, 2020
Number of coronavirus cases in Germany rises to 57,298: RKI
BERLIN (Reuters) - The number of confirmed cases of coronavirus in Germany has risen to 57,298 and 455 people have died of the disease here, statistics from the Robert Koch Institute (RKI) for infecti...
Mar 30, 2020
Thailand reports 136 new coronavirus cases, bringing total to 1,524
BANGKOK (Reuters) - Thailand saw 136 new coronavirus cases on Monday, raising the total number of infections to 1,524, said the spokesman of the government's Center for COVID-19 Situation Administrati...
Mar 30, 2020
China unexpectedly cuts reverse repo rate by most in five years to support virus-hit economy
SHANGHAI (Reuters) - China's central bank unexpectedly cut the rate on reverse repurchase agreements by 20 basis points on Monday, the largest in nearly five years, as authorities ramped up steps to r...
Mar 30, 2020
U.S. stimulus package is biggest ever, but may not be big enough
By Lawrence Delevingne and Howard Schneider BOSTON/WASHINGTON (Reuters) - The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial ...
Mar 30, 2020
Sanofi, Regeneron expand testing of potential coronavirus treatment
(Reuters) - Sanofi and Regeneron Pharmaceuticals Inc have expanded a clinical trial of their rheumatoid arthritis drug Kevzara as a coronavirus treatment to patients outside the United States. The com...
Mar 30, 2020
ABB warns about coronaravirus impact on sales and profit
ZURICH (Reuters) - ABB became the latest company to warn about the impact of the coronavirus on its profits, with the Swiss engineering group on Monday saying all of its businesses would suffer in the...
Mar 30, 2020
Bananas, baseball and headaches - counting the cost of Tokyo's Olympic delay
By Naomi Tajitsu and Sam Nussey TOKYO (Reuters) - Japan's Olympic delay has upended years of careful planning by organizers and spawned costly headaches for small businesses, hotels and even pro baseb...
Mar 29, 2020
