Author Archives: Syndicated Content
Funds in record $235 billion rush to cash in past week amid virus panic: BofA
LONDON (Reuters) - Investors rushed into cash and out of bonds at a record pace over the past week as the coronavirus pandemic caused mayhem across global markets, BofA's weekly fund flow data showed ...
Mar 27, 2020
Hedge fund launches at lowest since 2008 in fourth-quarter: HFR
LONDON (Reuters) - New hedge fund launches fell in the fourth quarter of 2019 to their lowest level since 2008, at 89 globally, according to data from industry tracker Hedge Fund Research (HFR). A tot...
Mar 27, 2020
Iran's death toll from coronavirus rises to 2,378: Health Ministry
DUBAI (Reuters) - Iran's death toll from the coronavirus pandemic rose to 2,378 on Friday, with 144 people dying in the past 24 hours, Health Ministry spokesman Kianoush Jahanpour said. The total numb...
Mar 27, 2020
India's Tata Motors to separate passenger vehicles division
BENGALURU (Reuters) - Indian automaker Tata Motors Ltd said on Friday it would spin out its passenger vehicles business into a separate unit within the company, as a coronavirus pandemic disrupts prod...
Mar 27, 2020
Russia's 2020 satellite launch programme hit by production halt: Roscosmos
MOSCOW (Reuters) - Russia's space agency Roscosmos said on Friday it would have to adjust its 2020 launch programme because of a halt in satellite production in Europe, amid the coronavirus outbreak. ...
Mar 27, 2020
Futures fall after strong three-day rally as virus threat continues
By Uday Sampath Kumar (Reuters) - U.S. stock index futures fell on Friday, a day after the S&P 500 and Dow posted their best three-day run since the 1930s, as the United States faced the prospect of b...
Mar 27, 2020
Paris hospitals will be swamped within 48 hours after coronavirus spike: official
PARIS (Reuters) - A spike in coronavirus patients means hospitals in and around Paris will reach saturation point within 48 hours, the head of the French Hospital Federation said on Friday, with the p...
Mar 27, 2020
Morgan Stanley receives approval for majority stake in China venture: sources
BEIJING/HONG KONG (Reuters) - Morgan Stanley has received regulatory approval to take a majority stake in its China securities joint venture, people with knowledge of the matter said, as Beijing opens...
Mar 27, 2020
Russia shuts state hotels, resorts as coronavirus cases rise past 1,000
MOSCOW (Reuters) - Russia ordered its vast network of state-run hotels, resorts and recreational facilities to shut down from March 28 until June 1, as its number of confirmed coronavirus cases rose p...
Mar 27, 2020
ECB tells banks to be prudent on dividends, avoid capital hole later
FRANKFURT (Reuters) - Euro zone banks struggling with the consequences of the coronavirus outbreak should be prudent when deciding whether to pay a dividend so as to avoid needing fresh capital later,...
Mar 27, 2020
