Apr 30th, 2020viaReuters UK - Financial Services News
Australian business borrowing surged by the most in three decades in March as firms stockpiled cash to see them through a widespread economic lockdown that is only now being eased slightly in some states.
World stock markets surged on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared.
The British car industry faces losing output worth more than 8 billion pounds due to the coronavirus outbreak, which cut production in March by a third, falling to its lowest level since 2009, an industry body said on Thursday.
Universities in Northern Ireland face multi-million-pound losses due to the coronavirus pandemic. Queen's University (QUB) could face up losses of up to £80m in a worst case scenario.
Britain plans to test a randomly chosen group of 100,000 people for COVID-19 as part of its efforts to understand infection rates better before loosening restrictions on the public, its health ministry said on Thursday.
The Trump administration is planning to speed up development of a coronavirus vaccine with the goal of having 100 million doses ready by the end of 2020, a senior administration official said on Wednesday.
South Africa reported another 354 cases of the coronavirus on Wednesday, the most new cases recorded in one day and bringing the total in the country to 5,350, the health department said in a tweet.
Yemeni authorities reported multiple coronavirus infections for the first time on Wednesday after the United Nations said it feared the disease could be spreading undetected in a country where millions face famine and lack medical care.
It is now a consolidated practice to gather at the end of the year and in a single law decree the extensions of all regulatory deadlines (the so-called Decreto Milleproroghe), concerning a variety of subjects. This practice, introduced in 2001, was endorsed by the Constitutional Court in February 2012, and may now be considered a true - although debated - Italian tradition.
Global legal business DWF have advised Damian Webb and Gordon Thomson of RSM Restructuring Advisory, the administrators of BM Retail Limited, on the sale of high street retailer Bonmarché.
On 13 January 2021, the European Securities and Markets Authority (the "ESMA") issued a public statement to remind firms of Directive (EU) 2014/65 (the "MiFID II") rules on "reverse solicitation" in the context of the exit of the United Kingdom from the European Union (the so-called "Brexit").
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