TBC Bank announced a series of contingency measures on Wednesday to try to offset the impact of the COVID-19 coronavirus on the company and its staff and customers including a “3-month grace period” for principle and interest payments.
The focus on Thursday will be on central banks and the reaction in financial markets to the European Central Bank's latest moves.
Grocers topped gains on the top-flight index amid indications of very strong demand in its stores as Britons made preparations for the coming lockdown.
Schools in the UK will shut from Friday until further notice to combat the coronavirus pandemic, the government said on Wednesday.
An initial assessment of the impact of COVID-19 on the global workforce by the International Labour Organization said the effects could lead to almost 25m job losses.
Stocks across the Continent succumbed to heavy selling pressure again as some observers fretted that a proposed US stimulus package might fall short, even while keeping an eye trained on longer-term government bond yields and the price of oil slid again.
Those aerospace firms with higher exposure to Defence and enjoying a "strong" cash position are at a lower risk of having to "review" their policies on dividend payouts, Credit Suisse said.
Those aerospace firms with higher exposure to Defence and enjoying a "strong" cash position were at a lower risk of having to "review" their policies on dividend payouts, Credit Suisse said.
Dart Group updated the market on its trading after markets closed on Wednesday, in the wake of “unprecedented and unforeseen” levels of travel restrictions being imposed by governments across Europe in response to the Covid-19 coronavirus pandemic.
London stocks maintained their negative distance with the previous session’s close through Wednesday afternoon, with a string of dividend suspensions on the back of the coronavirus giving investors little to smile about.
The Dow Jones Industrials was threatening to fall below the 20,000 point mark for the first time since 2017, on the back of steep falls in shares of aerospace giants Boeing and United Technologies, amid 'market chatter' of the possible need of a bail-out for the former.
Specialist pharmaceutical services company Ergomed announced on Wednesday the start of a study of ‘siltuximab’, an interleukin-6 targeted monoclonal antibody, for the treatment of patients with Covid-19 who had developed serious respiratory complications.
London - which has been hit the hardest by the coronavirus outbreak - looked set for a lockdown this week, with the government due to announce stricter measures in the coming days.
Self-storage company Safestore said on Wednesday that it had not yet seen any "noticeable" impact from the Covid-19 outbreak on its key trading performance indicators.
Pennon is planning the sale of its recycling and waste business Viridor to Planets UK Bidco Limited for £4. 2bn.
Andrew Bailey, the new governor of the Bank of England, has called for calm during the growing coronavirus crisis, insisting that firms should think twice before laying off staff.
Analysts at Canaccord Genuity stuck to their 'buy' recommendation for shares of enterprise software maker Sage, telling clients they didn't need to be as worried about its sales as with other companies, because approximately 90% of those were recurring.
LPA Group said its current trading was in line with expectations on Wednesday, and it had not as yet experienced “any undue impact” from the Covid-19 coronavirus pandemic.
Motif Bio updated the market on its corporate developments on Wednesday, having been reclassified as an AIM rule 15 cash shell.
The government would bring forward emergency legislation to protect private renters from eviction if they fell ill with the coronavirus, Prime Minister Boris Johnson said on Wednesday.
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