Singapore banks may see worst-case hit of 14-18% on revenue over consumer loan relief: Jefferies

SINGAPORE (THE BUSINESS TIMES) – In a worst-case scenario, Singapore banks may see a 14 to 18 per cent hit to their revenue in 2020 following the latest coronavirus relief measures for consumers, said Jefferies Research in a report on Wednesday (April 1). The Monetary Authority of Singapore (MAS) on Tuesday announced measures that showed how financial institutions should allow […]

Read more

New Zealand waits to see if lockdown working, as virus cases stay low

WELLINGTON (Reuters) – New Zealand on Wednesday reported 61 new cases of the coronavirus, but said it was too early to assess if the lower number of cases this week meant the nationwide lockdown measures were working. The country was placed into a complete lockdown last Thursday, and a national emergency was declared, to beat the local transmission of COVID-19. […]

Read more

‘Stay home’: B.C. man’s plea after mother, stepfather die of COVID-19 hours apart

A respected Vancouver photographer is pleading with people to take the novel coronavirus more seriously, after COVID-19 claimed his mother and stepfather’s lives just hours apart. “All these stories, all these moments, and now it humanizes everything that’s going on. It’s no joke,” Jason Jaspar told Global News. “It’s something that is not going to go away until people realize […]

Read more

Family, friends remember Nobleford man found dead north of Edmonton

Family members and colleagues are remembering an Alberta man and his uncle after both were found shot dead north of Edmonton Saturday morning. Thirty-nine-year-old Jacob Sansom — known as Jake to family and friends — was a firefighter with the Nobleford Fire Department and his death comes as an unexpected shock to his loved ones. “As this big, tall, kind […]

Read more

Dubai to support Emirates airline, halts tourist market to fight coronavirus

DUBAI (Reuters) – Dubai said on Tuesday it would help its state-run Emirates airline mitigate the financial blow from the coronavirus outbreak as authorities enforced a full lockdown on a district famous for gold and spice markets. The United Arab Emirates, the Gulf region’s tourism and business hub which includes Dubai, has taken measures including temporarily halting passenger flights and […]

Read more

UPDATE 1-Honeywell borrows $6 bln to boost liquidity in coronavirus fight

(Adds details on loan, background) March 31 (Reuters) – Honeywell International Inc said on Tuesday it had entered into a $6 billion loan agreement to bolster liquidity as the fast-spreading coronavirus pandemic wreaks havoc on the global economy. The industrial conglomerate said it entered the two-year delayed draw term loan agreement to maximize financial flexibility in the event that current […]

Read more
1 360 361 362 363 364 380