Full List Of Stories
Watkin Jones scraps dividend as virus disrupts operations
Watkin Jones has scrapped its interim dividend and withdrawn financial guidance after the Covid-19 virus disrupted the student accommodation specialist.
Market recovery will unravel, investor Howard Marks warns
The recent global market recovery will unwind as the impact of Covid-19 increases, the economy slumps into recession and corporate defaults rise, a prominent distressed debt investor has warned.
Investors urged to waive limits on fundraisings during crisis
Investors should consider waiving limits on equity fundraisings to help companies through the coronavirus crisis, an influential industry group recommended.
RBC upgrades IHG in 'good time' to buy hotels
Royal Bank of Canada upgraded InterContinental Hotels (IHG) to 'outperform' and said now looks a good time to buy hotels.
China manufacturing stabilises in March
Chinese manufacturing stabilised in March after a record plunge caused by the coronavirus crisis, a survey showed.
Eurozone manufacturing plunges as Covid-19 takes toll
Manufacturing output in the eurozone shrank at the fastest pace since the 2009 global recession as the coronavirus crisis forced factories to close.
Finablr makes Bhairav Trivedi CEO as CFO quits
Finablr appointed Bhairav Trivedi as its chief executive and announced the departure of its finance chief in the latest upheaval at the embattled owner of Travelex.
Auto Trader raises funds, cuts board pay in Covid-19 measures
Auto Trader announced a share placing equal to 5% of its share capital and reductions to directors' pay to strengthen its finances during the Covid-19 crisis.
HSBC scraps dividends at BoE's request
HSBC has cancelled its fourth-quarter dividend and agreed not to pay dividends or buy back shares in 2020 after the Bank of England told the bank to conserve capital during the Covid-19 crisis.
Lloyds scraps dividends in Covid-19 measure
Lloyds Banking Group has scrapped its final 2019 dividend and agreed not to make shareholder payouts or buy back shares in 2020 at the request of the Bank of England to preserve capital in the Covid-19 crisis.