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British oil major BP Plc <BP.L> has raised $11.9 billion (£9.5 billion) in debt through an issue of hybrid bonds in multiple currencies, a spokeswoman told Reuters in an emailed statement, as the company seeks to take advantage of low interest rates to fortify its balance...
Global stocks drifted on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic.
* Bad debts could hit 10% as coronavirus knocks economy - BASA
Austrian short-haul budget carrier Level Europe plans to file for insolvency, it said on Thursday, becoming the latest airline casualty of the coronavirus crisis despite the financial might of parent IAG <ICAG.L>.
Mining companies in Zambia, Africa's No.2 copper producer, have suffered a 30% drop in revenue over the three months to April due to the COVID-19 pandemic and the fallout could last for at least 12 months, the Chamber of Mines said on Thursday.
Level Europe, an Austrian low-cost short-haul airline which is part of the parent group of British Airways, IAG, said in a statement on Thursday that it intends to file for insolvency.
The Swiss National Bank's policy of negative interest rates and currency interventions has nothing to do with currency manipulation to benefit Switzerland, Chairman Thomas Jordan said on Thursday.
福利网站The Swiss National Bank needs to keep its expansive monetary policy in place, Chairman Thomas Jordan said on Thursday, pointing to the economic damage caused by the coronavirus pandemic and lowered inflation forecasts.
* Cut three times since COVID-19 lockdown begun in March (Adds analysts, detail, bullet points)
Equities and currencies in the developing world were muted on Thursday as support from sustained stimulus measures to revive economic growth was countered by a resurgence in COVID-19 cases.
A second wave of infections in the United States and China threatens to undermine the equity market rally, with U.S. and European stock futures in the red and risky currencies such as the Australian dollar struggling.
福利网站Britain will keep pushing for a global solution on taxing international digital companies such as Google <GOOG.O> and Facebook Inc <FB.O> after the United States left negotiations, a spokesman for the British Treasury said on Thursday.
Asian stocks and Wall Street futures fell on Thursday as spiking coronavirus cases in some U.S. states and in China dented hopes of a quick global economic comeback from the pandemic.
Most Japanese government bond (JGB) prices rebounded on Thursday, taking their cues from firmer U.S. Treasuries in Asian trading and weaker global stocks amid fears of a fresh wave of coronavirus infections.
Economic and financial conditions for the Swiss banking sector have deteriorated markedly due to the COVID-19 pandemic, the Swiss National Bank said on Thursday, but big banks UBS <UBSG.S> and Credit Suisse <CSGN.S> are favourably placed to manage challenges.
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Economic and financial conditions for the Swiss banking sector have deteriorated markedly as the COVID-19 pandemic roiled markets and halted economic activity, the Swiss National Bank said on Thursday, but big banks UBS and Credit Suisse are favourably placed to manage challenges...
* S&P 500 futures, MSCI ex-Japan Asia shares down more than 1%
Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.
福利网站Brazil's central bank cut its benchmark interest rate by 75 basis points to a record low of 2.25% on Wednesday, as expected, and said there was some room left for further monetary stimulus to support an economy ravaged by the coronavirus pandemic.