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Total among companies seeking force majeure on EDF contracts: sources

Energy major Total is among several power suppliers that tried to declare force majeure on buying nuclear power from EDF, sources said, as the coronavirus outbreak has pushed prices in the French electricity market far below existing contracts.



4 years ago

HSBC Hong Kong shareholders mull legal action over dividend suspension

HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against its decision to scrap dividend payments.



4 years ago

Safaricom, Vodacom finalise M-Pesa acquisition from Britain's Vodafone

Kenya's leading telecom firm Safaricom and South Africa's Vodacom said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from Britain's Vodafone .



4 years ago

Central banker bulletin: COVID-19 cash concerns to drive digital currency

Ledger Insights | April 6, 2020 A bulletin from the Bank for International Settlements (BIS), the body owned by 62 central banks, highlights cash concerns because of the COVID-19 virus. It states that perceived risks, valid or not, brings the potential for digital payments to the fore. And the BIS specifically makes a case for Central Bank

4 years ago

Marco Rubio expects the Senate to pass at least one more coronavirus relief bill

"The appetite is there," Rubio said in a CNBC "Squawk Box" interview. "I think everyone I've talked to recognizes we're going to have to go back and do more, and probably more than once."

4 years ago

CVS ramps up drive-through coronavirus testing sites with faster kits

CVS Health Corp , called on by the Trump administration last month to help test Americans for infections from the new coronavirus, said it was launching two offsite testing locations with Abbott Laboratories' faster diagnostic kit and would be able to handle 1,000 tests per day.



4 years ago

Could Bitcoin on DeFi displace banks? Yes

Daily Fintech | Ilias Louis Hatzis | April 6, 2020 Decentralized Finance (DeFi) is building a new financial system. The DeFi movement is picking up steam. DeFi has been successful in remittances, loans, stable coins, and other core elements of the fiat world. With a little over a year under its belt, DeFi hit a

4 years ago

U.S. officials brace for 'peak death week' in coronavirus

U.S. officials on Monday girded the country for a "peak death week" from the coronavirus pandemic as the accelerating American death toll closed the gap with Italy and Spain, the countries with the most fatalities to date.



4 years ago

Tiger at New York's Bronx Zoo tests positive for coronavirus

A tiger at the Bronx Zoo in New York City has tested positive for the respiratory disease caused by the novel coronavirus, in the first known case of a human infecting an animal and making it sick, the zoo's chief veterinarian said on Sunday.



4 years ago

As infections balloon, coronavirus squeezes Europe's armed forces

Military forces across Europe have scaled back operations and imposed stricter rules on personnel to try to stem the spread of the coronavirus among staff who often live and work in close quarters, making them more vulnerable to infection.



4 years ago

ILO annual gathering of labour ministers postponed for a year

An annual gathering of the world's labour ministers will not take place this year because of the coronavirus pandemic, but will convene in June 2021, the International Labour Organization (ILO) said on Monday.



4 years ago

Two employees of Jeff Bezos' space venture, Blue Origin, test positive for coronavirus

Jeff Bezos' space venture Blue Origin confirmed that two more employees in the Seattle-area have tested positive for coronavirus.

4 years ago

Microsoft And Plaid Should Target Small Businesses (Not Consumers) With Money In Excel

Forbes | Ron Shevlin | April 6, 2020 Microsoft and data aggregator Plaid announced a partnership to offer a service they’re calling Money in Excel. According to Plaid: “Money in Excel essentially turns the spreadsheet into a fintech app. It allows users to securely connect their financial accounts, import the data within them, sync balances

4 years ago

White House considering U.S. Treasury coronavirus bond: Kudlow

White House advisers have been discussing the possibility of a coronavirus-related U.S. Treasury bond, President Donald Trump's economic adviser Larry Kudlow told CNBC on Monday.



4 years ago

Stocks jump as COVID deaths slow; oil falls on OPEC+ delay

World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some of the world's hot spots, while a delay in talks between Saudi Arabia and Russia to cut supply sent oil prices tumbling again.



4 years ago