April 27 (Reuters) – UK housebuilder Redrow will not restart construction on its sites before May 18, the company said on Monday, much later than the dates announced last week by a handful of its peers. The company, the first of Britain’s big housebuilders to …
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Hiscox, the insurance company that will doubtless have been used by many agents to insure their businesses, is facing legal action over its handling of ‘Business Interruption’ claims. Some 200 policyholders, are planning to take Hiscox Insurance to Court …
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By Swati Bhat. MUMBAI, April 27 (Reuters) – India’s central bank is opening a special liquidity facility of upto 500 billion rupees ($6.6 billion) to help mutual funds tide over a severe liquidity strain imposed by the coronavirus pandemic and redemption …
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STOCKHOLM–Swedish steelmaker SSAB AB Monday reported an 86% drop in first-quarter net profit and said it plans cost cuts to save more than 1 billion Swedish kronor ($99.4 million) a year as it adjusts to lower steel demand amid the coronavirus …
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SINGAPORE (Reuters) – Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not be fast enough to fully offset the collapse in demand from the coronavirus pandemic. FILE PHOTO: An oil pump …
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