At least 44 people have died and more than 70 are missing after record rainfall triggered severe floods in western Germany and neighbouring Belgium. Forty-two of the fatalities were in Germany, with Chancellor Angela Merkel calling the situation a “catastrophe” as she expressed solidarity with those affected by the flooding. The dead including 18 in […]
BERLIN (Reuters) – The European Central Bank is looking carefully at the impact of the coronavirus but such episodes in the past have typically seen economies and markets rebound after a short-term hit, Philip Lane, the bank’s chief economist said on Wednesday. “Let’s see – it depends on how quickly it is contained,” he told […]
By Chris Prentice WASHINGTON (Reuters) – The U.S. securities regulator on Monday warned corporate executives against insider trading during disruption caused by the coronavirus, in an unusual statement that underscores the chaos coursing through financial markets. Company directors, officers, employees, consultants and other outside professionals who have access to material, nonpublic information should be “mindful […]
