According to one of the United Kingdom’s biggest gambling websites, with the lockdown in several countries including the UK in order to prevent the spread of the coronavirus, there has been a shift of gamblers from wagers on sport to… Read More ›
Regulations & Legal
Coronavirus Lockdowns Puts Millions Of Gig Economy Workers In Dilemma
The coronavirus pandemic has put an impossible choice for the millions of gig economy workers across the world – whether to ignore the lockdown and go out to work or stay at home and earn nothing. This was evident in… Read More ›
Concerns Over Shortage Of Global Drug Supply As India Goes Into Lockdown Due To Coronavirus
The global pharmaceutical supply chain, that has become heavily reliant on China and India, could get disrupted because of the coronavirus pandemic, warned analysts. This has been accentuated by India taking strong measures of social distancing to prevent the spread… Read More ›
U.S. SEC warns against opportunistic trading during Wuhan coronavirus market route
In an unusual statement that essentially underscores the chaos coursing through the financial markets, the U.S. securities regulator has warned corporate executives against insider trading. In a statement, the SEC said, company directors, consultants, officers, employees, and other outside professionals… Read More ›
Record Unemployment Claims May Be Made This Week In US As Americans Lose Jobs Due To Virus Pandemic
The rapid spread of the coronavirus pandemic in the United States has impacted the workforce in the country with Americans already starting to lose their jobs. Economists are now predicting that the situation is set to get worse in the… Read More ›
UK Could Be Flooded With Toxic Cosmetics Under US Trade Deal
There can be relaxation of stringent laws which prohibit the use of dangerous ingredients in imported cosmetics if there is a trade deal between the United Kingdom and the United States, campaigners in the UK have warned. There have already… Read More ›
Emergency Stimulus Package Worth Billions Announced By Europe
An emergency package worth €750bn ($820bn) for combating the economic fall out of the coronavirus pandemic was launched by the European Central Bank (ECB). The money will be used for purchasing of government and company debt all across the eurozone… Read More ›
UK eases competition law to allow supermarkets to cooperate and coordinate during Wuhan coronavirus outbreak
Britain will relax competition laws in order to allow co-operation between supermarkets so that shoppers can get access to the food they need during the Wuhan coronavirus outbreak. “We’ve listened to the powerful arguments of our leading supermarkets and will… Read More ›
Harley Davidson faces proxy fight with hedge fund Impala Asset Management
With Impala Asset Management saying it will try and place two directors at Harley-Davidson Inc, America’s oldest and best-known motorcycle maker is facing a battle with one of its investors. Impala Asset Management, run by Robert Bishop, which owns 1.9… Read More ›
Risk premium on U.S. investment grade credit goes through roof on Wuhan coronavirus worries
The financial impact of the Wuhan coronavirus on corporate America’s balance sheets has tripled the premium investors are demanding to hold even the highest-rated corporate bonds. According to the ICE/BofA investment grade index, the difference between the average yield of… Read More ›