On Thursday, as per Swiss government documents, Switzerland has updated rules to ensure that large banks hold sufficient liquidity to absorb economic shocks. The newly updated rules will have little or no impact on bank in terms of additional capital… Read More ›
material impact
No major impact from power outages on major chipmakers
On Thursday, officials from Taiwan’s science parks in Tainan and Hsinchu said, the island-wide power outages have had no material impact on its operations.
Rolls Royce ditches 2020 free cash flow targets due to Wuhan Coronavirus
According to a report from the Financial Times, Rolls-Royce is slated to abandon its targets on deliveries, profits, cash and dividend, as airlines around the world ground their planes in the wake of the Wuhan Coronavirus outbreak. Rolls-Royce is also… Read More ›