The Inner Gossips

News for nerds

Investor groups call for UK firms to provide a virtual AGM

Britain’s biggest listed companies have been urged to hold ‘virtual’ annual general meetings after two-thirds of the firms to announce meetings so far opted to hold them behind closed doors

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Branson says Virgin Atlantic will need UK government help to survive

Virgin Atlantic will only survive the coronavirus outbreak if it gets financial support from the British government, the airline’s founder Richard Branson said on Monday. Virgin Atlantic last month asked

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Halliburton books $1.1 billion charge, slashes spending by 50%

U.S. oilfield services giant Halliburton (HAL.N) on Monday reported a $1 billion first-quarter loss on charges and outlined the largest budget cut yet among top energy companies as U.S. crude

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Saudi Arabia gets physical with Russia in underground oil bout

Behind a Saudi-Russian truce to stabilise oil markets with a record output cut, market players are seeing the two production heavyweights still trading blows in the physical market. It is

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Some life insurers hit pause on older Americans

This April 17 story corrects to fix name of company in second paragraph to make it Protective Life Insurance Co instead of Protective Insurance Co. Some U.S. life insurers are

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Investors much less confident about market outlook, Trump re-election chance: survey

The markets are much less confident about Europe and the United States getting back to business ahead of the summer, a Deutsche Bank investor survey showed on Monday, even as

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Standard Chartered, Astra International agree to reduced sale price for stake in Indonesian bank

Standard Chartered (STAN.L) said on Monday it had agreed with Indonesian conglomerate PT Astra International (ASII.JK) to sell their stake in Indonesia’s PT Bank Permata (BNLI.JK) to lender Bangkok Bank

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