Guardian AustraliaRetail Bullring centre owner plans to raise £825m to survive Covid-19 crisis The Guardian - Joanna PartridgeThe shopping centre owner Hammerson has announced plans to raise more than £825m through a cash call and the sale of its stake in discount shopping outlets, to help it survive a crisis in retail accelerated
Guardian AustraliaBank of England Negative UK interest rates were once unthinkable. But tough times lie ahead The Guardian - Larry ElliottImagine the scene. It’s a year from now and Covid-19 hasn’t gone away. The economy is in the doldrums, with unemployment rising and inflation well below its 2% target. The Bank of England has been pumping
Guardian AustraliaTrump news update Deutsche Bank gave Donald Trump financial records to New York prosecutors - report The Guardian - Guardian staff and agencyNew York prosecutors investigating Donald Trump’s finances previously issued a subpoena to Deutsche Bank, one of the foremost lenders to the president’s business, as part of their inquiry – and the bank
Guardian AustraliaGlencore Glencore shares slide as it scraps £2bn dividend and posts first-half loss The Guardian - Jillian AmbroseMining giant Glencore has scrapped its $2.6bn (£1.97bn) dividend after slashing the value of its coal assets and plunging to a loss for the first half of the year due to the impact of the coronavirus The
Guardian AustraliaITV ITV suffers steepest advertising fall ever due to Covid-19 lockdown The Guardian - Mark SweneyITV has been hit by the steepest decline in advertising in its 65-year history, a 43% fall in the second quarter, and the impact of the coronavirus pandemic looks set to push the broadcaster out of the
