Fed rolls out PMCCF programme

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Federal Reserve has launched its Primary Market Corporate Credit Facility, a programme to stabilise financial markets following the COVID-19 pandemic, saying it is available for use starting from Monday.
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Mon, 29 Jun 2020 20:53:23 GMT

Coty to purchase 20% stake in KKW

Coty Inc announced that it would purchase a stake of 20% in KKW, the makeup brand of Kim Kardashian West, looking to cash in on the demand for its products.

Mon, 29 Jun 2020 18:41:05 GMT

Merkel expects EU leaders to agree on budget

Germany's Chancellor Angela Merkel is hoping that the EU bloc's leaders will agree on the next recovery fund and budget at the summit set for July 17/18, Reuters reported on Monday.

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