LONDON Shares in Premier Inn owner Whitbread Plc tumbled 16% on Thursday after it said it would seek 1.01 billion pounds in fresh cash from shareholders to help weather the COVID-19 crisis.
LONDON, May 21 Shares in Premier Inn owner
Whitbread Plc tumbled 16% on Thursday after it said it
would seek 1.01 billion pounds ($1.2 billion) in fresh cash from
shareholders to help weather the COVID-19 crisis.
* White-collar workers to see big changes to workplace,
MILAN/LONDON Can creative sparks fly through plexiglass? Is the water cooler chat a thing of the past? | Video
LONDON Insurer Admiral said on Tuesday it will return 110 million pounds ($136.43 million) to car and van policyholders who they hope have heeded government advice to stay home and drive less during Britain's coronavirus lockdown.
* To return 110 million pounds to policyholders during
British asset manager Jupiter Fund Management said on Wednesday its assets under management fell 18.3% in the quarter to end-March as fears over the coronavirus pandemic rattled financial markets.
* Jupiter says still confident on merits of tie-up
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LONDON The wild swings in stock, currency and commodity prices in recent weeks are proving too tempting for thousands of stuck-at-home punters convinced they know which way markets are headed as the coronavirus ravages economies.
LONDON British insurers cancelled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank of England which had cautioned the sector about the risk of heavy costs from the spread of the coronavirus.