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| European ‘zombie’ companies have three to six months' runway before defaults rise, says Aviva Investors Concern is growing over a likely spike in defaults among so-called ‘zombie’ companies that have stayed afloat during the coronavirus pandemic by relying on government stimulus and increasing their debt loads, but will struggle to keep servicing loans as government schemes roll back. |
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| SIX trading turnover down 22.1 per cent in July | | Tue | 4 Aug 2020, 11:54 | | Trading turnover on the Swiss Stock Exchange was down 22.1 per cent in July compared to the previous month reaching CHF119.3 billion, while the number of transactions decreased by 14.5 per cent to a total of 7,364,635. |
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| Huobi launches DeFi research platform | | Tue | 4 Aug 2020, 11:54 | | Huobi Group has set up a new platform dedicated to DeFi (Decentralised Finance) research, investment, and incubation and eco system building. |
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| Countdown starts for ETF Express US Awards 2020 | | Tue | 4 Aug 2020, 11:54 | | Voting is now underway for the ETF Express US Awards 2020, which will be unveiled and celebrated at an exclusive virtual ceremony and industry networking event to be held on 24 September. |
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| Global Reach Group adds to senior management team | | Tue | 4 Aug 2020, 11:54 | | Global Reach Group (www.globalreachgroup.com), a provider of corporate and personal foreign exchange services, has added to its senior management team with the appointment of Dr Tim Watson to lead its global technology function. |
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