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US banks defend dividend payments during pandemic

America’s biggest banks will defend their plans to continue paying dividends in submissions to regulators on Monday, just days after Europe’s regulators urged lenders to abandon shareholder payouts while they dealt with the coronavirus pandemic.  US banks’ annual capital plans, due to be submitted to the Federal Reserve on Monday, …

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U.S. enters 'hardest, saddest' week in coronavirus crisis

© Reuters. Outbreak of the coronavirus disease (COVID-19) in New Orleans (Reuters) – The United States enters one of the most critical weeks so far in the coronavirus crisis with the death toll exploding in New York, Michigan and Louisiana and some governors calling for a national order to stay …

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Coronavirus: Cath Kidston set to call in administrators

Image copyright Cath Kidston Cath Kidston, the floral fashion brand, is set to file for administration as the coronavirus shutdown pushes High Street retailers to breaking point. The move will put nearly 950 jobs at risk at the company which is best-known for its brightly-coloured designs. Debenhams, the department store …

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