PRESS DIGEST- Financial Times – March 27

March 27 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines – Volkswagen calls on ECB to accelerate emergency lending – Next bows to staff pressure and halts online sales – Banks call for freeze on UK housing market Overview – Volkswagen AG has reached out to the European Central Bank to speed up the bank’s buying of commercial papers directly from companies to help them counter the effects of the coronavirus outbreak. – Fashion retailer Next Plc has stopped taking online orders during the coronavirus outbreak, bowing to staff pressure. – Banks in the U.K. are pressing for a full housing market suspension after the government told home buyers and sellers to delay transactions due to the coronavirus pandemic.

Written by ideasexplorer

An incurably curious mind that loves to learn about culture, society, history, the environment, and so much more! Join me in exploring the ideas of yesterday, today, and tomorrow!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: