What should you do with your investments as markets fall? Five financial gurus respond

Between them, they have racked up nearly 130 years working in the City, managing investment funds worth billions of pounds on behalf of investors – through thick and thin. Five hugely experienced fund managers who passionately believe that stock markets reward long-term investors, however painful the present may be. We asked them for their views … Read more

Apple lets credit card holders skip March payments due to financial hardships caused by coronavirus

Apple lets its credit card holders skip March payments because of financial hardships caused by coronavirus Apple said customers can forego payments on interest for the month of March It cited financial hardships created by the coronavirus pandemic To activate the offer, customers will have to contact customers support  Coronavirus symptoms: what are they and … Read more

Kris Jenner admits to financial stress after divorcing Robert Kardashian

Kris Jenner thinks her 1991 split from Robert Kardashian prompted her to grow up because she had to suddenly provide for herself and her four kids. The 64-year-old showbiz matriarch and Robert divorced in 1991 – and their split led to a dramatic change in Kris’ outlook on life, with the TV star admitting to … Read more

Fed to pump trillions into the financial system in coronavirus fight

US Federal Reserve to pump trillions of dollars into the financial system to fight coronavirus slowdown By Daily Mail City & Finance Reporter Published: 23:15 GMT, 12 March 2020 | Updated: 00:28 GMT, 13 March 2020 The US Federal Reserve has announced it will pump trillions of dollars into the financial system The US Federal … Read more

Donald Trump closes the borders with Europe and pledges financial aid for the sick

President Donald Trump told the nation he was ordering an immediate shut-down of all travel from Europe to the United States as he addressed the nation on the coronavirus in a prime time Wednesday speech. ‘We will be suspending all travel from Europe to the United States for the next 30 days,’ Trump announced, in … Read more

Financial watchdog extends probe into the collapse of holiday giant Thomas Cook

Business Secretary Leadsom welcomes financial watchdog’s decision to extend probe into collapse of holiday giant Thomas Cook The FRC announced it will analyse financial statements by auditors EY Thomas Cook collapsed in September after failing to find a funding lifeline By This Is Money Published: 11:43 GMT, 19 December 2019 | Updated: 11:45 GMT, 19 … Read more

OECD: Coronavirus may cause worst financial crisis for a decade

The OECD said today it feared the worst financial crisis for a decade due to the impact of coronavirus. The trade body warned that the world’s economy could shrink in the first quarter of this year as a result of the outbreak, with growth across the whole year dipping as low as 1.5% if the virus … Read more

Coronavirus meltdown: Markets suffer worst week since financial crisis

Airlines and travel companies bore the brunt of the latest chaos on global markets as the spread of the coronavirus triggered more panic-selling. At the end of the biggest weekly rout in share prices since the financial crisis, the boss of British Airways owner IAG warned the deadly outbreak could push struggling airlines ‘over the … Read more

Microsoft issues financial warning as coronavirus disrupts its Chinese supply chain

Microsoft issues financial warning as coronavirus disrupts its Chinese supply chain for Windows and Surface devices Microsoft’s sales for this quarter had been projected at $10.75–$11.15 billion The firm has not yet provided a revised estimated based on the virus’ impact  Microsoft does not expect its cloud-computing business to be affected, however The warning came … Read more