As the world continues to face challenges in dealing with the Coronavirus (COVID-19) pandemic, we are taking steps to provide some safety measures to our clients and staff.
Given the wide-ranging impact of the pandemic and in line with advice from government and the World Health Organisation (WHO), limiting unnecessary human contact is an invaluable precaution. We therefore strongly encourage you to use our suite of digital tools and trading platforms for your financial needs. Digital platforms provide an efficient, fast, safe and nearly instantaneous solution to many, if not all your investing requirements, away from public spaces.
KEEPING EVERYONE SAFE
The safety of our employees and clients is something that we care deeply about. While the extent of COVID-19 is still unknown, our plans have the necessary flexibility to evolve as the situation requires.
As a result, Sharenet will unfortunately not be accommodating client meetings at a branch level, for the forceable future. As soon as the situation changes, we will advise you, our valuable clients accordingly.
The widespread concern around COVID-19 creates the perfect opportunity for cybercriminals to defraud customers. To ensure protection against targeted ransomware and Malware attacks, remember to install the latest version of a Multi-layered Antivirus program and never share your account details online or via email.
Sharenet remains fully operational and should you experience any technical difficulty, rest assured that our superior support staff is ready to assist with any technical queries and can be reached on:
07/07 Britain is prepared to leave the
European Union on the same terms as Australia has with the bloc
if it cannot agree on a future trading deal, Prime Minister
Boris Johnson told Germany's Angela. . .
07/07 Italian Prime Minister Giuseppe
Conte said on Tuesday the European Union must act decisively to
build a common response to the economic crisis caused by the
COVID-19 pandemic, urging that support measures be activated
rapidly.. . .
07/07 Talks between Portuguese and
British authorities are under way ahead of the UK's reevaluation
of its decision to keep Portugal off its list for coronavirus
restriction-free travel, Prime Minister Antonio Costa said on
Tuesday.. . .
07/07 Chile's mines minister said on
Tuesday there were "no silver bullets" to help the industry
weather the coronavirus pandemic, but insisted the world's
biggest copper producer was prioritizing workers' health to
avoid the spread of. . .
07/07 Further waves of the novel
coronavirus are surely on the way and they will be one of the
determinants of Britain's economic outlook, Bank of England
Chief Economist Andy Haldane said on Tuesday.. . .
07/07 Travelex said on Tuesday its debt holders
will take control of the company and inject 84 million pounds
($105.60 million) of fresh liquidity, as part of a debt
restructuring to help the currency service. . .
07/07 Copper prices soared to their
highest level in more than five months on Tuesday due to strong
demand prospects in top consumer China and worries about
supplies from Chile, the world's largest producer of. . .
07/07 UK shares slipped from near two-week
highs on Tuesday as a surge in U.S. coronavirus cases turned
investors away from riskier trades, while Halfords tumbled after
a bleak profit expectation.. . .
07/07 Italy said it would use its right
to intervene to protect strategic assets on the planned
acquisition of biotechnology group Molmed by AGC
, leaving the Japanese buyer to review whether to go
ahead with. . .
07/07 Spain will lease public land to
private companies and waive royalty fees on the condition of a
commitment to build and manage social housing during the lease,
Transport Minister Jose Luis Abalos said on. . .
07/07 UBI Banca on Tuesday
fired back at rival Intesa Sanpaolo in an escalating war of
words over a takeover offer from Italy's second largest bank,
reiterating that the bid does not adequately reward its
shareholders.. . .
07/07 Britain risks throwing away its
long-standing relationship with China if it bans Huawei from its
5G networks at the behest of the United States as part of a
global battle for technological supremacy, the. . .
07/07 Britain can once again issue new
licences to export arms to Saudi Arabia after complying with a
court order, its trade minister said on Tuesday, a move
campaigners condemned as "morally bankrupt".. . .
07/07 Europe needs a scheme similar to
the U.S. Troubled Asset Relief Programme (TARP), adopted during
the 2008 subprime crisis, to help its banks cope with the
fallout from the COVID-19 pandemic, European Central Bank
policymaker. . .
07/07 Top British and EU negotiators
will dine at Number 10 Downing Street on Tuesday, kicking off
the latest round of Brexit talks that have all but stalled amid
differences, with the top EU official. . .
07/07 The Italian government approved a
package of measures on Tuesday aimed at cutting the complicated
red tape that has long been blamed for crimping growth in the
euro zone's third-largest economy.. . .
07/07 European lawmakers agreed on
Tuesday to include international carbon emissions from the
maritime sector in the EU carbon market, targeting an industry
that does not yet pay for its pollution.. . .
07/07 Britain's market watchdog is
resisting calls for stricter rules on investment funds, putting
the regulator at odds with the Bank of England which wants
tighter controls to prevent them becoming a source of contagion
in. . .
07/07 Activist investor ENKRAFT has
stepped up its criticism of solar and wind park developer
Energiekontor, accusing management of failing to
address what it described as "great strategic weaknesses", a
letter seen by Reuters showed.. . .
07/07 China is forging ahead
in the race to develop a vaccine to help control the COVID-19
pandemic, with Sinovac Biotech's experimental vaccine
set to become the country's second and the world's third to
enter final. . .
07/07 Online trading platform Plus500's
revenue in the first half nearly quadrupled to $564.2
million, as it continues to see strong trading volumes in
financial markets during the coronavirus crisis.. . .
07/07 Germany's Lufthansa
airlines will cut 20% of its leadership positions and 1,000
administrative jobs in a restructuring plan that it announced on
Tuesday to cope with fallout from the coronavirus crisis.. . .
07/07 Spain's cabinet will on Tuesday
approve the extension of measures aimed at easing the financial
burden on rental tenants and homeowners hit by the coronavirus,
government sources told Reuters.. . .
07/07 Poland could return to
pre-coronavirus levels of economic activity in the first or
second quarter of 2021, the head of state fund PFR said on
Tuesday, adding that the economy could grow by 5%. . .
07/07 British finance minister Rishi
Sunak is considering measures ranging from tax cuts to hiring
incentives as he tries to steer the world's sixth-biggest
economy towards recovery after a 25% coronavirus crash in March
and April.. . .
07/07 UK-based RockRose Energy Plc said
on Monday it had agreed to be bought by privately held energy
firm Viaro Energy in a deal valuing it at 247.6 million pounds
($309.08 million), as the industry. . .
07/07 Indonesia imposed a 10%
value-added tax on sales by technology firms including Amazon,
Netflix, Spotify and Google on Tuesday, as spending patterns
shift with increased remote working as a result of the
coronavirus crisis, which. . .
07/07 The euro zone economy will drop
deeper into recession this year and rebound less steeply in 2021
than previously thought, the European Commission forecast on
Tuesday, with France, Italy and Spain struggling the most. . .
07/07 European spot electricity prices
for Wednesday delivery jumped to more than 5-month highs due to
a falling forecast for German wind and solar power generation,
while French nuclear availability remained low.. . .
07/07 Germany's industrial production
rebounded in May, rising by 7.8% for the month after falling by
a revised 17.5% in April, the Statistics Office said on Tuesday,
in the latest sign that Europe's largest economy. . .
07/07 Daily Mirror owner Reach
said on Tuesday it would cut about 550 jobs, or 12% of its
workforce, after the COVID-19 pandemic hit circulation and
advertising at its national and regional newspapers in Britain.. . .
07/07 Premier Inn owner Whitbread
reported a 80% fall in first-quarter like-for-like UK sales on
Tuesday noting improving demand for hotel rooms in tourist spots
but subdued demand in London and elsewhere.. . .
07/07 Italy's liabilities towards other
euro zone central banks hit a new all-time high in June, as the
country's lenders rushed to borrow from the European Central
Bank under extraordinary measures deployed to fight the. . .
07/07 A gauge of British labour costs
rose at its fastest rate since 2006 in the first three months of
this year, reflecting the early days of the government's
furlough scheme, the Office for National. . .
07/07 Britain can both remain a popular
destination for foreign investment and stand up for its values,
its business minister said on Tuesday after China warned that a
dispute over tech firm Huawei could lead. . .
07/07 The number of shoppers visiting
retailers was down by nearly 50% last week compared with a year
earlier and the amount of money spent in pubs and restaurants as
they reopened last weekend suffered. . .
07/07 Palm oil demand in
India, the world's top edible oil importer, is set to plunge
this year as coronavirus lockdowns slash food service sector
demand and households opt for alternatives at the supermarket.. . .
07/07 British house prices fell for a
fourth month in a row in June as COVID-19 restrictions continued
to depress the market, the longest run of monthly declines since
2010, mortgage lender Halifax said on. . .
07/07 Sodexo warned on Tuesday that
its fourth-quarter and half-year sales will fall more sharply
than previously expected as the coronavirus pandemic remains
strong in North America, Latin America and India.. . .
07/07 Investors withdrew a record 1.35
billion pounds ($1.69 billion)from active UK-focused equity
funds in June, topping the level seen after the Brexit vote four
years ago, fund network Calastone said on Tuesday.. . .
07/07 Prospects for nearly half of the
world's projects to build infrastructure for exporting liquefied
natural gas have faltered in recent months, amid rising concerns
about climate change, public protests and delays due to the
coronavirus. . .
07/07 The hit to Australia's population
growth from closing its international borders is quickly turning
a long-running housing shortage into a glut, bringing an end to
the apartment building boom behind much of the country's. . .
06/07 U.S. corn and soybean futures rose on Monday as
expectations for unfavorably hot, dry weather increased concerns over the crops,
after the federal government said last week that American farmers planted fewer
acres than. . .
06/07 British finance minister Rishi
Sunak will earmark 3 billion pounds ($3.75 billion) to create
green jobs and improve the energy efficiency of public buildings
when he announces his broader plans to kickstart the economy. . .
06/07 European Union leaders are
split over which fuels deserve support from the bloc's flagship
green energy fund, after lawmakers on Monday called for rules
that could allow the money to be spent on some. . .
06/07 Britain will invest nearly $2
billion in the arts and hopes to allow outdoor and socially
distanced performances at cultural venues as it tries to help a
high-profile sector hit hard by the coronavirus.. . .
06/07 German prosecutors said
on Monday they had arrested the head of a Dubai-based subsidiary
of Wirecard, widening the circle of suspects in a
multi-billion-dollar fraud investigation into the collapse of
the payments company.. . .
06/07 British foreign Secretary Dominic
Raab rejected on Monday China's accusation that Britain had
indulged in "gross interference" over Beijing's imposition of
new security legislation in Hong Kong.. . .
06/07 The Dutch central bank (DNB)
said on Monday that insurers could restart dividend payments
later this year, as the effects of the coronavirus pandemic on
their balance sheets has been less dramatic than feared.. . .
06/07 London stocks logged their best day in
nearly three weeks on Monday, with cyclical stocks including
banks leading advances on hopes of more stimulus to kickstart a
battered global economy, while homebuilders jumped on. . .
06/07 Russia's environmental watchdog
has asked a power subsidiary of Russian mining giant Norilsk
Nickel (Nornickel) to pay almost 148 billion roubles
($2 billion) in damages over an Arctic fuel spill in Siberia.. . .
06/07 European Union countries should
only get money from the bloc's budget and the COVID-19 recovery
fund if they have robust courts and safeguards against
corruption, a top official said on Monday, a couched warning. . .
06/07 Monkey labour to harvest
coconuts for commercial products "is almost non-existent" in
Thailand, the commerce minister said on Monday, after British
retailers announced bans on products campaigners say use the
animals in their production.. . .
06/07 Britain's first sanctions will
target 25 Russian nationals it says were involved in the
mistreatement and death of lawyer Sergei Magnitsky and 20 Saudi
nationals held to be involved in the death of journalist. . .
06/07 French state-controlled utility
EDF has started preparing a cost-cutting plan worth
between 2 and 3 billion euros ($1.13 billion), two sources told
Reuters, confirming a report by French newspaper Le Monde.. . .
06/07 British online fashion retailer
Boohoo will end relationships with any supplier found to have
breached its code of conduct, it said on Monday following a
media report about dire working conditions in one English
factory.. . .
06/07 Aviva named independent
director and former Zurich Insurance executive Amanda
Blanc as its new chief executive on Monday who immediately
signalled a potential strategy overhaul, sending the British
insurer's shares up.. . .
06/07 Britain's decision to grant
Huawei a limited role in building its 5G network is not
"fixed in stone" and a government update on the Chinese company
will be published before July 22, a government. . .
06/07 Cineworld said on Monday it
planned to make a counter-claim against Cineplex
following the Canadian cinema chain's legal action against the
British group for damages after it scrapped a $1.65 billion
takeover.. . .
06/07 Britain expects China to adhere
to international law, a spokesman for Prime Minister Boris
Johnson said on Monday when asked what London could do if
Beijing prevents those in Hong Kong with British National
Overseas. . .
06/07 The European Union will take
decisive action against the United States if it is unwilling to
settle a long-running row over aircraft subsidies and presses
ahead with a series of new trade investigations, Europe's. . .
06/07 British coffee and sandwich chain
Pret A Manger said on Monday it will not reopen 30 UK shops
after the coronavirus lockdown and could cut around 1,000 jobs,
reflecting a major hit to customer. . .
06/07 Fashion brands and
retailers re-opening around the world to patchy demand, and
carrying unsold stock from spring have cut fall orders by as
much as two-thirds in moves spelling more pain for Asian
suppliers.. . .
06/07 Lloyds Bank Chief Executive
António Horta-Osório said on Monday he would step down next year
after a decade at the helm, leaving Britain's biggest domestic
bank to find a successor to steer it through. . .
06/07 Australian-listed Prospect Resources said on Monday it had picked Renaissance Securities Capital as its exclusive financial advisor for the possible sale of shares in Zimbabwe's Arcadia Lithium mine to Russian energy. . .
06/07 German industrial orders
rebounded moderately in May and a fifth of firms in Europe's
biggest economy said in a survey published on Monday they feared
insolvency, adding to expectations of a slow and painful
recovery. . .
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