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:
01h00 Some 12 million people in Britain
are likely to struggle with bills and loan repayments as the
COVID-19 pandemic continues to wreak economic havoc, a Financial
Conduct Authority survey tracking consumer financial resilience
showed on. . .
21/10 Belgium could order another
lockdown to curb the spread of COVID-19 infections as early as
next week, a spokesman said on Wednesday, as the country
grapples with a new wave of the virus potentially. . .
21/10 British finance minister Rishi
Sunak will address parliament on Thursday about the outlook for
the economy, as he faces growing pressure to offer more support
to businesses and workers hit by tightening COVID lockdown
rules.. . .
21/10 Gold rose 1% to its highest in over a
week on Wednesday as investor optimism that a U.S. coronavirus
aid package will be announced before the Nov. 3 presidential
elections pressured the dollar and. . .
21/10 Hedge funds added $13 billion of
assets between the start of July and end of September, the first
time the industry has generated net inflows in any quarter since
2018, data from industry tracker. . .
21/10 Any vote by shareholders in
October in favour of the spin-off of the Italian motorway assets
of Atlantia could be set aside if an attractive offer
from state lender CDP or other suitors came. . .
21/10 London's FTSE 100 slipped to a near
one-month low on Wednesday as the pound jumped on hopes Brexit
talks were set to resume, while investors remained concerned
over prospects of more coronavirus restrictions in. . .
21/10 Italian bank Monte dei Paschi (MPS)
has called an extraordinary board meeting on Oct. 29
to discuss increasing provisions against legal risks after a
court convicted two former top executives, two sources close to
the. . .
21/10 Britain and the European Union
have agreed to resume talks on reaching a trade deal to govern
their future relations, setting out a new set of "organising
principles" for intensified talks to begin on. . .
21/10 The family owners of
Italian fashion house Salvatore Ferragamo have held
informal talks with investors to sell a minority stake in their
holding firm as they scramble to turn around the brand famous
for shoes. . .
21/10 Copper leapt above $7,000 a tonne
on Wednesday for the first time since June 2018, helped by hopes
for U.S. stimulus, strikes at mines in Chile, expectations of
healthy demand in China and a. . .
21/10 European shares fell for a third straight
session on Wednesday, as losses in healthcare and construction
stocks countered a lift from encouraging earnings from consumer
giant Nestle and telecoms equipment maker Ericsson.. . .
21/10 Six insurers have decided not to
appeal against a London High Court ruling that they were wrong
to reject claims from holders of three business interruption
insurance policies who have been pushed to the. . .
21/10 German 10-year bond yields
touched their highest in a week in early trade on U.S. stimulus
hopes, but demand for the safe-haven assets reversed as European
stock markets fell back into the red and. . .
21/10 German crude oil imports in
the first eight months of 2020 were 2% below those a year
earlier as the coronavirus crisis and related lockdowns hit
industrial activity, official data showed on Wednesday.. . .
21/10 In a boost for Spain's banks, the
Supreme Court said on Wednesday a mortgage pricing index used
during the country's property crisis was valid and did not
constitute market abuse, although there was a. . .
21/10 Germany's meat processors
are sending pork chops and bacon previously earmarked for Asia
to supermarkets across the European Union after China, South
Korea and Japan banned German imports due to an outbreak of
African Swine. . .
21/10 European Union proposals to ease
rules on the funding of broker research into small and medium
sized companies will not help those firms, the head of the
bloc's securities watchdog said on Wednesday.. . .
21/10 Ireland's central bank expects
lenders to adopt interim measures to support borrowers
experiencing temporary income shocks as a result of tightened
COVID-19 restrictions, governor Gabriel Makhlouf said on
Wednesday.. . .
21/10 A steady increase in banking
jobs in the German financial capital of Frankfurt has likely
come to an end because of the coronavirus pandemic, according to
a study by German lender Helaba on Wednesday.. . .
21/10 Portugal's state debt agency IGCP
said it had cancelled Wednesday's auction of Treasury bills,
where it planned to sell up to 1.25 billion euros ($1.5 billion)
of 3- and 11-month bills, without explaining the. . .
21/10 German bicycle maker Canyon is
for sale as founder Roman Arnold and minority stakeholder TSG
Consumer Partners seek to tap into demand spurred by the
pandemic, three people close to the matter said.. . .
21/10 Finnish drugmaker Orion
on Wednesday reported a drop in quarterly profit and
sales, after raising its full-year outlook a day earlier, helped
by higher sales of its drugs in March and April due to. . .
21/10 Freight volumes in the Port of
Rotterdam improved in the third quarter after the deep slump
caused by the coronavirus pandemic in the first half of the
year, Europe's largest sea port said on. . .
21/10 Telecoms equipment supplier
Ericsson beat quarterly core earnings forecasts on
Wednesday, helped by higher margins and China's 5G rollout, and
said it was "more confident" about meeting its 2020 targets.. . .
21/10 The recession in Sweden and
Norway from the COVID-19 pandemic is now expected to be
shallower than originally projected, but forecasts for the
recovery next year have been trimmed back in the latest Reuters
poll. . .
21/10 Aluminium producer Norsk Hydro
and municipal utility Lyse are merging parts of their
hydropower production into a joint company to secure long-term
renewables production and competitiveness, they said on
Wednesday.. . .
21/10 Spanish green energy company
Iberdrola reported 4.7% net profit growth for the first
nine months on Wednesday and said it still expected that metric
to rise at a mid to high-single digit rate this. . .
21/10 Sweden's Handelsbanken
reported a fall in quarterly net earnings on Wednesday
due to restructuring costs, though the bank's loan portfolio
continued to weather the impact of the coronavirus pandemic with
ease.. . .
21/10 Britain's Metro Bank
reported a 2% increase in lending for the third quarter, but
warned its capital levels remain below buffers expected by
regulators as it grapples with the impact of the COVID-19
pandemic.. . .
21/10 Randstad NV, the
world's largest staffing company, on Wednesday reported
better-than-expected third-quarter core earnings and said it was
seeing a "significant recovery" of revenues lost earlier in the
COVID-19 pandemic.. . .
21/10 United Airlines is set
on Wednesday to test a digital health pass under a global pilot
program seeking to establish a common international standard for
COVID-19 test results and eventually vaccine records that could
help. . .
21/10 Robots will destroy 85 million
jobs at mid-sized to large businesses over the next five years
as the COVID-19 pandemic accelerates changes in the workplace
likely to exaggerate inequalities, a World Economic Forum (WEF)
study. . .
20/10 Trading on Euronext
resumed on Tuesday after a series of glitches on Monday
disrupted several of Western Europe's major stock exchanges and
raised concerns about the risk of one operator hosting so many
bourses.. . .
20/10 Norwegian energy firm Equinor
said on Tuesday it had submitted two bids in New
York's second offshore wind auction, following a deal it signed
with BP last month to cooperate on offshore wind in. . .
20/10 Oil gained more than 1% on
Tuesday on the prospect the United States was nearing a deal on
coronavirus relief, but the threat to demand from rising
COVID-19 cases worldwide and increased Libyan output. . .
20/10 The Brazilian government will
include China's Sinovac vaccine against COVID-19 in its
national immunization program, state governors said on Tuesday
after a meeting with the country's health minister, in addition
to one developed by AstraZeneca. . .
20/10 Italy's Atlantia
said it would give a consortium led by state lender Cassa
Depositi e Prestiti (CDP) until Oct. 27 to improve a bid for the
group's 88% stake in motorway business Autostrade per. . .
20/10 Italy's ruling 5-Star Movement
called on the head of defence and aerospace group Leonardo
to step down after he was found guilty of false
accounting in his previous role as chairman of Banca Monte. . .
20/10 A Milan court convicted three
former executives of Banca Monte dei Paschi di Siena
at the end of a long-running false accounting case on Thursday,
a result that could hinder Italy's bid to re-privatise. . .
20/10 Russians' real disposable income
fell 4.8% in year-on-year terms in the third quarter after its
sharpest plunge in 20 years in the preceding quarter, data
showed on Tuesday, highlighting Russia's lingering issue with
living standards.. . .
20/10 State-owned bank Monte dei Paschi
(MPS) is considering raising provisions for legal
risks after its former CEO and chairman were convicted last week
in a false accounting case, two sources familiar with the matter
said.. . .
20/10 London stocks closed higher on Tuesday as
investors remained hopeful of a trade deal with the European
Union by year-end, although gains were capped by concerns over
tougher coronavirus lockdowns in parts of England.. . .
20/10 European stocks fell on Tuesday as
worries about coronavirus curbs and BREXIT countered optimism
generated by strong earnings, including from Swiss bank UBS and
consumer giant Reckitt Benckiser.. . .
20/10 Copper prices hit 28-month highs
on Tuesday as expectations of robust demand from top consumer
China were reinforced by a lower dollar, as markets awaited the
outcome of fiscal stimulus talks in the United. . .
20/10 A significant number of fund
management companies authorised to operate in Ireland before
stricter regulations were introduced in 2017 have not yet fully
implemented the framework and some may face penalties, Ireland's
Central Bank said. . .
20/10 The European Union attracted
the highest demand ever for a bond sale on Tuesday at over 233
billion euros ($275 billion), bankers involved in the deal said,
as it kicked off fund raising for. . .
20/10 Bulgaria's finance ministry
expects the economy to contract by 3% this year following the
coronavirus pandemic and rebound in 2021 to grow by 2.5%, its
autumn macroeconomic forecast showed on Tuesday.. . .
20/10 The COVID-19 pandemic has boosted
business for Logitech International as people forced to
shun their workplaces splash out on its computer keyboards, mice
and webcams to kit out makeshift offices at home.. . .
20/10 European and U.S. oil
refineries face a wave of closures due to plateauing fuel
demand, tightening environmental rules and overseas competition,
prompting some owners to opt for an easier alternative -
converting plants to. . .
20/10 Record demand for the European
Union's first bond sale backing its funding spree to aid
coronavirus-hit member states highlighted the demand for safer
assets on Tuesday, while Italian yields rose to their highest in
more. . .
20/10 The world will have a smaller
airline industry as a result of the coronavirus crisis with many
privately funded carriers set to go under and governments
throwing "good money after bad" to keep national. . .
20/10 The Bank of England and the U.S.
Commodities and Futures Trading Commission (CFTC) said they had
signed a new agreement on Tuesday to cooperate on the
supervision of cross-border clearing of financial transactions.. . .
20/10 There is less than a 50% chance
of the European Union and Britain securing a Brexit trade deal
and London must move first before negotiations can progress, an
ally of German Chancellor Angela Merkel. . .
20/10 Reckitt Benckiser reported
a much bigger-than-expected rise in third-quarter sales on
Tuesday and raised its full-year outlook, as the coronavirus
pandemic lifts demand for cleaning products such as Dettol and
Lysol.. . .
20/10 The upcoming revamp of the
European Union's emissions trading system (ETS) should redirect
more revenues to poorer countries needing support to cut
greenhouse gas emissions, according to Poland, the EU's biggest
hard coal producer.. . .
20/10 The number of people registered
as unemployed in Portugal jumped 36% in September from a year
ago, with the tourism-dependent Algarve region suffering the
hardest blow as the coronavirus wiped out thousands of seasonal
jobs,. . .
20/10 World no. 1 gardening power
tools maker Husqvarna more than doubled quarterly
profits, helped by a pandemic-induced trend to stay at home, but
said it would cut jobs in production of petrol-driven tools as
it. . .
20/10 Daimler's Chief
Executive said China will remain Mercedes-Benz's biggest growth
market in the next decade and the German carmaker will adjust
production locations to capture shifts in demand as global trade
tensions continue to rise.. . .
20/10 Polish industrial output rose
faster than expected in September, statistics office data showed
on Tuesday, as a recovery in manufacturing boosted a recovery
that had shown signs of flattening.. . .
20/10 Logitech International
shares led Europe's gainers on Tuesday as the computer
peripherals maker reported a big jump in second-quarter profit
and again hiked its guidance amid a work-from-home boom.. . .
20/10 A shift to operating oil rigs
remotely from land, which has been accelerated by lower crude
prices, has rekindled concerns among Norwegian unions over the
impact on the safety of offshore workers and the. . .
20/10 Bangladesh garment factory owner
Shahidullah Azim laid off 20% of his workers in the wake of the
first wave of the coronavirus pandemic. Now watching the second
wave build in Europe and the United. . .
20/10 Homebuilder Bellway said on
Tuesday it had seen a strong start to its new financial year and
was resuming dividend payments thanks to a recovery in the
housing market following this year's coronavirus-driven halt. . .
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