* Salesforce falls after slashing profit, revenue outlook. * Trump expected to hold news conference on Friday. * Fed Chair Powell to speak at a public webcast. * Futures: Dow falls 0.59%, S&P slips 0.38%, Nasdaq flat. By Medha Singh.
Laurentian Bank of Canada (LRCDF): * Laurentian Bank of Canada (LRCDF) - APPROVED REDUCTION OF QUARTERLY DIVIDEND ON ITS COMMON SHARES BY $0.27 OR 40% Source text for Eikon: Further company coverage:
Norway and Denmark will resume free travel between the two Nordic countries from June 15, Norway's Prime Minister said on Friday. "We can't make a too sudden opening that would jeopardise everything we've accomplished," Erna Solberg told a news conference. The travel zone does not include Scandinavian neighbour Sweden, where the number of COVID-19 infections is higher.
Brazil's economy contracted by 1.5% in the first quarter of the year, government statistics agency IBGE said on Friday, as the coronavirus outbreak in March triggered the steepest quarterly drop in almost five years. The decline of Brazil's gross domestic product from the prior quarter was in line with the median forecast in a Reuters poll.
As coronavirus lockdowns disrupt food supply chains and shuttered restaurants curb demand for some of their produce, Belgium's farmers are grappling with another crisis - drought. Belgium is facing its driest May since the 19th century, with conditions that have stunted crop growth and cut yields in the agricultural province of West Flanders.
Rexford Industrial Realty Inc (REXR): * REXFORD INDUSTRIAL ACQUIRES INDUSTRIAL PROPERTY FOR $14.5 MILLION. * Rexford Industrial Realty Inc (REXR) - ACQUISITION WAS FUNDED USING CASH ON HAND Source text for Eikon: Further company coverage:
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Joice Alves. The pound fell to a two-month low against a broadly strong euro on Friday ahead of a new round of Brexit talks next week, but it recovered a little against a weaker dollar.
Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington's response to China tightening control over the city of Hong Kong. China's parliament on Thursday pressed ahead with national security legislation for the city, raising fears over the future of its freedoms and its function as a finance hub.
The Norwegian government proposes spending 3.6 billion Norwegian crowns on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on Friday. "The crisis we are now in hasn't made the need for transformation smaller - it has increased it," Prime Minister Erna Solberg told a news conference.
Kite Realty Group Trust (KRG): * Kite Realty Group Trust (KRG) - IMPLEMENTATION OF ITS RE-OPENING RESOURCES PROGRAM. * Kite Realty Group Trust (KRG) - EFFORTS UNDERWAY INCLUDE CONTACTLESS LOCKER SYSTEMS Source text for Eikon: Further company coverage:
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