European companies told to come clean on coronavirus pain

LONDON - Listed companies in the European Union should state the uncertainties they face due to the coronavirus pandemic in their half-yearly reports and explain why they can stay in business, the bloc’s securities watchdog said on Wednesday.

“ESMA also highlights the importance of providing information on the identification of the principal risks and uncertainties to which issuers are exposed,” it said in a statement. Companies should also spell out conditions attached to any relief measures they have accepted from governments and regulators during the pandemic, it said.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These 7 companies are rallying for health workers on COVID-19’s front lineThese 7 companies are working to fight the spread of COVID-19 — and find a cure. Story from NYSE NYSE Joe Biden helped lead the economic recovery which resulted in one of the strongest economies in America's HISTORY. Vote for Joe Biden to protect our country, our families, and for our country to be PREPARED for the NEXT pandemic. Vote NYSE Thanks to these 7 companies who along with the Drs,Nurses & all other Heath providers who appreciate the problems brought about with this major virus has done to all of us. NYSE Spain is fed up.
Source: USATODAY - 🏆 100. / 63 Read more »