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National Australia Bank launches $3.5bn capital raising as earnings hit by coronavirus

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NAB, which has large exposure to small and medium-sized business, reveals first-half profit down 51%

National Australia Bank has announced a $1bn hit to its bottom line and will seek to raise $3.5bn in new capital to bolster its balance sheet in the face of the Covid-19 crisis.

 

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Job losses, cancelled tours, delayed releases: the Australian books industry grapples with 'huge shock'In the weeks since the coronavirus crisis hit, Australia’s writers, publishers and booksellers have struggled to keep their heads above water Hang in there, Mate! this problam all over world sir Massiveparallelinfection
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