European companies told to come clean on coronavirus pain
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LONDON (Reuters) - 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.The European Securities and Markets Authority (ESMA) said that to provide relevant and reliable information, companies may need to use of the extra time allowed by national law to publish half-year results."ESMA also highlights the importance of..