Posted at 13:11h
in
News
by KMFSLLP
U.S. Democratic presidential
candidate Michael Bloomberg on Tuesday will unveil his plan to
overhaul the U.S. financial industry by taxing financial
transactions and strengthening consumer protections, the New
York Times reported.
...
Posted at 13:06h
in
News
by KMFSLLP
Any new owner of
Thyssenkrupp's prized elevator unit not only has to
provide guarantees for jobs and sites but also commit to
co-determination structures and investments to keep the business
future-proof, Germany's largest union said.
Posted at 13:02h
in
News
by KMFSLLP
Asset manager Franklin Resources Inc
said on Tuesday it would buy mutual fund company Legg
Mason Inc in an all-cash deal valued at $4.5 billion, to
create an investing giant with about $1.5 trillion in assets
under management.
Posted at 12:56h
in
News
by KMFSLLP
China will cut some pension
contributions and insurance fees to help companies cope with the
coronavirus, while firms in Hubei province, the epicentre of the
outbreak, won't have to pay pensions, jobless and work-injury
insurance until June.
Posted at 12:53h
in
News
by KMFSLLP
U.S. stock index futures dropped on
Tuesday as investors returned from a long weekend to a sales
warning from Apple Inc that highlighted the impact of the
coronavirus outbreak on global supply chains.
Posted at 12:44h
in
News
by KMFSLLP
* Share price eases
(Adds CEO comment, detail on oil and gas production)
...
Posted at 12:34h
in
News
by KMFSLLP
Asset manager Franklin Resources Inc
said on Tuesday it would buy mutual fund company Legg
Mason Inc in an all-cash deal valued at $4.5 billion,
including debt.
...
Posted at 12:33h
in
News
by KMFSLLP
Traffic was gridlocked in parts
of Athens on Tuesday as transport workers joined a strike over
planned pension reforms, while thousands marched peacefully
through the city centre demanding the draft law be scrapped.
Posted at 12:21h
in
News
by KMFSLLP
HSBC could be forced to take $600
million in additional provisions against loan losses if the
Coronavirus outbreak persists into the second half of this year,
Chief Financial Officer Ewan Stevenson said on Tuesday.
Posted at 12:05h
in
News
by KMFSLLP
* Talks with regulators over shareholdings to start
(Recasts with investor conference)
...