Posted at 13:09h
in
News
by KMFSLLP
British money manager Neil Woodford
faced further pressure on Tuesday after retail platform Fidelity
International stopped its customers from making new investments
in one of his smaller funds.
...
Posted at 12:45h
in
News
by KMFSLLP
Swedbank's
proposed new chairman Goran Persson hopes a new chief executive
for the beleaguered bank can be appointed at "end of autumn", he
told Dagens Industri TV in an interview on Tuesday.
...
Posted at 12:35h
in
News
by KMFSLLP
Swiss bourses face losing
direct access to EU investors from July 1, as the European
Commission reported on Tuesday that talks with Bern over a new
partnership treaty had failed to progress.
...
Posted at 12:32h
in
News
by KMFSLLP
U.S. Treasury yields fell in
early U.S. trading on Tuesday as global bond markets rallied on
comments from European Central Bank chief Mario Draghi hinting
at more possible stimulus if regional inflation fails to pick up
towards its target.
Posted at 12:12h
in
News
by KMFSLLP
Britain has become increasingly
reliant since the 2016 Brexit referendum on "flighty" foreign
funding that could be withdrawn at short notice, a Bank of
England official said on Tuesday.
...
Posted at 12:09h
in
News
by KMFSLLP
Activist investor Land & Buildings
Investment Management LLC said on Tuesday a C$1.74 billion
go-private offer for Hudson's Bay Co from chairman and
other shareholders would likely not receive majority approval of
remaining shareholders.
Posted at 12:07h
in
News
by KMFSLLP
* Trump: weaker euro is unfair advantage for the euro zone
(Adds Trump)
...
Posted at 12:04h
in
News
by KMFSLLP
The Berlin Senate on Tuesday
approved a five-year rent freeze designed to tame soaring
housing costs in the German capital, bowing to pressure from
residents angry that their city has become unaffordable.
Posted at 11:59h
in
News
by KMFSLLP
* Shares up 2.6% in U.S. pre-market trading
(Adds Facebook pre-market share prices, Swiss regulator and
European lawmaker comments)
...
Posted at 11:54h
in
News
by KMFSLLP
Sri Lankan shares dropped to a
one-week low on Tuesday as foreign investors exited from the
island nation's risky assets, while the rupee ended weaker on
dollar demand from importers.
** The benchmark stock index ended 0.17% weaker at
5,375.60, its lowest close since June 11. The bourse rose 1.61%
last...