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11 May Allianz Q1 net profit down 29% as coronavirus outbreak damps business

Posted at 05:06h in News by KMFSLLP 0 Comments

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German insurer Allianz on Tuesday said it posted a 29% fall in net profit in the first quarter from a year earlier, as the coronavirus outbreak slows business.

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11 May UK on the horns of a dilemma in US trade talks

Posted at 04:00h in News by KMFSLLP 0 Comments

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They show Brussels that London has trade options but risk killing ‘Global Britain’ agenda

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11 May The wealthy should welcome an opportunity to reduce inequality

Posted at 03:00h in News by KMFSLLP 0 Comments

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Covid-19 has thrown the gap between the rich and not-rich into sharp focus — the time has come to take action

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11 May KCom to be carved up by new owner Macquarie

Posted at 03:00h in News by KMFSLLP 0 Comments

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Australian fund looking at options for independent Yorkshire-focused telecoms group

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11 May UPDATE 1-Kuroda says Bank of Japan will do ‘whatever it can’ to beat pandemic fallout

Posted at 01:52h in News by KMFSLLP 0 Comments

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* Outlook highly uncertain, dependent on when pandemic contained

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11 May Australia shares drop 1% as risk of second COVID-19 wave weighs

Posted at 01:40h in News by KMFSLLP 0 Comments

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Australian shares retreated on Tuesday, with the mining index leading the losses, as a second wave of coronavirus infections in several parts of the world kept investors on edge.

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11 May BOJ’s Kuroda says near-term focus will be to ease funding strains

Posted at 01:34h in News by KMFSLLP 0 Comments

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Bank of Japan Governor Haruhiko Kuroda said on Tuesday the near-term focus of monetary policy would be on easing corporate funding strains and stabilising financial markets.

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11 May CORRECTED-WeWork directors seek to preserve right to sue owner SoftBank

Posted at 01:03h in News by KMFSLLP 0 Comments

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A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues legal action against majority owner SoftBank Group Corp over an abandoned $3 billion tender offer for the office space-sharing start-up.

11 May UPDATE 1-Virgin Australia has 19 potential buyers in data room -administrator

Posted at 00:49h in News by KMFSLLP 0 Comments

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* Airline has 117 leased planes and engines (Adds details of potential buyers, interim funding needs)

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11 May Australia’s Victoria state to reopen classrooms earlier than expected

Posted at 00:28h in News by KMFSLLP 0 Comments

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Australia's second-most populous state will resume face-to-face teaching from May 27, weeks earlier than expected, after a school shutdown to halt the spread of the new coronavirus, Premier Daniel Andrews said on Tuesday.

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News

11 May Allianz Q1 net profit down 29% as coronavirus outbreak damps business

11 May UK on the horns of a dilemma in US trade talks

11 May The wealthy should welcome an opportunity to reduce inequality

11 May KCom to be carved up by new owner Macquarie

11 May UPDATE 1-Kuroda says Bank of Japan will do ‘whatever it can’ to beat pandemic fallout

11 May Australia shares drop 1% as risk of second COVID-19 wave weighs

11 May BOJ’s Kuroda says near-term focus will be to ease funding strains

11 May CORRECTED-WeWork directors seek to preserve right to sue owner SoftBank

11 May UPDATE 1-Virgin Australia has 19 potential buyers in data room -administrator

11 May Australia’s Victoria state to reopen classrooms earlier than expected

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