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News

16 Jun BP raises $12bn in wake of multibillion-dollar writedown

Posted at 22:19h in News by KMFSLLP 0 Comments

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UK oil major locked in low interest rates as it looked to fortify its balance sheet

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16 Jun Australia shares set to open lower, NZ rises in early trade

Posted at 22:10h in News by KMFSLLP 0 Comments

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Australian shares are set to open lower on Thursday as a rise in coronavirus cases globally weighs on sentiment, while weaker iron ore and oil prices will likely hurt index heavyweights. Virus-led restrictions were extended in Beijing as it fought the worst resurgence of the disease...

16 Jun Argentina will not renew NDAs with creditors over debt restructuring -govt source

Posted at 21:51h in News by KMFSLLP 0 Comments

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Argentina will not extend confidentiality agreements with creditors due to expire on Wednesday, a government official told Reuters, suggesting last ditch talks have wrapped up as the government races to strike a deal to restructure around $65 billion in debt.

16 Jun UPDATE 2-Brazil’s Petrobras expects to sell stake in fuel distributor in 2nd half, sources say

Posted at 21:44h in News by KMFSLLP 0 Comments

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Brazilian state-controlled oil company Petroleo Brasileiro SA is resuming plans to unload its remaining stake in the country's top gas station operator, Petrobras Distribuidora SA, two people with knowledge of the matter said.

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16 Jun Unemployment payments backlog draws hundreds to Kentucky’s capital

Posted at 21:33h in News by KMFSLLP 0 Comments

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Hundreds of people who lost jobs during the coronavirus crisis but have been unable to get their unemployment insurance checks converged at the Kentucky's Capitol in Frankfort early Wednesday to seek in-person help.

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16 Jun ‘Medicaid best price’ changes aimed at value-based gene therapy contracts -U.S. agency

Posted at 20:26h in News by KMFSLLP 0 Comments

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Proposed changes to requirements that state-run Medicaid programs are given the best drug prices would clear the way for commercial health insurers to enter into "value-based" payment schemes, the U.S. Centers for Medicare & Medicaid Services said on Wednesday.

16 Jun UPDATE 2-Fed’s Powell beats drum for more government aid to bolster economy

Posted at 20:16h in News by KMFSLLP 0 Comments

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The U.S. economy is beginning to recover from the worst of the coronavirus crisis, but with some 25 million Americans displaced from work and the pandemic ongoing, it will need more help, Federal Reserve Chair Jerome Powell told lawmakers on Wednesday.

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16 Jun REFILE-Americans face new coronavirus challenge: a shortage of coins

Posted at 20:11h in News by KMFSLLP 0 Comments

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Banks across the United States are facing a shortage of coins during coronavirus crisis, prompting the U.S. Federal Reserve to ration distribution and work with the U.S. Mint to boost supply.

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16 Jun Canadian province Alberta to study forming own pension plan, police force

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The Canadian province of Alberta will study replacing the Canada Pension Plan (CPP) with a provincial plan and establishing a provincial police force, Premier Jason Kenney said on Wednesday after a panel recommended it adopt the ideas.

16 Jun UK criticised for trying to revisit feta and champagne in Brexit talks

Posted at 19:19h in News by KMFSLLP 0 Comments

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EU’s chief negotiator says Britain wants to reopen deal to protect speciality foods

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News

16 Jun BP raises $12bn in wake of multibillion-dollar writedown

16 Jun Australia shares set to open lower, NZ rises in early trade

16 Jun Argentina will not renew NDAs with creditors over debt restructuring -govt source

16 Jun UPDATE 2-Brazil’s Petrobras expects to sell stake in fuel distributor in 2nd half, sources say

16 Jun Unemployment payments backlog draws hundreds to Kentucky’s capital

16 Jun ‘Medicaid best price’ changes aimed at value-based gene therapy contracts -U.S. agency

16 Jun UPDATE 2-Fed’s Powell beats drum for more government aid to bolster economy

16 Jun REFILE-Americans face new coronavirus challenge: a shortage of coins

16 Jun Canadian province Alberta to study forming own pension plan, police force

16 Jun UK criticised for trying to revisit feta and champagne in Brexit talks

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