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News

04 Jun GRAPHIC-Tech drives Nasdaq to all-time high as signs of recovery emerge from coronavirus pandemic

Posted at 20:56h in News by KMFSLLP 0 Comments

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The heavyweight technology and growth stocks that drove Wall Street higher in recent years are again fueling a surge that has taken the Nasdaq from a brutal selloff to an intraday record high in just 11 weeks, as investors look beyond the economic upheaval caused by the coronavirus.

04 Jun UPDATE 2-Brazil’s real surges through 5.00 per dollar, chalks up best week since 2008

Posted at 20:35h in News by KMFSLLP 0 Comments

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Brazil's real surged on Friday through 5.00 per dollar for the first time since March, sealing its biggest weekly rise in nearly 12 years after surprisingly strong U.S. employment data sparked a buying spree in riskier, beaten down assets.

04 Jun Vatican arrests Italian in investigation of London real estate deal

Posted at 20:00h in News by KMFSLLP 0 Comments

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Vatican police on Friday arrested Gianluigi Torzi, an Italian middleman who was part of a deal in which the Vatican purchased a luxury building in London as an investment.

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04 Jun UPDATE 1-Intesa gets ECB nod for UBI takeover, waives COVID-19 clause

Posted at 19:42h in News by KMFSLLP 0 Comments

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* Merger to lead to higher loan loss provisions, cost cuts (Adds details)

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04 Jun BBC picks head of studios Tim Davie to be next director-general

Posted at 19:12h in News by KMFSLLP 0 Comments

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New boss will replace Tony Hall in September as broadcaster faces big financial challenges

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04 Jun UPDATE 2-Miguel McKelvey, co-founder of WeWork with Adam Neumann, to leave company

Posted at 19:02h in News by KMFSLLP 0 Comments

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WeWork's Miguel McKelvey, who co-founded the troubled office-sharing start-up with Adam Neumann, will leave the company at the end of June.

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04 Jun Sunak pushes back stimulus plan until autumn

Posted at 18:53h in News by KMFSLLP 0 Comments

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Expectations for an emergency summer Budget are lowered by the Treasury

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04 Jun Donald Trump says Warren Buffett makes a mistake selling airline stocks

Posted at 18:47h in News by KMFSLLP 0 Comments

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U.S. President Donald Trump on Friday said Warren Buffett, often regarded as the world's greatest investor, made a mistake by recently exiting a multi-billion dollar investment in the airline industry.

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04 Jun UPDATE 1-Virtual certainty? Bankers ask if success of remote roadshows will last

Posted at 18:43h in News by KMFSLLP 0 Comments

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Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of new shares on the stock exchange?

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04 Jun Intesa gets ECB nod for UBI takeover, waives ‘MAC’ clause

Posted at 18:25h in News by KMFSLLP 0 Comments

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Italian bank Intesa Sanpaolo said on Friday it had received European Central Bank authorisation to take over smaller rival UBI Banca, adding it was waiving a clause that would have allowed it to drop the deal due to COVID-19.

News

04 Jun GRAPHIC-Tech drives Nasdaq to all-time high as signs of recovery emerge from coronavirus pandemic

04 Jun UPDATE 2-Brazil’s real surges through 5.00 per dollar, chalks up best week since 2008

04 Jun Vatican arrests Italian in investigation of London real estate deal

04 Jun UPDATE 1-Intesa gets ECB nod for UBI takeover, waives COVID-19 clause

04 Jun BBC picks head of studios Tim Davie to be next director-general

04 Jun UPDATE 2-Miguel McKelvey, co-founder of WeWork with Adam Neumann, to leave company

04 Jun Sunak pushes back stimulus plan until autumn

04 Jun Donald Trump says Warren Buffett makes a mistake selling airline stocks

04 Jun UPDATE 1-Virtual certainty? Bankers ask if success of remote roadshows will last

04 Jun Intesa gets ECB nod for UBI takeover, waives ‘MAC’ clause

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