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17 Jun UPDATE 6-Wirecard scrambles to find missing $2.1 billion as loan crunch looms

Posted at 16:43h in News by KMFSLLP 0 Comments

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* Creditors could call in loans as soon as Friday (Adds personnel change, paragraph 5)

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17 Jun Italy court acquits former Seat Pagine Gialle board members, auditors

Posted at 16:40h in News by KMFSLLP 0 Comments

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An Italian court on Thursday acquitted 15 former board members and internal auditors of directories firm Seat Pagine Gialle in a trial over allegations of fraudulent bankruptcy, according to a lawyer representing two of the defendants.

17 Jun Portugal pushes ahead with plans for state-owned development bank

Posted at 16:24h in News by KMFSLLP 0 Comments

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Portugal's government approved on Thursday plans to create a state-owned development bank to channel funds into certain companies and sectors to bolster the economy.

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17 Jun Scotland takes cautious line on virus lockdown easing

Posted at 16:12h in News by KMFSLLP 0 Comments

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Pressure grows on SNP to go faster amid increasing concern about economy

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17 Jun Trump to nominate lawyer Crenshaw to serve as Democratic SEC commissioner

Posted at 16:11h in News by KMFSLLP 0 Comments

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The White House announced Thursday that President Donald Trump intends to nominate Caroline Crenshaw to fill a Democratic vacancy at the Securities and Exchange Commission.

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17 Jun UPDATE 2-European shares end lower on second wave concerns

Posted at 16:09h in News by KMFSLLP 0 Comments

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* Zalando jumps as pandemic boosts online shopping (Adds comments; updates prices to closes)

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17 Jun Startup led by ex-Goldman Sachs HR chief launches diversity and inclusion index

Posted at 16:00h in News by KMFSLLP 0 Comments

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Eskalera, a technology startup led by Goldman Sachs former human resources head Dane Holmes, has launched an index to measure corporate diversity and inclusiveness, the firm said on Thursday.

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17 Jun UPDATE 2-Euro zone bond yields drop after record TLTRO take-up

Posted at 15:59h in News by KMFSLLP 0 Comments

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* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Rewrites headline and throughout to reflect move in prices)

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17 Jun Wirecard investor DWS says has sold down position, considering legal action

Posted at 15:57h in News by KMFSLLP 0 Comments

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Asset manager DWS, the fund management arm of Deutsche Bank, said it has further sold down its position in embattled German technology company Wirecard and was considering legal action.

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17 Jun English shoppers’ return points to a gradual retail recovery

Posted at 15:56h in News by KMFSLLP 0 Comments

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Footfall and customer spending remain well below pre-lockdown levels

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News

17 Jun UPDATE 6-Wirecard scrambles to find missing $2.1 billion as loan crunch looms

17 Jun Italy court acquits former Seat Pagine Gialle board members, auditors

17 Jun Portugal pushes ahead with plans for state-owned development bank

17 Jun Scotland takes cautious line on virus lockdown easing

17 Jun Trump to nominate lawyer Crenshaw to serve as Democratic SEC commissioner

17 Jun UPDATE 2-European shares end lower on second wave concerns

17 Jun Startup led by ex-Goldman Sachs HR chief launches diversity and inclusion index

17 Jun UPDATE 2-Euro zone bond yields drop after record TLTRO take-up

17 Jun Wirecard investor DWS says has sold down position, considering legal action

17 Jun English shoppers’ return points to a gradual retail recovery

KM Financial Solutions LLP

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