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News

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.

04 Jun After U.S. jobs stunner, traders leave negative rate bets in the rear view

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

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Investors stopped pricing for the possibility that the Federal Reserve will adopt negative rates, after a surprisingly strong employment report on Friday boosted expectations that the worst of the economic downturn is in the past.

04 Jun Self-driving sector contends its cars can prevent many more crashes than insurance study says

Posted at 18:11h in News by KMFSLLP 0 Comments

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Companies working on self-driving vehicles have criticized an insurance industry study suggesting that only a third of all U.S. road crashes could be prevented by driverless cars, arguing that the study has underestimated the technology's capabilities.

04 Jun UK housing market nervously reopens for business

Posted at 18:10h in News by KMFSLLP 0 Comments

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Property sector fortunes matter because it is best gauge of consumer confidence in UK

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04 Jun Virus transmission starting to rise in England, scientists warn

Posted at 18:03h in News by KMFSLLP 0 Comments

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Study highlights regional differences with a rebound in infections most likely in north-west

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04 Jun PG&E preparing debt financing to exit bankruptcy-CNBC

Posted at 17:47h in News by KMFSLLP 0 Comments

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San Francisco-based utility PG&E Corp is preparing debt financing to exit bankruptcy, CNBC said on Friday citing a report.

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News

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

04 Jun After U.S. jobs stunner, traders leave negative rate bets in the rear view

04 Jun Self-driving sector contends its cars can prevent many more crashes than insurance study says

04 Jun UK housing market nervously reopens for business

04 Jun Virus transmission starting to rise in England, scientists warn

04 Jun PG&E preparing debt financing to exit bankruptcy-CNBC

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