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16 Jun UPDATE 1-Taylor Wimpey launches $626 mln share sale, to resume dividends in 2021

Posted at 16:46h in News by KMFSLLP 0 Comments

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Builder Taylor Wimpey said on Wednesday it intends to resume dividends in 2021 and launched a share sale to raise about 500 million pounds ($626 million), as it looks to take advantage of a fall in land prices due to the COVID-19 crisis.

16 Jun WRAPUP 2-U.S. homebuilding rises moderately; jump in permits hints at green shoots

Posted at 16:36h in News by KMFSLLP 0 Comments

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U.S. homebuilding increased less than expected in May, but a strong rebound in permits for future home construction suggested the housing market was starting to emerge from the COVID-19 crisis along with the broader economy.

16 Jun UPDATE 2-European shares rise for second day on hopes of more U.S. stimulus

Posted at 16:25h in News by KMFSLLP 0 Comments

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* PostNL jumps on raising FY outlook (Adds comments, updates prices to close)

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16 Jun Powell repeats Fed to use full range of tools to aid economy

Posted at 16:21h in News by KMFSLLP 0 Comments

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With a full U.S. economic recovery out of reach until the coronavirus pandemic is brought to heel, the Federal Reserve will use its "full range of tools" to cushion households and businesses, Fed Chair Jerome Powell told lawmakers on Wednesday.

16 Jun CORRECTED-UPDATE 1-French court finds Bashar al-Assad’s uncle guilty of property fraud

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

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The exiled uncle of Syrian President Bashar al-Assad was found guilty on Wednesday of acquiring millions of euros worth of French property using funds diverted from the Syrian state, and sentenced to four years in prison.

16 Jun Taylor Wimpey launches $626 mln share sale, to resume dividends in 2021

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

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16 Jun Vietnam targets China manufacturers after EU trade green light

Posted at 15:58h in News by KMFSLLP 0 Comments

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High hopes for textile and apparel exports as Hanoi gives pact unanimous backing

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16 Jun Insider-trading investigation against U.S. senator dismissed

Posted at 15:52h in News by KMFSLLP 0 Comments

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The U.S. Senate Ethics Committee has cleared Senator Kelly Loeffler of wrongdoing in connection with stock trades, her office said on Wednesday, after the wealthy Republican - who is in a tough election race - was criticized over share sales during the coronavirus outbreak.

16 Jun UK pensions/superfunds: the crunch bunch

Posted at 15:40h in News by KMFSLLP 0 Comments

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Outlook has deteriorated for weak sponsoring employers with underfunded schemes

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16 Jun Pharma groups to ramp up output of virus drug dexamethasone

Posted at 15:35h in News by KMFSLLP 0 Comments

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Cheap generic drug is first to significantly cut mortality in patients with severe symptoms

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News

16 Jun UPDATE 1-Taylor Wimpey launches $626 mln share sale, to resume dividends in 2021

16 Jun WRAPUP 2-U.S. homebuilding rises moderately; jump in permits hints at green shoots

16 Jun UPDATE 2-European shares rise for second day on hopes of more U.S. stimulus

16 Jun Powell repeats Fed to use full range of tools to aid economy

16 Jun CORRECTED-UPDATE 1-French court finds Bashar al-Assad’s uncle guilty of property fraud

16 Jun Taylor Wimpey launches $626 mln share sale, to resume dividends in 2021

16 Jun Vietnam targets China manufacturers after EU trade green light

16 Jun Insider-trading investigation against U.S. senator dismissed

16 Jun UK pensions/superfunds: the crunch bunch

16 Jun Pharma groups to ramp up output of virus drug dexamethasone

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