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News

24 Feb UK insurers call for pension advice rethink

Posted at 00:02h in News by KMFSLLP 0 Comments

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Post-Brexit landscape offers chance to get rid of restrictive rules, says ABI

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24 Feb Gains in life expectancy stall after decade of austerity

Posted at 00:02h in News by KMFSLLP 0 Comments

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Leading expert draws ‘shocking’ link between social deprivation and health changes

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24 Feb British fintech Revolut hits $5.5 billion valuation after funding round

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Digital banking app Revolut has raised $500 million in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of $5.5 billion.

23 Feb UPDATE 1-Sachem Head builds stake in Olin Corp, plans proxy contest -filing

Posted at 23:34h in News by KMFSLLP 0 Comments

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Activist investment firm Sachem Head Capital Management has built a new stake in Olin Corporation and plans to nominate four directors, including the fund's founder, at this year's annual meeting.

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23 Feb UPDATE 1-Mastercard says coronavirus to hit first-quarter revenue

Posted at 23:29h in News by KMFSLLP 0 Comments

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Mastercard Inc said on Monday its net revenue in the first quarter will take a hit of between 2% and 3% over its previous forecast if the coronavirus outbreak persists through the quarter.

23 Feb UPDATE 1-U.S. still eyeing ways to curb sales to Huawei after Trump’s chipmaker comments -sources

Posted at 23:21h in News by KMFSLLP 0 Comments

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U.S. government officials are still considering ways to further curb sales to China's Huawei Technologies, despite President Donald Trump's tweets and comments last week in support of sales to China, according to people familiar with the matter.

23 Feb Citi, Credit Suisse among banks curbing Italy trips on coronavirus fears – sources

Posted at 23:13h in News by KMFSLLP 0 Comments

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Investment banks including Citigroup Inc, Credit Suisse and Nomura Holdings Inc have curbed trips to Italy on fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, four sources told Reuters.

23 Feb Europe’s top firms must double low-carbon investment – study

Posted at 23:01h in News by KMFSLLP 0 Comments

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Europe's top companies need to more than double their current level of spending on low-carbon projects to meet the European Commission's flagship goal of 'climate neutrality' by 2050, according to a report released on Tuesday.

23 Feb CORRECTED-Sachem Head builds stake in Olin Corp, plans proxy contest -filing

Posted at 22:59h in News by KMFSLLP 0 Comments

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Activist investment firm Sachem Head Capital Management has built a new stake in Olin Corporation and plans to nominate four directors, including the fund's founder, at this year's annual meeting.

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23 Feb UPDATE 2-Intuit to buy Credit Karma for $7.1 bln in cash-and-stock deal

Posted at 22:58h in News by KMFSLLP 0 Comments

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Intuit said on Monday it would buy privately held personal finance portal Credit Karma in a cash-and-stock deal for about $7.1 billion, as the TurboTax maker seeks to expand further into consumer finance.

News

24 Feb UK insurers call for pension advice rethink

24 Feb Gains in life expectancy stall after decade of austerity

24 Feb British fintech Revolut hits $5.5 billion valuation after funding round

23 Feb UPDATE 1-Sachem Head builds stake in Olin Corp, plans proxy contest -filing

23 Feb UPDATE 1-Mastercard says coronavirus to hit first-quarter revenue

23 Feb UPDATE 1-U.S. still eyeing ways to curb sales to Huawei after Trump’s chipmaker comments -sources

23 Feb Citi, Credit Suisse among banks curbing Italy trips on coronavirus fears – sources

23 Feb Europe’s top firms must double low-carbon investment – study

23 Feb CORRECTED-Sachem Head builds stake in Olin Corp, plans proxy contest -filing

23 Feb UPDATE 2-Intuit to buy Credit Karma for $7.1 bln in cash-and-stock deal

KM Financial Solutions LLP

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