Posted at 15:03h
in
News
by KMFSLLP
PM promised ‘world-beating’ scheme by June 1 but tech glitches and disjointed planning have held it back
...
Posted at 15:00h
in
News
by KMFSLLP
British asset manager Jupiter Fund
Management said on Thursday shareholders had approved
its proposed acquisition of smaller rival Merian Global
Investors, with about 95% of votes cast in favour of the deal at
a general meeting.
Posted at 14:49h
in
News
by KMFSLLP
Italy raised a record 22.3
billion euros ($24.5 billion) from a BTP Italia inflation-linked
bond targeted at retail investors this week, outperforming the
last such issue in October and exceeding the already high
expectations for the new note.
Posted at 14:41h
in
News
by KMFSLLP
Unemployment payments jumped
to at least $16.2 billion in April, up more than five-fold from
February, as layoffs attributed to the coronavirus pandemic
swept through the economy.
...
Posted at 14:32h
in
News
by KMFSLLP
Morgan Stanley's Chief
Executive Officer James Gorman told shareholders at its annual
meeting on Thursday that it is too early for him or the board of
directors to consider reinstating bank's share buy back program.
Posted at 14:05h
in
News
by KMFSLLP
The U.S. unemployment rate is
likely to get worse before it gets better, and it is difficult
to know what the economic recovery will look like, New York
Federal Reserve Bank President John Williams said Thursday.
Posted at 14:01h
in
News
by KMFSLLP
* Group's profit drops 16.8% for full yr ended March
(Adds interview details)
...
Posted at 14:00h
in
News
by KMFSLLP
U.S. home sales logged their
biggest drop in nearly 10 years in April as the novel
coronavirus pandemic upended the labor market and broader
economy, undercutting demand for housing.
...
Posted at 13:58h
in
News
by KMFSLLP
Kenya's biggest bank by assets,
KCB Group, has restructured more than 110 billion
shillings ($1 billion) of its loans to customers and up to a
quarter of its book could be affected by mid-June, its chief
executive told Reuters.
Posted at 13:41h
in
News
by KMFSLLP
* Ruling party wants state lender to buy Milan bourse from
LSE
...