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04 Jun Fed’s Powell scheduled for congressional appearances June 16-17

Posted at 21:53h in News by KMFSLLP 0 Comments

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Federal Reserve Chair Jerome Powell will testify before the U.S. Congress on June 16 and 17 in hearings on the central bank's semi-annual monetary policy report.

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04 Jun UK PM offers to accept EU tariffs on some goods to win trade deal – Daily Mail

Posted at 21:44h in News by KMFSLLP 0 Comments

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British Prime Minister Boris Johnson is willing to accept European Union tariffs on some British goods in an attempt to win a trade deal and break the deadlock in talks with the EU, the Daily Mail newspaper reported.

04 Jun UPDATE 1-PG&E Corp preparing $11 bln debt financing – investor

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

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California utility PG&E Corp is preparing an $11 billion debt-financing package as it prepares to exit from its bankruptcy, an investor involved with the company's funding plan said on Friday, sending its shares up more than 12%.

04 Jun UPDATE 2-Vatican arrests Italian in investigation of London real estate deal

Posted at 20:58h in News by KMFSLLP 0 Comments

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Vatican police on Friday arrested Gianluigi Torzi, an Italian middleman who was part of a controversial deal in which the Vatican used Church money to purchase a luxury building in London as an investment.

04 Jun GRAPHIC-Tech drives Nasdaq to all-time high as signs of recovery emerge from coronavirus pandemic

Posted at 20:56h in News by KMFSLLP 0 Comments

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The heavyweight technology and growth stocks that drove Wall Street higher in recent years are again fueling a surge that has taken the Nasdaq from a brutal selloff to an intraday record high in just 11 weeks, as investors look beyond the economic upheaval caused by the coronavirus.

04 Jun UPDATE 2-Brazil’s real surges through 5.00 per dollar, chalks up best week since 2008

Posted at 20:35h in News by KMFSLLP 0 Comments

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Brazil's real surged on Friday through 5.00 per dollar for the first time since March, sealing its biggest weekly rise in nearly 12 years after surprisingly strong U.S. employment data sparked a buying spree in riskier, beaten down assets.

04 Jun Vatican arrests Italian in investigation of London real estate deal

Posted at 20:00h in News by KMFSLLP 0 Comments

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Vatican police on Friday arrested Gianluigi Torzi, an Italian middleman who was part of a deal in which the Vatican purchased a luxury building in London as an investment.

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04 Jun UPDATE 1-Intesa gets ECB nod for UBI takeover, waives COVID-19 clause

Posted at 19:42h in News by KMFSLLP 0 Comments

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* Merger to lead to higher loan loss provisions, cost cuts (Adds details)

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04 Jun BBC picks head of studios Tim Davie to be next director-general

Posted at 19:12h in News by KMFSLLP 0 Comments

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New boss will replace Tony Hall in September as broadcaster faces big financial challenges

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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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News

04 Jun Fed’s Powell scheduled for congressional appearances June 16-17

04 Jun UK PM offers to accept EU tariffs on some goods to win trade deal – Daily Mail

04 Jun UPDATE 1-PG&E Corp preparing $11 bln debt financing – investor

04 Jun UPDATE 2-Vatican arrests Italian in investigation of London real estate deal

04 Jun GRAPHIC-Tech drives Nasdaq to all-time high as signs of recovery emerge from coronavirus pandemic

04 Jun UPDATE 2-Brazil’s real surges through 5.00 per dollar, chalks up best week since 2008

04 Jun Vatican arrests Italian in investigation of London real estate deal

04 Jun UPDATE 1-Intesa gets ECB nod for UBI takeover, waives COVID-19 clause

04 Jun BBC picks head of studios Tim Davie to be next director-general

04 Jun UPDATE 2-Miguel McKelvey, co-founder of WeWork with Adam Neumann, to leave company

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