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News

03 Jun Pandemic has focused minds on China, says GCHQ chief

Posted at 17:08h in News by KMFSLLP 0 Comments

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Jeremy Fleming’s comments come at tense moment in the relationship between London and Beijing

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03 Jun UPDATE 1-FCA to face checks, sanctions on state-backed loan

Posted at 16:57h in News by KMFSLLP 0 Comments

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Fiat Chrysler will file regular reports on its use of a multi-billion euro state-backed loan which Italy is set to approve soon and will face sanctions if it does not respect commitments attached to the package, the economy minister said.

03 Jun Nasdaq head says SEC needs to address overseas accounting issues

Posted at 16:27h in News by KMFSLLP 0 Comments

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Regulators need to address transparency and accounting issues at companies based in foreign jurisdictions that are looking to go public through the U.S. markets, Nasdaq Inc Chief Executive Adena Friedman said on Thursday.

03 Jun UPDATE 4-ECB gives another shot of stimulus as economy reels

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

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* 8.7% euro zone GDP contraction seen this year (Adds detail)

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03 Jun UPDATE 2-European stocks pause after rally, ECB stimulus boosts banks

Posted at 16:09h in News by KMFSLLP 0 Comments

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* Adidas sees faster recovery in greater China (Updates with ECB details, market move)

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03 Jun UPDATE 1-U.S. working with manufacturers to boost flu vaccine availability, top official says

Posted at 16:08h in News by KMFSLLP 0 Comments

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The U.S. government is working with drugmakers to maximize availability of influenza vaccines, worried that a substantial flu season on top of another wave of the novel coronavirus could swamp the healthcare system this fall, a top U.S. health official said on Thursday.

03 Jun UK leaves door open to imports of US chlorine-washed chicken

Posted at 16:04h in News by KMFSLLP 0 Comments

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Plan would include tariffs to protect British farmers as part of effort to secure trade deal

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03 Jun UPDATE 1-Lebanon aims to unify financial loss figures next week

Posted at 15:59h in News by KMFSLLP 0 Comments

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Lebanon will agree next week on unified figures for losses in its financial system, the presidency said, seeking to reconcile different approaches taken by the government and central bank that have complicated IMF negotiations.

03 Jun UPDATE 3-Euro jumps to new three-month highs, Italy bonds rally as ECB revs up stimulus

Posted at 15:53h in News by KMFSLLP 0 Comments

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* Junk bond purchases "not discussed", Lagarde says (Updates prices to close, move in euro)

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03 Jun U.S. Chapter 11 bankruptcy filings surge in May

Posted at 15:38h in News by KMFSLLP 0 Comments

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U.S. commercial bankruptcy filings under Chapter 11 of the U.S. Bankruptcy Code jumped in May by 48% from year earlier, marking an initial wave of insolvencies arising from the business disruptions triggered by the COVID-19 pandemic, the American Bankruptcy Institute said on Thursday.

News

03 Jun Pandemic has focused minds on China, says GCHQ chief

03 Jun UPDATE 1-FCA to face checks, sanctions on state-backed loan

03 Jun Nasdaq head says SEC needs to address overseas accounting issues

03 Jun UPDATE 4-ECB gives another shot of stimulus as economy reels

03 Jun UPDATE 2-European stocks pause after rally, ECB stimulus boosts banks

03 Jun UPDATE 1-U.S. working with manufacturers to boost flu vaccine availability, top official says

03 Jun UK leaves door open to imports of US chlorine-washed chicken

03 Jun UPDATE 1-Lebanon aims to unify financial loss figures next week

03 Jun UPDATE 3-Euro jumps to new three-month highs, Italy bonds rally as ECB revs up stimulus

03 Jun U.S. Chapter 11 bankruptcy filings surge in May

KM Financial Solutions LLP

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