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News

18 May UK unemployment claims rise by highest rate on record

Posted at 08:20h in News by KMFSLLP 0 Comments

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Hiring grinds to a halt and average pay falls between March and April as pandemic hits economy

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18 May Malaysian state cargo carrier profits from soaring demand for medical gloves

Posted at 08:19h in News by KMFSLLP 0 Comments

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Malaysia's state-owned cargo carrier MAB Kargo has seen "impressive" profits since February, its CEO told Reuters, helped by the country's role as the world's biggest producer of medical gloves.

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18 May Slow recovery in markets seen as COVID-19 risks persist, cash still king – BofA survey

Posted at 08:09h in News by KMFSLLP 0 Comments

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Investors are bearish on stocks, especially riskier assets, and expect a slower economic recovery as the risk of a second wave of infections from the novel coronavirus persists, a BofA fund manager survey showed.

18 May CORRECTED-UPDATE 1-Switzerland’s Sunrise, French-owned Salt link up in $3 bln broadband JV

Posted at 08:04h in News by KMFSLLP 0 Comments

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Swiss telecoms operator Sunrise Communications Group and French billionaire Xavier Niel's Salt Mobile on Tuesday pledged to invest up to 3 billion Swiss francs ($3.09 billion) in a broadband partnership aimed at reaching 1.5 million homes by 2027.

18 May U.S. overtakes China as most attractive country for renewables investment -research

Posted at 08:00h in News by KMFSLLP 0 Comments

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The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday.

18 May UPDATE 2-Sony to take full control of listed financial arm for $3.7 bln

Posted at 07:56h in News by KMFSLLP 0 Comments

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* Offers Y2,600 per Sony Financial share, 26% over Monday's close

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18 May UPDATE 2-Trading spike helps Julius Baer beat forecasts in January to April

Posted at 07:56h in News by KMFSLLP 0 Comments

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* Shares jump as gross margin beats expectations (Adds market reaction)

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18 May China expected to keep lending benchmark unchanged – analysts

Posted at 07:54h in News by KMFSLLP 0 Comments

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China is expected to stand pat on its benchmark lending rate on Wednesday, after the central bank kept medium-term funding cost for financial institutions steady last week, a Reuters survey of traders and analysts found.

18 May UK sets out post-Brexit tariff regime

Posted at 07:53h in News by KMFSLLP 0 Comments

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Price of food and cars from Europe will rise sharply if transition period ends without EU-UK trade deal

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18 May Thyssenkrupp CEO: no taboos in steel consolidation plans

Posted at 07:42h in News by KMFSLLP 0 Comments

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Thyssenkrupp's CEO on Tuesday said there were no taboos in plans to consolidate its steel unit, with options ranging from selling a majority to buying peers.

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News

18 May UK unemployment claims rise by highest rate on record

18 May Malaysian state cargo carrier profits from soaring demand for medical gloves

18 May Slow recovery in markets seen as COVID-19 risks persist, cash still king – BofA survey

18 May CORRECTED-UPDATE 1-Switzerland’s Sunrise, French-owned Salt link up in $3 bln broadband JV

18 May U.S. overtakes China as most attractive country for renewables investment -research

18 May UPDATE 2-Sony to take full control of listed financial arm for $3.7 bln

18 May UPDATE 2-Trading spike helps Julius Baer beat forecasts in January to April

18 May China expected to keep lending benchmark unchanged – analysts

18 May UK sets out post-Brexit tariff regime

18 May Thyssenkrupp CEO: no taboos in steel consolidation plans

KM Financial Solutions LLP

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