Posted at 22:32h
in
News
by KMFSLLP
Financial services venture
capital firm Anthemis has raised $90 million for a new fund that
will invest in fast-growing insurance technology startups, the
company said on Thursday.
...
Posted at 22:28h
in
News
by KMFSLLP
Investors pulled a net $18.5 billion out
of U.S. stock mutual funds and exchange-traded funds in the week
ended Wednesday, the largest one-week retreat from the domestic
equity market since December, according to Lipper data released
Thursday.
Posted at 21:54h
in
News
by KMFSLLP
Canada's largest stock exchange operator,
TMX Group Ltd, experienced its second technical glitch in
less than two years on Thursday, resulting in the shutdown of
trading across three local bourses nearly two hours ahead of the
scheduled closing.
Posted at 21:47h
in
News
by KMFSLLP
The coronavirus epidemic has
prompted Australian firms to cut over $500 million from profit
forecasts in the current financial year, a Reuters analysis
showed, as a stock sell-off sparked by the outbreak wipes
billions of dollars from company valuations.
Posted at 21:46h
in
News
by KMFSLLP
U.S. equity funds saw outflows of $18.5
billion in the latest week, according to Lipper.
...
Posted at 21:34h
in
News
by KMFSLLP
Telecom Italia (TIM) on
Thursday picked KKR as an exclusive partner to develop
its ultra-broadband business, saying its board had taken
positive note of a non-binding proposal by the U.S. investment
firm.
...
Posted at 21:15h
in
News
by KMFSLLP
Australian shares are set to tumble on
Friday, tracking major U.S. stock indexes which briefly slipped
into correction territory overnight as fears mounted over the
rapid spread of the coronavirus across the globe.
Governments from Iran to Australia raced to contain the
outbreak's spread, with...
Posted at 20:43h
in
News
by KMFSLLP
Legal error gives Boris Johnson perfect reason to quietly drop scheme rather than reopen expansion plans
...
Posted at 20:37h
in
News
by KMFSLLP
* ECB will not be able to ignore though if problems persist
(Adds Lagarde, Holzmann, Lane comments)
...
Posted at 20:33h
in
News
by KMFSLLP
U.S.-based banks and brokers
are in discussions with federal regulators about allowing staff
to work from home and other business continuity arrangements
amid the spread of the coronavirus, the head of a top financial
trade group said on Thursday.