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News

07 Nov UPDATE 2-European shares break 5-day winning run as Trump dampens trade talk hopes

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

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* Spanish stocks end lower ahead of parliamentary elections (Updates prices)

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07 Nov WeWork, ex-CEO Neumann, Softbank sued over botched IPO, plummeting value

Posted at 17:13h in News by KMFSLLP 0 Comments

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WeWork officials, including co-founder and former Chief Executive Adam Neumann, are being sued by minority shareholders to recoup losses as the shared workspace provider pulled its initial public offering and saw its value plunge more than 87%.

07 Nov UPDATE 1-Bluegem Capital buys back UK retailer Mamas & Papas – administrator

Posted at 17:05h in News by KMFSLLP 0 Comments

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British nursery retailer Mamas & Papas Retail was sold to private equity firm Bluegem Capital Partners, administrator Deloitte said on Friday, leading to the shutdown of six loss-making stores and 73 job losses.

07 Nov Ten of 39 UK trailer dead were teenagers, say police

Posted at 17:00h in News by KMFSLLP 0 Comments

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Tragedy highlights disproportionate number of young people trafficked from Vietnam

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07 Nov UPDATE 1-Italian court convicts Deutsche Bank, Nomura in Monte Paschi derivative trial

Posted at 16:47h in News by KMFSLLP 0 Comments

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An Italian court on Friday convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative transactions that prosecutors say helped the world's oldest bank conceal massive losses.

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07 Nov UPDATE 1-Telecom Italia to expand data centre business under Google deal

Posted at 16:42h in News by KMFSLLP 0 Comments

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Telecom Italia (TIM) plans to spin off its data centre operations and look for an investor ahead of a potential market listing, it said on Friday, after announcing a partnership with Google to develop its cloud business.

07 Nov Musk mocks hedge fund owner Einhorn over Tesla shorts

Posted at 16:31h in News by KMFSLLP 0 Comments

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Tesla Inc Chief Executive Officer Elon Musk took to Twitter on Friday to taunt short-seller David Einhorn in an open letter after the hedge fund owner wrote to clients about losing money on his short position in the Silicon Valley car maker.

07 Nov Outcry over Johnson’s N Ireland ‘great deal’ claim

Posted at 16:12h in News by KMFSLLP 0 Comments

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Remainers say PM’s praise shows flaw in Brexit pact for rest of UK

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07 Nov German wind turbine maker Enercon to cut 3,000 jobs -newspaper

Posted at 16:12h in News by KMFSLLP 0 Comments

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Germany's Enercon, the world's sixth-largest wind turbine maker, is cutting 3,000 jobs, or 17% of total staff, daily Sueddeutsche Zeitung reported, not citing where it obtained the information.