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News

11 Sep Italy’s Elisabetta Franchi fashion label to list in Milan in reverse takeover

Posted at 17:31h in News by KMFSLLP 0 Comments

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Fashion label Elisabetta Franchi is set to list on the Milan stock exchange following a business combination with shell company Spactiv, in a deal that values the Italian clothing brand at 195 million euros ($216 million).

11 Sep TREASURIES-Soft 30-year auction compounds U.S. bond sell-off

Posted at 17:26h in News by KMFSLLP 0 Comments

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U.S. Treasury yields rose further on Thursday with benchmark 10-year yields hitting five-week highs as soft demand at a $16 billion 30-year government auction touched off a fresh wave of selling in the U.S. bond market.

11 Sep UPDATE 1-EQT sets price range for 1.2 bln-1.3 bln euro Stockholm share listing

Posted at 17:25h in News by KMFSLLP 0 Comments

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* Range values company at 5.5-6 bln euro (Adds background, quotes)

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11 Sep UPDATE 1-Canada’s Trudeau promises to tax foreign speculation in housing market if reelected

Posted at 17:15h in News by KMFSLLP 0 Comments

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Canada's ruling Liberals will introduce a 1% tax on non-resident non-Canadians to help prevent foreign speculation from driving up housing prices, Prime Minister Justin Trudeau said on Thursday on the second day of an election campaign.

11 Sep UPDATE 1-Deutsche Bank is first to settle Fannie Mae, Freddie Mac bond-rigging lawsuit

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

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Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac , becoming the first of 16 financial services companies to settle litigation by investors.

11 Sep Ukraine strips U.S. firm Trident of oil exploration rights in Black Sea

Posted at 17:07h in News by KMFSLLP 0 Comments

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Ukraine's new government on Thursday stripped U.S.-based Trident Acquisitions of the right to explore and develop oil and gas reserves in the Black Sea shelf, prompting the company to say Ukraine had lost out on $1 billion in new investment.