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News

31 Mar UPDATE 1-Deutsche Bank wins sponsorship deal for Eintracht Frankfurt soccer team

Posted at 06:34h in News by KMFSLLP 0 Comments

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* Deal comes as Deutsche focuses more on domestic market (Updates details, background, Commerzbank statement)

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31 Mar Taylor Wimpey adds management, board pay cuts to coronavirus defence moves

Posted at 06:34h in News by KMFSLLP 0 Comments

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UK housebuilder Taylor Wimpey said on Wednesday it was cancelling a planned pay rise and bonus payments for management this year, with directors also taking a 30% cut in pay for the duration of the coronavirus lockdown.

31 Mar Deutsche Bank wins sponsorship deal for Eintracht Frankfurt soccer team

Posted at 06:10h in News by KMFSLLP 0 Comments

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Deutsche Bank said on Wednesday that it had won a deal to sponsor the local soccer team, Eintracht Frankfurt.

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31 Mar Brexit: lost in transition

Posted at 06:09h in News by KMFSLLP 0 Comments

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Brexit’s back; follow the curve; EU’s coronavirus action plan

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31 Mar European stock index futures slide as coronavirus damage grows

Posted at 06:08h in News by KMFSLLP 0 Comments

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European stock index futures fell more than 3% on Wednesday as dismal economic data from Asia underlined the damage to the economy from the coronavirus pandemic and fanned fears of a deep global recession.

31 Mar Commerzbank loses name right to Frankfurt stadium to Deutsche Bank

Posted at 06:06h in News by KMFSLLP 0 Comments

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Commerzbank will not extend the right to name soccer team Eintracht Frankfurt's home stadium after the end of June 2020 when it expires after 15 years, it said in a press release on Wednesday.

31 Mar UPDATE 2-China’s Pinduoduo raises $1.1 bln in share placement amid volatile markets

Posted at 05:53h in News by KMFSLLP 0 Comments

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Chinese e-commerce firm Pinduoduo Inc said on Tuesday that it had raised $1.1 billion in a private share placement, bolstering its ability to finance growth, despite recent market volatility.

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31 Mar Fitch, Moody’s downgrade S.African banks to junk

Posted at 05:52h in News by KMFSLLP 0 Comments

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Two top ratings agencies downgraded big South African banks' credit ratings to junk, a move expected after the country's sovereign rating suffered the same fate last week from Moody's - the only agency to consider it investment-grade.

31 Mar UPDATE 1-S&P says major Aussie banks not at risk of downgrade amid pandemic

Posted at 05:33h in News by KMFSLLP 0 Comments

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Major Australian banks can weather a substantial rise in credit losses triggered by the coronavirus outbreak while credit ratings of most banks in the country are not at risk of a downgrade, ratings agency S&P Global said.

31 Mar Peru CPI accelerates to 0.65% in March; 12-month inflation cools

Posted at 05:00h in News by KMFSLLP 0 Comments

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Peru's inflation rate was 0.65% in March, a sharp increase from the prior month, the country's official statistics agency said on Wednesday, while the rolling 12-month rate eased slightly.

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News

31 Mar UPDATE 1-Deutsche Bank wins sponsorship deal for Eintracht Frankfurt soccer team

31 Mar Taylor Wimpey adds management, board pay cuts to coronavirus defence moves

31 Mar Deutsche Bank wins sponsorship deal for Eintracht Frankfurt soccer team

31 Mar Brexit: lost in transition

31 Mar European stock index futures slide as coronavirus damage grows

31 Mar Commerzbank loses name right to Frankfurt stadium to Deutsche Bank

31 Mar UPDATE 2-China’s Pinduoduo raises $1.1 bln in share placement amid volatile markets

31 Mar Fitch, Moody’s downgrade S.African banks to junk

31 Mar UPDATE 1-S&P says major Aussie banks not at risk of downgrade amid pandemic

31 Mar Peru CPI accelerates to 0.65% in March; 12-month inflation cools

KM Financial Solutions LLP

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