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News

11 Sep UPDATE 1-Hong Kong exchange falls over 3% after $39 bln takeover bid for LSE

Posted at 01:48h in News by KMFSLLP 0 Comments

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* Shares drop 3.7% in early deals in positive Hong Kong market

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11 Sep UPDATE 1-GE begins divestment of Baker Hughes with $2.7 bln share sale

Posted at 01:30h in News by KMFSLLP 0 Comments

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General Electric Co (GE) on Wednesday said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from 50.4% at June-end, and aims to raise $2.7 billion in the process.

11 Sep Hong Kong exchange set to fall 3.3% after $39 bln takeover bid for LSE

Posted at 01:25h in News by KMFSLLP 0 Comments

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Shares of Hong Kong Exchanges and Clearing Ltd (HKEX) were set to fall 3.3% on Thursday after the bourse unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday.

11 Sep UPDATE 1-California approves statewide rent control to deal with housing crunch

Posted at 01:01h in News by KMFSLLP 0 Comments

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California lawmakers on Wednesday passed a statewide cap on annual rent increases for most tenants, the boldest step yet to address an affordable housing crunch that has helped push people into the streets.

11 Sep GE to cede majority control of Baker Hughes in $2.7 bln share sale

Posted at 00:50h in News by KMFSLLP 0 Comments

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General Electric Co on Wednesday said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from 50.4% at June-end, and aims to raise $2.7 billion in the process.

11 Sep UPDATE 3-White House pushes biofuel deal to biofuel producers, oil refiners -sources

Posted at 00:26h in News by KMFSLLP 0 Comments

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White House officials on Wednesday urged U.S. biofuel producers and oil refiners to accept a deal to lift biofuel blending mandates in 2020, saying overlong negotiations could make it hard to enact the change in time for next year, sources familiar with the discussions said.

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11 Sep California approves statewide rent control to deal with housing crunch

Posted at 00:10h in News by KMFSLLP 0 Comments

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11 Sep Blackstone raises $20.5 billion for largest ever real estate fund

Posted at 00:09h in News by KMFSLLP 0 Comments

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U.S. private equity firm Blackstone Group Inc said on Wednesday it has raised the largest ever real estate fund, amassing $20.5 billion to be invested in property assets around the world.

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10 Sep UPDATE 1-Australia’s Westpac veteran Peter King to retire as CFO

Posted at 23:28h in News by KMFSLLP 0 Comments

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Westpac Banking Corp said on Thursday its chief financial officer, Peter King, will retire next year after spending 25 years with Australia's second largest bank.

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10 Sep UPDATE 1-Top U.S. trade official submits USMCA ideas to Democrats – lawmakers

Posted at 23:26h in News by KMFSLLP 0 Comments

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The Trump administration on Wednesday sent U.S. House of Representatives Democrats its latest proposals for addressing legislators' concerns about the new U.S.-Mexico-Canada trade deal, lawmakers and congressional sources said.

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News

11 Sep UPDATE 1-Hong Kong exchange falls over 3% after $39 bln takeover bid for LSE

11 Sep UPDATE 1-GE begins divestment of Baker Hughes with $2.7 bln share sale

11 Sep Hong Kong exchange set to fall 3.3% after $39 bln takeover bid for LSE

11 Sep UPDATE 1-California approves statewide rent control to deal with housing crunch

11 Sep GE to cede majority control of Baker Hughes in $2.7 bln share sale

11 Sep UPDATE 3-White House pushes biofuel deal to biofuel producers, oil refiners -sources

11 Sep California approves statewide rent control to deal with housing crunch

11 Sep Blackstone raises $20.5 billion for largest ever real estate fund

10 Sep UPDATE 1-Australia’s Westpac veteran Peter King to retire as CFO

10 Sep UPDATE 1-Top U.S. trade official submits USMCA ideas to Democrats – lawmakers

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