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30 Jun UPDATE 1-Constitutionality of $16 billion of Illinois bonds challenged

Posted at 22:17h in News by KMFSLLP 0 Comments

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The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a court filing on Monday.

30 Jun Australian shares poised to open higher on rate cut hopes; NZ up

Posted at 22:14h in News by KMFSLLP 0 Comments

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Australian shares are expected to extend their rally on Tuesday, tracking Wall Street's gains, while a likely interest rate cut by the local central bank will bolster risk appetite. The Reserve Bank of Australia is set to meet later in the day for its monthly policy...

30 Jun CORRECTED-Constitutionality of $16 billion of Illinois bonds challenged

Posted at 21:52h in News by KMFSLLP 0 Comments

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30 Jun After explosions, Brazil power transmission companies remove GE equipment

Posted at 21:43h in News by KMFSLLP 0 Comments

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After an unusual number of explosions, several Brazilian power transmission companies have started removing a piece of equipment made by General Electric Co, a blow for GE's Brazil unit as it battles competing suppliers from China and India.

30 Jun REFILE-UPDATE 1-Qatar Investment Authority, Douglass Emmett acquire $365 mln California real estate complex

Posted at 21:23h in News by KMFSLLP 0 Comments

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Qatar Investment Authority (QIA) and real estate investment trust Douglas Emmett Inc have acquired a $365 million real estate development in California, the Qatari sovereign wealth fund said on Monday.

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30 Jun UPDATE 2-Brookfield, GIC to buy Genesee & Wyoming for about $6.4 bln

Posted at 20:41h in News by KMFSLLP 0 Comments

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Canada's Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee & Wyoming Inc for about $6.4 billion in cash.

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30 Jun Investment slow to adapt to climate change, hiking risks

Posted at 20:04h in News by KMFSLLP 0 Comments

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LONDON, July 1 (Thomson Reuters Foundation) - Shifting the world's energy systems to cleaner sources to hold the line on climate change would cost an "eye-watering" $830 billion annually for the next 35 years, according to Oxford University climate scientist Myles Allen.

30 Jun U.S. Congress expands probe of White House personal email use

Posted at 20:03h in News by KMFSLLP 0 Comments

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Top aides in President Donald Trump's White House, including his daughter Ivanka Trump and son-in-law, Jared Kushner, will come under increased scrutiny for their use of personal emails and other unofficial messaging to conduct government affairs, a congressional oversight chairman said on Monday.

30 Jun UPDATE 3-WPP in exclusive talks to sell Kantar stake to Bain Capital

Posted at 20:03h in News by KMFSLLP 0 Comments

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* Bain Capital's proposal is subject to negotiation - WPP (Adds context on PE deals)

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30 Jun Why U.S. small caps may lag despite U.S.-China trade truce

Posted at 19:44h in News by KMFSLLP 0 Comments

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A truce in the trade war between the United States and China that pushed large-cap stocks to new record highs Monday does not appear to be enough to buoy the shares of small U.S. companies that are struggling under the weight of higher tariff costs.

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News

30 Jun UPDATE 1-Constitutionality of $16 billion of Illinois bonds challenged

30 Jun Australian shares poised to open higher on rate cut hopes; NZ up

30 Jun CORRECTED-Constitutionality of $16 billion of Illinois bonds challenged

30 Jun After explosions, Brazil power transmission companies remove GE equipment

30 Jun REFILE-UPDATE 1-Qatar Investment Authority, Douglass Emmett acquire $365 mln California real estate complex

30 Jun UPDATE 2-Brookfield, GIC to buy Genesee & Wyoming for about $6.4 bln

30 Jun Investment slow to adapt to climate change, hiking risks

30 Jun U.S. Congress expands probe of White House personal email use

30 Jun UPDATE 3-WPP in exclusive talks to sell Kantar stake to Bain Capital

30 Jun Why U.S. small caps may lag despite U.S.-China trade truce

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