Posted at 12:26h
in
News
by KMFSLLP
Hedge fund managers have exited
from all the bullish positions in crude oil and fuels they
accumulated in the second half of 2017 as the bull market has
unwound.

...
Posted at 12:18h
in
News
by KMFSLLP
Industrial equipment maker Colfax Corp
said on Monday it would acquire DJO Global Inc from
Blackstone Group for $3.15 billion in cash, as it
diversifies into selling medical products such as shoulder
implants and knee braces.
Posted at 12:18h
in
News
by KMFSLLP
** The Sri Lankan rupee fell to an
all-time low of 177.35 per dollar on Monday, as political uncertainty outweighed
the positive impact of a policy rate hike, sources said.

...
Posted at 11:59h
in
News
by KMFSLLP
British Prime Minister Theresa
May said on Monday she wanted any post-Brexit transition phase
to have ended by the time the country is due to hold a national
election in 2022.

...
Posted at 11:55h
in
News
by KMFSLLP
Britain's TSB Bank, a subsidiary
of Spain's Sabadell, has hired Debbie Crosbie as chief
executive to lead the bank's efforts to recover from an IT
meltdown set to cost more than 320 million euros.
Posted at 11:47h
in
News
by KMFSLLP
Industrial equipment maker Colfax Corp
said on Monday it would acquire medical device maker DJO
Global Inc from private equity funds managed by Blackstone Group
for $3.15 billion in cash.

...
Posted at 11:35h
in
News
by KMFSLLP
Posted at 11:33h
in
News
by KMFSLLP
Euro zone finance ministers
remain worried about Italy's budget row with the European
Commission and are waiting for the next move from the EU
executive this week before formally stepping up their pressure
on Rome, top officials said on Monday.
Posted at 11:11h
in
News
by KMFSLLP
The EU’s chief Brexit negotiator urged all sides to remain calm
...
Posted at 11:11h
in
News
by KMFSLLP
British politicians are engaged
in a high-stakes game of risk over Brexit which could lead to an
accidental no deal, the head of Britain's main business lobby,
the CBI, said on Monday.

...