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News

05 Aug EU stands firm as UK heads for no-deal Brexit

Posted at 17:33h in News by KMFSLLP 0 Comments

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London pins impasse on bloc leaders but Brussels resists call to alter withdrawal deal

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05 Aug TREASURIES-U.S. yield curve flattens more after Fed Bullard’s view on trade

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

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The spread between U.S. shorter- and longer-dated Treasury yields compressed more on Tuesday after St. Louis Federal Reserve President James Bullard cautioned about protracted risks from trade for the Fed and the U.S. economy.

05 Aug UPDATE 3-Swiss indict former German soccer officials over World Cup payment

Posted at 16:55h in News by KMFSLLP 0 Comments

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* Franz Beckenbauer probe delayed due to health reasons (Updates with German FA statement)

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05 Aug UPDATE 1-South Africa’s Eskom urgently needs turnaround plan – Moody’s

Posted at 15:55h in News by KMFSLLP 0 Comments

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South Africa's state power utility Eskom urgently needs a turnaround plan as its capital structure is unsustainable, credit ratings agency Moody's said on Tuesday in a report which sent the rand to a two-month low.

05 Aug UPDATE 2-Swedish fintech Klarna valued at $5.5 bln in funding round

Posted at 15:40h in News by KMFSLLP 0 Comments

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* Company made Q1 loss on higher net credit losses (Adds colour on business model, market reach, growth outlook)

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05 Aug REFILE-WRAPUP 6-Trump shrugs off trade war concerns; China warns of market chaos

Posted at 15:40h in News by KMFSLLP 0 Comments

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U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China, as Beijing warned that Washington's decision to label it a currency manipulator would lead to chaos in financial markets.

05 Aug South Africa’s Eskom urgently needs turnaround plan – Moody’s

Posted at 15:13h in News by KMFSLLP 0 Comments

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05 Aug New U.S. action forces choice between doing business with Caracas or Washington -Bolton

Posted at 15:01h in News by KMFSLLP 0 Comments

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U.S. President Donald Trump's new executive order on Venezuela means that U.S. sanctions can now be imposed on any business done with the Venezuelan government, White House national security adviser John Bolton told reporters on Tuesday.

05 Aug Trump trade adviser Navarro calls on Fed to cut rates further

Posted at 14:54h in News by KMFSLLP 0 Comments

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White House trade adviser Peter Navarro on Monday called on the U.S. Federal Reserve to cut interest rates by another three-quarters of a point to full point by end of year to bring U.S. rates into line to with rates elsewhere.

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05 Aug UPDATE 5-Vivendi talks Universal with Tencent to tap music revival

Posted at 14:47h in News by KMFSLLP 0 Comments

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Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent, valuing its prized asset at around 30 billion euros ($34 billion), as both firms look outside their core regions to expand in a recovering global music market.

News

05 Aug EU stands firm as UK heads for no-deal Brexit

05 Aug TREASURIES-U.S. yield curve flattens more after Fed Bullard’s view on trade

05 Aug UPDATE 3-Swiss indict former German soccer officials over World Cup payment

05 Aug UPDATE 1-South Africa’s Eskom urgently needs turnaround plan – Moody’s

05 Aug UPDATE 2-Swedish fintech Klarna valued at $5.5 bln in funding round

05 Aug REFILE-WRAPUP 6-Trump shrugs off trade war concerns; China warns of market chaos

05 Aug South Africa’s Eskom urgently needs turnaround plan – Moody’s

05 Aug New U.S. action forces choice between doing business with Caracas or Washington -Bolton

05 Aug Trump trade adviser Navarro calls on Fed to cut rates further

05 Aug UPDATE 5-Vivendi talks Universal with Tencent to tap music revival

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