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Author: KMFSLLP

03 Jun UK banks told not to assume losses on longer loan holidays

Posted at 15:07h in News by KMFSLLP 0 Comments

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Regulator in renewed bid to prevent accounting rules restricting availability of credit

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03 Jun UK and EU officials remain far apart on core issues as Brexit talks falter

Posted at 15:03h in News by KMFSLLP 0 Comments

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Setback ramps up pressure on Boris Johnson ahead of crucial summit this month

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03 Jun Manufacturers call for more state help to save jobs

Posted at 14:51h in News by KMFSLLP 0 Comments

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Coronavirus bailout loan schemes still not helping larger, strategically important companies, MPs told

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03 Jun UPDATE 1-HKEX says many U.S.-listed Chinese firms plan Hong Kong listings

Posted at 14:34h in News by KMFSLLP 0 Comments

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Many U.S.-listed Chinese firms will likely list on the Hong Kong exchange this year, in part because of U.S. political pressure following China's new national security legislation on Hong Kong, the head of the exchange said on Thursday.

03 Jun UPDATE 1-Oman to set up investment authority to manage state assets

Posted at 14:30h in News by KMFSLLP 0 Comments

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Oman is setting up the Oman Investment Authority to own and manage most of the country's sovereign wealth fund and finance ministry assets, state TV reported on Thursday, citing a decree from the sultanate's ruler.

03 Jun Intesa CEO says state-backed FCA loan crucial to protect Italy’s economy

Posted at 14:19h in News by KMFSLLP 0 Comments

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A 6.3 billion euro ($7 billion) state-backed loan for Fiat Chrysler (FCA) financed by Intesa Sanpaolo is crucial to safeguard Italy's economy, the head of the country's biggest bank said.

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03 Jun UPDATE 1-Bank of America to pay $7.23 mln for mutual fund overcharges – FINRA

Posted at 14:15h in News by KMFSLLP 0 Comments

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Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.

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03 Jun Self-driving cars could only prevent a third of U.S. crashes -study

Posted at 14:00h in News by KMFSLLP 0 Comments

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Self-driving cars, long touted by developers as a way to eliminate road deaths, could likely only prevent a third of all U.S. road crashes, an analysis of traffic accidents released on Thursday has found.

03 Jun ETFs amassed more gold in 5 months than in any previous full year- WGC

Posted at 13:54h in News by KMFSLLP 0 Comments

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Gold-backed exchange traded funds (ETFs) added 623 tonnes of the metal worth $34 billion to their stockpile from January to May, exceeding in five months every full-year increase on record, the World Gold Council said on Thursday.