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Author: KMFSLLP

31 May Push to scrap virtual Commons greeted with anger by MPs

Posted at 16:38h in News by KMFSLLP 0 Comments

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Proposed end of partially online sittings raises health fears and prospect of 1km-long queues of members voting

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31 May Major Aston Martin shareholder cuts stake in British carmaker

Posted at 16:26h in News by KMFSLLP 0 Comments

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A top Aston Martin shareholder cut its stake in the British carmaker by nearly 5%, a regulatory filing showed on Monday.

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31 May UPDATE 2-European shares gain as recovery hopes boost cyclicals

Posted at 16:23h in News by KMFSLLP 0 Comments

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* German, Swiss markets closed for Whit Monday (Updates to market close)

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31 May For Johnson, Covid-19 is now an economic crisis

Posted at 16:22h in News by KMFSLLP 0 Comments

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For all the talk of ‘following the science’, the decisions have always been political

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31 May UPDATE 3-U.S. Supreme Court upholds Puerto Rico financial oversight board appointments

Posted at 16:08h in News by KMFSLLP 0 Comments

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The U.S. Supreme Court on Monday upheld appointments to Puerto Rico's federally created financial oversight board that had been challenged by creditors in a ruling that avoids disruption to the panel's restructuring of about $120 billion of the bankrupt U.S. territory's debt.

31 May UPDATE 1-Piraeus Bank swings to loss as loan-loss provisions rise

Posted at 15:28h in News by KMFSLLP 0 Comments

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Piraeus Bank, Greece's largest lender by assets, on Monday reported a first-quarter loss after "frontloading" loan impairment provisions to take into account the impact of the coronavirus crisis.

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31 May UPDATE 2-China’s Dada targets U.S. IPO amid Washington-Beijing tensions

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

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Chinese online grocery firm Dada Nexus Ltd said on Monday it aims to raise up to $280.5 million in a U.S. initial public offering (IPO), attempting a listing on New York's Nasdaq at a time of deepening tensions between Washington and Beijing.

31 May Banks request legislative fix to Libor-linked financial contracts

Posted at 14:35h in News by KMFSLLP 0 Comments

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Britain faces a call from banks for legislation to force billions of pounds of financial contracts which still reference the soon-to-be defunct Libor interest rate benchmark to adopt other pricing mechanisms.

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31 May UPDATE 1-Kazakhstan’s Halyk Bank puts 2020 targets under review

Posted at 14:13h in News by KMFSLLP 0 Comments

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Kazakhstan's Halyk Bank is reviewing its profit guidance and other targets for this year due to an uncertain business environment, but could reconsider its decision not to pay a dividend if the situation improves, it said on Monday.