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Author: KMFSLLP

18 May Britain needs a new 3i

Posted at 10:30h in News by KMFSLLP 0 Comments

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A decentralised government venture fund would help SMEs climb out of the Covid-19 hole

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18 May Stepson of Malaysian ex-PM Najib could testify against him in 1MDB trial -prosecutors

Posted at 10:02h in News by KMFSLLP 0 Comments

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Riza Aziz, the stepson of former Malaysian prime minister Najib Razak, has agreed to testify against the ex-premier in a trial linked to a multibillion-dollar fraud at state fund 1Malaysia Development Berhad (1MDB), prosecutors said on Tuesday.

18 May UPDATE 1-Deutsche Boerse chief says plans to fulfil his term as CEO

Posted at 10:01h in News by KMFSLLP 0 Comments

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* Seeks to assure investors he won't jump ship to Deutsche Bank

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18 May JPMorgan hands out $30 bln in loans to small businesses- memo

Posted at 10:00h in News by KMFSLLP 0 Comments

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JPMorgan Chase & Co has given out more than $30 billion in loans to over 250,000 businesses as part of the United States' coronavirus aid program for small businesses, Chief Executive Officer Jamie Dimon said in a memo on Tuesday.

18 May CORRECTED-Italy’s TIM Q1 core earnings drop on coronavirus hit

Posted at 09:54h in News by KMFSLLP 0 Comments

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Telecom Italia (TIM) on Monday reported a drop in first-quarter core earnings after cost cuts failed to fully offset a slump in domestic revenue caused by the coronavirus pandemic.

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18 May UPDATE 1-BOJ’s emergency meeting to decide loan scheme for virus-hit small firms

Posted at 09:35h in News by KMFSLLP 0 Comments

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* Gov Kuroda has signaled chance of holding emergency meeting

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18 May UPDATE 3-Sony to take full control of listed financial arm for $3.7 bln

Posted at 09:31h in News by KMFSLLP 0 Comments

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* Offers Y2,600 per Sony Financial share, 26% over Monday's close

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18 May UPDATE 2-‘Nothing off-limits’: Thyssenkrupp could sell steel business in historic shift

Posted at 09:23h in News by KMFSLLP 0 Comments

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Thyssenkrupp could sell most of its steelmaking division, its CEO said on Tuesday, marking a historic reversal in strategy for the German conglomerate which has built its 200-year-old legacy as an industrial champion on the business.

18 May UPDATE 1-Energean seeks lower price for Edison assets after Neptune exits

Posted at 09:22h in News by KMFSLLP 0 Comments

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Energean Oil & Gas said on Tuesday it seeks to renegotiate its acquisition of Edison's upstream portfolio after its plan to immediately sell on Edison's North Sea assets to Neptune Energy fell through.