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Author: KMFSLLP

12 Apr GE cuts some debt using proceeds from sale of biopharma business

Posted at 13:46h in News by KMFSLLP 0 Comments

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General Electric Co said on Monday it used part of the $20 billion in proceeds from the sale of its biopharma business to cut debt.

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12 Apr UPDATE 1-Sudan to purchase 200,000 T wheat in deal with world food programme

Posted at 13:34h in News by KMFSLLP 0 Comments

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Sudan's government will purchase 200,000 tonnes of wheat in a deal with the United Nations' world food programme, the finance ministry said on Monday, in a bid to bolster strategic reserves amid the coronavirus pandemic.

12 Apr Brazil’s Triunfo asks regulator to re-auction Concebra’s toll-road rights

Posted at 13:00h in News by KMFSLLP 0 Comments

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Brazilian infrastructure company Triunfo Participacoes e Investimentos SA said on Monday its subsidiary Concebra had asked transport regulator ANTT to re-auction its toll road rights, citing a "dramatic change in the economic scenario".

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12 Apr UPDATE 3-Fading Vision Fund to tip SoftBank into first loss in 15 years

Posted at 12:57h in News by KMFSLLP 0 Comments

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* Coronavirus pandemic has heaped pain on souring tech bets (Adds share performance)

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12 Apr Sudan to purchase 200,000 T wheat in deal with world food programme – SUNA

Posted at 12:51h in News by KMFSLLP 0 Comments

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Sudan's government will purchase 200,000 tonnes of wheat in a deal with the world food programme, state news agency SUNA reported on Monday.

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12 Apr Russia fund says will continue to invest in Saudi Arabia – Al-Arabiya

Posted at 12:45h in News by KMFSLLP 0 Comments

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Russia's sovereign wealth fund will continue to invest in Saudi Arabia's Vision 2030 development programme, the Saudi-owned Al-Arabiya channel on Monday cited the head of the fund as saying.

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12 Apr REFILE-U.S. Democrats call on Republicans to work toward coronavirus bill

Posted at 12:17h in News by KMFSLLP 0 Comments

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The two top Democrats in the U.S. Congress called on Republicans on Monday to work toward new bipartisan coronavirus legislation, citing a lack of funding for the national testing needed to begin to reopen the U.S. economy.

12 Apr Blackstone invests $2 bln in Alnylam Pharma

Posted at 11:41h in News by KMFSLLP 0 Comments

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Blackstone Group Inc said on Monday it invested $2 billion in Alnylam Pharmaceuticals Inc through an equity-and-debt deal, giving the drugmaker a financial boost to develop its experimental therapies.

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12 Apr RPT-Pandemic or not, cheaper dollar hedging to bolster U.S. inflows

Posted at 11:00h in News by KMFSLLP 0 Comments

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The coronavirus pandemic has slashed costs for foreign investors seeking to neutralize the currency exposure of owning dollar-denominated assets, making U.S. securities more attractive and providing additional boost for the nation's fixed income market.