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Author: KMFSLLP

04 Sep UPDATE 1-KKR to sell or float German defence supplier Hensoldt – sources

Posted at 11:24h in News by KMFSLLP 0 Comments

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Private equity firm KKR is preparing for a stock market flotation or sale of German defence supplier Hensoldt in a potential 2 billion euro ($2.2 billion) deal, people close to the matter said.

04 Sep PM Johnson thanks brother, Jo, for his service after surprise resignation

Posted at 11:24h in News by KMFSLLP 0 Comments

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British Prime Minister Boris Johnson thanked his brother, Jo, for his service after the younger sibling quit his ministerial role and said he would stand down from parliament, citing a conflict between family loyalty and the national interest.

04 Sep GLOBAL MARKETS-European stocks hit one-month highs on news of U.S.-China trade talks

Posted at 11:13h in News by KMFSLLP 0 Comments

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European shares rose to fresh one-month highs and safe-haven assets like gold and the yen fell on Thursday after U.S.-China talks were flagged for October, raising hopes their trade war will de-escalate before it further damages the world economy.

04 Sep Hurricane Dorian devastation in Bahamas could cost $7 bln- KCC

Posted at 11:10h in News by KMFSLLP 0 Comments

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Preliminary estimate of total insured and uninsured losses in the Bahamas from Hurricane Dorian is $7 billion, catastrophe modelling company Karen Clark & Company (KCC) said on Thursday.

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04 Sep Siam Commercial Bank partners with Sea Group to expand digital lending

Posted at 11:10h in News by KMFSLLP 0 Comments

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Thailand's largest lender Siam Commercial Bank Pcl (SCB) announced a partnership with e-commerce and game developer Sea Ltd's Thai operations to provide payments and lending services as it seeks to increase revenues from digital banking.

04 Sep U.S. audit regulator levied only $6.5 mln in fines in 16 years -study

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

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A top U.S. accounting watchdog has brought only 18 enforcement actions and levied just $6.5 million in fines against the Big Four accounting firms in its 16-year existence, according to a study published on Thursday.