Author: KMFSLLP

David Einhorn's hedge fund Greenlight Capital said on Thursday that it is betting that U.S. corporate debt, both investment grade and high yield, will fall as the country's economic recovery slows.

New UK prime minister is turning the Tories into the no-deal party

Former Nedbank chairman Reuel Khoza has been appointed to head South Africa's 2 trillion rand ($141 billion) Public Investment Corporation (PIC) in an effort to restore the scandal-plagued pension fund's reputation. Khoza replaces South Africa's former Deputy Finance Minister Mondli Gungubele as chairman of the PIC board, marking the first time the...

New prime minister could be ready to gamble to break the Brexit deadlock

Mobile group owned by Spain’s Telefónica to invest in the fixed-line technology for first time

A rate cut at the European Central Bank's September meeting appears certain, four sources close to the discussion told Reuters on Thursday, adding that government bond purchases and a revamped policy message were also likely.

* AB InBev, AstraZeneca gain after results (For a live blog on European stocks, type LIVE/ in an Eikon news window)

* Aston Martin slips for second straight session (Adds quote, company news items, updates share moves)

* Euro hits 2-yr low, then rallies; stocks erase gains (Adds details, new quote)

Russia's Gazprom, the world's largest conventional gas producer, has received bids worth $3.15 billion for 3 percent of its own shares that it decided to sell after the stock hit its highest level in more than a decade.