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Author: KMFSLLP

09 Oct COLUMN-Hedge funds step up to lead shareholder suit against Tesla: Frankel

Posted at 18:37h in News by KMFSLLP 0 Comments

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A pair of offshore hedge funds that claim to have lost more than $15 million to cover short positions in Tesla have asked for court approval to lead consolidated private securities fraud litigation against the carmaker.

09 Oct T. Rowe Price raises bet on Tesla in vote of confidence for Musk

Posted at 18:22h in News by KMFSLLP 0 Comments

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Tesla shareholder T. Rowe Price Group Inc raised its stake in the electric car maker by nearly half in the July-September quarter, according to a regulatory filing on Wednesday, an apparent vote of confidence for embattled CEO Elon Musk.

09 Oct India c.bank sticking with plan to force payments firms to store data locally- sources

Posted at 18:08h in News by KMFSLLP 0 Comments

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* Central bank determined to push through with rules - sources

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09 Oct UPDATE 1-Canadian regulator finds cannabis company disclosures inadequate

Posted at 17:58h in News by KMFSLLP 0 Comments

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A Canadian regulatory group said on Wednesday that it had found that the level and quality of disclosure by cannabis companies was insufficient.

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09 Oct Michael intensifies, makes landfall near Mexico Beach, Florida- NHC

Posted at 17:49h in News by KMFSLLP 0 Comments

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Hurricane Michael has intensified as it makes landfall near Mexico Beach, Florida, bringing life-threatening storm surge, hurricane force winds and heavy rainfall over the Florida Panhandle, the U.S. National Hurricane Center (NHC) said on Wednesday.

09 Oct Blair warns of Chequers plan’s impact on services

Posted at 17:48h in News by KMFSLLP 0 Comments

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May’s proposal would hit exports almost as much as no-deal scenario, research suggests

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09 Oct UPDATE 3-IMF and World Bank okay Zimbabwe plan to clear arrears as dollar woes bite

Posted at 17:47h in News by KMFSLLP 0 Comments

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* Dollar woes continue, causing shortages and price increases (Adds context, Ncube meeting U.S. official)

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09 Oct South Africa gets $35 bln in investment pledges towards $100 bln goal

Posted at 17:45h in News by KMFSLLP 0 Comments

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South Africa has investment commitments of $35 billion as part of plans by President Cyril Ramaphosa to attract $100 billion over the next five years to revive the country's flagging economy, his economic adviser told Reuters on Wednesday.

09 Oct Sterling rallies to 2.5-month high amid Brexit optimism

Posted at 17:34h in News by KMFSLLP 0 Comments

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09 Oct UPDATE 4-Sears prepares to file for bankruptcy in the coming days, sources say

Posted at 17:18h in News by KMFSLLP 0 Comments

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Sears Holdings Corp is preparing to file for Chapter 11 bankruptcy protection in the coming days, sources said on Wednesday, casting doubt over the future of what was once the world's largest retailer and sending its shares to a record low.

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Author: KMFSLLP

09 Oct COLUMN-Hedge funds step up to lead shareholder suit against Tesla: Frankel

09 Oct T. Rowe Price raises bet on Tesla in vote of confidence for Musk

09 Oct India c.bank sticking with plan to force payments firms to store data locally- sources

09 Oct UPDATE 1-Canadian regulator finds cannabis company disclosures inadequate

09 Oct Michael intensifies, makes landfall near Mexico Beach, Florida- NHC

09 Oct Blair warns of Chequers plan’s impact on services

09 Oct UPDATE 3-IMF and World Bank okay Zimbabwe plan to clear arrears as dollar woes bite

09 Oct South Africa gets $35 bln in investment pledges towards $100 bln goal

09 Oct Sterling rallies to 2.5-month high amid Brexit optimism

09 Oct UPDATE 4-Sears prepares to file for bankruptcy in the coming days, sources say

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