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17 Jun CORRECTED-Black patients with COVID-19 in Atlanta more likely to be hospitalized -CDC

Posted at 10:03h in News by KMFSLLP 0 Comments

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A study of coronovirus patients in Atlanta has found that black patients are more likely to be hospitalized than white patients, highlighting racial disparities in the U.S. healthcare system, researchers from the Centers for Disease Control and Prevention (CDC) said on Wednesday.

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17 Jun BIS: Non-banks dollar funding market activities need more transparency

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The rising significance of non-banks has increased the speed and scope of stress transmission through the global financial system at a time when the importance of the U.S. dollar has grown, the Bank for International Settlements said.

17 Jun KKR to buy Dutch vacation park operator Roompot

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U.S. private equity firm KKR said on Thursday it had reached an agreement to buy Dutch vacation parks firm Roompot for an undisclosed sum.

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17 Jun British oil major BP raises nearly $12 billion in hybrid bonds issue

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British oil major BP Plc has raised $11.9 billion in debt through an issue of hybrid bonds in multiple currencies, a spokeswoman told Reuters in an emailed statement, as the company seeks to take advantage of low interest rates to fortify its balance sheet.

17 Jun UPDATE 1-JPMorgan gets China’s nod for first fully foreign-owned futures business

Posted at 09:47h in News by KMFSLLP 0 Comments

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China on Thursday approved JPMorgan's application to operate the first fully foreign-owned futures business, as the world's second-largest economy pushes ahead with opening its multi-trillion-dollar financial market.

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17 Jun REFILE-UPDATE 2-Indonesia makes year’s 3rd rate cut, signals more easing to fight pandemic

Posted at 09:36h in News by KMFSLLP 0 Comments

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Indonesia's central bank on Thursday cut its benchmark rate for the third time this year and signalled it may ease further, as Southeast Asia's largest economy struggles to avoid a recession amid the broadening fallout of the coronavirus pandemic.

17 Jun Lloyd’s and Greene King apologise for their roles in the slave trade

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Insurance syndicate and brewer have offered donations to charities promoting diversity

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17 Jun UPDATE 1-Japan’s banks face no immediate threat despite rising credit costs – lobby head

Posted at 07:22h in News by KMFSLLP 0 Comments

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Japanese banks are financially robust and there is no immediate threat to the sector and the financial system despite rising credit-related costs, the head of an industry lobby group said on Thursday.

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17 Jun European shares lose ground on concerns of second coronavirus wave

Posted at 07:16h in News by KMFSLLP 0 Comments

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European shares retreated at the open on Thursday as a spike in COVID-19 cases in China and some U.S. states triggered fears of a second wave of infections, knocking back hopes of a swift recovery from the pandemic-led economic slump.

17 Jun China stocks end higher as Beijing pledges reforms, liquidity

Posted at 07:14h in News by KMFSLLP 0 Comments

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China stocks ended firmer on Thursday, as policymakers assured investors that the economy is gradually recovering from the coronavirus crisis, while pledging more reforms and liquidity to bolster capital markets.

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News

17 Jun CORRECTED-Black patients with COVID-19 in Atlanta more likely to be hospitalized -CDC

17 Jun BIS: Non-banks dollar funding market activities need more transparency

17 Jun KKR to buy Dutch vacation park operator Roompot

17 Jun British oil major BP raises nearly $12 billion in hybrid bonds issue

17 Jun UPDATE 1-JPMorgan gets China’s nod for first fully foreign-owned futures business

17 Jun REFILE-UPDATE 2-Indonesia makes year’s 3rd rate cut, signals more easing to fight pandemic

17 Jun Lloyd’s and Greene King apologise for their roles in the slave trade

17 Jun UPDATE 1-Japan’s banks face no immediate threat despite rising credit costs – lobby head

17 Jun European shares lose ground on concerns of second coronavirus wave

17 Jun China stocks end higher as Beijing pledges reforms, liquidity

KM Financial Solutions LLP

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