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News

07 Jun GE reopens parts of prior debt offerings to raise $3 bln

Posted at 20:45h in News by KMFSLLP 0 Comments

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General Electric Co said on Monday it reopened portions of its prior debt offerings for $3 billion in total proceeds to boost its cash reserves amid the coronavirus crisis.

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07 Jun UPDATE 1-GRAPHIC-Nasdaq hits record high as U.S. recession becomes official

Posted at 20:22h in News by KMFSLLP 0 Comments

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On the same day that the Nasdaq marked a new bull market, the U.S. economy was officially declared to be in a recession. The two milestones on Monday illustrate how an 11-week surge in stocks has occurred despite widespread economic devastation fueled by the coronavirus pandemic.

07 Jun GRAPHIC-Nasdaq hits record high as U.S. recession becomes official

Posted at 19:39h in News by KMFSLLP 0 Comments

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Surging technology and communications stocks have put the Nasdaq on the cusp of confirming that it is in a new bull market just 16 weeks after coronavirus fears smashed stocks and threw the U.S. economy into recession.

07 Jun Floyd killing releases pent-up anger in Britain

Posted at 18:50h in News by KMFSLLP 0 Comments

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Ire among people of all ethnic backgrounds throws up new challenge for UK politicians

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07 Jun Majority of UK cabinet want to cut 2m social distancing

Posted at 18:32h in News by KMFSLLP 0 Comments

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Boris Johnson sympathetic to calls for relaxation of rule to boost the economy

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07 Jun UPDATE 1-Telefonica to sell phone masts in Germany to Telxius for 1.5 bln euros

Posted at 18:14h in News by KMFSLLP 0 Comments

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Telefonica's German division has signed a deal to sell thousands of phone masts for 1.5 billion euros, the latest move by a telecom operator to generate cash from its assets in preparation for investment in next-generation 5G internet.

07 Jun British scientists bypass drug giants to sell potential coronavirus vaccine

Posted at 18:06h in News by KMFSLLP 0 Comments

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LONDON, June 8 (Thomson Reuters Foundation) - A team of British scientists developing a coronavirus vaccine has set up a special company to distribute it if they are successful, rather than partnering with a big pharmaceutical company, to ensure access for the world's poorest.

07 Jun UPDATE 1-Insurance startup Lemonade files for U.S. IPO

Posted at 17:57h in News by KMFSLLP 0 Comments

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Tech-driven insurance startup Lemonade Inc filed for its U.S. initial public offering (IPO) on Monday, looking to take advantage of a recent recovery in the market after the coronavirus crisis slammed the brakes on new listings.

07 Jun UPDATE 1-Nasdaq sets new record, close to confirming bull market in place

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

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The Nasdaq Composite Index rose to a new high on Monday, and looks on track to confirm that it was the first of Wall Street's main indexes to enter a bull market two and a half months ago, after Wall Street's nosedive on worries about the novel coronavirus.

07 Jun RV stocks: revving up

Posted at 17:43h in News by KMFSLLP 0 Comments

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If coronavirus changes the way people travel, the motorhome industry could reap permanent gains

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News

07 Jun GE reopens parts of prior debt offerings to raise $3 bln

07 Jun UPDATE 1-GRAPHIC-Nasdaq hits record high as U.S. recession becomes official

07 Jun GRAPHIC-Nasdaq hits record high as U.S. recession becomes official

07 Jun Floyd killing releases pent-up anger in Britain

07 Jun Majority of UK cabinet want to cut 2m social distancing

07 Jun UPDATE 1-Telefonica to sell phone masts in Germany to Telxius for 1.5 bln euros

07 Jun British scientists bypass drug giants to sell potential coronavirus vaccine

07 Jun UPDATE 1-Insurance startup Lemonade files for U.S. IPO

07 Jun UPDATE 1-Nasdaq sets new record, close to confirming bull market in place

07 Jun RV stocks: revving up

KM Financial Solutions LLP

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