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News

10 May REFILE-Coty to sell majority stake in hair care brands to KKR in $4.3 bln deal

Posted at 11:14h in News by KMFSLLP 0 Comments

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Cosmetics maker Coty Inc on Monday said it had agreed to sell a majority of its professional beauty and retail hair businesses, including Wella and Clairol brands, to investment firm KKR in a deal valued at $4.3 billion.

10 May UPDATE 1-Coty to sell majority stake in brands including Wella to KKR in $4.3 bln deal

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

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Cosmetics maker Coty Inc on Monday said it had agreed to sell a majority stake in its professional beauty and retail hair businesses, including Wella and Clairol brands, to investment firm KKR in a deal valued at $4.3 billion.

10 May RPT-UPDATE 1-Coronavirus sows doubt over bitcoin’s rally after third ‘halving’

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

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As bitcoin investors brace for a long-awaited technical adjustment that will halve new supply of the cryptocurrency, the coronavirus pandemic has cast uncertainty over the expected rally that has historically accompanied such events.

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10 May Earthquake of magnitude 4.0 strikes North Korea– EMSC

Posted at 10:58h in News by KMFSLLP 0 Comments

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An earthquake of magnitude 4.0 struck 28 km (17.4 miles) southwest of Kosan in North Korea, the European Mediterranean Seismological Centre (EMSC) said.

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10 May Argentina extends $65 bln debt deadline until May 22

Posted at 10:39h in News by KMFSLLP 0 Comments

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Argentina said early on Monday that it would extend negotiations over a $65 billion debt restructuring proposal until May 22 after an initial deadline passed on Friday without the support for a comprehensive deal the country needs to avert default.

10 May South African Airways rescue team to appeal court ruling on layoffs

Posted at 10:36h in News by KMFSLLP 0 Comments

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Administrators trying save South African Airways (SAA) will appeal a court ruling that ordered them to halt a layoff process, one of the administrators Siviwe Dongwana told Reuters.

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10 May Dominic Raab seeks to douse row over UK workplace guidance

Posted at 10:34h in News by KMFSLLP 0 Comments

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Foreign secretary says measures easing lockdown will not come into force until Wednesday

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10 May UPDATE 2-Bank of Ireland swings to $261 mln loss after COVID-19 charge

Posted at 10:23h in News by KMFSLLP 0 Comments

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* New lending potentially 50% to 70% of 2019 volumes (Updates after share price fall, drags AIB down)

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10 May SE Asia Stocks-Vietnam leads gains as countries aim to ease lockdowns

Posted at 10:06h in News by KMFSLLP 0 Comments

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Southeast Asian stock markets closed higher on Monday, with Vietnam leading gains, as several countries looked to restart their economies and largest regional trading partner China signaled more policy measures to support a virus-hit economy. Markets in Asia-Pacific cheered further loosening of c

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10 May EXPLAINER-What’s at stake in Supreme Court fight over Trump financial records

Posted at 10:00h in News by KMFSLLP 0 Comments

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The U.S. Supreme Court on Tuesday considers three blockbuster cases concerning efforts by the Democratic-led House of Representatives and a grand jury working with a prosecutor in New York City to obtain copies of President Donald Trump's financial records.

News

10 May REFILE-Coty to sell majority stake in hair care brands to KKR in $4.3 bln deal

10 May UPDATE 1-Coty to sell majority stake in brands including Wella to KKR in $4.3 bln deal

10 May RPT-UPDATE 1-Coronavirus sows doubt over bitcoin’s rally after third ‘halving’

10 May Earthquake of magnitude 4.0 strikes North Korea– EMSC

10 May Argentina extends $65 bln debt deadline until May 22

10 May South African Airways rescue team to appeal court ruling on layoffs

10 May Dominic Raab seeks to douse row over UK workplace guidance

10 May UPDATE 2-Bank of Ireland swings to $261 mln loss after COVID-19 charge

10 May SE Asia Stocks-Vietnam leads gains as countries aim to ease lockdowns

10 May EXPLAINER-What’s at stake in Supreme Court fight over Trump financial records

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