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News

07 Apr Furloughed UK employees cleared to undertake extra work

Posted at 03:00h in News by KMFSLLP 0 Comments

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New guidance helps farming but falls short of social care sector demands

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07 Apr UPDATE 1-Airbnb’s new $1 bln investment comes at lower valuation -sources

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Airbnb Inc's new $1 billion investment from private equity firms Silver Lake and Sixth Street Partners has terms that imply a reduced valuation of the home rental company, people familiar with the matter said on Tuesday.

06 Apr Jordan IMF programme needs adjusting after coronavirus -central bank governor

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Jordan is in discussions with the IMF seeking to change some of the objectives of a four-year programme of structural reforms because of the negative impact of the coronavirus on the aid-dependent economy, the central bank governor said on Tuesday.

06 Apr Johnson’s illness makes government unity vital

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Prime minister’s health emergency is an anxious time for his family and his country

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06 Apr UPDATE 4-WeWork sues SoftBank for dropping $3 bln tender offer

Posted at 23:29h in News by KMFSLLP 0 Comments

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A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday for abandoning the deal, accusing it of succumbing to "buyer's remorse" amid the novel coronavirus outbreak.

06 Apr KKR sets up $50 million international coronavirus relief fund

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KKR & Co Inc has established a $50 million global relief fund to help people affected by the new coronavirus, according to a letter the U.S. private equity firm sent to its investors on Tuesday.

06 Apr Airbnb to terminate $1 bln credit facility after private equity deal -sources

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Airbnb Inc is planning to terminate a $1 billion credit facility following an investment of the same amount it secured from private equity firms Silver Lake and Sixth Street Partners, people familiar with the matter said on Tuesday.

06 Apr UK investors say cashbox capital raising comes at a price

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Companies lining up for cash in coming weeks to get through the coronavirus pandemic should listen to shareholders and not just be led by their investment banks, Britain's Investment Association (IA) said on Wednesday.

06 Apr Trump says $70 bln in coronavirus rescue loans authorized. But where’s the cash?

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Roughly $70 billion of a $350 billion pot of loans to cover the payrolls of ailing small businesses have been originated by U.S. lenders in recent days, President Donald Trump said on Tuesday, adding that that money was "essentially loaned."

06 Apr Australia shares likely to dip at open, NZ up

Posted at 22:31h in News by KMFSLLP 0 Comments

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Australian shares are expected to open lower on Wednesday as warnings of an economic slump and a spike in unemployment due to the coronavirus pandemic dampened sentiment, overshadowing early signs of a slowdown in fatalities and new cases across some global hot spots. The local share...

News

07 Apr Furloughed UK employees cleared to undertake extra work

07 Apr UPDATE 1-Airbnb’s new $1 bln investment comes at lower valuation -sources

06 Apr Jordan IMF programme needs adjusting after coronavirus -central bank governor

06 Apr Johnson’s illness makes government unity vital

06 Apr UPDATE 4-WeWork sues SoftBank for dropping $3 bln tender offer

06 Apr KKR sets up $50 million international coronavirus relief fund

06 Apr Airbnb to terminate $1 bln credit facility after private equity deal -sources

06 Apr UK investors say cashbox capital raising comes at a price

06 Apr Trump says $70 bln in coronavirus rescue loans authorized. But where’s the cash?

06 Apr Australia shares likely to dip at open, NZ up

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