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News

21 Oct UPDATE 1-Retailer Casino’s parent Rallye gets offer for ‘Courir’ sports arm

Posted at 06:12h in News by KMFSLLP 0 Comments

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* Offer represents equity value of 283 mln euros (Adds detail and background)

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21 Oct UPDATE 1-KKR-backed Calsonic to buy Fiat Chrysler’s Magneti Marelli unit for $7.1 bln

Posted at 06:12h in News by KMFSLLP 0 Comments

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Japanese car parts maker Calsonic Kansei, owned by U.S. private equity firm KKR, has agreed to buy Fiat Chrysler's high-tech parts-making unit Magneti Marelli unit for 6.2 billion euros ($7.1 billion), the companies said.

21 Oct UPDATE 1-China’s tax cuts next year expected to reach 1 pct of GDP – PBOC adviser

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

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* China expects at least 1.3 trln yuan of tax reductions this year

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21 Oct Australia’s sovereign fund beats target return, moves cash into private equity

Posted at 05:38h in News by KMFSLLP 0 Comments

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Australia's sovereign wealth fund said on Monday its return on investment for the year to September beat its target by more than double as a strategy of shifting cash into private equity paid off.

21 Oct KKR-backed Calsonic to buy Fiat Chrysler’s Magneti Marelli unit for $7.1 bln

Posted at 05:30h in News by KMFSLLP 0 Comments

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21 Oct China share markets leap on support hopes, tax cuts

Posted at 04:59h in News by KMFSLLP 0 Comments

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Share markets in China surged on Monday morning in the wake of coordinated statements of support for plunging equity markets by senior regulators, and as China prepares to overhaul its income tax law for individuals.

21 Oct INTERVIEW-Taiyo Life to increase foreign debt holdings, but give Treasuries a pass

Posted at 04:38h in News by KMFSLLP 0 Comments

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Japan's Taiyo Life Insurance plans to continue increasing its foreign bond holdings in the second half of the financial year through March 2019 but U.S. Treasuries won't be part of their investment plans for that period, a senior executive told Reuters on Monday.

21 Oct China’s tax cuts next year expected to reach 1 pct of GDP – PBOC adviser

Posted at 04:08h in News by KMFSLLP 0 Comments

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China's tax cuts next year could exceed the equivalent of 1 percent of gross domestic product (GDP), a central bank adviser said in remarks published on Monday, in a sign policymakers might be considering another round of tax reductions.

21 Oct PNC partners with OnDeck for online small business lending

Posted at 04:01h in News by KMFSLLP 0 Comments

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PNC Financial Services Group's PNC Bank will use technology from digital lender OnDeck Capital to extend loans to small businesses online, the companies said on Monday.

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21 Oct UK peer-to-peer lender asks regulator for help

Posted at 04:00h in News by KMFSLLP 0 Comments

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Lendy appeals to FCA after major borrower threatens to sue it and its investors for £10m

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News

21 Oct UPDATE 1-Retailer Casino’s parent Rallye gets offer for ‘Courir’ sports arm

21 Oct UPDATE 1-KKR-backed Calsonic to buy Fiat Chrysler’s Magneti Marelli unit for $7.1 bln

21 Oct UPDATE 1-China’s tax cuts next year expected to reach 1 pct of GDP – PBOC adviser

21 Oct Australia’s sovereign fund beats target return, moves cash into private equity

21 Oct KKR-backed Calsonic to buy Fiat Chrysler’s Magneti Marelli unit for $7.1 bln

21 Oct China share markets leap on support hopes, tax cuts

21 Oct INTERVIEW-Taiyo Life to increase foreign debt holdings, but give Treasuries a pass

21 Oct China’s tax cuts next year expected to reach 1 pct of GDP – PBOC adviser

21 Oct PNC partners with OnDeck for online small business lending

21 Oct UK peer-to-peer lender asks regulator for help

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