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News

02 Oct UPDATE 3-High-interest debt issuance boosts Argentina’s peso for third day

Posted at 18:28h in News by KMFSLLP 0 Comments

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Argentina's peso rallied for a third straight day on Wednesday, after high-interest short-term debt issued by the central bank soaked up liquidity, a strategy that has raised concern about the sustainability of the country's program.

02 Oct Changes to U.S. community banking law appropriate -Fed’s Mester

Posted at 18:15h in News by KMFSLLP 0 Comments

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The Community Reinvestment Act has improved home and small business lending in poorer U.S. communities, but should be overhauled to take account of changes in technology and banking practices, Cleveland Federal Reserve President Loretta Mester said on Wednesday.

02 Oct London IPO market hit by double disappointments

Posted at 17:48h in News by KMFSLLP 0 Comments

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Aston Martin and Funding Circle raise doubts about outlook for listings

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02 Oct May papers over Tory party’s growing cracks

Posted at 17:39h in News by KMFSLLP 0 Comments

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UK prime minister’s challenges will only increase in coming months

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02 Oct US STOCKS-Wall St climbs as financials gain; S&P nears record high

Posted at 17:26h in News by KMFSLLP 0 Comments

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* Indexes up: Dow 0.59 pct, S&P 0.44 pct, Nasdaq 0.62 pct (Updates to early afternoon)

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02 Oct UPDATE 1-Hudson Bay Capital holds short position on Tesla stock

Posted at 17:20h in News by KMFSLLP 0 Comments

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U.S. hedge fund Hudson Bay Capital Management holds a short position in shares of automaker Tesla Inc, its chief executive said on Wednesday.

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02 Oct UPDATE 3-Lennar cuts forecast for orders, deliveries citing Hurricane Florence

Posted at 17:02h in News by KMFSLLP 0 Comments

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* Co says to focus on construction cost savings (Adds conf. call details, background, updates shares)

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02 Oct UPDATE 2-No risk of default, Italy’s Savona says as he pushes EU reform

Posted at 16:58h in News by KMFSLLP 0 Comments

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There is "no chance" of Italy defaulting on its debts and the country is very different from Greece, Italy's minister for European affairs was quoted on Wednesday as telling EU lawmakers.

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02 Oct REFILE-UPDATE 1-Dubai’s $36 bln Al Maktoum airport expansion put on hold – sources

Posted at 16:42h in News by KMFSLLP 0 Comments

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The expansion of Dubai's second airport, Al Maktoum International, to handle 120 million passengers a year by 2025 has been delayed, according to sources familiar with the matter.

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02 Oct UPDATE 2-Altice Europe gets about ten bids for French fibre stake – sources

Posted at 16:37h in News by KMFSLLP 0 Comments

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* Entity may be valued 1.9-3.8 bln euros - source (Recasts story, adds details, background)

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News

02 Oct UPDATE 3-High-interest debt issuance boosts Argentina’s peso for third day

02 Oct Changes to U.S. community banking law appropriate -Fed’s Mester

02 Oct London IPO market hit by double disappointments

02 Oct May papers over Tory party’s growing cracks

02 Oct US STOCKS-Wall St climbs as financials gain; S&P nears record high

02 Oct UPDATE 1-Hudson Bay Capital holds short position on Tesla stock

02 Oct UPDATE 3-Lennar cuts forecast for orders, deliveries citing Hurricane Florence

02 Oct UPDATE 2-No risk of default, Italy’s Savona says as he pushes EU reform

02 Oct REFILE-UPDATE 1-Dubai’s $36 bln Al Maktoum airport expansion put on hold – sources

02 Oct UPDATE 2-Altice Europe gets about ten bids for French fibre stake – sources

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