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News

16 Sep Brexit: Theresa May gambles on Chequers plan to foil Eurosceptics

Posted at 17:00h in News by KMFSLLP 0 Comments

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George Parker on UK PM's fight against Brexiters and Labour

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16 Sep UPDATE 2-Activist ValueAct raises stake in Horizon Discovery

Posted at 16:57h in News by KMFSLLP 0 Comments

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Activist hedge fund ValueAct Capital has nearly doubled its stake in Horizon Discovery Group, buying an additional 7.5 million shares from Woodford Investment Management.

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16 Sep UPDATE 1-Russian giant copper project in talks to raise $1.25 bln

Posted at 16:57h in News by KMFSLLP 0 Comments

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* Udokan is one of the world's largest untapped copper deposits

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16 Sep UPDATE 2-South Africa’s Naspers plans to spin off, list pay-TV unit

Posted at 16:41h in News by KMFSLLP 0 Comments

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South Africa's Naspers unveiled plans on Monday to spin off and list separately its pay-TV unit, its first major move aimed at narrowing a discount between its market value and the value of its stake in Chinese technology giant Tencent.

16 Sep UPDATE 2-Saudi’s PIF invests more than $1 bln in electric carmaker Lucid Motors

Posted at 16:27h in News by KMFSLLP 0 Comments

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Saudi Arabia's Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla.

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16 Sep UPDATE 2-India to merge three state-owned banks to tackle bad loans

Posted at 16:18h in News by KMFSLLP 0 Comments

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* Merged bank to be India's third-largest with assets of $204 bln

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16 Sep UPDATE 1-UK shares flat as market awaits U.S. trade move

Posted at 16:09h in News by KMFSLLP 0 Comments

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* Housebuilders up on encouraging Rightmove data (Adds closing prices)

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16 Sep UPDATE 1-Scottish fund Baillie Gifford cuts DIA stake to 8.6 pct

Posted at 16:08h in News by KMFSLLP 0 Comments

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Scottish fund Baillie Gifford has cut its stake in DIA to 8.6 percent from 10 percent as the Spanish supermarket group attempts to restore credibility after a string of poor results.

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16 Sep UPDATE 2-Budget optimism lifts Italy’s bonds; ratings news boosts Cyprus

Posted at 15:58h in News by KMFSLLP 0 Comments

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* Graphic: Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Updates pricing, includes rise in U.S. Treasury yields)

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16 Sep UPDATE 2-European stocks keep steady amid tariffs fears; H&M surges

Posted at 15:56h in News by KMFSLLP 0 Comments

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European shares recovered from a weak start on Monday and closed in positive territory after a choppy session amid reports U.S. President Trump plans new 10 percent tariffs on $200 billion of Chinese imports.

News

16 Sep Brexit: Theresa May gambles on Chequers plan to foil Eurosceptics

16 Sep UPDATE 2-Activist ValueAct raises stake in Horizon Discovery

16 Sep UPDATE 1-Russian giant copper project in talks to raise $1.25 bln

16 Sep UPDATE 2-South Africa’s Naspers plans to spin off, list pay-TV unit

16 Sep UPDATE 2-Saudi’s PIF invests more than $1 bln in electric carmaker Lucid Motors

16 Sep UPDATE 2-India to merge three state-owned banks to tackle bad loans

16 Sep UPDATE 1-UK shares flat as market awaits U.S. trade move

16 Sep UPDATE 1-Scottish fund Baillie Gifford cuts DIA stake to 8.6 pct

16 Sep UPDATE 2-Budget optimism lifts Italy’s bonds; ratings news boosts Cyprus

16 Sep UPDATE 2-European stocks keep steady amid tariffs fears; H&M surges

KM Financial Solutions LLP

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