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News

25 Jul UPDATE 1-KKR Q2 earnings jump; boosted by selling down GoDaddy, Gardner Denver stakes

Posted at 17:11h in News by KMFSLLP 0 Comments

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Alternative asset manager KKR & Co on Thursday reported a 46 percent year-on-year rise in distributable earnings for the second quarter, boosted by selling down stakes in investments like GoDaddy Inc and Gardner Denver Holdings.

25 Jul UPDATE 1-Shell slide weighs on Britain’s FTSE as earnings in focus

Posted at 16:49h in News by KMFSLLP 0 Comments

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* But BATS, Relx, Smith & Nephew gain after updates (Adds closing prices)

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25 Jul Maduro move to lop five zeroes off currency worries Venezuelans

Posted at 16:45h in News by KMFSLLP 0 Comments

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Some Venezuelans worried on Thursday about how to pay for public transport and gasoline after leftist President Nicolas Maduro announced plans to slash five zeroes off the country's bolivar currency, rather than the three originally planned.

25 Jul UPDATE 1-European shares climb to 6-week high after trade truce

Posted at 16:33h in News by KMFSLLP 0 Comments

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* Airbus, BATS rise after results; Nokia, Kion drop (Adds details, updates prices)

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25 Jul BBC refused permission to appeal against Cliff Richard judgment

Posted at 16:29h in News by KMFSLLP 0 Comments

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Broadcaster agrees to pay singer’s £850,000 legal costs in privacy case

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25 Jul UPDATE 1-Prudential Financial to take over $923 mln in Raytheon pension benefits

Posted at 16:25h in News by KMFSLLP 0 Comments

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U.S. insurer Prudential Financial Inc will take over $923 million in pension obligations from Tomahawk missile maker Raytheon Co in a deal that will cover about 13,000 U.S. Raytheon retirees, the companies said on Thursday.

25 Jul UPDATE 1-Swiss hospital says it treated former Fiat Chrysler CEO Marchionne for more than a year

Posted at 16:17h in News by KMFSLLP 0 Comments

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Former Fiat Chrysler Chief Executive Sergio Marchionne was having treatment for a serious illness for more than a year before his death on Wednesday, University Hospital Zurich (USZ) said on Thursday.

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25 Jul UK economics graduates lack required skills, study finds

Posted at 16:11h in News by KMFSLLP 0 Comments

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Universities failing to equip them with the ability to think critically

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25 Jul Hedge funds hit by Qualcomm-NXP deal collapse

Posted at 16:06h in News by KMFSLLP 0 Comments

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Hedge funds betting Qualcomm would succeed in a $44 billion bid for NXP Semiconductors face steep losses after the deal fell through - taking the shine off a strong start to the year for many funds.

25 Jul REFILE-Asset managers wobble as trade tensions hit client sentiment

Posted at 16:03h in News by KMFSLLP 0 Comments

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A shock warning on demand from Germany's DWS and cautious outlooks from peers point to a tougher second half of the year for many asset managers as global trade tensions contribute to a more volatile outlook.

News

25 Jul UPDATE 1-KKR Q2 earnings jump; boosted by selling down GoDaddy, Gardner Denver stakes

25 Jul UPDATE 1-Shell slide weighs on Britain’s FTSE as earnings in focus

25 Jul Maduro move to lop five zeroes off currency worries Venezuelans

25 Jul UPDATE 1-European shares climb to 6-week high after trade truce

25 Jul BBC refused permission to appeal against Cliff Richard judgment

25 Jul UPDATE 1-Prudential Financial to take over $923 mln in Raytheon pension benefits

25 Jul UPDATE 1-Swiss hospital says it treated former Fiat Chrysler CEO Marchionne for more than a year

25 Jul UK economics graduates lack required skills, study finds

25 Jul Hedge funds hit by Qualcomm-NXP deal collapse

25 Jul REFILE-Asset managers wobble as trade tensions hit client sentiment

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