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News

18 Jul UPDATE 2-Trump says ‘not thrilled’ about U.S. interest rate hikes

Posted at 18:45h in News by KMFSLLP 0 Comments

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U.S. President Donald Trump on Thursday told CNBC that he was unhappy about the Federal Reserve's decision to hike interest rates, saying he was concerned about their potential impact on the U.S. economy and American competitiveness.

18 Jul UPDATE 1-France to bolster anti-takeover measures amid foreign investment boom

Posted at 18:22h in News by KMFSLLP 0 Comments

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* Legislation to be debated in the autumn (Adds European Commission position on golden shares)

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18 Jul All Britain’s Poundworld stores to close-administrator

Posted at 18:17h in News by KMFSLLP 0 Comments

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All British discount retailer Poundworld's stores will close by the middle of next month with the loss of thousands of jobs, the company's administrator Deloitte announced on Thursday.

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18 Jul Fiat Chrysler kicks off Magneti Marelli spin-off

Posted at 18:10h in News by KMFSLLP 0 Comments

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Fiat Chrysler (FCA) has kicked off its planned spin-off of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed.

18 Jul Tesla says Model 3 refunds not outpacing deposits

Posted at 18:09h in News by KMFSLLP 0 Comments

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Tesla Inc denied on Thursday that refunds of bookings of its Model 3 sedan were now outpacing reservations, responding to a report earlier in the day by a Wall Street brokerage citing channel checks on the electric carmaker.

18 Jul Cyber watchdog warns on Huawei security risks to critical UK networks

Posted at 18:06h in News by KMFSLLP 0 Comments

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More work needed to manage Chinese group’s presence, says report

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18 Jul UPDATE 2-Democrats attack Trump’s consumer watchdog pick in Senate hearing

Posted at 18:04h in News by KMFSLLP 0 Comments

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There were heated exchanges in U.S. Congress on Thursday as Democratic lawmakers grilled President Donald Trump's pick to lead the country's consumer watchdog on her involvement in the government's "zero tolerance" immigration policy.

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18 Jul Trump administration proposes altering rule on drug rebates

Posted at 18:01h in News by KMFSLLP 0 Comments

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The Trump administration has proposed a rule that would scale back protections currently in place that allow rebates between drug manufacturers and insurers and pharmacy benefits managers, according to the Office of Management and Budget (OMB) website.

18 Jul UPDATE 2-Canadian cannabis company Tilray soars in Nasdaq debut

Posted at 17:57h in News by KMFSLLP 0 Comments

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Private equity-backed Canadian medical marijuana company Tilray Inc rose more than 35 percent in its U.S. trading debut on Thursday after raising about $153 million in an initial public offering that was priced above the marketing range, indicating strong investor appetite.

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18 Jul Brussels threatens UK with court action over illegal tax breaks

Posted at 17:21h in News by KMFSLLP 0 Comments

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Commission says loopholes disadvantage investors and break single market rules

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News

18 Jul UPDATE 2-Trump says ‘not thrilled’ about U.S. interest rate hikes

18 Jul UPDATE 1-France to bolster anti-takeover measures amid foreign investment boom

18 Jul All Britain’s Poundworld stores to close-administrator

18 Jul Fiat Chrysler kicks off Magneti Marelli spin-off

18 Jul Tesla says Model 3 refunds not outpacing deposits

18 Jul Cyber watchdog warns on Huawei security risks to critical UK networks

18 Jul UPDATE 2-Democrats attack Trump’s consumer watchdog pick in Senate hearing

18 Jul Trump administration proposes altering rule on drug rebates

18 Jul UPDATE 2-Canadian cannabis company Tilray soars in Nasdaq debut

18 Jul Brussels threatens UK with court action over illegal tax breaks

KM Financial Solutions LLP

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