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News

03 May Why those obituaries for diesel fuel need ripping up

Posted at 03:00h in News by KMFSLLP 0 Comments

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Despite its problems, those writing off diesel are doing so too quickly

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02 May UPDATE 2-Ex-Volkswagen CEO Winterkorn charged in U.S. over diesel scandal

Posted at 20:54h in News by KMFSLLP 0 Comments

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WASHINGTON, May 3 (Reuters) - Federal prosecutors in Detroit on Thursday unsealed charges against former Volkswagen AG Chief Executive Martin Winterkorn, accusing him of conspiring to mislead regulators about the German automaker's diesel emissions cheating.

02 May U.S. FDA chief questions protections on drug rebates, stocks fall

Posted at 20:45h in News by KMFSLLP 0 Comments

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May 3 (Reuters) - U.S. Food and Drug Administration chief Scott Gottlieb on Thursday questioned whether rebates that drugmakers provide to health insurers should remain protected by federal law, sparking new concerns on Wall Street over efforts to curb drug pricing.

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02 May UPDATE 1-U.S. SEC orders rapper Jay-Z’s to testify on clothing brand sale

Posted at 20:45h in News by KMFSLLP 0 Comments

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WASHINGTON, May 3 (Reuters) - Music mogul and businessman Jay-Z must explain details of the sale of his clothing line to determine whether it violated federal securities laws, the U.S. Securities and Exchange Commission (SEC) said on Thursday.

02 May UPDATE 3-Former Wilmington Trust executives convicted in U.S. fraud trial

Posted at 20:43h in News by KMFSLLP 0 Comments

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May 3 (Reuters) - Four former Wilmington Trust Co executives were convicted on Thursday of U.S. charges that they concealed from regulators the amount of troubled loans still on the bank's books after the 2008 financial crisis, prosecutors said.

02 May President of bank Banesco flying to Venezuela after executives arrested

Posted at 20:34h in News by KMFSLLP 0 Comments

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CARACAS, May 3 (Reuters) - The president of Venezuelan bank Banesco, Juan Carlos Escotet, said in a video posted on Twitter on Thursday that he would fly to Venezuela from Portugal after the detention of 11 top executives in Caracas. (Reporting by Alexandra Ulmer; Editing by Lisa Shumaker)

02 May UPDATE 5-Vonovia offers $1.1 bln for Sweden’s Victoria Park, trumping Starwood

Posted at 20:25h in News by KMFSLLP 0 Comments

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* Vonovia ups guidance for 2018 after Q1 earnings (Adds results of cash call)

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02 May Hedge fund heaps criticism on Tesla after Musk’s conference call

Posted at 20:23h in News by KMFSLLP 0 Comments

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NEW YORK, May 3 (Reuters) - A small hedge fund manager who has long been betting against Tesla Inc on Thursday redoubled his call for the stock to fall to zero, comments that came as investors were already hammering the electric car maker.

02 May UPDATE 3-U.S. prosecutors dealt dual setbacks in mortgage bond fraud crackdown

Posted at 20:21h in News by KMFSLLP 0 Comments

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May 3 (Reuters) - U.S. prosecutors cracking down on deceptive mortgage bond trading practices on Thursday suffered dual losses as a federal appeals court overturned an ex-Jefferies Group trader's conviction and a jury acquitted a former Cantor Fitzgerald employee.

02 May UPDATE 1-Short-sellers call out charm bracelet, water bottle makers at conference

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

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NEW YORK, May 3 (Reuters) - Hedge fund managers looking to profit from falling share prices took center stage at a New York conference on Thursday, zeroing in on makers of water bottles, charm bracelets and other consumer companies

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News

03 May Why those obituaries for diesel fuel need ripping up

02 May UPDATE 2-Ex-Volkswagen CEO Winterkorn charged in U.S. over diesel scandal

02 May U.S. FDA chief questions protections on drug rebates, stocks fall

02 May UPDATE 1-U.S. SEC orders rapper Jay-Z’s to testify on clothing brand sale

02 May UPDATE 3-Former Wilmington Trust executives convicted in U.S. fraud trial

02 May President of bank Banesco flying to Venezuela after executives arrested

02 May UPDATE 5-Vonovia offers $1.1 bln for Sweden’s Victoria Park, trumping Starwood

02 May Hedge fund heaps criticism on Tesla after Musk’s conference call

02 May UPDATE 3-U.S. prosecutors dealt dual setbacks in mortgage bond fraud crackdown

02 May UPDATE 1-Short-sellers call out charm bracelet, water bottle makers at conference

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