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16 Apr UPDATE 4-China fans trade dispute with hefty deposit on U.S. sorghum imports

Posted at 19:03h in News by KMFSLLP 0 Comments

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* Deposit much higher than feared -traders (Adds ADM comments)

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16 Apr UPDATE 4-Goldman’s faith in roaring markets met with skepticism on Wall Street

Posted at 19:00h in News by KMFSLLP 0 Comments

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April 17 (Reuters) - Goldman Sachs Group Inc is so confident in its recent business boom that it will pause share buybacks in the second quarter and instead use capital to facilitate trades, loans and deals for customers, its finance chief said on Tuesday.

16 Apr Murray & Roberts’ second biggest shareholder increases stake amid takeover battle

Posted at 15:44h in News by KMFSLLP 0 Comments

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JOHANNESBURG, April 17 (Reuters) - Africa's biggest pension fund Public Investment Corporation (PIC) has increased its stake in Murray & Roberts to 20 percent after opposing a takeover offer for the South African engineering group.

16 Apr UPDATE 4-UnitedHealth earnings ease investor worries over flu season, stock up

Posted at 15:41h in News by KMFSLLP 0 Comments

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* Adj. EPS of $3.04 vs. est. $2.89 (Adds analyst comment, updates share prices)

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16 Apr CORRECTED-Landmark bad loan deal boosts Italy bank stocks and govt bonds

Posted at 15:19h in News by KMFSLLP 0 Comments

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MILAN, April 17 (Reuters) - Italian banking stocks rallied and bonds rose on Tuesday after the country's biggest lender, Intesa Sanpaolo, agreed a bad loan sale at favourable conditions, which investors say could help other lenders achieve better terms and boost lending.

16 Apr Lloyds unveils plans to cut 1,230 jobs, close 49 branches

Posted at 14:59h in News by KMFSLLP 0 Comments

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Lender moves to adapt to more online business and upstart rivals

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16 Apr UK’s Arbuthnot says head of main banking unit to step down

Posted at 14:42h in News by KMFSLLP 0 Comments

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April 17 (Reuters) - Britain's Arbuthnot Banking Group said on Tuesday Ian Henderson would step down as chief executive of its main banking unit, Arbuthnot Latham & Co Ltd, due to personal reasons.

16 Apr CORRECTED-Ramaphosa team to seek $100 bln investment for South Africa

Posted at 14:40h in News by KMFSLLP 0 Comments

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JOHANNESBURG, April 16 (Reuters) - South African President Cyril Ramaphosa appointed a team of business and finance experts on Monday to hunt the globe for $100 billion in investment to boost the ailing economy.

16 Apr Bulgaria’s EIG to acquire Ergo’s Ukrainian travel insurance business

Posted at 14:24h in News by KMFSLLP 0 Comments

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SOFIA, April 17 (Reuters) - Bulgaria's Euroins Insurance Group (EIG), part of Eurohold Bulgaria, said on Tuesday it is acquiring the Ukraine travel insurance business of Munich Re's Ergo as it continues to expand in emerging European markets.

16 Apr Lloyds Banking Group to axe 305 jobs and 49 more branches in Britain

Posted at 14:24h in News by KMFSLLP 0 Comments

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LONDON, April 17 (Reuters) - Lloyds Banking Group will cut 305 jobs and close 49 branches in Britain, the latest in a series of reductions to its workforce and network as it promotes its digital services.

News

16 Apr UPDATE 4-China fans trade dispute with hefty deposit on U.S. sorghum imports

16 Apr UPDATE 4-Goldman’s faith in roaring markets met with skepticism on Wall Street

16 Apr Murray & Roberts’ second biggest shareholder increases stake amid takeover battle

16 Apr UPDATE 4-UnitedHealth earnings ease investor worries over flu season, stock up

16 Apr CORRECTED-Landmark bad loan deal boosts Italy bank stocks and govt bonds

16 Apr Lloyds unveils plans to cut 1,230 jobs, close 49 branches

16 Apr UK’s Arbuthnot says head of main banking unit to step down

16 Apr CORRECTED-Ramaphosa team to seek $100 bln investment for South Africa

16 Apr Bulgaria’s EIG to acquire Ergo’s Ukrainian travel insurance business

16 Apr Lloyds Banking Group to axe 305 jobs and 49 more branches in Britain

KM Financial Solutions LLP

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