Global

BRIEF: Coronation Fund Managers Q1 AUM hits ZAR576 billion
JSE SENS

BRIEF: Coronation Fund Managers Q1 AUM hits ZAR576 billion

Coronation Fund Managers Limited said its total assets under management, AUM as at 31 March 2017 were R576 billion. Corporate information Coronation Fund Managers Limited is a South Africa-based investment-led, owner-managed business. The Company is an active investment manager that focuses on fund management. Its segments include Africa and International. […]

EBRD invests EUR23.6 million in PKO Bank debt
Global

EBRD invests EUR23.6 million in PKO Bank debt

The EBRD has invested PLN 100 million in in a zloty-denominated benchmark covered bond issue by PKO Bank Hipoteczny S.A. (PKO BH) The investment is approximately EUR23.6 million equivalent. The EBRD it is also the EBRD’s third PLN-denominated benchmark issue by PKO BH under the new covered bond legislation that […]

Rebound in upstream pushes ExxonMobil revenue to $4 billion
Energy

Rebound in upstream pushes ExxonMobil revenue to $4 billion

ExxonMobil Corporation said its estimated first quarter 2017 earnings rose to $4 billion. As benefit to its shareholders, it translated into $0.95 per diluted share, compared with $1.8 billion a year earlier, resulting from improvements in commodity prices, cost management and refining operations. Commenting on the result, Darren W. Woods, […]

EY opens Blockchain Lab in New York
Bitcoin

EY opens Blockchain Lab in New York

EY said it has opened its own Blockchain Lab in New York, United States of America. The company said the Blockchain Lab will run on a set of applications and services aimed at helping organizations commercialize the use of blockchain technology across the enterprise. EY Ops Chain combines blockchain-based services […]

Spirit Airlines starts flights to Hartford’s Bradley International Airport
aviation

Spirit Airlines starts flights to Hartford’s Bradley International Airport

Spirit Airlines has started nonstop flights from Hartford’s Bradley International Airport (BDL) to the Myrtle Beach International Airport (MYR), Orlando International Airport (MCO) and Fort Lauderdale-Hollywood International Airport. The airline announced via an email statement that: “We are thrilled to deliver this nonstop service to two of the country’s most […]