Posted at 15:40h
in
News
by KMFSLLP
* Company made Q1 loss on higher net credit losses
(Adds colour on business model, market reach, growth outlook)
...
Posted at 15:40h
in
News
by KMFSLLP
U.S.
President Donald Trump on Tuesday dismissed concerns over a
protracted trade war with China, as Beijing warned that
Washington's decision to label it a currency manipulator would
lead to chaos in financial markets.
Posted at 15:13h
in
News
by KMFSLLP
South Africa's state power
utility Eskom urgently needs a turnaround plan as its capital
structure is unsustainable, credit ratings agency Moody's said
on Tuesday in a report which sent the rand lower.
...
Posted at 15:01h
in
News
by KMFSLLP
U.S. President Donald Trump's new
executive order on Venezuela means that U.S. sanctions can now
be imposed on any business done with the Venezuelan government,
White House national security adviser John Bolton told reporters
on Tuesday.
Posted at 14:54h
in
News
by KMFSLLP
White House trade adviser
Peter Navarro on Monday called on the U.S. Federal Reserve to
cut interest rates by another three-quarters of a point to full
point by end of year to bring U.S. rates into line to with rates
elsewhere.
...
Posted at 14:47h
in
News
by KMFSLLP
Vivendi is in
talks to sell up to 20% of Universal Music Group (UMG) to
Tencent, valuing its prized asset at around 30 billion euros
($34 billion), as both firms look outside their core regions to
expand in a recovering global music market.
Posted at 14:22h
in
News
by KMFSLLP
* Enthusiasts say decentralised nature gives potential as
haven
...
Posted at 14:10h
in
News
by KMFSLLP
Aug 6 - Philadelphia Federal Reserve Bank President Patrick
Harker on Tuesday encouraged researchers to develop more "angles
of analysis" on the economy "at a time when far more of the
variables appear to be uncertain - or unruly."
Posted at 13:17h
in
News
by KMFSLLP
U.S. President Donald Trump
wants to continue trade talks with China and the Trump
administration is still planning to host a Chinese delegation
for further talks in September, a top White House adviser said
on Tuesday.
Posted at 13:15h
in
News
by KMFSLLP
Former Aberdeen university vice-chancellor Ian Diamond coaxed out of retirement
...