Posted at 17:15h
in
News
by KMFSLLP
* Tech stocks shrug off Samsung warning
(Updates prices, adds details, quotes, graphic)
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Posted at 17:03h
in
News
by KMFSLLP
India's central bank has asked
lenders of Infrastructure Leasing and Financial Services Ltd
(IL&FS) to classify loans extended to the bankrupt shadow
banking firm as non-performing, two sources with direct
knowledge of the matter told Reuters on Tuesday.
Posted at 17:01h
in
News
by KMFSLLP
Sears Holdings Corp
will ask a bankruptcy judge on Tuesday if it can proceed with
liquidation after it could not reach an agreement on Chairman
Edward Lampert's $4.4 billion takeover bid, people familiar with
the matter said, potentially spelling the end for the
126-year-old U.S. department store chain.
Posted at 16:49h
in
News
by KMFSLLP
The new chief executive
officer of Brazil's state development bank said on Tuesday the
pace of sales of stakes owned by its investment arm in Brazilian
companies will depend on prices and the market impact of the
transactions.
Posted at 16:47h
in
News
by KMFSLLP
BASF is looking to
shed a sizeable portfolio of assets to try to salvage a deal it
struck in 2017 to buy Belgian chemicals group Solvay's
polyamide business, people close to the matter said.
Posted at 16:47h
in
News
by KMFSLLP
WeWork Cos Inc said on Tuesday it received
$2 billion in new funding from Japanese conglomerate SoftBank
Group Corp in a deal that values the company at $47
billion.
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Posted at 16:44h
in
News
by KMFSLLP
American Express Co suspended a
director in its foreign-exchange department as part of an
ongoing investigation into pricing practices in the division,
the Wall Street Journal reported https://on.wsj.com/2CWMTuh on
Tuesday, citing people familiar with the matter.
Posted at 16:39h
in
News
by KMFSLLP
Romania's central bank governor
said on Tuesday a "reckless" new government tax would make
monetary policy less efficient, after having hailed a calmer
outlook that allowed the bank to keep the benchmark interest
rate on hold.
Posted at 16:38h
in
News
by KMFSLLP
Italy is preparing a comeback to
the syndicated bond market with the launch a new 15-year
government bond in the coming days, two sources close to the
matter told Reuters on Tuesday.
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Posted at 16:35h
in
News
by KMFSLLP
The United States
imposed sanctions on Tuesday that target a Venezuelan currency
exchange network scheme that siphoned billions of dollars to
corrupt insiders of the Venezuelan government, the U.S. Treasury
Department said.
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