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News

03 Mar Regulatory equivalence with EU could risk US deal

Posted at 18:29h in News by KMFSLLP 0 Comments

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Banker warns that international partners who require more flexibility could be deterred

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03 Mar UPDATE 2-Jordan to cut main rates by 50 bps to spur growth

Posted at 18:20h in News by KMFSLLP 0 Comments

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The Central Bank of Jordan said it would cut its main interest rates by 50 basis points on Thursday, following the U.S. Fed's 50 bps rate cut on Tuesday, to encourage consumption and investment needed to spur economic growth.

03 Mar RPT-UPDATE 3-GE says coronavirus will hit first-quarter cash flow, sticks to full-year forecast

Posted at 18:10h in News by KMFSLLP 0 Comments

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General Electric Co predicted on Wednesday that the coronavirus would wipe out a substantial chunk of industrial free cash flow in the first quarter, but stuck to full-year financial targets the company set in January.

03 Mar Keep calm and work from home during coronavirus, European banks tell workers

Posted at 17:52h in News by KMFSLLP 0 Comments

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Global banks and small investment firms in Europe are urging staff to work from home and curb travel as the financial industry braces for disruption from the rapidly spreading coronavirus outbreak.

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03 Mar Bank of England warns insurance boards against ‘groupthink’

Posted at 17:49h in News by KMFSLLP 0 Comments

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Insurance company board members with different skills and experience reduce the risk of "groupthink", the Bank of England said on Wednesday, reminding firms to comply with requirements to have a diversity policy.

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03 Mar UPDATE 2-UK stocks enjoy three-day winning streak as investors eye rate cuts

Posted at 17:30h in News by KMFSLLP 0 Comments

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* Airlines lag broader rally as virus fears hit travel demand

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03 Mar Insurers warn government Canada’s flood mapping must not take a decade

Posted at 17:26h in News by KMFSLLP 0 Comments

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Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry, amid skyrocketing costs, is concerned the government will move too slowly on the key first step of mapping flood risks.

03 Mar France says four buyers looking at British Steel’s French business

Posted at 17:24h in News by KMFSLLP 0 Comments

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Four bidders have expressed interest in buying British Steel's French business, France's finance minister said on Wednesday after Chinese steelmaker Jingye Group said it would buy its British and Dutch assets.

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03 Mar UPDATE 2-European shares up on defensive plays as stimulus hopes laced with caution

Posted at 17:15h in News by KMFSLLP 0 Comments

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* Roche gains as China to use its drug to treat coronavirus (Updates to close)

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03 Mar UPDATE 3-Bank of Canada takes cue from Fed and others, slashes rates over coronavirus fears

Posted at 17:11h in News by KMFSLLP 0 Comments

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The Bank of Canada, taking its cue from other central banks, slashed a key interest rate by the most in more than a decade on Wednesday to help tackle a coronavirus outbreak and said it would cut again if necessary.

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News

03 Mar Regulatory equivalence with EU could risk US deal

03 Mar UPDATE 2-Jordan to cut main rates by 50 bps to spur growth

03 Mar RPT-UPDATE 3-GE says coronavirus will hit first-quarter cash flow, sticks to full-year forecast

03 Mar Keep calm and work from home during coronavirus, European banks tell workers

03 Mar Bank of England warns insurance boards against ‘groupthink’

03 Mar UPDATE 2-UK stocks enjoy three-day winning streak as investors eye rate cuts

03 Mar Insurers warn government Canada’s flood mapping must not take a decade

03 Mar France says four buyers looking at British Steel’s French business

03 Mar UPDATE 2-European shares up on defensive plays as stimulus hopes laced with caution

03 Mar UPDATE 3-Bank of Canada takes cue from Fed and others, slashes rates over coronavirus fears

KM Financial Solutions LLP

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