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News

13 Feb UPDATE 1-European shares steady as GDP numbers loom

Posted at 09:17h in News by KMFSLLP 0 Comments

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* Europe to take disproportionately large hit from virus- Analyst

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13 Feb UPDATE 1-NMC Health vice chair quits, shares fall further

Posted at 09:01h in News by KMFSLLP 0 Comments

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NMC Health said on Friday Executive Vice Chairman Khalifa Butti Omeir Bin Yousef had resigned from its board, the latest sign of turbulence at the United Arab Emirates largest private healthcare provider as it eyes a sale to one of two private equity groups.

13 Feb Hong Kong stocks end week higher as virus deaths fall

Posted at 08:52h in News by KMFSLLP 0 Comments

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Hong Kong stocks edged up on Friday, as the daily death and infection tolls in the epicentre of the coronavirus outbreak returned to lower levels, following a dramatic spike the previous day. ** At the close of trade, the Hang Seng index was up 0.3% at 27,815.60, up 1.5% week-on-week....

13 Feb South African court rejects unions’ application over SAA job cuts

Posted at 08:21h in News by KMFSLLP 0 Comments

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South Africa's labour court on Friday dismissed an application by two trade unions over planned job cuts at embattled South African Airways (SAA).

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13 Feb UPDATE 1-Slug and Lettuce owner gets go-ahead to become top pub group

Posted at 08:15h in News by KMFSLLP 0 Comments

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The UK's competition watchdog gave Slug and Lettuce owner Stonegate the green light to buy Ei Group on Friday, in a deal that would create Britain's largest pub company, and said it will not refer the merger to an in-depth investigation.

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13 Feb UPDATE 2-RBS to slash investment bank, rebrand as NatWest

Posted at 08:15h in News by KMFSLLP 0 Comments

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Royal Bank of Scotland's new Chief Executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest.

13 Feb European shares open at record high; Q4 GDP data in sight

Posted at 08:12h in News by KMFSLLP 0 Comments

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European shares inched up to a record high on Friday ahead of fourth-quarter GDP data from the EU, while concerns over the coronavirus outbreak eased after the World Health Organization downplayed a recent spike in cases.

13 Feb Chinese property firms bank on virtual reality as virus fears hit market

Posted at 08:02h in News by KMFSLLP 0 Comments

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China's property developers and realtors are turning to virtual reality salesrooms and livestream marketing to thaw a frozen market as the coronavirus epidemic keeps physical offices shut and potential buyers are afraid to leave their homes.

13 Feb China stocks end higher, post first weekly gain in four

Posted at 08:02h in News by KMFSLLP 0 Comments

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China stocks closed higher on Friday, marking their first weekly gain in four, on hopes that measures by the government to contain the coronavirus outbreak and limit its economic impact could continue to help equities.

13 Feb Brakes maker Haldex files complaint against Knorr-Bremse

Posted at 07:45h in News by KMFSLLP 0 Comments

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Sweden's Haldex has filed an antitrust complaint against top shareholder Knorr-Bremse arguing the rival brake systems maker's stake is hurting its ability to do business.

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News

13 Feb UPDATE 1-European shares steady as GDP numbers loom

13 Feb UPDATE 1-NMC Health vice chair quits, shares fall further

13 Feb Hong Kong stocks end week higher as virus deaths fall

13 Feb South African court rejects unions’ application over SAA job cuts

13 Feb UPDATE 1-Slug and Lettuce owner gets go-ahead to become top pub group

13 Feb UPDATE 2-RBS to slash investment bank, rebrand as NatWest

13 Feb European shares open at record high; Q4 GDP data in sight

13 Feb Chinese property firms bank on virtual reality as virus fears hit market

13 Feb China stocks end higher, post first weekly gain in four

13 Feb Brakes maker Haldex files complaint against Knorr-Bremse

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