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News

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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13 Feb UPDATE 6-U.S. accuses Huawei of stealing trade secrets, assisting Iran

Posted at 07:36h in News by KMFSLLP 0 Comments

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U.S. prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese company, escalating the U.S. battle with the world's largest telecommunications equipment maker.

13 Feb UK’s CMA ends probe into Slug and Lettuce pub owner’s takeover of Ei Group

Posted at 07:31h in News by KMFSLLP 0 Comments

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The UK's competition watchdog said on Friday it will not be referring the takeover of Ei Group by Slug and Lettuce owner Stonegate to an in-depth investigation.

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13 Feb UPDATE 1-RBS to slash investment bank, rebrand as NatWest

Posted at 07:27h 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 Foreigners turn net buyers of Japanese stocks for week ending Feb. 7

Posted at 07:19h in News by KMFSLLP 0 Comments

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Foreign investors turned net buyers of Japanese equities last week as local shares tracked the rally in U.S. stocks, shrugging off fears related to the coronavirus outbreak in China.

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13 Feb ByteDance to name exclusive head for gaming, signalling ambitions for business -sources

Posted at 07:18h in News by KMFSLLP 0 Comments

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China's ByteDance, the owner of video-sharing app TikTok, will appoint an executive to exclusively lead its nascent gaming business, sources said, signalling its growth ambitions in the sector and an intensifying rivalry with tech giant Tencent.

13 Feb RBS profits beat expectations, to rebrand as NatWest

Posted at 07:01h in News by KMFSLLP 0 Comments

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Royal Bank of Scotland reported a better than expected pre-tax profit of 4.2 billion pounds($5.48 billion)on Friday, as chief executive Alison Rose set out a new strategy including a planned renaming of the taxpayer-backed group to its biggest brand NatWest.

13 Feb Australia shares mark best week in a month on rosy earnings

Posted at 07:01h in News by KMFSLLP 0 Comments

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Australian shares closed higher on Friday, rising more than 1.5% in a week that saw better-than-expected corporate earnings lift prospects for heavyweight financials despite investor concerns over the fast-spreading coronavirus outbreak.

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13 Feb Lenders cheered as Kenya binged on medical equipment. Did patients get help?

Posted at 07:00h in News by KMFSLLP 0 Comments

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Kenya's health minister celebrated the delivery of a CT scanner at a large county hospital, telling journalists that sick patients could now be diagnosed locally.

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13 Feb WRAPUP 4-No peak in sight as China reports 5,000 new coronavirus cases

Posted at 06:45h in News by KMFSLLP 0 Comments

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China's coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.

News

13 Feb Brakes maker Haldex files complaint against Knorr-Bremse

13 Feb UPDATE 6-U.S. accuses Huawei of stealing trade secrets, assisting Iran

13 Feb UK’s CMA ends probe into Slug and Lettuce pub owner’s takeover of Ei Group

13 Feb UPDATE 1-RBS to slash investment bank, rebrand as NatWest

13 Feb Foreigners turn net buyers of Japanese stocks for week ending Feb. 7

13 Feb ByteDance to name exclusive head for gaming, signalling ambitions for business -sources

13 Feb RBS profits beat expectations, to rebrand as NatWest

13 Feb Australia shares mark best week in a month on rosy earnings

13 Feb Lenders cheered as Kenya binged on medical equipment. Did patients get help?

13 Feb WRAPUP 4-No peak in sight as China reports 5,000 new coronavirus cases

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