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News

12 Jan Aareal Bank open to Aareon unit sale in medium term – source

Posted at 13:23h in News by KMFSLLP 0 Comments

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German real estate lender Aareal Bank is open to selling its software business Aareon in the medium-term, a person close to the bank said on Monday, but will resist an activist investor's call for an immediate divestiture.

12 Jan Sri Lanka shares close lower as financial stocks drag

Posted at 13:18h in News by KMFSLLP 0 Comments

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Sri Lankan shares ended lower on Monday, weighed down by losses in financial stocks, while drug distributor Muller and Phipps (Ceylon) fell by the most in nearly eight years before paring some losses.

12 Jan UPDATE 1-EU Commission bans Bayer pesticide linked to harming bees

Posted at 13:07h in News by KMFSLLP 0 Comments

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The European Commission decided on Monday not to renew approval for a pesticide linked to harming bees, effectively banning Bayer's insecticide known as thiacloprid.

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12 Jan Letter: I beg to disagree

Posted at 12:52h in News by KMFSLLP 0 Comments

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From Mark Bogard, Chief Executive, Family Building Society, UK — The most read letter of the last week

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12 Jan Deadline to end use of Libor in doubt as banks stall on software changes

Posted at 12:42h in News by KMFSLLP 0 Comments

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* Some banks to miss October deadline to end Libor-linked loans

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12 Jan UPDATE 1-Rotenberg loses sanctions suit against Nordic banks

Posted at 12:42h in News by KMFSLLP 0 Comments

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Boris Rotenberg, a Russian businessman under U.S. sanctions over the Ukraine conflict due to his close ties with President Vladimir Putin, on Monday lost a discrimination lawsuit he filed in a Finnish court against four Nordic banks.

12 Jan Finnish court rejects Rotenberg’s suit against Nordic banks

Posted at 12:14h in News by KMFSLLP 0 Comments

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12 Jan COLUMN-Oil price slides as hedge funds’ buying fades: Kemp

Posted at 12:09h in News by KMFSLLP 0 Comments

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Despite the increase in tensions across the Middle East after the killing of an Iranian general by a U.S. air strike, hedge fund managers added only modestly to their bullish position in petroleum last week.