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25 Feb CIBC reports rise in quarterly profit

Posted at 11:02h in News by KMFSLLP 0 Comments

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Canadian Imperial Bank of Commerce on Wednesday reported a 2.5% rise in quarterly profit, boosted by gains in its capital markets unit.

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25 Feb UPDATE 1-Toyota says Japan plants may be affected by virus-related supply issues

Posted at 10:24h in News by KMFSLLP 0 Comments

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Toyota Motor Corp on Wednesday said that operations at its plants in Japan may be affected by supply chain issues linked to the new coronavirus outbreak in the coming weeks, as the global outbreak gathers pace.

25 Feb UPDATE 1-Blackstone to buy British student housing group iQ for $6 bln

Posted at 10:24h in News by KMFSLLP 0 Comments

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Goldman Sachs' merchant banking unit and medical charity Wellcome Trust have agreed to sell https://www.iqstudentaccommodation.com/blackstone-acquire-iq the British student accommodation company iQ to Blackstone for 4.66 billion pounds ($6.06 billion), the companies said.

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25 Feb China c.bank says most of new re-lending quota to target small, agricultural firms

Posted at 10:01h in News by KMFSLLP 0 Comments

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China's central bank said on Wednesday that it will target the allocation of 300 billion yuan ($43 billion) of a new re-lending quota to smaller firms, and 100 billion yuan to agricultural firms.

25 Feb Johnson should handle Whitehall with care

Posted at 10:00h in News by KMFSLLP 0 Comments

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Impartial and professional civil service is one of the UK’s strengths

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25 Feb UPDATE 1-European shares tumble to four-month low as virus risks grow

Posted at 09:45h in News by KMFSLLP 0 Comments

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* Travel & leisure stocks lead declines again (Adds comment, updates prices)

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25 Feb Blackstone to buy British student housing group iQ for $6.06 bln

Posted at 09:39h in News by KMFSLLP 0 Comments

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25 Feb UPDATE 1-Italy’s govt seeks to end ultra-fast broadband stalemate

Posted at 09:18h in News by KMFSLLP 0 Comments

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Italy's government sought to end a stalemate between telephone incumbent Telecom Italia and fibre-optic rival Open Fiber over plans for a unified ultra-fast broadband network, by urging parties involved to find an accord quickly.

25 Feb CORRECTED-UPDATE 1-Edenred tops full-year revenue goal, looks for more acquisitions

Posted at 08:42h in News by KMFSLLP 0 Comments

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French meal vouchers and card provider Edenred beat its own full-year revenue forecast and said it was looking for new acquisitions this year.

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25 Feb Hong Kong stocks weaken amid pandemic fears

Posted at 08:40h in News by KMFSLLP 0 Comments

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Hong Kong stocks closed lower on Wednesday as fears grew over the rapidly spreading coronavirus outbreak outside China, though losses narrowed after the Asian financial hub rolled out stimulus to prop up its economy.

News

25 Feb CIBC reports rise in quarterly profit

25 Feb UPDATE 1-Toyota says Japan plants may be affected by virus-related supply issues

25 Feb UPDATE 1-Blackstone to buy British student housing group iQ for $6 bln

25 Feb China c.bank says most of new re-lending quota to target small, agricultural firms

25 Feb Johnson should handle Whitehall with care

25 Feb UPDATE 1-European shares tumble to four-month low as virus risks grow

25 Feb Blackstone to buy British student housing group iQ for $6.06 bln

25 Feb UPDATE 1-Italy’s govt seeks to end ultra-fast broadband stalemate

25 Feb CORRECTED-UPDATE 1-Edenred tops full-year revenue goal, looks for more acquisitions

25 Feb Hong Kong stocks weaken amid pandemic fears

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