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News

03 Mar UPDATE 2-Debt-laden Intu ditches equity raising, shares hit record low

Posted at 09:10h in News by KMFSLLP 0 Comments

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* Shares fall nearly 40% to record low (Adds shares, detail on debt, trading, background)

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03 Mar China stocks end higher as Fed rate cut bolsters hopes of domestic policy push

Posted at 08:58h in News by KMFSLLP 0 Comments

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China stocks settled higher on Wednesday as investors hoped for more domestic policy stimulus after the U.S. Federal Reserve cut interest rates to tackle the economic fallout from the coronavirus.

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03 Mar Hong Kong stocks ease after Fed rate cut

Posted at 08:46h in News by KMFSLLP 0 Comments

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Hong Kong stocks slipped on Wednesday, as an emergency rate cut from the U.S. Federal Reserve seemed to spook rather than soothe global markets. However, losses were contained as bleak data further raised hopes for even more further policy support.

03 Mar European shares inch higher as investors weigh stimulus measures

Posted at 08:41h in News by KMFSLLP 0 Comments

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European shares struggled for direction on Wednesday as investors wondered if the European Central Bank and euro zone governments would green light stimulus measures after the U.S. Federal Reserve cut interest rates in an emergency move.

03 Mar UK stocks lower on virus fears, mall owner Intu sinks

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

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UK stocks inched lower in early trading on Wednesday as investors worried about the extent of the global economic fallout from the coronavirus epidemic after a surprise interest rate cut by the U.S. Federal Reserve.

03 Mar REFILE-UPDATE 1-Vivo Energy reports solid growth, doubles final dividend

Posted at 08:04h in News by KMFSLLP 0 Comments

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African fuel retailer Vivo Energy said on Wednesday its annual adjusted core earnings rose 8% due to higher sales at its Engen and Shell-branded filling stations as the company continued to expand its network rapidly.

03 Mar Vivo Energy reports solid growth, doubles final dividend

Posted at 07:20h in News by KMFSLLP 0 Comments

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African fuel retailer Vivo Energy said on Wednesday its annual adjusted core earnings rose 8%, as sales rose at its Engen and Shell-branded filling stations and the company continued to expand its network rapidly.

03 Mar Russian pipe maker Chelpipe sets sight on exports, niche products

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

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Russian steel pipe producer Chelpipe, which is considering a share offering in Moscow, is focussing on increasing exports and investing in high-value added projects amid a competitive domestic market, its chief executive officer said in an interview.

03 Mar Shopping centre operator Intu’s planned equity raise falls through

Posted at 07:15h in News by KMFSLLP 0 Comments

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Britain's Intu said on Wednesday it was unable to go ahead with a planned equity raise as uncertainties in equity and retail property markets prevented investors from committing capital into the debt-laden mall operator.

03 Mar China’s Ant Financial buys small stake in Swedish fintech partner Klarna

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

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Klarna, Europe's most valuable fintech company, said on Wednesday that China's Ant Financial Services Group had taken a small stake in it as the two strengthen their online shopping partnership.

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News

03 Mar UPDATE 2-Debt-laden Intu ditches equity raising, shares hit record low

03 Mar China stocks end higher as Fed rate cut bolsters hopes of domestic policy push

03 Mar Hong Kong stocks ease after Fed rate cut

03 Mar European shares inch higher as investors weigh stimulus measures

03 Mar UK stocks lower on virus fears, mall owner Intu sinks

03 Mar REFILE-UPDATE 1-Vivo Energy reports solid growth, doubles final dividend

03 Mar Vivo Energy reports solid growth, doubles final dividend

03 Mar Russian pipe maker Chelpipe sets sight on exports, niche products

03 Mar Shopping centre operator Intu’s planned equity raise falls through

03 Mar China’s Ant Financial buys small stake in Swedish fintech partner Klarna

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