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News

19 Feb UPDATE 1-Thomson Reuters close to naming ex-Nielsen president Hasker as CEO-sources

Posted at 12:43h in News by KMFSLLP 0 Comments

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Thomson Reuters Corp is close to naming former Nielsen Holdings Plc president Steve Hasker as its next chief executive, succeeding Jim Smith, according to people familiar with the matter.

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19 Feb Morgan Stanley to buy E*Trade Financial in $13 bln deal

Posted at 12:35h in News by KMFSLLP 0 Comments

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Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in an all-stock deal worth about $13 billion.

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19 Feb CORRECTED-(OFFICIAL)-UPDATE 4-IMF begins visit as Lebanon grapples with financial crisis

Posted at 12:32h in News by KMFSLLP 0 Comments

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A team from the International Monetary Fund (IMF) met Lebanese government officials on Thursday at the start of a visit to advise on how to tackle the country's crippling financial and economic crisis.

19 Feb UPDATE 1-Intesa CEO confident on UBI offer, won’t raise price – TV

Posted at 12:31h in News by KMFSLLP 0 Comments

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The head of Intesa Sanpaolo expressed confidence on Thursday that an unsolicited takeover bid for rival UBI Banca would succeed, reiterating that the price would not be raised despite a cautious reception from UBI's board.

19 Feb Angola’s Isabel dos Santos says repaid bulk of loans to Portuguese banks

Posted at 12:27h in News by KMFSLLP 0 Comments

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Angolan billionaire former first daughter Isabel dos Santos said on Thursday her companies in Portugal, where prosecutors seized her bank accounts last week, still owed local banks 180 million euros ($195 million) after repaying the bulk of the loans.

19 Feb CORRECTED-(OFFICIAL)-Lebanon in phase of IMF technical advice-finance minister

Posted at 12:21h in News by KMFSLLP 0 Comments

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The Lebanese government is in a phase of getting technical advice from the IMF, Finance Minister Ghazi Wazni said in a statement on Thursday as IMF experts began a visit to Beirut to advise on efforts for dealing with an economic crisis.

19 Feb Qualitest seeks acquisitions to reach $1 bln revenue goal

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

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Israeli software testing firm Qualitest is aiming for sales of $1 billion in five years and plans to make acquisitions to reach that goal, CEO Norm Merritt said.

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19 Feb Why no one knows the source of every car part — and why it matters

Posted at 11:58h in News by KMFSLLP 0 Comments

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Brutal realisation should be heeded by politicians seeking a rash of trade deals

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19 Feb Thyssenkrupp nears full sale of elevator unit – sources

Posted at 11:50h in News by KMFSLLP 0 Comments

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Thyssenkrupp is nearing a full sale of its elevator division, three people familiar with the matter said, adding this would result in maximum proceeds that are needed as net debt has soared in the last quarter.