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13 Feb UPDATE 4-India orders telcos to pay dues now, after top court threatens contempt

Posted at 15:18h in News by KMFSLLP 0 Comments

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* Banks non-performing assets could rise sharply, say analysts (Recasts with government order)

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13 Feb UPDATE 2-BTG Pactual shares down on higher costs with retail unit

Posted at 15:13h in News by KMFSLLP 0 Comments

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Shares in Latin America's largest investment bank, Banco BTG Pactual SA, were down more than 4% after it reported a jump in costs related to its newly launched retail unit, although fourth-quarter profit rose more than 40% from a year earlier.

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13 Feb Javid exit undermines case for restraining Treasury

Posted at 15:09h in News by KMFSLLP 0 Comments

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A more cordial relationship between Nos 10 and 11 is essential

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13 Feb Scottish Tories’ new leader Jackson Carlaw pledges policy review

Posted at 13:34h in News by KMFSLLP 0 Comments

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Conservative veteran outlines goal to beat Scottish National party at next year’s elections

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13 Feb Sri Lanka shares slip for sixth session; rupee steady

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

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Sri Lankan shares closed lower for the sixth straight session on Friday, dragged by consumer staples and consumer discretionary stocks.

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13 Feb UPDATE 2-Russian central bank keeps peak discount on gold purchases

Posted at 12:30h in News by KMFSLLP 0 Comments

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* Russian gold miners consider becoming exporters (Adds details, quotes, context)

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13 Feb UPDATE 2-Orcel’s criminal suit against Santander rejected by Spanish court

Posted at 12:23h in News by KMFSLLP 0 Comments

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Italian banker Andrea Orcel's criminal lawsuit against Santander has been rejected by a Madrid court, a document seen by Reuters showed.

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13 Feb UPDATE 1-Hong Kong pledges $3.2 billion as city seeks to contain spread of coronavirus

Posted at 12:01h in News by KMFSLLP 0 Comments

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Hong Kong leader Carrie Lam on Friday pledged handouts totalling HK$25 billion ($3.2 billion) to the Hospital Authority and businesses grappling with the coronavirus outbreak that has piled further pressure on the Chinese-ruled city's battered economy.

13 Feb UPDATE 1-Coronavirus cancels London Metal Exchange’s Asian event

Posted at 11:48h in News by KMFSLLP 0 Comments

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The London Metal Exchange has cancelled its annual LME Asia Week dinner in Hong Kong, a major event for the metal industry, and postponed the seminar that would have taken place on the same day, the exchange said in a notice on Friday.

13 Feb ‘Terrible’ WeWork bet caused us headaches -T. Rowe Price

Posted at 11:29h in News by KMFSLLP 0 Comments

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Asset management firm T. Rowe Price Group Inc has called its investment in WeWork a "debacle" that caused the firm "outsized headaches and disappointments" and left it holding shares worth just a fraction of their original value.

News

13 Feb UPDATE 4-India orders telcos to pay dues now, after top court threatens contempt

13 Feb UPDATE 2-BTG Pactual shares down on higher costs with retail unit

13 Feb Javid exit undermines case for restraining Treasury

13 Feb Scottish Tories’ new leader Jackson Carlaw pledges policy review

13 Feb Sri Lanka shares slip for sixth session; rupee steady

13 Feb UPDATE 2-Russian central bank keeps peak discount on gold purchases

13 Feb UPDATE 2-Orcel’s criminal suit against Santander rejected by Spanish court

13 Feb UPDATE 1-Hong Kong pledges $3.2 billion as city seeks to contain spread of coronavirus

13 Feb UPDATE 1-Coronavirus cancels London Metal Exchange’s Asian event

13 Feb ‘Terrible’ WeWork bet caused us headaches -T. Rowe Price

KM Financial Solutions LLP

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