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News

25 Feb UPDATE 4-As coronavirus looms over Olympics, Japan PM urges 2-week curbs on sports events

Posted at 13:54h in News by KMFSLLP 0 Comments

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* 'Large transmission risk', next 2 weeks extremely important -PM

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25 Feb Sri Lanka shares fall for third straight session as financials segment weighs

Posted at 13:30h in News by KMFSLLP 0 Comments

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Sri Lankan markets fell for a third straight session on Wednesday, pulled down by financial and consumer staples companies.

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25 Feb City bosses see tough fish for finance trade-off in UK-EU talks

Posted at 13:19h in News by KMFSLLP 0 Comments

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Britain will likely secure only temporary access to the European Union financial market under a broader trade deal in which finance may take a back seat to sectors such as fishing, financial industry officials said on Wednesday.

25 Feb UPDATE 3-Markets bet on December ECB rate cut as virus spreads

Posted at 13:16h in News by KMFSLLP 0 Comments

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Euro zone money markets started to fully price in a December European Central Bank interest rate cut on Wednesday, as the spread of coronavirus outside China pushed traders to ramp up expectations for more stimulus.

25 Feb UPDATE 2-Russia’s VTB bank reaches 2019 profit target as bad loans shrink

Posted at 13:08h in News by KMFSLLP 0 Comments

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* VTB aims for 2020 net profit of 220-230 bln roubles (Adds detail, analyst comment)

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25 Feb REFILE-UPDATE 1-BlackRock Vice Chairman and co-founder Barbara Novick to step down

Posted at 12:58h in News by KMFSLLP 0 Comments

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BlackRock Inc's vice chairman and co-founder, Barbara Novick, will step down from her day-to-day duties at the asset manager, according to an internal memo seen by Reuters.

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25 Feb UPDATE 3-UAE says ready for ‘worst case’ scenarios as coronavirus spreads in Middle East

Posted at 12:50h in News by KMFSLLP 0 Comments

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The United Arab Emirates, a major air transit centre, is ready for "worst case scenarios" as the coronavirus spreads in the Middle East and has the facilities to quarantine patients and screen new arrivals, a government official said on Wednesday.

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25 Feb UPDATE 2-Italy seeks to end ultra-fast broadband stalemate

Posted at 12:47h in News by KMFSLLP 0 Comments

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Italy on Wednesday urged Telecom Italia and fibre-optic rival Open Fiber to quickly find an accord to merge their ultra-fast broadband assets, seeking to end a stalemate over an infrastructure the government deems strategic.

25 Feb UPDATE 2-CIBC profit beats on capital markets strength, takes C$339 mln severance charge

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

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Canadian Imperial Bank of Commerce reported better-than-expected quarterly profit on Wednesday, becoming the latest domestic bank to exceed estimates thanks to a boost from its capital markets business.

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25 Feb UPDATE 1-Britain’s Intu could get revised loan ahead of equity raise plans

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

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Britain's Intu said on Wednesday its lenders would extend a revolving credit facility to 2024 if the debt-laden shopping centre operator can successfully raise at least 1.3 billion pounds ($1.69 billion) through a cash call.

News

25 Feb UPDATE 4-As coronavirus looms over Olympics, Japan PM urges 2-week curbs on sports events

25 Feb Sri Lanka shares fall for third straight session as financials segment weighs

25 Feb City bosses see tough fish for finance trade-off in UK-EU talks

25 Feb UPDATE 3-Markets bet on December ECB rate cut as virus spreads

25 Feb UPDATE 2-Russia’s VTB bank reaches 2019 profit target as bad loans shrink

25 Feb REFILE-UPDATE 1-BlackRock Vice Chairman and co-founder Barbara Novick to step down

25 Feb UPDATE 3-UAE says ready for ‘worst case’ scenarios as coronavirus spreads in Middle East

25 Feb UPDATE 2-Italy seeks to end ultra-fast broadband stalemate

25 Feb UPDATE 2-CIBC profit beats on capital markets strength, takes C$339 mln severance charge

25 Feb UPDATE 1-Britain’s Intu could get revised loan ahead of equity raise plans

KM Financial Solutions LLP

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