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News

23 Jan Long Bailey chances boosted by Unite union endorsement

Posted at 20:29h in News by KMFSLLP 0 Comments

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Shadow business secretary all but certain to make final ballot for Labour leadership

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23 Jan U.S. business borrowing for equipment rises about 2% in December – ELFA

Posted at 20:00h in News by KMFSLLP 0 Comments

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U.S. companies' borrowings for capital investments rose about 2% in December from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Friday.

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23 Jan UPDATE 1-MercadoLibre’s financial unit to boost credit ops, ease cash withdrawals in 2020

Posted at 19:54h in News by KMFSLLP 0 Comments

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Argentinian fintech Mercado Pago, a unit of e-commerce company MercadoLibre, is launching new services to users of its app-based wallet, including credit lines and cash withdrawal options, as part of efforts to gain scale as market competition continues to intensify.

23 Jan UPDATE 3-Strong earthquake strikes eastern Turkey, four dead

Posted at 19:35h in News by KMFSLLP 0 Comments

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A powerful earthquake struck eastern Turkey on Friday, killing four people and damaging buildings near the epicentre of the tremor, which was also felt in several neighbouring countries.

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23 Jan U.S. bank regulator sharpens teeth on Wells Fargo, surprising critics

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

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Long accused of being too soft, a U.S. bank regulator has surprised its critics with tough treatment of scandal-ridden lender Wells Fargo, culminating on Thursday in more than$58 million in fines against eight former executives at the bank.

23 Jan After ‘challenging’ 2019, Mexico’s Banorte bets on economic recovery

Posted at 19:10h in News by KMFSLLP 0 Comments

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Grupo Financiero Banorte said on Friday it was expecting the Mexican economy to recover in 2020, which would help lift its banking unit after it suffered a drop in net profit during a difficult last quarter.

23 Jan Private sector confidence bounce points to stronger economy

Posted at 18:59h in News by KMFSLLP 0 Comments

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But markets suggest Bank of England rate decision is on knife edge

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23 Jan RPT-UPDATE 1-Payments processor WEX to acquire eNett and Optal for about $1.7 bln

Posted at 18:54h in News by KMFSLLP 0 Comments

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Fintech company WEX Inc said on Friday it would buy payments services providers eNett and Optal for about $1.7 billion to strengthen its presence in the online travel bookings market, which is expected to grow at about 9% through 2023.

23 Jan UPDATE 3-Finablr stock dives on debt deal in fresh blow to billionaire owner

Posted at 18:53h in News by KMFSLLP 0 Comments

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* Finablr says it sought clarifications from BRS (Adds Finablr statement, graphic)

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23 Jan New industries may spawn Brazilian unicorns in 2020 -executives

Posted at 18:52h in News by KMFSLLP 0 Comments

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Brazil's so-called unicorns, startups valued above $1 billion, are seen expanding in 2020 beyond the industries that have supplied them so far - large fintechs, delivery companies and mobility apps, executives said.

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News

23 Jan Long Bailey chances boosted by Unite union endorsement

23 Jan U.S. business borrowing for equipment rises about 2% in December – ELFA

23 Jan UPDATE 1-MercadoLibre’s financial unit to boost credit ops, ease cash withdrawals in 2020

23 Jan UPDATE 3-Strong earthquake strikes eastern Turkey, four dead

23 Jan U.S. bank regulator sharpens teeth on Wells Fargo, surprising critics

23 Jan After ‘challenging’ 2019, Mexico’s Banorte bets on economic recovery

23 Jan Private sector confidence bounce points to stronger economy

23 Jan RPT-UPDATE 1-Payments processor WEX to acquire eNett and Optal for about $1.7 bln

23 Jan UPDATE 3-Finablr stock dives on debt deal in fresh blow to billionaire owner

23 Jan New industries may spawn Brazilian unicorns in 2020 -executives

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