Posted at 13:00h
in
News
by KMFSLLP
Lebanon will ask the IMF for
technical help with its plan to escape financial collapse,
including how to restructure its public debt, a government
source told Reuters on Wednesday.
...
Posted at 12:54h
in
News
by KMFSLLP
BP plans deep cuts to its carbon
emissions by 2050, setting one of the oil sector's most
ambitious targets, as part of the biggest overhaul in the
company's 111-year history by new chief executive Bernard
Looney.
Posted at 12:46h
in
News
by KMFSLLP
Big investors who are
critical to SoftBank Group's plans for a second massive
technology investment fund are refusing to take part unless the
first $100 billion Vision Fund can turn around its performance,
sources familiar with the talks told Reuters.
Posted at 12:44h
in
News
by KMFSLLP
Quarterly profit at "Angry
Birds" maker Rovio Entertainment plunged 96% as the
mobile games company was hit by the slower-than-expected take up
of its 5G gaming platform Hatch and higher marketing costs.
...
Posted at 12:42h
in
News
by KMFSLLP
Russia's RDIF sovereign wealth
fund said on Wednesday that Russian and Saudi companies have
held discussions on possible joint projects as well as potential
investment worth more than $10 billion.
...
Posted at 12:35h
in
News
by KMFSLLP
U.S. grain trader Bunge Ltd
reported a better-than-expected quarterly profit on Wednesday,
as it focused on improving segment margins across its
businesses, sending its shares up about 3%.
...
Posted at 12:33h
in
News
by KMFSLLP
Two letter bombs went off in
the Netherlands on Wednesday, one in the postal-sorting office
of Dutch bank ABN Amro and another in the post room of
Japan's Ricoh, police and Dutch broadcaster RTL
reported.
Posted at 12:31h
in
News
by KMFSLLP
The European Commission has
sent legal warnings to Cyprus, Portugal, the Netherlands and
five other EU states over their delays in applying new
anti-money laundering rules adopted at European Union level two
years ago.
Posted at 12:30h
in
News
by KMFSLLP
Battery Ventures, a
tech-focused venture capital firm, on Wednesday said it had
raised $2 billion in two new funds, a sign of investor interest
in start-ups despite some high-profile stumbles including office
space leasing company WeWork.
Posted at 12:28h
in
News
by KMFSLLP
Exchange operator CME Group's
fourth-quarter profit missed Wall Street estimates on Wednesday,
as lower trading activity squeezed fees it collects from
clearing and settling transactions.
...