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News

22 Dec A Christmas journey from olive orchard to Nativity carving

Posted at 11:26h in News by KMFSLLP 0 Comments

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As Christmas pilgrims pore over the intricately carved Nativity scenes in Bethlehem shop windows, few pause to consider that some of the wood used comes from olive trees older than the events of the ancient story they depict.

22 Dec UPDATE 2-Credit Suisse admits surveillance of second executive

Posted at 11:18h in News by KMFSLLP 0 Comments

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* Probe to continue, bank says (Adds update on investigation, detail)

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22 Dec Deutsche Bank to no longer pay for advice from Cerberus- source

Posted at 11:14h in News by KMFSLLP 0 Comments

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Cerberus, one of Deutsche Bank's largest shareholders, will no longer provide paid advice to the bank on how to run its business, a person with knowledge of the matter said on Monday, a role that has been criticised for potential conflicts of interest.

22 Dec Bank of England steps up monitoring of Lloyd’s whistleblowing systems

Posted at 10:56h in News by KMFSLLP 0 Comments

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The Bank of England has stepped up its monitoring of Lloyd's of London's whistleblowing systems, the central bank said on Monday.

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22 Dec UPDATE 2-NMC Health launches independent review after short seller attack

Posted at 10:28h in News by KMFSLLP 0 Comments

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NMC Health has launched an independent review of its books, seeking to reassure investors after U.S. short-selling firm Muddy Waters last week questioned the healthcare group's finances.

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22 Dec Machine learning: the big risks and how to manage them

Posted at 10:23h in News by KMFSLLP 0 Comments

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There is no precedent for how this type of trading, which adapts based on experience, might play out

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22 Dec SE Asia Stocks-Rise on trade optimism ahead of holidays; Philippines leads gains

Posted at 10:05h in News by KMFSLLP 0 Comments

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Southeast Asian markets ended higher on Monday in thin trading ahead of year-end holidays, with Philippines leading gains, amid lingering optimism about the Sino-U.S. trade deal. U.S. President Donald Trump said on Saturday Washington and Beijing had "achieved a breakthrough on

22 Dec UPDATE 2-Bank of Italy chief defends regulator’s role in Bari bank crisis

Posted at 09:39h in News by KMFSLLP 0 Comments

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The head of Italy's central bank rebuffed criticism of its role in supervising struggling lender Banca Popolare di Bari and said in an interview published on Monday that it was ready to account for its actions.