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News

27 Feb UPDATE 3-Ex-Barclays executives cleared over Qatar fees in blow to UK fraud office

Posted at 11:50h in News by KMFSLLP 0 Comments

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* Case hinged on payments to Qatar in 2008 fundraising (Adds SFO reaction, further details, quote from lawyer)

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27 Feb Commerzbank investor Capital Group increases stake to almost 5%

Posted at 11:50h in News by KMFSLLP 0 Comments

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Capital Group has increased its stake in Commerzbank to 4.82% from 2.93%, according to a regulatory filing, making the Los Angeles-based investor one of the bank's largest shareholders.

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27 Feb UPDATE 2-UK’s Foxtons plans lettings acquisitions after profit plunge

Posted at 11:49h in News by KMFSLLP 0 Comments

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* CEO says well-prepared for Brexit challenges (Recasts, adds CEO comment)

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27 Feb Angola’s Sonangol to begin selling assets in April

Posted at 11:40h in News by KMFSLLP 0 Comments

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Angolan state oil company Sonangol will begin in April to sell its stakes in several private firms, chair Sebastiao Gaspar Martin said, as part of a government bid to privatise key state assets including parts of Sonangol itself by 2022.

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27 Feb COLUMN-Oil traders price in coronavirus-driven recession: Kemp

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

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Oil traders and other financial investors are anticipating a severe slowdown or recession in the global economy as efforts to contain the coronavirus fail and restrictions on business activity and transportation proliferate.

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27 Feb UPDATE 1-Porsche’s offices searched as part of ongoing diesel probe – Der Spiegel

Posted at 11:23h in News by KMFSLLP 0 Comments

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* Porsche premises searched as part of diesel probe - Spiegel

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27 Feb SE Asia Stocks-Collapse as virus grips markets; Thailand, Singapore sink

Posted at 11:13h in News by KMFSLLP 0 Comments

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Southeast Asian stock markets dived on Friday and Thailand's stocks recorded their worst week since 2008 financial crisis, as fast-spreading coronavirus raised fears of a global economic crisis. Countries on three continents reported their first cases of th

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27 Feb Erste Group still interested in expanding in Poland

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

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Erste Group does not plan to expand into big new markets apart from Poland but is interested to expand in its current markets, its chief executive said on Friday.

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27 Feb Australia’s Westpac and ANZ served junk insurance class action lawsuit

Posted at 11:06h in News by KMFSLLP 0 Comments

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A class action lawsuit has been filed against Westpac Banking Corp and Australia and New Zealand Banking Group on Friday over the sale of "junk insurance" to consumers.

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27 Feb Italy’s ruling 5-Star pushes against any LSE break-up of Milan Bourse

Posted at 11:05h in News by KMFSLLP 0 Comments

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Italy must block any attempt by the London Stock Exchange to break up the Milan Bourse as it seeks antitrust approval for its $27 billion acquisition of analytics company Refinitiv, a lawmaker from the ruling 5-Star Movement told Reuters on Friday.

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News

27 Feb UPDATE 3-Ex-Barclays executives cleared over Qatar fees in blow to UK fraud office

27 Feb Commerzbank investor Capital Group increases stake to almost 5%

27 Feb UPDATE 2-UK’s Foxtons plans lettings acquisitions after profit plunge

27 Feb Angola’s Sonangol to begin selling assets in April

27 Feb COLUMN-Oil traders price in coronavirus-driven recession: Kemp

27 Feb UPDATE 1-Porsche’s offices searched as part of ongoing diesel probe – Der Spiegel

27 Feb SE Asia Stocks-Collapse as virus grips markets; Thailand, Singapore sink

27 Feb Erste Group still interested in expanding in Poland

27 Feb Australia’s Westpac and ANZ served junk insurance class action lawsuit

27 Feb Italy’s ruling 5-Star pushes against any LSE break-up of Milan Bourse

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