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News

03 Feb UPDATE 1-South African retailer Edcon sells 167 CNA stores

Posted at 14:08h in News by KMFSLLP 0 Comments

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South African retail group Edcon said on Tuesday it was selling stationery business CNA to a consortium majority owned by Astoria Investments.

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03 Feb Starboard pressures eBay to sell classifieds business

Posted at 13:45h in News by KMFSLLP 0 Comments

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Activist shareholder Starboard Value LP on Tuesday sent a letter to eBay Inc's board, saying the ecommerce company has not made enough progress in its plan to separate its classifieds business.

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03 Feb UPDATE 1-Visa planning biggest changes to U.S. swipe fees in a decade – Bloomberg

Posted at 13:35h in News by KMFSLLP 0 Comments

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Visa Inc is planning the biggest changes in a decade to the rates U.S. merchants pay to accept its cards, Bloomberg reported https://bloom.bg/2vGWtA7 on Tuesday, citing a document Visa sent to banks.

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03 Feb UPDATE 2-Centene profit hit by higher medical costs, shares fall 5%

Posted at 13:31h in News by KMFSLLP 0 Comments

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U.S. health insurer Centene Corp posted a 13% fall in fourth-quarter profit on Tuesday, hurt by higher medical costs in its Obamacare business and a rise in flu-related claims, sending its shares down about 5% in trading before the bell.

03 Feb UPDATE 1-Intesa forecasts higher 2020 net profit after solid Q4

Posted at 13:25h in News by KMFSLLP 0 Comments

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Intesa Sanpaolo on Tuesday opened the Italian banks' earnings season on a strong note, predicting a rise in profit in 2020 after reporting a higher-than-expected fourth-quarter net profit on the back of robust revenues.

03 Feb Visa planning biggest changes to swipe fees in a decade – Bloomberg

Posted at 13:10h in News by KMFSLLP 0 Comments

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Visa Inc is planning the biggest changes in a decade to the rates U.S. merchants pay to accept its cards, Bloomberg reported https://bloom.bg/2vGWtA7 on Tuesday, citing a document Visa sent to banks.

...

03 Feb Indonesia, Singapore strike agreement on double-tax avoidance

Posted at 13:06h in News by KMFSLLP 0 Comments

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Indonesia and Singapore on Tuesday will update their double-tax avoidance agreement after years of negotiations, in a bid to close regulatory loopholes hurting tax takes, Indonesia's finance minister said.

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03 Feb Pakistan’s deficit under microscope as IMF review begins

Posted at 12:44h in News by KMFSLLP 0 Comments

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Pakistan will come under pressure to convince the International Monetary Fund (IMF) it can bring down a ballooning fiscal deficit, as a review on the future course of its $6 billion financial aid program gets under way.

03 Feb UPDATE 2-Iran to execute man for spying for CIA -judiciary

Posted at 12:36h in News by KMFSLLP 0 Comments

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A man sentenced to death in Iran for spying for the CIA and attempting to pass on information about Tehran's nuclear programme will be executed soon, authorities said on Tuesday, according to the semi-official Fars news agency.

03 Feb Italy’s Intesa Q4 tops forecast thanks to solid revenues

Posted at 12:21h in News by KMFSLLP 0 Comments

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Italian bank Intesa Sanpaolo on Tuesday reported a higher-than-expected fourth-quarter net profit helped by robust fees and steady income from its lending business despite lower interest rates.

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News

03 Feb UPDATE 1-South African retailer Edcon sells 167 CNA stores

03 Feb Starboard pressures eBay to sell classifieds business

03 Feb UPDATE 1-Visa planning biggest changes to U.S. swipe fees in a decade – Bloomberg

03 Feb UPDATE 2-Centene profit hit by higher medical costs, shares fall 5%

03 Feb UPDATE 1-Intesa forecasts higher 2020 net profit after solid Q4

03 Feb Visa planning biggest changes to swipe fees in a decade – Bloomberg

03 Feb Indonesia, Singapore strike agreement on double-tax avoidance

03 Feb Pakistan’s deficit under microscope as IMF review begins

03 Feb UPDATE 2-Iran to execute man for spying for CIA -judiciary

03 Feb Italy’s Intesa Q4 tops forecast thanks to solid revenues

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