Posted at 16:33h
in
News
by KMFSLLP
* Burberry near one-year high after upbeat first-quarter
update

...
Posted at 16:25h
in
News
by KMFSLLP
The Bank of Canada announced on
Tuesday its intention to become the administrator of the
Canadian Overnight Repo Rate Average (CORRA), a reference rate
for financial market transactions, when enhancements to
CORRA take effect next year.

...
Posted at 16:21h
in
News
by KMFSLLP
Three big U.S. banks reported strong
earnings on Tuesday even as warning signs emerged that the
playing field is beginning to tilt against the financial
industry.

...
Posted at 16:20h
in
News
by KMFSLLP
Goldman Sachs Group Inc reported
a stronger-than-expected quarterly profit on Tuesday as the Wall
Street investment bank benefited from increased stock trading.

...
Posted at 16:19h
in
News
by KMFSLLP
Britain will send a third
warship to the Persian Gulf, though the move is not related to
the current Iran crisis, the Ministry of Defence (MoD) said on
Tuesday.

...
Posted at 16:10h
in
News
by KMFSLLP
Italy's Banca Monte dei Paschi
sold on Tuesday a long-awaited subordinated bond to
shore up its capital but had to pay a high price compared to its
peers.

...
Posted at 15:55h
in
News
by KMFSLLP
Facebook Inc is
"delusional" to believe people will trust it with their money, a
U.S. senator said on Tuesday as lawmakers from both sides of the
aisle grilled the social media company on its plans for a
digital currency at a hearing on Tuesday.
Posted at 15:43h
in
News
by KMFSLLP
Three big U.S. banks reported strong
earnings on Tuesday, even as warning signs emerged that the
playing field is beginning to tilt against the financial
industry.

...
Posted at 15:31h
in
News
by KMFSLLP
Members of the U.S. Senate
and House of Representatives introduced bills on Tuesday to keep
tight restrictions on Huawei Technologies Co Ltd, amid
concern about President Donald Trump's easing of restrictions on
the Chinese firm.
Posted at 15:10h
in
News
by KMFSLLP
An escalation of tensions
between Western states and Iran is not in anybody's interest,
British Prime Minister Theresa May's spokesman said on Tuesday
following threats of retaliation from Iran over the seizure of
an oil tanker.