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News

15 Dec UK water rates set to fall after regulatory shake-up

Posted at 15:15h in News by KMFSLLP 0 Comments

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Ofwat imposes limits on investor payouts and orders companies to reduce debt levels

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15 Dec Stocks of Boeing and its suppliers fall on reports of 737 MAX production halt

Posted at 14:01h in News by KMFSLLP 0 Comments

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Shares of Boeing and its suppliers fell on Monday after reports that the U.S. planemaker could temporarily halt production of 737 MAX aircraft, potentially adding to billions of dollars in costs, as its return to service is pushed to 2020.

15 Dec UPDATE 1-Spanish economy to gradually slow down through 2022 as consumer demand wanes

Posted at 13:49h in News by KMFSLLP 0 Comments

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Spain's economic growth is likely to gradually slow down between 2019 and 2022 due to lower consumption and weaker business investment, the central bank said on Monday.

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15 Dec UPDATE 1-UK’s SFO charges two former Serco directors in electronic tagging probe

Posted at 13:38h in News by KMFSLLP 0 Comments

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Britain's Serious Fraud Office (SFO) on Monday charged two of Serco's former directors with fraud and false accounting in its investigation into the public services outsourcer's electronic monitoring contract with the Ministry of Justice.

15 Dec UPDATE 1-Scout24 in talks to sell AutoScout24 unit to Hellman & Friedman – source

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

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German classifieds group Scout24 is in advanced talks to sell its cars division AutoScout24 to private equity investor Hellman & Friedman (H&F), it said in an adhoc statement on Monday.

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15 Dec UPDATE 2-In blow to Macron, France pensions reform tsar resigns

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

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France's minister for pension reform resigned on Monday over a potential conflict of interest, dealing a blow to President Emmanuel Macron as trade unions staged a 12th day of strikes and prepared for more street protests against the planned changes.

15 Dec UPDATE 1-Britain’s budget watchdog doubles borrowing forecast

Posted at 13:34h in News by KMFSLLP 0 Comments

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Britain's budget forecasters doubled their estimate on Monday of how much the government is likely to borrow over the next five years, even before accounting for pre-election spending promises or a weaker economy.

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15 Dec UPDATE 1-Volvo Cars refinances $500 mln worth of preference shares with Swedish investors

Posted at 13:21h in News by KMFSLLP 0 Comments

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Chinese-owned Volvo Cars said on Monday it had sold 5 billion Swedish crowns ($519 million) of convertible preference shares to a group of Swedish investors to replace an issue of preference shares of the same size that had matured.

15 Dec RPT-COLUMN-Bullish oil bets surge after OPEC+ reaches deal on cuts: Kemp

Posted at 13:15h in News by KMFSLLP 0 Comments

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Hedge fund managers piled back into petroleum last week after Saudi Arabia and its allies in the OPEC+ group of major oil exporters announced deeper-than-expected cuts to their production in the first quarter of 2020.

15 Dec UK at risk of breaking fiscal rules, OBR warns

Posted at 13:04h in News by KMFSLLP 0 Comments

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Budget watchdog says Boris Johnson will have little room for manoeuvre on public finances

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News

15 Dec UK water rates set to fall after regulatory shake-up

15 Dec Stocks of Boeing and its suppliers fall on reports of 737 MAX production halt

15 Dec UPDATE 1-Spanish economy to gradually slow down through 2022 as consumer demand wanes

15 Dec UPDATE 1-UK’s SFO charges two former Serco directors in electronic tagging probe

15 Dec UPDATE 1-Scout24 in talks to sell AutoScout24 unit to Hellman & Friedman – source

15 Dec UPDATE 2-In blow to Macron, France pensions reform tsar resigns

15 Dec UPDATE 1-Britain’s budget watchdog doubles borrowing forecast

15 Dec UPDATE 1-Volvo Cars refinances $500 mln worth of preference shares with Swedish investors

15 Dec RPT-COLUMN-Bullish oil bets surge after OPEC+ reaches deal on cuts: Kemp

15 Dec UK at risk of breaking fiscal rules, OBR warns

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