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News

30 Dec UPDATE 2-Vivendi sells minority stake in Universal to Tencent consortium

Posted at 09:47h in News by KMFSLLP 0 Comments

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* Allows firms to expand in recovering music market (Adds more detail and background)

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30 Dec HNA aims to reach a turning point in resolving liquidity risks next year – chairman

Posted at 09:13h in News by KMFSLLP 0 Comments

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Indebted Chinese conglomerate HNA Group predicts 2020 will see a major turning point in its efforts to resolve liquidity risks, its chairman said, as the company pledges an all-out effort to turn the company around.

30 Dec Angola freezes assets of ex-president’s daughter over corruption allegations

Posted at 08:39h in News by KMFSLLP 0 Comments

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An Angolan court has ordered the freezing of assets held by former president Eduardo dos Santos' daughter Isabel, state news agency Angop reported on Tuesday, the latest high-profile case in the government's anti-corruption drive.

30 Dec European shares falter as year-end rally fades

Posted at 08:35h in News by KMFSLLP 0 Comments

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* Benchmark European index still set for best year since 2009

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30 Dec China stocks set to outperform Wall St in 2019 as markets shake tariff jitters

Posted at 08:22h in News by KMFSLLP 0 Comments

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China's stock market has clawed its way from the bottom of the major global index rankings toward the top this year, with a 36% jump in the main blue chip index set to trump the roaring rally in its Wall Street counterparts.

30 Dec MOVES-Head of PetroChina’s Singapore trading office set to leave

Posted at 07:17h in News by KMFSLLP 0 Comments

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The head of PetroChina's oil trading unit in Singapore will leave the company after serving nearly 26 years, two company officials told Reuters on Tuesday.

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30 Dec China outbound M&A plummets to 10-year low on trade tensions, economic slowdown

Posted at 07:00h in News by KMFSLLP 0 Comments

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China's outbound mergers and acquisitions (M&As) clocked their weakest year in a decade in 2019, as an escalated U.S.-China trade war and tightened regulatory scrutiny of Chinese companies impacted appetite for overseas dealmaking.

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30 Dec Ghosn lawyers still in possession of his passports, lawyer says

Posted at 06:35h in News by KMFSLLP 0 Comments

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Ousted Nissan Motor Co boss Carlos Ghosn's three passports were held by his lawyers and he could not have used any of them to escape Japan, one of the lawyers told reporters on Tuesday, adding that his client's actions were "inexcusable".

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30 Dec Russia’s service sector growth loses momentum in Dec – PMI

Posted at 06:00h in News by KMFSLLP 0 Comments

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Activity in Russia's service sector expanded at the slowest pace in four months in December, despite a rise in new business, the Markit purchasing managers index (PMI) showed on Tuesday.

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30 Dec GRAPHIC-From opioid deaths to student debt: A view of the 2010s economy in charts

Posted at 06:00h in News by KMFSLLP 0 Comments

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The 2010s saw the U.S. economy achieve its longest-ever expansion, with notable milestones such as 110 months of uninterrupted job gains and an unemployment rate near a half-century low becoming easy bragging points for politicians and economists alike.

News

30 Dec UPDATE 2-Vivendi sells minority stake in Universal to Tencent consortium

30 Dec HNA aims to reach a turning point in resolving liquidity risks next year – chairman

30 Dec Angola freezes assets of ex-president’s daughter over corruption allegations

30 Dec European shares falter as year-end rally fades

30 Dec China stocks set to outperform Wall St in 2019 as markets shake tariff jitters

30 Dec MOVES-Head of PetroChina’s Singapore trading office set to leave

30 Dec China outbound M&A plummets to 10-year low on trade tensions, economic slowdown

30 Dec Ghosn lawyers still in possession of his passports, lawyer says

30 Dec Russia’s service sector growth loses momentum in Dec – PMI

30 Dec GRAPHIC-From opioid deaths to student debt: A view of the 2010s economy in charts

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