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News

09 Dec UPDATE 5-South African mines grind to halt as floods deepen power crisis

Posted at 18:53h in News by KMFSLLP 0 Comments

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* Energy-intensive deep mines forced to halt production (Adds Petra update)

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09 Dec UPDATE 1-Koovs sold by administrators as Indian billionaire Biyani fails to invest

Posted at 18:52h in News by KMFSLLP 0 Comments

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Koovs Plc said on Tuesday that administrators had sold its business and assets to SGIK 3 Investments Ltd, an entity owned by the online fashion retailer's largest secured creditor and chairman Waheed Alli.

09 Dec UPDATE 3-French protesters take to streets over pension reform but numbers dwindle

Posted at 18:23h in News by KMFSLLP 0 Comments

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* In 1995, government caved in after weeks of protests (Adds demonstrations attendance numbers)

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09 Dec Election: Labour minister calls party’s chances ‘dire’ — as it happened

Posted at 18:14h in News by KMFSLLP 0 Comments

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09 Dec U.S. SEC chair says agency will not impose ‘caps’ on whistleblower awards

Posted at 18:03h in News by KMFSLLP 0 Comments

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The U.S. Securities and Exchange Commission will not introduce "caps" on awards to whistleblowers who come forward with key information on fraud and other violations, the head of the agency told lawmakers on Tuesday.

09 Dec Banco do Brasil CEO says bank unlikely to be privatized

Posted at 18:00h in News by KMFSLLP 0 Comments

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Brazilian state-controlled lender Banco do Brasil's Chief Executive Rubem Novaes on Tuesday predicted the bank was unlikely to be privatized even though he would favor such a move.

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09 Dec UPDATE 2-Canada raises capital buffer for banks to highest level as risks mount

Posted at 17:52h in News by KMFSLLP 0 Comments

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Canada's banking regulator on Tuesday raised the amount of capital lenders must hold to guard against risks including near-record household and corporate debt levels, as Moody's Investor Service highlighted high consumer leverage as a "persistent vulnerability."

09 Dec UPDATE 1-Too much, too little: German finance levy plan draws wide censure

Posted at 17:20h in News by KMFSLLP 0 Comments

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German Finance Minister Olaf Scholz's plans for a 1.5 billion euro financial transaction tax drew criticism from across the spectrum on Tuesday, with some labelling it investment "poison" and opposition politicians saying it did not go far enough.

09 Dec UPDATE 2-Possible tariff delay lifts European shares off session lows

Posted at 17:14h in News by KMFSLLP 0 Comments

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* U.S., China trade arbiters plan for delay of Dec tariffs - WSJ

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09 Dec UPDATE 2-U.S. Supreme Court justices lean toward insurers on $12 bln Obamacare claims

Posted at 16:55h in News by KMFSLLP 0 Comments

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U.S. Supreme Court justices on Tuesday appeared sympathetic to claims made by health insurers seeking $12 billion from the federal government under a program set up by the Obamacare law aimed at encouraging them to offer medical coverage to previously uninsured Americans.

News

09 Dec UPDATE 5-South African mines grind to halt as floods deepen power crisis

09 Dec UPDATE 1-Koovs sold by administrators as Indian billionaire Biyani fails to invest

09 Dec UPDATE 3-French protesters take to streets over pension reform but numbers dwindle

09 Dec Election: Labour minister calls party’s chances ‘dire’ — as it happened

09 Dec U.S. SEC chair says agency will not impose ‘caps’ on whistleblower awards

09 Dec Banco do Brasil CEO says bank unlikely to be privatized

09 Dec UPDATE 2-Canada raises capital buffer for banks to highest level as risks mount

09 Dec UPDATE 1-Too much, too little: German finance levy plan draws wide censure

09 Dec UPDATE 2-Possible tariff delay lifts European shares off session lows

09 Dec UPDATE 2-U.S. Supreme Court justices lean toward insurers on $12 bln Obamacare claims

KM Financial Solutions LLP

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