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09 Dec India’s cenbank governor Urjit Patel steps down

Posted at 11:58h in News by KMFSLLP 0 Comments

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Indian central bank governor Urjit Patel resigned on Monday citing "personal reasons", a statement issued by the Reserve Bank of India (RBI) said.

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09 Dec UPDATE 2-India’s markets fall as state exit polls show Modi struggling

Posted at 11:51h in News by KMFSLLP 0 Comments

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* Rupee weakest since Nov. 20, stocks post worst close in 4 wks

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09 Dec Siris, Evergreen to buy Travelport for $4.4 bln

Posted at 11:37h in News by KMFSLLP 0 Comments

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Travel software platform Travelport Worldwide Ltd said on Monday it will be acquired by affiliates of private equity firms Siris Capital and Evergreen Coast Capital for around $4.4 billion in cash.

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09 Dec Russia’s Antipinsky refinery says oil flows to plant will resume shortly

Posted at 11:28h in News by KMFSLLP 0 Comments

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New Stream, the owner of Russian private oil refinery Antipinsky, said on Monday oil flows to the plant would resume shortly and the company was processing payments for supplies with Sberbank.

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09 Dec COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp

Posted at 11:28h in News by KMFSLLP 0 Comments

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The weakening outlook for oil consumption coupled with rising output from U.S. shale and softer than expected U.S. sanctions on Iran have convinced most traders the market is moving into a period of oversupply.

09 Dec UPDATE 1-UAE banks told to make credit checks on customers before issuing cheque books

Posted at 11:17h in News by KMFSLLP 0 Comments

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The United Arab Emirates' central bank said on Monday it has told lenders to carry out credit checks with the credit bureau on customers before issuing them with cheque books.

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09 Dec UPDATE 1-Samsung BioLogics shares to remain listed, resume trade on Dec. 11

Posted at 11:12h in News by KMFSLLP 0 Comments

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South Korea's main stock exchange has decided Samsung BioLogics Co Ltd is qualified to continue trading on the exchange and that the company's shares will resume trading on Tuesday, the bourse said on Monday.

09 Dec EU’s top court rules UK can unilaterally end Brexit

Posted at 11:12h in News by KMFSLLP 0 Comments

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Landmark ECJ decision comes a day before UK parliament votes on Theresa May’s plan

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09 Dec UPDATE 1-Societe Generale builds clearing hub in Paris ahead of Brexit

Posted at 11:00h in News by KMFSLLP 0 Comments

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Societe Generale is opening a Paris hub this month to clear derivatives in the European Union in the latest sign of euro business moving from Britain to the bloc ahead of Brexit.

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09 Dec Kenyan pipeline, health insurance fund officials charged over graft

Posted at 10:57h in News by KMFSLLP 0 Comments

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A Kenyan court on Monday charged senior officials from the state-run oil pipeline and others from the state health insurance fund for abuse of office and economic crimes that led to the loss of billions of shillings from the two institutions.

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News

09 Dec India’s cenbank governor Urjit Patel steps down

09 Dec UPDATE 2-India’s markets fall as state exit polls show Modi struggling

09 Dec Siris, Evergreen to buy Travelport for $4.4 bln

09 Dec Russia’s Antipinsky refinery says oil flows to plant will resume shortly

09 Dec COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp

09 Dec UPDATE 1-UAE banks told to make credit checks on customers before issuing cheque books

09 Dec UPDATE 1-Samsung BioLogics shares to remain listed, resume trade on Dec. 11

09 Dec EU’s top court rules UK can unilaterally end Brexit

09 Dec UPDATE 1-Societe Generale builds clearing hub in Paris ahead of Brexit

09 Dec Kenyan pipeline, health insurance fund officials charged over graft

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