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News

18 Dec CMA seeks new powers to curb ‘rip-off’ loyalty penalties

Posted at 07:41h in News by KMFSLLP 0 Comments

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Competition regulator estimates such tactics cost consumers £4bn per year

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18 Dec CMA seeks new powers to curb ‘loyalty penalties’

Posted at 07:41h in News by KMFSLLP 0 Comments

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Regulator estimates such tactics cost consumers £4bn per year

...

18 Dec UK’s financial watchdog may investigate Yu Group’s financial health

Posted at 07:35h in News by KMFSLLP 0 Comments

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YU Group, a supplier of gas and electricity to British businesses, said the country's financial watchdog is planning to investigate whether announcements made by the company between March 6 and Oct. 24 reflected its financial status.

18 Dec UPDATE 1-German security office warned German firms about Chinese hacking – report

Posted at 07:34h in News by KMFSLLP 0 Comments

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Germany's Office for Information Security (BSI) has issued warnings to several German firms named by the United States as possible victims of hacking attacks, a newspaper reported, adding that Chinese activity against German firms had increased.

18 Dec Danske ex-CEO Borgen sets up management consultancy firm -public records

Posted at 07:23h in News by KMFSLLP 0 Comments

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Thomas Borgen, who in September quit as chief executive of Danske Bank over a money laundering scandal, has set up a management consultancy firm in Denmark, public records show.

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18 Dec UPDATE 2-S.Korea’s policy chiefs see high economic uncertainty

Posted at 07:04h in News by KMFSLLP 0 Comments

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* Bond yields drop on diminished views over rate hike in 2019 (Updates after finance minister-central bank chief meeting)

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18 Dec German security office warned German firms about Chinese hacking – report

Posted at 06:59h in News by KMFSLLP 0 Comments

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Germany's Federal Office for Information Security (BSI) has issued a warning to several German firms whose names were mentioned by the United States as being suspected victims of hacking attacks, a newspaper reported on Wednesday.

18 Dec India’s Modi says most goods to be hit with below 18 pct GST

Posted at 06:24h in News by KMFSLLP 0 Comments

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India will tax most goods at below 18 percent in a further simplification of the Goods and Services Tax, Prime Minister Narendra Modi said, aiming to shore up support among businesses that have struggled with the new system.

18 Dec WRAPUP 1-Fed expected to raise rates, may signal fewer hikes ahead

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

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The U.S. Federal Reserve is expected to raise interest rates on Wednesday, but may cut the number of hikes it anticipates next year and signal an earlier end to its monetary tightening in the face of financial market volatility and rising recession fears.

18 Dec UPDATE 2-Chinese city’s property easing a test of central govt resolve as economy slows

Posted at 05:38h in News by KMFSLLP 0 Comments

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The Chinese city of Heze has reversed a rule designed to curb real estate flipping, boosting shares in property developers on Wednesday and sparking speculation that more cities could follow suit as slowing sales weigh on the economy.

News

18 Dec CMA seeks new powers to curb ‘rip-off’ loyalty penalties

18 Dec CMA seeks new powers to curb ‘loyalty penalties’

18 Dec UK’s financial watchdog may investigate Yu Group’s financial health

18 Dec UPDATE 1-German security office warned German firms about Chinese hacking – report

18 Dec Danske ex-CEO Borgen sets up management consultancy firm -public records

18 Dec UPDATE 2-S.Korea’s policy chiefs see high economic uncertainty

18 Dec German security office warned German firms about Chinese hacking – report

18 Dec India’s Modi says most goods to be hit with below 18 pct GST

18 Dec WRAPUP 1-Fed expected to raise rates, may signal fewer hikes ahead

18 Dec UPDATE 2-Chinese city’s property easing a test of central govt resolve as economy slows

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