Posted at 08:57h
in
News
by KMFSLLP
Cash-strapped Jet Airways Ltd
said late Tuesday it defaulted on debt payment to a consortium
of Indian banks, prompting ratings agency ICRA to downgrade the
carrier and sending its shares sharply lower.
...
Posted at 08:52h
in
News
by KMFSLLP
UK shares were sharply lower on Wednesday,
as investors came back from New Year celebrations to more
disappointing data from China that added to existing concerns
about the health of the world's economy.
Posted at 08:44h
in
News
by KMFSLLP
* HSI financial sector sub-index is 2.6 percent lower;
property
sector down 3.2 percent
...
Posted at 08:44h
in
News
by KMFSLLP
European shares started their
first trading day of 2019 deep in negative territory on
Wednesday as fears of a global growth slowdown, trade wars,
rising U.S. interest rates and political instability rolled over
into the new year.
Posted at 08:35h
in
News
by KMFSLLP
JLT Re's global property-catastrophe
reinsurance index fell 1.2 percent at the key Jan. 1 policy
renewal season, the broker said on Wednesday, dashing the
industry's hopes of higher reinsurance premiums after the second
straight year of big losses.
Posted at 08:35h
in
News
by KMFSLLP
The European Central Bank said
on Wednesday it had appointed three temporary administrators to
take charge of Italy's Carige in a bid to save the struggling
lender after it failed to raise capital late last year.
Posted at 08:32h
in
News
by KMFSLLP
Private equity firm EQT on
Wednesday bumped up its offer for Swedish specialty pharma group
Karo Pharma to 6.15 billion Swedish crowns ($694
million), citing in part stock market performance since its
original offer two months ago.
Posted at 08:14h
in
News
by KMFSLLP
U.S. companies have sent home over half a
trillion dollars of cash they held overseas in 2018 to take
advantage of tax changes, but data suggest the pace is slowing,
potentially removing a key source of support for Wall Street.
...
Posted at 08:13h
in
News
by KMFSLLP
Fearing his country's pay-as-you-go pension scheme is
unsustainable, a 40-year old French engineer - let's call him
Jean Dupont - makes a New Year resolution.
...
Posted at 08:07h
in
News
by KMFSLLP
Italy's market watchdog Consob has
suspended trading in shares of Banca Carige for a day
on Wednesday ahead of a possible statement on the governance of
the troubled lender.
...
