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News

22 Oct Bitcoin plunges 7% to hit five-month low

Posted at 15:20h in News by KMFSLLP 0 Comments

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The price of bitcoin, the world's best-known virtual currency, dropped more than 7% on Wednesday to $7,412, its lowest since the middle of May.

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22 Oct UPDATE 1-Lebanese prosecutor charges ex-PM and Bank Audi over loans

Posted at 15:19h in News by KMFSLLP 0 Comments

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A Lebanese public prosecutor has brought charges against former prime minister Najib Mikati and Bank Audi for making illicit gains through subsidised housing loans, state media and a judicial source said on Wednesday.

22 Oct UPDATE 1-Zuckerberg reassures U.S. Congress on Facebook’s digital currency plans

Posted at 15:06h in News by KMFSLLP 0 Comments

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Facebook Inc CEO Mark Zuckerberg sought to reassure skeptical U.S. lawmakers on Wednesday that the company's planned digital currency Libra would be a force for good that could reduce costs for electronic payments and help more people participate in the global financial system.

22 Oct UPDATE 2-Vatican financial regulator denies wrongdoing in London property buy

Posted at 15:05h in News by KMFSLLP 0 Comments

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The Vatican's financial regulator on Wednesday rejected a prosecutor's accusations that it acted improperly over the purchase of a luxury building in London, raising the stakes in an awkward internal conflict for Pope Francis.

22 Oct Global stocks weak with growth outlook in focus

Posted at 14:50h in News by KMFSLLP 0 Comments

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Equities mixed while sterling edges lower after MPs back EU deal

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22 Oct UK faces £240bn bill for charging points and heat pumps

Posted at 14:29h in News by KMFSLLP 0 Comments

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Study forecasts cost of hitting target to reduce greenhouse gas emissions to ‘net zero’ by 2050

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22 Oct UK faces £286bn bill to meet climate change target

Posted at 14:29h in News by KMFSLLP 0 Comments

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Installation of 4,000 electric vehicle charging points and heat pumps needed every day, study finds

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22 Oct UPDATE 7-SoftBank clinches WeWork takeover deal, bailing out co-founder

Posted at 14:23h in News by KMFSLLP 0 Comments

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* SoftBank agrees to spend more than $10 bln to take over WeWork

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22 Oct Deal to save British Steel in doubt as talks with Turkish fund near deadline

Posted at 14:08h in News by KMFSLLP 0 Comments

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A deal to save Britain's second largest steelmaker British Steel from collapse is in jeopardy as exclusive negotiations with Turkey's military pension fund OYAK approach a deadline without an agreement.

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22 Oct REFILE-Risk of contagion in India’s financial sector rising – rating agencies

Posted at 13:57h in News by KMFSLLP 0 Comments

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There is rising risk of contagion in India's banking sector with many finance companies having lost more than half of their equity value in the past year, rating agency Standard & Poor's said on Wednesday.

News

22 Oct Bitcoin plunges 7% to hit five-month low

22 Oct UPDATE 1-Lebanese prosecutor charges ex-PM and Bank Audi over loans

22 Oct UPDATE 1-Zuckerberg reassures U.S. Congress on Facebook’s digital currency plans

22 Oct UPDATE 2-Vatican financial regulator denies wrongdoing in London property buy

22 Oct Global stocks weak with growth outlook in focus

22 Oct UK faces £240bn bill for charging points and heat pumps

22 Oct UK faces £286bn bill to meet climate change target

22 Oct UPDATE 7-SoftBank clinches WeWork takeover deal, bailing out co-founder

22 Oct Deal to save British Steel in doubt as talks with Turkish fund near deadline

22 Oct REFILE-Risk of contagion in India’s financial sector rising – rating agencies

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