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12 Dec Philippine c.bank holds overnight borrowing rate steady

Posted at 08:05h in News by KMFSLLP 0 Comments

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The Philippine central bank held its benchmark interest rate steady on Thursday, as expected, in line with the outlook for the inflation rate to cool.

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12 Dec Brexit clarifications possible, but no further negotiations – EU’Oettinger

Posted at 08:03h in News by KMFSLLP 0 Comments

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The European Union is open to add clarifications to the Brexit deal but there won't be further negotiations in substance on issues such as the backstop solution on Northern Ireland, European Commissioner Guenther Oettinger said on Thursday.

12 Dec Serco meets raised profit guidance while rivals struggle

Posted at 08:01h in News by KMFSLLP 0 Comments

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12 Dec UPDATE 1-ECB to stop its printing presses even as concerns grow

Posted at 07:57h in News by KMFSLLP 0 Comments

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* New economic forecasts seen gloomier on growth (Updates with German inflation, Italy's new deficit goal)

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12 Dec Weakened UK PM May turns to Brussels for help on Brexit

Posted at 07:56h in News by KMFSLLP 0 Comments

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A weakened Theresa May was set to ask European leaders for help on Thursday after a mutiny by more than a third of her lawmakers failed to unseat her but left parliament heading for deadlock over Brexit.

12 Dec REFILE-UPDATE 1-Purplebricks trims revenue forecast on UK challenges

Posted at 07:51h in News by KMFSLLP 0 Comments

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British online estate agent Purplebricks Group Plc trimmed the upper end of its revenue forecast for the year on Thursday, citing a challenging UK property market on the run in to the country's planned departure from the European Union.

12 Dec UPDATE 1-Germany’s Metro sees Russia weighing on profits

Posted at 07:49h in News by KMFSLLP 0 Comments

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German wholesaler Metro said on Thursday it expects eastern Europe and Asia to drive a rise in sales in the 2018/19 financial year, although it sees profits falling due to its struggling Russian business and investments in digitalisation.

12 Dec UPDATE 1-Facing big loss, Swiss asset manager GAM cuts staff, dividend

Posted at 07:47h in News by KMFSLLP 0 Comments

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Swiss asset manager GAM Holding AG will cut staff by a tenth and omit a 2018 dividend, it said on Thursday, forecasting a 2018 net loss of around 925 million Swiss francs ($931 million) as it shakes up its embattled business.

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12 Dec Theresa May wins vote of confidence

Posted at 07:44h in News by KMFSLLP 0 Comments

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UK prime minister survives attempted coup by 200 to 117 but at price of divided party

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12 Dec Mike Ashley issues dire warning for UK retailing

Posted at 07:40h in News by KMFSLLP 0 Comments

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Sports Direct chief says November was ‘worst on record’ as poor Christmas sales add to gloom

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News

12 Dec Philippine c.bank holds overnight borrowing rate steady

12 Dec Brexit clarifications possible, but no further negotiations – EU’Oettinger

12 Dec Serco meets raised profit guidance while rivals struggle

12 Dec UPDATE 1-ECB to stop its printing presses even as concerns grow

12 Dec Weakened UK PM May turns to Brussels for help on Brexit

12 Dec REFILE-UPDATE 1-Purplebricks trims revenue forecast on UK challenges

12 Dec UPDATE 1-Germany’s Metro sees Russia weighing on profits

12 Dec UPDATE 1-Facing big loss, Swiss asset manager GAM cuts staff, dividend

12 Dec Theresa May wins vote of confidence

12 Dec Mike Ashley issues dire warning for UK retailing

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