Posted at 13:12h
in
News
by KMFSLLP
MOSCOW, May 21 (Reuters) - The head of Russia's $10 billion
sovereign wealth fund called on Monday for the government to
issue more domestic debt to fund infrastructure projects.
...
Posted at 13:12h
in
News
by KMFSLLP
DUBAI, May 21 (Reuters) - Dubai stocks climbed to a more
than two-week high on Monday, as sentiment for property shares
was lifted by a decision of the United Arab Emirates' government
to grant residency visas of up to 10 years to investors and
specialists.
...
Posted at 13:01h
in
News
by KMFSLLP
MOSCOW, May 21 (Reuters) - The Russian central bank will
inject an extra 18 billion roubles ($288.18 million) into
Otkritie Group, which it rescued last year, to keep afloat three
pension funds run by what was once Russia's largest private
lender, sources told Reuters.
Posted at 12:51h
in
News
by KMFSLLP
Residents in the north are opposed to physicals checks and infrastructure
...
Posted at 12:47h
in
News
by KMFSLLP
* Companies face fines of 4 pct of turnover for
non-compliance
...
Posted at 12:40h
in
News
by KMFSLLP
May 21 (Reuters) - General Electric Co confirmed on
Monday it was unloading the bulk of its transportation business
which makes train engines to Wabtec Corp, a U.S.
manufacturer of equipment for the rail industry, in a deal
valued at about $11.1 billion.
Posted at 12:34h
in
News
by KMFSLLP
Posted at 12:24h
in
News
by KMFSLLP
HELSINKI, May 21 (Reuters) - HMD Global, the Finnish company
that owns the right to use the Nokia brand on phones, has raised
$100 million of funding intended to boost growth, it said on
Monday.
Posted at 12:22h
in
News
by KMFSLLP
May 21 (Reuters) - Private equity firm Blackstone Group LP
said on Monday it would buy U.S. hotel owner LaSalle
Hotel Properties for $3.7 billion, topping a rival bid
from Pebblebrook Hotel Trust in April for $3.5 billion.
Posted at 12:10h
in
News
by KMFSLLP
LONDON, May 21 (Reuters) - For all the bullish commentary
about oil prices at the moment, hedge fund managers have
continued to take profits after the recent rally and are
trimming their net long positions rather than adding to them.
...