Posted at 08:25h
in
News
by KMFSLLP
Credit Suisse cut a key
profitability target for this year and next as a drop in
dealmaking, negative interest rates and uncertainty caused by
global trade tensions dimmed the outlook.
...
Posted at 08:21h
in
News
by KMFSLLP
Abu Dhabi state fund Mubadala says
it remains optimistic about Softbank's Vision Fund, a
senior executive said on Wednesday.
...
Posted at 08:15h
in
News
by KMFSLLP
* Flotation propels Saudi bourse into global top ten
(Adds details, fund manager's quote, background)
...
Posted at 08:14h
in
News
by KMFSLLP
European shares rose slightly on
Wednesday as investors closely watched a pivotal British
election on Thursday to decide the fate of Brexit, while
attention also focused on central bank meetings in the United
States and the euro zone this week.
Posted at 08:10h
in
News
by KMFSLLP
A Pakistani court on
Wednesday indicted Islamist militant Hafiz Saeed, the alleged
mastermind of deadly 2008 attacks in Mumbai, on terror financing
charges, a government prosecutor and defence lawyer said.
...
Posted at 08:03h
in
News
by KMFSLLP
Indonesia plans to sell two new
types of bonds next year, including one tailored for Indonesians
living overseas, to diversify its bond market, a finance
ministry official said on Wednesday.
...
Posted at 08:01h
in
News
by KMFSLLP
Over-50s tourism and insurance company
Saga Plc on Wednesday tapped former Superdry Plc
top boss Euan Sutherland as its chief executive
officer, replacing Lance Batchelor whose retirement was
announced in June.
...
Posted at 07:57h
in
News
by KMFSLLP
Transport operator Stagecoach Group Plc
reported a 9% fall in first-half profit on Wednesday,
hit by the loss of crucial franchises to operate rail routes in
the UK and said Chairman and co-founder Brian Souter will step
down this year.
Posted at 07:55h
in
News
by KMFSLLP
Credit Suisse will stop
financing the development of new coal-fired power plants,
Switzerland's second-biggest bank said, a week after
environmental groups urged it to act.
...
Posted at 07:41h
in
News
by KMFSLLP
Saudi Aramco
shares opened at 35.2 riyal ($9.39) on Wednesday, 10% above
their IPO price of 32 riyals, in their first day of trading
following a record initial public offering.
...
