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Author: KMFSLLP

03 Jun UPDATE 7-Jordan’s king replaces PM to subdue protests

Posted at 14:21h in News by KMFSLLP 0 Comments

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* Parliament may seek exceptional session (Adds comments from union leader, banker)

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03 Jun Teen convicted over planned terror attack on the British Museum

Posted at 14:19h in News by KMFSLLP 0 Comments

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03 Jun Oman’s Bank Sohar hires banks for $250 mln syndicated loan – sources

Posted at 14:00h in News by KMFSLLP 0 Comments

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DUBAI, June 4 (Reuters) - Bank Sohar, Oman’s fourth largest bank by assets, is seeking to raise $250 million through a syndicated loan after recently completing a $300 million debt facility, banking sources said.

03 Jun UPDATE 8-Oil slips as U.S. supply grows, OPEC mulls higher output

Posted at 13:45h in News by KMFSLLP 0 Comments

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* U.S. summer driving season raises demand, could cut inventories (Updates prices in paragraphs 2-3)

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03 Jun Russia c.bank says spent $24.2 bln on banks’ rescue

Posted at 13:33h in News by KMFSLLP 0 Comments

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MOSCOW, June 4 (Reuters) - The Russian central bank had to spend 1.5 trillion roubles ($24.2 billion) on rescuing troubled lenders and is now looking forward to selling stakes in these banks as soon as possible, Governor Elvira Nabiullina said on Monday.

03 Jun UPDATE 1-SocGen agrees to fines over Libya and IBOR rates probes

Posted at 13:25h in News by KMFSLLP 0 Comments

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PARIS, June 4 (Reuters) - French bank Societe Generale said on Monday it had reached agreements in principle with U.S. and French authorities to settle probes on its transactions in Libya and on its handling of the 'IBOR' money market rates.

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03 Jun UPDATE 1-Putin signs Russian “counter-sanctions” into law

Posted at 13:24h in News by KMFSLLP 0 Comments

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MOSCOW, June 4 (Reuters) - Russian President Vladimir Putin on Monday signed into law counter-sanctions legislation that was drawn up by lawmakers in response to U.S. sanctions imposed on Russia in April.

03 Jun Directors at Russia’s En+ working with Rothschild to get firm off U.S. blacklist -source

Posted at 13:20h in News by KMFSLLP 0 Comments

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LONDON/MOSCOW, June 4 (Reuters) - In a bid to free Rusal from U.S. sanctions, the independent directors of the company controlling Russia's biggest aluminium producer have hired Rothschild to advise on the sale of billionaire Oleg Deripaska's stake, a source said.

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03 Jun UPDATE 1-Advent International picks up majority stake in Walmart Brazil

Posted at 13:14h in News by KMFSLLP 0 Comments

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NEW YORK/SAO PAULO, June 4 (Reuters) - Walmart Inc said on Monday that private equity firm Advent International will pick up an 80 percent stake in Walmart Brazil and the retailer will retain the remaining 20 percent, without disclosing the value of the transaction.

03 Jun UPDATE 1-Former U.S. federal prosecutor to head Britain’s fraud buster

Posted at 12:55h in News by KMFSLLP 0 Comments

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LONDON, June 4 (Reuters) - Former U.S. federal prosecutor Lisa Osofsky was named the head of Britain's Serious Fraud Office (SFO) on Monday and said she wanted to embolden an agency whose future has been in doubt.

Author: KMFSLLP

03 Jun UPDATE 7-Jordan’s king replaces PM to subdue protests

03 Jun Teen convicted over planned terror attack on the British Museum

03 Jun Oman’s Bank Sohar hires banks for $250 mln syndicated loan – sources

03 Jun UPDATE 8-Oil slips as U.S. supply grows, OPEC mulls higher output

03 Jun Russia c.bank says spent $24.2 bln on banks’ rescue

03 Jun UPDATE 1-SocGen agrees to fines over Libya and IBOR rates probes

03 Jun UPDATE 1-Putin signs Russian “counter-sanctions” into law

03 Jun Directors at Russia’s En+ working with Rothschild to get firm off U.S. blacklist -source

03 Jun UPDATE 1-Advent International picks up majority stake in Walmart Brazil

03 Jun UPDATE 1-Former U.S. federal prosecutor to head Britain’s fraud buster

KM Financial Solutions LLP

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