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News

19 Apr Polish games operator’s IPO a success as stay-at home lockdown boosts outlook

Posted at 11:08h in News by KMFSLLP 0 Comments

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Shares in Polish gaming company Games Operators rose further on Monday, after doubling on their debut late last week as investors bet on increased interest in gaming during lockdowns due to the coronavirus.

19 Apr REFILE-UPDATE 1-BoCom securities arm fined $2.5 mln in Hong Kong for regulatory failings

Posted at 11:05h in News by KMFSLLP 0 Comments

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Hong Kong's markets watchdog said on Monday it had fined a local securities unit of one of China's largest banks, Bank of Communications , HK$19.6 million ($2.53 million) for a range of regulatory breaches.

19 Apr UPDATE 1-Bank of Spain predicts economy to shrink up to 12.4% in 2020

Posted at 11:05h in News by KMFSLLP 0 Comments

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Spain's tourism-dependent economy could shrink as much as 12.4% this year if its coronavirus lockdown lasts 12 weeks, before staging a vigorous recovery of at least 5.5% in 2021, the Bank of Spain said on Monday.

19 Apr Major asset managers reject Argentina debt restructuring proposal

Posted at 11:00h in News by KMFSLLP 0 Comments

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A group of Argentina's major creditors rejected the government's proposal aimed at overhauling $66.2 billion of its foreign-law debt, saying it inflicted an unjust amount of financial pain on international bond holders.

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19 Apr Russia to issue general licences to miners for gold exports

Posted at 10:56h in News by KMFSLLP 0 Comments

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Russia will start issuing general licences for miners to export gold bars, a decree showed on Monday, easing restrictions that had previously required miners to secure a permit for each occasion they sought to export bullion.

19 Apr IMF sees 4% growth in Georgia in 2021, ready to help with funds

Posted at 10:56h in News by KMFSLLP 0 Comments

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The International Monetary Fund sees a recovery in Georgia's economic growth in 2021, after a 4% contraction this year due to the coronavirus outbreak, and stands ready to help the ex-Soviet country raise $1.6 billion from donors to finance balance of payments needs, an IMF official said.

19 Apr As Earth Day turns 50 amid lockdowns, environmental action goes digital

Posted at 10:54h in News by KMFSLLP 0 Comments

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ROME, April 20 (Thomson Reuters Foundation) - With many nations having banned mass gatherings to slow the spread of the deadly coronavirus, green activists are marking the 50th anniversary of Earth Day online, urging environmental action through apps, webinars and digital campaigns.

19 Apr Indian tycoon Mallya loses appeals against extradition from Britain

Posted at 10:43h in News by KMFSLLP 0 Comments

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Indian businessman Vijay Mallya lost an appeal in Britain's High Court on Monday against a 2018 decision to extradite him to India to face fraud charges resulting from the collapse of his defunct company Kingfisher Airlines.

19 Apr Fund manager Lyxor to take tougher stance on climate at AGMs

Posted at 10:30h in News by KMFSLLP 0 Comments

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French asset manager Lyxor, part of lender Societe Generale, on Monday became the latest investor to warn it would take a tougher stance on climate-related issues at companies' annual general meetings (AGM).

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19 Apr UK car insurance prices rise 6% in Q1 – survey

Posted at 10:29h in News by KMFSLLP 0 Comments

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Comprehensive motor insurance policy costs in Britain rose 6% in the first quarter of 2020 from last year as uncertainty in the market continued to drive price fluctuations, an insurance price index released on Monday showed.

News

19 Apr Polish games operator’s IPO a success as stay-at home lockdown boosts outlook

19 Apr REFILE-UPDATE 1-BoCom securities arm fined $2.5 mln in Hong Kong for regulatory failings

19 Apr UPDATE 1-Bank of Spain predicts economy to shrink up to 12.4% in 2020

19 Apr Major asset managers reject Argentina debt restructuring proposal

19 Apr Russia to issue general licences to miners for gold exports

19 Apr IMF sees 4% growth in Georgia in 2021, ready to help with funds

19 Apr As Earth Day turns 50 amid lockdowns, environmental action goes digital

19 Apr Indian tycoon Mallya loses appeals against extradition from Britain

19 Apr Fund manager Lyxor to take tougher stance on climate at AGMs

19 Apr UK car insurance prices rise 6% in Q1 – survey

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