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25 Feb Lanvin’s Sialelli revisits tradition in retro-themed Paris show

Posted at 19:16h in News by KMFSLLP 0 Comments

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Lanvin designer Bruno Sialelli quoted from decades of fashion history on Wednesday in a ready-to-wear show fully befitting France's oldest fashion house.

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25 Feb Johnson goes back on trade deal pledges to Brussels

Posted at 18:58h in News by KMFSLLP 0 Comments

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Britain to insist on full control of state aid, labour and environmental rules

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25 Feb S.Africa’s Treasury head warns of debt trap if wage cuts do not materialise

Posted at 18:43h in News by KMFSLLP 0 Comments

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South Africa risks sliding into a debt trap and being forced to approach the International Monetary Fund (IMF) for bailouts if it fails to push through more than 160 billion rand ($10.50 billion) worth of cuts to public sector wages, the head of the National Treasury said on Wednesday.

25 Feb Romania’s president says appoints finance minister Citu as PM-designate

Posted at 18:30h in News by KMFSLLP 0 Comments

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Romania's centrist President Klaus Iohannis said on Wednesday he has appointed interim Finance Minister Florin Citu as prime minister-designate to form a transitional government until a parliamentary election in November.

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25 Feb UPDATE 1-U.S. junk energy index spread widens to three-year high

Posted at 18:26h in News by KMFSLLP 0 Comments

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Credit investors nervous about the threat the coronavirus poses to the global economy have pulled money out of riskier bonds, widening the spread of U.S. junk-rated energy debt over Treasuries to a three-year high on Tuesday.

25 Feb UPDATE 3-Italy seeks to end ultra-fast broadband stalemate

Posted at 18:23h in News by KMFSLLP 0 Comments

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Italy on Wednesday urged Telecom Italia and fibre-optic rival Open Fiber to quickly find an accord to merge their ultra-fast broadband assets, seeking to end a stalemate over an infrastructure the government deems strategic.

25 Feb Pressure mounts on Bayer CEO to fix legal problems as chairman quits

Posted at 18:18h in News by KMFSLLP 0 Comments

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The departure of Bayer Chairman Werner Wenning will turn up the heat on CEO Werner Baumann to resolve the healthcare to agriculture group's legal problems, two of the firm's biggest German shareholders said on Wednesday.

25 Feb UPDATE 2-Walmart in talks with possible buyers for Asda stake

Posted at 18:11h in News by KMFSLLP 0 Comments

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* Asda's attempt to combine with Sainsbury's blocked last year (Adds details)

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25 Feb WRAPUP 2-Lower mortgage rates, mild weather lift U.S. new home sales to 12-1/2-year high

Posted at 17:59h in News by KMFSLLP 0 Comments

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Sales of new U.S. single-family homes raced to a 12-1/2-year high in January, pointing to housing market strength that could help to blunt any hit on the economy from the coronavirus and keep the longest economic expansion in history on track.

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25 Feb Serco reinstates dividend for first time since 2014

Posted at 17:57h in News by KMFSLLP 0 Comments

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Chief describes payout as ‘important milestone’ for group close to bankruptcy six years ago

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News

25 Feb Lanvin’s Sialelli revisits tradition in retro-themed Paris show

25 Feb Johnson goes back on trade deal pledges to Brussels

25 Feb S.Africa’s Treasury head warns of debt trap if wage cuts do not materialise

25 Feb Romania’s president says appoints finance minister Citu as PM-designate

25 Feb UPDATE 1-U.S. junk energy index spread widens to three-year high

25 Feb UPDATE 3-Italy seeks to end ultra-fast broadband stalemate

25 Feb Pressure mounts on Bayer CEO to fix legal problems as chairman quits

25 Feb UPDATE 2-Walmart in talks with possible buyers for Asda stake

25 Feb WRAPUP 2-Lower mortgage rates, mild weather lift U.S. new home sales to 12-1/2-year high

25 Feb Serco reinstates dividend for first time since 2014

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