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24 Feb Australian shares set to drop over 2% at open, NZ falls

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

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Australian shares were poised to slump at open on Wednesday, the fourth straight session of declines, as the rapid global spread of the coronavirus beyond China rattled risk sentiment. With an acceleration of confirmed virus cases in several countries such as South Korea and Iran,...

24 Feb UPDATE 4-Demand for new Spanish 30-year bond falls short of January record

Posted at 20:25h in News by KMFSLLP 0 Comments

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Spain successfully placed 5 billion euros of 30-year bonds on Tuesday but an increasingly uncertain market backdrop cut into investor demand, keeping it well below record-high orders the government received for its January deal.

24 Feb CORRECTED-IEX plan to thwart predatory trading with AI gets pension backing

Posted at 20:09h in News by KMFSLLP 0 Comments

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A group of North American retirement plans with more than $3.3 trillion in assets has backed a proposal by exchange operator IEX Group to use artificial intelligence to counter technology some high-speed traders use to get a trading edge.

24 Feb U.S. business borrowing for equipment jumps 28% in January – ELFA

Posted at 20:00h in News by KMFSLLP 0 Comments

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U.S. companies' borrowings for capital investments surged about 28% in January from a year earlier, as a strong U.S. economy drove up business spending, the Equipment Leasing and Finance Association (ELFA) said on Tuesday.

24 Feb UPDATE 1-Authentic Brands taps former H&M exec to helm Forever 21

Posted at 19:40h in News by KMFSLLP 0 Comments

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Forever 21's new co-owner Authentic Brands Group said on Tuesday it had appointed former H&M executive Daniel Kulle as the new chief executive officer of the bankrupt apparel retailer.

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24 Feb Facebook would have to pay $3.50/ month to U.S. users for sharing contact info -study

Posted at 19:10h in News by KMFSLLP 0 Comments

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German Facebook users would want the social media platform to pay them about $8 per month for sharing their contact information, while U.S. users would only seek $3.50, according to a study of how people in various countries value their private information.

24 Feb UPDATE 3-JPMorgan executives say bank is big enough to weather any storm

Posted at 18:56h in News by KMFSLLP 0 Comments

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JPMorgan Chase & Co executives tried to reassure investors on Tuesday that the bank can thrive during times of market and economic stress, due to the sheer size and breadth of its global operations.

24 Feb CORRECTED-UPDATE 2-JPMorgan Chase plans to unveil climate initiatives at investor day

Posted at 18:52h in News by KMFSLLP 0 Comments

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JPMorgan Chase & Co executives plan to announce new climate-change initiatives on Tuesday, including restrictions on financing coal mining and Arctic drilling, as well as a $200 billion target to provide financing for sustainable projects.

24 Feb Barnier irritated by UK stance ahead of trade talks

Posted at 18:51h in News by KMFSLLP 0 Comments

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EU’s chief Brexit negotiator suspects Johnson is reneging on political declaration

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24 Feb De La Rue announces cost cuts to revitalise business

Posted at 18:15h in News by KMFSLLP 0 Comments

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Banknote manufacturer enjoys share price surge as focus switches to polymer currency printing

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News

24 Feb Australian shares set to drop over 2% at open, NZ falls

24 Feb UPDATE 4-Demand for new Spanish 30-year bond falls short of January record

24 Feb CORRECTED-IEX plan to thwart predatory trading with AI gets pension backing

24 Feb U.S. business borrowing for equipment jumps 28% in January – ELFA

24 Feb UPDATE 1-Authentic Brands taps former H&M exec to helm Forever 21

24 Feb Facebook would have to pay $3.50/ month to U.S. users for sharing contact info -study

24 Feb UPDATE 3-JPMorgan executives say bank is big enough to weather any storm

24 Feb CORRECTED-UPDATE 2-JPMorgan Chase plans to unveil climate initiatives at investor day

24 Feb Barnier irritated by UK stance ahead of trade talks

24 Feb De La Rue announces cost cuts to revitalise business

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