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News

23 Feb Mastercard says coronavirus to hit first-quarter revenue

Posted at 22:57h in News by KMFSLLP 0 Comments

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Mastercard Inc said on Monday its net revenue in the first quarter will likely take a hit of between 2% and 3% due to the coronavirus outbreak.

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23 Feb U.S. still eyeing ways to curb sales to Huawei after Trump’s chipmaker comments -sources

Posted at 22:42h in News by KMFSLLP 0 Comments

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U.S. government officials are still considering ways to further curb sales to China's Huawei Technologies, despite President Donald Trump's tweets and comments last week in support of sales to China, according to people familiar with the matter.

23 Feb US STOCKS-Wall St plunges on fears of coronavirus pandemic

Posted at 22:02h in News by KMFSLLP 0 Comments

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* Health insurers fall after Sanders' Nevada victory (Updates to close, adds commentary)

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23 Feb UPDATE 3-Hedge fund Third Point calls on Britain’s Prudential to break up

Posted at 21:58h in News by KMFSLLP 0 Comments

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Hedge fund Third Point LLC amassed a more than $2 billion stake in Prudential Plc and called on the British insurer on Monday to split into two companies.

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23 Feb JPMorgan Chase plans to unveil climate initiatives at investor day

Posted at 21:30h 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.

23 Feb Australia shares set to open lower on virus fears, NZ falls

Posted at 21:22h in News by KMFSLLP 0 Comments

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Australian shares are poised to open lower on Tuesday, extending heavy losses from the previous session as concerns of global economic impact due to the rising number of coronavirus cases outside China continued to hurt risk appetite. The local share price index futures ...

23 Feb Intuit to buy Credit Karma for $7.1 billion

Posted at 21:06h in News by KMFSLLP 0 Comments

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TurboTax maker Intuit said on Monday it would buy privately held personal finance portal Credit Karma in a cash-and-stock deal for about $7.1 billion.

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23 Feb UPDATE 2-France will back Lebanon, including an IMF plan – Le Maire

Posted at 20:50h in News by KMFSLLP 0 Comments

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France is looking at options to help Lebanon recover from its financial crisis, including an International Monetary Fund (IMF) programme if Beirut seeks one, a minister said on Monday.

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23 Feb UPDATE 1-BoE’s Haldane sees ‘stirring in the undergrowth’ on UK business investment

Posted at 20:30h in News by KMFSLLP 0 Comments

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The Bank of England's chief economist Andy Haldane said he saw hints that British businesses were becoming more willing to invest, following a drop in domestic political and Brexit uncertainty since the end of 2019.