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News

21 Jan US threatens UK with car tariffs as digital tax row worsens

Posted at 12:07h in News by KMFSLLP 0 Comments

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Davos dispute underlines obstacles to any future trade deal negotiations

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21 Jan UPDATE 1-China companies issue staff with masks, travel warnings as virus outbreak fears grow

Posted at 12:06h in News by KMFSLLP 0 Comments

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Companies across China are handing out masks and warning staff to avoid the central city of Wuhan amid fears that the new flu-like coronavirus will rapidly spread with much of population embarking on travel for Lunar New Year holidays.

21 Jan Insurers look to curb ransomware exposure as U.S. cyber rates rise

Posted at 12:00h in News by KMFSLLP 0 Comments

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U.S. insurers are ramping up cyber-insurance rates by as much as 25% and trying to curb exposure to vulnerable customers after a surge of costly claims, industry sources said.

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21 Jan With record profits on Wall Street, small bonuses will annoy bankers -experts

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Most Wall Street banks announced their fourth quarter profits beat industry expectations last week. But by the end of this week, bank sources and compensation experts told Reuters, most of their staff will be underwhelmed by their bonuses.

21 Jan Hungarian banks renew call for tax easing as instant payment launch nears

Posted at 11:51h in News by KMFSLLP 0 Comments

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Hungarian banks say they have spent up to $133 million on a new instant-payments system and won't pass on the cost to customers, but are seeking to recoup part of it by asking the government to ease a financial transaction tax.

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21 Jan Lebanon should restructure Eurobonds, seek IMF help – ex-minister

Posted at 11:48h in News by KMFSLLP 0 Comments

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Lebanon should restructure its Eurobonds, including a $1.2 billion issue maturing in March, and secure a multi-billion dollar IMF bailout to stave off economic meltdown, its former labour minister said.

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21 Jan UPDATE 2-Facing economic crisis, Lebanon’s government meets for first time

Posted at 11:38h in News by KMFSLLP 0 Comments

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Lebanon ushered in a new government that will need to walk a political tightrope, as President Michel Aoun said its main task was to win back international confidence that could unlock the funding the crisis-hit country badly needs.

21 Jan UK manufacturers feel more upbeat, CBI study shows

Posted at 11:28h in News by KMFSLLP 0 Comments

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Market data suggest investors are scaling back bets for an interest-rate cut

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21 Jan UPDATE 1-South African Airways should be kept as national airline, ANC says

Posted at 11:24h in News by KMFSLLP 0 Comments

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South African Airways (SAA) should be retained as a national airline but requires substantial restructuring, the governing African National Congress (ANC) party's Secretary General Ace Magashule said on Wednesday.

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21 Jan Asset manager CQS says chief executive Rolet to step down

Posted at 11:21h in News by KMFSLLP 0 Comments

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London-based asset manager CQS, founded by billionaire investor Michael Hintze, said on Wednesday that Xavier Rolet is to step down as chief executive in February and take up a position as strategic adviser.

News

21 Jan US threatens UK with car tariffs as digital tax row worsens

21 Jan UPDATE 1-China companies issue staff with masks, travel warnings as virus outbreak fears grow

21 Jan Insurers look to curb ransomware exposure as U.S. cyber rates rise

21 Jan With record profits on Wall Street, small bonuses will annoy bankers -experts

21 Jan Hungarian banks renew call for tax easing as instant payment launch nears

21 Jan Lebanon should restructure Eurobonds, seek IMF help – ex-minister

21 Jan UPDATE 2-Facing economic crisis, Lebanon’s government meets for first time

21 Jan UK manufacturers feel more upbeat, CBI study shows

21 Jan UPDATE 1-South African Airways should be kept as national airline, ANC says

21 Jan Asset manager CQS says chief executive Rolet to step down

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