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News

28 Jan UPDATE 2-Santander boosts capital ratio, Q4 profit rises on Latam

Posted at 08:27h in News by KMFSLLP 0 Comments

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* Increases capital ratio and targets further increase in 2020

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28 Jan East African Cables seeks deal with lender who wants to wind it up

Posted at 08:25h in News by KMFSLLP 0 Comments

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East African Cables is seeking to restructure nearly a fifth of its bank debt, including a 285 million shilling ($2.83 million) loan to a local lender that has sought to wind it up over the debt, it said on Wednesday.

28 Jan Bank stocks lift European shares

Posted at 08:23h in News by KMFSLLP 0 Comments

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European shares gained slightly on Wednesday, helped by bank stocks following strong results from Santander, but mounting concerns about the fast-spreading coronavirus kept a lid on gains.

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28 Jan UK house price growth picks up after sluggish 2019

Posted at 08:06h in News by KMFSLLP 0 Comments

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Prices rose 1.9% in January thanks to low borrowing costs and improved labour market

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28 Jan RPT-UPDATE 2-Greece gathers record orders for first 15-year bond since crisis

Posted at 08:03h in News by KMFSLLP 0 Comments

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Greece attracted record orders for its first 15-year bond sale since the financial crisis, a crucial step in furthering the thrice bailed-out country's capital markets comeback.

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28 Jan U.S. House Democrats call for $760 bln in infrastructure spending over five years

Posted at 08:00h in News by KMFSLLP 0 Comments

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U.S. House Democrats on Wednesday will unveil a proposed $760 billion infrastructure spending bill over five years that aims to rebuild sagging roads and bridges and reduce carbon pollution.

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28 Jan UPDATE 2-Vodafone to sell stake in Egyptian unit to Saudi Telecom for $2.4 bln

Posted at 07:55h in News by KMFSLLP 0 Comments

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Vodafone Group has struck a preliminary deal to sell its 55% stake in its Egyptian unit to Saudi Arabia's largest telecoms operator STC for $2.4 billion, the companies said on Wednesday.

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28 Jan Lloyds Bank pension trustees agree 10 bln stg insurance deal

Posted at 07:38h in News by KMFSLLP 0 Comments

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Lloyds Banking Group Pensions Trustees limited said on Wednesday it had agreed a 10 billion pounds ($13.14 billion) pension insurance deal to protect against the cost of its members living longer than expected.

28 Jan UPDATE 1-UK house prices rise at fastest pace since Nov 2018 – Nationwide

Posted at 07:30h in News by KMFSLLP 0 Comments

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British house prices rose in January at their fastest annual rate since November 2018, adding to signs of a modest pick up in the housing market and broader economic confidence since December's election, industry figures showed on Wednesday.