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News

14 Jan UPDATE 3-Low rates bruise Bank of America profits into 2020

Posted at 15:27h in News by KMFSLLP 0 Comments

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Bank of America Corp got stung by lower interest rates in the fourth quarter, sending its profit down 4%, a trend that management expects to continue this year.

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14 Jan Citigroup female employees earn 27% less than men

Posted at 15:05h in News by KMFSLLP 0 Comments

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Citigroup's female employees earn 27% less than male employees on a global median basis, the Wall Street bank said on Wednesday.

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14 Jan UPDATE 1-Polish watchdog fines Volkswagen over ‘dieselgate’ scandal

Posted at 14:49h in News by KMFSLLP 0 Comments

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Poland's consumer watchdog UOKiK said on Wednesday it was fining Volkswagen more than 120 million zlotys ($31.6 million) for misleading customers about the emissions of its vehicles.

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14 Jan No progress on reform of euro zone bailout fund until March- EU official

Posted at 14:46h in News by KMFSLLP 0 Comments

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Reform of the euro zone bailout fund will remain frozen until at least March, a senior official said on Wednesday, as governments are still divided over technical details on bond restructuring.

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14 Jan EU ramps up its Brexit demands

Posted at 14:39h in News by KMFSLLP 0 Comments

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Speed of decisions in trade talks will be tied to UK’s willingness to accede to Brussels’s needs

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14 Jan CORRECTED-Polish watchdog fines Volkswagen over ‘dieselgate’ scandal

Posted at 14:38h in News by KMFSLLP 0 Comments

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Poland's consumer watchdog UOKiK said on Wednesday it was fining Volkswagen more than 120 million zlotys ($31.6 million) for misleading customers about the emissions of its vehicles.

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14 Jan UPDATE 3-BA owner complains to EU about UK state help for Flybe

Posted at 14:31h in News by KMFSLLP 0 Comments

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* Rival airlines say Flybe's owners could foot the bill (Adds TV to media identifier)

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14 Jan Crowded Monaco reclaims land to build more luxury flats with sea view

Posted at 14:25h in News by KMFSLLP 0 Comments

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Tiny Monaco is set to grow by six hectares under plans to reclaim land from the Mediterranean and build more luxury apartments and posh boutiques with fine sea views.

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14 Jan UPDATE 2-Goldman profits slump on 1MDB legal woes

Posted at 14:23h in News by KMFSLLP 0 Comments

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Goldman Sachs Group Inc reported a bigger-than-expected fall in quarterly profit on Wednesday as the Wall Street bank set aside more money to cover legal costs for the 1MDB corruption scandal, overshadowing a rebound in its trading business.