News

The Bank of England fined Citigroup 43.9 million pounds ($56.3 million) on Tuesday, saying the U.S. banking group's British operations failed to provide it with accurate regulatory returns between 2014 and 2018.

China will seek to raise over $3 billion in its overseas issuance of sovereign dollar bonds on Tuesday, an official at China's finance ministry said.

* LSE shareholders overwhelmingly support acquisition (Recasts with result of vote)

LONDON, Nov 26 (Thomson Reuters Foundation) - In Kenya's poor rural and slum communities, residents have lots to sell - from home-grown tomatoes to their labour hoeing fields or teaching children - but few people have enough cash to buy the goods and services, reducing the incentive to produce...

Europeans spent at least 11.6 billion euros ($12.7 billion) in 2017 on illegal cannabis purchases, confirming marijuana as the largest drugs market in the 28-country European Union, the bloc's anti-drugs agency said on Tuesday.

Chinese power generation group SDIC Power Holdings plans to offer global depositary receipts in London, it said on Tuesday, adding it will look to use the proceeds to invest further in clean energy and for global expansion.

Bank Leumi, one of Israel's two largest banks, on Tuesday reported lower than expected third-quarter net profit, showing the impact of a drop in inflation.

Sri Lankan shares recovered on Tuesday from a more than one-week closing low in the previous session, as investors picked up beverage and manufacturing shares. ** The benchmark stock index ended up 0.18% at 6,094.85, edging higher from its lowest close since Nov. 15 hit on Monday. The bourse gained 1.6%...

* Firm raises doubt over ability to continue as going concern

Best Buy Co Inc beat market expectations for quarterly same-store sales and forecast strong earnings in the holiday quarter on Tuesday, as the consumer electronics retailer's after-sale services helped pull in more customers into stores. Shares of the company rose 5.5% in premarket trading as overall same-store sales rose 1.7% in...