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News

09 Oct Quite a picture: Bank of England launches Turner-inspired banknote

Posted at 09:20h in News by KMFSLLP 0 Comments

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The Bank of England launched a new 20 pound ($24.46) banknote on Thursday featuring British painter J.M.W. Turner.

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09 Oct UPDATE 1-Turkish lira weakens after Turkey launches Syria ground assault

Posted at 09:17h in News by KMFSLLP 0 Comments

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The Turkish lira weakened against the dollar on Thursday as investors fretted about negative international reaction to a ground operation launched by Turkish troops against a Kurdish militia in northeast Syria overnight.

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09 Oct Japan’s Unizo says rejected bids from local fund, Blackstone

Posted at 09:15h in News by KMFSLLP 0 Comments

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Japanese hotel chain Unizo Holdings on Thursday said it had rejected buyout proposals from a "locally renowned" fund as well as U.S. private equity firm Blackstone Group, adding to a list of spurned suitors.

09 Oct UPDATE 1-European shares slip ahead of trade talks; healthcare stocks drag

Posted at 09:14h in News by KMFSLLP 0 Comments

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* U.S.-China set to resume top-level trade talks in Washington (Adds comment, details; updates prices)

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09 Oct Dubai’s MAF explores partial credit card business sale in review -sources

Posted at 09:03h in News by KMFSLLP 0 Comments

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Dubai's Majid Al Futtaim, which operates the Middle East franchise of French retailer Carrefour, is exploring options for its credit card business including enlisting partners to manage unsecured credit risk, two banking sources told Reuters.

09 Oct UK economy set to avert recession despite August stumble

Posted at 08:50h in News by KMFSLLP 0 Comments

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Return to growth in services sector helps rise in GDP

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09 Oct Danske Bank initiates hiring freeze amid higher compliance costs

Posted at 08:49h in News by KMFSLLP 0 Comments

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Danske Bank has initiated a hiring freeze in non-critical positions to cope with rising compliance costs and a tough business environment, the bank said on Thursday.