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News

12 Aug Canary Wharf veteran Iacobescu to step down as CEO

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

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The 73-year-old will become executive chairman as the property group faces the challenge of Brexit

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12 Aug UPDATE 1-Snap, in augmented reality push, launches new Spectacles version

Posted at 16:50h in News by KMFSLLP 0 Comments

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Snap Inc said Tuesday it will launch a new version of its Spectacles sunglasses that will have the capability of capturing photos and videos and uploading them directly to its unit Snapchat.

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12 Aug U.S. regulators to drop accounting test in ‘Volcker’ rewrite – sources

Posted at 16:46h in News by KMFSLLP 0 Comments

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U.S. regulators have circulated a new draft of the "Volcker Rule" that would further ease its requirements and scrap a proposed new test that had been met with fierce resistance from Wall Street, according to two people with knowledge of the matter.

12 Aug UPDATE 2-China tariff delays pull European shares out of doldrums

Posted at 16:37h in News by KMFSLLP 0 Comments

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* Henkel cuts outlook, shares slump (Recasts throughout, updates to close)

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12 Aug UPDATE 2-UK shares rebound as U.S. tariff reprieve eases trade worries

Posted at 16:25h in News by KMFSLLP 0 Comments

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* Plus500 surges after results (Adds news item, updates share prices)

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12 Aug UPDATE 3-Trafigura in ship fuel venture with Frontline, Golden Ocean

Posted at 16:23h in News by KMFSLLP 0 Comments

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* Operations planned to start in Q3 (Adds detail on Trafigura's bunker trading volume)

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12 Aug Brick & Mortar fund raises $97 mln to make construction tech-savvy

Posted at 16:00h in News by KMFSLLP 0 Comments

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Brick & Mortar Ventures, a venture capital fund founded by a scion of family-run Bechtel Corp, said on Tuesday it had raised $97.2 million from leading construction-related companies as builders turn to 3D printing and other software to cut costs and boost productivity.

12 Aug How realistic is a sectoral trade deal between US and UK?

Posted at 15:19h in News by KMFSLLP 0 Comments

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John Bolton aims to bolster prime minister and ease no-deal Brexit fears

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12 Aug Past-due student loans, credit card debt could weigh on U.S. growth

Posted at 15:00h in News by KMFSLLP 0 Comments

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More people in the United States appear to be struggling to keep up with their credit card and student loan debt, which could put pressure on one of the strongest drivers of economic growth.

12 Aug UPDATE 2-Steinhoff’s ‘only way to survive’: slim down, sell assets

Posted at 14:41h in News by KMFSLLP 0 Comments

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Scandal-hit Steinhoff's only hope for survival is to sell off assets to become a retail-focused holding company, it said on Tuesday, as it fights to recover from a $7 billion accounting fraud and share price crash.

News

12 Aug Canary Wharf veteran Iacobescu to step down as CEO

12 Aug UPDATE 1-Snap, in augmented reality push, launches new Spectacles version

12 Aug U.S. regulators to drop accounting test in ‘Volcker’ rewrite – sources

12 Aug UPDATE 2-China tariff delays pull European shares out of doldrums

12 Aug UPDATE 2-UK shares rebound as U.S. tariff reprieve eases trade worries

12 Aug UPDATE 3-Trafigura in ship fuel venture with Frontline, Golden Ocean

12 Aug Brick & Mortar fund raises $97 mln to make construction tech-savvy

12 Aug How realistic is a sectoral trade deal between US and UK?

12 Aug Past-due student loans, credit card debt could weigh on U.S. growth

12 Aug UPDATE 2-Steinhoff’s ‘only way to survive’: slim down, sell assets

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