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News

09 Jul Norwegian insurer Protector warns of loss after Grenfell ruling, shares slide

Posted at 09:18h in News by KMFSLLP 0 Comments

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Shares in Protector Forsikring fell 12% on Wednesday after the Norwegian insurer warned about a second-quarter loss, partly because it had lost an arbitration case related to the 2017 Grenfell Tower fire in London.

09 Jul Euro zone sees economic outlook worsening amid uncertain U.S. trade policy

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

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The European Commission lowered its forecast on Wednesday for the euro zone economy next year, saying that uncertainty over U.S. trade policy posed a major risk to the bloc.

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09 Jul UPDATE 1-UK watchdog says all top accountants fail audit quality test

Posted at 09:06h in News by KMFSLLP 0 Comments

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All of Britain's leading accounting firms have failed to hit quality targets set by their regulator for auditing company books for the second year in a row, with Grant Thornton and PwC singled out to join KPMG under tougher supervision.

09 Jul Hong Kong shares rise as trade talks resume; focus on Powell testimony

Posted at 08:58h in News by KMFSLLP 0 Comments

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* Tone cautious as U.S., China restart trade talks over the phone

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09 Jul REFILE-HitecVision, Oman’s Petrogas to buy UK oilfields from Total

Posted at 08:53h in News by KMFSLLP 0 Comments

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Private equity fund HitecVision and Omani oil group Petrogas have teamed up to buy a portfolio of Total's British North Sea oilfields for $635 million, the companies said on Wednesday.