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News

13 Dec BoE curbs expenses after criticism by MPs

Posted at 15:06h in News by KMFSLLP 0 Comments

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Move follows anger over ‘staggeringly high’ spending on flights by committee members

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13 Dec Bank of England curbs expenses after criticism by MPs

Posted at 15:06h in News by KMFSLLP 0 Comments

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Move follows anger over ‘staggeringly high’ spending on flights by members of Financial Policy Committee

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13 Dec S.Korea imports no Iranian crude for November -customs

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

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South Korea did not import crude oil from Iran in November, compared with 1.3 million tonnes imported a year ago, preliminary data from Korea Customs Service showed on Saturday. The world’s fifth-largest crude buyer imported a total 12.7 million tonnes of crude last month against 12.6...

13 Dec LSE names Experian’s Donald Robert as next chairman

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London Stock Exchange Group Plc said on Friday Chairman Donald Brydon would be replaced by Donald Robert, chairman of the world's biggest credit data firm Experian Plc.

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13 Dec Carlyle Group names manager for U.S. crude export terminal project

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Lone Star Ports LLC will lead development and operation of a Carlyle Group-backed crude export terminal in Corpus Christi, Texas, that can fully load supertankers, according to a statement from the project leaders on Friday.

13 Dec Chinese data reveal economy is slowing despite stimulus

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Retail sales growth hits 15-year low while factory output slumps to weakest level in nearly 3 years

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13 Dec The EU rebuffs Theresa May on Brexit — six takeaways

Posted at 14:48h in News by KMFSLLP 0 Comments

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Bloc is set against renegotiation and wants clarity from the House of Commons on next steps

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13 Dec Canada’s Imperial Metals hires BMO to speed up restructuring -sources

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Canadian copper producer Imperial Metals has hired Bank of Montreal (BMO) to speed up a restructuring process that could include the sale of the company for up to $1 billion, two sources familiar with the matter said.

13 Dec Colombia court fines Odebrecht consortium $250 mln for graft

Posted at 14:42h in News by KMFSLLP 0 Comments

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A Colombian tribunal fined a consortium led by embattled Brazilian construction firm Odebrecht $250 million and banned it from state contracts for 10 years, saying the group used corruption to win infrastructure contracts.