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18 Nov UPDATE 3-Colfax churns its business with $3.15 bln purchase of medical device maker

Posted at 22:07h in News by KMFSLLP 0 Comments

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Colfax Corp made a big bet on the medical device industry with its $3.15 billion purchase of DJO Global Inc, but its shares fell 15.2 percent as investors worried about its shift away from its industrial roots to a completely new sector.

18 Nov UPDATE 1-British govt relents to lawmakers’ pressure with pledge to publish Brexit forecasts

Posted at 22:07h in News by KMFSLLP 0 Comments

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The British government on Monday pledged to publish economic forecasts that compare Prime Minister Theresa May's Brexit deal with remaining in the European Union, relenting to pressure from lawmakers who sought to force the government to do so.

18 Nov Australia shares likely to open down; NZ down

Posted at 21:24h in News by KMFSLLP 0 Comments

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Australian shares are expected to track Wall Street and open lower on Tuesday as apprehension about U.S-China trade relations continues to rattle the market. The local share price index futures fell 22 points to 5,669,...

18 Nov UPDATE 1-U.S. Federal Reserve governor Randal Quarles poised to become FSB chair

Posted at 21:20h in News by KMFSLLP 0 Comments

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Federal Reserve Governor Randal Quarles is set to be appointed the new head of the Financial Stability Board in a bid to keep a skeptical United States engaged in the international body, two people with knowledge of the discussions said on Monday.

18 Nov Britain to publish forecasts comparing PM May’s deal with staying in EU

Posted at 21:05h in News by KMFSLLP 0 Comments

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The British government on Monday pledged to publish economic forecasts that compare Prime Minister Theresa May's Brexit deal with remaining in the European Union, in a victory for lawmakers who sought to force the government to do so.

18 Nov UPDATE 7-Danske whistleblower says big European bank handled $150 bln in payments

Posted at 20:59h in News by KMFSLLP 0 Comments

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* Deutsche confirms acted as correspondent bank for Danske in Estonia until 2015 (Adds source on Deutsche Bank, statement from German lender)

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18 Nov Northern Irish DUP fail to back UK PM May in finance bill votes

Posted at 20:47h in News by KMFSLLP 0 Comments

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The small Northern Irish Democratic Unionist Party (DUP) which supports British Prime Minister Theresa May's government failed to back her in several votes on a finance bill on Monday after being vocally critical of her draft Brexit deal.

18 Nov Deutsche Bank was correspondent bank for Danske Bank in Estonia – spokesman

Posted at 20:37h in News by KMFSLLP 0 Comments

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Deutsche Bank processed payments for Danske Bank in Estonia but ended the relationship in 2015 after it found suspicious activity, a spokesman for the German lender said on Monday.

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18 Nov UPDATE 1-Spain seeks assurances over Gibraltar in draft Brexit deal

Posted at 20:32h in News by KMFSLLP 0 Comments

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Spain will not back the European Union's draft Brexit agreement unless it makes clear that Madrid must specifically agree on the status of Gibraltar, Spanish Foreign Minister Josep Borrell said on Monday.

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18 Nov UPDATE 3-GE shakes up power unit leadership, taps retired exec to help

Posted at 20:21h in News by KMFSLLP 0 Comments

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General Electric Co shook up its ailing power business again on Monday, naming a CEO for its new gas-power division and bringing a veteran GE executive back from retirement to help.

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News

18 Nov UPDATE 3-Colfax churns its business with $3.15 bln purchase of medical device maker

18 Nov UPDATE 1-British govt relents to lawmakers’ pressure with pledge to publish Brexit forecasts

18 Nov Australia shares likely to open down; NZ down

18 Nov UPDATE 1-U.S. Federal Reserve governor Randal Quarles poised to become FSB chair

18 Nov Britain to publish forecasts comparing PM May’s deal with staying in EU

18 Nov UPDATE 7-Danske whistleblower says big European bank handled $150 bln in payments

18 Nov Northern Irish DUP fail to back UK PM May in finance bill votes

18 Nov Deutsche Bank was correspondent bank for Danske Bank in Estonia – spokesman

18 Nov UPDATE 1-Spain seeks assurances over Gibraltar in draft Brexit deal

18 Nov UPDATE 3-GE shakes up power unit leadership, taps retired exec to help

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