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News

30 Sep GE CEO John Flannery steps down

Posted at 11:14h in News by KMFSLLP 0 Comments

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General Electric Co Chief Executive Officer John Flannery has stepped down and the company will take an impairment charge of about $23 billion related to its power business.

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30 Sep UPDATE 2-Nordea sees room for ‘tactical’ M&A after HQ move -CEO

Posted at 11:04h in News by KMFSLLP 0 Comments

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* CEO sees room for M&A moves in the Nordics (Adds CEO comments, detail, background)

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30 Sep GRAPHIC-U.S. housing market faces ‘5-percent’ test

Posted at 11:00h in News by KMFSLLP 0 Comments

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The U.S. housing market, already struggling with tight inventory and rising building costs, faces a fresh headwind as 30-year mortgage rates rise close to the 5 percent threshold for the first time in years.

30 Sep Roberto Cavalli branches into hotel interior design with DAMAC deal

Posted at 10:44h in News by KMFSLLP 0 Comments

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Italian fashion house Roberto Cavalli has signed a partnership agreement with DAMAC Properties under which it will provide the interior design for at least five luxury hotels, starting with a first one to be built in Dubai by 2023.

30 Sep UK’s Brexit minister Raab tells EU: Do not try to bully us

Posted at 09:46h in News by KMFSLLP 0 Comments

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Britain's Brexit minister warned the European Union on Monday against trying to bully the United Kingdom into signing a divorce deal that would undermine the unity of the country.

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30 Sep UPDATE 2-Danske Bank picks interim CEO to soothe investor concerns over scandal

Posted at 09:44h in News by KMFSLLP 0 Comments

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* Danske's Aarup-Andersen seen as likely new CEO -reports (Adds quotes, details, general counsel exit)

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30 Sep Consumer credit growth at lowest rate in 3 years

Posted at 09:40h in News by KMFSLLP 0 Comments

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BoE data suggest a slightly slowing economy after the spring rebound

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30 Sep Norway regulator adjusts position limits on German power derivatives

Posted at 09:28h in News by KMFSLLP 0 Comments

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Norway's Financial Supervisory Authority (FSA) has decided to adjust market position limits on German power derivatives after a recent decision by Germany and Austria to split the two countries into separate bidding regions, the FSA said on Monday. (Reporting by Oslo newsroom)

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30 Sep UPDATE 2-Energy majors to pay Kazakhstan $1.1 bln to settle Karachaganak row

Posted at 09:27h in News by KMFSLLP 0 Comments

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Energy majors developing the Karachaganak gas condensate field will pay $1.1 billion to Kazakhstan to settle a profit-sharing dispute, Kazakhstan's Energy Ministry said on Monday.

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30 Sep Danske Bank’s chief legal advisor resigns

Posted at 09:26h in News by KMFSLLP 0 Comments

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Danske Bank's Group General Counsel Flemming Pristed has decided to resign, a spokesman for the bank told Reuters on Monday, confirming a report in Danish online media Finanswatch.

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News

30 Sep GE CEO John Flannery steps down

30 Sep UPDATE 2-Nordea sees room for ‘tactical’ M&A after HQ move -CEO

30 Sep GRAPHIC-U.S. housing market faces ‘5-percent’ test

30 Sep Roberto Cavalli branches into hotel interior design with DAMAC deal

30 Sep UK’s Brexit minister Raab tells EU: Do not try to bully us

30 Sep UPDATE 2-Danske Bank picks interim CEO to soothe investor concerns over scandal

30 Sep Consumer credit growth at lowest rate in 3 years

30 Sep Norway regulator adjusts position limits on German power derivatives

30 Sep UPDATE 2-Energy majors to pay Kazakhstan $1.1 bln to settle Karachaganak row

30 Sep Danske Bank’s chief legal advisor resigns

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