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News

20 Sep UPDATE 1-Speculators raise net long U.S. dollar bets in latest week-CFTC, Reuters

Posted at 20:49h in News by KMFSLLP 0 Comments

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Speculators' net long bets on the U.S. dollar rose after declining for three straight weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position rose to $22.98 billion in the week ended Sept....

20 Sep UPDATE 2-Nigeria’s central bank withdraws Skye Bank’s operating licence

Posted at 20:42h in News by KMFSLLP 0 Comments

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Nigeria's central bank has revoked Skye Bank's operating licence and a bridge bank called Polaris has been created to take over the lender's assets, the financial regulator said on Friday.

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20 Sep Zimbabwe’s new finance minister says ‘fiscal shock’ needed for reform

Posted at 20:40h in News by KMFSLLP 0 Comments

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Newly appointed Zimbabwean Finance Minister Mthuli Ncube would like to employ a "big bang" economic reform program to the battered economy where unemployment is running above 80 percent, but recognizes politics will limit the speed for change.

20 Sep PayPal ends business dealings with Alex Jones’s Infowars

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

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Payments processor PayPal Holdings Inc said on Friday it decided to end its business relationship with popular U.S. conspiracy theorist Alex Jones's Infowars website after finding instances of hate speech and discriminatory content on the site.

20 Sep Dreyfus Brazil sugar unit sells mill to pay debt, boosts ethanol stock

Posted at 20:30h in News by KMFSLLP 0 Comments

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Biosev, the Brazilian sugar firm controlled by commodities trader Louis Dreyfus, sold a mill to pay down debt and is taking measures to boost ethanol stocks, the company's chief financial officer said on Friday.

20 Sep UPDATE 2-General Electric says blade problem affects more gas turbines

Posted at 20:04h in News by KMFSLLP 0 Comments

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General Electric Co said on Friday that turbine blade oxidation which forced Exelon Corp to idle four electric power units in Texas also affects another model, widening the impact of the latest problem to hit GE's ailing power unit.

20 Sep UPDATE 1-U.S. FTC, NY ban debt collectors that threatened consumers with arrests

Posted at 19:37h in News by KMFSLLP 0 Comments

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Three upstate New York debt collectors and their principals have accepted permanent industry bans and agreed to pay $27 million to resolve federal and state charges of abusive collection practices, including false threats to have consumers who failed to pay their debts arrested and jailed.

20 Sep Weakened premier fights for Chequers option

Posted at 19:24h in News by KMFSLLP 0 Comments

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Amid the splendour of No 10 Theresa May fends off calls for Canada-style deal

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20 Sep CORRECTED-Nigeria’s central bank withdraws Skye Bank’s operating licence -cbank spokesman

Posted at 19:16h in News by KMFSLLP 0 Comments

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Nigeria's central bank has withdrawn the operating licence from Skye Bank and a bridge bank called Polaris has been created to take over the lender's assets, a spokesman for the financial regulator said on Friday.

20 Sep Holdout bondholders join Puerto Rico sales tax debt restructuring

Posted at 19:16h in News by KMFSLLP 0 Comments

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Two major holders of Puerto Rico bonds that opposed a restructuring deal for the bankrupt U.S. commonwealth's Sales Tax Financing Corporation (COFINA) revenue bonds are now part of the agreement, the island's federally appointed oversight board announced on Friday.

News

20 Sep UPDATE 1-Speculators raise net long U.S. dollar bets in latest week-CFTC, Reuters

20 Sep UPDATE 2-Nigeria’s central bank withdraws Skye Bank’s operating licence

20 Sep Zimbabwe’s new finance minister says ‘fiscal shock’ needed for reform

20 Sep PayPal ends business dealings with Alex Jones’s Infowars

20 Sep Dreyfus Brazil sugar unit sells mill to pay debt, boosts ethanol stock

20 Sep UPDATE 2-General Electric says blade problem affects more gas turbines

20 Sep UPDATE 1-U.S. FTC, NY ban debt collectors that threatened consumers with arrests

20 Sep Weakened premier fights for Chequers option

20 Sep CORRECTED-Nigeria’s central bank withdraws Skye Bank’s operating licence -cbank spokesman

20 Sep Holdout bondholders join Puerto Rico sales tax debt restructuring

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