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News

19 Sep UPDATE 1-ECB must discuss rate path beyond first hike: Praet

Posted at 18:23h in News by KMFSLLP 0 Comments

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From next year, the European Central Bank will need to communicate the expected path of interest rates beyond its initial hike to keep market prices consistent with a slow rise in inflation, ECB chief economist Peter Praet said on Thursday.

19 Sep UPDATE 4-Split South African central bank holds rates, exposing wider tensions

Posted at 18:12h in News by KMFSLLP 0 Comments

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* Bank cuts 2018 growth forecast to 0.7 pct (Recasts, adds ANC retracting comments on monetary policy)

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19 Sep Gloves off as EU pushes vulnerable May into corner

Posted at 18:05h in News by KMFSLLP 0 Comments

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Salzburg meeting ratchets up pressure as bloc decides time for ambiguity is over

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19 Sep Spain’s Caixabank says will sell its entire 9.4 pct stake in Repsol

Posted at 17:59h in News by KMFSLLP 0 Comments

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Spain's Caixabank on Thursday said it would sell its entire 9.4 percent stake in Spanish oil major Repsol and book a loss of 450 million euros in the third quarter.

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19 Sep Review aims to put failing rail services back on track

Posted at 17:57h in News by KMFSLLP 0 Comments

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Focus likely to be on lack of accountability and privatisation model

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19 Sep CORRECTED-Florence portends more massive hurricanes in age of global warming

Posted at 17:54h in News by KMFSLLP 0 Comments

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Global warming has increased the likelihood of more massive, sluggish storms like Florence, capable of dropping record amounts of rain and causing the type of catastrophic flooding that crippled North and South Carolina this week, experts said.

19 Sep New York sues companies offering student loan debt relief

Posted at 17:45h in News by KMFSLLP 0 Comments

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New York's attorney general on Thursday filed a lawsuit accusing several companies of misleading thousands of borrowers into buying student loan debt-relief services that they could have received for free.

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19 Sep RPT-UPDATE 2-Czech investor tightens grip on Metro with additional stake

Posted at 17:43h in News by KMFSLLP 0 Comments

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Czech investor Daniel Kretinsky is buying more shares in German retailer Metro from Ceconomy, the companies said on Thursday, likely stoking speculation of a full bid.

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19 Sep UPDATE 3-Four General Electric power turbines shut down in US due to blade issue

Posted at 17:40h in News by KMFSLLP 0 Comments

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General Electric Co said on Thursday that four of its new flagship power turbines in the United States have been shut down due to an "oxidation issue" and warned it expects the problem to affect more of the 51 units it has shipped, sending shares lower.

19 Sep UPDATE 1-Animal health firm Elanco surges 41 pct on debut

Posted at 17:32h in News by KMFSLLP 0 Comments

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* Do not see need for M&A to grow - CEO Jeff Simmons (Adds CEO quotes, updates share price)

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News

19 Sep UPDATE 1-ECB must discuss rate path beyond first hike: Praet

19 Sep UPDATE 4-Split South African central bank holds rates, exposing wider tensions

19 Sep Gloves off as EU pushes vulnerable May into corner

19 Sep Spain’s Caixabank says will sell its entire 9.4 pct stake in Repsol

19 Sep Review aims to put failing rail services back on track

19 Sep CORRECTED-Florence portends more massive hurricanes in age of global warming

19 Sep New York sues companies offering student loan debt relief

19 Sep RPT-UPDATE 2-Czech investor tightens grip on Metro with additional stake

19 Sep UPDATE 3-Four General Electric power turbines shut down in US due to blade issue

19 Sep UPDATE 1-Animal health firm Elanco surges 41 pct on debut

KM Financial Solutions LLP

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