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News

25 Feb National Grid struggles to get data to gauge electricity demand

Posted at 14:12h in News by KMFSLLP 0 Comments

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Lack of information on energy generation by smaller plants impedes capacity assessments

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25 Feb UPDATE 1-Unnamed investor preparing to buy stake in Mauritius’ MauBank-CEO

Posted at 13:40h in News by KMFSLLP 0 Comments

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PORT LOUIS, Feb 26 (Reuters) - An unidentified investor is preparing to buy a stake in Mauritius' MauBank, which was formed by the merger of two banks bailed out by the government, its CEO said on Monday.

25 Feb Goldman-backed startup Circle buys Poloniex cryptocurrency exchange

Posted at 13:36h in News by KMFSLLP 0 Comments

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LONDON, Feb 26 (Reuters) - Goldman Sachs-backed payments company Circle has acquired U.S. cryptocurrency exchange Poloniex, Circle said on Monday, in an effort to cement its position as one of the leading companies in the world of blockchain technology.

25 Feb Top Kenyan lawmaker says open to modification of commercial rate caps

Posted at 13:35h in News by KMFSLLP 0 Comments

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NAIROBI, Feb 26 (Reuters) - The chair of the Kenyan parliament's influential budget committee said on Monday there was a case for altering a cap on commercial lending rates, blamed by the International Monetary Fund for sluggish credit growth to the private sector

25 Feb UPDATE 2-Buffett: Berkshire more inclined to repurchase stock than pay dividends

Posted at 13:34h in News by KMFSLLP 0 Comments

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NEW YORK, Feb 26 (Reuters) - Warren Buffett, chairman and CEO of Berkshire Hathaway Inc, said his conglomerate, which is sitting on $116 billion of cash, is "more inclined" to repurchase stock than pay dividends as a means to use excess cash.

25 Feb Why the Netherlands is rejecting referendums

Posted at 13:34h in News by KMFSLLP 0 Comments

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Dutch parliament votes to abolish advisory polls over fears they undermine democracy

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25 Feb Sri Lankan stocks slip to over 1-week closing low on foreign selling

Posted at 12:50h in News by KMFSLLP 0 Comments

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COLOMBO, Feb 26 (Reuters) - Sri Lankan shares slipped on Monday to a more than one-week closing low, as selling by foreign investors and some concerns about political stability weighed on sentiment, dealers said.