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News

18 Dec UPDATE 1-Indian mortgage lender HDFC unveils $2 bln fundraising plan

Posted at 13:14h in News by KMFSLLP 0 Comments

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* To buy up to 85 bln rupees in HDFC Bank pref issue (Adds details)

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18 Dec The City of London’s best hangover cures

Posted at 13:07h in News by KMFSLLP 0 Comments

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The Square Mile’s pubs and restaurants cater to the morning after the Christmas party

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18 Dec MIDEAST STOCKS-Qatar leaps, Saudi barely changed before state budget

Posted at 12:49h in News by KMFSLLP 0 Comments

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DUBAI, Dec 19 (Reuters) - Qatar's stock market jumped on Tuesday as local retail investors piled back into the bourse, while Saudi Arabia closed barely changed ahead of the release of its 2018 state budget.

18 Dec Jack in the Box to sell Qdoba Restaurant unit for $305 mln cash

Posted at 12:48h in News by KMFSLLP 0 Comments

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Dec 19 (Reuters) - Restaurant chain operator Jack in the Box Inc said it would sell its Qdoba Restaurant Corp unit to funds affiliated with Apollo Global Management LLC for about $305 million cash.

18 Dec Pension Protection Fund announces 10% levy reduction

Posted at 12:44h in News by KMFSLLP 0 Comments

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18 Dec UPDATE 1-Oi creditors to vote on restructuring despite shareholder complaints

Posted at 12:38h in News by KMFSLLP 0 Comments

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RIO DE JANEIRO, Dec 19 (Reuters) - Creditors of Oi SA began gathering in Rio de Janeiro on Tuesday to vote on a plan to take the Brazilian telecoms operator out of bankruptcy protection, despite a flurry of legal actions by a key shareholder trying to stop the vote.

18 Dec Russia’s VEB to transfer Globex to the state as it tackles Sochi Olympics legacy – sources

Posted at 12:20h in News by KMFSLLP 0 Comments

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MOSCOW, Dec 19 (Reuters) - Russian state development bank VEB, which is still grappling with the financial fallout from the 2014 Sochi Olympics, plans to transfer its Globex bank to the state after failing to find a buyer, three sources close to talks said.

18 Dec UPDATE 1-Jefferies Group profit rises 3 pct on investment banking boost

Posted at 12:02h in News by KMFSLLP 0 Comments

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Dec 19 (Reuters) - U.S. investment bank Jefferies Group LLC said on Tuesday its profit rose 3.1 percent in the fourth quarter, helped by its investment banking business.

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18 Dec UK retirees benefit while workers’ living standards fall – ONS

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18 Dec Vietnam orders prosecution of oil firm official in corruption crackdown

Posted at 10:39h in News by KMFSLLP 0 Comments

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HANOI, Dec 19 (Reuters) - Vietnamese police have ordered the prosecution of an official at scandal-hit state energy firm PetroVietnam over financial losses, the Ministry of Public Security said on Tuesday.

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News

18 Dec UPDATE 1-Indian mortgage lender HDFC unveils $2 bln fundraising plan

18 Dec The City of London’s best hangover cures

18 Dec MIDEAST STOCKS-Qatar leaps, Saudi barely changed before state budget

18 Dec Jack in the Box to sell Qdoba Restaurant unit for $305 mln cash

18 Dec Pension Protection Fund announces 10% levy reduction

18 Dec UPDATE 1-Oi creditors to vote on restructuring despite shareholder complaints

18 Dec Russia’s VEB to transfer Globex to the state as it tackles Sochi Olympics legacy – sources

18 Dec UPDATE 1-Jefferies Group profit rises 3 pct on investment banking boost

18 Dec UK retirees benefit while workers’ living standards fall – ONS

18 Dec Vietnam orders prosecution of oil firm official in corruption crackdown

KM Financial Solutions LLP

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