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News

12 Dec British city Sheffield lifts licence suspension on Uber

Posted at 09:52h in News by KMFSLLP 0 Comments

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LONDON, Dec 13 (Reuters) - The northern English city of Sheffield has lifted a suspension on Uber's operating licence after it provided satisfactory answers to questions about the taxi app's management, the city council said on Wednesday.

12 Dec Bank of China in financing agreement with UAE industrial zone

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DUBAI, Dec 13 (Reuters) - Bank of China, China's fourth largest bank by assets, has signed an agreement to provide financing to companies setting up in a major Abu Dhabi industrial zone as it looks to capitalise on China's Belt and Road initiative.

12 Dec Philippine c.bank reviewing 12 applications for bitcoin exchange

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

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MANILA, Dec 13 (Reuters) - The Philippine central bank is evaluating 12 applications for the registration of virtual currency (VC) exchanges after it issued permits to two firms earlier this year, but says it is not endorsing cryptocurrencies, including bitcoin.

12 Dec Financials lead FTSE as markets tread water ahead of Fed

Posted at 09:34h in News by KMFSLLP 0 Comments

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LONDON, Dec 13 (Reuters) - British shares traded sideways on Wednesday as investors' anticipation of a rate rise from the U.S. Fed drove financial stocks higher while high-yielding consumer stocks suffered.

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12 Dec UPDATE 1-Dutch subsidiary of Russia’s Alfa Bank raided in money laundering inquiry

Posted at 09:32h in News by KMFSLLP 0 Comments

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AMSTERDAM, Dec 12 (Reuters) - The Dutch subsidiary of Russia's Alfa Bank, owned by billionaire Mikhail Fridman, was searched last week as part of an investigation into possible money laundering, the Dutch financial crimes prosecutor said on Tuesday.

12 Dec Water regulator pledges lower bills in England and Wales

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Ofwat tells companies to pass on savings to households from lower cost of capital

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12 Dec UPDATE 1-Australia’s Commonwealth Bank admits to some AUSTRAC allegations

Posted at 09:29h in News by KMFSLLP 0 Comments

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* Says did not adhere to risk assessment requirements for IDMs (Adds background on AUSTRAC claims, CBA's share performance since)

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12 Dec UPDATE 1-European shares open on a cautious note ahead of Fed meeting

Posted at 09:15h in News by KMFSLLP 0 Comments

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* Telecom Italia dips, CEO meets gvt (Adds more stocks, context)

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12 Dec European Investment Fund extends tech loan programme with Bank Leumi

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TEL AVIV, Dec 13 (Reuters) - The European Investment Fund (EIF) and Israel’s Bank Leumi have agreed to renew an initiative to increase lending to innovative small and medium-sized enterprises, they said on Wednesday.