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News

10 Oct Hammond to refuse ‘no deal’ Brexit funding until last moment

Posted at 14:09h in News by KMFSLLP 0 Comments

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Treasury is preparing for scenario but will not approve early contingency spending

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10 Oct Uber, Ola’s Indian legal woes put SoftBank’s funding in firing line

Posted at 10:55h in News by KMFSLLP 0 Comments

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NEW DELHI/SAN FRANCISCO, Oct 11 (Reuters) - An Indian taxi company has stepped up its legal challenge against local competitor Ola and U.S. rival Uber, alleging the firms are abusing their market position, and believes that planned investments in both by Japan's SoftBank underscore its view.

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10 Oct UPDATE 1-Nordea joins rival DNB’s Vipps payment app in Norway

Posted at 10:50h in News by KMFSLLP 0 Comments

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* Nordea Norway switches to DNB's Vipps from Danske Mobilepay

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10 Oct UPDATE 1-Asset manager BlackRock’s profit beats Wall Street view as fees rise

Posted at 10:48h in News by KMFSLLP 0 Comments

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Oct 11 (Reuters) - BlackRock Inc, the world's biggest asset manager, reported a 8.2 percent rise in quarterly profit that beat Wall Street estimates on Wednesday, helped by higher fees as investors moved more money into low-cost exchange traded funds.

10 Oct UPDATE 1-US, Russia in extradition tug-of-war over bitcoin fraud suspect in Greece

Posted at 10:43h in News by KMFSLLP 0 Comments

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* Vinnik denies charges, consents to Russia extradition (Updates with court ruling, lawyer)

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10 Oct UPDATE 1-EU revises plan on banking safety net to win over Germany

Posted at 10:32h in News by KMFSLLP 0 Comments

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BRUSSELS, Oct 11 (Reuters) - The European Commission proposed on Wednesday new measures to strengthen the EU banking sector against future crisis after two years of fruitless talks among the 28 EU states on more ambitious plans.

10 Oct Asset manager BlackRock’s third-quarter profit rises

Posted at 10:30h in News by KMFSLLP 0 Comments

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Oct 11 (Reuters) - BlackRock Inc, the world's biggest asset manager, on Wednesday reported a 8.2 percent rise in quarterly profit, helped by investment advisory, administration fees and securities lending revenue.

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10 Oct Spain moves towards activating “nuclear option” on Catalonia crisis

Posted at 10:22h in News by KMFSLLP 0 Comments

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MADRID, Oct 11 (Reuters) - Spanish Prime Minister Mariano Rajoy on Wednesday took the first step towards activating article 155 of the Spanish constitution, a so-called nuclear option that would allow him to suspend Catalonia's political autonomy and take over the region.