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Updated: 2 hours 9 min ago

Russia's Rusal in talks to resume reinsurance with Western companies

2 hours 23 min ago
Russia's Rusal, the world's second-largest aluminum producer, is in talks to resume reinsuring its risks with Western companies after the United States lifted sanctions on the group, officials with Russian National Reinsurance Co (RNRC) said.
Categories: Financial Media

Germany bans Wirecard 'shorting' as prosecutors probe FT journalist

4 hours 14 min ago
Germany's financial watchdog has banned "short" selling of Wirecard shares due to volatility in the payments firm's stock following reports in the Financial Times which are now the subject of an investigation by German authorities.
Categories: Financial Media

Britain does not support total Huawei network ban: sources

5 hours 35 min ago
British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said.
Categories: Financial Media

Germany's Bafin bans Wirecard 'short' positions over volatility

5 hours 37 min ago
Germany's financial watchdog has banned "short" selling of Wirecard shares after reports in the Financial Times sparked recent volatility in the payments firm's stock.
Categories: Financial Media

Britain's FT says allegations over Wirecard reporting are false

5 hours 38 min ago
Britain's Financial Times rejected as "baseless and false" any allegations accusing the newspaper or its reporters of market manipulation or unethical reporting in relation to German payments company Wirecard.
Categories: Financial Media

World stocks lifted to 2-1/2 month highs by trade optimism

8 hours 14 min ago
Hopes of progress in Sino-U.S. trade talks and expectations of policy stimulus from central banks lifted world stocks to 2-1/2 month highs on Monday, though European gains were dampened by concerns over the car sector's outlook.
Categories: Financial Media

Citi in talks to buy Canary Wharf office building: source

8 hours 37 min ago
Citigroup is in talks to buy the tower housing its European headquarters in London's Canary Wharf district, which is on the market with a price tag of around 1.2 billion pounds ($1.55 billion), a source familiar with the matter said.
Categories: Financial Media

SoftBank invests in Mubadala's new $400 million European tech fund: source

10 hours 40 min ago
Japan's SoftBank Group has provided nearly half of the cash for Abu Dhabi's state investor Mubadala Investment Co's new $400 million fund investing in European start-ups, a source familiar with the matter said.
Categories: Financial Media

New Zealand will conduct own assessment of Huawei equipment risk: PM

10 hours 44 min ago
New Zealand will independently assess the risk of using China's Huawei Technologies in 5G networks, Prime Minister Jacinda Ardern said on Monday after a report suggested that British precautions could be used by other nations.
Categories: Financial Media

Asia shares bounce on trade talk, stimulus wagers

12 hours 55 min ago
Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.
Categories: Financial Media

SoftBank invests in Mubadala's new $400 million European tech fund: FT

13 hours 2 min ago
Japan's SoftBank Group has provided nearly half the cash for the new $400 million fund by Abu Dhabi's state-owned Mubadala Investment Co that aims to back European start-ups, the Financial Times reported on Monday.
Categories: Financial Media

New Zealand to target online giants with digital tax

13 hours 23 min ago
New Zealand said on Monday that it plans to update its laws so it can tax revenue earned by multinational digital firms such as Google, Facebook and Amazon, extending a global effort to bring global tech giants into the tax net.
Categories: Financial Media

U.S. agency submits auto tariff probe report to White House

14 hours 37 min ago
The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed.
Categories: Financial Media

Asia bulls dare to hope on trade talks, stimulus

15 hours 49 min ago
Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.
Categories: Financial Media

Asia shares up on optimism over trade talks, stimulus

17 hours 39 min ago
Asian share markets firmed on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.
Categories: Financial Media

Alabama jury awards $152 million in Ford Explorer rollover case

Sun, 02/17/2019 - 20:41
An Alabama jury awarded $151.8 million to a young man paralyzed in 2015 rollover accident involving a Ford Explorer sport utility vehicle, Ford and lawyers in the case said on Sunday.
Categories: Financial Media

Qatar aims to build $20 billion sports sector ahead of World Cup

Sun, 02/17/2019 - 13:59
Qatar wants to attract more sports companies to the Gulf state, aiming to develop a $20 billion sports sector ahead of the 2022 World Cup, a senior official said on Sunday.
Categories: Financial Media

Russia's Gazprombank freezes accounts of Venezuela's PDVSA: source

Sun, 02/17/2019 - 11:56
Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under U.S. sanctions, a Gazprombank source told Reuters on Sunday.
Categories: Financial Media

Airbus warns of no-deal Brexit, says has spent tens of millions preparing

Sun, 02/17/2019 - 10:49
Airbus said on Sunday it would have to make "difficult decisions" about future investment if Britain crashes out of the European Union without a deal, adding it had already spent tens of millions of euros in preparations.
Categories: Financial Media

Nissan panel to recommend outside director to chair board: Nikkei

Sun, 02/17/2019 - 03:14
A Nissan Motor governance committee will recommend the appointment of an external director as board chairman, a role distinct from company chairman, in a move to decentralize power at the top level, the Nikkei business daily reported on Sunday.
Categories: Financial Media

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