Deutsche Bahn plans thousands of job cuts in overhaul: sources

[Buzz_Burner_Fresh_Updates] Deutsche Bahn plans thousands of job cuts in overhaul: sources – reuters.com BERLIN (Reuters) – German rail operator Deutsche Bahn has plans to introduce radical savings measures, including cutting thousands of jobs, especially in its freight business, sources familiar with the plans told Reuters on Thursday. Continue Reading On reuters.com »  

MIDEAST STOCKS-Orascom bid for Beltone boosts Egypt; Saudi mixed

[Buzz_Burner_Fresh_Updates] MIDEAST STOCKS-Orascom bid for Beltone boosts Egypt; Saudi mixed – reuters.com DUBAI, Oct 8 (Reuters) – News that Orascom Telecom Media and Technology is seeking to buy Beltone Financial boosted Egypt’s stock market on Thursday, while Saudi Arabia’s market was narrowly mixed after oil prices pulled back. Continue Reading On reuters.com »  

Macquarie to buy ANZ's dealer finance book for $5.9 bln

[Buzz_Burner_Fresh_Updates] Macquarie to buy ANZ's dealer finance book for $5.9 bln – reuters.com SYDNEY, Oct 8 (Reuters) – Top Australian investment bank Macquarie Group on Thursday said it has agreed to buy ANZ Banking Group’s dealer finance portfolio for A$8.2 billion ($5.91 billion). Continue Reading On reuters.com »  

UPDATE 1-Australia's Macquarie Group on trading halt amid acquisition rumours + MORE

[Buzz_Burner_Fresh_Updates] Australia's Macquarie Group on trading halt amid acquisition rumours – reuters.com SYDNEY, Oct 8 (Reuters) – Macquarie Group’s shares were placed on a trading halt on Thursday amid market rumours Australia’s top investment bank will buy ANZ Banking Group’s vehicle finance unit in a deal worth A$1.5 billion ($1.08 billion). Continue Reading On reuters.com […]

UPDATE 1-Oman to open subscriptions for first sovereign sukuk

[Buzz_Burner_Fresh_Updates] UPDATE 1-Oman to open subscriptions for first sovereign sukuk – reuters.com MUSCAT, Oct 4 (Reuters) – Oman will open subscriptions on Thursday for its first sovereign issue of Islamic bonds, taking a major step to develop its Islamic finance industry and giving the government a fresh channel to raise money. Continue Reading On reuters.com […]

Oman to open subscriptions for first sovereign sukuk

[Buzz_Burner_Fresh_Updates] Oman to open subscriptions for first sovereign sukuk – reuters.com MUSCAT, Oct 4 (Reuters) – Oman’s Ministry of Finance said on Sunday it would open subscriptions for the sultanate’s first issue of sovereign sukuk on Thursday and close them on Oct. 22. Continue Reading On reuters.com »  

HKMA sells HK$3.9 bln to keep Hong Kong dollar in trading band on Oct 1

[Buzz_Burner_Fresh_Updates] HKMA sells HK$3.9 bln to keep Hong Kong dollar in trading band on Oct 1 – reuters.com HONG KONG, Oct 2 (Reuters) – The Hong Kong Monetary Authority (HKMA) said it had stepped into the currency market and sold HK$3.875 billion ($500 million) in Hong Kong dollars on Thursday afternoon as the local currency […]

Friday: Jobs, Jobs, Jobs + MORE

[Buzz_Burner_Fresh_Updates] MALAYSIA PRESS-Malaysia's 1MDB gets 6-month extension to submit audited accounts-The Edge Financial Daily – reuters.com Malaysia’s state fund 1Malaysia Development Bhd (1MDB) has been granted a six-month extension to file its financials by the Companies Commission of Malaysia, the Edge Financial Daily reported on Friday, citing 1MDB’s president. Continue Reading On reuters.com » Friday: […]