UPDATE 2-Playtech to buy online FX trader Plus500 in $700 mln deal + MORE

[Buzz_Burner_Fresh_Updates] China's Fosun, Anbang lead race for Portugal's Novo Banco – FT – reuters.com June 1 (Reuters) – Portugal’s Novo Banco is set to fall into Chinese hands with either Anbang Insurance or Fosun International most likely to clinch the deal worth more than 4 billion euros ($4.4 billion), the Financial Times reported Continue Reading […]

UPDATE 1-U.S. regulator says 'flash crash' manipulation hard to detect

[Buzz_Burner_Fresh_Updates] UPDATE 1-U.S. regulator says 'flash crash' manipulation hard to detect – reuters.com CHICAGO, April 24 (Reuters) – The type of alleged market manipulation by the British trader accused of helping provoke the “flash crash” in 2010 is hard to detect, the chief of the Financial Industry Regulatory Authority said on Friday. Continue Reading On […]

Chinese money rates tumble to year-plus lows as central bank slashes RRR

[Buzz_Burner_Fresh_Updates] Chinese money rates tumble to year-plus lows as central bank slashes RRR – reuters.com By Lu Jianxin and Kazunori Takada SHANGHAI, April 24 (Reuters) – Chinese money rates fell sharply for the eighth week in a row after the People’s Bank of China (PBOC) cut banks’ required reserve ratios (RRR) in an effort to […]

Cargill third-quarter profit rises by a third

[Buzz_Burner_Fresh_Updates] Cargill third-quarter profit rises by a third – reuters.com (Reuters) – Global commodities trader Cargill Inc [CARG.UL] reported a 33 percent jump in third-quarter profit, helped by strong performance in its meat and animal nutrition business. Continue Reading On reuters.com ยป