Monday, 15 January 2018

Reuters Before the Bell: HNA wins loan deadline extension to proceed with Hong Kong property project

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Monday, January 15, 2018
HNA wins loan deadline extension to proceed with Hong Kong property project
HONG KONG (Reuters) - Chinese conglomerate HNA Group's [HNAIR.UL] Hong Kong International Investment unit has negotiated a six-month deadline extension for a loan linked to a land parcel in Hong Kong as its parent contends with growing debt challenges.
Euro hits three-year high as Europe leads global optimism
LONDON (Reuters) - The euro shot to a three-year high on Monday as optimism around growth buoyed expectations of tighter monetary policy from European Central Bank, while the chance of a pro-European Union coalition in Germany also boosted confidence in the continent.
UK government seeks to limit damage after Carillion collapses
LONDON (Reuters) - Britain's Carillion collapsed on Monday after its banks lost faith in the construction and services company, forcing the government to step in to guarantee major public works contracts.
Factbox: Ripples from Carillion's collapse hit contractor's partners
LONDON (Reuters) - Britain's Carillion collapsed on Monday after its banks lost faith in the construction and services company, forcing the government to step in to guarantee major public works contracts.
Carillion collapse regrettable, but government cannot bail it out: PM May's spokesman
LONDON (Reuters) - The British government cannot be expected to bail out construction and services firm Carillion , Prime Minister Theresa May's spokesman said on Monday, after the firm's collapse.
SoftBank considers IPO for Japan wireless unit, said to seek $18 billion
TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business - a move that could reportedly raise $18 billion and would accelerate the conglomerate's transformation into one of the world's biggest tech investors.
Lloyd's of London to open Brussels unit in early 2019: CEO
HONG KONG (Reuters) - Insurance market Lloyd's of London [SOLYD.UL], an integral part of the British business scene since the 17th century, is on track to start operations at its Brussels unit next January, its chief executive said on Monday.
Legendary U.S. investor Boone Pickens closes energy hedge fund after setbacks
(Paragraph 6 of this JAN. 12 story has been corrected after HSBC said the Andurand Commodities Fund gained 2.2 pct in 2017, instead of losing 4.47 pct)
Noble Group nets less than expected from oil unit sale to Vitol
LONDON (Reuters) - Struggling commodities trader Noble Group has completed the sale of its U.S.-focused oil business to the world's largest oil trader Vitol, but net proceeds from the deal are lower than a previously announced estimate, the company said on Monday.
Airbus wins 2017 order race after last-minute sales spree
PARIS (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for the fifth year running, but doubts remain over the future of its flagship A380.
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