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1-10 results from 1000 for query «banking»

October 10, 2017 2:25 PM U.S. top court lets Conagra cooking oil class action proceed

WASHINGTON, Oct 10 (Reuters) - The U.S. Supreme Court on Tuesday refused to hear a bid by Conagra Brands Inc to escape a class-action lawsuit accusing it of falsely labeling its cooking oil as 100 percent natural even though it had genetically modified ingredients. Conagra had asked to the justices to hear its appeal of a lower court ruling allowing 5

October 9, 2017 7:10 AM Petra says likely to breach key bank loan condition

Oct 9 (Reuters) - Petra Diamonds Ltd said on Monday it was likely to breach a key condition of its banking agreements due to labour disruption at is South African operations and uncertainty around sales volumes in Tanzania. The company said it had told lenders it was likely to breach a core earnings ratio this financial year that is part of its banking 2

October 3, 2017 10:56 AM Sign your school up for Children in Need fundraiser

SCHOOLS across North Yorkshire are being urged to raise thousands of pounds for BBC Children in Need. Lloyds Bank is spearheading this year’s schools fundraising campaign, The Big Spotacular, to raise a record breaking total for disadvantaged children and young people. Last year’s campaign saw Scarborough’s Graham School help fundraise £55,913.91 in support 2

September 30, 2017 9:01 PM Bank set to fight union over use of name Lloyds as concerns are also raised over links with members’ insurance firm

Lloyds Banking Group is mulling a legal action against the Lloyds Trade Union over the use of its name. The lender is understood to feel it is inappropriate. It derecognised the LTU in 2015 and the union can play no part in formal negotiations over pay and conditions, but it can still represent individuals in a dispute. Separately, sources have raised 10

September 25, 2017 2:53 AM Labour pledges law to cut credit card debt

Legislation limiting the amount of interest that can be charged on credit card debts is being promised by the Labour Party. Under the changes, nobody would pay more in interest than they had originally borrowed. Shadow chancellor John McDonnell says more than three million people are "trapped" by credit card debt. He will unveil the planned change in the law in a speech 12

September 20, 2017 6:50 AM Russian central bank says owner of B&N Bank requested bail out

MOSCOW, Sept 20 (Reuters) - The Russian Central Bank said on Wednesday the owner of Russia's B&N Bank, one of the country's top-15 lenders, has asked the central bank to consider the financial rehabilitation of the lender. The central bank said B&N asked for the rehabilitation to be carried out via the central bank's Fund for Banking Sector Consolidation 4

September 4, 2017 11:04 PM Bank of Scotland receives most complaints

The Bank of Scotland remains the most complained about financial business in the UK, according to the complaints watchdog. In the first six months of 2017 the Financial Ombudsman said it dealt with 20,541 complaints about the firm - part of the Lloyds Banking Group. The vast majority of the complaints about the Bank of Scotland - 83%- concerned its sales 127

September 3, 2017 11:01 PM THE DAILY BRIEFING: McDonald’s UK workers go on strike for the first time over wages and conditions

Britain’s biggest care home provider could be plunged into crisis by a row with lenders over debts. Four Seasons Health Care has gone to the High Court to overturn securities it says were granted to bond holders mistakenly. The mix-up could derail efforts to rein in the company’s £540million debt pile because bosses want to offer the securities to lenders 10

August 31, 2017 7:19 AM Vontobel aims to quicken growth in new 2020 targets

ZURICH, Aug 31 (Reuters) - Vontobel on Thursday outlined higher asset-gathering and profitability goals as part of its new targets for 2020, adding it had enough capital to spend up to 500 million Swiss francs ($518.6 million) on acquisitions. Zurich-based Vontobel, majority-owned by the Vontobel families, has grown through a three-pillar strategy focusing 7

August 31, 2017 7:00 AM Funding boost for Salford materials technology firm

A Salford-headquartered global materials technology firm has secured a major refinance package from a banking syndicate to support its strategic growth plans. Luxfer Group specialises in the design and manufacture of a variety of innovative high-tech products. This includes a broad range of advanced materials and high-pressure gas cylinders that are used across 33