BRUSSELS Dec 28 Belgian banking and insurance group KBC said on Friday that it had agreed to sell its 22 percent stake in Nova Ljubljanska Banka (NLB) to Slovenia for 2.8 million euros, one of the last remaining divestments required by EU regulators.
KBC, which received 7 billion euros ($9.26 billion) of aid in the 2008-2009 financial crisis, said the deal would have a negative 100 million euro impact on its fourth quarter results, with a negligible effect on KBC's capital.
KBC still has to find buyers for Antwerp Diamond Bank, KBC Bank Deutschland and Serbian unit KBC Banka. KBC Chief Executive Johan Thijs said in a statement that the latter was proceeding well, but the sale of the Belgian and German assets was proving more challenging. ($1 = 0.7563 euros) (Reporting By Philip Blenkinsop)
BA cancels flights from London's Heathrow, Gatwick after IT outage
LONDON, May 27 British Airways said it had cancelled all flights from London's Heathrow and Gatwick airports scheduled before 1700 GMT on Saturday due to a global computer outage.
British Airways suffers flight delays after global IT outage
LONDON, May 27 British Airways flights in Britain were being delayed and passengers were suffering long waits at airports on Saturday because of a global system outage, the airline said.