Hungary govt proposes cutting bank tax by more than half

BUDAPEST, Nov 25 Hungary's government has proposed cutting its banking tax by more than half and setting incentives for banks that increase their lending, after the European Commission raised concerns about some aspects of a tax reduction.

3:06am EST

Dubai property prices to fall another 3-5 pct in next 12 months -report

DUBAI, Nov 25 Residential property prices in Dubai have declined in five successive quarters and are likely to fall a further 3-5 percent over the next 12 months, industry consultants Cluttons wrote in a report on Wednesday.

3:00am EST

BRIEF-N+1 enters US market through its merger with CW Downer

* Said on Tuesday that it had reached an agreement to buy 100 percent stake in Downer & Company LLC (CW Downer), the United States-based financial advisory mid-market specialist

2:56am EST

UPDATE 1-Russia's Sberbank beats forecast with quarterly profit

MOSCOW, Nov 25 Russia's Sberbank reported net profit of 65.1 billion roubles ($997.40 million) in the third quarter, beating analysts' forecasts but down 8.2 percent year on year.

2:53am EST

BRIEF-BVT plans to buy WindykacjaPL

* The acquired company is a debt collection company, operates in Poland Source text for Eikon: Further company coverage: (Gdynia Newsroom)

2:50am EST
Berkshire Hathaway Inc $203,360.00 -0.21%
Wells Fargo & Co $55.28 -0.58%
JPMorgan Chase & Co $66.78 -0.15%


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