financializer news A weblog highlighting financial topics making news in the international media.

analysis extras: ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true, according to The Independent. You can form your own view. From today, people who have previously broken Facebook's most serious policies will be prevented from using Facebook Live, a move that Facebook claims would have prevented the terrorist from broadcasting the attack on Facebook. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. Today we are tightening the rules that apply specifically to Live. Subscribe now Following the horrific terrorist attacks in New Zealand, we've been reviewing what more we can do to limit our services from being used to cause harm or spread hate, wrote Guy Rosen, Facebook's vice president of integrity, in a blog post announcing the new changes. (news.financializer.com). As reported in the news.

contribution scheme: After three years of service, workers' pension pots will receive an additional 4% of pay from the company, regardless of whether they pay into the scheme or not, according to The Independent. The latest cut to benefits at the staff-owned retail group, which is seen as offering the gold standard in employment terms, comes after John Lewis slashed its annual staff bonus to the lowest level in 66 years after profits dived. After the pension move from April next year, all 83,900 workers at the John Lewis Partnership, which also owns the Waitrose supermarket chain, will have access to a defined contribution scheme under which the company will match staff payments of up to 8% of pay. Until now John Lewis has been one of only a handful of UK businesses still offering a link to final salary in its pension scheme. It has been forced to close stores and lay off staff amid rising costs and a slowdown in consumer spending partly prompted by uncertainty linked to Brexit. The change comes after the group switched to the hybrid model four years ago in a previous effort to reduce costs. (news.financializer.com). As reported in the news.

defense ministers: Japan has been one of America's staunchest and most loyal allies, according to The Japan Times. Tokyo supports most of Washington's diplomatic efforts, provides generous host nation support for U.S. forces in Japan and consistently seeks ways to enhance the Japan-U.S. alliance, if at a cautious pace. This would be a miscalculation on the part of Tokyo. This trend manifested itself most recently at the two-plus-two talks between U.S. and Japanese foreign and defense ministers, who agreed to extend the bilateral alliance cooperation in the field of cyberspace. ; However, at the risk of stating the obvious, Japan's national interests do not coincide completely with those of the United States. That said, Japan has over the years quietly pursued foreign and security policy differentiation from the U.S. on the margins. Over the years, to maintain strong ties with its only ally, Tokyo has acted with considerable restraint to avoid any breaches with Washington. (news.financializer.com). As reported in the news.

fixed-asset investment: However, investment in high-tech manufacturing and high-tech services sectors grew markedly faster at 11.4 percent and 15.5 percent year-on-year, respectively, the NBS said, according to Global Times China. Investment in real estate also picked up pace to 11.9 percent year-on-year in the first four months, 2.4 percentage points higher than last year's annual rate, it said. In April, China's retail sales of consumer goods grew 7.2 percent year-on-year to 3.06 trillion yuan 445.29 billion 1.5 percentage points slower than the growth rate in March, according to the National Bureau of Statistics NBS . Total fixed-asset investment grew 6.1 percent year-on-year to over 15.57 trillion yuan in the first four months of 2019, slower than the 6.3 percent growth rate in the January-March period, data from the NBS showed. In another relieving sign, China added 4.59 million urban jobs in the first four months of the year, bringing the surveyed urban unemployment rate to 5 percent in April, down from 5.2 percent in March. However, Liu said that the external environment is still challenging and complex, with instability and uncertainty rising and structural problems still significant domestically. Generally speaking, the national economy sustained the momentum of progress in overall stability with growing positive factors in April, Liu Aihua, a spokesperson for the NBS, told a press briefing on Wednesday. (news.financializer.com). As reported in the news.

indexes fare: How did the major indexes fare The Dow Jones Industrial Average DJIA, 0.84% rose 115.97 points, or 0.5%, to 25,648.02 and the S&P 500 index SPX, 0.89% gained 16.55 points, or 0.6%, to 2,850.96, according to Market Watch. The tech-heavy Nasdaq Composite Index COMP, 0.97% outperformed its peers, advancing 87.65 points, or 1.1%, to 7,822.15. The market s gains were broad with shares of internet-related and information technology companies underpinning the rebound. Communication services and information technology were the big winners while financials, materials and utilities ended lower. The news helped stocks to recover from early-morning losses and gain a foothold in positive territory. What drove the market The Trump administration plans to delay a decision on instituting new tariffs on car and auto part imports for up to six months, according to media reports. (news.financializer.com). As reported in the news.

investment fund: Midwood encouraged the Board to recognize the difficulties CBA faces to sustainably create shareholder value as an independent company and to ultimately pursue a sale of the Company either to its strategic partner and largest shareholder Anheuser-Busch InBev, or to a third party, according to The Independent. Boston-based Midwood Capital Management is a private investment fund founded by David Cohen. CBA or the Company BREW announced today that it has delivered a letter to the Independent Directors of the Company's Board highlighting the substantial gap between the Company's public market trading price and its intrinsic value. Midwood manages investment funds which focuses on undervalued, niche-leading companies in the small-cap equity market in the U.S. The full text of the letter is below. Our interest in the company is simple and consistent with that of all outside owners of the company to see shareholder value maximized. The Independent Members of the Board of Directorsc/o Audit Committee Chair Craft Brew Alliance, Inc.929 N. Russell Street Portland, OR 97227Attn contains shareholder communications To the Independent Directors of Craft Brew Alliance,I am writing to introduce my firm, Midwood Capital Management LLC, as a significant and increasingly concerned shareholder of Craft Brew Alliance CBA . Funds managed by Midwood currently own approximately 2.0% of the company's outstanding primary shares.1 This position makes us the company's seventh largest shareholder exclusive of Anheuser-Busch InBev .2 We have owned shares in CBA since mid-January 2017, and it has been a top five position for our firm for the past two-plus years. (news.financializer.com). As reported in the news.

investors strategists: Before last week we were pro-risk overweight stocks, emerging markets and small caps within our stock portfolios, Ed Campbell, portfolio manager at QMA told Market Watch, according to Market Watch. Now, we've been in the process of scaling back on those bets and going to neutral or cutting those positions in half. Investors and strategists tell Market Watch that heightened uncertainty over U.S.-China trade relations will continue to be a significant headwind for equity benchmarks, but that the extent of the damage could be limited by both the Trump administration and the Federal Reserve's sensitivity to a market sell-off. The strategy shift for wealth managers and investors follows a May 5 tweet from President Trump, who first raised the prospect allowing annual tariffs on more than 200 billion of China goods to be lifted to 25% from 10%, charging that Chinese officials reneged on commitments they had made during negotiations. Indeed, the S&P 500 SPX, 0.89% lost more than 4.5% of its value since that period. The tweet sparked a cavalcade of selling of assets perceived as risky, like stocks and crude-oil futures, sending markets mostly reeling over the following six-session span. (news.financializer.com). As reported in the news.

cessnock: Tim McDonald, 32, had taken Willow, four, to Big W in Cessnock, NSW, to spend her birthday money yesterday lunchtime, according to Nine News Australia. But he was shocked when she picked up a toy in one hand - and a syringe in the other. To improve your experience update it here News National Child finds needle under toy in discount store By Sarah Swain2 21pm May 15, 2019 Facebook Tweet MailA father has described how his daughter picked up a syringe she found on a shelf in the children' section of a discount department store. We went straight to the kids' toys and the first toy she picked up was like a sequinned fish and as she turned around to show me, I noticed she had the needle in her hand with the sequinned toy, he told nine.au. Whoever's put it there, it's obviously been placed in the children's section, under a kids' toy. I've grabbed both off her and put both back on the cabinet. (news.financializer.com). As reported in the news.

creation click: The AP news staff was not involved in its creation, according to MSNBC. Click to topics Technology Business Wire Business Business Wire Technology Paducah Paid content from Business Wire Press release content from Business Wire. The AP news staff was not involved in its Announces ICBA's Rebeca Romero Rainey as a Keynote Speaker for Its Annual Customer Press CSI Announces ICBA's Rebeca Romero Rainey as a Keynote Speaker for Its Annual Customer Conference.c014 height 0; display flex; padding 0; position relative; overflow hidden; box-sizing content-box; justify-content center; .c015 position absolute; .c0110 margin 1.125rem 0 -1.5rem 0; display inline-flex; padding 0; flex-flow wrap; .c0111 margin-bottom 1.5rem; .c0111 not last-child margin-right 1.5rem; .c0112 width 1.5625rem; height 1.5625rem; display block; .c016 margin 1.5rem 0 -0.5rem 0; display flex; flex-flow wrap; .c017 display block; margin-bottom 0.5rem; .c017 not last-child margin-right 0.5rem; .c018 width 8.125rem; height 2.75rem; .c019 width 9.375rem; height 2.75rem; .c011 top 1rem; right width auto; border 0; cursor pointer; display inline-block; outline none; padding 0 1rem; position absolute; font-size 1rem; background 104ba5; text-align left; font-family 'GoodOT', Arial, sans-serif; font-weight 300; line-height 2rem; .c011, .c011 link, .c011 visited, .c011 hover, .c011 active color white; text-decoration none; media only screen and max-width 48rem .c011 top 0; .c012 display none; --colour white; margin-left 6px; .c012 .sk-fading-circle width 1rem; height 1rem; .c012.searching display inline-block; .c013 width 0.78125rem; height 0.78125rem; display inline; margin-left 0.625rem; .c013.searching display none; AP NEWSTop RADIOUpdate hourly Search Click to release content from Business Wire. The AP news staff was not involved in its creation.CSI Announces ICBA's Rebeca Romero Rainey as a Keynote Speaker for Its Annual Customer Conference May 15, 2019PADUCAH, Ky.-- BUSINESS WIRE --May 15, 2019--Computer Services, Inc. Prior to joining ICBA, Romero Rainey was chairman and CEO of Centinel Bank of Taos, New Mexico. CSI CSVI a provider of end-to-end financial technology solutions, announced that community banking leader Rebeca Romero Rainey will deliver a keynote presentation at CSI Customer Experience, its annual customer conference, this fall.A third-generation community banker from Taos, New Mexico, Romero Rainey serves as president and CEO of the Independent Community Bankers of America . In her role, she leads the organization's mission of creating and promoting an environment where community banks flourish. (news.financializer.com). As reported in the news.

desalinated seawater: As we have reported on RE, Sundrop was behind the world-leading, concentrated solar power CSP tower plant that supplies electricity, heat and desalinated seawater to grow tomatoes in the desert of Port Augusta, South Australia. adsbygoogle window.adsbygoogle .push ;The venture was back in its early days by the federal government's Clean Energy Finance Corporation, and then in 2014 in the midst of a renewable energy investment drought in Australia secured a 100 million equity investment from Kohlberg Kravis Roberts KKR . The Port Augusta concentrated solar power tower system, developed by Danish renewables outfit Aalborg, combined a a 51,500m solar field consisting of more than 23,000 mirror heliostats and a 127 metre solar tower, according to Australian Broadcasting Corporation. The 2016 completion of the 200 million project marked the world's first commercial-scale facility of its kind using sunlight and seawater to grow 17,000 tonnes of truss tomatoes a year, to be sold through Coles supermarkets via a 10-year offtake agreement. Reports on Wednesday said Sundrop had been acquired by Morrison & Co for an undisclosed amount, after a year-long negotiation process. At its peak the facility produces 39MW of thermal energy for use as electricity, heating and producing desalinated water. The Morrison & Co Growth Infrastructure Fund which received a cornerstone investment of 150 million from the CEFC was established to buy and manage a range of assets where there is potential for significant improvements in their energy efficiency profile. The sale of the business which includes pilot plants in Tennessee and Portugal to Morrison & Co is believed to mark that company's first acquisition for its specialist 1 billion green' infrastructure fund. (news.financializer.com). As reported in the news.

facebook share: By HEATHER CAYGLE, BURGESS EVERETT and NAHAL TOOSI05/15/2019 12 00 PM EDTUpdated 05/15/2019 09 55 PM EDTWed May 15 21 55 04 EDT 2019Share on Facebook Share on Twitter Lawmakers on both sides of the aisle warned President Donald Trump on Wednesday to avoid plunging the United States into another Iraq-like war in the Middle East, demanding more information about vague warnings that Iran might be planning attacks on U.S. personnel and facilities in the region, according to MSNBC. Congressional leaders will get more information about the situation on Thursday during a confidential briefing with Trump officials, according to two Democratic sources. Mitt Romney, a GOP critic of the president. On Capitol Hill and on the campaign trail, politicians fretted that the situation felt eerily similar to the run-up to the 2003 U.S. invasion of Iraq. Mitt Romney, a GOP critic of the president. Story Continued Below It's close to inconceivable that the president, the administration would consider a war with Iran, said Utah Sen. (news.financializer.com). As reported in the news.

facebook: Transit Clothing, Facebook Facebook Tweet Mail Transit Clothing has gone into voluntary administration, with four stores shutting down in WA. Mandurah, Dunsborough and Perth DFO branches will close immediately, followed by the Clarkson outlet on Saturday, according to Nine News Australia. All staff members affected by the closures will be made redundant from the retailer, known for selling casual clothing, shoes and accessories. To improve your experience update it here News NationalWA's Transit Clothing shuts four stores after entering administration By Dylan Websdane4 33pm May 15, 2019The Perth DFO stores is one of four shutting down. The remaining stores at Belmont Forum, Cockburn Gateway, Westfield Carousel, Lakeside Joondalup and Watertown are set to hold a discount sale offering up to 70 per cent off from Thursday. Transit Clothing has been a successful retailer over a long period, with a meaningful store footprint, a wide range desired by their target market, and a successful online presence but has unfortunately found itself between the rock and a hard place of falling sales and fixed store lease costs, Mr Woodhouse said. FTI Consulting Managing Director Daniel Woodhouse said the retailer has faced soft consumer demand, falling sales revenue and relatively high store leasing costs. (news.financializer.com). As reported in the news.

gdp: In April, total nonfarm payroll employment rose by 263,000 jobs, far surpassing Wall Street expectations, according to Global Times China. Illustration Luo Xuan/GT In the face of these seemingly robust economic data, expectations among market participants and US officials for the economy are high, and many believe it can maintain long-term prosperity. US GDP grew at an annual rate of 3.2 percent in the first quarter. However, considering US economic cycles, the recovery plus growth that has sustained for nearly 10 years is bound to be approaching a turning point. The exaggeration of economic growth is mainly reflected in the GDP, employment and stock market. Further analysis of the booming US macroeconomy reveals major risks. (news.financializer.com). As reported in the news.

photo ic: Greece has consistently supported the China-proposed new silk road initiative, according to Global Times China. During this week's visit to China, Greek President Prokopis Pavlopoulos said that Greece highly appreciates the joint development of the BRI, according to a report of the Xinhua News Agency on Tuesday. File photo IC Economic cooperation between China and Greece under the Belt and Road Initiative BRI has yielded growing benefits for the Mediterranean country, which brings in rising investments and props up Greek tourism sector, one expert told the Global Times on Wednesday. He also said that he appreciates the outlook on world civilizations proposed by Chinese President Xi Jinping, as well as the concept of building a community with a shared future for humanity, the report said. Being one of the first European Union countries to sign a memorandum of understanding to cooperate within the framework of the BRI, Greece has seen smooth cooperation with China on several key projects under the BRI. For example, the State-owned China Ocean Shipping Group in 2016 took a 51 percent stake in the Greece's largest port, Piraeus Port. Closer cooperation China and Greece have been moving closer in economic cooperation in recent years. (news.financializer.com). As reported in the news.

stocks: Historically low rates have lasted longer than most people predicted when the Federal Reserve began a series of drastic moves to defend the economy during the financial crisis in 2008, according to Market Watch. The world remains awash with cash, which means investments with attractive interest or dividend yields keep getting harder to find. A better approach might be to seek out so-called quality companies with lower, but rising, dividend payouts. Mike Loewengart, E-Trade's vice president for investment strategy, said he was alarmed by an increasing trend among investors, even younger ones in the accumulation phase, to opt for stocks with high dividend yields. These stocks or funds or portfolios of high-yielding stocks will have lower betas than the broad market, he said. People like the comfort of the dividend, he said. (news.financializer.com). As reported in the news.

topix index: On Tuesday, it dropped 124.05 points. ; The Topix index of all first-section issues rose 9.17 points, or 0.60 percent, to end at 1,544.15, after a 6.16-point slump the previous day, according to The Japan Times. The Tokyo market got off to a strong start in the wake of a Wall Street upturn brought about by U.S. President Donald Trump's remarks that eased worries about the U.S.-China trade dispute. The 225-issue stock average finished up 121.33 points, or 0.58 percent, at 21,188.56. In a Twitter post Tuesday, Trump said that the United States will strike a deal with China when the time is right. Stocks sank into negative territory and remained under selling pressure almost throughout the morning session. Trump also told reporters at the White House that the trade dispute was a little squabble. (news.financializer.com). As reported in the news.

yokohama-based automaker: The figure is projected to decrease further to 230 billion for the current year, which will be the lowest in 11 years, according to The Japan Times. For the company to maintain its business, Nissan needs to tackle mounting challenges. But the earnings report and forecast disclosed Tuesday by the Yokohama-based automaker underscored a bigger problem stabilizing its auto business. ; Nissan's operating profit for the fiscal year ended in March plunged by 44.6 percent to 318 billion 2.9 billion from the previous year. Major issues include improving its performance in the U.S. market and streamlining its excessive production capability and operating costs through its alliance with Renault SA and Mitsubishi Motors Corp., analysts interviewed by The Japan Times said. This is basically a backlash to a growth plan from the past that was difficult to achieve, said Takaki Nakanishi, analyst and CEO of Nakanishi Research Institute. Due to the Ghosn scandal, Nissan's sluggish earnings may have caught more attention, but analysts said this was well-expected. (news.financializer.com). As reported in the news.

immigration: The characterization that Kushner didn't know the subject matter is wrong on many accounts, the official said, according to CNN. The meeting was the product of weeks of meetings with lawmakers and stakeholders in the immigration debate, and President Donald Trump is expected to unveil the details of the White House immigration plan as early as Thursday, a source familiar with the plan said. I think folks in the room were underwhelmed with the whole plan presented by Kushner and Miller, the official told CNN. A senior administration official pushed back on the criticism of the White House's presentation at the Tuesday GOP Senate briefing in which Kushner and Miller presented ideas under consideration by the White House to reform the nation's legal immigration system. Read More Kushner's immigration plan has skeptics lining up on both sides The senior administration official said Kushner, along with Miller and White House economic adviser Kevin Hassett delivered separate portions of the briefing to represent different viewpoints on the subject. We did it that way so the right wing agreed with the Miller piece, the official said. Kushner approached the immigration issue from the left, Miller from the right, while Hassett offered analysis that would appeal to the business community, the official added. (news.financializer.com). As reported in the news.

kingdom: And though Hill unquestionably has shaken up the United Kingdom's banking landscape since founding Metro Bank in London nine years ago, he is now under fire for a recent series of missteps that some say could lead to his ouster as the bank's chairman, according to The Guardian. The bank is being investigated by British regulatory agencies for mistakes it made in risk-weighting commercial mortgages at the same time it has fallen out of favor with investors for its overreliance on residential mortgage lending and its decision to continue investing heavily in new branches. Hill, long known as an innovative retail banker, famously clashed with U.S. regulators more than a decade ago before being forced to resign as head of Commerce Bank in Cherry Hill, N.J. His next gig took him across the Atlantic and had all the makings of a big comeback story. Meanwhile, investors are frustrated that Hill continues to do business with his wife's architectural firm a dozen years after that relationship got him in trouble with U.S. regulators when he ran Commerce. With Metro's shares down by roughly one-third over the last six weeks and by more than 80% since this time last year calls for Hill's removal as chairman are getting louder. Commerce was sold to TD Bank in 2008. (news.financializer.com). As reported in the news.

money: Violet Le Mura, 32, from Brisbane, said the family is so desperate for the new chair for Dusty-Mae, five, she can't wait for the one National Disability Insurance Scheme NDIS has promised - and has resorted to raising the money to buy one themselves, according to Nine News Australia. Dusty-Mae was born prematurely with a range of health problems, and has an intellectual age of two or three. To improve your experience update it Family of disabled child forced to fundraise for wheelchair after being told they'll have to wait another year By Sarah Swain12 39pm May 15, 2019Facebook Tweet Mail The family of a five-year-old girl with multiple disabilities said they have had to raise money to buy her a new wheelchair after waiting for more than two years to get one from the government. Supplied Mrs Le Mura said they asked for the chair two years ago, as NDIS was preparing to take over from the previous disability service provider. While Dusty-Mae does have a wheelchair, the family needs one that they can get into cars and taxis. NDIS only approved her care plan last month - and the family has been told the chair could take a year to arrive. (news.financializer.com). As reported in the news.

risk meyohas: The company, which owns the Scunthorpe steelworks, claims that without the new funding it could collapse, putting 4,500 jobs at risk, according to The Guardian. Meyohas, the son of a wealthy French corporate lawyer, and Goldstein have charged 33.8m in interest on loans their private equity fund Greybull Capital made to British Steel at a rate of 9.6%, according to filings at Companies House. Marc Meyohas and Daniel Goldstein are in talks with British Steel's lenders over a 75m rescue package that is understood to be at risk of falling apart unless the government contributes. The money was loaned via a Greybull business registered in the tax haven of Jersey. The pair, who run their investment fund from offices above a Jimmy Choo store on Sloane Street, around the corner from Harrods in central London, have also charged British Steel 6m in management fees since they took control of the Scunthorpe works in 2016. The firm said the offshore structure was not designed to avoid tax. (news.financializer.com). As reported in the news.

valuation ladder: How far below The next rung down on the valuation ladder is the regulated asset base, as used by regulators when they calculate returns on capital, but Labour appears not to fancy that formula either, according to The Guardian. Instead, it is pushing shareholder equity otherwise known as retained earnings, where the numbers can be substantially smaller. If Labour comes to power, the promised vast nationalisation programme would proceed at prices to be decided by parliament . Translation compensation would be set below market prices. Even then, it would seek to make deductions for asset stripping and state subsidies since privatisation. National Grid's electricity transmission business the pylons and wires part showed regulated assets of 13bn in its last set of accounts. Crunch a few numbers to get a feel for how severe the haircuts for shareholders could be. (news.financializer.com). As reported in the news.

etf spy: Many investors have not caught on to the new calculation and may be stuck in the old paradigm, according to Market Watch. They ought to wake up for their own protection. The calculation centers around a potential President Biden. Let's explore this issue with the help of two charts. Please note the following The first chart shows the comment by the administration that talks with China were constructive. Charts Please click here for an annotated chart of ETF DIA, 0.43% which represents the Dow Jones Industrial Average DJIA, 0.45% Please click here for an annotated chart of ETF SPY, 0.59% which tracks the S&P 500 Index SPX, 0.58% For the sake of transparency, this is the same chart that was previously published. (news.financializer.com). As reported in the news.

fund investors: Investors are well-hedged but not positioned for a breakdown in trade talks, said Michael Hartnett, BofAML chief investment strategist, according to Market Watch. But investors also see little reason to buy in May' unless the 3Cs credit, the consumer and China quickly surprise to the upside. Thirty-four percent of fund investors who participated in the Bank of America Merrill Lynch global fund survey this month have hedged against a sharp equity market fall over the next three months, the largest proportion in the poll's history. Trade war was the top tail risk identified by participants, a finding that BAML said was no surprise given the survey took place between May 3 and 9 see chart below . Still, trade-war worries remained well below levels seen last summer. Equities dropped after China retaliated to the U.S. decision late last week to hike tariffs on 200 billion of Chinese imports. Bank of America Merrill Lynch Caption outside of wrapper for normal article images Stocks tumbled Monday, with the S&P 500 SPX, 0.58% and the Dow Jones Industrial DJIA, 0.45% posting their biggest one-day declines since January, while the Nasdaq COMP, 1.13% saw its biggest drop of 2019. (news.financializer.com). As reported in the news.

gr ie: Early speculation among bitcoin experts is that the latest price surge may have been triggered by the Consensus 2019 bitcoin conference kicking off in New York this week, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. The latest jump in price follows seven weeks of steady gains, which have seen bitcoin's price rise from below 4,000 to today's price of 8,100. You can form your own view. Subscribe now Cryptocurrency market analysts have also pointed to a recent spate of good news for bitcoin, such as crypto-related announcements from large institutional investors like Fidelity Investments. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

gr ie: Vodafone swung to a huge loss from 2.8bn a year earlier, after it wrote down the value of some of its assets and took a hit on the sale of Vodafone India, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. The mobile phone giant slashed its payout by 40 per cent, dealing a blow to millions of investors, as it sought to reduce its mountain of debt. You can form your own view. Subscribe now In the UK, Vodafone was recently crowned the worst mobile network in the UK for customer service. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.