JUST IN: LONDON BP (BP.L) is increasing its stake in Lightsource BP to 50% from its current 43%, the solar energy developer said in a statement on Thursday @ReutersBiz #AceFinanceDesk reports

JUST IN: “The new investment will simplify the joint venture structure with BP as Lightsource BP seeks to accelerate its drive toward 10 gigawatts of developed assets by the end of 2023.”

ReutersBiz Published: Dec.05: 2019: https://t.co/UZCmXlsRa0

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JUST IN: WASHINGTON: U.S. services sector activity slowed in November as lingering concerns about trade tens ions and worker shortages pushed production to its lowest level in a decade, which could heighten fears abou t the economy’s health @ReutersBiz #AceFinanceDesk reports

JUST IN: Other data on Wednesday showed private employers hired the fewest workers in six months in November: The reports came on the heels of data on Monday showing manufacturing activity contracted for the fourth straight month in November and a decline in construction spending in October.”

U.S. private-sector job growth unexpectedly slowed to its weakest pace in six months in November, and goods producers and construction firms cut jobs. More here: http://twitter.com/ReutersBiz/status/1202324192777011200 IFTTT, [Dec 4, 2019 at 20:32] #AceFinanceNews

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JUST IN: LONDON British supermarket group Morrison on Wednesday promoted finance chief Trevor Strain to the role of chief operating officer, putting him in pole position to eventually take over from chief executive David Potts @ReuterBiz #AceFinanceDesk reports

JUST IN: “In his new role as COO, Strain will continue to report into Potts. Strain’s responsibilities will include commercial, manufacturing, supply chain, logistics, operations development, online and wholesale.”

@ReutersBiz reports ………..https://t.co/SDaJcZwdFI Published: Dec.04: 2019:

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JUST IN: #PARIS French utility Suez (SEVI.PA) on Monday announced a new boardroom and business structure, which it said formed part of a general strategy plan to improve its results @ReutersBiz #AceFinanceDesk reports

JUST IN: “Jean-Marc Boursier and Julian Waldron would be in charge of implementing a plan aimed at achieving savings of 1 billion euros ($1.1 billion) by 2023, Suez said in a statement.”
Reuters: http://bitly.com/33FAXXU Published: Dec.02: 2019:

Editor says #AceNewsDesk reports are provided by Sterling Publishing & Media News here: https://t.me/SterlingPublishingPanel and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com or you can follow our breaking news posts as a member on Telegram https://t.me/acebreakingnews

JUST IN: (STOCKHOLM) #IKEA the world’s biggest furniture group, said on Wednesday it would spend aro und 100 million euros ($110 million) on supporting its direct suppliers in moving over to renewable energy @ ReutersBiz #AceFinanceDesk reports

JUST IN: “Brand owner Inter IKEA, which is in charge of supply, said it also planned to invest around 100 million euros in projects to remove carbon from the atmosphere through reforestation and forest protection.”

FILE PHOTO: Customers walk by a placard reading “Act Now” as they leave the IKEA store in Kaarst near Duesseldorf, Germany, April 3, 2019. REUTERS/Wolfgang Rattay/File Photo

Brand owner Inter IKEA, which is in charge of supply, said it also planned to invest around 100 million euros in projects to remove carbon from the atmosphere through reforestation and forest protection: “It said the new investments would be part of its work towards IKEA becoming climate positive – to cut more greenhouse gas emissions than the IKEA value chain emits – by 2030.”

Reuter’s reports …….Published: Nov.27: https://t.co/vHrPoofjaP #AceFinanceNews

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MARKETS: (LONDON) #FTSE100 Hits 2-Month High on Wednesday after it was reported by U.S Media that Trump was close to ‘ Phase1 ‘ of trade deal with Beijing #AceFinanceDesk reports

JUST IN: London’s FTSE 100 rose for a fourth straight session and hit a two-month high on Wednesday as recent risk-on sentiment was bolstered after U.S. President Donald Trump said Washington and Beijing were close to a “phase one” trade deal:
Reuters: Top News https://ift.tt/2Dj3iID #AceFinanceNews

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JUST IN: Xerox Corp said on Tuesday it was planning to take its $33.5 billion buyout bid directly to HP Inc shareholders after the personal computer maker refused to open its books for due diligence before a deadline @ReutersBiz #AceFinanceDesk reports

JUST IN: We plan to engage directly with HP shareholders to solicit their support in urging the HP Board to do the right thing and pursue this compelling opportunity,” Xerox said in a letter to HP’s board.” HP did not immediately respond to a request for comment.ReutersBiz reports – https://t.co/PQs8FSnHiz Published: Nov.26: 2019: #AceFinanceNews

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JUST IN: (BEIJING/HONG KONG/LONDON) China raised $6 billion in its biggest ever international sovereign bond sale on Tuesday, as it pounced on the year’s sharp dive in borrowing costs @ReutersBiz #AceFinanceD esk reports

JUST IN: “The finance ministry sold the bonds in four tranches: A 3-year issue priced 35 basis points above benchmark U.S. Treasuries, a source at one of the managing banks said. A 5-year bond priced at 40 bps above Treasuries, a 10-year at 50 bps above Treasuries and a 20-year tranche at 70 bps above Treasuries, the source said.”
ReutersBiz reports: https://t.co/3ZpPAhlynl #AceFinanceNews

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JUST IN: (MILAN/PARIS) Fiat Chrysler (FCHA.MI) and Peugeot-owner PSA (PEUP.PA) told their employees they would sign a binding merger agreement in coming weeks @Reuters #AceFinanceDesk reports

JUST IN: Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks: In two separate communications through internal channels, obtained by Reuters on Tuesday, the two groups told employees that more than 50 people were involved in the process: “Nine working groups were established, led by FCA Group Treasurer and Global Head of Business Development David Ostermann, and by PSA Executive Vice President Program and Strategy Olivier Bourges, the documents added.” https://t.co/0K55yBabFB https://t.co/HNGAqaEiTQ http://twitter.com/Reuters/status/1199287075792674816 November 26, 2019 at 11:21AM: #AceFinanceNews

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JUST IN: #Nigeria NBS says Investment inflows dropped by $460m in Q3 @MobilePunch #AceFinanceDesk reports

JUST IN: The National Bureau of Statistics on Monday said the investment inflows into Nigeria declined by $460m from $5.82bn in the second quarter of this year to $5.36bn in the third quarter.

https://t.co/PQbjsXKkQK MobilePunch November 25, 2019 at 09:47AM: #AceFinanceNews

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