Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | Dell Offers More Money to Investors to Ease Its Return to the Stock Market DealBook Supported by ByMichael J. de la Merced Nov. 15, 2018 Dell agreed on Thursday to improve a takeover offer for owners of a special class of shares to about $23.9 billion, hoping to quell a shareholder rebellion against a deal meant to return the computer maker to the public markets. Under the terms of the revised deal, shareholders in a stock that tracks the performance of Dell’s 82 percent stake in VMware will receive a combination of cash or stock worth roughly $120 a share, representing a 10 percent increase from the original offer. Dell also increased the amount of cash available in the offer by about 55 percent, to $14 billion, which would increase the proportion of that part of the compensation. Investors would … [Read more...] about Dell Offers More Money to Investors to Ease Its Return to the Stock Market
Money
Financier of Islamic State paid money to rebel group in eastern Congo -report
KINSHASA (Reuters) - An Islamist rebel group in eastern Democratic Republic of Congo received money from a financier linked to Islamic State, suggesting tentative ties between the Congo insurgents and other jihadists in Africa and beyond, a report said on Thursday.Islamist "financial facilitator" Waleed Ahmed Zein paid the Allied Democratic Forces at least once, said the report from New York University's Congo Research Group and the Bridgeway Foundation that cited U.S. sources and an ADF defector.gi Zein is on a U.S. government sanctions list and was arrested in his home country of Kenya in July for links to Islamic State. The payments were made in recent years but it was not clear when, how much was paid or how the money was used.The Congolese government blames the ADF for a series of massacres in the last two years in the east of the country where violence around the city of Beni has hobbled efforts to contain an Ebola outbreak.The ADF was set up by Ugandan Muslims in the 1990s … [Read more...] about Financier of Islamic State paid money to rebel group in eastern Congo -report
Digital central bank money is for the distant future: Coeure
FRANKFURT (Reuters) - Central banks are unlikely to issue digital currencies within the next decade, even in places where the use of cash is declining rapidly, European Central Bank board member Benoit Coeure said on Thursday. "There is broad agreement that a (central bank digital currency), in whatever form, is unlikely to be issued within the next decade, even among those four central banks that have indicated that they have reached the stage of developing a pilot project," Coeure told a conference in Basel. The majority of the world's top central banks are already conducting studies on digital central bank money but such work is in early stages and the underlying technology also remains problematic, Coeure added. (Reporting by Balazs Koranyi; Editing by Francesco Canepa) … [Read more...] about Digital central bank money is for the distant future: Coeure
Help support Mansfield shops AND save yourself money
We have had a great response since we launched our Love Your High Street campaign - and now we have the great chance for you to support Mansfield’s local shops AND save yourself money! The aim of the campaign is simple, we are encouraging all readers to make a conscious decision to shop locally and spend some time and money with the Mansfield shops, businesses and independent traders who ensure our community remains a vibrant place to live.Between now and the end of the year, we will be helping spread the word by supporting the local initiatives and great retailers we have on our patches in a series of regular features.And this week we have seven great reasons for you to shop local – with discount vouchers which you can use at the Four Seasons Shopping Centre in Mansfield town centre. Shops taking part include Vision Express, Max Speilmann, Calendar Club, Bling Boutique, Pud, Collections and Cooplands.So why not start your Christmas shopping now and take advantage of these … [Read more...] about Help support Mansfield shops AND save yourself money
BoE rate hike in 2019 now unlikely, money markets suggest
LONDON (Reuters) - Money markets no longer expect the Bank of England to hike interest rates in 2019, as investors slashed their bets on monetary tightening after Dominic Raab resigned on Thursday as Britain's Brexit minister. Investors now price in a 25 basis point rate hike from the BoE in 2020, having priced out such a move for next year <BOEWATCH>. Money markets had previously priced in one hike - from current levels of 0.75 percent - before December 2019. Raab resigned on Thursday in protest at Prime Minister Theresa May's Brexit deal, throwing her government into political turmoil. The re-pricing in money markets came as sterling fell sharply and British government bond yields tumbled. (Reporting by Tommy Reggiori Wilkes; Editing by Dhara Ranasinghe) … [Read more...] about BoE rate hike in 2019 now unlikely, money markets suggest