FTSE 350 defined benefit pension deficit falls to £73bn

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FTSE 350 defined benefit pension deficit falls to £73bn

The accounting deficit for FTSE 350 defined benefit (DB) pension schemes has decreased by £3 billion, from £76 billion at the end of December 2017 to £73 billion at the end of January 2018, according to research by Mercer. Its research, which analyses pension deficits calculated using the approach
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Business News: Allianz, HVACi, Nixon & Company

Nixon & Company, a national provider of comprehensive claims handling solutions and an SCM Insurance Services company, announced the launch of its Forensic Accounting Division. This division will help adjusters and insurers determine a loss of business income, extra expense, or misappropriation
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China to stamp out cryptocurrency trading completely with ban on foreign platforms

China is to block all websites related to cryptocurrency trading and initial coin offerings (ICOs) – including foreign platforms – in a bid to finally quash the market completely.
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Hedge Funds Now Own 26.7% Of Weatherford International plc (WFT)

Weatherford International plc disclosed in a document filed with the US Securities and Exchange Commission (SEC) that VP & Chief Accounting Officer Mills Douglas M. has sold 6,072 shares of Weatherford International plc (WFT) in trading session dated Jan. 29, 2018. These shares are worth $25,745
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A third of SA miners say no new investments in 2018 – survey

The survey of 16 companies accounting for over 80% of national mining output included all of the big players such as Anglo American and Sibanye-Stillwater. “Some specific company responses were particularly sobering,” the chamber said in a presentation at the Africa mining conference in Cape
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