Saturday, 19 Sep 2020

Sensex jumps in early trade; Nifty tests 11,350

London stabbing: Horror outside Mansion House station as ‘at least one’ person attacked

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At least one person has been wounded in the attack and is being treated by the emergency services.

The suspect has fled the scene.

One person injured in Denver police shooting near West High School

One person was transported to a hospital after a shooting that involved Denver police Wednesday evening near West High School.

The shooting occurred near West 10th Avenue and North Inca Street, the police department said on Twitter.

A police spokesperson confirmed that at least one officer opened fire but did not provide details about the circumstances of the shooting or if officers shot the person who was taken to the hospital.

The condition of that person is unknown and no officers were injured in the incident, police said.

Officers are still at the scene.

This is a developing story.

Peter Sova Dies: Cinematographer On ‘Diner’ And ‘Donnie Brasco’ Was 75

From there, Sova went on to shoot many of Barry Levinson’s early films, including Diner, Good Morning Vietnam, and Tin Man. He also was the director of photography on Mike Newell’s Donnie Brasco and worked with director Paul McGuigan on the films Gangster #1, The Reckoning, and Lucky Number Slevin.

His most recent work was on the documentary Driven to Abstraction.

He is survived by his son, Milan Joseph Sova. No memorial details have been announced.


Deutsche Bank U.S. unit pays $583,000 to settle Ukraine sanctions lapses

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The U.S. Department of the Treasury’s Office of Foreign Assets Control announced two settlements totaling $583,100 with Deutsche Bank Trust Company Americas to resolve investigations into violations of Ukraine-related sanctions, the agency said on Wednesday.

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The unit of Germany's largest lender, Deutsche Bank AG  agreed to pay $157,500 for processing a large payment through the United States that involved a property interest of an oil company in Cyprus designated under the Ukraine sanctions. OFAC said the bank failed to conduct sufficient due diligence on the company.


Separately, Deutsche Bank Trust Company Americas agreed to pay $425,600 for processing payments destined for accounts at a designated financial institution. The bank failed to stop the 61 payments because of lapses in its payment screening tools, according to the Treasury.

The bank has said it will review the circumstances of the apparent violation and perform any necessary additional training or changes to the bank’s internal procedures.


Indonesian Stocks Fall 4% as Jakarta Restrictions Return

Indonesia’s benchmark stock index fell after its capital brought back social distancing measures amid a continued rise in the number of coronavirus cases.

The Jakarta Composite Index of shares slid 4.3% as of 9:08 a.m. local time, set for the steepest drop since March. The capital will require non-essential industries to have their employees work from home and limit the use of public transportation starting Sept. 14, Governor Anies Baswedan said in a briefing late Wednesday.

Read more: Jakarta Brings Back Restrictions as Hospital Beds Fill Up

Petco owners reportedly weighing $6 billion sale or IPO

CVC Capital Partners and Canada Pension Plan Investment Board are exploring a sale or initial public offering of Petco that could value it at $6 billion, including debt, Bloomberg News reported Wednesday.

The firms are interviewing potential advisers while reviewing strategic options, with formal efforts around a sale or IPO not expected to kick off until next year, Bloomberg said, citing people with knowledge of the matter.

CVC, CPPIB and Petco declined to comment on the report.

CVC and CPPIB acquired the pet supplies retailer in 2016 for about $4.6 billion from TPG Capital and Leonard Green and Partners.

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Sensex jumps in early trade; Nifty tests 11,350

Domestic equities opened on a positive note tracking strong gains in global markets, traders said.

Domestic equity benchmark Sensex jumped over 250 points in early trade on Thursday led by gains in index majors Reliance Industries, ICICI Bank and SBI amid positive cues from global markets.

The 30-share BSE index was trading 269.92 points or 0.71% higher at 38,463.84; while the NSE Nifty rose 73.05 points or 0.65% to 11,351.05.

IndusInd Bank was the top gainer in the Sensex pack, surging around 3 per cent, followed by Bajaj Finserv, SBI, Reliance Industries, Bajaj Finance, Axis Bank and UltraTech Cement.

On the other hand, Bajaj Auto, Titan, Tech Mahindra and HUL were among the laggards.

In the previous session, Sensex ended 171.43 points or 0.45% lower at 38,193.92, while Nifty settled 39.35 points or 0.35% down at 11,278.

Exchange data showed that foreign institutional investors sold equities worth ₹ 959.09 crore on a net basis on Wednesday.

Domestic equities opened on a positive note tracking strong gains in global markets, traders said.

Stock exchanges on Wall Street rebounded and ended over 2 per cent higher in overnight trade.

Following suit, bourses in Shanghai, Hong Kong, Seoul and Tokyo were also trading with gains in mid-day deals.

Global oil benchmark Brent crude was trading 0.47 per cent lower at $40.60 per barrel.

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