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Home2018November

Month: November 2018

Newsmakers

Cellcube to File Financials Next Week and Extends Record Date for Spin Out

November 29, 2018 admin Comments Off on Cellcube to File Financials Next Week and Extends Record Date for Spin Out

Cellcube to File Financials Next Week and Extends Record Date for Spin Out CellCube Energy Storage Systems Inc. (“CellCube” or the “Company”) (CSE: CUBE) (OTCQB: CECBF) (Frankfurt: 01X) (WKN: A2JMGP) announces a further delay in […]

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Business News

U.S., China exploring deal to delay more tariffs, start talks: WSJ

November 29, 2018 admin Comments Off on U.S., China exploring deal to delay more tariffs, start talks: WSJ

The United States and China are exploring a trade deal in which Washington would suspend further tariffs through the spring of 2019 in exchange for new talks “looking at big changes in Chinese economic policy,” the Wall Street Journal reported on Thursday.

…read more […]

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Business News

Stocks mixed, Wall Street dips on trade jitters as Fed-spurred rally fizzles

November 29, 2018 admin Comments Off on Stocks mixed, Wall Street dips on trade jitters as Fed-spurred rally fizzles

World shares were mixed, with Wall Street edging lower on Thursday amid jitters over U.S.-China trade talks, while the dollar and Treasury yields softened after investors digested recent comments by Federal Reserve Chair Jerome Powell.

…read more […]

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Business News

Renault-Nissan crisis meeting fails to name interim boss

November 29, 2018 admin Comments Off on Renault-Nissan crisis meeting fails to name interim boss

Renault and Nissan vowed to stick by their industrial alliance on Thursday but failed to name an interim boss to stand in for Chairman Carlos Ghosn, whose arrest has threatened the French carmaker’s control of the partnership.

…read more […]

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Business News

Wall Street heads lower as uncertainty sets in ahead of G20 Summit

November 29, 2018 admin Comments Off on Wall Street heads lower as uncertainty sets in ahead of G20 Summit

U.S. stocks fell in choppy trading on Thursday as uncertainty over the outcome of a high-stakes meeting between the United States and China at the upcoming G20 Summit kept investors on the sidelines.

…read more […]

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Business News

Exclusive: Elliott steps in to boost Arconic’s sale process – sources

November 29, 2018 admin Comments Off on Exclusive: Elliott steps in to boost Arconic’s sale process – sources

Elliott Management Corp, the activist hedge fund that sits on Arconic Inc’s board, has stepped in to assume potential liabilities weighing on the sale process for the U.S. aluminum products maker, according to people familiar with the matter.

…read more […]

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Business News

U.S. consumer spending rises strongly; inflation moderates

November 29, 2018 admin Comments Off on U.S. consumer spending rises strongly; inflation moderates

U.S. consumer spending increased by the most in seven months in October, but underlying price pressures slowed, with an inflation measure tracked by the Federal Reserve posting its smallest annual increase since February.

…read more […]

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Business News

Goldman names co-chief operating officers for Asia investment banking unit, ex-Japan

November 29, 2018 admin Comments Off on Goldman names co-chief operating officers for Asia investment banking unit, ex-Japan

Goldman Sachs Group Inc has named Aaron Arth and Iain Drayton co-chief operating officers of its investment banking division in Asia Pacific, excluding Japan, according to a memo seen by Reuters.

…read more […]

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Business News

Marriott to open nearly 30 business hotels in Europe in two years

November 29, 2018 admin Comments Off on Marriott to open nearly 30 business hotels in Europe in two years

U.S. hotel chain Marriott International Inc said on Thursday it plans to open nearly 30 Courtyard by Marriott hotels in Europe in the next two years, as it targets newer markets including Finland and Iceland.

…read more […]

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Business News

Oil rises after Russia leans towards output cut

November 29, 2018 admin Comments Off on Oil rises after Russia leans towards output cut

Oil reversed course and rose on Thursday, after industry sources said Russia had accepted the need to cut production together with OPEC.

…read more […]

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Business News

Bayer to sell businesses, cut jobs after Monsanto deal

November 29, 2018 admin Comments Off on Bayer to sell businesses, cut jobs after Monsanto deal

Bayer , the German drugmaker that bought U.S. seed company Monsanto, on Thursday announced the sale of a number of businesses, job cuts affecting thousands of its staff and 3.3 billion euros ($3.8 billion) in impairments.

…read more […]

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Business News

Wall Street falls as investors turn cautious ahead of G20

November 29, 2018 admin Comments Off on Wall Street falls as investors turn cautious ahead of G20

U.S. stocks fell on Thursday as investors turned risk averse in the run up to U.S.-China trade talks at the upcoming G20 Summit after President Donald Trump said there was “a long way to go” on tariffs with Beijing.

…read more […]

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Business News

Former Nissan executive Kelly denies financial misconduct allegations: lawyer

November 29, 2018 admin Comments Off on Former Nissan executive Kelly denies financial misconduct allegations: lawyer

Nissan Motor Co’s former representative director Greg Kelly denies allegations of financial misconduct at the automaker, his lawyer said on Thursday.

…read more […]

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Business News

Jaguar Land Rover to lay off staff temporarily at UK plant

November 29, 2018 admin Comments Off on Jaguar Land Rover to lay off staff temporarily at UK plant

Britain’s biggest carmaker Jaguar Land Rover is to reduce the workforce at its plant in Solihull, central England, by about 500 in a temporary move in the run-up to Christmas, it said on Thursday.

…read more […]

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Business News

Nissan-Renault-Mitsubishi alliance won’t appoint interim chairman

November 29, 2018 admin Comments Off on Nissan-Renault-Mitsubishi alliance won’t appoint interim chairman

Mitsubishi Motors’ Chief Executive Osamu Masuko said on Thursday that the company’s three-way alliance with Nissan and Renault would not appoint an interim chairman and would shift instead to a system where the group would be led by the three CEOs.

…read more […]

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