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Home2018December

Month: December 2018

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Business News

China’s Huawei executive bail hearing adjourned to Tuesday

December 11, 2018 admin Comments Off on China’s Huawei executive bail hearing adjourned to Tuesday

A Canadian provincial court on Monday adjourned without deciding the fate of a top executive of Huawei Technologies Co Ltd after she appeared in a Vancouver court in relation to an extradition case following her arrest at the request of the United States.

…read more […]

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Business News

Chinese province pledges billions to drive tech, innovation

December 11, 2018 admin Comments Off on Chinese province pledges billions to drive tech, innovation

China’s coastal province of Zhejiang, home to e-commerce giant Alibaba , has pledged more than $17 billion to drive the tech industry and innovation in the coming five years, the state news agency Xinhua reported.

…read more […]

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SEC says Citadel Securities ordered to pay $3.5 million as penalty

December 11, 2018 admin Comments Off on SEC says Citadel Securities ordered to pay $3.5 million as penalty

The U.S. Securities and Exchange Commission said on Monday that Citadel Securities LLC has been ordered to pay a penalty of $3.5 million for reporting incorrect trade execution data for about 80 million trades from November 2012 to August 2016.

…read more […]

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Business News

Google CEO defends ‘integrity’ of products ahead of testimony

December 11, 2018 admin Comments Off on Google CEO defends ‘integrity’ of products ahead of testimony

The chief executive officer of Alphabet Inc’s Google on Monday defended the integrity of the company’s products a day ahead of a congressional hearing where he is expected to face tough questions from U.S. lawmakers.

…read more […]

CEO Interview

Elixinol Global Limited (ASX: EXL) (OTC: ELLXF) Emerging leader in CBD and Hemp foods and consumer products

December 11, 2018 admin Comments Off on Elixinol Global Limited (ASX: EXL) (OTC: ELLXF) Emerging leader in CBD and Hemp foods and consumer products

                Elixinol Global Limited (ASX: EXL) (OTC: ELLXF) Interview with CEO, Paul Benhaim. We caught up with Paul, at the airport, to discuss Elixinol’s progress in the CBD and […]

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Business News

Nissan, Ghosn clash over Rio apartment filled with art, cash: filing

December 11, 2018 admin Comments Off on Nissan, Ghosn clash over Rio apartment filled with art, cash: filing

A Rio de Janeiro apartment containing cash, art works and personal belongings of Carlos Ghosn has become the latest battleground between the indicted former Nissan Motor Co Ltd chairman and the automaker.

…read more […]

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China’s Huawei executive seeks bail in U.S. extradition case

December 11, 2018 admin Comments Off on China’s Huawei executive seeks bail in U.S. extradition case

A Canadian provincial court on Monday weighed whether to grant bail to a top executive of one of the world’s biggest telecommunications companies, Huawei Technologies [HWT.UL], while she awaits a ruling on extradition to the United States.

…read more […]

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Lockheed Martin names Kenneth Possenriede chief financial officer

December 11, 2018 admin Comments Off on Lockheed Martin names Kenneth Possenriede chief financial officer

U.S. defense contractor Lockheed Martin Corp on Monday named Kenneth Possenriede chief financial officer, replacing Bruce Tanner.

…read more […]

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Wall St. ends choppy day higher; tech helps, Brexit weighs

December 10, 2018 admin Comments Off on Wall St. ends choppy day higher; tech helps, Brexit weighs

Wall Street ended Monday’s volatile session slightly higher with help from technology stocks although bank stocks tumbled and uncertainty over Britain’s exit from the European Union kept investors on edge about global growth.

…read more […]

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Global stock decline on growth, Brexit worries; Wall St. gains

December 10, 2018 admin Comments Off on Global stock decline on growth, Brexit worries; Wall St. gains

A gauge of global equities stumbled on Monday, as losses in Europe and Asia extended to Wall Street on new signs world economic growth was being curbed by the U.S.-China trade spat, but was off early lows as U.S. stocks turned positive.

…read more […]

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Wall St. ends choppy session higher; tech a boost

December 10, 2018 admin Comments Off on Wall St. ends choppy session higher; tech a boost

U.S. stocks ended a volatile session slightly higher on Monday, helped by gains in technology shares, though uncertainty over Britain’s exit from the European Union kept investors on edge about global growth.

…read more […]

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Fed seen slowing, or even stopping, rate hikes next year

December 10, 2018 admin Comments Off on Fed seen slowing, or even stopping, rate hikes next year

The Federal Reserve’s plans to continue raising interest rates next year were met with more skepticism on Wall Street on Monday, with futures traders betting on a pause and one major bank partially walking back a hawkish prediction.

…read more […]

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NZ’s Restaurant Brands signs deal to expand Taco Bell in NZ, Australia

December 10, 2018 admin Comments Off on NZ’s Restaurant Brands signs deal to expand Taco Bell in NZ, Australia

Fast-food group Restaurant Brands New Zealand Ltd inked a deal to expand “Tex-Mex” food chain Taco Bell’s brand in New Zealand and in Australia’s New South Wales, the company said on Tuesday.

…read more […]

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NZ’s Restaurant Brands signs deal to open 60 new Taco Bell restaurants

December 10, 2018 admin Comments Off on NZ’s Restaurant Brands signs deal to open 60 new Taco Bell restaurants

Fast-food group Restaurant Brands New Zealand Ltd on Tuesday said it had reached an agreement with Taco Bell Restaurants Asia PTE to expand the Taco Bell brand in New Zealand and Australia.

…read more […]

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Business News

Wells Fargo won’t be allowed to grow unless problems fixed: Fed’s Powell

December 10, 2018 admin Comments Off on Wells Fargo won’t be allowed to grow unless problems fixed: Fed’s Powell

Wells Fargo & Co must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal Reserve.

…read more […]

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