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Home2019September

Month: September 2019

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Business News

Frankfurt auto show touts green credentials amid climate protests

September 2, 2019 Editor Comments Off on Frankfurt auto show touts green credentials amid climate protests

The Frankfurt Auto Show will champion sustainable driving and electric cars, Germany’s auto industry association said on Monday, as it seeks to head off protests from climate activists.

…read more […]

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Business News

Argentine peso, bonds whiplashed after capital controls imposed

September 2, 2019 Editor Comments Off on Argentine peso, bonds whiplashed after capital controls imposed

Argentine bond prices fell to record lows on Monday and a jittery peso see-sawed between losses and gains after the country imposed capital controls on Sunday in a bid to stem a currency rout that is sharpening the risk of default.

…read more […]

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Business News

Saudi Arabia names head of PIF as Aramco chairman

September 2, 2019 Editor Comments Off on Saudi Arabia names head of PIF as Aramco chairman

Saudi Arabia has named Yasir al-Rumayyan, head of the kingdom’s sovereign wealth fund, known as the PIF, as chairman of Aramco, replacing Energy Minister Khalid al-Falih, as the state oil giant prepares to go public.

…read more […]

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Business News

Exclusive: Telia offers concessions as EU probes Bonnier deal: EU document

September 2, 2019 Editor Comments Off on Exclusive: Telia offers concessions as EU probes Bonnier deal: EU document

Swedish telecoms operator Telia has offered concessions to allow rivals fair access to its TV channels to address EU antitrust concerns about its $957 million bid for Bonnier Broadcasting, an EU document seen by Reuters showed.

…read more […]

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Business News

Energy ministers of Russia, Iran discuss investment projects

September 2, 2019 Editor Comments Off on Energy ministers of Russia, Iran discuss investment projects

Russian Energy Minister Alexander Novak and his Iranian counterpart, Reza Ardakanian have discussed the development of joint energy investment projects during their meeting in Moscow on Monday, the Russian ministry said in a statement.

…read more […]

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Argentine markets take another hit after currency controls stoke uncertainty

September 2, 2019 Editor Comments Off on Argentine markets take another hit after currency controls stoke uncertainty

Argentina’s international bonds fell to record lows on Monday and peso got slapped down again after President Mauricio Macri imposed capital controls on Sunday after announcing the government would “re-profile” its debt by extending maturities.

…read more […]

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Business News

Saudi Arabia names head of PIF as Aramco chairman: Bloomberg

September 2, 2019 Editor Comments Off on Saudi Arabia names head of PIF as Aramco chairman: Bloomberg

Saudi Arabia has named Yasir al-Rumayyan, head of the kingdom’s sovereign wealth fund, known as the PIF, as chairman of state oil giant Aramco, replacing Energy Minister Khalid al-Falih, Bloomberg reported on Monday, citing an unnamed Saudi official.

…read more […]

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Business News

Argentine markets split after currency controls stoke uncertainty

September 2, 2019 Editor Comments Off on Argentine markets split after currency controls stoke uncertainty

Argentina’s international dollar and euro-denominated bonds fell to record lows on Monday and the official peso diverged from the black market after President Mauricio Macri imposed capital controls on Sunday as the country’s debt crisis spirals.

…read more […]

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Saudi Arabia replaces Aramco chairman with head of PIF: Bloomberg

September 2, 2019 Editor Comments Off on Saudi Arabia replaces Aramco chairman with head of PIF: Bloomberg

Saudi Arabia has named Yasir al-Rumayyan, head of the kingdom’s sovereign wealth fund, known as the PIF, as the chairman of state oil giant Aramco, replacing Energy Minister Khalid al-Falih, Bloomberg reported on Monday, citing an unnamed Saudi official.

…read more […]

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Murdoch’s Fox launches sports betting with FOX Bet

September 2, 2019 Editor Comments Off on Murdoch’s Fox launches sports betting with FOX Bet

When Rupert Murdoch’s Fox Corp launches the FOX Bet sports betting platform on Monday, it will do what no other major media company has done in North America: become the face of a sports gambling platform.

…read more […]

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Ryanair has no flight disruptions from UK pilots strike

September 2, 2019 Editor Comments Off on Ryanair has no flight disruptions from UK pilots strike

Ryanair flights to and from Britain were running as scheduled as some of its British-based pilots began a three-day strike which the airline said it did not expect to disrupt any travel on Monday.

…read more […]

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Dutch minister: I did not have contact with Uber on tax plan

September 2, 2019 Editor Comments Off on Dutch minister: I did not have contact with Uber on tax plan

The top Dutch tax politician has denied meeting representatives of Uber Technologies, in answer to questions from parliament about why the company has been allowed to claim a provisional $6.1 billion tax write-off in the Netherlands.

…read more […]

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Business News

China lodges tariff case at WTO against the U.S.

September 2, 2019 Editor Comments Off on China lodges tariff case at WTO against the U.S.

China has lodged a case against the United States with the World Trade Organization (WTO) over U.S. import duties, the Chinese commerce ministry said on Monday.

…read more […]

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Deutsche CEO to invest 15% of monthly net pay in bank’s shares

September 2, 2019 Editor Comments Off on Deutsche CEO to invest 15% of monthly net pay in bank’s shares

Deutsche Bank’s chief executive Christian Sewing will spend 15% of his monthly net salary buying the German lender’s shares starting in September, a regulatory filing showed on Monday.

…read more […]

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Global stocks slip on tariffs, Argentina hit by capital controls

September 2, 2019 Editor Comments Off on Global stocks slip on tariffs, Argentina hit by capital controls

Global markets remained subdued on Monday after the United States and China imposed new tariffs on each other, while the spotlight returned to emerging-market risk as Argentina imposed capital controls.

…read more […]

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite?

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