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Home2019September

Month: September 2019

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Business News

Alison Rose gets top job at RBS, first woman to lead major UK lender

September 20, 2019 admin Comments Off on Alison Rose gets top job at RBS, first woman to lead major UK lender

Royal Bank of Scotland named Alison Rose as its new chief executive on Friday, becoming the first major British lender to appoint a woman to its top job.

…read more […]

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Business News

UK’s Thomas Cook hunts for $250 million to fend off collapse

September 20, 2019 admin Comments Off on UK’s Thomas Cook hunts for $250 million to fend off collapse

Britain’s Thomas Cook said its banks had ordered the company to find an additional 200 million pounds ($251 million) of funding in order to guarantee the survival of the world’s oldest holiday company.

…read more […]

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Business News

China sovereign fund CIC says cautious of U.S. investment amid trade war

September 20, 2019 admin Comments Off on China sovereign fund CIC says cautious of U.S. investment amid trade war

China Investment Corp (CIC) on Friday said the Sino-U.S. trade war has made it more cautious about investing in the United States, after the Chinese sovereign wealth fund posted a dive in yearly profit.

…read more […]

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Business News

Royal Bank of Scotland appoints Alison Rose as CEO

September 20, 2019 admin Comments Off on Royal Bank of Scotland appoints Alison Rose as CEO

Royal Bank of Scotland has appointed Alison Rose as its new chief executive, becoming the first major British lender to appoint a woman to its top job.

…read more […]

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Business News

Explainer: Abe, Trump head for trade deal; auto tariffs a sticking point

September 20, 2019 admin Comments Off on Explainer: Abe, Trump head for trade deal; auto tariffs a sticking point

U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe are expected to clinch a deal on farm tariffs and digital trade when they meet in New York next week.

…read more […]

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Business News

Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions

September 20, 2019 admin Comments Off on Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions

Tech giant Tencent Holdings Ltd plans to leverage its strengths in video games and social media to grab market share in China’s burgeoning cloud computing sector from incumbent Alibaba, the head of its cloud unit told Reuters.

…read more […]

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Business News

FAA waiting for more software details before 737 MAX can return to service

September 20, 2019 admin Comments Off on FAA waiting for more software details before 737 MAX can return to service

Boeing Co still has a series of steps to complete before the 737 MAX can return to service, including submitting a pre-production version of a software update, Federal Aviation Administration chief Steve Dickson said.

…read more […]

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Business News

Exclusive: Venezuela opposition eyes U.N. asset protection as option to save Citgo

September 20, 2019 admin Comments Off on Exclusive: Venezuela opposition eyes U.N. asset protection as option to save Citgo

Venezuela’s opposition is preparing to seek an asset protection program from the United Nations to prevent creditors from seizing the country’s crown jewel overseas asset, U.S. refiner Citgo, a lawmaker and two opposition sources told Reuters.

…read more […]

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Business News

Economy hopes support shares, oil edges up on Mideast tensions

September 20, 2019 admin Comments Off on Economy hopes support shares, oil edges up on Mideast tensions

Asian share prices inched higher on Friday as economic stimulus around the world eased fears over slowing growth, while crude oil prices climbed on concerns that last weekend’s attacks on Saudi Arabia’s oil facilities still pose supply risks.

…read more […]

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Business News

Asian shares gain on economy hopes, oil edges up on Mideast tensions

September 20, 2019 admin Comments Off on Asian shares gain on economy hopes, oil edges up on Mideast tensions

Asian share prices inched higher on Friday as economic stimulus around the world eased fears of economic deceleration while crude oil prices climbed on concerns that last weekend’s attacks on Saudi Arabia’s oil facilities still pose supply risks.

…read more […]

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Business News

Facebook CEO Zuckerberg meets Trump, seeks to mend fences in Washington

September 20, 2019 admin Comments Off on Facebook CEO Zuckerberg meets Trump, seeks to mend fences in Washington

Facebook’s Mark Zuckerberg met with President Donald Trump on Thursday during a fence-mending visit to Washington where the chief executive faced aggressive questioning from lawmakers about the social network’s failures to protect consumer privacy.

…read more […]

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Business News

Beyond Meat names former Tesla executive as COO

September 20, 2019 admin Comments Off on Beyond Meat names former Tesla executive as COO

Beyond Meat Inc said on Thursday it has named former Tesla Inc executive Sanjay Shah as chief operating officer, effective Sept. 18.

…read more […]

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Business News

Trump says he had a ‘nice’ meeting with Facebook CEO Zuckerberg

September 20, 2019 admin Comments Off on Trump says he had a ‘nice’ meeting with Facebook CEO Zuckerberg

President Donald Trump said in a tweet that he had a “nice meeting” with Facebook CEO Mark Zuckerberg on Thursday and he included a picture of him shaking hands with Zuckerberg in the Oval Office.

…read more […]

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Business News

Trump, Facebook CEO Zuckerberg had ‘good, constructive’ meeting: Facebook

September 20, 2019 admin Comments Off on Trump, Facebook CEO Zuckerberg had ‘good, constructive’ meeting: Facebook

U.S. President Donald Trump and Facebook Chief Executive Mark Zuckerberg had a “good, constructive” meeting at the White House on Thursday, the social media company said in a statement.

…read more […]

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Business News

Factbox: Tariffs in place or planned for nearly all goods traded by U.S. and China

September 20, 2019 admin Comments Off on Factbox: Tariffs in place or planned for nearly all goods traded by U.S. and China

U.S. and Chinese trade negotiators are meeting in Washington this week to find ways to defuse a trade war that has roiled markets and triggered tit-for-tat tariffs on hundreds of billions of goods traded between the world’s largest economies.

…read more […]

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