South Korea’s Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines’ Incheon- San Francisco route for 45 days.
Citigroup Inc has named Peter Babej, the U.S. bank’s global head of financial institutions group, as its new Asia Pacific chief executive officer, according to an internal memo seen by Reuters on Thursday.
The City of Boston’s retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1 billion in assets after allegations he made disparaging remarks about women last week.
Uber Technologies Inc and Lyft Inc declined to appear on Wednesday at a U.S. House of Representatives hearing on issues relating to the ride-hailing industry, a congressional committee said.
(Bloomberg) — Michael McKinley, a senior adviser to Secretary of State Michael Pompeo until resigning the post last week, testified Wednesday before three committees leading the House impeachment investigation against President Donald Trump.Here are the latest developments:Perry Says Trump Asked Him to Contact Giuliani (9:20 p.m.)Energy Secretary Rick Perry said that Trump asked him to contact Rudy Giuliani to discuss corruption in Ukraine, according to a report published Wednesday night.Perry told the Wall Street Journal that he reached out to Giuliani, Trump’s personal lawyer and the former mayor of New York, to help arrange a meeting with Ukraine’s top energy …read more […]
Global stocks barely moved on Thursday as soft U.S. retail sales data raised concerns about the health of the world’s largest economy and risk of global recession, while sterling was volatile as negotiations on a Brexit deal continued.
Global stocks barely moved on Thursday as soft U.S. retail sales data raised concerns about the health of the world’s largest economy and risk of global recession, while sterling was volatile as negotiations on a Brexit deal continued. Both MSCI’s broadest index of Asia-Pacific shares outside Japan and Japan’s Nikkei were little changed in early trade while U.S. stock futures lost 0.15%. The S&P 500 shed 0.20% the previous day after data showed U.S. retail sales contracted in September for the first time in seven months, in a potential sign that manufacturing-led weakness could …read more […]
Oct.16 — Robert Maire, president of consulting firm Semiconductor Advisors, talks about Taiwan Semiconductor Manufacturing Co., which is scheduled to report its results on Thursday, and Samsung Electronics Co. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Australia.” …read more […]
Five drugmakers and distributors are offering $22 billion in cash as well as drugs and services they value at $28 billion to resolve lawsuits alleging the industry helped fuel the U.S. opioid crisis, two sources familiar with the matter told Reuters on Wednesday.
No full-service airline wants to come out and charge for overhead bin space. The optics would be horrible, with passengers complaining about how an airline took from them what was once free. But Delta Air Lines on Wednesday quietly came close to instituting a pay-for-space policy, even if the webpage touting the product said nothing […] …read more […]
U.S. authorities said on Wednesday it has obtained an asset freeze against 18 traders, who are primarily China-based, over an international market manipulation scheme that has reaped more than $31 million in illicit profits over several years.
(Bloomberg) — Apple Inc. on Wednesday said that 55% of iPhones introduced in the past four years are running iOS 13, the latest version of the company’s mobile operating system.The company shared the data on its website for third-party developers. It also reported that that 50% of all iPhones are on iOS 13, while 33% of iPads are on iOS 13. Some older iPhones and iPads are no longer supported by the latest software.The four-year metric is important because that’s typically when people upgrade to new iPhones. Once people stop receiving new software updates, they’re more likely to buy a …read more […]
U.S. and Chinese trade negotiators are working on nailing down a Phase 1 trade deal text for their presidents to sign next month, U.S. Treasury Secretary Steven Mnuchin said on Wednesday, adding that he was prepared to travel to Beijing for more meetings if necessary.
Q3 2019 Bank of New York Mellon Corp Earnings Call …read more […]
Just next to Ho Chi Minh City’s financial district, two dozen street vendors’ stalls display colorful adverts for e-wallets backed by private equity firm Warburg Pincus, ride-hailing firm Grab and Singapore sovereign wealth fund GIC, among others.
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