Japan’s markets watchdog said on Tuesday it has recommended that the country’s financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over the underreporting of former Chairman Carlos Ghosn’s compensation.
Cboe Global Markets has agreed to buy EuroCCP, giving the exchange operator full control over the equity clearing house.
British engineering company Rolls-Royce said Bradley Singer, a representative of its largest shareholder the activist investor ValueAct Capital, has resigned from its board.
Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Sterling’s rally will be limited even if U.K. Prime Minister Boris Johnson wins a parliamentary majority in the general election and finds a way to pass the withdrawal bill by Jan. 31. That’s because the clock is ticking on a trade agreement in a transition period that runs out at the end of 2020. Any longer-term economic and Brexit uncertainty can increase the chance of a Bank of England rate cut next year, which would weigh on the currency and prop up …read more […]
France’s markets watchdog AMF said on Tuesday it has fined U.S bank Morgan Stanley 20 million euros ($22.04 million) for sovereign bonds manipulation.
Cboe Global Markets has agreed to buy EuroCCP, giving the exchange operator full control over the equity clearing house. Cboe, one of the world’s largest exchange holding companies, plans to fund the deal, which is expected to close in the first half of 2020, with cash on hand, the company said. The takeover continues a spate of activity among market infrastructure operators in Europe, with Switzerland’s stock exchange SIX and Euronext vying to buy Spain’s BME , while London Stock Exchange Group has agreed a deal to take on data and analytics company Refinitiv. …read more […]
Japan’s markets watchdog said on Tuesday it has recommended that the country’s financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over the alleged underreporting of former Chairman Carlos Ghosn’s compensation.
Malaysian Prime Minister Mahathir Mohamad has vowed to bring back billions of dollars allegedly stolen from state fund 1Malaysia Development Bhd (1MDB), co-founded by his predecessor Najib Razak.
Tufner to use AR eCommerce platform to drive its online marketing and eCommerce activities NEW YORK and TORONTO, Dec 10, 2019 — NexTech AR Solutions (NexTech) (otcqb:NEXCF) (NTAR)(N29), the leader in augmented reality (AR) for […]
– Amazon.com Inc said in a legal complaint unsealed on Monday that it had lost a $10 billion cloud computing contract with the Pentagon because President Trump used “improper pressure” to divert the contract from the company to harm its chief executive, Jeff Bezos. – Four months before the first deadly crash of Boeing Co’s 737 Max, a senior manager approached an executive at the company with concerns that the plane was riddled with production problems and potentially unsafe. – A war of words erupted on Monday between The Atlanta Journal-Constitution and Warner Bros over “Richard Jewell,” a …read more […]
Asian equity markets eased slightly on Tuesday, tracking Wall Street declines as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect.
Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said.
(Bloomberg) — A year after a rare bullish call on oil, Saudi Arabia isn’t counting on much of an uplift from crude prices in 2020.The world’s biggest oil exporter has designed next year’s budget under the assumption that Brent will average about $65 per barrel, according to calculations by Ziad Daoud, Bloomberg’s chief economist in the Middle East. That’s barely higher than where the global benchmark crude traded on Tuesday and compares with a price of $80 that was originally built into Saudi Arabia’s public finances for 2019. Saudi Arabia doesn’t disclose its oil-price assumption.Analysts see Brent at just under …read more […]
December is always a month of suspense on Wall Street, as dealmakers, traders and money managers at big U.S. banks wait to find out how much they will receive in bonuses.
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