Business News
JPMorgan targets Asia’s growing wealth with Singapore trust company
JPMorgan Chase & Co. has set up a trust company in Singapore, its first in Asia, to cater for a growing cadre of ultra-wealthy individuals in the region.
Year: 2019
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Chevron CEO Mike Wirth Bemoans California Home While Praising Texas
(Bloomberg) — Chevron Corp. may be based in California, but Chief Executive Officer Mike Wirth had little praise for the state as he lauded the Texas business environment during an event in Houston on Wednesday.The Chevron boss hailed Texas’s resource base, its skilled workforce and overall business environment while criticizing policies back in the Golden State in a wide-ranging fireside chat at a gathering organized by the Greater Houston Partnership. He also committed Chevron to reducing flaring and methane emissions in the Permian Basin and vowed to increase diversity among the company’s senior leaders.“The policies in California have become pretty …read more […]
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The of Bridgeline Digital, Inc. (NASDAQ:BLIN), Ziyad Binsalamah, Just Bought 66% More Shares
Whilst it may not be a huge deal, we thought it was good to see that Ziyad Binsalamah, who is a company insider… …read more […]
Business News
Oil prices dip despite latest U.S.-China trade talks
Oil prices dipped on Thursday as the U.S.-China trade war continued to cloud prospects for the global economy and fuel demand despite a resumption in talks seeking a resolution to the 15-month conflict.
Business News
Dollar takes a dive, euro catapulted higher as U.S.-China talks start
A dive in the dollar catapulted the euro higher and flattened stocks on Thursday, as the first U.S.-China trade talks since July and a report accusing the European Central Bank chief Mario Draghi of going rogue jostled for attention.
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Liquidity Provider B2C2 Launches Gold Derivative Settled in Bitcoin
The U.K.-licensed firm’s new product allows clients to synthetically trade gold against bitcoin and aims to capitalize on a growth in haven assets. …read more […]
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UPDATE 1-Turkish lira weakens after Turkey launches Syria ground assault
Turkish troops were attacking a Kurdish militia in Syria which Ankara regards as a terrorist organisation, pounding them with air strikes and artillery before starting a cross-border ground operation. The lira has come under pressure since the White House announced the withdrawal of some U.S. troops from the Syrian region near Turkey’s border. Investors are concerned about proposed U.S. sanctions on Turkey following the start of the incursion, including targeting Ankara’s military transactions and U.S. assets of President Tayyip Erdogan. …read more […]
Business News
WeWork to open new co-working sites in Singapore and Manila
Office-sharing startup WeWork will open new locations in Singapore and the Philippines this year, it said, even as it seeks a $1 billion lifeline from its biggest-backer Softbank Group Corp for a major restructuring.
Business News
Power cut to millions as California faces heightened wildfire risks
Electricity was shut off to nearly 750,000 California homes and workplaces on Wednesday as Pacific Gas and Electric Co (PG&E) imposed a string of planned power outages of unprecedented scale to reduce wildfire risks posed by extremely windy, dry weather.
Business News
Apple pulls police-tracking app used by Hong Kong protesters after consulting authorities
Apple Inc has removed an app that helped Hong Kong protesters track police movements, saying it was used to ambush law enforcement – a move that follows sharp criticism of the U.S. tech giant by a Chinese state newspaper for allowing the software.
Business News
Pompeo says China’s treatment of Muslims ‘enormous human rights violation’
U.S. Secretary of State Mike Pompeo said on Wednesday that China’s treatment of Muslims, including the Uighurs, in western China was an “enormous human rights violation” and Washington will continue to raise the issue.
Business News
Houston Rockets Nike merchandise disappears from China stores
Houston Rockets sneakers and other merchandise were pulled from several Nike stores in major Chinese cities amid the furor surrounding a tweet from the team’s general manager in support of anti-government protests in Hong Kong.
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COSCO unit's tanker delivers oil to Exxon in Singapore
A supertanker owned by a subsidiary of COSCO Shipping Tanker (Dalian), under U.S. sanctions for allegedly transporting Iranian oil, has docked in Singapore to discharge Middle East crude, shipping data on Refinitiv Eikon showed on Thursday. The tanker is owned by Pan Cosmos Shipping & Enterprises Co, which is a fully owned subsidiary of COSCO Dalian, a document issued by Cosco Shipping Energy Transportation on Oct. 1 shows. …read more […]
Business News
LVMH eases fears over Hong Kong hit, lifting luxury stocks
Shares in LVMH rose on Thursday, lifting other European luxury goods stocks as the Louis Vuitton owner’s stronger-than-expected sales update eased fears of any major fallout from protests in Hong Kong on high-end brands.
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Is Heineken N.V.'s (AMS:HEIA) 13% ROE Better Than Average?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will… …read more […]