Jan.21 — Chew Shou Zi, chief financial officer and senior VP and president of international at Xiaomi, discusses the company’s global supply chain and launching 5G technology in China. He speaks with Bloomberg’s Haslinda Amin at the World Economic Forum’s annual meeting in Davos, Switzerland on “Bloomberg Markets: European Open.” (Corrects guest’s title to CFO in headline.) …read more […]
Risk and reward are two of the most commonly used words in investing. The two are symbiotic and complement each other perfectly. Where there is more risk, the reward is likely to be more abundant. Of course, the equation works the other way too: less risk, probably less reward.The thesis is simple: a company such as Google is likely a pretty safe place for an investment. But with a market cap of $1 trillion, how much value can the company add to its share price? On the other hand, investing in a fledgling biotech with life-changing treatments in the pipeline …read more […]
Global shares took a beating on Tuesday, wiping out all gains made at the start of the week as mounting concerns about a new strain of coronavirus in China sent a ripple of risk aversion through markets.
Japanese supermarket chain Aeon Co Ltd , Asia’s biggest retailer by sales, said it aims to start selling eco-certified sushi this year amid growing demand for sustainable seafood and in time for an expected surge in tourists during the Tokyo Olympics.
Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China’s Ant Financial.
Jan.21 — John Riady, chief executive officer at Lippo Karawaci, discusses economic growth in Indonesia. He speaks with Bloomberg’s Haslinda Amin at the World Economic Forum’s annual meeting in Davos, Switzerland on “Bloomberg Markets: European Open.” …read more […]
Oil prices fell nearly 1% on Tuesday as investors expected Libya’s oil production to eventually resume following a force majeure declared by the oil exporter on two major oilfields amid a military blockade.
Oil major BP Plc said on Tuesday its finance chief Brian Gilvary will be retiring after eight years in the role, with the announcement coming just two weeks before Bernard Looney takes over as chief executive officer.
British oil major BP Plc said on Tuesday its finance chief Brian Gilvary will be retiring after eight years in the role at the end of June and will be succeeded by Murray Auchincloss.
Oil prices fell nearly one percent on Tuesday as investors expected Libya’s oil production to eventually resume following a force majeure declared by the oil exporter on two major oilfields amid a military blockade.
Facebook will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering center outside the United States after Britain leaves the European Union.
Japanese supermarket chain Aeon Co Ltd , Asia’s biggest retailer by sales, said it aims to start selling eco-certified sushi this year amid growing demand for sustainable seafood and in time for an expected surge in tourists during the summer Olympics.
(Bloomberg Opinion) — In Israel, the 75th anniversary of the liberation of the Auschwitz concentration camp will be marked by somber speeches, moments of silence, the attendance of many world leaders and the notable absence of one: Polish President Andrzej Duda.His absence at the Jan. 23 commemoration is more than just a diplomatic oversight. It has angered senior members of President Donald Trump’s administration and widened a rift between Poland and Israel. U.S. officials tell me that they fear the event itself will be seen as a victory for the Kremlin, which in recent years has sought to push propaganda …read more […]
Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM which wants as much as 49% while Japan Airlines is looking at a 25% stake, sources with knowledge of the matter said.
Jan.20 — Tim Moe, chief Asia-Pacific equity strategist at Goldman Sachs, discusses the risk-off mood in Asian markets and his outlook for markets in Hong Kong. He speaks with Bloomberg’s Stephen Engle on “Bloomberg Markets: Asia” from the sidelines of the Goldman Sachs Global Macro Conference Asia Pacific in Hong Kong. …read more […]
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