Morgan Stanley has fired or placed on leave at least four traders over alleged mismarking of securities that concealed losses of between $100 million and $140 million, Bloomberg reported on Thursday citing people familiar with the matter.
Britain’s Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and holiday season next month.
Q3 2019 freenet AG Earnings Call …read more […]
According to outage monitoring website DownDetector, about 8,000 Facebook users were affected in various parts of the world including the United States and Britain. Several users reported issues like not being able to post pictures and videos on their main feeds and an error message saying “Facebook Will Be Back Soon” appeared on log in attempts. …read more […]
Vinted, an online marketplace for second-hand clothes, has surfed a sustainable fashion wave to become Lithuania’s first technology startup to reach “unicorn” status with a valuation of over $1 billion.
(Bloomberg) — OPEC and its allies sent more signals that they’ll stick with existing output cuts at their meeting next week.A key advisory committee in Vienna heard that the oil market will be balanced in 2020 if the Organization of Petroleum Exporting Countries maintains current production levels, and it didn’t discuss deeper cuts, according to delegates. In Moscow, industry executives who met with Energy Minister Alexander Novak gave no indication they want to change their supply agreement with the cartel.That still leaves OPEC and its allies including Russia and Kazakhstan, collectively known as OPEC+, facing some difficult choices when they …read more […]
Q4 2019 Bank of Nova Scotia Earnings Call …read more […]
Up to five companies active in the cannabis industry could go public in 2020 in Europe, a continent whose stock markets have largely missed out on the North-American “pot stocks” frenzy, a leading industry analyst said on Thursday.
European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the financial crisis.
Many people wait for an opportunity like Thanksgiving to express gratitude for what they have.
Today, Alexander Green shares why it should be a daily habit if you’re hoping to achieve a rich life.
Editor’s Note: Happy Thanksgiving from all of us at Liberty Through Wealth! Yesterday, Mark Ford shared the importance of appreciating the little things in life. Today, Alexander Green continues on that theme of gratitude and how we can (and should) build it into our lives every single day.
I hope you’ll read his thoughts and then take time throughout the day to recognize all the moments – big and …read more […]
Mexican President Andres Manuel Lopez Obrador said on Thursday his government was ready to mediate in a dispute between the owners of airline Interjet and broadcaster Televisa when asked about the financial health of the Mexican carrier. Last weekend, Mexican media reported that judges had ordered bank accounts of the Aleman family, which controls Interjet, to be seized due to a dispute over outstanding debts to broadcaster Televisa relating to the purchase of radio stations. Interjet responded by issuing a statement saying that its accounts had not been seized and that it was operating normally. …read more […]
Louis Dreyfus Co (LDC) has launched a sweeping cost-cutting plan in the latest attempt to revive profits at the 168-year-old family-owned firm, one of the world’s largest agricultural commodity merchants.
Italian fashion house Roberto Cavalli was bought on Thursday by Hussain Sajwani, the chairman of Dubai’s Damac Properties , the companies said, ending a long sale process.
Swiss drugmaker Novartis’s new $90 million cell and gene therapy factory in northern Switzerland is on track to begin commercial production of treatments, including Kymriah for cancer and Zolgensma for spinal muscular atrophy, in 2020.
U.S. online retail giant Amazon is not liable for unwittingly stocking trade mark infringing goods for third-party sellers, but should be diligent in checking whether products are legal, an adviser to Europe’s top court said on Thursday.
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