U.S. financial services provider State Street Corporation opened a new office in Abu Dhabi on Monday, expanding in the United Arab Emirates as it eyes growth prospects in the Middle East region.
Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in one year to concentrate on philanthropy and education, passing on the reins to trusted lieutenant Daniel Zhang.
Luxury carmaker Aston Martin announced the appointment of a non-executive chairwoman on Monday alongside a series of other proposed roles as it confirmed its intention to pursue an initial public offering.
Chinese company Geely [GEELY.UL] is delaying the listing of Volvo Cars due to valuation concerns amidst a global trade war, the Financial Times reported.
The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing confusion in the markets over whether the products are exchange-traded funds (ETFs). The SEC said in a statement that trading in Bitcoin Tracker One and Ether Tracker One would be halted in the United States until at least Sept. 20. The products promise to track the price of the cryptocurrencies, less fees. …read more […]
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November.
Sep.09 — Kieran Calder, head of equity research for Asia at Union Bancaire Privee, discusses the trade tensions between the U.S. and China and its impact on China. He speaks on “Bloomberg Markets: Asia.” …read more […]
NEW YORK (AP) — CBS Chief Les Moonves resigned Sunday, just hours after six more women accused the veteran television executive of sexual misconduct. …read more […]
Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in exactly one year on Sept. 10, 2019, the company said.
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November.
Asian shares started the week in the red on Monday, faltering for the eighth straight day while the dollar held on to recent gains as U.S. President Donald Trump raised the stakes in the heated trade dispute with China.
Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in exactly one year on Sept. 10, 2019, the company said.
Sep.09 — Kim Jong Un presided over a tempered military parade, in a sign that he wants to revive stalled nuclear talks. U.S. President Donald Trump praised Kim for the parade’s reported lack of nuclear weapons, calling it a “big and very positive statement.” Bloomberg’s Peter Pae reports. …read more […]
Oil prices rose on Monday as the number of U.S. rigs drilling for new production was cut last week and as the market is expected to tighten once U.S. sanctions against Iran’s crude exports kick in from November.
Toyota Motor Corp said on Monday its transmission factory in northern Japan was preparing to resume production some time during the night shift starting at 8:30 p.m. (1130 GMT), after a powerful quake halted work last week.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
