Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of economic sanctions by the United States.
Global stocks rose on Monday amid optimism over planned trade talks between the United States and China, while Turkey’s lira fell after its credit ratings were downgraded and shots were fired outside the U.S. embassy in Ankara.
In late July, a lavish fireworks display lit up Osaka’s skies in the finale to one of Japan’s most famous festivals, courtesy of a first-time sponsor: Macau casino operator Melco Resorts and Entertainment Ltd .
The UK’s Financial Reporting Council has fined accountants KPMG three million pounds and reprimanded and fined senior partner Michael Francis Barradell for misconduct related to auditing of British fashion retailer Ted Baker’s accounts.
PepsiCo Inc said on Monday it would buy Israel-based Sodastream , which makes fizzy drink-making household devices, in a deal valued at $3.2 billion.
Aug.20 — China is ready to increase imports of Malaysian goods, especially palm oil. The two countries signed deals that would improve trade between them. Bloomberg’s Tom Mackenzie reports on “Bloomberg Markets: Asia.” …read more […]
Most Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-U.S. trade talks and the Chinese yuan rallied away from alarming lows.
A broad cross-section of U.S. businesses has a message for the Trump administration: new tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to coffins.
Embattled commodity trader Noble Group Ltd said on Monday that its founder, Richard Elman, will not take up a previously announced position as an executive director in the restructured company, citing “personal reasons”.
Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-U.S. trade talks and the Chinese yuan rallied away from dangerous lows.
Aug.19 — Tesla plunged Friday, capping its worst week since 2016 after the New York Times reported Elon Musk frequently teared up in an interview as he discussed the personal strain of leading the electric-car maker, and also detailed his frequent use of a sleep-aid drug. Bloomberg’s Su Keenan reports on “Bloomberg Daybreak: Australia.” …read more […]
For decades, Michael Drweiga has opened his wallet whenever the donation basket comes around at church, but the latest revelations of priests sexually abusing children brought him to the conclusion that he can no longer justify giving. Brice Sokolowski helps small Catholic nonprofits and churches raise money, but he too supports the recent calls to withhold donations. Across the U.S., Catholics once faithful with their financial support to their churches are searching for ways to respond to the constant sex-abuse scandals that have tarnished the institution in which they believe, with back-to-back scandals in the past two months. …read more […]
U.S. authorities investigating whether President Donald Trump’s former personal lawyer, Michael Cohen, committed bank and tax fraud are focusing on more than $20 million of loans obtained by taxi businesses owned by him and his family, the New York Times reported. Federal investigators are also looking at whether Cohen violated campaign finance or other laws by helping arrange financial deals to secure the silence of women claiming they had affairs with Trump, the paper said, citing people familiar with the matter. The total of the bank loans under scrutiny hasn’t been previously reported. …read more […]
By Henning Gloystein SINGAPORE (Reuters) – Oil prices dipped on Monday as concerns over slowing economic growth weighed on markets. International Brent crude oil futures (LCOc1) were at $71.78 per barrel … …read more […]
Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-U.S. trade talks, while keeping a wary eye on the Chinese yuan and Turkish lira for any new signs of strain.
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