Asian shares hover near recent highs NZ dollar slips Asian shares hover near recent highs NZ dollar slips: The policies were seen as unfriendly to foreign investment and immigration, and could prove negative for the New Zealand dollar, given the country runs a current account deficit. The kiwi, the world’s […]
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JPMorgan reaches beyond its branches with new mobile account app JPMorgan reaches beyond its branches with new mobile account app: The app, named Finn by Chase, allows people to use a phone to open a bank account, make deposits, issue checks, track spending and set up savings plans, bank officials […]
Fidelity chairman deals with fallout from sexual harassment claims Fidelity chairman deals with fallout from sexual harassment claims: Johnson is addressing inappropriate workplace conduct such as sexual harassment by hiring a consulting firm to review employee behavior stretching back years, the Wall Street Journal reported on Sunday. “Fidelity’s policies specifically […]
Airbus turmoil overshadows bid to rescue CSeries Airbus turmoil overshadows bid to rescue CSeries: The European planemaker secured the deal for Bombardier’s (BBDb.TO) CSeries program by pledging to throw its marketing might behind the loss-making jets, just as the Airbus sales machine reels from falling sales and internal and external […]
Asia shares camp near peaks markets ponder Xi’s speech Asia shares camp near peaks, markets ponder Xi’s speech: The twice-a-decade congress is expected to cement the power of President Xi Jinping, who kicked off the week-long event with a wide-ranging speech in which he said the market would be allowed […]
IBM beats revenue estimates hints at sales growth IBM beats revenue estimates hints at sales growth: Shares of the Dow component rose nearly 5.1 percent to $153.93 in extended trading on Tuesday. IBM has been focusing on cloud, cybersecurity and data analytics, or what the company calls its “strategic imperatives”, […]
Major Sears investor Berkowitz departs board Major Sears investor Berkowitz departs board: The decision by Berkowitz, the head of investor fund Fairholme Capital Management, was not the result of a disagreement over operations, policy or practices, Sears said in a statement. A fund managed by Fairholme Capital Management disposed of […]
HNA Group to invest $7.6 billion in tourism digital transformation China’s HNA Group Co Ltd [HNAIRC.UL] plans to invest 50 billion yuan ($7.6 billion) in tourism and digital transformation, a company executive said on Tuesday. Eric Tong, an HNA Group board member and Chairman of HNA Technology Group, told Reuters […]
NAFTA trade ministers to square off over hard-line U.S. demands NAFTA trade ministers to square off over hard-line U.S. demands: The proposals to drastically reshape the North American Free Trade Agreement to help shrink U.S. trade deficits have cast a pall over the modernization talks, leaving some participants and analysts […]
As the quartet breaks up central banking leadership flux looms As the quartet breaks up central banking leadership flux looms: The leaders of the world’s top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a […]
