Posts filtered by tags: Money[x]


 

ProSieben sees pressure easing as Netflix raises prices

ProSiebenSat.1 Media believes that price increases by U.S. streaming giant Netflix could ease competitive pressures on the German group's core TV business and is bullish on growth at its e-commerce arm, CEO Max Conze said.
Tags: Money, Netflix, businessNews, Max Conze, ProSieben


Sports Direct's Ashley in talks for music retailer HMV: Sky

Sports Direct boss Mike Ashley is in talks to rescue music retailer HMV from administration, Sky News reported on Sunday, saying he had held talks with music and industry suppliers to the business.
Tags: Money, HMV, businessNews, Mike Ashley, Sky News, Ashley


Rheinmetall plans to sue Germany over Saudi arms embargo: Spiegel

German weapons maker Rheinmetall plans to sue the government over its decision to stop all arms exports to Saudi Arabia after the killing of journalist Jamal Khashoggi, Spiegel Online reported on Sunday.
Tags: Money, Saudi Arabia, Germany, businessNews, SPIEGEL, SPIEGEL ONLINE, Rheinmetall, Jamal Khashoggi


Ghosn may have had questionable ethics, co-chair of external Nissan probe says

The co-chair of a committee set up by Japanese automaker Nissan Motor Co to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn said he believed Ghosn may have had questionable ethical standards.
Tags: Money, businessNews, Nissan, Ghosn, Carlos Ghosn, Nissan Motor Co


Nissan special committee says carmaker suffered from poor governance

A special committee set up by Nissan Motor Co to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn on Sunday said it appeared that the Japanese carmaker suffered from poor governance procedures, including director compensation.
Tags: Money, businessNews, Nissan, Carlos Ghosn, Nissan Motor Co


Small electric cars may be unaffordable for some: VW chairman to newspaper

The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the chairman of Volkswagen said in an interview published on Sunday.
Tags: Money, businessNews, Vw, Volkswagen


Kuwait announces initiative for $200 million technology investment fund

Kuwait is launching an initiative to create a $200 million fund for investments in technology, its foreign minister said at an Arab economic summit in Beirut on Sunday.
Tags: Money, businessNews, Beirut, Kuwait


Sorrell's S4 Capital seeks more deals in digital-only drive

Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalise on the disruption sweeping the industry by pursuing a pure-play digital strategy.
Tags: Money, businessNews, Martin Sorrell, Sorrell, S4 Capital


SBI says lenders awaiting SEBI decision on Etihad offer for Jet Airways: paper

The State Bank of India (SBI)-led consortium of lenders is waiting for the Securities and Exchange Board of India (SEBI) to decide on a bailout offer by Etihad Airways for the financially stressed Jet Airways, SBI Chairman Rajnish Kumar said, the Business Standard reported on Saturday.
Tags: Money, businessNews, Etihad, Jet Airways, Etihad Airways, SEBI, Securities and Exchange Board of India SEBI, SBI, Business Standard, State Bank of India SBI, Rajnish Kumar, Jet Airways SBI


Government sacks PNB executives for lapses in $2 billion fraud in first firings: sources

The government has sacked two executives of the state-run Punjab National Bank (PNB) for allegedly failing to prevent a $2 billion fraud, two sources said on Sunday, nearly a year after the country's biggest bank scam came to light and also dragged the government into the controversy.
Tags: Money, businessNews, PNB, Punjab National Bank PNB


Government sacks two PNB executives for alleged lapses in $2 billion fraud: sources

Government has sacked two senior executives of the state-run Punjab National Bank (PNB) for allegedly failing to prevent a $2 billion fraud, two sources with direct knowledge of the matter said on Sunday, nearly a year after the country's biggest bank scam came to light.
Tags: Money, businessNews, PNB, Punjab National Bank PNB


China set to post slowest growth in 28 years in 2018, more stimulus seen

China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown.
Tags: Money, China, Beijing, businessNews


Kuwaiti oil minister calls sector spending plans 'optimistic': newspaper

Kuwaiti oil minister Khaled al-Fadhel wants the funds allocated by the oil sector for spending within the 2040 strategy to be reconsidered, Al Rai newspaper reported on Saturday.
Tags: Money, businessNews, Al Rai, Khaled al Fadhel


Paris informs Tokyo it wants Renault and Nissan to integrate: Nikkei

A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, the Nikkei reported on Sunday.
Tags: Money, businessNews, Paris, Tokyo, Nissan, Renault


GM warns workers in Brazil on losses, tough turnaround plan

General Motors Co has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday.
Tags: Money, businessNews, Gm, Brazil, Reuters, General Motors Co


Trump says deal 'could very well happen' with China

U.S. President Donald Trump said on Saturday there has been progress toward a trade deal with China, but denied that he was considering lifting tariffs on Chinese imports.
Tags: Money, China, businessNews, Donald Trump, Trump


Trump says a deal 'could very well happen' with China

U.S. President Donald Trump said on Saturday progress is being made toward a trade deal with China and denied that he was considering lifting tariffs on Chinese products.
Tags: Money, China, businessNews, Donald Trump, Trump


HDFC Bank's profit up 20 percent in third quarter

HDFC Bank, India's biggest lender by market value, reported a 20.31 percent rise in third-quarter net profit on Saturday, lifted by higher interest and fee income.
Tags: Money, businessNews, HDFC Bank, HDFC Bank India


Malaysia court rules in favour of Wynn Macau in $4.2 million case: lawyer

A Malaysian judge on Friday ruled in favour of Wynn Macau in a case against a fund manager who owed the casino millions of dollars, the company's lawyer said, the first time a casino has been allowed to recover dues in the country.
Tags: Money, businessNews, Malaysia, Wynn Macau


Tencent weighing bid for holding company behind Korea's Nexon: sources

Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South Korean gaming company Nexon, two sources with knowledge of the matter told Reuters.
Tags: Money, businessNews, Korea, Tencent, Nexon, Tencent Holdings Ltd


In Davos, Brazil's Bolsonaro to tout reforms, trade liberalization

Brazil's president will outline his government's economic reform agenda and plans to increase trade with the rest of the world during a speech at the World Economic Forum's Annual Meeting in Davos next week, one of his aides told Reuters on Friday.
Tags: Money, Davos, businessNews, Brazil, Reuters, Davos Brazil


Fed policymakers leave little doubt - Rate hikes can wait

"Patience" is the new mantra at the Federal Reserve, less than two weeks ahead of the U.S. central bank's first policy meeting of the new year, as officials leave little doubt they want to stop raising interest rates - at least for a while.
Tags: Money, businessNews, Federal Reserve, Fed


Explainer - How U.S.-China talks differ from any other trade deal

The trade deal that U.S. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than a traditional trade pact.
Tags: Money, China, businessNews


Global Markets - Stocks rally on trade hopes, dollar has first weekly gain of 2019

World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight to the U.S.-China trade conflict.
Tags: Money, China, businessNews, Global Markets Stocks


Exclusive: U.S. demands regular review of China trade reform

The United States is pushing for regular reviews of China's progress on pledged trade reforms as a condition for a trade deal - and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two nations.
Tags: Money, China, Beijing, businessNews, United States


Wall Street extends rally on U.S.-China trade optimism

U.S. stocks rose on Friday as increased hopes that the United States and China would resolve their trade dispute lifted shares across sectors.
Tags: Money, China, businessNews, United States


ArcelorMittal to build its first ever desalination plant in Brazil - executives

ArcelorMittal SA , the world's largest steelmaker, is set to build its first-ever desalination unit in Brazil to handle unforeseen water needs at its plant in the eastern state of Espírito Santo, senior company executives said in an interview on Friday.
Tags: Money, businessNews, Brazil, Espirito Santo, ArcelorMittal, ArcelorMittal SA


U.S. consumer sentiment at two-year low, manufacturing rebounds

U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth.
Tags: Money, businessNews, Donald Trump


Explainer - How pressing is Lebanon's financial challenge?

Financial strains in Lebanon have been brought into focus by turbulence on markets where its dollar-denominated sovereign bonds suffered a heavy sell-off last week following comments by the finance minister about the public debt.
Tags: Money, businessNews, Lebanon


Should You Convert to a Roth During a Down Market? 

If you’re a high earner or invest in a traditional IRA, you might be planning to convert your account to a Roth for some tax savings and easy access to your contributions, depending on your circumstances. When to convert, though, is a question with a million different considerations. There’s no perfect time, of…Read more...
Tags: Personal Finance, Money, Retirement, Investing, Ira, Lifehacks, ROTH IRA