Recent Posts - page 518

• U.S. Administration looking at CalPERS holding in Chinese defense firms: U.S. national security adviser

  By admin1 on March 12, 2020 • ( 0 )

  

  The U.S. Administration is “looking at” investments made by the California Public Employees’ Retirement System (CalPERS) in Chinese military companies, said U.S. national security adviser Robert O’Brien. O’Brien’s comments come midst U.S. charges of massive Chinese espionage in the United… Read More ›

• Carl Icahn increases stake at Occidental Petroleum to nearly 10%

  By admin1 on March 12, 2020 • ( 0 )

  

  According to a report by the Wall Street Journal, activist investor Carl Icahn has increased his stake in Occidental Petroleum Corp to nearly 10% as he scales up his fight to take control over the oil producer. As of the… Read More ›

• CME Group closes trading floor on coronavirus concerns

  By admin1 on March 12, 2020 • ( 0 )

  

  Exchange operator CME Group Inc stated, it would close its Chicago trading floor after business hours on Friday in order to reduce potential exposure to China’s coronavirus which has gone pandemic. China’s coronavirus, which began in Wuhan where Beijing has… Read More ›

• Eric Martel to replace Alain Bellemare as Bombardier’s CEO

  By admin1 on March 12, 2020 • ( 0 )

  

  In a statement late on Wednesday, Bombardier Inc said, its CEO Alain Bellemare, would be leaving the company. Eric Martel, CEO of hydropower producer Hydro-Quebec would be replacing Bellemare effective from April 6.

• $39 Billion Spending Package Announced By The UK To Tackle Coronavirus Slowdown

  By admin2 on March 11, 2020 • ( 0 )

  

  The United Kingdom government has just announced a package worth billions of pounds to cushion the economic fallout on its economy and businesses because of the spread of the coronavirus. This announcement was made by the country’s finance minister on… Read More ›

• ECB’s Lagarde Warns Of A 2008 Like Crash In Europe Du Rot Coronavirus

  By admin2 on March 11, 2020 • ( 0 )

  

  Unless strong economic support was provided by the governments of the various member countries in the European Union, Europe as a region will plunge into an economic downturn similar to the 2008 financial meltdown because of the economic fall out… Read More ›

• Coronavirus Could Infect Upto 70% Of Germany, Says Chancellor Merkel

  By admin2 on March 11, 2020 • ( 0 )

  

  About 58 million German residents – which is about 70 per cent of the population of Germany could contact the coronavirus, warned German Chancellor Angela Merkel. This warning was issued by her during a news conference on Wednesday which she… Read More ›

• Tesla scouting for new U.S. Gigafactory in central U.S.

  By admin1 on March 11, 2020 • ( 0 )

  

  Testla Inc is looking for a new U.S. location to build its Cybertruck Gigafactory. In a tweet, Tesla’s Chief Executive Officer, Elon Musk said, he was looking for locations in the central United States to build the company’s new Gigafactory… Read More ›

• BoeE coordinating with MoF to get max economic impact: BoE Governor

  By admin1 on March 11, 2020 • ( 0 )

  

  On Wednesday, Bank of England’s Governor Mark Carney disclosed, the central bank was coordinating with Britain’s finance minister to ensure that the surprise cut in interest rates as well as other measures that were announced today had their maximum intended… Read More ›

• JPMorgan Chase likely to trim 140 jobs in Switzerland

  By admin1 on March 10, 2020 • ( 0 )

  

  According to a report by Swiss financial news site Finews, JPMorgan Chase & Co is considering cutting up to 140 jobs in Switzerland in an effort to trim costs. According to the report, the cuts would mainly affect its Geneva… Read More ›

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