Mois : février 2019

Australian shares set to edge higher; NZ flat

March 1 () – Australian shares are set to edge higher on Friday, with mining stocks expected to gain on higher commodity prices, while uncertainty over a possible U.S.-China trade deal weighs on investor sentiment. The local share price index futures rose 0.1 percent, a 14-point discount to the underlying S&P/ASX 200 index close. The

Dell revenue rises 9 pct in first report as public company

FILE PHOTO: A Dell logo is seen in this illustration picture taken in Sarajevo, Bosnia and Herzegovina, October 12, 2015. /Dado Ruvic() – Dell Technologies Inc reported on Thursday a nearly 9 percent rise in quarterly revenue in its first earnings report since a return to public markets, lifted by demand for its servers and

BNP Paribas Fortis to cut between 800 and 1,000 jobs – Les Echos

PARIS () – BNP Paribas’ Belgian subsidiary is about to cut between 800 and 1,000 jobs following talks with unions, French newspaper Les Echos reported on its website on Thursday. The French bank’s subsidiary, BNP Paribas Fortis, employs about 13,000 people and is Belgium’s number one lender. Spokespeople at BNP Paribas were not immediately available

Google workers support proposed U.S. laws to curb mandatory arbitration

SAN FRANCISCO () – Six Google employees on Thursday joined U.S. lawmakers to support bills that would ban mandatory arbitration in employment and consumer contracts, as the workers seek to build on recent success in getting the Alphabet Inc company to drop some arbitration provisions. FILE PHOTO: The Google logo is pictured at the entrance

UPDATE 2-U.S. Embassy seeks meeting with Swedish watchdog on Swedbank

STOCKHOLM () – The U.S. embassy in Sweden has asked the country’s financial watchdog FI for a meeting to discuss allegations about Swedbank’s involvement in a Baltic money-laundering scandal. FILE PHOTO: A woman walks past a Swedbank branch in Riga October 21, 2014. /Ints Kalnins/File PhotoThe move raises questions whether the U.S. authorities will seek

UPDATE 2-Uber, Lyft to offer some drivers shares in stock market listing

() – Uber Technologies Inc and Lyft plan to offer cash bonuses to some of their most active drivers with the option to purchase shares in the ride-hailing firms’ highly anticipated Wall Street debuts, a bold effort to improve driver relations as the companies transition to the public markets. FILE PHOTO: Uber’s logo is displayed

UPDATE 1-Mozambique files case against Credit Suisse in London’s High Court

JOHANNESBURG/MAPUTO () – Mozambique has filed a case in London’s High Court against Credit Suisse, according to court records and a source in Mozambique’s Attorney General Office. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch in Winterthur, Switzerland November 2, 2017. /Arnd WiegmannThe global investment bank, three of its

Big U.S. pension funds ask electric utilities for decarbonization plans

BOSTON () – Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, hoping market shifts and falling prices for renewable energy have already made executives and directors receptive to the goal. FILE PHOTO: Wind turbines generate power at

European watchdog finds draining ‘dark’ trading pools a temporary fix

LONDON, Feb 28 () – European attempts to shift share trading from so-called dark pools, trading venues which match buyers and sellers away from regulatory scrutiny, have had limited success, a report by the European Securities and Markets Authority (ESMA) shows. The European Union’s Markets in Financial Instruments Directive, known as MiFID II, last March

Ukraine president tries to salvage corruption law as tough election looms

KIEV () – Ukrainian President Petro Poroshenko proposed fresh legislation on Thursday aimed at fighting corruption, after the constitutional court threw out a previous anti-graft law, raising concerns that the country was backtracking on the issue. FILE PHOTO: Ukrainian President Petro Poroshenko addresses lawmakers during a session of parliament in Kiev, Ukraine February 7, 2019.

Patisserie Valerie management placed on leave after rescue – FT

Feb 28 () – Patisserie Valerie’s top management has been placed on leave two weeks after the collapsed cafe chain operator was bought out of administration, according to the Financial Times. Chief Executive Officer Stephen Francis who was appointed in November of last year and former Starbucks executive Rhys Iley who joined as the chief

Uber, Lyft to offer drivers shares in stock market listing -WSJ

() – Ride-hailing firms Uber and Lyft plan to offer cash bonuses to some of its most-active or longest-serving drivers along with the chance to put them into shares from their long-awaited stock market launches, the Wall Street Journal reported on Thursday. FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain,

Norway’s wealth fund ditches 33 palm oil firms over deforestation

KUALA LUMPUR (Thomson Foundation) – Norway’s $1 trillion sovereign wealth fund, the world’s largest, has pulled out of more than 33 palm oil companies over deforestation risks during the last seven years, a green group said on Thursday. Norway’s Government Pension Fund Global (GPFG), which released its annual report on Wednesday, sold stakes in more

Eni, HitecVision team up to bid for Conoco’s North Sea assets – sources

LONDON () – Italy’s Eni has teamed up with private equity firm HitecVision to bid against Chrysaor for ConocoPhillip’s North Sea oil and gas assets, sources close to the process said. Conoco relaunched the sale process in recent weeks after energy and chemicals firm Ineos, privately owned by British billionaire Jim Ratcliffe, abandoned exclusive talks

Lawmakers launch inquiry into future of UK energy investment

LONDON, Feb 28 () – A committee of British lawmakers has launched an inquiry into the outlook for future investment in energy infrastructure in Britain after two nuclear projects were halted, it said on Thursday. Last month, Japan’s Hitachi> put a $28 billion nuclear power project in Britain on hold, dealing a blow to the