Top China official bringing 'caring heart' to Hong Kong
Top China official bringing 'caring heart' to Hong Kong By Afp Published: 01:42 EST, 17 May 2016 | Updated: 01:42 EST, 17 May 2016 One of China's most powerful officials tells Hong Kong he brings a "caring heart", in a conciliatory start to a visit Tuesday that has stirred anger in a city that resents Beijing's tightening grip.The three-day trip by Zhang Dejiang, who chairs China's communist-controlled legislature, is the first by such a senior official in four years and comes as con..>> view originalOil extends gains, US crude at seven-month high on supply concerns
TOKYO Oil futures rose for a second straight session on Tuesday, with U.S. crude hitting a seven-month high, as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices. Crude oil prices have rallied for most of the past two weeks due to a combination of Nigerian, Venezuelan and other outages, declining U.S. output and curtailments of Canadian crude after fires in Alberta's oil sands region.U.S. West Texas Intermediat..>> view originalExpect a flood of class-action suits, says Ballard's Alan Kaplinsky
New consumer-protection rules expected to take effect next year will unleash a flood of suits against banks, credit card firms and others, says a lawyer who has been battling for financial service clients for much of his career. Alan Kaplinsky, head of Ballard Spahr's financial services group, said a proposal by the federal Consumer Financial Protection Bureau to drop a prohibition on class-action lawsuits in many credit card and banking contracts would spur plaintiffs lawyers to sue. "We ar..>> view originalBuffett Heirs Bet on Apple -- WSJ
Shutterstock photo Potential successors made $1 billion wager, a rare foray into tech for Berkshire Hathaway Anupreeta Das Warren Buffett's Berkshire Hathaway Inc. disclosed Monday that it had made a $1 billion bet on Apple Inc. stock earlier this year, boosting the iPhone maker's market value by more than $18 billion. But to the cottage industry that fervently follows the world's most famous investor, it just didn't seem like a move Mr. Buffett would make. Mr. Buffett ha..>> view originalVodafone Beats Views With 2.5% Quarterly Network Sales Gain
Wireless carrier Vodafone Group Plc reported quarterly sales growth on its network that beat estimates, helped by improved results in several key European markets.Organic service revenue, which includes customer fees but excludes handset sales, rose 2.5 percent in the three months through March 31, Newbury, England-based Vodafone said Tuesday in a statement. Adjusted for one-time factors such as the leap year, service revenue rose 1.8 percent.Analysts surveyed by Bloomberg expected 1.5 percent ..>> view originalICBC Buys High-Profile Gold Vault -- WSJ
Shutterstock photo By Ese Erheriene LONDON -- ICBC Standard Bank PLC said on Monday it is buying a precious-metals vault from Barclays PLC's, in the latest move by the Chinese bank to increase its role in the market's infrastructure. The move makes parent ICBC, the world's biggest bank by assets, the first Chinese lender to own a vault in London and extends its influence in precious metals from pricing to storage. With China the largest consumer of many metals, the country's banks ha..>> view originalAsian shares recover after Apple, oil boost Wall Street
TOKYO Asian shares recovered from two-month lows on Tuesday after a rebound in technology giant Apple Inc and oil price gains boosted Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.8 percent, extending the recovery from its two month low set on Friday. Japan's Nikkei .N225 gained about 1.1 percent.European shares are seen opening higher with spread-betters expecting 0.3-0.4 percent gains in Europe's major bourses. Euro stoxx 50 futures STXEc1 open..>> view originalThe True Cost Of Prop 1 For Austinites: $29M, Jobs, Funding And Lives
Why pilots union sued Southwest Airlines to keep Boeing 737 MAX grounded
Southwest Airlines and its pilots union have been negotiating a new contract since 2012. A tentative agreement reached last year was soundly rejected by union members. (Jae S. Lee/Staff Photographer) Southwest Airlines’ pilots union filed a federal lawsuit Monday seeking to block the Dallas-based airline from flying new Boeing 737s set to arrive next year until a new contract agreement between the two sides is reached.Related The lawsuit is the latest front in an ongoing labor battle that has es..>> view originalWith an eye on rising fuel prices, Delta slows its expansion plan for 2016
Delta Air Lines is throttling back its expansion plans for the second half of this year to stave off any impact that rising fuel prices and a weak European economy might have on its revenue, the company said Monday. The Atlanta-based carrier also said it will delay taking delivery of four new widebody aircraft by a year or two in order to better match its "expected pace of international market improvement," in a filing presentation prepared for investors. The move is on par with Delta's reputat..>> view original
Tuesday, May 17, 2016
Top China official bringing 'caring heart' to Hong Kong and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment