Google is teaching girls that their path to “financial freedom” lies in “complaining to HR,” the managing director of a Peter Thiel investment fund said on Tuesday, drawing sharp criticism on social media. The comments, made by Eric Weinstein, the managing director of Thiel Capital, come after Google fired engineer James Damore for circulating a […]
Read moreCurrency, United States Finance
Standard Life CEO planning for hard Brexit, renews interest in move to Dublin
The asset management firm Standard Life is looking at Ireland as its European base for when the United Kingdom leaves the European Union, its CEO told CNBC Tuesday. “Certainly, we are looking to put our MiFID company into Ireland,” Keith Skeoch, chief executive officer of Standard Life, told CNBC, referring to the financial regulation framework […]
Read moreState oil company Saudi Aramco will cut crude oil allocations to its customers worldwide in September by at least 520,000 barrels per day, an industry source familiar with the matter told Reuters on Tuesday. The cuts in allocations are in line with Saudi Arabia’s commitments with the OPEC-led supply reduction pact, under which the top […]
Read moreIndian movie production house Eros is in early talks with Apple, Amazon and Netflix to sell its film and music library, a source familiar with the matter said. Global content streaming companies are jockeying to boost their Indian television, movie and music offerings in the world’s fastest growing Internet services market. The Eros library includes […]
Read moreThe U.S. dollar index has fallen by around 9 percent since the start of the year but that could be about to change, according to strategists at Wells Fargo, who suggest the stocks and sectors which could be positively affected amid the move higher. Disappointing economic data, political uncertainty and positive developments abroad have sent […]
Read moreMore than 220,000 people have signed a petition against French President Emmanuel Macron’s plans to create a formal first lady role for his wife Brigitte. Unlike the U.S. first lady, the wife of the French president does not have a formal role, although they are often informal champions for charitable causes. Past presidential wives have […]
Read moreAmerican CEOs have been quick to support strong U.S.-India relations as many see the rising economy as a source of future growth — especially as China slows down. A notable group of CEOs and executives led by Cisco Executive Chairman John Chambers just started a new organization called the U.S.-India Strategic Partnership Forum. The group […]
Read moreMazda Motor Corp. said it would launch a new engine in 2019 that it says would be the world’s first commercial gasoline engine to use compression ignition, unveiling a plan that places traditional engines at the center of its longer-term strategy. As many automakers scramble to get into the electric car segment, the Japanese automaker […]
Read moreStung by the latest round of United Nations sanctions, North Korea is likely on the lookout to expand its illicit trade outlets. But countries who previously did business with the rogue state may now be less inclined to make new deals. Pyongyang props up its nuclear program with income from the sale of various illegal […]
Read moreMoody’s Investors Service cut the outlook for Qatar’s banking system to negative from stable on Tuesday amid a continuing blockade of the country by its neighbors. Qatar has faced a two-month-long economic embargo imposed by a group of fellow Gulf Cooperation Council countries, including Saudi Arabia. The Saudi-led group has presented Qatar with a list […]
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