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News & Updates

October 14, 2016 IBM, Google, others to unveil new open interface to take on Intel

Source: Reuters

Technology giants IBM Corp, Google and seven others have joined hands to launch an open specification that can boost datacenter server performance by up to ten times, to take on Intel Corp.

October 11, 2016 Bankers’ Love of London Complicates Brexit Relocation Plans

Source: Time

LONDON – As Britain heads for the E.U. exit, financial firms intending to move London-based jobs to continental Europe face a costly choice: offer generous relocation and redundancy packages, or expect a flood of lawsuits from...

October 6, 2016 Paris climate agreement to take effect Nov. 4

Source: Washington Post

UNITED NATIONS — The landmark Paris agreement on climate change will enter into force on Nov. 4, after a coalition of the world’s largest polluters and small island nations threatened by rising seas pushed it past a key threshold...

September 30, 2016 Bond Yields Plunge to Records Then Rebound in Quarter of Drama

Source: Bloomberg

Bond yields plunged to record lows this quarter only to bounce back as the Bank of Japan announced an unprecedented policy of trying to control levels in the debt market.

September 29, 2016 Emerging-Market Assets Advance on Opec Deal as Ringgit Climbs

Source: Bloomberg

Emerging-market stocks rose for a third day and currencies strengthened as a preliminary agreement by OPEC to cut production pushed up energy companies and spurred demand for riskier assets.

September 26, 2016 Luxury firms reel from cooling Chinese demand

China - The strategy hasn't worked in the past year, with a Morgan Stanley index of shares tracking firms with high and sustainable payouts slumping 16 percent, three times more than the Stoxx Europe 600 Index. Higher dividends...

September 21, 2016 A Hanjin Ship Can’t Dock Because It Has No Plan to Leave

Source: Fortune

Failed South Korean cargo line Hanjin Shipping found the money to unload a full container ship waiting outside a New York-area port. But before the vessel was allowed to dock, it faced another problem: a plan to get back out to...

September 19, 2016 Judge Orders All of Hanjin’s Chartered Ships to Be Returned to Owners

Source: Fortune

All Hanjin Shipping chartered vessels that have completed unloading their cargo have been told to cancel their charter agreements and return the ships to the shipowners, a South Korean judge said on Monday.

September 19, 2016 City banks may lose EU rights after Brexit, Bundesbank boss warns

Source: Daily Mail

City banks would lose their automatic right to conduct business in the European Union unless Britain accepts it cannot fully control immigration, Germany's top banker has warned.

September 14, 2016 Exclusive: Bayer nears acquisition of Monsanto - sources

Source: Reuters

Chemicals and healthcare group Bayer AG (BAYGn.DE) is poised to announce the acquisition of U.S. seeds company Monsanto Co (MON.N) on Wednesday for more than $66 billion, clinching the biggest deal of the year, people familiar...

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