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Exclusive: White House eying executive order targeting ‘conflict minerals’ rule – sources
February 8, 2017 by publisher · Leave a Comment
By Sarah N. Lynch and Emily Stephenson WASHINGTON (Reuters) – President Donald Trump is planning to issue an executive order targeting a controversial Dodd-Frank rule that requires companies to disclose whether their products contain “conflict minerals” from a war-torn part of Africa, according to sources familiar with the administration's thinking. The plan for the executive order comes on the heels of another order issued by the White House last week that takes aim more broadly at the
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Exclusive: White House eying executive order targeting ‘conflict minerals’ rule – sources
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Controversial Dakota pipeline to go ahead after Army approval
February 8, 2017 by admin · Leave a Comment
By Valerie Volcovici and Ernest Scheyder WASHINGTON/HOUSTON (Reuters) – The U.S. Army will grant the final permit for the controversial Dakota Access oil pipeline after an order from President Donald Trump to expedite the project despite opposition from Native American tribes and climate activists. In a court filing on Tuesday, the Army said that it would allow the final section of the line to tunnel under North Dakota's Lake Oahe, part of the Missouri River system. Energy Transfer …
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Controversial Dakota pipeline to go ahead after Army approval
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Judge takes over questioning ex-AIG chief Hank Greenberg
September 30, 2016 by creative · Leave a Comment
The New York judge weighing whether ex-AIG chief Maurice “Hank” Greenberg should be liable for accounting fraud on Thursday pressed the 91-year-old executive about why AIG had created an offshore entity for losses from a failed automotive warranty program. Greenberg was on the stand for the third day for allegedly engineering the offshore entity, known as Capco, to hide $200 million in underwriting losses from shareholders. The transaction is one of two at the heart of a 2005 case against…
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Judge takes over questioning ex-AIG chief Hank Greenberg
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Goldman feels the heat in Asia as IPO engine slows
September 30, 2016 by elegant · Leave a Comment
By Denny Thomas and Sumeet Chatterjee HONG KONG (Reuters) – Goldman Sachs failed to make it to the upper echelon of Asia's equity market fee earners for the first time in more than a decade, hit by a squeeze in fees that is prompting the U.S. bank to cut back jobs in the region. Goldman has shared dominance of the Asia Pacific equity capital market arena with UBS and Morgan Stanley since clinching the mandate for China's first privatisation in 1997.
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Goldman feels the heat in Asia as IPO engine slows
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Google rebrands cloud business, adds more artificial intelligence
September 30, 2016 by creative · Leave a Comment
Alphabet Inc's Google said on Thursday it renamed its business-to-business cloud computing brand and enhanced some enterprise applications using artificial intelligence, the company's latest gambit to better compete with Amazon.com and Microsoft Corp. in the lucrative cloud business. Discussing the rebranded Google Cloud, Diane Greene, senior vice president of Google's enterprise business, said the company has made good progress courting customers and improving its technology. Cloud computing uses remote internet servers…
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Google rebrands cloud business, adds more artificial intelligence
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Relief arrives for U.S. shale firms as OPEC folds in price battle
September 30, 2016 by admin · Leave a Comment
By Liz Hampton and Terry Wade HOUSTON (Reuters) – It was a moment U.S. shale oil producers have been waiting on for more than two years: OPEC nations finally agreed to cut production on Wednesday in a move that lifted low prices ravaging their budgets. The agreement effectively establishes a …
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Relief arrives for U.S. shale firms as OPEC folds in price battle
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Oil below $30 fans wipeout fears among U.S. shale survival artists
January 20, 2016 by publisher · Leave a Comment
By Terry Wade and Anna Driver YORKTOWN, Texas (Reuters) – Across oil fields from Texas to North Dakota fears are growing that crude's plunge below $30 a barrel is more than just another market milestone and marks a countdown to an endgame for many shale producers that so far have braved the 18-month downturn. Oil prices tumbled by more than a fifth this month to 12-year lows 70 percent below mid-2014 levels and…
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Oil below $30 fans wipeout fears among U.S. shale survival artists