logo

News related to
risk

Uber’s crisis PR activities have returned to relative normality in Asia after the U.S. firm ran into fresh issues with government regulators in two countries this week: Hong Kong and Thailand. The ride-sharing giant has been fighting some serious corporate fires in the U.S. lately — around its toxic work culture, connections to a polarizing U.S. President, and its CEO’s attitude to its drivers — but it is back to basics as UberX drivers in the two countries come under […]

Mario Draghi has declared victory against deflation and moved a step towards ending the European Central Bank’s ultra loose monetary policy, sending the euro and German bond yields higher as investors bet on the end of crisis-era stimulus measures. Facing growing pressure from monetary hawks in Germany, the ECB president said the bank decided to change its guidance to investors — omitting a reference to using all […]

By Shinichi Saoshiro | TOKYO TOKYO Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday, ahead of the closely-watched U.S. non-farm payrolls report due later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent, taking cues from a modest bounce in Wall Street overnight. Japan’s Nikkei climbed more than 1 percent on the back of […]

New York and London are locked in a frantic race to be the main international listing venue for Saudi Arabia’s initial public offering of its state oil company, emerging as clear frontrunners in what is set to be the world’s biggest ever flotation. Executives from the New York Stock Exchange and London Stock Exchange have held talks with Saudi Aramco, the state group valued at as much […]

RBC is the first Canadian bank to publicly confirm it has severed ties with customers identified in the Panama Papers leak.  (Randy Risling / Toronto Star) | Order this photo   The Royal Bank of Canada has closed dozens of accounts linked to the Panama Papers, becoming the first Canadian bank to publicly confirm it has severed ties with customers identified in the leak. The admission came some 10 […]

By Leigh Thomas and Sudip Kar-Gupta | PARIS PARIS Centrist Emmanuel Macron saw his position as favourite to win France’s presidential election boosted on Thursday in two polls, with one showing him ahead of far-right leader Marine Le Pen in the first round of the two-stage contest. A monthly Cevipof survey, considered the most authoritative because it has a far bigger sample size than most polls, put […]

By Jonathan Stempel | NEW YORK NEW YORK Former New Jersey Governor Jon Corzine defended his big bet on European sovereign debt that was a major factor in the collapse of his company MF Global Holdings Ltd, and said the auditor of the futures and commodities brokerage should have flagged any accounting problems. Corzine, also a former New Jersey senator and Goldman Sachs Group Inc (GS.N) co-chairman, […]

Advertisements

Dutch paints and coatings maker Akzo Nobel has rejected an unsolicited €20.9bn takeover bid by US industrial chemicals rival PPG Industries and said it is instead looking at spinning off its specialty chemicals business. Akzo Nobel said on Thursday that the PPG bid substantially undervalued its prospects and it made a broader appeal to its stakeholders by saying the takeover was not in the interests of customers […]

Oil prices were under intensifying pressure on Thursday, with the US West Texas Intermediate benchmark dipping below $49 a barrel for the first time since late November. The falls came after oil prices fell the most in more than a year over the previous session when US crude inventories climbed for a ninth straight week to a record high. Renewed concerns about a supply glut sent ripples […]

Account takeover (ATO) is the downstream effect of a worrying rise in massive data breaches and phishing attacks. Criminals have easy access to billions of credentials, which they systematically test on sites and apps until they find a match. With 48 percent of online businesses experiencing a rise in ATO attempts in 2016, are you doing enough to prevent your users’ accounts from being hacked? ATO is […]

By Toby Sterling | AMSTERDAM AMSTERDAM Dutch paints and coatings maker Akzo Nobel NV (AKZO.AS) rejected a 21 billion euro ($22 billion) bid from larger U.S. rival PPG Industries Inc (PPG.N) on Thursday, saying instead it wanted to “unlock value” by spinning off its chemicals business. PPG’s unsolicited offer comes just days before an election where the vulnerability of the biggest Dutch companies to foreign takeover has […]

The Senate voted Monday to kill an Obama administration rule aimed at curbing labor violations among government contractors. Two years in the making, the Fair Pay and Safe Workplaces rule was targeted by Republican lawmakers 10 days after Donald Trump’s inauguration. The House voted to excise it on Feb. 2, and Trump can seal its fate with his signature. Before the Senate vote – 49-48, along party […]

Oil prices were back under pressure on Thursday, with the West Texas Intermediate benchmark falling under $50 for the first time since December. The falls came after oil prices fell the most in more than a year over the previous session when US crude inventories climbed for the ninth straight week to a record high. Renewed concerns about a supply glut sent ripples through the currency market […]

Mercy Corps, a leading American charity that uses Turkey as a base to aid hundreds of thousands of civilians upended by the war in neighboring Syria, was forced to curtail its work on Wednesday after the Turkish government abruptly revoked its registration to operate. “Our hearts are broken by this turn of events, which comes after five years of cooperation with the government of Turkey and other […]

A new urgency is gripping financial markets. Talk of a Federal Reserve rate increase next week is no longer the main conversation, with interest rate futures now pricing it as a near certainty. How quickly the Fed moves after March is now the hot topic. US jobs growth has been the catalyst. A survey by ADP revealed on Wednesday that 298,000 private sector jobs were created in […]

By Adam Jourdan and Eric Walsh | SHANGHAI/WASHINGTON SHANGHAI/WASHINGTON China has granted preliminary approval for 38 trademarks linked to Donald Trump, documents on China’s state trademark office show, giving the U.S. President and his family protection were they to develop the “Trump” brand in the market. The trademarks – which in theory cover a wide sweep of businesses from hotels to mobile libraries and escorts – underline […]

|By Matein Khalid| Janet Yellen confirmed the Wall Street consensus that the Federal Reserve will raise its overnight borrowing (Fed Funds) rate at the March FOMC. Wage growth, inflation, crude oil, asset prices, economic data momentum and Trump’s fiscal stimulus all reinforce the dual mandate logic of a rate hike. Only a really awful February non-farm payroll shock (consensus is 200,000 jobs) will avert a rate hike […]

By Jonathan Barrett and Aaron Bunch | SYDNEY SYDNEY Notices in several languages emblazoned with the symbol of the skull and crossbones caution against the risk of being swept off the rocks at Maroubra Beach in Sydney’s eastern suburbs. But the warnings were not enough to prevent Nepali university students Shristi Bhandari, 23, and Sudeep Uprety, 26, from walking beside an ocean pool towards a rocky ledge […]

By Dustin Volz and Jonathan Landay | WASHINGTON WASHINGTON The disclosure this week of documents describing secret CIA hacking tools shows that intensified U.S. government efforts to prevent leaks by intelligence agency employees and contractors have largely failed, cybersecurity professionals and intelligence officials say. If the Central Intelligence Agency disclosures are confirmed to be the work of an intelligence agency contractor, as government investigators currently suspect, it […]

While many have blamed today’s spike in yields for the broader underperformance of the REIT sector, which sent the Bloomberg North American REIT index down 1.4%, its biggest one-day drop since December in a widespread selloff across all property sectors with 194 of the 214 stocks in the index lower today, it’s more than just the jump in rates that is slamming the rate-sensitive sector. While longs […]

CBC News Posted: Mar 08, 2017 12:10 PM ET Last Updated: Mar 08, 2017 12:10 PM ET Royal Bank of Canada says it has closed the accounts of 40 clients following an internal review of its operations after the bank was named in a leak of documents from a Panamanian law firm that specializes in helping wealthy clients avoid taxes by stashing money offshore. As first reported […]

George Osborne will earn £650,000 a year for working four days a month at BlackRock, more than ten times what he is paid as an MP once expected share awards from the world’s largest fund manager are included. The detail of Mr Osborne’s pay at BlackRock, which he agreed to join as an adviser earlier this year, was disclosed in the register of members’ financial interests at […]

By Marja Novak | LJUBLJANA LJUBLJANA The Slovenian government on Wednesday agreed to raise doctors’ wages by a total of as much as 50 million euros per year, and the move prompted other public-sector trade unions to seek wage increases, as well. The move was agreed in talks with the doctors’ trade union, Fides, which followed a partial two-week strike by doctors in November. Finance Minister Mateja […]

Researchers have identified 24 compounds, including caffeine, that showed potential in boosting levels of a brain enzyme exhibiting protective benefits against dementia. For a study published in the journal Scientific Reports, researchers from Indiana University screened more than 1,280 compounds to identify which substances could influence production of NMNAT2. The brain enzyme’s protective effect was discovered just last year. “This work could help advance efforts to develop drugs […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
How A Newly Elected Democratic Congress Could Reshape US–India Relations? // LANDMARK Presents ‘Destination CENTRAL’: A District-Wide Celebration Inviting Global Travellers to Explore the Dynamism, Luxury, and Soul of Central // Musk expresses willingness to recruit Nvidia chief Huang // Nvidia appoints Colette Kress interim chief after Huang departure // Fujairah highway pile-up leaves 14 dead and 30 injured // Ajman University MBA climbs to joint 13th regionally // Microsoft outage leaves Outlook and Teams users disconnected // Crescent Enterprises venture arm funds Oyster Therapeutics development // Spain housing strike disrupts transport and industry nationwide // Wizz Air half-year earnings sink as fuel costs surge // December Is the Last Window for $800,000 U.S. Residency Investment // Court reinstates Police association rejig order // ONYX Hospitality Group Unveils Plans for Amari Samui Resort and Villas, Elevating Its Premium Resort Offering on Koh Samui // Valarmathi restarts fast as teachers defy police // New Zealand bond bids reach thirteen-year auction peak // U.S. Democratic Leadership Starts Dialogue With Progressive Bloc For Joint Strategy // MG Motor presents four electrified vehicles at Dubai exhibition // Saudi fund assets forecast to cross $400 billion // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // High Court orders scrutiny of Thachankary hospitalisation //