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Exports prop up Japan fourth quarter GDP growth, U.S. protectionist risks loom

February 13, 2017 by · Leave a Comment 

Japan's economy grew for a fourth straight quarter in the final three months of last year as a weaker yen supported exports, but tepid private consumption and the risks of rising U.S. protectionism cast doubts over a sustainable recovery. Japan's export-driven growth over the quarter

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Exports prop up Japan fourth quarter GDP growth, U.S. protectionist risks loom

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Samsung chief appears for second round of questions in graft probe

February 13, 2017 by · Leave a Comment 

By Se Young Lee and Ju-min Park SEOUL (Reuters) – Samsung Group leader Jay Y. Lee appeared at the South Korean special prosecutor's office for questioning on Monday as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye. The special prosecutor has focused on South Korea's biggest conglomerate, accusing Lee in his capacity as Samsung chief of pledging…

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Samsung chief appears for second round of questions in graft probe

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Samsung to unveil shareholder return plans amid calls to split company

November 28, 2016 by · Leave a Comment 

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday – a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts. The U.S. activist hedge fund, which owns 0.6 percent of Samsung, called on the South Korean tech giant in October to divide itself into a holding vehicle for ownership purposes and an …

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Samsung to unveil shareholder return plans amid calls to split company

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Deal with Rosneft is U.S. sanctions-compliant, says Essar Group CEO

October 16, 2016 by · Leave a Comment 

The $12.9 billion sale of India's Essar Oil to a group led by Russia's Rosneft does not run foul of U.S. sanctions imposed against the majority state-owned Russian energy firm, …

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Deal with Rosneft is U.S. sanctions-compliant, says Essar Group CEO

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Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

October 16, 2016 by · Leave a Comment 

The documents showed comments by Clinton during question-and-answer sessions with Goldman Sachs Chief Executive Lloyd Blankfein and Tim O'Neill, the bank's head of investment management, at three separate events in 2013 in Arizona, New York and South Carolina. Some excerpts of Clinton's speeches had already been released.

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Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

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U.S. top court rejects Ecuador challenge to Chevron arbitration award

June 6, 2016 by · Leave a Comment 

The U.S. Supreme Court on Monday rejected Ecuador's challenge to a $96 million international arbitration award in favor of energy company Chevron Corp in a dispute over the development of oil fields in the South American country. The high court's refusal to hear the case leaves in place an August 2015 ruling by the U.S. Court of Appeals for the District of Columbia Circuit upholding a 2011 award in Chevron’s favor from The Hague's …

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U.S. top court rejects Ecuador challenge to Chevron arbitration award

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Paraguay gets debt payment demand from Venezuela’s PDVSA – Petropar president

June 5, 2016 by · Leave a Comment 

Paraguay's state-run oil firm Petropar said Saturday that Venezuelan state oil producer PDVSA [PDVSA.UL] had set a 10-day deadline for the Paraguayan company to pay off $287 million of long-standing debt. The demand comes shortly after Paraguay asked last week to convene a meeting of foreign ministers in the South American Mercosur trade group to examine if Venezuela had failed to comply with democratic norms laid out in the organization's charter. Petropar president Eddie Jara told local media that he received a letter…

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Paraguay gets debt payment demand from Venezuela’s PDVSA – Petropar president

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Sichuan Hanlong Group insider trader jailed in Australia

March 13, 2016 by · Leave a Comment 

SYDNEY (AP) — An Australian court has sentenced a Chinese former executive to more than eight years in prison for insider trading in 2011 when his privately-owned energy conglomerate Sichuan Hanlong

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Sichuan Hanlong Group insider trader jailed in Australia

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Go-playing software beats human champ for 3rd straight time

March 13, 2016 by · Leave a Comment 

SEOUL, South Korea (AP) — Google's Go-playing software defeated a human champion for the third straight time Saturday to clinch the best-of-five series and establish its superiority in an ancient Chinese game long thought to be the realm of humans.

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Go-playing software beats human champ for 3rd straight time