Economy 29
Goldman Sachs is going through a huge transformation under CEO David Solomon. Here’s everything you need to know.

4 Dec 11:39 4 articles

Goldman Sachs is going through a huge transformation under CEO David Solomon. Here’s everything you need to know.

Here’s everything we know about what’s going on inside Goldman, from its changing tech culture to shakeups in its inner ranks.

4 Dec 11:39 Business Insider Malaysia 8325046882463210876.html
Goldman Sachs is going through a huge transformation under CEO David Solomon. Here's everything you need to know.

Here's the latest news about Goldman Sachs.

4 Dec 11:39 Business Insider 6060062399647538556.html
Goldman Sachs is going through a huge transformation under CEO David Solomon. Here's everything you need to know., Business Insider - Business Insider Singapore

Business Insider - Here's the latest news about Goldman Sachs.. Read more at businessinsider.sg

4 Dec 11:39 www.businessinsider.sg 5090408755878780284.html
Here’s everything we know about WeWork’s layoffs and next steps as the co-working giant looks to right itself

Here’s everything we know about what’s going on inside WeWork:

29 Nov 15:52 Business Insider Malaysia 8325046882615489382.html
South Africa's Karoo drills and prays as taps run dry

2 Dec 17:54 2 articles

South Africa's Karoo drills and prays as taps run dry

GRAAFF-REINET, South Africa (Reuters) - South Africa’s Karoo region has always been parched - it means land of thirst in the language of its earliest inhabitants, the Khoisan hunter gatherers.

2 Dec 17:54 Reuters 8334514181640469035.html
Karoo drills and prays as taps run dry

Drilling boreholes gives temporary reprieve.

29 Nov 11:15 Moneyweb 1092550946928446728.html
FG set to award contract for Ajaokuta-Kaduna-Kano gas pipeline

29 Nov 15:57 5 articles

FG set to award contract for Ajaokuta-Kaduna-Kano gas pipeline

John Ameh, Abuja The Federal Government is to construct a 600-kilometre gas pipeline from Ajaokuta through Kaduna to Kano, President Muhammadu Buhari has revealed. The line will transport gas...

29 Nov 15:57 Punch Newspapers 3524240993904459279.html
Construction of Ajaokuta gas pipeline to begin soon – Buhari

President Muhammadu Buhari said on Friday work would soon commence on the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline

29 Nov 15:44 Vanguard News 4125100339456139873.html
Ajaokuta-Kaduna-Kano gas pipeline construction to commence soon – Buhari

Nigeria President Muhammadu Buhari on Friday Friday said the government will soon begin the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline to move gas from the Southern part of the country to the North. The Nigerian president made the disclosure while addressing the 5th Gas Exporting Countries Forum (GECF) Summit at the Sipopo International Conference […]

29 Nov 15:32 The Guardian 7580308503986994401.html
Buhari: Construction of Ajaokuta-Kaduna-Kano gas pipeline to start soon

President Muhammadu Buhari says the federal government would soon commence the construction of the Ajaokuta-Kaduna-Kano (AAK) gas pipeline.

29 Nov 14:53 TheCable 7513571675946558373.html
Buhari proposes pool fund for africa trans-regional gas infrastructure 

PRESIDENT Muhammadu Buhari yesterday said there was a need for African nations to pool resources to put up trans-border and trans-regional....

29 Nov 14:17 Vanguard News 4125100338851261373.html
Buffett outbid by private equity in Berkshire’s big deal hunt

29 Nov 15:28 5 articles

Buffett outbid by private equity in Berkshire’s big deal hunt

Apollo Global Management tops Berkshire's share bid for technology distribution company.

29 Nov 15:28 Moneyweb 1092550947099261803.html
Warren Buffett gets outbid by private equity amid Berkshire's 'elephant-sized' deal hunt

While Buffett is still on the prowl, he may not be willing to outbid private equity firms flush with money

29 Nov 15:25 Financial Post 2379081491761309552.html
Buffett outbid by private equity in Berkshire's big deal hunt

Warren Buffett has frequently touted his Berkshire Hathaway Inc. as a home for businesses away from what he said was the debt-fueled, quick-turnover appetite of private equity firms. But the Berkshire name wasn’t enough for Tech Data Corp.

29 Nov 15:02 BNN 3833521689243105659.html
Saudi Aramco IPO gets US$44.3b in bids so far, says lead manager

RIYADH, Nov 29 — Saudi Aramco has received bids for its shares totalling US$44.3 billion so far, lead manager Samba Capital said today, putting its initial public offering on track to be over-subscribed. The state-owned oil giant plans to sell 1.5 per cent of the company’s shares for as much as...

29 Nov 13:35 Malaymail 302165934477261802.html
Saudi Aramco IPO received $44.3 billion in bids so far: Samba Capital

The state-owned oil giant plans to sell 1.5% of the company's shares for as much as 96 billion riyals ($25.6 billion), a deal which would give it a market value of $1.7 trillion

29 Nov 13:26 Business-Standard 1502508925168527743.html
Fiscal deficit hits 102% of budget estimate till October

29 Nov 13:32 5 articles

Fiscal deficit hits 102% of budget estimate till October

India Business News: The country's fiscal deficit hit 102.4% of 2019-20 Budget Estimate (BE) at Rs 7.2 lakh crore at the end of October. The fiscal deficit or the gap betw

29 Nov 13:32 The Times of India 6060938663702682180.html
India's fiscal deficit touches Rs 7 trillion, surpasses annual target in seven months

India’s fiscal deficit in the first seven months through October stood at Rs 7.2 trillion, or 102.4 per cent of the budgeted target for the current fiscal year, government data showed on Friday.

29 Nov 12:36 India Today 4286117814346851420.html
Fiscal deficit exceeds budget estimates during April-October on lower tax receipts

Constrained by lower tax collection, the Centre’s fiscal deficit exceeded the budget estimate during first seven months (April-October) itself. Fiscal deficit is the difference between income and the

29 Nov 12:30 BusinessLine 5283601325947359.html
India’s Fiscal Deficit In October At 102.4% Of 2019-20 Target

The gap between the government’s revenue and expenditure rose to Rs 7.20 lakh crore as of October.

29 Nov 11:48 Bloomberg | Quint 7403450740665431605.html
Fiscal deficit for April-Oct at 102.4%, crosses full year target

The revenue gap for the April-October period stood at Rs 5.46 lk cr showing the weakness in tax collection.

29 Nov 11:28 The Economic Times 7653256037218190110.html
NatWest online glitch resolved

29 Nov 18:21 4 articles

NatWest online glitch resolved

One man tells of difficulty paying for a prescription, while Black Friday shoppers are also hit.

29 Nov 18:21 BBC News 3883826127258216523.html
Black Friday 'ruined' by NatWest banking outage, customers complain, after it leaves them unable to access accounts

Black Friday was "ruined" by a Natwest banking outage, customers have complained after being unable to access their bank accounts.

29 Nov 15:20 The Telegraph 140598092874162378.html
Natwest and RBS customers miss out on Black Friday deals after apps go down

It happened at the worst possible time for bargain hunters.

29 Nov 11:59 Metro 970161748656263465.html
NatWest and RBS down, infuriating Black Friday online shoppers

With Black Friday sales underway, bargain-hunting customers of RBS and NatWest have been frustrated by a spate of online and mobile crashes disabling access to accounts.

29 Nov 10:43 Finextra 6000504750635134695.html
Forex kitty continues to move up, closes in $449 billion mark

29 Nov 15:09 3 articles

Forex kitty continues to move up, closes in $449 billion mark

India Business News: Foreign exchange reserves continued the upward move, gaining by a modest $347 million to touch a new high of $448.6 billion in the week to November 22

29 Nov 15:09 The Times of India 6060938664263169920.html
Forex reserve hits fresh record high of $449 billion

In the previous week, the reserves had increased by $441 million to reach $448.249 billion.

29 Nov 15:06 The Economic Times 7653256038364128264.html
Forex kitty continues to move up, closes in $449 billion mark

In the previous week, the reserves had increased by USD 441 million to reach USD 448.249 billion

29 Nov 14:26 Business Today 1145527432263282859.html
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem

29 Nov 15:07 3 articles

The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem

A wealth tax could have cut Jeff Bezos’ fortune in half and made Bill Gates $US61 billion less rich, but it might not do anything to make the economy feel more fair to the middle class, Bloomberg columnist Noah Smith argued in a recent column.

29 Nov 15:07 Business Insider Australia 5575934301309092469.html
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem, Business Insider - Business Insider Singapore

Business Insider - captionDemocratic presidential candidate, Sen. Elizabeth Warren (D-MA) speaks to her supporters after officially filing to be on the ballot for the New Hampshire state primary at the State House on…. Read more at businessinsider.sg

29 Nov 15:07 www.businessinsider.sg 5090408756965130869.html
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem

A wealth tax could have cut Jeff Bezos' fortune in half and made Bill Gates $61 billion less rich, but it might not do anything to make the economy feel more fair to the middle class, Bloomberg columnist Noah Smith argued in a recent column.

29 Nov 15:07 Business Insider 6060062400733889141.html
Govt to make hallmarking mandatory for gold jewellery

29 Nov 11:36 3 articles

Govt to make hallmarking mandatory for gold jewellery

The government will make hallmarking for gold jewellery and artifacts mandatory from January 15, 2021, to ensure quality, Union Consumer Affairs Minister Ram Vilas Paswan said on Friday. The departmen

29 Nov 11:36 The Hindu 6679535024735870243.html
Hallmarking to be mandatory for gold jewellery from 2021: Paswan

The department of consumer affairs will issue a notification by January 15, 2020, for making gold hallmarking mandatory.

29 Nov 11:32 The Indian Express 2885715105780515066.html
Hallmarking to be mandatory for gold jewellery from 2021: Ram Vilas Paswan

However, one year period will be provided for implementation of this decision to enable jewellers clear their existing stock

29 Nov 10:50 Business-Standard 1502508926579890965.html
Last 2.5 years have been the safest in Railways’ history, says Piyush Goyal

29 Nov 10:42 3 articles

Last 2.5 years have been the safest in Railways’ history, says Piyush Goyal

The entire rail network will be electrified in India which is the only country in the globe that is experimenting to convert diesel engines into electric, he said.

29 Nov 10:42 The Hindu 6679535025649217694.html
Dip in rail accidents in last two years: Piyush Goyal

Assuring members that Railways have taken steps to ensure safety and improve infrastructure, he said, "The last 2.5 years have been the safest in the history of Indian Railways. There have been least number of accidents in the last 2.5 years."

29 Nov 10:30 The Indian Express 2885715105422682932.html
Railways saw least number of accidents in last two and half years: Goyal

"The last 2.5 years have been the safest in the history of Indian Railways. There have been least number of accidents in the last 2.5 years", the minister said

29 Nov 10:05 Business-Standard 1502508924911977213.html
Russia removes restrictions on two Brazilian beef plants - regulator

29 Nov 15:59 2 articles

Russia removes restrictions on two Brazilian beef plants - regulator

MOSCOW — Russia’s agriculture safety watchdog said on Friday it removed temporary restrictions on beef supplies to Russia from two plants in Brazil starting from Nov.

29 Nov 15:59 Financial Post 2379081492977092517.html
Russia removes restrictions on two Brazilian beef plants - regulator

MOSCOW, Nov 29 (Reuters) - Russia's agriculture safety watchdog said on Friday it removed temporary restrictions on beef supplies to Russia from two plants in Brazil starting from Nov. 29.One of the plants authorized to resume sales to Russia is operated by Minerva SA and the other one by JBS , the Russian regulator, Rosselkhoznadzor said in a statement.

29 Nov 15:58 Successful Farming 8502642054113372309.html
5,000 substandard gas cylinders worth N51.3m destroyed by SON

29 Nov 15:20 2 articles

5,000 substandard gas cylinders worth N51.3m destroyed by SON

The Standard Organisation of Nigeria (SON) on Friday destroyed over 5,000 substandard Liquefied Petroleum Gas (LPG) cylinders worth N51.3 million.

29 Nov 15:20 Vanguard News 4125100339327240952.html
SON destroys over 5,000 substandard gas cylinders worth N51.3m

The Standard Organisation of Nigeria (SON) on Friday destroyed over 5,000 substandard Liquefied Petroleum Gas (LPG) cylinders worth N51.3 million.

29 Nov 15:10 The Guardian 7580308505080235011.html
New World Fund sells Adani Ports shares worth Rs 401 crore

29 Nov 14:53 2 articles

New World Fund sells Adani Ports shares worth Rs 401 crore

Bulk deal data on the BSE showed that 1,06,87,163 scrips were sold at an average price of Rs 375.34 apiece.

29 Nov 14:53 The Economic Times 7653256037683284133.html
New World Fund sells over 10 mn shares in Adani Ports worth Rs 401 cr

As per September 2019 shareholding data, New World Fund Inc was a public shareholder of Adani Ports and held 2.07 per cent stake

29 Nov 14:20 Business-Standard 1502508926305739129.html
Prof Danquah calls for a Presidential Initiative transformation of Agriculture

29 Nov 14:52 2 articles

Prof Danquah calls for a Presidential Initiative transformation of Agriculture

news, story, article

29 Nov 14:52 ghananewsagency.org 5074937610901750250.html
Prof Danquah calls for a Presidential Initiative to transform Agriculture

news, story, article

29 Nov 14:52 ghananewsagency.org 5074937610783461305.html
N Korea's Thanksgiving Day test shows improving speed for missile crews

29 Nov 14:43 2 articles

N Korea's Thanksgiving Day test shows improving speed for missile crews

North Korean leader Kim Jong Un expressed “great satisfaction” over the latest test of a large multiple-rocket launcher, state media said on Friday, a launch that experts said showcased improving performance by the system and its crews.

29 Nov 14:43 Bdnews24 8119004129585573793.html
North Korea's Thanksgiving Day test shows improving speed for missile crews

SEOUL (Reuters) - North Korean leader Kim Jong Un expressed “great satisfaction” over the latest test of a large multiple-rocket launcher, state media said on Friday, a launch that experts said showcased improving performance by the system and its crews.

29 Nov 10:04 Reuters 8334514181122338087.html
Mercedes-Benz owner to slash 10,000 jobs in latest car industry cuts

29 Nov 14:32 2 articles

Mercedes-Benz owner to slash 10,000 jobs in latest car industry cuts

Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with

29 Nov 14:32 New York Post 7654946768415006776.html
Daimler to ax at least 10,000 jobs in latest car industry cuts

Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales. It marks the third announcement on cost cuts this week by a major German car company as

29 Nov 10:37 Yahoo 7097669637696516687.html
Man wins Supreme Court appeal for more detail in mortgage debt judgment demand

29 Nov 14:28 2 articles

Man wins Supreme Court appeal for more detail in mortgage debt judgment demand

Joseph O’Malley, from Westport, said he was confused and uncertain over his liability

29 Nov 14:28 The Irish Times 8204772968691118674.html
Man wins appeal over lack of detail in mortgage debt demand

A man has won a Supreme Court appeal which centred on a claim he was entitled to more detail about how a €221,000 mortgage debt was calculated before a bank obtained judgment for the money against him.

29 Nov 13:59 Breaking News 4415806919642918337.html
Karnataka corruption survey: 63% citizens admit bribing state officials to get work done

29 Nov 14:12 2 articles

Karnataka corruption survey: 63% citizens admit bribing state officials to get work done

India Corruption Survey 2019 indicates 40 per cent of respondents in Karnataka gave bribes to get work linked to property registration and land issues done in the state while 23 per cent admitted paying a bribe to the police.

29 Nov 14:12 The Indian Express 2885715103836205415.html
62% people in Tamil Nadu paid bribe to get work done: Survey

As per an India Corruption Survey which was carried out by Transparency International India and Local Circles this year, 62% of the people surveyed from Tamil Nadu admitted that they had resorted to bribery to get their work done.

29 Nov 12:00 The Indian Express 2885715103974976531.html
SAT asks Sebi to look into Karvy's plea on power of attorney issue

29 Nov 14:12 2 articles

SAT asks Sebi to look into Karvy's plea on power of attorney issue

Sebi on November 22 had barred Karvy from taking new clients in respect of its stock broking activities.

29 Nov 14:12 The Economic Times 7653256037974409786.html
Karvy case: SAT asks Sebi to review limited use of power of attorney issue

Sebi's directive had come after the National Stock Exchange forwarded a preliminary report to it on the non-compliances observed with respect to pledging/misuse of client securities by Karvy

29 Nov 14:00 Business-Standard 1502508925147962679.html
South African Airways dropped by leading travel insurers

29 Nov 14:03 2 articles

South African Airways dropped by leading travel insurers

JOHANNESBURG, Nov 29 — Three travel insurance companies in South Africa have stopped covering tickets issued by South African Airways against insolvency, further clouding the outlook for the struggling state-run airline. The decision by Santam’s Travel Insurance Consultants (TIC) to drop South...

29 Nov 14:03 Malaymail 302165936014955284.html
SAA dropped by leading travel insurer

The decision prompts Australian travel agency Flight Centre Travel Group to stop selling tickets for the airline.

29 Nov 13:37 Moneyweb 1092550946268123786.html
Four Irish women honoured as leaders in global recruitment

29 Nov 13:54 2 articles

Four Irish women honoured as leaders in global recruitment

The Irish nominees are Geraldine King, Anne Heraty, Shona McManus and Rosaleen Blair

29 Nov 13:54 Irishexaminer 8196011180032604490.html
Four Irish women honoured as leaders in global recruitment

The Irish nominees are Geraldine King, Anne Heraty, Shona McManus and Rosaleen Blair

29 Nov 13:54 Breaking News 4415806918311500545.html
Lebanon crisis wreaks havoc on Syria's war-torn economy

29 Nov 13:16 2 articles

Lebanon crisis wreaks havoc on Syria's war-torn economy

AMMAN (Reuters) - A financial crisis in Lebanon has hit the economy of neighboring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows.

29 Nov 13:16 Reuters 8334514181258920719.html
Lebanon Crisis Wreaks Havoc on Syria's War-Torn Economy

A financial crisis in Lebanon has hit the economy of neighbouring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows. Shut out of the global financial system by Western sanctions, Syria's economy has depend

29 Nov 13:15 Asharq AL-awsat 7659932444651708.html
Aarey Colony: Uddhav Thackeray stops work on car shed after taking charge as Maharashtra CM

29 Nov 13:11 2 articles

Aarey Colony: Uddhav Thackeray stops work on car shed after taking charge as Maharashtra CM

The Bombay High Court had last month dismissed petitions asking it to give Aarey the status of a forest, and stop cutting the trees.

29 Nov 13:11 Scroll.in 8669301693591754511.html
Uddhav Thackeray orders stoppage of work for Aarey car shed

Former CM Devendra Fadnavis slams the decision.

29 Nov 11:55 The Hindu 6679535025055680805.html
Malaysians can now use MyDebit ATM cards at some shops in Singapore

29 Nov 12:28 2 articles

Malaysians can now use MyDebit ATM cards at some shops in Singapore

Cross-border payments between Singapore and Malaysia just got a huge boost, after the Republic’s NETS and Malaysia’s PayNet announced that their payment terminals can now accept each other’s cards.

29 Nov 12:28 Business Insider Malaysia 8325046883711652707.html
Shopping in these 4 popular Malaysian cities just got a lot easier for Singaporeans with NETS ATM cards, Business Insider - Business Insider Singapore

Business Insider - NETS ATM cards can now be used in Malaysia across 7,400 PayNet acceptance points - but only in these 4 cities.. Read more at businessinsider.sg

29 Nov 12:13 www.businessinsider.sg 5090408755655372118.html
CCTV footage shows truck bash through Dublin level crossing barriers

29 Nov 12:14 2 articles

CCTV footage shows truck bash through Dublin level crossing barriers

Irish Rail services between Sandymount to Lansdowne had to be suspended during peak hours

29 Nov 12:14 Irish Mirror 2875825629056151539.html
VIDEO: Delays to Irish Rail services after truck crashes into barriers

Irish Rail services between Sandymount and Lansdowne n Dublin were suspended earlier this morning after a truck crashed into the barriers.

29 Nov 11:50 Buzz.ie 7092425147708570991.html
China’s true economic growth could be half of what everyone thinks

29 Nov 11:31 2 articles

China’s true economic growth could be half of what everyone thinks

China’s GDP data release always generates great market excitement despite rarely straying more than 25 basis points below or above the government target. This stability has led a number of analysts to propose their own measures, typically based on a variety of Chinese proxy data but, in the end, not that different from the official numbers. In this article I argue that, based on the performance of countries comparable to China, the latter’s GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy. That being said, China has one of the highest levels of corporate debt in the world and slower growth implies greater risks of financial instability.

29 Nov 11:31 Business Insider Malaysia 8325046884164786361.html
China's true economic growth could be half of what everyone thinks, Business Insider - Business Insider Singapore

Business Insider - GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy.. Read more at businessinsider.sg

29 Nov 11:31 www.businessinsider.sg 5090408757580355769.html
Eurozone unemployment's falls to lowest rate since July 2008

29 Nov 10:50 2 articles

Eurozone unemployment's falls to lowest rate since July 2008

LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.

29 Nov 10:50 NEWS wpxi.com 7786541637755246460.html
Eurozone unemployment's falls to lowest rate since July 2008

LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.

29 Nov 10:50 WFXT 6395891953821708097.html
Eurozone inflation firms but still below central bank goal

29 Nov 10:47 2 articles

Eurozone inflation firms but still below central bank goal

Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.

29 Nov 10:47 CTVNews 2422791598919872640.html
Eurozone inflation firms but still below central bank goal

BRUSSELS — Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.

29 Nov 10:03 680News 8014034334019562779.html
Govt accounts show strong debt position, impact of tax timing changes

29 Nov 10:02 2 articles

Govt accounts show strong debt position, impact of tax timing changes

Govt accounts show strong debt position, impact of tax timing changes

29 Nov 10:02 www.voxy.co.nz 6138926314428839829.html
Govt accounts show strong debt position

Hon Grant Robertson

29 Nov 10:02 SCOOP 5315658999097789428.html