Oil bounced above $63 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. crude inventories. The American Petroleum Institute (API) said on Tuesday that U.S. crude inventories last week fell by 1.5 million barrels, […]
CNBC News
Goldman’s digital retail bank has won over 100,000 UK customers with the promise of higher rates
Goldman Sachs‘ new online retail bank Marcus has “exceeded every expectation” in its debut on the international stage, according to its managing director. Des McDaid at Goldman Sachs told CNBC that the digital bank has won over 100,000 U.K. customers since its launch at the end of September. Marcus’ online […]
Italy markets whipsaw on conflicting reports the government could revise its budget plans
Italy’s Deputy Prime Minister Matteo Salvini could be willing to revise the country’s 2019 budget in the face of EU opposition, according to local media reports Wednesday. Italian newspaper La Stampa reported that Salvini could be open to reviewing the government’s controversial 2019 budget, which has gone against previously agreed […]
Interpol elects South Korean as chief, rejecting controversial Russian contender
Interpol, the International Criminal Police Organization, has elected South Korean Kim Jong-yang as its president, in an upset result widely expected to see Russian frontrunner Alexander Prokopchuk take the post. The 194-member policing body, which shares intelligence across countries, issues international arrest warrants and and conducts searches for missing persons, […]
Facebook’s outgoing communications head reportedly takes the blame for hiring controversial PR firm
Facebook’s outgoing head of communications and public policy said that he knew and approved the decision to hire controversial public relations firm, Definers Public Affairs, according to an internal memo reported by TechCrunch. Elliot Schrage, who announced in June that he was leaving, said his team asked Definers to push […]
The world’s 10 best countries for attracting top talent don’t include the US or UK
Whether you want to develop new skills, or fancy surrounding yourself with inspiring colleagues, you should cast your eye to Europe. That’s according to a new report from IMD Business School, which found that European countries do a better job of attracting and developing talented employees than most any other […]
Tech stocks in Asia mixed amid continued FAANG weakness
Technology stocks in Asia were mixed on Wednesday after their U.S. counterparts slumped stateside. Shares of Apple suppliers were also mixed, a day after the Cupertino-based tech giant saw its stock drop on the back of worries over the sales of its flagship product, the iPhone. In Taiwan, chipmaker Taiwan […]
Tech stocks in Asia are mixed after big US technology shares see volatile Tuesday
Technology stocks in Asia were mixed on Wednesday after their U.S. counterparts ended lower in a volatile day on Tuesday. Shares of Apple suppliers were also mixed, a day after the Cupertino-based tech giant saw its stock drop on the back of worries over the sales of its flagship product, […]
Tech stocks in Asia mixed after big US technology shares see volatile Tuesday
Technology stocks in Asia were mixed on Wednesday after their U.S. counterparts ended lower in a volatile day on Tuesday. Shares of Apple suppliers were also mixed, a day after the Cupertino-based tech giant saw its stock drop on the back of worries over the sales of its flagship product, […]
China reportedly steps up efforts to steal Australian company secrets
China allegedly directed an increase in cyber attacks on Australian companies this year that breached a bilateral agreement between the two countries pledging not to steal each other’s commercial secrets, the Sydney Morning Herald reported Tuesday. An investigation by Australian broadcaster Nine News and Fairfax Media — which owns the […]