Noble Group to get US$100m trade finance facilities from minority shareholders

Noble Group to get US$100m trade finance facilities from minority shareholders

Fri, Jun 22, 2018 – 9:58 AM NOBLE Group has secured a binding commitment for US$100 million of trade finance facilities from a consortium of existing shareholders, the commodity trader announced on Friday before the market opened. The consortium comprises Value Partners, Pinpoint Asset Management and other shareholders with a combined equity interest of 5 […]

Intel CEO resigns after probe of relationship with employee

Intel CEO resigns after probe of relationship with employee

By Munsif Vengattil and Stephen Nellis (Reuters) – Intel Corp <INTC.O> Chief Executive Brian Krzanich resigned on Thursday after an investigation found he had a consensual relationship with an employee in breach of company policy. The head of the largest U.S. chipmaker is the latest in a line of men in business and politics to […]

Firefighter tries to oust finance director from pension board

Firefighter tries to oust finance director from pension board

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Euro finance ministers seek to conclude Greek bailout saga

Print Thursday, June 21 2018AP LUXEMBOURG (AP) — Eurozone nations agreed on the final elements of a plan to get Greece out of its eight-year bailout program and make its massive debt more manageable. The finance ministers of the 19 nations took daylong talks into Friday morning and reached a surprisingly hard-fought compromise which had […]

Canada's US envoy to brief finance ministers on relations with Washington

Canada's US envoy to brief finance ministers on relations with Washington

OTTAWA — Canada’s envoy to Washington will brief finance ministers from across the federation next week on the roller-coaster relationship with the United States. The gathering next Tuesday in Ottawa will take place before a Canadian backdrop of increasing economic uncertainty — from difficult NAFTA negotiations, to competitiveness worries related to U.S. reforms, to tit-for-tat […]

Rhode Island finance committee delays anticipated vote on PawSox deal

Rhode Island finance committee delays anticipated vote on PawSox deal

Rhode Island’s House of Representatives Finance Committee has pushed back a hotly anticipated vote on a stadium deal for the Pawtucket Red Sox, as the state attempts to prevent the team’s potential move to Worcester. The Finance Committee was scheduled to vote on the measure, which has the support of House Speaker Nicholas Mattiello, on Thursday […]

Eurozone Finance Ministers Weigh Up Debt Relief for Greece

Eurozone Finance Ministers Weigh Up Debt Relief for Greece

Finance ministers from across the Eurozone have met in Luxembourg. They were celebrating the 20th anniversary since they first all got together, but also a turning point in the Greek economy. Economic reforms have delivered it from an economic crisis that once threatened the whole Eurozone and lasted eight years. Greece’s debt now stands at […]

Videogame addiction is now an official disorder and watch how these soccer players in the World Cup cash in

Videogame addiction is now an official disorder and watch how these soccer players in the World Cup cash in

Happy Thursday, MarketWatchers! Here are the top personal finance stories of the day. Personal Finance Videogame addiction is now an official disorder—but will health insurers pay for it? Treatment is typically not covered by insurance. At least, not yet. Facebook fundraiser to help separated migrant families collects record-breaking $16 million in donations A Facebook fundraiser […]

UK finance leaders say openness is key to future prosperity

UK finance leaders say openness is key to future prosperity

LONDON (AP) — Increased openness, not protectionism, is the best way to ensure Britain’s prosperity in a rapidly changing world, the U.K. government’s two most powerful money men said Thursday. Treasury chief Philip Hammond and Bank of England Gov. Mark Carney said financial and trade connections with the rest of the world will help maintain […]

High Court: Online shoppers can be forced to pay sales tax

High Court: Online shoppers can be forced to pay sales tax

WASHINGTON (AP) — States will be able to force more people to pay sales tax when they make online purchases under a Supreme Court decision Thursday that will leave shoppers with lighter wallets but is a big financial win for states. Consumers can expect to see sales tax charged on more online purchases — likely […]

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