Blog Posts by Daniel Gross

  • US vice president visits former Nazi concentration camp

    DACHAU, Germany (AP) — U.S. Vice President Mike Pence paid a somber visit to the site of the Dachau concentration camp on Sunday, walking along the grounds where tens of thousands of people were killed during World War II.

    Pence was joined by his wife, Karen, and the couple's 23-year-old daughter, Charlotte, as they toured the exhibits at the former concentration camp that was established by the Nazis in 1933 near Munich.

    The vice president was accompanied by Abba Naor, a survivor of the camp, and other dignitaries as he passed through the wrought-iron gate bearing the inscription, "Arbeit macht frei," or "Work sets you free." The Pences placed a wreath beneath the International Memorial at the center of the camp, toured the barracks and viewed the ovens inside the crematorium.

    The Pences also stopped at religious memorials at the site and later attended a church service on the camp's grounds.

    The concentration camp for political prisoners and Jews near Dachau was the first such facility

    Read More »from US vice president visits former Nazi concentration camp
  • Yen Gains Weigh on Japan Stocks; Unilever in Focus: Markets Wrap

    (Bloomberg) -- A stronger yen weighed on Japanese stocks as trading began in Asia. Investors kept close tabs on merger activity after Kraft Heinz Co. withdrew its $143 billion bid for Unilever.

    Japan’s Topix fell for a third straight session as the yen maintained a three-day advance. Gold increased after climbing for seven out of the past eight weeks. Trading in Kraft and its erstwhile target remains in focus on the back of Friday’s surge in both stocks. People familiar with the talks at the weekend said 3G Capital and Warren Buffett’s Berkshire Hathaway Inc. decided Unilever’s negative response made a friendly transaction impossible.

    With U.S. bond and stock markets shut on Monday for Presidents’ Day, investors are turning to corporate and political developments. Europe was thrown back into focus after a poll showed Angela Merkel’s ruling party were behind the Social Democrats for the first time under her leadership.

    Read our Markets Live blog here.

    Here’s what’s ahead for markets:

    Read More »from Yen Gains Weigh on Japan Stocks; Unilever in Focus: Markets Wrap
  • Kraft Pulls $143 Billion Unilever Offer After Early Opposition

    (Bloomberg) -- Kraft Heinz Co.’s $143 billion bid for Unilever NV collapsed just two days after it became public knowledge, with the adamance of the Anglo-Dutch target’s rejection said to play into billionaire Warren Buffett’s longtime aversion to hostile deals.

    The decision not to pursue what could have been the largest-ever takeover in the food and beverage industry came after 3G Capital and Buffett’s Berkshire Hathaway Inc., which together own about half of Kraft Heinz, decided that Unilever’s negative response made a friendly transaction impossible, leaving no choice but to walk away, people with knowledge of the situation said.

    Both also believed that a protracted war of words wasn’t in the best interest of Kraft and would risk souring future deal opportunities, the people said, asking not to be named because the process was private.

    While there were minor concerns about opposition from the U.K. government, according to one of the people, the companies were optimistic that they could

    Read More »from Kraft Pulls $143 Billion Unilever Offer After Early Opposition
  • Japan slumped into a larger-than-expected deficit as exports rose less than expected, with the Lunar New Year weighing on trade in January. Principal Global Investors Chief Global Economist Bob Baur weighs in and also discusses global trade. He speaks on "Bloomberg Daybreak: Asia."

    More from Bloomberg.com

    • White House Defends Removing NSC Official Who Criticized Trump
    • China Message to Trump With North Korea Coal Ban: Let's Deal
    • Kraft Pulls $143 Billion Unilever Bid After Opposition

    Read Takeaways From Japan's Export, Import Numbers on bloomberg.com

  • [$$] Bomb blast hits central Bogotá

    A bomb rattled a residential area of central Bogotá on Sunday, injuring at least 30 people, most of them policemen.

    The blast, near a bullring where police and animal rights activists have recently clashed, spurred fears that a peace deal with Colombia's largest rebel group may have left residual violence after 50 years of war.

    The explosion, which shattered windows in nearby apartment buildings in the neighbourhood of La Macarena, took place a few hours before Sunday's scheduled bullfight. Last month, demonstrators took to the streets protesting at the return of bullfighting to Colombia's capital for the first time in four years.

    No culprit has yet been identified. Authorities did not provide a motive for the blast, but said they had no evidence that it was related to the resumption of bullfighting. "Terrorists are not going to intimidate us. And we are going to do all that is necessary to capture them," Enrique Peñalosa, mayor of Bogotá, said on Twitter.

    More

    Read More »from [$$] Bomb blast hits central Bogotá
  • Mongolia reached an initial agreement with the International Monetary Fund for a three-year program that includes a $440 million loan package as part of a $5.5 billion bailout to help the north Asian country with looming debt repayments. IMF Mission Chief to Mongolia Koshy Mathai explains the agreement on "Bloomberg Daybreak: Asia."

    More from Bloomberg.com

    • White House Defends Removing NSC Official Who Criticized Trump
    • China Message to Trump With North Korea Coal Ban: Let's Deal
    • Kraft Pulls $143 Billion Unilever Offer After Early Opposition

    Read Mongolia Reaches Agreement With IMF on bloomberg.com

  • Margaret Howell started the day at 9am with its first ever combined men's and womenswear show. It makes total sense for the British design house, founded in 1970. Its brand of simple tailoring and separates already had little variation between men's and women's (or indeed, even between seasons) and when shown together at the Rambert Dance Hall in Waterloo on Sunday morning, it felt confident and cohesive.

    The collection was classic Howell, but there was subtle experimentation here; sleeveless boxy waistcoats crafted from buttery chocolate leathers and squashy sheepskins. Lines were longer, too: men's shirts hit the mid thigh and cricket sweaters were oversized. Socks were white and worn with black trainers, a stripe was paired with a check, and the looks weren't always monotone.

    Models wore painter's aprons, like those made by the brand for the Barbara Hepworth exhibit at the Tate in 2015. The brand are currently staging their own exhibition of Alistair McClellan's campaign

    Read More »from [$$] Suffragettes and snowballs at London Fashion Week: Anya Hindmarch, Margaret Howell, Peter Pilotto and Preen by Thornton Bregazzi AW17
  • Japan slumped into a larger-than-expected deficit as exports rose less than expected, with the Lunar New Year weighing on trade in January. Bloomberg's Brian Fowler reports on "Bloomberg Daybreak: Asia."

    More from Bloomberg.com

    • White House Defends Removing NSC Official Who Criticized Trump
    • China Message to Trump With North Korea Coal Ban: Let's Deal
    • Kraft Pulls $143 Billion Unilever Bid After Early Opposition

    Read Japan Slumps Into a Larger-Than-Expected Deficit  on bloomberg.com

  • Antelope-7 Drilling Update

    SINGAPORE and PORT MORESBY, Papua New Guinea, Feb. 19, 2017 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) today announced that according to information provided by Total E&P PNG Limited ("Total"), the operator of Petroleum Retention License 15 ("PRL15") in the Gulf Province of Papua New Guinea, the Antelope-7 side track appraisal well has currently reached 2,383 meters (7,818 feet) measured depth below rotary table (MDRT) without any evidence of intersecting the Antelope reservoir. The proposed total depth of the Antelope-7 appraisal section of the well was around 2,300 meters (7,545 feet) MDRT. The operator on behalf of the PRL15 joint venture is drilling ahead to explore a deeper exploration target.

    InterOil holds a 36.5375% interest in the well. Total E&P PNG Limited has a 40.1275% interest, Oil Search has 22.8350%, and the remaining 0.5000% is held by minority parties.

    About InterOil

    InterOil Corporation is an independent oil and gas business with a sole focus on

    Read More »from Antelope-7 Drilling Update
  • Media Advisory - BMO Financial Group to Announce its First Quarter 2017 Results

    TORONTO, Feb. 20, 2017 /PRNewswire/ -- BMO Financial Group will announce its first quarter 2017 financial results and hold its investor community conference call on Tuesday, February 28, 2017. Financial results will be issued in a news release at approximately 6:45 a.m. EST.

    Investor Community Conference Call

    • Time: 2:00 p.m. EST
    • The conference call will be available in a listen-only mode:

    Presentation material referenced during the conference call will be available at www.bmo.com/investorrelations.

    Conference Call Rebroadcast
    A rebroadcast of the investor community presentations will be available until midnight EDT, May 23, 2017, by calling 1 (800) 408-3053 or (905) 694-9451 and entering passcode 5740558#.

    The webcast will be available at www.bmo.com/investorrelations until Tuesday, May 23, 2017.

    For News Media Enquiries: Ralph Marranca, Toronto, ralph.marranca@bmo.com

    Read More »from Media Advisory - BMO Financial Group to Announce its First Quarter 2017 Results

Pagination

(23,653 Stories)
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Featured Blog Posts