BRIEF-SATS Ltd Says Retirement Of Euleen GOH As Chairman
June 11 (Reuters) - SATS Ltd:
* RETIREMENT OF EULEEN GOH AS CHAIRMAN Further company coverage:
June 11 (Reuters) - SATS Ltd:
* RETIREMENT OF EULEEN GOH AS CHAIRMAN Further company coverage:
When Stuart Forrester and his wife founded their business and marketing consultancy in 2006, they turned to an unlikely place to source new recruits: the school playground.
BEIJING (Reuters) -Proposed European Union tariffs on Chinese goods are not a "punishment", Germany's Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday. Habeck's visit to China is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles (EVs) to combat what the EU considers excessive subsidies.
Lawyers for Donald Trump asked the New York judge who ordered the former president to pay nearly half a billion dollars to recuse himself from the case alleging the judge engaged in “prohibited communications” with a real estate lawyer about the case before issuing his decision.
STORY: GERMANY ECONOMY MINISTER ROBERT HABECK "...the doors are open for discussions and I hope that this message was heard."China and the European Union have agreed to start talks on the planned tariffs on Chinese-made electric vehicles (EVs) being imported into the European market, senior officials on both sides said on Saturday (June 22). The news comes as Germany's economy minister, Robert Habeck, visited Beijing and Shanghai... the first trip by a senior European official to China since Brussels proposed hefty duties on EV imports to combat what the EU considers excessive subsidies.Habeck said he had been informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations.The confirmation came after the head of China's commerce ministry and Dombrovskis had agreed to start consultations over the EU's anti-subsidy investigation into Chinese EVs.Habeck called it a first step and said many more would be necessary. Zheng Shanjie, the chairman of China's National Development and Reform Commission, denied accusations of unfair subsidies, saying the development of the country's new energy industry was the result of fierce competition.He told Habeck that he hoped Germany would demonstrate leadership within the EU and that proposed EU duties on Chinese-made EVs would hurt both sides.The EU's provisional duties of up to 38.1% on imported Chinese EVs are set to apply by July 4, with the investigation set to continue until Nov. 2, when definitive duties, typically for five years, could be imposed.
Four Hinduja family members were given prison sentences ranging from four to four-and-a-half years.
STORY: Huawei says it has made breakthroughs in a number of fields, including artificial intelligence and operating systems.The Chinese tech giant made the claim Friday.It also said it had taken the company just 10 years to do what the U.S. and Europe took 30 years to achieve.The chairman of Huawei's Consumer Business Group, Richard Yu, was speaking at a three-day event for developers in China.He said the company's Harmony operating system was now available on more than 900 million devices, and had made major breakthroughs.He added Huawei's AI infrastructure was now the second most popular after Nvidia.Yu said operating systems and other software had been dominated by Europe and the U.S. for years.But he believes Huawei has an opportunity to overtake them.Data showed the firm's HarmonyOS phone operating system passed Apple's iOS in the first quarter of this year.That saw it become the second best-selling mobile operating system in China behind Android, with a 17% market share.
Germany's Vice Chancellor Robert Habeck will arrive in Beijing on Friday on a last-ditch mission to avoid a damaging trade war with China after the EU threatened to slap additional tariffs on electric cars.Germany's large and influential auto manufacturers are fearful of a trade war with Beijing that could rebound on their business activities in China.
BEIJING (Reuters) -Beijing warned on Friday that escalating frictions with the European Union over electric vehicle imports could trigger a trade war, as Germany's economy minister arrived in the Chinese capital with the proposed tariffs high on his agenda. Robert Habeck's three-day trip to China is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles to combat excessive subsidies. In an unexpected twist, Habeck - from the ecologist Greens Party which is a junior partner in Germany's fractious three-way coalition - criticised Berlin's 11-month-old China strategy document as too short-termist and not in sync with the China strategies of other EU countries.
For a comfortable retirement, 26% of overall Americans said they would need anywhere from $500,000 to $1 million. This key takeaway comes from a GOBankingRates January 2024 survey polling 1,005...
Investing.com – The battle between Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) for the title of the world's highest market capitalization has been ongoing since early January, when the iPhone maker ceded the crown to the company founded by Bill Gates, only to reclaim it on June 12. A few days later, NVIDIA Corporation (NASDAQ:NVDA) joined the race, and with the help of artificial intelligence, managed to occupy the top spot for market cap worldwide, albeit for a single session.
ArcelorMittal's India joint venture has privately warned trade officials in New Delhi that a plan to curb imports of a key raw material for steelmaking overlooks the implications of the Red Sea crisis, a letter showed. The curbs planned by the world's second-biggest producer of crude steel could hit output, as they cap imports of a steelmaking fuel, low ash metallurgical coke, also known as met coke, at 2.85 million metric tons for a year. "India should not close its eyes to the geopolitical situation and implement a measure that may adversely affect its steel industry," the company told the directorate general of trade remedies (DGTR) in the June 3 letter, seen by Reuters.
Oil prices rallied this week as U.S. crude and gasoline inventories fell just as hurricane season began and threatens to bring some supply offline.
Most retirees plan to collect Social Security at some point. For people whose retirement is still a ways off, you may wonder what an average Social Security payment will look like in 15 years when...
A former top official for the Florida Department of Law Enforcement is accusing the agency and Florida governor, Ron DeSantis of retaliating against him after he disclosed alleged misconduct by them.
A new IRS rule says most people must withdraw the total balance of inherited IRAs within 10 years of receiving them. This could impact how you should manage your inheritance, as financial expert Suze...
The shareholder lawsuit accused the apparel maker and CEO Kevin Plank of intentionally misleading them about the company's financial health. In 2021, the Baltimore-based company had agreed to pay $9 million to settle Securities and Exchange Commission (SEC) charges that it misled investors about its revenue growth. Mark Solomon, lead counsel for the shareholders and a partner at litigation firm Robbins Geller Rudman & Dowd, called the proposed settlement an "important win" that underscored the key role of pension funds in holding companies accountable.
A Swiss criminal court jailed four members of the billionaire Hinduja family on Friday for exploiting domestic workers at their lakeside villa.
Pensions used to be the "norm" when you worked for an employer. You trade your hours working for a company, and in return, the company will support you during retirement. Sounds pretty good, doesn't...
Walmart settled its lawsuit against Capital One over their credit card partnership, which had made Capital One the exclusive issuer of Walmart-branded consumer credit cards before ending last month. The case was dismissed on Thursday by U.S. District Judge Katherine Polk Failla in Manhattan, after the companies resolved all claims and counterclaims. Failla had ruled in March that Walmart could end the partnership early because Capital One's customer service had fallen short.
You can retire a little early on $400,000, but it won't be easy. If you have the option of working and saving for a few more years, it will give you a significantly more comfortable retirement. By waiting until at least age 67, you can collect more in lifetime Social Security benefits and your retirement account […] The post Can You Retire at 62 With $400,000 in a 401(k)? appeared first on SmartReads by SmartAsset.