July 9 (Reuters) - Wartsila Oyj Abp:
* WÄRTSILÄ SIMULATORS TO SUPPORT SINGAPORE'S WAVELINK MARITIME INSTITUTE WITH PREPARING CREW FOR SHIPPING'S SUSTAINABLE FUELS Source text: https://wartsila.prod.sitefinity.fi/media/news/09-07-2024-wartsila-simulators-to-support-singapore-s-wavelink-maritime-institute-with-preparing-crew-for-shipping-s-sustainable-fuels-3472797 Further company coverage: (Gdansk Newsroom)
Conglomerates in China are slowly losing their appeal as economy faces headwinds. Some workers resign themselves to blue-collar jobs for work-life balance.
Very few organisations will buy software from the US firm, partly thanks to its criticism of Beijing.
China's $715 billion hedge fund industry is facing renewed pressure from stringent regulations coming into effect next month, forcing some investment firms to seek fresh capital from white knights or even shut shop. These rules would come after China's regulators cracked down on computer-driven 'quant funds' this year as part of Beijing's tighter supervision of the financial industry. Zhang Kaihua, founder of Nanjing-based HuYang Private Fund Co, is selling up to 6.3% of his company to boost capital.
Wise retirees seek out financial advice in their quest to spread their dollars as far as possible. Some of the suggestions they get are good. Others, not so much. "Retirees often encounter various...
McDonald's kicked off the meal offer on June 25 for an initial four-week period to compete with similar promotions offered by large fast-food chains to attract cash-strapped customers. Some McDonald's restaurants have voted in favour of extending the offer through August, while others are yet to vote, which could mean different offer periods for different geographies, according to the memo. The $5 meal has helped bring back traffic into McDonald's restaurants, the memo noted, after higher fast-food prices had driven budget-conscious customers to limit eating out and switch to cheaper home-cooked meals.
Thousands had their travel plans cancelled when a botched software update hit Microsoft’s Windows operating system, with many passengers greeted with the “blue screen of death” at airports
The tightness will hold for most of the third quarter, the bank said in a note dated on Friday, but equilibrium will return by the fourth quarter, "when seasonal demand tailwinds abate and both OPEC and non-OPEC supply return to growth."
There are all sorts of myths attached to almost every aspect of personal finance, from investing to your credit score. Retirement is another common theme loaded with money myths. If you're not...
SALMON-CHALLIS NATIONAL FOREST, Idaho (Reuters) - The only U.S. cobalt mine sits fallow in the northern Idaho woods, a mothballed hunk of steel and dirt that is too expensive for its owner to operate because Chinese rivals have flooded global markets with cheap supplies of the bluish metal used in electric vehicle batteries and electronics. Jervois Global, which dug the mine into the side of a nearly 8,000-foot (2,400-meter) mountain, watched helplessly last year as cobalt prices plunged after China's CMOC Group opened the Kisanfu mine in the Democratic Republic of Congo, pushing global production of the metal to an all-time high. The Idaho site, which Jervois bought in 2019, was idled in June 2023 just weeks before it was set to open.
Oil prices were edging higher on a softer U.S. dollar as investors gauge the implications of President Joe Biden's decision to drop out of the presidential race. Both benchmarks are supported by prospects that the U.S. central bank will soon start cutting rates and China's unexpected decision to cut key rates in efforts to boost growth.
Only one in 10 economically inactive people getting benefits must show they are trying to find work, a report from a New Labour grandee has found.
Retirement is a time of well-deserved rest and relaxation after a lifetime of hard work. Learn More: I'm Planning My Retirement: 5 Expenses I Wish I Had Cut Sooner Read Next: The Surprising Way You...
The new establishments, to be located in China's Guangzhou and Hefei, are warehouses for engineers from both parties to work together. The warehouses are aimed at helping the parties begin production for jointly-developed architecture - configuration of electronic components, modules, and network within a vehicle - two years from now. "From 2026, all electric vehicles of the Volkswagen brand in China will be equipped with this very powerful and efficient architecture," said Ralf Brandstätter, member of the board of management of Volkswagen AG for China.
Exclusive: Pioneering study says regime based largely on benefit sanctions has failed to tackle economic inactivity
Half a million dollars might sound like a lot of money, but if you’re approaching retirement, is it enough? If you have $500,000 in a pre-tax IRA and expect $2,000 per month from Social Security, you may have enough money to retire at age 67. A half million dollars is a relatively modest nest egg, […] The post I Have $500k in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67? appeared first on SmartReads by SmartAsset.
Renault's CEO Luca De Meo expressed doubts over the timeline for transitioning to electric vehicles in Europe, adding the carmaker has to bring down costs if it wants to deliver on its EV goals, in comments to business daily Les Echos published on Monday. The transition to electric vehicles plays a crucial role in reducing global carbon emissions, and the pace at which this shift occurs will reshape automotive industry and the environment. Recent EU elections, coming at a time of weak electric vehicle demand, saw more and more calls to scrap the EU's 2035 ban on sales of diesel and petrol cars, which is due to be reviewed in 2026.
The prime minister says improving the UK skills base will end an "over-reliance" on foreign workers.
Different retirement accounts come with different rules and different tax treatment. That gives you far more flexibility to minimize taxes both before and in retirement. Learn More: I'm a...
Amid a backdrop of fluctuating global markets and heightened trade tensions, Chinese equities have shown resilience, with sectors like technology experiencing notable volatility. In this environment, dividend stocks such as Qingdao Gaoce Technology can offer investors potential stability and yield opportunities.
Investment bankers are changing how they ask to be paid in a bid to preserve and boost fee revenue they generate from advising companies on mergers and acquisitions, as more big deals face challenges by regulators. Many of these fees are awarded only if a transaction is completed. Bankers have been pushing to get paid even when a deal is thwarted by regulators, and are charging more for services paid irrespective of whether a transaction closes, interviews with more than a dozen dealmakers showed.
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