EnsembleIQ’s Canadian Grocer Unveils the 2024 Star Women in Grocery Award Winners

MediaOutReach
Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space
SINGAPORE - Media OutReach Newswire - 27 June 2024 - Chinese tech giant Tencent has consolidated its Singapore office, relocating from 30 Raffles Place to a new flexible working space managed by The Work Project (TWP) at CapitaSky — a 29-storey tower in the Central Business District (CBD). Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space New Singapore Office Consolidates Tencent Workforce in Prime CBD Location The move, completed in the first week of June 2024 f
Reuters
Modi's govt calls on Indian state to look into Reuters report on Foxconn hiring
Indian Prime Minister Narendra Modi's government on Wednesday said it has asked the Tamil Nadu state to submit a "detailed report" after a Reuters story revealed that Apple supplier Foxconn rejected married women from iPhone assembly jobs in the country. In a statement calling for the probe, the federal government's Ministry of Labour and Employment cited the Equal Remuneration Act of 1976, saying the law "clearly stipulates that no discrimination (is) to be made while recruiting men and women workers." The ministry said it has requested a detailed report from the Labour Department of Tamil Nadu, site of a major iPhone factory where Reuters uncovered Foxconn’s practice of shunning married women from jobs.
Reuters
Potential China action against EU pork may be double-edged sword for Brazil
China's potential imposition of anti-dumping measures on European Union pork imports, a disastrous scenario for the bloc, could benefit Brazil's exporters but also affect the country's ability to compete elsewhere, analysts and industry sources said. Chinese companies have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media have reported. The potential for additional demand from China as a consequence of any anti-dumping measures is welcome for Brazilian exporters.
Reuters
Elon Musk won $56 billion payday because of vote, Tesla argues in court
Tesla is claiming Elon Musk won his legal battle over his $56 billion pay package because shareholders voted for the compensation, despite a judge rescinding it earlier this year, according to a court filing made public on Thursday. The company's filing comes two weeks after Tesla shareholders voted to ratify the 2018 package of stock options. Tesla held the vote following a January ruling by a Delaware judge to void the compensation because Musk improperly controlled the negotiation process and the company misled shareholders about key details.
AFP News
Two employees leave Adidas amid China graft probe
Adidas said Wednesday two employees had left the company as the German sportswear giant investigates bribery allegations in China.As a result, both employees have left the company."
The Edge Singapore
Prudential Singapore to get new CEO in September
Chan San San is appointed CEO of Prudential SIngapore, reporting to Dennis Tan, MD of Strategic Business Group, a regional role
Reuters
Oil up ahead of US inflation data, set for third weekly gain
BENGALURU (Reuters) -Oil prices rose on Friday and were on course for a third straight weekly jump buoyed by growing expectations that the U.S. Federal Reserve will soon start cutting interest rates and U.S. inflation data due later in the day. Brent crude futures for August settlement , which expire on Friday, were up 54 cents, or 0.63% to $86.93 a barrel by 0845 GMT. U.S. personal consumption inflation data, the Fed's preferred measure of inflation, is due to be released at 1230 GMT.
Reuters
Biden awards up to $75 million in CHIPS Act grant to Entegris
"We’re not just bringing leading-edge chip technology and (factories) to the United States, we’re also bolstering the suppliers that make leading-edge manufacturing possible,” U.S. Secretary of Commerce Gina Raimondo said in a statement. Congress in 2022 approved the Chips and Science Act to boost domestic semiconductor output with $52.7 billion in research and manufacturing subsidies. According to the Commerce Department, the project's first phase would support the production of liquid filter membranes and Front Opening Unified Pods (FOUPS), specialized containers invented by Entegris to secure semiconductor wafers when transported during the manufacturing process.
GOBankingRates
6 Ways To Build Wealth After Getting Laid Off — That Don’t Include a New Job
Layoffs are a fact of life in the modern economy -- even when the economy is growing and unemployment is low, like now. The list of companies that have announced layoffs this year alone reads like a...
Reuters
Factbox-Companies forging a rare earths industry in the EU
In the rare earths sector, the EU will struggle to meet most of its ambitious goals in new legislation designed to boost domestic output of critical minerals and reduce dependence on China. Below are some key companies working on rare earths, with production figures in metric tons per year. Neodymium and praseodymium (referred to in the industry by their joint elemental abbreviation, NdPr) are key rare earths needed to make permanent magnets.
Investing.com
Oil prices settle higher, but gains capped by surprise inventory build, dollar
Investing.com-- Oil prices settled slightly higher Wednesday, though gains were capped by unexpected build in U.S. inventories and a stronger dollar.
Reuters
Ten big banks settle US interest rate swaps rigging litigation
Ten large banks including Bank of America, Goldman Sachs and JPMorgan Chase will pay $46 million to settle a long-running antitrust lawsuit accusing them of conspiring to rig the now $465.9 trillion market for interest rate swaps. Lawyers for investors filed a preliminary settlement to end the eight-year-old nationwide case on Thursday in Manhattan federal court. The settlement requires approval by U.S. District Judge Paul Oetken, and boosts the value of all settlements in the case to $71 million.
The Telegraph
The North Sea could be finished under Labour
David Latin is losing his patience. The chairman of Serica Energy has worked in the oil and gas industry for more than 30 years. He once ran a company that drilled in a war zone.
The Guardian
BP imposes hiring freeze and halts new offshore wind projects
New boss Murray Auchincloss reverses move away from fossil fuels, which had weighed on company’s share price
Benzinga
The Average Millennial Expects To Retire Before 60, Why Many Think This Is Unattainable
The average millennial expects to retire before age 60, but many critics think these expectations are unrealistic for today's standards. Surveys and reports from experts in the finance industry illustrate why early retirement could be a challenge for millennials. YouGov surveyed millennials, with the largest share, about 30%, saying they expect to retire between ages 51 and 60. Another survey by Principal Financial shows that the average millennial expects to retire by age 59. Don't Miss: Are yo
SmartAsset
Ask an Advisor: We Have $1.25M in Retirement Savings and Need to Withdraw $50k Per Year. How Should We Invest it?
We have $250,000 in the bank and one million to invest for retirement with no debt. We need to earn $50,000 a year from the million. Where should I invest it? -Rob First, congratulations on saving $1 million for your retirement – I'm sure a lot of hard work has gone into this! You have […] The post Ask an Advisor: We Have $1.25M in Retirement Savings and Need to Withdraw $50k Per Year. How Should We Invest it? appeared first on SmartReads by SmartAsset.
GOBankingRates
I’m a Financial Expert: Here are 7 Things Boomer Entrepreneurs Need to Know About Starting a Business
There are various reasons why someone may want to start a business in their golden years. Perhaps they're retired and miss the workforce. Maybe they've always nurtured a passion for entrepreneurship...
Investing.com
Oil prices settle higher on supply disruption jitters amid geopolitical tensions
Investing.com -- Oil prices settled higher Thursday as rising Middle East tensions stoked worries about global supplies disruptions, overshadowing data from a day earlier showing a surprise build in U.S. inventories.
GOBankingRates
4 Pillars Your Retirement Plan Must Include
According to a Schroders survey, 32% of retired Americans feel that they don't have enough saved up, and 58% admitted that they have no idea how long their nest egg will last. Creating a retirement...
Reuters
India's BPCL sees nearly flat annual crude processing, executive says
India's state-run Bharat Petroleum Corp does not see any major change in its annual crude processing this fiscal year, as it plans to shut a crude unit at its biggest refinery for a month for maintenance, an executive said on Thursday. BPCL, the country's third-largest oil refiner, plans to shut its 120,000 barrels per day (bpd) crude unit and some secondary units at the 310,000 bpd Kochi refinery in southern India from mid-September, said Sanjay Khanna, the company's head of refineries, at an industry event. In the last fiscal year ended March 31, BPCL processed nearly 800,000 bpd of crude at its three refineries that have a combined nameplate capacity of 708,000 bpd, he said.

Straits Times Index

Nikkei

Hang Seng

FTSE 100

Bitcoin USD

CMC Crypto 200

S&P 500

Dow

Nasdaq

Gold

Crude Oil

10-Yr Bond

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

EnsembleIQ’s Canadian Grocer Unveils the 2024 Star Women in Grocery Award Winners

Latest stories

Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space

Modi's govt calls on Indian state to look into Reuters report on Foxconn hiring

Potential China action against EU pork may be double-edged sword for Brazil

Elon Musk won $56 billion payday because of vote, Tesla argues in court

Two employees leave Adidas amid China graft probe

Prudential Singapore to get new CEO in September

Oil up ahead of US inflation data, set for third weekly gain

Biden awards up to $75 million in CHIPS Act grant to Entegris

6 Ways To Build Wealth After Getting Laid Off — That Don’t Include a New Job

Factbox-Companies forging a rare earths industry in the EU

Oil prices settle higher, but gains capped by surprise inventory build, dollar

Ten big banks settle US interest rate swaps rigging litigation

The North Sea could be finished under Labour

BP imposes hiring freeze and halts new offshore wind projects

The Average Millennial Expects To Retire Before 60, Why Many Think This Is Unattainable

Ask an Advisor: We Have $1.25M in Retirement Savings and Need to Withdraw $50k Per Year. How Should We Invest it?

I’m a Financial Expert: Here are 7 Things Boomer Entrepreneurs Need to Know About Starting a Business

Oil prices settle higher on supply disruption jitters amid geopolitical tensions

4 Pillars Your Retirement Plan Must Include

India's BPCL sees nearly flat annual crude processing, executive says