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Burgeoning family offices manage $5.9 trillion: Campden

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ZURICH (Reuters) – The number of family offices — companies that manage portfolios for individual families — has risen by 38% over the past two years worldwide, advisory group Campden Wealth said, with the firms overseeing assets valued at $5.9 trillion. “We estimate that there are now 7,300 single family offices worldwide, with 42% housed Read More

High and dry: Alpine resorts grapple with climate change

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AROSA, Switzerland (Reuters) – The prospect of searing heatwaves driving holidaymakers to cool mountains and children asking grandparents about their memories of snow is focusing minds in Alpine ski resorts on the implications of climate change. Parts of the Gurschengletscher glacier are covered with tarps in Andermatt, Switzerland July 5, 2019. REUTERS/Arnd Wiegmann With global Read More

BOURBON Press Release: BOURBON partners with PEUGEOT Design Lab to design new cabins for its Crew boats

8 hours ago DieselGasoil Comments Off on BOURBON Press Release: BOURBON partners with PEUGEOT Design Lab to design new cabins for its Crew boats
PRESS RELEASE16 July 2019        BOURBON partners with PEUGEOT Design Lab to design new cabins for its Crew boats Bourbon Mobility, leader in offshore personel transport, proposes services inspired by the aviation industry for its customers. Future cabins will be developed in a range of 3 levels of comfort: “Business Class”, “Premium” and “Eco”. Bourbon Read More

Most big companies fail to report role in deforestation, charity says

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LONDON (Reuters) – Most big companies are failing to report the damage their operations are doing to forests despite committing to lighten their footprint under wider efforts to tackle climate change, according to a report published on Tuesday. FILE PHOTO: An aerial view shows deforested land during “Operation Green Wave” conducted by agents of the Read More

Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

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HOUSTON, July 15, 2019 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Series A Preferred Units”) for July 2019. Targa Resources Partners LP announced today that the board of Read More

Nomura pays $26.5 million to settle U.S. charges over traders’ lies about bond prices

21 hours ago DieselGasoil Comments Off on Nomura pays $26.5 million to settle U.S. charges over traders’ lies about bond prices
NEW YORK (Reuters) – Nomura Holdings Inc will pay $26.5 million to settle U.S. Securities and Exchange Commission charges that it failed to properly supervise five former traders who lied to customers about mortgage bond prices. FILE PHOTO: Investors stand in front of a screen showing the logo of Nomura Holdings in Tokyo, Japan, December Read More

LVMH pairs with Stella McCartney in ethical fashion bet

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British designer Stella McCartney appears at the end of her Fall/Winter 2019-2020 women’s ready-to-wear collection show during Paris Fashion Week in Paris, France, March 4, 2019. REUTERS/Stephane Mahe PARIS (Reuters) – French luxury goods conglomerate LVMH (LVMH.PA) said on Monday it was pairing up with British designer Stella McCartney to further develop her brand, just Read More

Waving flag, dodgy footprints & Stanley Kubrick: 50 years of moon landing conspiracy theories

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Ever since the Apollo 11 mission touched down on the lunar surface on July 20, 1969 and Neil Armstrong uttered the phrase “one small step for man, one giant leap for mankind” conspiracy theories, and debunkings, have abounded. As we near the 50th anniversary of one of the most iconic moments in human space Read More

Decommissioning in Shetland expands with the arrival of more North Sea structures

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7/15/2019 WEST SUSSEX — The Dales Voe decommissioning facility in Shetland is one step closer to becoming a center of excellence for recycling offshore structures from the North Sea with the arrival of two new installations for decommissioning by strategic partners Veolia and Peterson. The structures from Spirit Energy’s ST-1 arrived in the dedicated port Read More

Wall Street flat as Citi results weigh on bank shares

23 hours ago DieselGasoil Comments Off on Wall Street flat as Citi results weigh on bank shares
(Reuters) – Wall Street’s three main indexes eased from their record highs on Monday as bank stocks turned lower after the third largest U.S. lender, Citigroup, reported a squeeze in interest margins. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid Shares of Read More