newszine

BRICS bank to invest in infrastructure projects in Brazil

4 days ago DieselGasoil Comments Off on BRICS bank to invest in infrastructure projects in Brazil
Investment worth $621 million will be provided by BRICS New Development Bank (NDB) to Brazil, according to the Institute for Applied Economic Research (Ipea). It said the bank has approved Brazilian projects on renewable energy, road building, railway construction, sanitation, telecommunications and an oil Refinery. NDB has also plans to launch its Americas Regional Office Read More

Terry Gou’s Taiwan presidential run fuels rally in Foxconn shares

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HONG KONG (Reuters) – Shares of Foxconn and its Shanghai and Hong Kong-listed units soared on Thursday as investors cheered news that the chairman of the world’s largest contract manufacturer will run for president of Taiwan. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of Read More

Foxconn’s Gou throws hat in ring for Taiwan presidency, with blessing of sea goddess

5 days ago DieselGasoil Comments Off on Foxconn’s Gou throws hat in ring for Taiwan presidency, with blessing of sea goddess
TAIPEI (Reuters) – Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan’s 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing. Gou, Taiwan’s richest person with a net worth of $7.6 billion according to Forbes, said he would join Read More

Trump vetoes bid to end US aid for Saudis in Yemen

5 days ago DieselGasoil Comments Off on Trump vetoes bid to end US aid for Saudis in Yemen
Donald Trump has vetoed a motion that would have stopped the US providing military aid to Saudi Arabia for their ongoing war in Yemen. Congress had passed a never-before-used war powers resolution in a bid to change White House policy on the conflict, which has raged for four years. Many in Washington have been keen Read More

Foxconn’s Gou says will follow order of sea goddess to run for Taiwan presidency

5 days ago DieselGasoil Comments Off on Foxconn’s Gou says will follow order of sea goddess to run for Taiwan presidency
FILE PHOTO: Terry Gou, founder and chairman of Foxconn, greets during an event that marks the 40th anniversary of the Taiwan Relations Act, in Taipei, Taiwan April 16, 2019. REUTERS/Tyrone Siu TAIPEI (Reuters) – Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will follow the order of a sea goddess who has Read More

Boeing 737 MAX software upgrade ‘operationally suitable’: FAA panel

6 days ago DieselGasoil Comments Off on Boeing 737 MAX software upgrade ‘operationally suitable’: FAA panel
(Reuters) – A review by a U.S. Federal Aviation Administration panel into Boeing Co’s grounded 737 MAX aircraft found a planned software update and training revisions to be “operationally suitable,” the agency said Tuesday, an important milestone in getting the planes back in the air. FILE PHOTO: A Boeing 737 MAX 8 sits outside the Read More

FAA panel finds Boeing 737 MAX software upgrade ‘operationally suitable’

6 days ago DieselGasoil Comments Off on FAA panel finds Boeing 737 MAX software upgrade ‘operationally suitable’
FILE PHOTO: A Boeing 737 MAX 8 takes off during a flight test in Renton, Washington, January 29, 2016. REUTERS/Jason Redmond/File Photo (Reuters) – A Federal Aviation Administration review board said on Tuesday that a software update to the grounded Boeing 737 MAX aircraft was found to be “operationally suitable.” Boeing said earlier this month Read More

White House talking to other possible Fed candidates: Kudlow

6 days ago DieselGasoil Comments Off on White House talking to other possible Fed candidates: Kudlow
WASHINGTON (Reuters) – The White House is considering other possible candidates for the board of the Federal Reserve although U.S. President Donald Trump still backs his two potential nominees, Herman Cain and Stephen Moore, White House economic adviser Larry Kudlow said on Tuesday. FILE PHOTO: White House economic adviser Larry Kudlow listens to a question Read More

Foxconn chairman to withdraw from daily operations, considers presidential run

6 days ago DieselGasoil Comments Off on Foxconn chairman to withdraw from daily operations, considers presidential run
(Reuters) – Foxconn’s Chairman Terry Gou said on Tuesday he is considering contesting Taiwan’s 2020 presidential election and the company said he would withdraw from the daily operations of the world’s largest contract manufacturer. FILE PHOTO: Terry Gou, founder and chairman of Foxconn, greets during an event that marks the 40th anniversary of the Taiwan Read More

Foxconn’s Gou says may run for Taiwan president, step back from daily business

6 days ago DieselGasoil Comments Off on Foxconn’s Gou says may run for Taiwan president, step back from daily business
TAIPEI (Reuters) – Foxconn’s Chairman Terry Gou said on Tuesday he is considering whether to run for Taiwan’s 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world’s largest contract manufacturer. Terry Gou, founder and chairman of Foxconn, greets during an event that marks the 40th anniversary of Read More