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Facebook users care less about privacy than regulators

8 hours ago DieselGasoil Comments Off on Facebook users care less about privacy than regulators
(Reuters) – Facebook Inc is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter. FILE PHOTO: Small toy figures are seen in front of Facebook logo in this illustration picture, April 8, Read More

Gucci owner Kering close to settling Italian tax case for 1.3 to 1.4 billion euros: sources

21 hours ago DieselGasoil Comments Off on Gucci owner Kering close to settling Italian tax case for 1.3 to 1.4 billion euros: sources
MILAN (Reuters) – French luxury group Kering is close to agreeing to pay between 1.3 billion and 1.4 billion euros ($1.5-1.6 billion) to settle a dispute with Italian authorities over unpaid taxes by its fashion brand Gucci, three sources told Reuters on Thursday. FILE PHOTO: Gucci logo is seen in a store at Fiumicino airport Read More

European shares hit highest since August on Credit Suisse, SAP

2 days ago DieselGasoil Comments Off on European shares hit highest since August on Credit Suisse, SAP
LONDON (Reuters) – World shares pared back losses on Wednesday as positive earnings in Europe from Credit Suisse and investor support for SAP helped soothe worries that China has put broader stimulus on hold. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Read More

Credit Suisse will receive Saudi banking license, finance minister says

2 days ago DieselGasoil Comments Off on Credit Suisse will receive Saudi banking license, finance minister says
RIYADH (Reuters) – A banking license to operate in Saudi Arabia will be issued to Credit Suisse, Mohammed al-Jadaan, the kingdom’s finance minister said on Wednesday. The Swiss bank has been seeking to obtain a full banking license in the Middle East’s largest economy and in July last year the bank’s Chief Executive, Tidjane Thiam, Read More

Credit Suisse lifts profit with surprise equity trading gains

2 days ago DieselGasoil Comments Off on Credit Suisse lifts profit with surprise equity trading gains
ZURICH (Reuters) – Credit Suisse set a positive tone for this quarter’s European bank results on Wednesday, lifting its net profit as gains in equities and deeper ties between trading and private banking helped offset lower revenue. FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Read More

World shares fall as China stimulus worries offset upbeat Credit Suisse earnings

2 days ago DieselGasoil Comments Off on World shares fall as China stimulus worries offset upbeat Credit Suisse earnings
LONDON (Reuters) – World shares took a step back on Wednesday as signals that China has put broader stimulus on hold offset positive results from Credit Suisse, which kicked off the earnings season for European investment banks. FILE PHOTO: The German share price index DAX board is pictured at Frankfurt’s stock exchange in Frankfurt, Germany Read More

UBS Wealth closes U.S. equity overweight, favors emerging stocks

1 week ago DieselGasoil Comments Off on UBS Wealth closes U.S. equity overweight, favors emerging stocks
FILE PHOTO: Mark Haefele, Global Chief Investment Officer of UBS Wealth Management attends the Reuters Investment Summit, London, Britain, November 16, 2017. REUTERS/Paul Hackett (Reuters) – UBS Global Wealth Management has closed its overweight position in U.S. equities and shifted to an overweight in emerging market and Japanese stocks, it said on Thursday. UBS Global Read More

Nestle upbeat after U.S. and China boost first-quarter growth

1 week ago DieselGasoil Comments Off on Nestle upbeat after U.S. and China boost first-quarter growth
ZURICH (Reuters) – Nestle posted higher-than-expected sales growth in the first three months of the year after good momentum in the United States and China, putting it on track to meet its goal of more than 3 percent organic growth this year. FILE PHOTO: A Nestle logo is pictured on a coffee factory in Orbe, Read More

Transocean Ltd. Provides Quarterly Fleet Status Report

1 week ago DieselGasoil Comments Off on Transocean Ltd. Provides Quarterly Fleet Status Report
STEINHAUSEN, Switzerland, April 17, 2019 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. Since its last report Transocean added approximately $373 million in contract backlog, bringing total backlog to $12.1 billion. This Read More

WPP ENERGY’S TOKEN NOW LISTED ON TRADE.IO

1 week ago DieselGasoil Comments Off on WPP ENERGY’S TOKEN NOW LISTED ON TRADE.IO
Just 2 Weeks After Its Debut On Digifinex, WPP Token Expands To A Second Exchange, Adding A BTC Pairing. Geneva Switzerland, April 17, 2019 (GLOBE NEWSWIRE) — WPP Energy GmbH, a private Swiss Company (“WPP”) announced today that a second exchange, Trade.io, has listed WPP Token. DigiFinex was the first cryptocurrency to list WPP Token on April 04, Read More