TAIPEI (Reuters) – Terry Gou, chairman of Apple supplier Foxconn, will retain a seat on the company’s proposed board, a source told Reuters on Friday, as he plans to run for Taiwan’s presidential election. Gou announced last month that he would contest Taiwan’s presidential election in January, seeking to represent the opposition Kuomintang (KMT) party […]

GREGORIO DE LAFERRERE, Argentina — The turquoise paint is peeling from the walls of Veronica Genovesi’s modest home. Her roof leaks, but she and her husband — both office cleaners — cannot afford to patch it. On the ragged streets of the shantytown across the road, where stinking outhouses sit alongside shacks fashioned from rusted […]

TOKYO (Reuters) – Shares in Japanese conglomerate SoftBank Group Corp tumbled 5.5% on Friday, a day after one of its biggest tech bets, Uber Technologies, priced its initial public offering at the low end of the targeted range. A successful market debut of Uber will be seen as a test of SoftBank’s investment strategy, as […]

Aer Lingus owner International Consolidated Airlines Group (IAG) has reported a 60.3pc drop in operating profit before exceptional items to €135m in the first quarter of 2019. Underlying profit after tax slumped 62.6pc to €70m. Chief executive Willie Walsh said European airlines were affected by “fuel and foreign exchange headwinds, market capacity impacting yield and […]

A SHORTAGE of workers is a bigger issue than Brexit for many companies, according to Ulster Bank chief executive Jane Howard. Speaking at her first Oireachtas Finance Committee, Ms Howard said while Brexit is top of the minds for a number of customers, “for many of our business customers, they tell us that labour shortages… […]

Investec has sold its wealth management business in Ireland to British investment management firm Brewin Dolphin for €44m. The decision to sell comes in light of changes in Investec’s Irish business model brought about by Brexit planning, and as part of consolidation taking place in wealth management in Ireland, the group said. The wealth management […]

Mind Your Business – Why hackers are targeting SMEs 14:04 mins Synopsis: Why and how are cyber attackers eyeing small and medium-sized enterprises (SMEs) in Singapore and the region? According to Allianz Global Corporate and Specialty, cyber incidents are a major cause of concern for Singaporean businesses – with 42 per cent of 200 Singapore respondents […]

SAN FRANCISCO (Reuters) – In 2015, Uber Technologies Inc went on a fundraising spree in China, tapping venture capitalists and state-backed corporations for cash and connections to try and navigate the Chinese regulatory environment. Uber ultimately pulled out of China, but the investors it gained in the country became part of a gallery of far-flung […]

THE National Treasury Management Agency (NTMA) has raised more than half of the debt it had targeted to borrow in 2019 after new fund-raising. The State debt agency borrowed €4bn due to be repaid in 2050 yesterday at yield – effectively the interest rate – of 1.53pc. Please log in or register with Independent.ie for […]

Steven Spielberg’s production company is cutting ties with the CBS prime-time show “Bull,” six months after it was reported that an actress on the show was paid millions to settle her sexual harassment claim against its lead actor. “We can confirm that we are no longer associated with the show,” a spokeswoman for Mr. Spielberg’s […]