Thursday, 16 Jan 2025

Business

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Asian shares tread water as investors watch trade talks

SHANGHAI (Reuters) – Shares in Asia were flat in early trade on Friday following a fall on Wall Street, with a deteriorating global economic outlook outweighing more signs of progress in trade talks between China and the United States. Early in the Asian trading day, MSCI’s broadest index of Asia-Pacific shares outside Japan was up […]

Cryptocurrency companies use 'backdoor' listings to ease into mainstream

HONG KONG (Reuters) – Several cryptocurrency exchanges have moved closer to mainstream markets by buying listed companies, looking to raise funds and present themselves as embedded in the traditional financial services world they once spurned. In the most recent deal, U.S. crypto broker-dealer Voyager Digital on Feb. 11 achieved a “backdoor” listing on Toronto’s Venture […]

China Uses DNA to Track Its People, With the Help of American Expertise

BEIJING — The authorities called it a free health check. Tahir Imin had his doubts. They drew blood from the 38-year-old Muslim, scanned his face, recorded his voice and took his fingerprints. They didn’t bother to check his heart or kidneys, and they rebuffed his request to see the results. “They said, ‘You don’t have […]

Apple, Goldman Sachs to jointly launch credit card paired with iPhone: WSJ

(Reuters) – Goldman Sachs Group Inc has teamed up with Apple Inc to issue credit cards that will be paired with iPhones and will help users manage their money, the Wall Street Journal reported here on Wednesday, citing people familiar with the matter. The card, which will be linked with Apple’s Wallet app, will allow […]

Copeland Spirits toasts lease deal for new distillery

Irish gin-maker Copeland Spirits has signed a 125-year lease on a site for its new distillery and visitor centre. The £600,000 (€750,000) investment from the Co Down firm is also expected to fulfil its ambition to move into new categories, including whiskey. Following recent planning application approval, Copeland will move its operations from its current […]

Danske Bank receives inquiry from U.S. SEC over money laundering

COPENHAGEN (Reuters) – The money laundering scandal at Danske Bank deepened on Thursday as the Danish lender said it had received an inquiry from the U.S. Securities and Exchange Commission (SEC). It said SEC was carrying out an investigation, adding to an ongoing criminal investigation by the U.S. Department of Justice. In addition to the […]

Student landlord fails in 'women's prison' appeal

The Tax Appeals Commission has said it was “startling” to suggest that student accommodation could be likened to the Dochas women’s prison in Dublin. The statement was made in a case where a student accommodation provider failed in an effort to exempt its dwellings from the local property tax. The provider was not named in […]

Glanbia stockpiling materials in UK as it prepares for hard Brexit

Glanbia has contingency plans to deal with a hard Brexit next month, but said that the impact of such an exit on the group would be marginal. The group generates about 3pc of its revenue in the UK, and also manufactures products there that are exported to mainland Europe. “We’re making sure as we work […]

Problem Solver: Re-examining your approach can help get you back on track

Q. I am in my 50s and have been running a business for the past 30 years. I find myself lacking motivation and enthusiasm and I am trying to look for new ideas to re-energise myself for 2019. Any thoughts would be welcome. A. Congratulations on having run the business successfully for the last three […]