Tuesday, 19 Nov 2024

Dow closes 2018 with wild roller coaster ride

Japanese ambassador to Lebanon requests more cooperation on Ghosn -statement

(.)

BEIRUT, Jan 7 (Reuters) – Japan’s ambassador to Lebanon on Tuesday requested greater cooperation from President Michel Aoun in dealing with former Nissan boss Carlos Ghosn in order to avoid negative repercussions for their bilateral ties, Lebanon’s presidency said in a statement.

Ambassador Takeshi Okubo discussed with Aoun Japan’s “great concern” over the Ghosn case and said he is making great efforts to preserve relations between Lebanon and Japan, the statement said. (Reporting by Eric Knecht and Tom Perry; editing by Jason Neely)

Tesla’s stock surges toward another record; Elon Musk dances as ‘Giga Shanghai’ delivers cars

Shares of Tesla Inc. TSLA, +1.93% rallied 1.6% in premarket trading Tuesday, putting them on track for a fifth straight gain and third straight record high, after Chief Executive Elon Musk presided at a ceremony in which the first cars made at the electric vehicle maker’s Shanghai factory were delivered to customers. The stock has been on a tear recently, soaring 37% since the end of November through Monday, highlighted by the first deliveries of China-made Tesla cars a week ago and better-than-expected delivery data on Friday. On Tuesday, Musk tweeted a video of him dancing, "At Tesla Giga Shanghai NSFW!!" The stock has climbed 34.8% over the past year through Monday, while the S&P 500 SPX, +0.35% has advanced 27.3%. The company’s market capitalization as of Monday’s close was $81.4 billion, compared with the market caps of General Motors Co. GM, -1.32% of $51.2 billion and of Ford Motor Co. F, -0.54% of $36.3 billion.

Lebanon says it will take the necessary steps over Interpol red notice for ex-Nissan boss Ghosn

BEIRUT (Reuters) – Lebanon’s public prosecutor has received an Interpol red notice over fugitive ex-Nissan boss Carlos Ghosn and will take the necessary steps, caretaker justice minister Albert Serhan said on Tuesday.

In a statement Serhan said that no file had yet been received related to an arrest warrant issued by Japanese prosecutors for Ghosn’s wife Carole.

Japanese ambassador to Lebanon requests more cooperation on Ghosn: statement

BEIRUT (Reuters) – Japan’s ambassador to Lebanon on Tuesday requested greater cooperation from President Michel Aoun in dealing with former Nissan boss Carlos Ghosn in order to avoid negative repercussions for their bilateral ties, Lebanon’s presidency said in a statement.

Ambassador Takeshi Okubo discussed with Aoun Japan’s “great concern” over the Ghosn case and said he is making great efforts to preserve relations between Lebanon and Japan, the statement said.

Russia's Putin makes rare visit to Syria, meets Assad

BEIRUT/MOSCOW (Reuters) – Russian President Vladimir Putin is visiting Syria where he has held talks with his Syrian counterpart Bashar al-Assad in Damascus, Syrian state media and Russia’s Interfax said on Tuesday.

It marks Putin’s first trip to Syria since he visited Russia’s Hmeymim air base in Latakia province in 2017.

Russia deployed its air force to Syria in 2015, decisively turning the against rebels who were battling to topple Assad in the country’s civil war.

Goldman Sachs makes sweeping changes to match peers

Most major banks not prepared for ‘worst-case scenario’: Fed findings

Six of the eight largest banks have shortcomings in its ‘living wills,’ according to the Fed and the FDIC.

Goldman Sachs is making sweeping changes to make it easier to compare the storied Wall Street firm with its peers.

Continue Reading Below

IRAN’S OIL MUSCLE WEAKENED BY US ENERGY DOMINANCE

The New York-based investment bank announced new business segments for the reporting of its quarterly results. The changes will take place beginning with Goldman’s 2019 fourth-quarter results and annual results scheduled to be released on Jan. 15.

The new business segments are:

  • Investment Banking
  • Global Markets
  • Asset Management
  • Consumer Wealth & Management

CLICK HERE TO READ MORE ON FOX BUSINESS

Goldman expects the changes to “better reflect how the firm is now managed” and “help drive greater accountability for executing its forward strategy.”

Spain's Sanchez wins investiture vote, will lead coalition government

MADRID, Jan 7 (Reuters) – Spanish Socialist leader Pedro Sanchez on Tuesday secured parliament’s backing to form a government and end a lengthy political gridlock.

Sanchez, who leads an alliance with left-wing Unidas Podemos party, was supported by 167 of the 350 lower house legislators, while 165 voted against. The remaining 18 abstained. (Reporting by Inti Landauro, Belen Carreno, Emma Pinedo and Jose Elias Rodriguez Editing by Ingrid Melander)

Dow closes 2018 with wild roller coaster ride

London (CNN Business)Foreign exchange provider Travelex has been forced to take its computer systems offline following a cyberattack.

The company said in a statement on its US website Tuesday that a “software virus” was discovered on New Year’s Eve, which “compromised some of its services.”
“As a precautionary measure in order to protect data and prevent the spread of the virus, we immediately took all our systems offline,” the company said in its statement.

    Travelex said that there was “no indication that any personal or customer data has been compromised.”
    The UK company operates across 60 countries, offering foreign exchange and payment services. Travelex said that the attack has forced some branches to “provide foreign exchange services manually.”

    IT specialists and external cybersecurity experts are working to restore affected systems, the company said. Travelex apologized to customers for the inconvenience.
    London’s Metropolitan Police said in a statement that it was looking into the matter.
    “On January 2, the Metropolitan’s cyber crime team were contacted with regards to a reported ransomware attack involving foreign currency exchange. Enquiries into the circumstances are ongoing.”

      A message posted to Travelex’s UK website says that its services are “temporarily unavailable due to planned maintenance,” but makes no mention of the cyberattack.
      Travelex claims to be the world’s largest provider of foreign exchange for travelers.

      Related Posts