US-China trade war: Alibaba’s Jack Ma warns tensions could last for 20 years September 18, 2018 Jack Ma, chairman of Chinese tech giant Alibaba, has said the escalating trade war between the US and China could last for 20 years and be a “mess”, after President Donald Trump announced new tariffs overnight. At a speech to shareholders, he said Chinese businesses would move production to avoid the tariffs and called for [...]
US-China trade war: Alibaba’s Jack Ma warns tensions could last for 20 years September 18, 2018 Jack Ma, chairman of Chinese tech giant Alibaba, has said the escalating trade war between the US and China could last for 20 years and be a “mess”, after President Donald Trump announced new tariffs overnight. At a speech to shareholders, he said Chinese businesses would move production to avoid the tariffs and called for [...]
Petra Diamonds chief executive to step down as focus switches to regaining investor confidence September 17, 2018 Petra Diamonds has promised to win back the confidence of investors after increasing earnings and overcoming the challenges of a tumultuous year. The miner reported underlying earnings of $195.4m (£148.5m) for the six months ending 30 June – a 37 per cent rise on the previous year. The company announced yesterday that chief executive Johan [...]
Petra Diamonds chief executive to step down as focus switches to regaining investor confidence September 17, 2018 Petra Diamonds has promised to win back the confidence of investors after increasing earnings and overcoming the challenges of a tumultuous year. The miner reported underlying earnings of $195.4m (£148.5m) for the six months ending 30 June – a 37 per cent rise on the previous year. The company announced yesterday that chief executive Johan [...]
Former UBS trader Kweku Adoboli spared deportation hours before flight September 17, 2018 Former UBS rogue trader Kweku Adoboli has been spared deportation following a last-minute legal intervention. The 38-year-old, who has been detained since 3 September, was due to board a flight tomorrow night to his birth country, Ghana. After several failed appeals and applications for judicial review, his legal team lodged one final plea at 2pm today [...]
Former UBS trader Kweku Adoboli spared deportation hours before flight September 17, 2018 Former UBS rogue trader Kweku Adoboli has been spared deportation following a last-minute legal intervention. The 38-year-old, who has been detained since 3 September, was due to board a flight tomorrow night to his birth country, Ghana. After several failed appeals and applications for judicial review, his legal team lodged one final plea at 2pm today [...]
Sirius Minerals signs Brazilian supply deal for its Yorkshire mine September 17, 2018 Sirius Minerals has signed a new supply deal in Brazil for its Yorkshire mine as it continues to recover from soaring project costs. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m (£456m) to construct its mine under the North York Moors. Last [...]
Sirius Minerals signs Brazilian supply deal for its Yorkshire mine September 17, 2018 Sirius Minerals has signed a new supply deal in Brazil for its Yorkshire mine as it continues to recover from soaring project costs. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m (£456m) to construct its mine under the North York Moors. Last [...]
Businesses warned after mandate fraud losses more than double to £77m September 17, 2018 Businesses losses from mandate fraud have more than doubled to £77m in the past year as firms are urged to alert staff to the dangers. Figures from the police's Action Fraud unit, obtained by audit firm RSM, showed that businesses reported more than 3,451 incidents of mandate fraud in 2017-18 – up 123 per cent on the [...]
Businesses warned after mandate fraud losses more than double to £77m September 17, 2018 Businesses losses from mandate fraud have more than doubled to £77m in the past year as firms are urged to alert staff to the dangers. Figures from the police's Action Fraud unit, obtained by audit firm RSM, showed that businesses reported more than 3,451 incidents of mandate fraud in 2017-18 – up 123 per cent on the [...]
