financializer news A weblog highlighting financial topics making news in the international media.

asia europe: But even as investors have been drilled with headlines on continued weakness in developed economies in Asia and Europe, a significant share of companies with a large, global footprint haven't said that these trends are hurting their foreign profits or management's outlook, according to Market Watch. Starbucks Corp. Indeed, S&P 500 SPX, 0.47% firms consistently source more than 40% of their sales abroad. SBUX, 0.44% for instance, reported better-than-expected earnings on Thursday, while saying that sales in China grew by 3%. Dow DJIA, 0.31% component United Technologies Corp. UPS, -1.12%issued disappointing earnings, but the company's weakness was derived from the U.S. market, as international profits hit new records. UTX, 0.75%also beat analyst expectations, with strong revenue growth in its Otis division that grew sales in Asia by nearly 6%. United Parcel Service Inc. (news.financializer.com). As reported in the news.

church members: He asked forgiveness for the failings of those clergy who betrayed the trust invested in them to protect young people, according to The Japan Times. It is my heartfelt prayer that together we as a family of faith may be healed, Dolan added. The release, from the nation's second-largest Roman Catholic archdiocese, follows more than 120 such disclosures from other dioceses around the country as the church reckons with demands for transparency about sex abuse by clergy. ; In a letter to church members, Cardinal Timothy Dolan said he realizes the shame that has come upon our church due to the sexual abuse of minors. Church abuse watchdogs and lawyers for abuse accusers said the release of the list was a positive step, but some of them saw it as incomplete. Nor does it list priests who were ordained elsewhere and later served in New York. It doesn't include accused members of religious orders who worked in the archdiocese's churches and schools, though some orders have released their own lists. (news.financializer.com). As reported in the news.

building answers.ca: I would like to thank the hundreds of residents who submitted questions at Building Answers.ca for us to answer over the past three weeks, according to The Toronto Star. Here are the top three questions The amount of new home construction in the GTA is driven by factors including natural growth and rural-to-urban migration. The objective is to demystify the development and home-building process in the GTA, and to have a dialogue with residents about the housing challenges facing the region. Richard Lautens / Toronto Star 1. Questions came from a wide range of residents from young and old, to single parents and single-income families. How will the challenge of affordability affect our ability to purchase a home By far the largest number of questions we have received pertain to people's ability to afford a home in the GTA. Questions included the challenges of finding rental properties and the status of purpose-built rental buildings in the region. (news.financializer.com). As reported in the news.

housing ministry: The 50-acre complex was put into full operation in October 2015, according to Global Times China. It now has capacity to manufacture up to 200 carriages per year, as 84 percent of its total staff and 92 percent of the technicians at the production line are locally recruited. Located in the town of Batu Gajah, some 200 km from the capital of Kuala Lumpur, the CRRC Rolling Stock Center was designated as China's first overseas manufacturing base of its kind, focusing on manufacturing, overhaul as well as service and maintenance. Photo Xinhua Malaysia's housing ministry is currently in discussions with Chinese companies to build 100,000 houses this year for Malaysia's low-income population, Zuraida Kamaruddin, Minister of Housing and Local Government of Malaysia, told the Global Times. The program is part of the Malaysian government's plan to build 1 million affordable homes within the next 10 years for the country's poor. Kamaruddin, who is in Beijing for the Second Belt and Road Forum for International Cooperation, said they have signed MOUs with six Chinese companies, including China Railway Engineering Company, which will not only provide capital but also be responsible for the construction of the 100,000 houses. (news.financializer.com). As reported in the news.

incentive policy: National Bureau of Statistics NBS data showed on Saturday that China's industrial firms made 589.52 billion yuan 87.6 billion in profits in March, a growth of 13.9 percent year-on-year and a turnaround from the 14 percent drop in the first two months of 2019, according to Global Times China. That also marked the biggest monthly increase since July 2018, according to Reuters. The increase indicates a further rebound of the economy, analysts said. This is another sign of recovery for China's economy, and the growing momentum is likely to continue with the central government's incentive policy and a stabilizing economy, Dong Dengxin, director of the Finance and Securities Institute at the Wuhan University of Science and Technology, told the Global Times on Saturday. The March growth was mainly due to the pickup in production and sales, as well as a recovery of profits in key industrial sectors such as auto, steel and chemical engineering, analysts said. China posted a better-than-expected GDP growth of 6.4 percent in the first quarter of 2019, beating market expectations of 6.2 to 6.3 percent, official data showed. (news.financializer.com). As reported in the news.

consensus milestone: The three sides call for an orderly and responsible withdrawal of foreign troops from Afghanistan as part of the overall peace process, said the statement issued by the U.S. State Department, according to The Japan Times. They also said that the Taliban have made a commitment to fight the extremist Islamic State group and sever ties to al-Qaida. Zalmay Khalilzad, the U.S. envoy who is set shortly to hold his latest round of talks with the Taliban, called the consensus a milestone in efforts to end the war after he met Russian and Chinese representatives in Moscow. ; A joint statement by the three countries called for an inclusive Afghan-led peace process and outlined points expected to feature in an eventual agreement. The Taliban have promised to ensure the areas they control will not be used to threaten any other country, the statement said, calling on them to prevent any terrorist recruiting, training and fundraising. More to do but important milestone, he tweeted. Khalilzad said that the statement, along with his talks earlier in the week in London with European envoys, means we have an emerging international consensus on U.S. approach to end the war and assurances terrorism never again emanates from Afghanistan. (news.financializer.com). As reported in the news.

employment opportunities: In first half of the present fiscal year 2018-2019, over 1.87 billion US dollars of foreign investments from 139 projects entered the country while the transport and communication sector topped the list with over 680 million US dollars of investment, according to Global Times China. During the period, Singapore was listed as the largest investor with over 1.1 billion US dollars' investments, DICA's figures showed. The investment from Singapore was permitted by the commission for port and container yard on the build-operate-transfer BOT basis and was expected to create 1,176 employment opportunities for local people. (news.financializer.com). As reported in the news.

investment: And all 45 of the analysts surveyed by Fact Set are bullish on the stock for the past month, according to Market Watch. There's an old Wall Street adage that if everyone is leaning in the same direction, it's better to bet in the opposite direction. For one, the stock options market is prepping for a one-day post-earnings move that is less than that day's average over the past five years, as well as the most recent quarters. As famed economist John Maynard Keynes supposedly explained, the central principle of investment is to go against the general opinion, because if everyone is bullish, that investment is inevitably expensive and therefore unattractive. Don't miss Amazon earnings Revenue comes into focus in 2019. And on a short-term basis, the idea is that if you're bearish and wrong, the stock won't run too far against you, because everyone has already bought the stock; if you're right, the bang-for-the-buck will be greater because sellers may have a hard time finding a buyer since everyone had already bought, which could result in a bigger-than-warranted selloff. (news.financializer.com). As reported in the news.

cities: Tijuana had 2640 murders last year, the most per capita of anywhere in the world, according to Mexican organisation the Citizens' Council for Public Security, according to Nine News Australia. Every year the council releases a list of the top 50 most violent cities. To improve your experience update it here News World The most dangerous cities on Earth revealed By Nick Pearson10 24am Apr 27, 2019Facebook Tweet MailA tourist hotspot that sits literally on the border between Mexico and the United States has been named as the most violent city in the world. Tijuana is the perilous final step for Central American refugees fleeing violence. Tijuana Tijuana is in the middle of a violent gang war, with an estimated 90 per cent of murders linked to drug sales. AAP And the overwhelming number are in Latin America, with just three outside the Western Hemisphere.1. (news.financializer.com). As reported in the news.

crisis: It's not just the airlines feeling the pinch Boeing BA also said earlier this week that its earnings fell 21% in the first three months of the year because of the crisis, according to CNN. The company didn't break out the complete cost of its results from the 737 Max crisis, but in a presentation to investors, it said it had booked a charge related to fixing the plane's problems. American Airlines AAL Southwest Airlines LUV and European budget carrier Norwegian all revealed this week that the inability to utilize the troubled plane will cost the combined airlines nearly 600 million. Airlines started grounding the 737 Max in March after one of the planes flown by Ethiopian Airlines crashed, killing everyone on board. The crashes killed 346 people in total. It was the second accident involving the jet model in less than six months, after another flown by Indonesia's Lion Air crashed last October. (news.financializer.com). As reported in the news.

dollar: We don't have to match other candidates dollar for dollar, but with 20 people in the race, we do need to do everything we can to keep up, her email read, citing a tweet from Politico national correspondent Natasha Korecki, according to MSNBC. Symone Sanders Said Dems Don't Need White People To Lead. Elizabeth Warren used former Vice President Joe Biden's dramatic first-day fundraising to attack him in her own fundraising email. She Went To Work For Joe Biden ; That's more than ewarren raised in all of Q1, Korecki tweeted. REUTERS/Jonathan Ernst Warren's email continued, turning the attack on Biden by suggesting that he was in the pocket of the big donors she had eschewed for a more grassroots campaign and pointing out that the former Delaware senator already had ties to Comcast the parent company of NBC and MSNBC. How did Joe Biden raise so much money in one day Well, it helps that he hosted a swanky private fundraiser for wealthy donors at the home of the guy who runs Comcast's lobbying shop. That's more than ewarren raised in all of Q1 Natasha Korecki natashakorecki April 26, 2019U.S. Senator Elizabeth Warren D-MA L and Vice President Joe Biden listen to remarks at the dedication ceremony for the Edward M. Kennedy Institute for the United States Senate, in Boston March 30, 2015. (news.financializer.com). As reported in the news.

joe biden: It all starts with who knows Chinese President Xi the best, according to CNN. And as he consolidates his power by the month and masterminds China's rise to superpower status, it's a good bet that Xi is watching very closely. President Donald Trump and Democratic White House hopeful Joe Biden are previewing a possible election duel over the world's most important geopolitical relationship. Trump invoked the name of the most powerful Chinese leader since Mao Zedong on Friday as he probed for vulnerabilities in the armor of Biden who launched his campaign a day earlier. He's a pretty sleepy guy. Sleepy Joe. (news.financializer.com). As reported in the news.

night: The move will place Conservative MPs under pressure to back the plan, or explain why they refuse to do so, now fears over the combined problems of air pollution and climate change have risen to the top of the political agenda, according to The Guardian. On Saturday night Corbyn said the recent wave of protests were a massive and necessary wake-up call that demanded rapid and dramatic action, which only concerted government action and a green industrial revolution can deliver. Jeremy Corbyn's party will demand on Wednesday that the country wakes up to the threat and acts with urgency to avoid more than 1.5 C of warming, which will require global emissions to fall by about 45% from 2010 levels by 2030, reaching net zero before 2050. He said that if parliament backed the move and became the first national legislature to declare a climate emergency it would trigger a wave of action from governments around the world . The motion was welcomed by Greta Thunberg, the 16-year-old Swedish climate activist who has criticised the inaction of the world's politicians. We can not solve an emergency without treating it like an emergency. It is a great first step because it sends a clear signal that we are in a crisis and that the ongoing climate and ecological crises must be our first priority, she said. (news.financializer.com). As reported in the news.

wasn t: The agreement must be approved by U.S. District Judge Alison Nathan, who has presided over the case. ; The deal means Musk would no longer face the threat of being held in contempt as the SEC has demanded, according to The Japan Times. The agency had alleged that Musk violated a previous settlement requiring his tweets to be approved by a lawyer if they disclose important company facts. The Securities and Exchange Commission and Musk reached the agreement, which they detailed in filings Friday in federal court in Manhattan. The SEC said Musk violated the deal with a Feb. 19 tweet about Tesla vehicle production that wasn't approved by the company's disclosure counsel. Musk's attorneys contended his tweet that Tesla would produce about 500,000 vehicles this year didn't need approval because it wasn't new information that would be meaningful to investors. The agency contended that Musk hadn't sought the lawyer's approval for a single tweet. (news.financializer.com). As reported in the news.

office: Only Black Panther has a higher Rotten Tomatoes score, at 97%. The box office is down 18% through April 23 versus the year-earlier period, but it could still grow 3% for the quarter, according to MKM analyst Eric Handler, according to Market Watch. Although the film is 30 minutes longer than last year's Avengers Infinity War, it will likely account for more than 50% of all the industry's screens during the weekend and in a number of cases will be running for 72 straight hours, he wrote in a note to clients. Analysts are expecting the three-hour film to dominate the box office, buoyed by stellar reviews it has a 96% Rotten Tomatoes score and to mark an industry inflection point for both the second quarter and the full year. Cinema chain AMC Entertainment Holding Inc. We have set aside approximately 10 million seats and 58,000 showtimes for this historic event, said AMC CEO Adam Aron, according to a company statement. AMC, 0.65% said earlier that the film has already set a record for Thursday-night box office, a fact confirmed by Disney DIS, 1.95% . The record has shattered AMC's previous record for single-movie screenings over a weekend, and the film will have 10,000 more showtimes than the previous record weekend, held by the opening of Avengers Infinity War in 2018. (news.financializer.com). As reported in the news.

paint walls: You want to know your kids are settled at school or that it's worth investing in that season ticket for your commute, according to The Independent. You might even want to paint the walls in your own home without having to ask for permission first. You want to know you will have the same roof over your head for longer than the next two months. You want stability, to pay off your own mortgage rather than someone else's, and to save a huge chunk of money over the long term by buying rather than renting. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. With mortgage repayments typically being significantly lower than renting the equivalent property in most parts of the country, some studies suggest the difference in monthly bills alone could be hundreds of thousands of pounds over an adult life. (news.financializer.com). As reported in the news.

re forecast: Last year, global sales increased to 12.2 billion from less than 10 billion, and they're forecast to rise another 38% in 2019, to 16.9 billion, according to The Independent. The legalization of recreational marijuana in Canada, coupled with ongoing legalizations in the U.S. and the expected resolution of early supply-chain problems in California, the fifth-largest economy in the world by GDP gross domestic product is expected to drive the bulk of this growth. Sean 27, 2019 at 10 51AM The cannabis industry is booming, in case you haven't noticed. This growth opportunity has also encouraged pot stocks to become aggressive. Image source Getty Images. Since the beginning of 2018, we've witnessed numerous capacity expansion announcements with Canadian marijuana stocks, as well as a flurry of acquisition activity, especially among U.S. vertically integrated dispensary operators. (news.financializer.com). As reported in the news.

wind power: Janet Mills has taken to show she would be more supported of green energy than former Republican Gov, according to The Independent. Paul LePage, who lambasted wind power as a boutique source, fought subsidies for solar power and pulled the state out of a much-touted off-shore wind project. The state's new Democratic Gov. Robert F. Bukaty Facebook Twitter SMS Email Print Save FILE - In this Wednesday, Jan. 2, 2019 file photo, Gov. Soon after taking office, Mills announced renovation plans for the governor's mansion. Janet Mills acknowledges applause after taking the oath of office at the Augusta Civic Center in Augusta, Maine. (news.financializer.com). As reported in the news.

oscar party: The magazine says the couple exchanged vows Friday at the Ksar Char Bagh hotel in Marrakesh, according to The Toronto Star. In this Sunday, Feb. 24, 2019 file photo, Idris Elba and Sabrina Dhowre arrive at the Vanity Fair Oscar Party in Beverly Hills, Calif. Images featured by British Vogue on Instagram showed the star of Luther and The Wire sharing an embrace with Dhowre, a former Miss Vancouver. British actor Idris Elba has married model Sabrina Dhowre, a former Miss Vancouver, in Morocco. For the ceremony, she wore a classic white off shoulder gown and later changed into an embroidered dress with pearls and gemstones. Evan Agostini / Evan Agostini/Invision/AP The bride wore custom gowns by Vera Wang. (news.financializer.com). As reported in the news.

policy outrage: It seems the parties this time round have decided to forego the fake-tradie outrage and have a fake policy outrage instead, according to The Guardian. Mostly this campaign involved both parties and much of the media pretending to be outraged over things that are either fake or have been purposely mistaken. The campaign has mostly gone as expected, but usually by now there has been some outrage over a person in a campaign advert who is actually an actor. Labor targets family violence, Coalition funds skills as campaign resumes Read more Consider the response to Bill Shorten saying he would not impose any further taxes on superannuation. Shorten doesn't even know his own policies. The Liberal party and many in the media called this a major gaffe given the ALP has long had a policy to change the taxation of superannuation. (news.financializer.com). As reported in the news.

roig-franzia: Now he's shaping Trump's border policy. - The Washington Roig-Franzia Robert dobbs melania trump cnn donald trump fox busimness network kevin hassett ;delete wp meta data.tags;delete delete ; function var clavis Auxs ;var clavis AuxNames ;var clavis Keywords ;var clavis Topics ;var Mobility Interest of Enterprise Mobility of Enterprise Mobility 10.14.14 ; Active - DO NOT x26 of Politically Active - DO NOT 2 ; and and and and Fashion ; - JPMC - Decisive - JPMC - Middle - JPMC - Rebuilding safety neg ; Lifestyle - Professional / International Businessman ; kws ; Segment - Segment - Worldly of Asian Lifestyle Content ; of Asian Lifestyle of Baby of Baby of Baby Content by Political Neutral ; - Test Amendment Amendment Issues Content ; Auxiliary kws ; and American and Healthcare Beauty ; Sonoma kws and Auxiliary 554 ; positive Auxiliary kws ; Hotels Negative Hard Lemonade Negative and and and and TWP undefined TWP;TWP. Data typeof TWP. Data undefined - 36a7eb36cb60 - 20190427 - - - style views made Lou Dobbs a Fox powerhouse, according to MSNBC. Now he u2019s shaping Trump u2019s border policy. ; Roig-Franzia; Robert Washington dobbs; melania trump; cnn; donald trump; fox busimness network; kevin trump; president; Dobbs; cnn; Trump; network; call; breitbart; fox; show; immigration; council; lou; election; border; opinion; time; media; obrien; office; emergency; nation; executive; and Tradition; Communities and Subcultures; Congressional Elections; Luxury; Race and Ethnicity; Media and Advertising; oil tape sexting sexual abuse sex abuse ISIS ISIL Islamic State Al kurdi refugee 11 september 11 behead United downloads illegal drugs hate speech offensive language street protest labor strike union strike labor issue union issue teacher strike teachers 00 00 EDT end 04/18/2019 23 59 00 00 EST end 12/31/2019 23 59 00 00 EST end 12/31/2019 23 59 00 00 EST end 12/31/2019 23 59 19 00 EDT end 03/28/2019 18 59 00 00 EST end 01/16/2019 23 59 . NOADS 1 EU 1 b ; ;/ ;var new new x3d78145 ; x3df9316 ; x3db1774 ; x3d26a28 ; x3d48057 ; ;TWP. Data TWP. Data call Ad return new do Tracking var env do ApiCall svi var !svi Part return;var var new xhr new new doc.write ' x3cbody tOther beacon Data true window ; Now he's shaping Trump's border policy. description He really gets the word out, President Trump says of the Fox Business Network anchor. has Part css Selector .paywall is Part Of type Creative Work Product name The Washington Post productID publisher name The Washington Post logo type Image Object Hard-line views made Lou Dobbs a Fox powerhouse. (news.financializer.com). As reported in the news.

sanders: Bernie Sanders, but in this crowded field of 2020 candidates, none of them are willing to cede that ground, according to CNN. They came to this early caucus state Saturday armed with plans to fight for a 15 minimum wage, expand Medicare-for-All, unravel right-to-work laws, and to pressure corporate titans to pay more to Americans who are trying to patch together a living wage with two, and sometimes three, jobs. It is a constituency that was once strongly behind Vermont Sen. Democratic candidates' boldest ideas for 2020 Among the forum's questioners was Jennifer Berry, a McDonald's employee in Milwaukee who told California Sen. With a two-week paycheck of 514, she said she must also rely on government assistance, including Medicaid, food share benefits and Wisconsin's housing program. Kamala Harris on Saturday that she makes 9.90 an hour. (news.financializer.com). As reported in the news.

settlement: Some of the tweets that will need prior approval include those detailing information about the company's finances and specific company events, according to Tech Crunch, according to The Guardian. The SEC has said Musk violated an earlier settlement, which required him to submit public statements that would be of interest to investors for prior review. If the settlement is approved by U.S. District Judge Alison Nathan, his tweets regarding his company will be vetted by legal counsel prior to going live. The commission asked that Musk be held in contempt of court for that violation. He wrote that he had funding secured, although that was not true. The fight between Musk and the SEC began last August when the Tesla CEO sent a Tweet about possibly taking the company private. (news.financializer.com). As reported in the news.

celtics: The Celtics said Havlicek died Thursday in Jupiter, Florida, according to The Japan Times. He was 79. One play immortalized him forever. ; Havlicek stole the ball! Havlicek stole the ball! Celtics radio announcer Johnny Most screamed, a moment that remains among the famous plays in NBA history. The cause of death wasn't immediately available. Voted one of the 50 greatest players in NBA history, Havlicek's steal of Hal Greer's inbounds pass helped the Celtics hold off Philadelphia in the 1965 Eastern Conference final. The Boston Globe said he had Parkinson's disease. (news.financializer.com). As reported in the news.

china hungary: Chinese telecom giant Huawei signed an agreement with the University of Szeged on research and development in information technologies, according to Global Times China. ZTE ITS, a subsidiary of another Chinese telecom firm ZTE, engaged in smart transportation, also signed deals with Hungary's GB & Partners and EPS Global on car parking management. Photo Xinhua Companies from China and Hungary on Friday signed several cooperation agreements, as Hungary seeks to strengthen economic and trade ties with China and explore further opportunities under the Belt and Road Initiative BRI . On the sidelines of the Second Belt and Road Forum for International Cooperation BRF which opened in Beijing, a dozen companies signed seven business deals that cover sectors from telecom, aviation to pharmaceuticals. Speaking at a signing ceremony in Beijing, Hungarian Foreign and Trade Minister Peter Szijjarto said that his country welcomes more investments from Chinese companies in the European country and encourages more Hungarian companies to do business in the Chinese market. China and Hungary have seen warm bilateral ties in recent years, with trade and investment steadily rising. As long as the companies follow Hungarian laws and regulations and do not pose a threat to our national security, we welcome them and will treat them fairly, Szijjarto said through a Chinese interpreter, adding that deepening cooperation with China is crucial for Hungary's economic prospect. (news.financializer.com). As reported in the news.

court approval: Experts say he may be unable to communicate with her until the first trial verdict, many months away, unless the Tokyo District Court accepts his defense team's request to repeal it before then. ; Ghosn is facing multiple charges of alleged financial misconduct and was released on bail of 500 million 4.5 million . The Code of Criminal Procedure stipulates that bail conditions be set if a court agrees to a suspect's release, according to The Japan Times. But defense lawyers are allowed to request modifications regardless of the timing of the first trial. Chairman Carlos Ghosn was released from detention late Thursday evening under a bail condition that bars him from contacting his wife without court approval. There is a high possibility Ghosn's lawyers will request that the Tokyo District Court scrap the ban once they have narrowed down the critical points at issue, according to experts. Restricting communications and contact between my wife and me is cruel and unnecessary, Ghosn said in a statement after his release. Ghosn's defense lawyer, Junichiro Hironaka, says he does not believe the definition of contact was detailed. (news.financializer.com). As reported in the news.