Business

Final variation of Trans-Pacific trade deal released

The original 12-member deal was thrown into limbo early last year when U.S. President Donald Trump withdrew by the agreement to prioritize protecting U.S. jobs. The 11 remaining nations, led by Japan, finalized a revised trade pact in January, called the Comprehensive in addition to Progressive Agreement for Trans-Pacific Partnership (CPTPP). the idea can be anticipated to be signed in ...

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bank restructuring, interest rates, markets volatility

After seven years of restructuring in which involved cutting thousands of jobs along with bank branches, HSBC has turned itself around with profits rising more than 140 percent over the last year. although the job of strengthening the bank will be not over, Chairman Mark Tucker said Wednesday, as the ever-changing global environment calls for a more agile business strategy. ...

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Fortescue wants to cut iron ore production costs

After its production costs hit a record low within the last quarter, Fortescue Metals wants to drive costs even lower This kind of financial year, according to the CEO of the Australian iron ore producer. Speaking to CNBC on “Street Signs,” Elizabeth Gaines, CEO of Fortescue Metals, talked about the strategies in which she believes will help the iron ore ...

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Bahrain sovereign fund in talks to invest in SoftBank Vision Fund: CEO

Alessandro Di Ciommo | NurPhoto | Getty Images CEO of Softbank Group Masayoshi Son attending a news conference in Tokyo on February 8, 2017. Bahrain’s sovereign wealth fund Mumtalakat is usually in early talks to invest in Softbank Group’s private equity fund of which aims to target the technology sector, its chief executive said. Mumtalakat could join some other Gulf ...

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Denver is usually ‘the most challenging’ city in US for first-time homebuyers, says report

Denver is usually “the most challenging” city from the country for first-time homebuyers, according to a fresh report. Mortgage company LendingTree ranked Denver toughest out of 100 cities nationally for first-time homebuyers, ahead of the next toughest cities, which included fresh York, San Francisco, Austin in addition to Las Vegas. LendingTree said of which used the following criteria to come ...

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Trump wants bump stocks banned for guns

Trump’s announcement came six days after a gunman killed 17 people, 14 of them students, at a high school in Parkland, Florida, while armed with an AR-15 assault rifle. “We cannot merely take actions of which make us feel like we are producing a difference. We must actually make a difference,” Trump said at a White House event honoring first ...

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