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1-10 results from 1000 for query «investing»

December 26, 2018 5:56 PM Alleged leader of Chinese consulate attack in Pakistan reported killed

QUETTA, Pakistan (Reuters) - One of the alleged masterminds of an attack by a Pakistani separatist group on the Chinese consulate in Karachi last month has been killed along with five associates, the insurgent group said on Wednesday. The Baloch Liberation Army (BLA), which opposes projects linked to China’s Belt and Road infrastructure initiative in resource-rich 112

December 4, 2018 9:51 PM Qualcomm unveils new chip to power 5G smartphones

SAN FRANCISCO (Reuters) - Chip supplier Qualcomm Inc (QCOM.O) on Tuesday unveiled a new generation of mobile phone processor chips that will power 5G smartphones in the United States as soon as next year. The key feature of the Snapdragon 855 chip, launched at an event in Hawaii, is a so-called modem for phones to connect to 5G wireless data networks 151

December 4, 2018 11:25 AM Chief at Alibaba video site Youku steps down amid corruption probe

BEIJING (Reuters) - The president of Alibaba Group Holding Ltd’s video streaming service, Youku, has stepped down and is believed to be talking to Chinese authorities as part of a potential corruption case, the company said on Tuesday. The abrupt departure comes amid a wider reshuffle of Alibaba executives as the company shores up its leadership following 163

November 30, 2018 3:53 AM Saudi crown prince meets India's Modi in Argentina

CAIRO (Reuters) - Saudi Crown Prince Mohammed bin Salman met with Indian Prime Minister Narendra Modi and discussed cooperation between the two countries in security, energy and investments, the Saudi press agency (Spa) said on Friday. The two leaders, who are currently in Argentina for the G20 summit, met in the prince’s residence in Buenos Aires and discussed 116

November 14, 2018 9:42 PM Conservation land in British Columbia gets $11m investment

Canada is investing C$14.6m ($11m; £8.5m) to set aside 7,900 hectares for wildlife conservation in the Rocky Mountains. The funding will help expand a tract of land in southeastern British Columbia (BC) already set aside for protection. The initiative is led by a conservation group, BC and the federal government, and will help protect some 40 species 90

November 13, 2018 7:39 PM Factbox: Amazon to get billions in breaks for HQ2 development

(Reuters) - Amazon.com Inc (AMZN.O) said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of New York City’s Queens borough and a Northern Virginia suburb of Washington, DC. Each would have up to 25,000 jobs and Amazon will create a new facility in Nashville with 5,000 jobs. The retailer 123

October 18, 2018 10:23 PM Bitcoin Ponzi Schemer Must Pay $2.5 Million, Federal Court Rules

WASHINGTON—A federal court ordered a New York trading firm to pay $2.5 million in fines and restitution for orchestrating a Ponzi scheme that defrauded at least 80 customers who thought they were investing in bitcoin. The Commodity Futures Trading Commission filed charges in this first ever antifraud case related to bitcoin in September 2017. The court 85

October 9, 2018 10:31 PM Mental health crisis could cost the world $16 trillion by 2030

LONDON (Reuters) - Mental health disorders are on the rise in every country in the world and could cost the global economy up to $16 trillion between 2010 and 2030 if a collective failure to respond is not addressed, according to an expert report on Tuesday. The “Lancet Commission” report by 28 global specialists in psychiatry, public health and neuroscience 133

October 8, 2018 8:39 PM China's Tencent invests $180 million in Brazil fintech Nubank

SAO PAULO (Reuters) - Chinese gaming and social media firm Tencent Holdings Ltd (0700.HK) paid $180 million for an undisclosed minority stake in Brazilian financial technology company Nu Pagamentos SA, both companies said on Monday. The move marks Tencent’s debut in Latin America’s largest economy at a time when Nubank, as the company is known, is preparing 102

October 7, 2018 2:00 PM Investment in Infrastructure Is Booming Despite Lack of Progress on Trump’s Pledges

Private-equity firms are on course to raise a record amount to invest in pipelines, telecom assets and the like Private-equity firms are on track to raise a record amount for infrastructure investing in 2018, as money managers bet on the growing need to upgrade and expand the world’s railroads, natural-gas pipelines and data centers. The firms collectively 98