Former Singapore Oil Mogul to Pay Liquidators, HSBC $3.6 Billion
(Bloomberg) — Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc, ending…
Oil Steadies as Traders Assess Shifting Risks in Mideast Crisis
(Bloomberg) — Oil steadied after Israel’s killing of Hezbollah’s leader, Hassan Nasrallah, with the market waiting to see how Iran will respond. Most Read from Bloomberg Global benchmark Brent traded…
Oil prices rise on Middle East supply risks as Israel steps up attacks
By Katya Golubkova TOKYO (Reuters) – Oil prices edged higher on Monday on increasing concerns of potential supply disruptions from the Middle East producing region after Israel stepped up attacks…
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- Legal Topics
- September 29, 2024
- 15 views
DOJ Announces Changes to Guidance on Corporate Compliance Programs, Updates on Whistleblower Program
In an address this week to the Society of Corporate Compliance and Ethics, Principal Deputy Assistant Attorney General Nicole M. Argentieri of the Department of Justice’s (“DOJ”) Criminal Division, highlighted several updates…
Fed’s rate cut could catapult mid-cap stocks over the S&P 500 as the top trade, strategists say
Goldilocks might be onto something. Over the past week, investors were busy figuring out the best way to play the Federal Reserve’s decision to lower interest rates for the first…
What 3 economists say is in store in a second Trump economy
"Chaos." "Destructive." "A big hit to people's pocketbooks." That's what the economy will look like under a second Trump administration, according to three economists across the policy spectrum, if the…
Commentary: AI is entering a whole new dimension
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching…
The Hedge Fund Betting Fed Cuts Can’t Revive ‘Failing’ Green Bets
(Bloomberg) — It’s wrong to expect that a cycle of interest-rate cuts from the Federal Reserve will suddenly revive the green transition, according to Barry Norris, the founder and chief…
Powell Speech and Jobs Data to Help Clarify Fed Rate Path
(Bloomberg) — The appetite of Federal Reserve policymakers for another large interest-rate cut in November may come into better focus in the coming week as Jerome Powell addresses economists and…
- Legal Topics
- September 28, 2024
- 18 views
USTR Finalizes New Section 301 Tariffs
The United States Trade Representative (USTR) published a Federal Register notice detailing its final modifications to the Section 301 tariffs on China-origin products. USTR has largely retained the proposed list of products subject…
