Crossing Continents recounts Standard Chartered’s story not a critique of British imperialism, silver crises, and currency reforms but of men and British achievement in the East, with in depth details from one of the richest archives available to any commercial bank, by giving rare and compelling perspective on the evolution of international trade and finance,…
Singapore registered X-Press Pearl with tonnes of chemicals and plastics is threatening marine life off the coast of Sri Lanka. Efforts to two the sinking cargo ship into deeper water to limit its environmental impact failed according to officials. Hundreds of tonnes of oil could leak into sea with some warning it would destroy the…
Daily Mail and General trust plc (DMGT)l the owner of The Daily Mail, the company operates in over forty countries through its subsidiaries, whose investment in online car seller Cazoo could be worth £950m ($1.35bn), an eight-fold return on its investment. The DMGT half year results reveal it put an extra £34m into Cazoo last…
HSBC has sold 80 retail branches network in America to Citizens bank and 10 others to Cathay Bank. There also more than $10bn of deposits and $3bn of loans. The HSBC US network has been consistently loss-making . Noel Quinn, HSBC CEO, is on a drive to Slash costs of $4.5bnand 35, 000 jobs after…
Mehul Chinubhai Choksi, Indian businessman from Mumbai, India, residing in Antigua who is wanted by the Indian Judicial authorities for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption and money laundering. Choksi, 63, in involved in Rs 12m Punjab National Bank scam. Mehul Choski was last seen driving…
Marks & Spencer has reported £201.2m loss in 52 weeks to 27 March down from £67.2m profit in the previous year due to pandemic lockdown. Last year M*S shed 7, 000 jobs across stores and management, as the losses were mainly due to the performance of its clothing division which suffered as non-essential retail was…
Ryanair commercial flight, FR4978 carrying 171 passengers on board, from Athens (Greece) to Vilnius (Lithuania) was diverted to Minsk (Belarus) for several hours, because of a bomb scare on Sunday in order to arrest a dissident journalist ex-editor of the Nexta group, Roman Protasewich, on board. The plane turned east to Minsk shortly before…
Bloomberg Journalist, Brad Stone, charts a revelatory and definitive portrait of Jeff Bezos, the Amazon founder’s journey to become the world’s richest man and Amazon’s expansion exponentially, inventing novel products like Alexa and disrupting countless industries. Its workforce quintupled in size ad its valuation has soared Lowell over a trillion dollars. Jeff Bezos who once…
Seventy one per cent of Americans believe the economy is rigged in favour of the rich starting with tax code. Former BlackRock executive Morris Pearl, the millionaire chair of the Patriotic Millionaires and Erica Payne, the organization’s founder, reveals and engaging and enlightening insider’s tour of th nations tax code, explaining how “the rich” manipulate…
Crackdown on the use of cryptocurrencies which have soared this year by Chinese regulators triggered chaotic trading in cryptocurrency markets. Bitcoin’s prices tumbled by 30 per cent with frequent rapid lurches lower, before clawing back its losses to less than 8 per cent. Ethereum, one of best performing cryptocurrencies in the past month, lost quarter…