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Staying sustainable while making money

Staying sustainable while making money

KUALA LUMPUR: Sustainability is no longer just a buzzword. It is becoming an important business strategy as stakeholders increasingly demand to know how corporations manage the economic, environmental and social risks and opportunities of their businesses. For global mobile operator Telenor Group, sustainability is about shared value. Telenor director (group sustainability) Jan Kristensen said it […]

November 14, 2015 | By | Reply More
Bursa Malaysia coming up with  guidelines to help  companies

Bursa Malaysia coming up with guidelines to help companies

MALAYSIAN businesses should start incorporating sustainability into their corporate strategies, which can strengthen their operations in the long run and attract a growing pool of investors. Bursa Malaysia chief regulator officer Selvarany Rasiah said Bursa Malaysia was coming up with comprehensive guidelines aimed at assisting listed issuers improve their sustainability-related disclosures to meet the evolving […]

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Amid VW scandal, report says EC had early knowledge of emissions issues

Amid VW scandal, report says EC had early knowledge of emissions issues

“In western Europe, the temporary sales stops for vehicles affected by the diesel issue had an impact on sales,” he added. BERLIN: A German business magazine alleged Friday that the European Commission was tipped off as early as 2011 to the emissions discrepancies that have turned into a massive scandal at auto powerhouse Volkswagen. The weekly, […]

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Dubai SME leads local SMEs to Expo Milano to explore partnerships and growth opportunities

Dubai SME leads local SMEs to Expo Milano to explore partnerships and growth opportunities

Dubai, Nov 14: Dubai SME, the agency of the Department of Economic Development in Dubai mandated to develop the small and medium enterprise (SME) sector, led a delegation of member SME owners to Milan as part of its participation in the Expo Milano 2015 event.   The team of nine SME owners joined the Dubai […]

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IMF experts recommend inclusion of Chinese yuan in elite currency basket

IMF experts recommend inclusion of Chinese yuan in elite currency basket

WASHINGTON: IMF experts recommended Friday that the Chinese yuan be included in the Fund’s SDR basket of currencies, backing a strong push by Beijing to join the elite grouping. Now the world’s second-largest economy, China asked last year for the yuan to be added to the grouping, but until recently the yuan’s exchangeability on international markets […]

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Any doubts over about December Fed hike may be swept away

Any doubts over about December Fed hike may be swept away

LONDON: Inflation numbers from the United States on Tuesday could be the provider of the final domino in the Federal Reserve’s track to raise interest rates next month. Earlier in November a robust report on U.S. employment hardened expectations for the Fed’s first rate increase in nearly a decade and if prices are shown to […]

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Euro slips after weak European growth data

Euro slips after weak European growth data

NEW YORK: The euro slipped against the dollar on Friday (Nov 13) as a slowdown in European growth raised expectations that the central bank will expand stimulus efforts in December. The common currency fell back to US$1.0764 from US$1.0814 late on Thursday, and to ¥131.99 from ¥132.58. Official data showed growth in the 19-nation eurozone […]

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IMF experts recommend inclusion of Chinese yuan in elite currency basket

IMF experts recommend inclusion of Chinese yuan in elite currency basket

WASHINGTON: IMF experts recommended on Friday (Nov 13)that the Chinese yuan be included in the Fund’s SDR basket of currencies, backing a strong push by Beijing to join the elite grouping. Now the world’s second-largest economy, China asked last year for the yuan to be added to the grouping, but until recently the yuan’s exchangeability […]

November 14, 2015 | By | Reply More
Investor case over Wal-Mart bribes hangs on judge's advice

Investor case over Wal-Mart bribes hangs on judge's advice

WILMINGTON, Del.: Big pension funds have been fighting for years to hold Wal-Mart’s board of directors liable for covering up a purported bribery scandal in Mexico. The outcome of the case turns in part on an unusual question: if a top judge offers unsolicited legal advice to plaintiffs, is it negligent to ignore it? The […]

November 14, 2015 | By | Reply More
Nasdaq says to develop blockchain services in Estonia

Nasdaq says to develop blockchain services in Estonia

NEW YORK: Exchange and clearing house operator Nasdaq Inc plans to develop several applications for blockchain, the technology underpinning the digital currency bitcoin, using its Estonian settling and clearing business, a senior Nasdaq executive said on Friday. The blockchain is a shared distributed ledger that records and stores digital assets. Parties can use the mechanism […]

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