Tag Archives: World Bank

Financial Daily Dose 10.8.2019 | Top Story: US blacklists 28 Chinese Tech Firms Even While Trade Talks Resume

BY: Michael D. Reif | October 8, 2019

The US has blacklisted 28 Chinese companies—mostly in the tech sector—over China’s “campaign targeting Uighurs and other predominantly Muslim minorities in the autonomous region of Xingjiang,” a move that’s drawn both criticism in China and also comes as the U.S. has actively sought to protect US tech giants in its various bilateral trade agreements – … Continue reading

Financial Daily Dose 8.5.2019 | Top Story: HSBC Ousts CEO After 18 Months and Cuts 4,000 Jobs

BY: Michael D. Reif | August 5, 2019

HSBC chief John Flint is out just 18 months after he assumed the role as head of the London-based bank, likely due to clashes with Board Chair Mark Tucker and the lender’s focus on expanding in China. HSBC also announced it will shed 4,000 jobs in an effort to improve finances – Bloomberg and NYTimes … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | February 5, 2019

USA Today publisher and media conglomerate Gannett has rejected a $1.3 billion hostile takeover bid from Alden Global Capital-backed MNG Enterprises, “kicking off a battle for shareholder votes to determine the future of the company” – NYTimes and WSJ Ex-Bond King and favorite of the Daily Dose BBG (that’s Big Billy Gross to the uninitiated) … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 8, 2019

The US and China have resumed trade talks in an effort to cool down an increasingly heated trade war between the economic powerhouses – NYTimes and WSJ and Marketplace and Bloomberg While we’re on the subject, the Times adds up what the tariffs at play in the US’s trade war with the world have meant … Continue reading