Monday, 30 September 2019

Global shares steady, investors pin hopes on U.S.-China talks

Global share prices ticked up on Tuesday as some investors clung to hopes that China and the United States could work towards reaching a deal on trade and other issues in the fourth quarter.


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Japanese Consumers Chasing Discounts (Radio)



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VIDEO: Runaway airport cart spirals out of control and nearly hits airplane

Screen_Shot_2019 09 30_at_4_46_58_PMTwitter/Emergidoc

  • Video footage of a runaway cart on the tarmac at the Chicago O'Hare International Airport showed airport employees scrambling to subdue the vehicle.
  • A driver did not appear to be behind the wheel as the video footage was taken.
  • The cart nearly crashed into the nose of an airplane parked nearby before a vehicle being driven by an airport employee collided with the runway cart, bringing it to a stop.
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Video footage of a runaway cart on the tarmac at the Chicago O'Hare International Airport showed airport employees scrambling to subdue the vehicle.

The footage was obtained and shared on Twitter by Dr. Kevin Klauer, chief executive of the American Osteopathic Association, on Monday afternoon.

See the rest of the story at Business Insider

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SEE ALSO: A passenger filmed the engine cover coming off a United Airlines plane, which was forced to turn back to the airport



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Red Meat Not So Bad For You After All



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The New York Fed Chief Is Facing His Biggest Test. Here’s His Response.

The Federal Reserve Bank of New York president, a top economist, has been criticized for his bank’s response to turmoil in the repo market.

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Who Succeeds Mark Carney? Brexit Brings Uncertainty to the Bank of England

The central bank is independent, but its future leadership rests on the most political of questions: Who is in government?

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Brexit: Government to reveal detailed plan for EU negotiations

It includes the legal text of an updated Brexit deal, including suggested "customs clearance zones" in Northern Ireland.

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'Pure insanity': Intelligence veterans are floored by Barr's 'off the books' overtures to foreign officials about the Russia probe

Trump & William BarrChip Somodevilla/Getty Images

  • Intelligence veterans were puzzled by revelations that Attorney General William Barr personally urged foreign officials to cooperate with a Justice Department investigation into the origins of the Russia probe.
  • "This is unheard of," one former senior Justice Department official who worked closely with the former special counsel Robert Mueller when he was FBI director, told Insider.
  • The Washington Post reported that Barr has already made overtures to British intelligence officials about the matter and traveled to Italy last week to ask senior Italian officials to cooperate with the inquiry.
  • The New York Times reported that Barr also asked President Donald Trump to ask the Australian prime minister to cooperate with the investigation. And Trump named Barr as his personal envoy when making a similar request in July to Ukrainian President Volodymyr Zelensky.
  • "There are people at DOJ whose whole job is to coordinate investigative efforts with foreign governments," a longtime former federal prosecutor told Insider. "Makes a person wonder why Barr didn't trust them to do this stuff. Something he didn't trust career-DOJ people to do? Something more political than justice-related?"
  • Visit Business Insider's homepage for more stories.

National security veterans were flummoxed Monday by revelations that Attorney General William Barr traveled overseas and personally asked top foreign intelligence officials to help with a Justice Department inquiry into the origins of the Russia investigation.

The Washington Post reported Monday that Barr has already made overtures to British intelligence officials and last week traveled to Italy, where he and John Durham, the US attorney in charge of investigating the Russia probe's origins, asked senior Italian government officials to assist with Durham's work. The report said it was not Barr's first trip to Italy to meet with intelligence officials.

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BANKING AND PAYMENTS FOR GEN Z: These digital natives are the next big opportunity — here are the winning strategies

framework for serving gen zBI Intelligence

Generation Z, defined as customers born between 1996 and 2010, hold up to $143 billion in spending power, but haven't yet developed brand loyalties that dictate where they store and spend that money.

For banking and payments providers, attracting these customers while they're young could lead to lucrative relationships throughout their lives, with value increasing as they age, earn more money, and expand the number of financial products they engage with. 

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China Facing Many Pressures (Radio)



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RBA Hawkish Risk, Trump China Denial, Europe Jobs Hope: Eco Day



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Japanese Manufacturer Sentiment Drops to Lowest Level Since 2013



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'Bloomberg Daybreak: Australia' Full Show (10/01/2019)



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Credit Suisse contractor who hired a spy to trail a former top banker is reportedly dead by suicide

FILE PHOTO: Iqbal Khan, CEO International Wealth Management of Swiss bank Credit Suisse, speaks during Reuters

  • A lawyer representing security business Investigo says that the Credit Suisse contractor who hired the firm to investigate a former top executive, Iqbal Khan, is dead by suicide, according to a Bloomberg report on Monday. 
  • The contractor hired investigators from Investigo to look into Khan, Credit Suisse's former star banker, after he moved to co-head rival bank UBS's wealth management department.
  • Credit Suisse reportedly worried Khan would convince other employees to join him, according to Bloomberg. Khan will begin working for UBS on Tuesday.
  • Visit Business Insider's homepage for more stories.

A lawyer representing security business Investigo says that the Credit Suisse contractor who hired the firm to investigate a former top executive, Iqbal Khan, is dead by suicide, according to a Bloomberg report on Monday. 

The Credit Suisse contractor killed himself on Tuesday, Thomas Fingerhurth, the lawyer for security firm Investigo, reportedly said. Inside Paradeplatz, a Swiss business blog, first reported on the death.

See the rest of the story at Business Insider

NOW WATCH: Jeff Bezos is worth over $160 billion — here's how the world's richest man makes and spends his money

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SEE ALSO: A spy hired by Credit Suisse defends his role in a physical altercation with the ex-banker he was following



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Companies issued record amount of debt in September

Investors, clamouring for yield, were served up $434bn of new bonds globally

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A New York police officer was killed by friendly fire when he wrestled with a suspect in the Bronx, police say

nypd, cop car, cop, cops, police car, police, night, nyc, sept 2011, business insider, dngDaniel Goodman / Business Insider

  • New York Police Officer Brian Mulkeen, who died in an exchange of gunfire on Sunday in the Bronx, was killed "tragic case of friendly fire," Police Commissioner James P. O'Neill said during a news conference.
  • Mulkeen, 33, was shot twice by fellow officers, who accompanied him when approaching a suspect on probation, Antonio Lavance Williams, for questioning regarding a recent slew of shootings in the city.
  • Williams attempted to flee the officers, causing Mulkeen to wrestled the suspect to the ground, who was armed with a loaded, .32-caliber gun. Body cam footage captured Mulkeen repeating, "He's reaching for it," referring to the weapon, before the other officers discharged their weapons at both Mulkeen and Williams.
  • "Make no mistake — we lost the life of a courageous public servant solely due to a violent criminal who put the lives of the police, and all the people we serve, in jeopardy," O'Neill said.
  • Visit Insider.com for more stories.

New York Police officer, who died in an exchange of gunfire on Sunday in the Bronx, was killed in "tragic case of friendly fire," police said Monday.

Police Commissioner James P. O'Neill said during a press conference Monday that Officer Brian Mulkeen, 33, was shot twice by fellow officers in an anti-crime unit, who accompanied him when approaching a suspect on probation, Antonio Lavance Williams, for questioning regarding a slew of shootings in the city, The New York Times reported.

See the rest of the story at Business Insider

NOW WATCH: Nxivm leader Keith Raniere has been convicted. Here's what happened inside his sex-slave ring that recruited actresses and two billionaire heiresses.

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Lowy Institute's McGregor on China's Xi, Communist Party



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Sunday, 29 September 2019

Record U.S. tariff award over Airbus aid could fuel trade tensions

Transatlantic trade ties face renewed disruption this week when global arbiters are expected to grant the United States a record award allowing it to hit European imports with billions of dollars of tariffs in a long-running aircraft subsidy dispute.


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Japan property group Unizo faces revolt in deal battle

Investors fears conditions would go against country’s new M&A guidelines

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Asian shares, yuan off to calm start; focus on China

Asian shares and the Chinese yuan were off to a cautious start on Monday as investors looked to how Chinese financial markets will react to the news the U.S. administration is considering delisting Chinese companies from U.S. stock exchanges.


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Oil recovers from two-week low; U.S.-China trade war caps gains

Oil prices edged higher on Monday, rebounding from a two-week low in the previous session, although gains were checked by concerns about the outlook for the global economy.


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A risky corner of the ETF market has boomed this year as YOLO traders chase the rally

A fund that tracks Nvidia stock is one of the most popular leveraged ETFs. Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia F...