Wall St. clings to slight gains after Trump sparks U.S.-China trade hopes

NEW YORK (Reuters) – Wall Street’s major indexes edged higher on Friday in a rebound from the previous session’s losses after upbeat comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China “happening fast.” He added that Chinese […]

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Oil rises toward $69, but set for 2019's biggest weekly loss

LONDON (Reuters) – Oil rose toward $69 a barrel on Friday after two sessions of losses, but remained on track for its biggest weekly drop this year due to rising inventories and concerns of an economic slowdown. U.S. crude inventories rose to hit the highest since July 2017, suggesting ample supplies in the world’s top consumer. Meanwhile, worries that the […]

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Rental income and profit increase at Hibernia Reit

Listed landlord and developer Hibernia Reit reported rental income of €53.3m in the 12 months to 31 March, up 16.6pc on the prior year. Meanwhile, profit before tax was €124m, up from €107m a year earlier, according to preliminary results from the group. The profit included a revaluation surplus and disposal gains of €98m. Kevin Nowlan, CEO of Hibernia, said: […]

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Startup Diary: How to run a mini-conference: Part 2

Last week we reviewed Voxgig’s event planning. As a startup company that builds event-management software, it’s an important part of our product development process to use our own system for our own events – we see all the bugs before you do. We have been running meetups for a while, but now it’s time to run an actual conference. We’re […]

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Hong Kong's longest-serving CEO steps down, hands over to sons

HONG KONG (AFP) – David Li, the longest-serving chief executive officer of a major Hong Kong-listed company, is stepping down from the top position at Bank of East Asia after a 38-year run. Mr Li, 80, will withdraw from his day-to-day role as CEO from July 1 and will become executive chairman, according to a statement on Thursday (May 23). […]

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