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Hong Kong exchange appoints JPMorgan’s Aguzin as new CEO

Bloomberg Hong Kong’s stock exchange named Nicolas Aguzin, who heads JPMorgan Chase & Co.’s international private bank, as its new chief executive officer. After a protracted search, the 52-year-old banker was appointed to a three-year term as the top boss at Hong Kong Exchanges & Clearing Ltd., according to a statement that confirmed an earlier Bloomberg News report. He will ...

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UAE, China to celebrate Mars missions together, says envoy

BEIJING / WAM Dr Ali Obaid Al Dhaheri, UAE Ambassador to China, has said that with entering into the Chinese New Year, there is optimism on the horizon, with both the UAE and China achieving respective arrivals to the orbit of Mars. Al Dhaheri stated, “Spring Festival upon us as we enter into the Chinese New Year, many of us ...

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DP World reports 7.6% gross volume growth in Q4 2020

DUBAI / WAM DP World Limited has announced that it handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in Q4 2020, with gross container volumes increasing by 7.6 percent year-on-year on a reported basis and up 6.5% on a like-for-like basis. On a Fiscal Year (FY) 2020 basis, DP World handled 71.2 million TEU, ...

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