January, 2017

• 5 January

  JPMorgan lashing by Indonesia signals global threat to analysts

  

    Bloomberg The world is getting more hazardous for skeptical analysts, the banks that employ them and investors who rely on their published research. Even by the rough-and-tumble standards of emerging markets, Indonesia’s punishment of JPMorgan Chase & Co. this week for a bearish analysis of the nation’s stock market stands out. The country’s finance ministry cut business ties with …

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• 5 January

  Nurturing their talent

  

    Veitshoechheim / DPA “Before I came here I was unemployed for quite a while,” says 26-year-old Anna-Lisa Imkeller, as she stands at a high desk in the workshop of the Farassat Foundation. Her table is covered with post-it notes, pens and papers, the model of a wind turbine stands on a shelf and the wall is covered with large …

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• 5 January

  Securing networks

  

    Bochum / DPA Heavily tattoed and pierced, wearing harem trousers and a fitted top at work: to look at Marion Marschalek, you might guess she’s a drifter doing the South-East Asian youth hostels, not a star mind at one of Germany’s oldest cyber security firms. The 28-year-old Austrian is in fact much in demand as a malware expert. Ever …

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• 5 January

  Libyan major oil port reopens as nation boosts crude output

  

    Bloomberg Libya is re-opening its last major oil-export terminal and producing at the highest level in more than two years as the war-torn country benefits from an exemption from OPEC output cuts. The Zawiya terminal is preparing to resume exports after the pipeline supplying it was re-opened, an official at the state-run National Oil Corp. said, asking not to …

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• 5 January

  Qatar’s Investment Holding Group plans acquisitions after IPO

    Bloomberg Investment Holding Group, which plans to sell shares on the Qatar Stock Exchange through an offering that opens next week, is seeking acquisitions that will lift earnings even if sales continue to decline. The company will either borrow or issue additional stock to buy new businesses because all of the proceeds from the initial public offering is going …

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• 5 January

  Oil rises as US crude supply falls, OPEC nations begin cuts

  

    Bloomberg Oil rose amid projections that US crude inventories declined while OPEC and other producers implement promised production cuts. Futures rebounded after tumbling 2.6 percent Tuesday. US stockpiles probably fell by 2 million barrels last week, according to a Bloomberg survey before an Energy Information Administration report Thursday. While OPEC member Kuwait has already cut output and non-member Oman …

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• 5 January

  China’s Iran crude imports to hit record high on new production

    BEIJING / Reuters China’s Iranian crude oil imports may rise to a record this year as state-owned oil firms lift more crude through their upstream investments while extending their current supply contracts, senior industry and trading sources said. Chinese firms were expected to lift between 3 million to 4 million barrels more Iranian oil each quarter in 2017 than …

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• 5 January

  Aramco raises oil pricing to Asia and US as OPEC reduces output

  

    Bloomberg Saudi Arabia raised pricing for February oil sales to Asia and increased premiums for light grades to the US as the world’s largest crude exporter prepares to reduce output to help counter a global oversupply. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, increased its official pricing for Arab Light crude to Asia by 60 cents a …

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• 5 January

  Stores go smart with bots, interactive shelves

  

    Bloomberg Tomorrow’s stores want to take a page from their online rivals by embracing advanced technology — everything from helpful robots to interactive mirrors to shelves embedded with sensors. The goal: Use these real-world store features to lure shoppers back from the internet, and maybe even nudge them to spend more in the process. Amazon’s new experimental grocery store …

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• 5 January

  Nvidia to offer new PC gaming service hosted in the cloud

    Bloomberg Nvidia Corp., the biggest maker of graphics chips, announced a new version of its Shield set-top box and the debut of an online service designed to bring millions of new consumers to high-end computer games. The new Shield will display high-resolution video and feature Google Assistant technology capable of recognizing natural-language commands and controlling other devices. CEO Jen-Hsun …

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