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December 10, 2019
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Reuters - Business

SocGen’s heads of Asia trade finance depart after bunker fuel losses

Reuters
SINGAPORE/PARIS (Reuters) – Societe Generale’s regional heads of trade and commodities finance for Asia Pacific have left the Paris-based bank, raising concerns among Singapore-based shipping fuel traders that it may wind back financing services to the sector. The logo of French bank Societe Generale is pictured at a bank buidling...
Reuters - Business

Google Pay to offer checking accounts through Citi, Stanford Federal

Reuters
SAN FRANCISCO (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app, initially in partnership with Citigroup Inc (C.N) and a small credit union at Stanford University. The project, codenamed Cache, comes as rivals Facebook Inc (FB.O) and...
Reuters - Business

Google Pay to offer checking accounts through Citi, Stanford Federal next year

Reuters
SAN FRANCISCO (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app in partnership with Citigroup Inc (C.N) and a small credit union at Stanford University. The project, named Cache, comes as rivals Facebook Inc (FB.O) and Apple...
Reuters - Business

Google to offer checking accounts next year: source

Reuters
FILE PHOTO: The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo (Reuters) – Alphabet Inc’s (GOOGL.O) Google will offer personal checking accounts from sometime next year in partnership with Citigroup Inc (C.N) and...
Property

Commercial Real Estate Finance Market Shows New Life – Money

@BreaknNews
(NewsUSA) – Until recently, the commercial real estate market has made a sluggish recovery from the nation’s economic recession. The good news is that property values, rental rates and occupancy rates are improving, and commercial real estate appears to be gaining critical traction. Lower interest rates have started to help...
Property

Getting the Best Price for Your House to Help Finance Your Retirement – Money

@BreaknNews
(NewsUSA) – Have you forgotten something in figuring where you’re going to retire to? Let’s see, you’ve researched which states tax Social Security income (only 14, including Colorado, Connecticut, Kansas, North Dakota and Vermont). And you’ve even consulted the numbers-crunchers at Bankrate.com to learn which states scored highest overall in...
Property

Bitcoin Gains Can Become “Tax-Free” – Money

@BreaknNews
(NewsUSA) – The 2017 Reform Act of 2017 is starting to gain traction as former United States Congressman Mark Schauer (MI-07) suggest that the “Opportunity Zones created under the tax bill incentivize capital flow to businesses in low-income neighborhoods all over the nation. Investment of even a portion of unrealized...
Reuters - Business

London retains global finance throne amid Brexit chaos

Reuters
LONDON (Reuters) – From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit. The Canary Wharf financial district is seen from the construction site...
Reuters - Business

London retains global finance throne amid Brexit chaos

Reuters
LONDON (Reuters) – From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit. FILE PHOTO: A general view of London is seen from the...
CBS US News

Stocks down: Dow slides more than 500 points as economic concerns flare

CBS News
Stocks are slumping amid renewed concerns about U.S. economic growth and simmering trade tensions.  The Dow Jones Industrial Average sank 560 points Wednesday, or 2%, to 26,012, while the broader S&P 500 and technology-heavy Nasdaq each sank roughly 2%. The Dow remains up nearly 13% on the year, while the...

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