Noble Paid Its Co-CEO $20 Million as Losses Hit $5 Billion

Noble Group Ltd. handed its outgoing co-Chief Executive Officer Jeff Frase a remuneration package worth about $20 million last year, even as the commodity trader slumped to a record loss of almost $5 billion. The scale of the award, reported in Noble's annual financial statements last week, is likely to
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The fund, the world's best performer last year among macro funds with assets of more than $100 million, lost 16 percent, mainly from stock bets, according to preliminary figures in a newsletter obtained by Bloomberg. The decline in the Singapore-based fund's Class-B shares compares to a 0.9 percent
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Pressure on Donald Trump and Congress to enact gun-control measures isn't subsiding as Republican Senator Lindsey Graham said the president has an “obligation” to get behind the effort. Graham of South Carolina said Trump needs to make a proposal to Congress on gun control and school safety,
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Investors also reaped the benefit of improved payouts, as forecast by Bloomberg last month, with 32 positive dividend surprises outnumbering the 24 negative distribution results, according to Macquarie Group Ltd. One exception on the earnings front was Australia's mining industry, which is led by BHP
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Fortune Acron Regina: GOOD PROPERTY – See 1693 traveller reviews, 823 candid photos, and great deals for Fortune Acron Regina at TripAdvisor.
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The Reserve Bank of Australia has slipped even further back in the global race to tighten. Just over four weeks ago, traders were pricing in an Australian interest-rate hike — the first since 2010 — as a done deal for the fourth quarter. They've since backtracked to bet that Governor Philip Lowe will maintain
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Two years ago, Tang Xin had never set foot in Mexico and didn't know a word of Spanish. While his grasp of the language hasn't improved much since then, he has built one of the country's hottest apps. Noticias Aguila, which translates as News Eagle, now has 20 million users and became the No.
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The Philippine Economic Zone Authority (Peza) is in talks with Land Bank of the Philippines (Landbank) to open up credit facilities for economic zone development, a top official said. Peza Director General Charito Plaza said the pitch involved opening up credit facilities for local government units (LGUs),
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China's biggest political event of the year is a key opportunity to gather valuable trading intelligence about the world's second-largest economy. The National People's Congress brings almost 3,000 delegates from all over China — including some of the country's richest and most influential
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The State Bank of India (SBI) has raised its one-year MCLR or marginal cost of funds-based lending rate from 7.95 per cent to 8.15 per cent, while hiking similarly for two- and three-year loans. So have the ICICI Bank and Punjab National Bank, even if not by as much. The increase in MCLRs, below
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Although the real estate firm applied the discretionary system, rewarding workers based on fixed overtime work hours instead of actual hours worked, to around 600 workers including the man, many of them were engaged in business operations that are not supposed to be treated under such a working
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We provide assistance to campuses and medical centers on strategic planning, business case analysis, due diligence and market, valuation, and financial feasibility analysis for real estate matters. RESS supports campus leasing, licensing and other real estate activities with consulting services, training,
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Oaktree Specialty Lending logo Sheaff Brock Investment Advisors LLC acquired a new stake in Oaktree Specialty Lending Corp (NASDAQ:OCSL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 23,254 shares of the credit
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More notable recent Jiangxi Copper Company Limited (OTCMKTS:JIAXF) news were published by: Bloomberg.com which released: “China Top Copper Producer Halts Output After Pollution Order” on December 26, 2017, also Reuters.com with their article: “Jiangxi Copper targets investors with $300
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Without productivity gains Japan's economy will struggle to grow as the population shrinks. And limited growth means limited wage hikes. Productivity in the services sector, which employs almost 70 percent of workers, fell by more than 10 percent from 2003 to 2016, according to Bloomberg Economics.
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Kushner's family-run real estate company unsuccessfully tried to seek financing from Qatar's investment fund for its deeply troubled New York City property a month before Kushner backed a blockade on the Gulf kingdom, The Intercept reported on Friday. The same allegation surfaced during the summer
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KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB) have introduced the Cross-Border Solutions, which enables customers with CIMB accounts in Malaysia and Singapore to enjoy seamless and efficient cross-border banking experience. CIMB's Cross-Border Solutions cater to any
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Anixter International logo Swiss National Bank increased its holdings in Anixter International Inc. (NYSE:AXE) by 3.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 51,800 shares of the technology company's stock after buying an additional 1,800
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The institutional investor owned 1,723,695 shares of the business services provider's stock after purchasing an additional 341,787 shares during the quarter. Schroder Investment Management Group owned 3.04% of Tarena International worth $25,838,000 as of its most recent filing with the Securities
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The Bank's operations include its real estate investment trust subsidiary, Bridgehampton Community, Inc (BCI), a financial title insurance subsidiary, Bridge Abstract LLC (Bridge Abstract), and an investment services subsidiary, Bridge Financial Services LLC (Bridge Financial Services). Want to see what
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