Deutsche Bank headquarters raided over money laundering

04/12/18 02:18 PM By Nico - Comment(s)

The Frankfurt headquarters of Deutsche Bank have been raided by prosecutors in a money laundering investigation.

Germany's public prosecutor alleged that two staff members have helped clients launder money from criminal activities.

Police cars were seen outside the tower blocks that house the headquar...

A tax-efficient way to grow your investments and give to charity

04/12/18 02:04 PM By Nico - Comment(s)

A donor advised fund is a relatively simple, flexible and tax-efficient way to grow your investments and give to charity.

I've heard a lot about donor advised funds. Are they a good way to structure my charitable giving while getting tax benefits?


A donor advised fund is a relatively simpl...

The Worst Is Still Ahead For Investors

04/12/18 02:00 PM By Nico - Comment(s)

Currently, investors hear that “only recessions cause bear markets.” That is incredibly false and perhaps intentionally deceptive.

Is economic growth the cause of stock market growth? Is a recession necessary to cause a bear market? Is this a correlation that will allow you to get out of stocks in ti...

Fiber industry regulator to distribute free abaca planting material

04/12/18 01:54 PM By Nico - Comment(s)

THE Philippine Fiber Industry Development Authority (PhilFIDA) expects to distribute for free to abaca farmers planting materials that can produce up to 54.4 million abaca plants.

In a statement, PhilFIDA Executive Director Kennedy T. Costales said that the distribution of planting materials will hel...

Mining the white gold

04/12/18 01:46 PM By Nico - Comment(s)

A SMALL fishing community in Lobo, Batangas is putting a lot of investment in mining the so-called white gold in Lobo, Batangas.

A third-class municipality, Lobo is a coastal town known for its pristine environment and rich natural resources.

D&G: China shopping sites pull products in ad backlash

26/11/18 02:59 PM By Nico - Comment(s)

Dolce & Gabbana products have been pulled from Chinese e-commerce sites as the backlash against a controversial ad campaign grows.


The firm posted videos this week showing a Chinese model struggling to eat pasta and pizza with chopsticks.


The campaign was accused of trivialising Chines...

Renault-Nissan leaders to meet amid tensions over Ghosn ouster

26/11/18 02:52 PM By Nico - Comment(s)

PARIS/BEIJING (Reuters) - Renault-Nissan executives will attempt this coming week to shield their joint operations from a looming power struggle between the carmakers, following alliance boss Carlos Ghosn’s shock arrest over misconduct allegations.


Top executives from both manufacturers and thi...

Asian shares on defensive as plunging oil prices fan growth worries

26/11/18 02:46 PM By Nico - Comment(s)

TOKYO (Reuters) - Asian shares were on a slippery slope on Monday as plunging oil prices fanned worries about a dimming outlook for the global economy as investors brace for a crucial meeting between U.S. and Chinese leaders at the end of week.


MSCI's broadest index of Asia-Pacific shares outsi...

US, China in make-or-break meeting in Buenos Aires

26/11/18 02:42 PM By Nico - Comment(s)

PARIS — The United States and China have this week what may be their last chance to broker a ceasefire in an increasingly dangerous trade war when their presidents meet in Buenos Aires.


With global growth increasingly suffering from frictions between the two biggest economies, tensions will com...

Black Friday deals lure U.S. shoppers, biggest sales gains online

26/11/18 02:35 PM By Nico - Comment(s)

NEW YORK (Reuters) - Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on Black Friday, giving retailers a strong start to their make-or-break holiday season.


A healthy economy and rising wages gave people the confidenc...

Google News may shut over EU plans to charge tax for links

20/11/18 11:34 AM By Nico - Comment(s)

Search engine is lobbying hard to stop proposed tax, aimed at compensating news publishers.

Google’s top news executive has refused to rule out shutting down Google News in EU countries, as the search engine faces a battle with Brussels over plans to charge a “link tax” for using news stories.