Billionaire James Dyson reportedly buys $54 million penthouse in Singapore

The Wallich Residence is located within the Tanjong Pagar Centre (second from right), Singapore’s tallest building. British technology firm founder James Dyson and his wife have bought a luxury penthouse in Singapore for a record 73.8 million Singapore dollars ($54.2 million), according to The Business Times newspaper on Wednesday. The privately held company Dyson founded is known for selling $400 hair dryers and sleekly designed vacuum cleaners. The Business Times did not specify its sources, b


The Wallich Residence is located within the Tanjong Pagar Centre (second from right), Singapore’s tallest building. British technology firm founder James Dyson and his wife have bought a luxury penthouse in Singapore for a record 73.8 million Singapore dollars ($54.2 million), according to The Business Times newspaper on Wednesday. The privately held company Dyson founded is known for selling $400 hair dryers and sleekly designed vacuum cleaners. The Business Times did not specify its sources, b
Billionaire James Dyson reportedly buys $54 million penthouse in Singapore Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: huileng tan
Keywords: news, cnbc, companies, 54, james, wife, reportedly, million, singapore, dyson, wednesdaythe, buys, newspaper, business, penthouse, billionaire, records, times, wire


Billionaire James Dyson reportedly buys $54 million penthouse in Singapore

The Wallich Residence is located within the Tanjong Pagar Centre (second from right), Singapore’s tallest building.

British technology firm founder James Dyson and his wife have bought a luxury penthouse in Singapore for a record 73.8 million Singapore dollars ($54.2 million), according to The Business Times newspaper on Wednesday.

The privately held company Dyson founded is known for selling $400 hair dryers and sleekly designed vacuum cleaners.

The Business Times did not specify its sources, but local newspaper The Straits Times said it had reviewed documents revealing the purchase.

Official title records seen by Reuters show billionaire Dyson and his wife became tenants of the 99-year leasehold property on June 20. The records did not state the price paid, the wire said.


Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: huileng tan
Keywords: news, cnbc, companies, 54, james, wife, reportedly, million, singapore, dyson, wednesdaythe, buys, newspaper, business, penthouse, billionaire, records, times, wire


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Google bans apps that let users buy marijuana

The phrase China is using now that could mean the trade war will… The biggest Chinese newspaper made a warning to the U.S. using a phrase it only used twice in history, both of which involved full-on wars. Marketsread more


The phrase China is using now that could mean the trade war will… The biggest Chinese newspaper made a warning to the U.S. using a phrase it only used twice in history, both of which involved full-on wars. Marketsread more
Google bans apps that let users buy marijuana Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-29
Keywords: news, cnbc, companies, warning, twice, let, users, willthe, marijuana, used, google, bans, trade, phrase, war, apps, warsmarketsread, buy, using, newspaper


Google bans apps that let users buy marijuana

The phrase China is using now that could mean the trade war will…

The biggest Chinese newspaper made a warning to the U.S. using a phrase it only used twice in history, both of which involved full-on wars.

Markets

read more


Company: cnbc, Activity: cnbc, Date: 2019-05-29
Keywords: news, cnbc, companies, warning, twice, let, users, willthe, marijuana, used, google, bans, trade, phrase, war, apps, warsmarketsread, buy, using, newspaper


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Billionaire Warren Buffett has a ‘simple’ test for making tough decisions—here’s how it works

Achieving success and making tough decisions go hand in hand. So what’s the best way to make ethical decisions during tough times? That’s a question one student asked Warren Buffett at a 2005 Q&A session with Microsoft co-founder Bill Gates at the University of Nebraska-Lincoln. The ‘newspaper test’One would imagine that it’s no easy task managing Berkshire Hathaway’s 360,000 employees and making sure that all managers are making ethical decisions. And being the great leader that he is, Buffett


Achieving success and making tough decisions go hand in hand. So what’s the best way to make ethical decisions during tough times? That’s a question one student asked Warren Buffett at a 2005 Q&A session with Microsoft co-founder Bill Gates at the University of Nebraska-Lincoln. The ‘newspaper test’One would imagine that it’s no easy task managing Berkshire Hathaway’s 360,000 employees and making sure that all managers are making ethical decisions. And being the great leader that he is, Buffett
Billionaire Warren Buffett has a ‘simple’ test for making tough decisions—here’s how it works Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-10  Authors: tom popomaronis
Keywords: news, cnbc, companies, reputation, warren, test, thats, making, decisionsheres, newspaper, tough, written, managers, billionaire, buffett, works, decisions, simple


Billionaire Warren Buffett has a 'simple' test for making tough decisions—here's how it works

Achieving success and making tough decisions go hand in hand. So what’s the best way to make ethical decisions during tough times? That’s a question one student asked Warren Buffett at a 2005 Q&A session with Microsoft co-founder Bill Gates at the University of Nebraska-Lincoln. It all comes down to reputation, the billionaire told the audience. Integrity and ethics are essential for building a solid, positive reputation. They also indicate trust and adherence to high moral standards. “We have all the money we need,” Buffett said, referring to himself and Gates. “While we’d like to have more, we can afford to lose money. But we can’t afford to lose reputation. Not a shred.”

The ‘newspaper test’

One would imagine that it’s no easy task managing Berkshire Hathaway’s 360,000 employees and making sure that all managers are making ethical decisions. But Buffett has a smart strategy for this: “I ask the managers to judge every action they take — not just by legal standards, though obviously that’s the first test — but also by what I call the ‘newspaper test.'” If a manager expresses uncertainty, Buffett says he asks them how they “would feel about any given action if they know it was to be written up the next day in their local newspaper.” He tells them that the article would be “written by a smart but pretty unfriendly reporter” and read by their family, friends and neighbors. “It’s pretty simple,” he says. “If [the decision] passes that test, it’s okay. If anything is too close to the lines, it’s out.”

And being the great leader that he is, Buffett says his managers can call him if they want to check on something. “But if they do, there’s probably something wrong with them,” he jokes.

The ‘inner scorecard’


Company: cnbc, Activity: cnbc, Date: 2019-05-10  Authors: tom popomaronis
Keywords: news, cnbc, companies, reputation, warren, test, thats, making, decisionsheres, newspaper, tough, written, managers, billionaire, buffett, works, decisions, simple


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Wall Street bonuses reportedly being targeted again by bank regulators

Bank regulators are renewing efforts to require Wall Street executives to defer more compensation and claw back bonuses if losses happen, according to The Wall Street Journal. U.S. regulators are hoping to finish rules called for in the sweeping post-financial crisis banking regulation known as the Dodd-Frank Act, the Journal said. The thrust of the rules would be to more closely match pay with the long-term health of financial institutions. But the industry has stymied regulators’ earlier effor


Bank regulators are renewing efforts to require Wall Street executives to defer more compensation and claw back bonuses if losses happen, according to The Wall Street Journal. U.S. regulators are hoping to finish rules called for in the sweeping post-financial crisis banking regulation known as the Dodd-Frank Act, the Journal said. The thrust of the rules would be to more closely match pay with the long-term health of financial institutions. But the industry has stymied regulators’ earlier effor
Wall Street bonuses reportedly being targeted again by bank regulators Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: hugh son, michael nagle, bloomberg, getty images
Keywords: news, cnbc, companies, wall, newspaper, compensation, street, bonuses, restrictions, journal, targeted, regulators, pay, rules, bank, reportedly


Wall Street bonuses reportedly being targeted again by bank regulators

Bank regulators are renewing efforts to require Wall Street executives to defer more compensation and claw back bonuses if losses happen, according to The Wall Street Journal.

U.S. regulators are hoping to finish rules called for in the sweeping post-financial crisis banking regulation known as the Dodd-Frank Act, the Journal said. The thrust of the rules would be to more closely match pay with the long-term health of financial institutions. Talks are in an early stage and involve the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency, the newspaper said, citing sources with knowledge of the plans.

Banks and other financial firms faced a backlash over pay after the crisis because some traders and executives reaped millions of dollars for taking risks that later blew up, requiring taxpayer-funded bailouts. But the industry has stymied regulators’ earlier efforts to set restrictions on compensation, helped in part because of disagreement between the half-dozen regulators who have some role in bank supervision, the newspaper said.

While banks including Goldman Sachs have voluntarily implemented rules on vesting and sales of stock compensation, new rules could mandate stiffer restrictions and expand the number of bank employees subject to them, the newspaper said.

Securities firms paid out $31.4 billion in bonuses in New York in 2017, the most in a decade, according to the Journal.

Read the full Journal report here.


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: hugh son, michael nagle, bloomberg, getty images
Keywords: news, cnbc, companies, wall, newspaper, compensation, street, bonuses, restrictions, journal, targeted, regulators, pay, rules, bank, reportedly


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New Zealand’s former leader denies authoring pro-China op-ed for Communist Party newspaper

Former New Zealand Prime Minister Jenny Shipley has denied writing a pro-China opinion piece attributed to her, according to a report published by The Guardian on Wednesday. The op-ed, titled “We need to listen to China,” was published earlier this week by the People’s Daily — the official newspaper of the Chinese Communist Party. A note at the bottom of the piece said unambiguously that it was authored by the former prime minister. The piece bearing Shipley’s byline was the most-read article on


Former New Zealand Prime Minister Jenny Shipley has denied writing a pro-China opinion piece attributed to her, according to a report published by The Guardian on Wednesday. The op-ed, titled “We need to listen to China,” was published earlier this week by the People’s Daily — the official newspaper of the Chinese Communist Party. A note at the bottom of the piece said unambiguously that it was authored by the former prime minister. The piece bearing Shipley’s byline was the most-read article on
New Zealand’s former leader denies authoring pro-China op-ed for Communist Party newspaper Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: shirley tay, vcg, getty images
Keywords: news, cnbc, companies, minister, guardian, according, newspaper, published, prime, oped, leader, authoring, china, zealands, article, chinese, denies, party, communist, piece, prochina


New Zealand's former leader denies authoring pro-China op-ed for Communist Party newspaper

Former New Zealand Prime Minister Jenny Shipley has denied writing a pro-China opinion piece attributed to her, according to a report published by The Guardian on Wednesday.

The op-ed, titled “We need to listen to China,” was published earlier this week by the People’s Daily — the official newspaper of the Chinese Communist Party. A note at the bottom of the piece said unambiguously that it was authored by the former prime minister.

The article itself sang the praises of Chinese efforts on poverty reduction and gender equality, and it applauded the Belt and Road Initiative — an investment campaign introduced by China as a way to create a vast global infrastructure network inextricably tied to the country.

The piece bearing Shipley’s byline was the most-read article on the paper’s website on Wednesday, according to The Guardian. However, the former prime minister said the story was artificially constructed from an interview she did with a different Chinese state-run newspaper last year, according to comments reported by CNN.


Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: shirley tay, vcg, getty images
Keywords: news, cnbc, companies, minister, guardian, according, newspaper, published, prime, oped, leader, authoring, china, zealands, article, chinese, denies, party, communist, piece, prochina


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New Zealand’s former leader denies authoring pro-China op-ed for Communist Party newspaper

Former New Zealand Prime Minister Jenny Shipley has denied writing a pro-China opinion piece attributed to her, according to a report published by The Guardian on Wednesday. The op-ed, titled “We need to listen to China,” was published earlier this week by the People’s Daily — the official newspaper of the Chinese Communist Party. A note at the bottom of the piece said unambiguously that it was authored by the former prime minister. The piece bearing Shipley’s byline was the most-read article on


Former New Zealand Prime Minister Jenny Shipley has denied writing a pro-China opinion piece attributed to her, according to a report published by The Guardian on Wednesday. The op-ed, titled “We need to listen to China,” was published earlier this week by the People’s Daily — the official newspaper of the Chinese Communist Party. A note at the bottom of the piece said unambiguously that it was authored by the former prime minister. The piece bearing Shipley’s byline was the most-read article on
New Zealand’s former leader denies authoring pro-China op-ed for Communist Party newspaper Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: shirley tay, vcg, getty images
Keywords: news, cnbc, companies, minister, guardian, according, newspaper, published, prime, oped, leader, authoring, china, zealands, article, chinese, denies, party, communist, piece, prochina


New Zealand's former leader denies authoring pro-China op-ed for Communist Party newspaper

Former New Zealand Prime Minister Jenny Shipley has denied writing a pro-China opinion piece attributed to her, according to a report published by The Guardian on Wednesday.

The op-ed, titled “We need to listen to China,” was published earlier this week by the People’s Daily — the official newspaper of the Chinese Communist Party. A note at the bottom of the piece said unambiguously that it was authored by the former prime minister.

The article itself sang the praises of Chinese efforts on poverty reduction and gender equality, and it applauded the Belt and Road Initiative — an investment campaign introduced by China as a way to create a vast global infrastructure network inextricably tied to the country.

The piece bearing Shipley’s byline was the most-read article on the paper’s website on Wednesday, according to The Guardian. However, the former prime minister said the story was artificially constructed from an interview she did with a different Chinese state-run newspaper last year, according to comments reported by CNN.


Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: shirley tay, vcg, getty images
Keywords: news, cnbc, companies, minister, guardian, according, newspaper, published, prime, oped, leader, authoring, china, zealands, article, chinese, denies, party, communist, piece, prochina


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Subaru halts Japan car output due to defective part, shares slide

Subaru said its sole car factory in Japan accounting for roughly 60 percent of global production had halted output a week ago after it discovered a defect in a component procured from a supplier. The Asahi said the defect was found in the power steering unit, but Subaru said that had not been confirmed. Subaru is reeling from fresh recalls in Japan due to new cases of inspection cheating. A day before the stoppage, Subaru had announced production and sales plans for this year, saying it planned


Subaru said its sole car factory in Japan accounting for roughly 60 percent of global production had halted output a week ago after it discovered a defect in a component procured from a supplier. The Asahi said the defect was found in the power steering unit, but Subaru said that had not been confirmed. Subaru is reeling from fresh recalls in Japan due to new cases of inspection cheating. A day before the stoppage, Subaru had announced production and sales plans for this year, saying it planned
Subaru halts Japan car output due to defective part, shares slide Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-23  Authors: hitoshi yamada nurphoto, nurphoto, getty images
Keywords: news, cnbc, companies, sales, defective, production, japan, halted, shares, subaru, car, newspaper, halts, global, defect, slide, million, output, vehicles


Subaru halts Japan car output due to defective part, shares slide

Subaru said its sole car factory in Japan accounting for roughly 60 percent of global production had halted output a week ago after it discovered a defect in a component procured from a supplier.

Shares in the Japanese automaker slid more than 4 percent in early trade on the news, which was first reported in the Asahi newspaper on Wednesday. The benchmark Nikkei average was down 0.7 percent.

Subaru, which exports the majority of its domestically made cars, said it was still in the process of identifying where the defect was, and could not say when production would resume.

Output has been halted since the night shift on Jan. 16, it said.

The Asahi said the defect was found in the power steering unit, but Subaru said that had not been confirmed. The newspaper said the impact on production so far likely exceeds 10,000 units, and that delays were starting to be seen in delivery to customers.

Subaru is reeling from fresh recalls in Japan due to new cases of inspection cheating. In November, it slashed its profit forecast by a quarter citing rising recall costs.

A day before the stoppage, Subaru had announced production and sales plans for this year, saying it planned to build 650,000 vehicles in Japan, and 1.03 million globally.

It has forecast record global sales of 1.08 million vehicles, of which 700,000 are expected to come from the profitable U.S. market.


Company: cnbc, Activity: cnbc, Date: 2019-01-23  Authors: hitoshi yamada nurphoto, nurphoto, getty images
Keywords: news, cnbc, companies, sales, defective, production, japan, halted, shares, subaru, car, newspaper, halts, global, defect, slide, million, output, vehicles


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Paris informs Tokyo it wants Renault and Nissan to integrate

A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, the Nikkei reported on Sunday. The delegation, which included French government-designated Renault director Martin Vial, also said that it wanted to name Nissan’s next chairman, according to the report. The French government has requested Renault hold a board meeting in coming days to replace Ghosn. Finance Minister Bruno Le Maire


A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, the Nikkei reported on Sunday. The delegation, which included French government-designated Renault director Martin Vial, also said that it wanted to name Nissan’s next chairman, according to the report. The French government has requested Renault hold a board meeting in coming days to replace Ghosn. Finance Minister Bruno Le Maire
Paris informs Tokyo it wants Renault and Nissan to integrate Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-20  Authors: patrick t fallon, bloomberg, getty images
Keywords: news, cnbc, companies, tokyo, wants, senard, paris, newspaper, integrate, maire, ghosn, french, le, renault, jeandominique, informs, nissan


Paris informs Tokyo it wants Renault and Nissan to integrate

A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, the Nikkei reported on Sunday.

The delegation, which included French government-designated Renault director Martin Vial, also said that it wanted to name Nissan’s next chairman, according to the report. Nissan was not immediately available for comment.

Nissan ex-chairman Carlos Ghosn, arrested and detained in Tokyo since Nov. 19, has been indicted in Japan on charges of under-reporting his salary for eight years through March 2018, and temporarily transferring personal investment losses to Nissan during the global financial crisis. Ghosn has denied all charges.

The French government has requested Renault hold a board meeting in coming days to replace Ghosn. Finance Minister Bruno Le Maire said in a newspaper interview published on Sunday that Michelin (MICP.PA) Chief Executive Jean-Dominique Senard could be a good choice to head Renault.

“The French state, as shareholder, will have its say. What I can tell you, is that Jean-Dominique Senard has a renowned competence with regards to the automobile industry,” Le Maire told France’s Journal du Dimanche newspaper.


Company: cnbc, Activity: cnbc, Date: 2019-01-20  Authors: patrick t fallon, bloomberg, getty images
Keywords: news, cnbc, companies, tokyo, wants, senard, paris, newspaper, integrate, maire, ghosn, french, le, renault, jeandominique, informs, nissan


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China sprouts plants on the moon for the first time ever

China makes history by landing spacecraft on far side of the moon 11:53 AM ET Thu, 3 Jan 2019 | 00:55Now a photograph has been released by the China National Space Administration, according to the South China Morning Post, which shows cotton seeds sprouting in a sealed container. The image was shared on Twitter on Tuesday by the People’s Daily newspaper, a mouthpiece for China’s ruling Communist Party. The newspaper said in a tweet that the development marks “the completion of humankind’s first


China makes history by landing spacecraft on far side of the moon 11:53 AM ET Thu, 3 Jan 2019 | 00:55Now a photograph has been released by the China National Space Administration, according to the South China Morning Post, which shows cotton seeds sprouting in a sealed container. The image was shared on Twitter on Tuesday by the People’s Daily newspaper, a mouthpiece for China’s ruling Communist Party. The newspaper said in a tweet that the development marks “the completion of humankind’s first
China sprouts plants on the moon for the first time ever Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-15  Authors: ryan browne, cnsa via cns, afp, getty images, china national space administration
Keywords: news, cnbc, companies, newspaper, morning, south, moon, space, china, cotton, grown, post, seeds, sprouts, plants


China sprouts plants on the moon for the first time ever

China makes history by landing spacecraft on far side of the moon 11:53 AM ET Thu, 3 Jan 2019 | 00:55

Now a photograph has been released by the China National Space Administration, according to the South China Morning Post, which shows cotton seeds sprouting in a sealed container.

The image was shared on Twitter on Tuesday by the People’s Daily newspaper, a mouthpiece for China’s ruling Communist Party.

The newspaper said in a tweet that the development marks “the completion of humankind’s first biological experiment on the moon.”

Professor Liu Hanlong of Chongqing University, who led the research, said that rapeseed and potato seeds had also germinated, but that the cotton seeds were the first to sprout, the South China Morning Post reported.

While plants like zinnias and leaf vegetables have been grown in space on the International Space Station, none had ever been grown on the moon.


Company: cnbc, Activity: cnbc, Date: 2019-01-15  Authors: ryan browne, cnsa via cns, afp, getty images, china national space administration
Keywords: news, cnbc, companies, newspaper, morning, south, moon, space, china, cotton, grown, post, seeds, sprouts, plants


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UK finance minister reportedly accused of failing to release funding for no-deal Brexit

U.K. Finance Minister Philip Hammond has been accused by his colleagues in the cabinet of failing to release the necessary funding required to prepare Britain for a no-deal Brexit, the Telegraph newspaper reported late on Sunday. British Communities Secretary James Brokenshire has written to the Treasury saying his department was given 35 million pounds ($44.46 million) for helping councils prepare for Brexit, the amount being less than half of what had been requested, the newspaper reported. At


U.K. Finance Minister Philip Hammond has been accused by his colleagues in the cabinet of failing to release the necessary funding required to prepare Britain for a no-deal Brexit, the Telegraph newspaper reported late on Sunday. British Communities Secretary James Brokenshire has written to the Treasury saying his department was given 35 million pounds ($44.46 million) for helping councils prepare for Brexit, the amount being less than half of what had been requested, the newspaper reported. At
UK finance minister reportedly accused of failing to release funding for no-deal Brexit Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-31  Authors: christopher furlong, gety images news, getty images
Keywords: news, cnbc, companies, release, communities, failing, accused, treasury, britain, minister, department, million, newspaper, brexit, uk, nodeal, reported, funding, prepare, finance, reportedly


UK finance minister reportedly accused of failing to release funding for no-deal Brexit

U.K. Finance Minister Philip Hammond has been accused by his colleagues in the cabinet of failing to release the necessary funding required to prepare Britain for a no-deal Brexit, the Telegraph newspaper reported late on Sunday.

British Communities Secretary James Brokenshire has written to the Treasury saying his department was given 35 million pounds ($44.46 million) for helping councils prepare for Brexit, the amount being less than half of what had been requested, the newspaper reported.

At least another department had made a similar complaint about Hammond’s failure to release more money, the newspaper reported without mentioning further details.

Brokenshire said his department does not have enough to prepare for Brexit whether Britain leaves the European Union with or without a deal, the report added, citing the British Communities Secretary’s letter to the Treasury sent shortly before Christmas.


Company: cnbc, Activity: cnbc, Date: 2018-12-31  Authors: christopher furlong, gety images news, getty images
Keywords: news, cnbc, companies, release, communities, failing, accused, treasury, britain, minister, department, million, newspaper, brexit, uk, nodeal, reported, funding, prepare, finance, reportedly


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