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Aegean Bunkering leaves Singapore's marine fuels market
* Aegean Bunkering Pte Ltd on Friday said it had this week left the world's largest marine fuels market in Singapore after handing back its supply and craft operator licences. * The company had announced in October that it would halt physical supply operations in Singapore by January amid heightened commercial pressures after the city-state adopted tougher bunkering procedures.
House passes stopgap spending bill, but Democrats may block in Senate
The House passed a short-term spending bill late Thursday in at attempt to avert a government shutdown, but the bill still faces a major hurdle in the Senate, where it is scheduled to be voted on later Thursday night. After days of negotiations, the 230-197 vote in the House won the approval of holdout conservatives, but Senate Democrats say they have the votes to block the legislation. The government will shut down at midnight Friday if no bill is passed.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Pay gap: 48% of women say they have to work twice as hard as men to take home half the pay
Most women and more than half of men believe the gender wage gap is still a stark reality, a new survey finds
Uber partners with taxi firm ComfortDelGro for new Singapore service
SINGAPORE, Jan 18 (Reuters) - Uber Technologies
and Singapore's top taxi operator ComfortDelGro Corp Ltd
will launch a new ride-hailing service in Singapore
from Friday, as they team up against their key regional rival
Shell oil heist: the story so far
Singapore authorities say they have uncovered a complex, cross-border scheme to steal large quantities of oil from Shell's biggest refinery. Their ongoing investigations into theft at Shell's Pulau Bukom site, just south of the country's main island, have so far entangled several international companies in incidents going back nearly six months.
UPDATE 1-Shell oil heist: the story so far
SINGAPORE, Jan 18 (Reuters) - Singapore authorities say they
have uncovered a complex, cross-border scheme to steal large
quantities of oil from Shell's biggest refinery.
Gender pay gap 'widens as women get older'
The ONS finds the gender pay gap increased from 40 onwards, peaking between 50 and 59.
Bitcoin jolted by regulation worries, falls 7 percent on extended selloff
TOKYO/SINGAPORE (Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.
U.S. Navy commanders face negligent homicide charges in fatal ship collisions: report
The commanders of two U.S. Navy ships involved in fatal collisions last year will face negligent homicide charges, according to report late Tuesday. Citing a Navy spokesman, the Associated Press said the charges will be presented at an Article 32 hearing, which will determine if the officers should face court-martial. The charges involve incidents involving the USS Fitzgerald, in which seven sailors were killed after it hit a commercial ship off Japan last June, and the USS John S. McCain, in which 10 sailors died after the ship hit an oil tanker off Singapore in August. In November, a report found both incidents were preventable, and cited a number of failures by the respective crews.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-eHealth Announces Acquisition Of GoMedigap
Ehealth Inc(EHTH): * EHEALTH, INC. ANNOUNCES ACQUISITION OF GOMEDIGAP TO FURTHER ACCELERATE EXPANSION OF MEDICARE SUPPLEMENT STRATEGY.
UK Stocks-Factors to watch on Jan 16
Jan 16 (Reuters) - Britain's FTSE 100 index is seen opening up 8
points on Tuesday, according to financial bookmakers.
* RIO TINTO: Global miner Rio Tinto said on Tuesday it could
ship up to an additional 10 million tonnes of iron ore in 2018 worth $780
million at today's prices after reporting a 1 percent rise in 2017 shipments.
* CITIGROUP: Citigroup Inc will increase compensation for women and
minorities to bridge pay gaps in the United States, the United Kingdom and
Citigroup to give raises to women, minorities to close pay gap
The big bank said an internal survey showed women get 99 percent as much as men in similar jobs and minorities in the U.S. get 99 percent as much as whites.
Citi to raise pay for women and minorities in U.S., UK, Germany
(Reuters) - Citigroup Inc will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday.
Citi to boost pay for women and minorities, closing gaps in the U.S., UK, and Germany
Banking giant's move to close pay gaps in the U.S., UK and Germany makes Citi the first major bank to respond to shareholder pressure on the issue
HNA's problems mount as airlines delay payments, bank sets up team to handle debt: sources
SHANGHAI/SINGAPORE (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.
HNA's problems mount as airlines delay payments, bank sets up team to handle debt-sources
SHANGHAI/SINGAPORE, Jan 15 (Reuters) - Some airlines
affiliated with China's HNA Group Co Ltd are delaying aircraft
lease payments to lessors, and Export-Import Bank of China,
which is a long-term financer of the group, has formed a team to
handle the conglomerate's liquidity issues, several banking and
leasing sources said.
Brent crude oil rises to $70 on output cuts, ignores North America rig gains
SINGAPORE (Reuters) - Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North America.
Singapore files more charges against Shell oil theft suspects
* Graphic of Singapore oil heist: http://tmsnrt.rs/2Dhv6fM. * Total number of people arrested in the case rises to 20. * Thefts are alleged to have been going on for months. By Fathin Ungku. A Singapore court on Monday filed additional charges against nine men accused in a large-scale oil theft at Shell's biggest refinery, the latest development in an extensive investigation in the city-state.
Oil near three-year highs on output cuts despite rising North American rig count
SINGAPORE (Reuters) - Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.
Singapore central bank head hopes cryptocurrency tech will survive 'crash'
SINGAPORE (Reuters) - The head of Singapore's central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the digital money.
Oil dips away from 2014 highs on rising U.S. rig count, but analysts say market supported
SINGAPORE (Reuters) - Oil prices dipped on Monday as rising drilling activity in the United States pointed to higher future output, although output cuts led by OPEC and Russia as well as healthy demand kept crude near December 2014 highs reached last week.
EXPLAINER-How chip flaws Spectre, Meltdown work and what's next
By Paresh Dave
LAS VEGAS, Jan 11 (Reuters) - Smartphones, PCs and servers
across the world have received software updates in recent days
to plug security gaps on computer chips that cyber security
researchers have described as the most serious threat in years.
Researchers identified the problem last year, shared details
with chip manufacturers last summer, and then made a public
announcement Jan. 3.
What is the problem?
The vulnerabilities, known as Meltdown and Spectre,
BRIEF-Global Blockchain announces investment of C$2 mln in Spectra7 Microsystems
Global Blockchain Technologies Corp(BLKCF) : * DGAP-NEWS: GLOBAL BLOCKCHAIN ANNOUNCES STRATEGIC INVESTMENT IN SPECTRA7 MICROSYSTEMS. * HAS MADE A STRATEGIC INVESTMENT OF C$2.0 MILLION IN SPECTRA7 MICROSYSTEMS INC. * GBT'S INVESTMENT WAS MADE AS PART OF SPECTRA7'S RECENTLY COMPLETED C$15.3 MILLION BOUGHT DEAL PUBLIC OFFERING OF UNITS Source text for Eikon: Further company coverage:
Hyundai Motor invests in ride-hailing firm Grab
Hyundai Motor Co(HYMLF) said on Thursday it had invested in Singapore-based ride-hailing firm Grab, in the South Korean automaker's first foray into the rapidly growing sector as it tries to diversify following a sales slump in China.
Oil prices hit highest since 2014, but analysts warn of overheated market
SINGAPORE (Reuters) - Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating.
Singapore arrests 17 suspected in Shell oil heist
Singapore police arrest 17 men, seize tanker, millions of dollars linked to theft of oil from Shell refinery
UPDATE 3-Singapore charges 11 men over Shell oil heist
* Southeast Asia is seen as a hotspot of illegal oil trading
(Adds details of times, location of incidents, maps)
UPDATE 2-Singapore charges 11 men over Shell oil heist
* Southeast Asia is seen as a hotspot of illegal oil trading
(Adds details of criminal charges)
Singapore arrests 17, seizes millions in suspected Shell oil heist
SINGAPORE, Jan 9 (Reuters) - Seventeen men have been
arrested and millions of dollars in cash seized as part of an
investigation into a suspected oil theft at Shell's biggest
refinery, Singapore police said on Tuesday.
EU states urged to dig deep for bloc's budget, fill UK gap
Top European Union officials are urging member countries to stump up more money to fund the EU's ambitions and fill a yawning budget gap after Britain leaves the bloc.
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General American InvestorsGAM