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Monthly Archives: November 2017

Julius Baer CEO Collardi quits to take post at Pictet

AFP PHOTO | FABRICE COFFRINI Boris Collardi resigned as chief executive officer of Julius Baer Group with immediate effect on Monday 27th November 2017. Swiss private bank Julius Baer said on Monday that Chief Executive Boris Collardi was resigning with immediate effect to take a post at Pictet Group in …

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Thousands stranded at the airport

Donal Husni | NurPhoto | Getty Images Mount Agung erupted, sending ashes to within a 7 km radius of the mountain area on Nov. 27, 2017 in Bali, Indonesia. BALI, Indonesia — Following massive plumes of smoke and volcanic eruptions over the weekend, Indonesian authorities raised their alert for the …

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What North Korea-Syria military alliance means for Donald Trump

AFP/Stringer/Getty Images August 31, 2015: A ceremony to name a park in Damascus after Kim Il-sung, North Korea’s founding father in the Syrian city’s Kafar Susseh neighborhood Increased North Korean involvement in a nation hit by violent civil war, which includes Islamic State brutality, doesn’t bode well a U.S. government …

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Which is the biggest political problem?

Aurore Belot | AFP | Getty Images German Chancellor Angela Merkel gives a press conference at the end of EU Eastern Partnership summit at the European Council in Brussels on Nov. 24, 2017. Political uncertainty looks set to remain a recurrent theme in the markets going forward. In Germany, Chancellor …

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Mubadala chief on Middle East instability, Abu Dhabi diversification

DeAgostini | Getty Images View of Abu Dhabi skyscrapers, United Arab Emirates. Lower oil prices have been “very opportunistic because it helped us move faster down the diversification strategy,” Al Mubarak said. Mubadala, the fourteenth largest sovereign fund in the world according to the Sovereign Wealth Fund Rankings, has approximately …

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Bitcoin surges to new record high, cryptocurrency news

Dan Kitwood | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin on October 24, 2017 in London, England. Bitcoin surged to yet another new record high on Monday, breaking a record set during the Thanksgiving weekend stateside. The cryptocurrency jumped to an all-time high of $9,671.84 hours after …

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Extravagant holiday travel packages promise $100K suites, breakfast with Santa, and jeweled gifts

Source: Ritz-Carlton Charlotte, N.C. One of three made-of-macaron trees at the Ritz-Carlton Charlotte, N.C. There’s no charge to visit the Holiday Wonderland, on view now through Dec. 27 in the lobby of the Ritz-Carlton Charlotte in North Carolina — but it will certainly make you hungry. Decorations include three trees …

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Support for Irish PM’s party falls as snap election nears

Artur Widak | NurPhoto | Getty Images An Taoiseach and Leader of Fine Gael, Leo Varadkar, arrives at Fine Gael HQ on 5 Oct. 2017, in Dublin, Ireland. Support for Ireland’s governing Fine Gael party fell in a poll on Saturday as a political crisis that has left the country …

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Bitcoin tops $8,700 to record high as Coinbase adds 100,000 users

Bitcoin is getting a Black Friday boost. The digital currency climbed above $8,700 to a record high Saturday following increased investor interest around the U.S. Thanksgiving holiday and Black Friday shopping. Bitcoin rose more than 6 percent to a record high of $8,725.13, according to CoinDesk, trading around $8,674 midday …

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Harlem Globetrotters ‘create memories worth repeating’: Team president

Getty Images Saul ‘Flip’ White #19 of the Harlem Globetrotters reacts after dunking against the World All-Stars during their exhibition game at T-Mobile Arena on February 9, 2017 in Las Vegas, Nevada. The players seem to love being a part of the team as much as fans love to watch …

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