Ace Worldwide News Group 23:10 on August 31, 2017

MARKETS: #Dow climbs 60 points, narrowly extending monthly win streak to five. #Nasdaq gains 1% in August, ending at a record #CNNMoney #AceFinanceDesk reports

#AFNews – 31/08/17: #Dow climbs 60 points, narrowly extending monthly win streak to five. #Nasdaq gains 1% in August, ending at a record #AceFinanceDesk reports

https://t.co/A9OlUXl3FI— CNNMoney (@CNNMoney) August 31, 2017 #AceFinanceNews

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MARKETS: #US Opens with American energy supplies have suffered another blow from Tropical #StormHarvey #Dow jumps 80 points. #Nasdaq rises 0.4%. Gasoline futures spike 8% after key pipeline disrupted by Harvey #AceFinanceDesk reports

#AFNews – 31/08/17: American energy supplies have suffered another blow from Tropical #StormHarvey #AceFinanceDesk reports

https://t.co/u8D5pOAGnq
#Dow jumps 80 points. #Nasdaq rises 0.4%. Gasoline futures spike 8% after key pipeline disrupted by Harvey. https://t.co/A9OlUX #AceFinanceNews

Ace Worldwide News Group 18:19 on August 30, 2017

#BRICS Development Bank Approves $460-Million Loan to #Russia for Improvements to their Judicial System According to a Bank Statement #AceFinanceDesk reports

#AFNews – 30/08/17: NEW #BRICS DEVELOPMENT BANK APPROVES $460-MILLION LOAN TO #RUSSIA FOR IMPROVEMENT OF JUDICIAL SYSTEM INFRASTRUCTURE – BANK STATEMENT

#AceFinanceDesk reports

Ace Worldwide News Group 11:46 on August 30, 2017

MARKETS: Euro tops $1.20 to hit highest level on Tuesday since early 2015, reports AFP #AceFinanceDesk reports

#AFNews – 30/08/17: Euro tops $1.20 to hit highest level since early 2015, reports AFP #AceFinanceDesk reports

https://t.me/acebreakingnews/4844Times of India (@timesofindia) August 29, 2017 #AceFinanceNews

Ace Worldwide News Group 09:12 on August 30, 2017

MARKETS: #US Tuesday Reacted to #NorthKorea missile launch with their normal panic as first it’s #Dow falls 100-points & Nasdaq loses 0.6%. Best Buy plunges 8% despite improved results then later #Dow rises 57-points and defence contractors like Raytheon climb of course as marketeers calm their jitters ..until tomorrow #AceFinanceDesk reports

#AFNews – 30/08/17: #Dow falls 100 points on #NorthKorea jitters. #Nasdaq loses 0.6%. Best Buy plunges 8% despite improved results. https://t.co/A9…#AceFinanceDesk reports

Dow rises 57 points, rebounding from earlier #NorthKorea-driven selloff. Defense contractors like Raytheon climb. https://t.c…#AceFinanceNews

Ace Worldwide News Group 20:21 on August 29, 2017

JUST IN: #Moscow #Gazprom reports IFRS NET PROFITS for Gazprom of 408-Billion Rubles and #Aeroflot Group of 2.9-Billion Rubles in first half of 2017 #AceFinanceDesk reports

#AFNews – 29/08/17: RUSSIA’S #GAZPROM REPORTS IFRS NET PROFIT OF 408 BILLION RUBLES IN FIRST HALF OF 2017 #AceFinanceDesk reports

RUSSIA’S #AEROFLOT GROUP REPORTS IRFS NET PROFIT OF 2.9 BILLION RUBLES IN FIRST HALF OF 2017 #AceFinanceNews

Ace Worldwide News Group 18:11 on August 29, 2017

#Tehran #Iran looks to complete 10 Oil contracts to develop their #Oil & #Gas fields by March after recently completing a $5-billion Gas contract with French energy giant Total #AceFinanceDesk reports

#AFNews – 29/08/17: Zanganeh Positive About 10 New #Oil Deals by March Fresh off a $5 billion gas deal with French energy major Total #AceFinanceDesk reports

image153

Vintage Gas Sign up Angle

Iran hopes to keep up the positive momentum and clinch new agreements to develop its oil and natural gas fields #AceFinanceNews

Ace Worldwide News Group 15:14 on August 29, 2017

#Houston Texas #Harvey slams economy with damages in the billions as rain soaked refineries along the Gulf Coast now closed and not expected to open, pushing up pump prices & shipment of consumer goods likely to be hit #AceFinanceDesk reports

#AceFinanceReport – Aug.29: Flood damage from #Harvey is likely to reach into the tens of billions and the storm is expected to cause the region’s economy to shrink, at least in the near term …. #AceFinanceDesk reports

Published on August 28, 2017 at 12:33PM by By DAVID KOENIG, AP Business Writer: Harvey is soaking refineries along the Gulf Coast, leading to higher prices at the pump…… Gasoline futures rose nearly 3 percent Monday…..The storm could also put a kink in the shipment of consumer goods…..Harvey, which hit the coast as a Category 4 hurricane, will likely affect the South Texas economy for months.….. Mark Zandi, chief economist at Moody’s Analytics, predicted that the region’s economic output will be cut about 1 percent, or $7 billion to $8 billion…It will recover, he said, helped by money from insurance payments and government aid to rebuild….#AceFinanceNews

Ace Worldwide News Group 15:08 on August 29, 2017

#Tehran Irans’ Tax Revenues FALL as PETRO $’s GROW by 333.2% as reported by FT as Tax Revenues fell by 1.6% in first quarter #AceFinanceDesk reports

#AFNews – 29/08/17: Tax Revenues Take Backseat to Petrodollars, Again as #Oil revenues grew by 333.2% and tax revenues fell by 1.6% in the first quarter of the current Iranian year (March 21-June 21) compared with last year’s corresponding period #AceFinanceDesk reports

The Central Bank of Iran’s report published on its website added that the government earned 181.9 trillion rials ($4.8 billion) from taxation in Q1, whereas revenues from the sale of oil and petroleum products reached 188.9 trillion rials ($4.97 billion) #AceFinanceNews

Ace Worldwide News Group 11:04 on August 29, 2017

The Parasites of Western Economy, Part 5: Company Asset Strippers and Conspirators.

Additional survival tricks

bytonytran2015(Melbourne, Australia)

#parasite, #asset stripping, #private equity,

The Parasites of Western Economy, Part 5: Company Asset Strippers and Conspirators.

A company operates to generate profits to be distributed to its shareholders. Unfortunately, the sheeplike shareholders have allowedtheir own dividend incomes to be reduced over long periods. This injustice is spotted by PE that moved in and took away the unjustly accumulated assets.

Generations of shareholders lost the assets owned but hidden from them. They blamed the PE but the it was really their managementwho set up the scene.

1.Steps leading to an Asset Stripping.

1. Company directors pay themselves and their associates extravagant fees and bonuses at the expense of shareholder dividends.

2. Company accountants receiving directions from their bosses and hides real situations from shareholders.

3. Dividend payouts are kept small under the guise of“retaining for future expansion”,so that directors payments can be made…

View original post 772 more words

JUST IN: #OPEC tentatively agreed an oil output cut on Thursday but was waiting for a commitment from non-OPEC heavyweight Russia before deciding the exact volumes for a production reduction aimed at propping up crude prices, two sources from the group said #AceFinanceDesk reports December 6, 2018
#AceFinanceReport – Dec.06: OPINION: The decision by the State of Qatar to leave the Organisation of the Petroleum Exporting Countries (OPEC) by January 2019 has raised eyebrows and set off speculation as to the extent of tensions and discord within the 15-member intergovernmental organisation: The dominant analysis centres on Qatar’s spat with Saudi Arabia […]
Ace Worldwide News Group
(WASHINGTON) CBP REPORT: The contract for the first phase of gate construction was awarded on Oct.03: to Gideon Contracting, LLC, from San Antonio, Texas in the amount of $3,731,380 for the seven base gates: The contract includes options for four additional gates valued at $1,985,525. Construction for the first seven gates was scheduled to begin Nov.30: #AceFinanceDesk reports December 3, 2018
#AceFinanceReport – Dec.03: U.S. Customs and Border Protection (CBP), in partnership with the U.S. Army Corps of Engineers, awarded a contract to construct border wall gates in the U.S. Border Patrol’s (USBP) Rio Grande Valley (RGV) Sector, which was funded in CBP’s Fiscal Year (FY) 2017 appropriation: The contract for the first phase of gate […]
Ace Worldwide News Group
(NEW YORK) Is the Federal Reserve considering a pullback in its interest rate hikes? Chairman Jerome Powell ’s recent observations have suggested that while the U.S. economy remains on firm footing it also faces an array of risks, including a slowing global economy and remarks from Fed Officials #AceFinanceDesk reports November 28, 2018
#AceFinanceReport – Nov.28: Powell’s comments and similar remarks from other Fed officials have raised hopes in financial markets that the central bank may be close to slowing its rate increases, which have gradually raised borrowing costs for consumers and businesses. Any such slowdown — or pause — in its rate hikes would be welcome news […]
Ace Worldwide News Group
(WARSAW, Poland.) Ikea is planning to open smaller stores in major cities around the world as part of a broader transformation to adapt to changing consumer habits: Next year smaller stores are also due to open in Paris and Tokyo #AceFinanceDesk reports November 28, 2018
#AceFinanceNews – Nov.28: An airport worker drops by Warsaw’s newest Ikea store during her lunch break to finish up plans for a home refurbishment: Around her, people drift in and out of the shop, placing small houseware items in big yellow bags as cafe tables fill up with people just stopping in for lunch #AceFinanceDesk […]
Ace Worldwide News Group
(U.K.) ONS Report: Compared with a year earlier, wages excluding bonuses, rose by 3.2% – the biggest rise since the end of 2008 and up slightly on the previous quarter: However, they warned that real wage growth was below the 2015 level: The unemployment total went up for the first time this year, rising by 21,000 in the same period to 1.38 million #AceNewsDesk reports November 15, 2018
#AceNewsReport – Nov.15: Wages rose at the fastest pace in nearly a decade in the three months to September: Compared with a year ago and adjusting for inflation, average weekly earnings increased by 0.9%. That figure excludes bonuses…………”With faster wage growth and more subdued inflation, real earnings have picked up noticeably in the last few […] […]
Ace Worldwide News Group
(HONG KONG) JUST IN: Robyn Denholm, the chief financial officer of Australian telecommunications company Telstra, is replacing Elon Musk as head of Tesla’s board according to a statement #AceFinanceDesk reports November 8, 2018
#AceFinanceNews – Nov.08: Tesla has chosen a new leader for its board of directors after Elon Musk was forced to step down: The electric car company said late Wednesday that Musk will be succeeded by Robyn Denholm, the chief financial officer of Australian telecommunications company Telstra: Denholm, who is already a member of Tesla’s (TSLA) […]
Ace Worldwide News Group
(BEIJING) JUST IN: China will give El Salvador $150 million to spur development of social and technological projects, the Salvadoran president said on Wednesday, the latest sign of deepening ties between the countries that has alarmed the United States #AceFinanceDesk reports November 8, 2018
#AceFinanceNews – Nov.08: Salvadoran President Salvador Sanchez Ceren is returning from his first trip to China since the countries established diplomatic ties in August. Speaking on local television, Ceren said he met with Chinese President Xi Jinping during the visit and agreed to 13 joint projects, without providing details #AceFinanceDesk reports The don […]
Ace Worldwide News Group
MARKET: #MidTerms Report: Wall Street rallies with Dow rising over 300-points and by the end of trade in Europe, the FTSE 100 closed up 1.1%, the Dax in Frankfurt climbed 0.8% and the CAC 40 in Paris added 1.24%. #AceFinanceDesk reports November 7, 2018
#AceFinanceReport – Nov.07: Editor says here’s what we know of the markets: Wall Street rallied on Wednesday despite the prospect of political gridlock after the midterm elections: The Dow Jones Industrial Average rose 310.88 points, or 1.22%, to 25,946 and the tech-heavy Nasdaq jumped 134 points, or 2%, to 7,510, while the broader S&P 500 […]
Ace Worldwide News Group
(WASHINGTON) Markets: The final major economic report before Tuesday’s congressional elections show ed that U.S. employers added a stellar 250,000 jobs in October and raised average pay by the most in nearly a decade and unemployment at five decade low of 3.7 percent and pay rose fastest since 2009 #AceFinanceDesk reports November 3, 2018
#AceFinanceReport – Nov.03: Friday’s employment report from the government pointed to a consistently robust job market that shows no sign of flagging even with the economy in its 10th year of expansion: Many employers have been struggling to find qualified applicants, which helps explain why average pay rose 3.1 percent over the past 12 months […]
Ace Worldwide News Group
FEATURED BLOGGER REPORT: The Parasites of Western Economy, Part 12: Local councilors and their self-granted benefits //AdditionalSurvivalTricks #AceFinanceDesk reports October 29, 2018
The Parasites of Western Economy, Part 12: Local councilors and their self-granted benefits. by tonytran2015 (Melbourne, Australia). Click here for a full, up to date ORIGINAL ARTICLE and to help fighting the stealing of readers’ traffic. (Blog No. … ). The Parasites of Western Economy, Part 12: Local councilors and their self-granted benefits. #parasite, #l […]
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Ace Finance & Markets News

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Monthly Archives: August 2017

MARKETS: #Dow climbs 60 points, narrowly extending monthly win streak to five. #Nasdaq gains 1% in August, ending at a record #CNNMoney #AceFinanceDesk reports

MARKETS: #US Opens with American energy supplies have suffered another blow from Tropical #StormHarvey #Dow jumps 80 points. #Nasdaq rises 0.4%. Gasoline futures spike 8% after key pipeline disrupted by Harvey #AceFinanceDesk reports

#BRICS Development Bank Approves $460-Million Loan to #Russia for Improvements to their Judicial System According to a Bank Statement #AceFinanceDesk reports

MARKETS: Euro tops $1.20 to hit highest level on Tuesday since early 2015, reports AFP #AceFinanceDesk reports

JUST IN: #Moscow #Gazprom reports IFRS NET PROFITS for Gazprom of 408-Billion Rubles and #Aeroflot Group of 2.9-Billion Rubles in first half of 2017 #AceFinanceDesk reports

#Tehran #Iran looks to complete 10 Oil contracts to develop their #Oil & #Gas fields by March after recently completing a $5-billion Gas contract with French energy giant Total #AceFinanceDesk reports

#Houston Texas #Harvey slams economy with damages in the billions as rain soaked refineries along the Gulf Coast now closed and not expected to open, pushing up pump prices & shipment of consumer goods likely to be hit #AceFinanceDesk reports

#Tehran Irans’ Tax Revenues FALL as PETRO $’s GROW by 333.2% as reported by FT as Tax Revenues fell by 1.6% in first quarter #AceFinanceDesk reports

The Parasites of Western Economy, Part 5: Company Asset Strippers and Conspirators.

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