Company Overview and News

Barclays’s Bhavin Shukla quits, to join JP Morgan

3h livemint
Mumbai:Bhavin Shukla has resigned as director at Barclays India’s investment banking unit and will join JPMorgan’s investment banking unit, said two people aware of the development.

Beyond the dollar everything’s ‘just noise’ for emerging markets

2018-05-21 bworldonline
As if emerging-market investors didn’t have enough to worry about — with political flare-ups and central-bank surprises galore — the dollar’s strength is poised to pile further pressure on currencies from the real to the rand.

Women call for institutionalized policies to boost gender equality in the workplace

2018-05-20 bworldonline
WOMEN IN various fields want policies institutionalized to strengthen gender equality in the workplace, including the Philippines which is already considered a leader in the Asia Pacific region in terms of practicing and promoting opportunities.

21Vianet Group's (VNET) CEO Alvin Wang on Q1 2018 Results - Earnings Call Transcript

2018-05-18 seekingalpha
Good morning and good evening, ladies and gentleman. Thank you and welcome to 21Vianet Group's First Quarter 2018 Earnings Conference Call. At this time, all participants are in listen-only mode. We will be hosting a question-and-answer session after management’s prepared remarks.

Novartis announces changes to the Executive Committee | Novartis

2018-05-16 novartis
Basel, May 16, 2018 - Novartis announced today that Felix R. Ehrat, Group General Counsel of Novartis, has decided to retire from the company. Shannon Thyme Klinger, currently Chief Ethics, Risk and Compliance Officer, will be appointed Group General Counsel, effective June 1, 2018.

EyePoint Pharmaceuticals Announces Appointment of Leonard Blum as Executive Vice President and General Manager, U.S.

2018-05-16 globenewswire
WATERTOWN, Mass., May 16, 2018 (GLOBE NEWSWIRE) -- EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT), a specialty biopharmaceutical company committed to developing and commercializing innovative ophthalmic products, today announced the appointment of Leonard M. Blum as Executive Vice President and General Manager, U.S., effective May 14, 2018. In this role, he will be responsible for the launch of DEXYCU™ (dexamethasone intraocular suspension) 9%, the Company’s U.

Novartis announces changes to the Executive Committee

2018-05-16 globenewswire
Basel, May 16, 2018 - Novartis announced today that Felix R. Ehrat, Group General Counsel of Novartis, has decided to retire from the company. Shannon Thyme Klinger, currently Chief Ethics, Risk and Compliance Officer, will be appointed Group General Counsel, effective June 1, 2018.

Comment: Argentina crisis 'may be tip of the iceberg'

The dramatic events in Argentina may be the "tip of the iceberg" of a broader systemic crisis across Asia, Latin America and Africa, the top emerging market watchdog has warned.

Emerging Markets Face Their Moment of Truth - Bloomberg

2018-05-15 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Inside The Slump in Argentina ETFs

2018-05-15 zacks
Argentina is facing an economic crisis and the central bank has hiked interest rates three times in a span of eight days. On May 4, the interest rate was hiked to 40% from 33.25%, a day after it was raised from 30.25%, which shows an abnormal increase on any economic parameter. The situation has arrived as peso has reached a record low of 25 against the dollar (9% decrease). To make up for this downfall in the first week of May the central bank of Argentina has spent $3 billion on stabilizing its currency (Read: ETFs in Focus on Growth Forecasts for Latin America).

21Vianet Group, Inc. Announces Addition to the Board of Directors

2018-05-15 globenewswire
BEIJING, May 15, 2018 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq:VNET) ("21Vianet" or the "Company"), a leading carrier-neutral Internet data center services provider in China, today announced that its Board of Directors (the “Board”) has appointed Dr. Yao Li as an independent director and a member of the Company’s Compensation Committee, effective immediately. Dr. Yao Li will also act as the Chairman of the Company’s Strategic Advisory Board, which the Board has resolved to establish in order to utilize its members’ experience in the internet infrastructure industry to provide advice on the Company’s business strategies.

Lopez-led EDC urges gov’t to help develop PHL geothermal industry

2018-05-14 bworldonline
THE GOVERNMENT can support the growth of the country’s geothermal industry by helping with the upfront risk that goes with the development of the indigenous energy resource, the president of Energy Development Corp. (EDC) said.

Debt alert as governments, firms and families face unprecedented burdens 

The true scale of global debts has been revealed in a study of borrowing around the world, showing a total burden of $243 trillion (£179 trillion).

OCI's (OCINF) CEO Nassef Sawiris on Q1 2018 Results - Earnings Call Transcript

2018-05-13 seekingalpha
Ladies and gentlemen, thank you all for standing by. And welcome to today’s OCI N.V. First Quarter 2018 Results Conference Call. At this time, all participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions]

Weekly Commentary: Disequilibrium

2018-05-13 seekingalpha
Much to the consternation of our allies, President Trump withdraws from the Iran nuclear deal. WTI crude adds another 1.5% (up 17% y-t-d) this week to the high since November 2014. Iran and Israel moved closer to direct military confrontation. With even 40% rates unable to staunch the bleeding, a stunned Argentine government warily negotiates an IMF bailout. Italy's far right and far left parties - both populist, anti-establishment, anti-euro and anti-immigration - begin negotiations to form a coalition government.

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