Victoria Fox's Blog, page 6

October 31, 2024

Nomura more than doubles profit in scandal-marred quarter By Reuters

TOKYO (Reuters) – Japan Nomura Holdings (NYSE: ) more than doubled its quarterly profit on Friday, marking its sixth straight quarter of growth, boosted by strong performance in its wholesale business, even as the bank has been dogged by a trading scandal.

Japan’s top brokerage and investment bank reported net profit of 98.4 billion yen ($645 million) in July-September, compared with 35.2 billion yen in the same period last year.

Net profit was the highest in four years, it said. The results reflect solid performance in the wholesale business, including global markets and investment banking.

The results mark a bright spot for Nomura, which has been hit by the fallout from a bond-trading scandal. Japan’s banking regulator on Thursday fined it 21.8 million yen ($143,000) after an investigation found a trader manipulated the price of March 2021 government futures contracts.

Nomura pledged to strengthen its compliance and internal controls and said “stern disciplinary action” had been taken against the trader and relevant managers.

A number of senior executives will take voluntary pay cuts of 20% for two months, the announcement said.

© Reuters. A Nomura logo is pictured at their office in the Manhattan borough of New York, New York, U.S., June 23, 2017. REUTERS/Carlo Allegri/ File Photo

Japan’s finance ministry last month said it would suspend Nomura’s primary dealer status for government bonds for one month in response to the incident.

($1 = ¥152.5300)

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Published on October 31, 2024 23:40

Michał Szułdrzyński: Why I fear the morning of November 6

Get access to exclusive content from the most mining media in Poland

Stay up-to-date on what’s important in the country and around the world. Reliable information, different views, comments and opinions. Articles from Rzeczpospolita and Plus Minus magazine.

https://www.rp.pl/plus-minus/art41377...

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Published on October 31, 2024 00:52

The Public Order Office wants to crack down on illegal dumping

Wild dumps in Bonn Litter detectives must take action against environmental offenders

Bon · From next year, the city of Bonn can take more action against environmental offenders. New Garbage Detectives must independently investigate illegal dumps and identify those responsible. Why is this necessary?

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Published on October 31, 2024 00:46

TEST for the series "Mothers, wives and lovers". It was a big hit in the nineties


Connected

Copyrighted material – all rights reserved. Further distribution of the article with the consent of the publisher INFOR PL SA Buy a license



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Published on October 31, 2024 00:41

Prosegur Cash improves its profit by 4% and exceeds 1500 million turnover

Prosegur Cash, the cash management subsidiary of the Prosegur Group, closed the first nine months of the year with a profit of 66 million euros, 4.1% higher than the same period in 2023.

Las sales of the company, chaired by Christian Guth Revoredo, reached 1.523 million euros, representing an increase of 1.7%, compared to the same period of the previous year.

he adjusted earnings Prosegur Cash decreased by 12.9%, to 1

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Published on October 31, 2024 00:28

That is how Paweł Szopa was brought from the Dominican Republic to Poland. Services showed the record

Paweł Szopa, who was issued an Interpol Red Notice and a European Arrest Warrant, was arrested on October 25 in the Dominican Republic. He was brought back to the country on Wednesday and received by CBA officers at Warsaw airport.

“Minister Adam Bodnar thanked the prosecutors who led the proceedings, as well as the Ministry of Foreign Affairs, the Ministry of the Interior and Administration and the police for their close cooperation in the effective return of Paweł S. to the country. After midnight, CBA agents took the detainee to Katowice. He spent the night in the PDOZ,” informed Jacek Dobrzyński on X, adding to the footage the wanted man being brought back to the country.

Searching for Pawł Szopa

According to information obtained by “Rzeczpospolita”, Szopa on October 21 reported to immigration services in the Dominican Republicwhere he informed that he was wanted by Interpol and intended to return to Poland.

Szopy’s lawyer therefore submitted a request to Interpol to withdraw the red notice, but the man was detained before this request could be considered.

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Published on October 31, 2024 00:26

Armando Contreras is appointed head of INEA – El Financiero

By the hands of the Secretary of Public Instruction, Mario Delgado CarrilloArmando Contreras Castillo received the appointment of head of the National Institute of Adult Education (INEA), signed by the President of the Republic, Claudia Sheinbaum Pardowhere he instructs him to perform the position with responsibility, commitment and love for people.

Mario Delgado Carrillocongratulated the new civil servant, wishing him success, stressing that he had no doubt that under his leadership there would be great results in addressing the educational gap in the country.

“Armando is a teacher, he has fought all his life for the democratic causes of the most needy and now he has the task of fighting against illiteracy and educational backwardness.”

They also emphasized that INEA has been in existence for 43 years, during which it has provided care to 28 million Mexican men and women.but that there is still an education gap of 27.5 million.

INEA is an institution that serves people who do not know how to read and write, primary and secondary education, with national coverage, coordinating its efforts with 26 decentralized state institutes and 6 direct acting units, which on average annually saves people from falling behind in education .500 thousands of people, so they agreed that the struggle for a country without illiteracy was a priority task.

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Published on October 31, 2024 00:20

Royal Family LIVE: Key moment as tension between Princess Kate and Meghan exposed | Royal | News

Tension was brewing between them Meghan Markle and Princess Kate as early as their presence at the Royal Foundation Forum in 2018, a royal expert claims.

Kate and Meghan, who attended with their husbands, were loften referred to as the “Fab Four” from the press, but that Royal Foundation Charity Performance will be their only official charity engagement together.

Royal expert Richard Eden cited an image from the event of Daily Mail Royals A YouTube channel highlighting vivid details of the event that exposed the tension. He said: “The only one who seems happy to be there is Meghan. She looks pleased with this expression.

He added: “She really seems to have felt ‘this is my moment, I’m joining the firm and I’m going to be the boss.’

Referring to body language, Richard explains that Kate, Harry and William “all look quite awkward”, with the brother “biting” their lips.

Princess Kate, who was heavily pregnant at the time with Prince Louis “smiled and clapped” when Meghan was introduced, but “the mood was tense” between the royals.

Following Harry and Meghan’s departure from the royal family in 2020, the Royal Foundation is now an initiative of the Prince and Princess of Wales, driven by a desire to ‘make a difference’ – as stated on website.

THIS IS A LIVE BLOG… READ BELOW FOR MORE UPDATES….

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Published on October 31, 2024 00:14

October 30, 2024

Saudi Arabia’s third-quarter GDP rose 2.8 percent year-on-year, according to Reuters

ABU DHABI (Reuters) – Saudi Arabia’s economy grew 2.8 percent in the third quarter from a year earlier, preliminary government data showed on Thursday, supported by an increase in non-oil activities.

© Reuters. Muslim pilgrims shop in Mecca, Saudi Arabia, July 5, 2022. REUTERS/Mohammed Salem/ File photo

Non-oil growth rose 4.2 percent in the third quarter from a year earlier, and government activities rose 3.1 percent, while growth in the oil sector was almost flat at 0.3 percent, according to data released by the Central statistical authority.

On a quarterly basis, real GDP grew by 0.8% in the third quarter, the statistical authority said.

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Published on October 30, 2024 23:56

The brewer behind Hertog Jan and Jupiler sells less beer

The brewery, which also includes the Bud, Stella Artois and Hoegaarden brands, sold more than 148 million hectoliters of beer and other beverages in July, August and September. This is 2.4% less compared to the same period last year. Volumes fell particularly sharply in the Asia-Pacific region, by more than a tenth. More beer was sold in Europe, the Middle East and Africa.

But because the selling price per hectoliter was higher, total turnover was still 2.1 percent higher than last year, just over $15 billion (approximately €13.8 billion). Operating profit rose 7.1 percent to $5.4 billion.

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Published on October 30, 2024 23:50

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