Tue. Oct 26th, 2021

Central

A Gazprom director profited from a secret scheme linked to the construction of a multibillion-dollar gas pipeline between central Asia and China, according to documents seen by the Financial Times.

The documents indicate that staff and consultants working for Timur Kulibayev designed a scheme for the Kazakh billionaire to receive at least tens of millions of dollars from contracts related to the vast project.

Kulibayev, who has served on the Russian energy giant’s board since 2011, is the son-in-law of a former Kazakh president and has wide-ranging business interests, including in banking, mining and real estate. As one of the most powerful officials in the country, he oversaw the state companies that awarded contracts to build the pipelines across Kazakhstan.

Emails sent between 2008 and 2014 and leaked by a whistleblower contain detailed descriptions of a setup that appears to allow Kulibayev to receive a share of the profits from

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In 2009, the U.S. government extended a $535 million dollar loan guarantee to a manufacturer of solar panels named Solyndra. The aim of this subsidy was to expedite the development of renewable energy technology, as the global economy’s reliance on carbon energy was threatening the long-term survival of human civilization. Shortly after Uncle Sam bankrolled the solar firm, the price of a material called polysilicon plummeted by 89 percent. Solyndra’s competitors used polysilicon in their solar panels, and thus, enjoyed a rapid collapse in their costs of production. Solyndra did not. The firm abruptly failed, taking $528 million in federal funds down with it.



a sign on the side of a building: Consider the fraudsters. Alex Tai/SOPA Images/LightRocket via Getty Images


© Alex Tai/SOPA Images/LightRocket via Getty Images
Consider the fraudsters. Alex Tai/SOPA Images/LightRocket via Getty Images

And conservatives rejoiced.

Barack Obama had just provided America with a “teachable moment” on the evils of public investment. Pointy-headed bureaucrats — high on their godless hubris and corrupted

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WALNUT CREEK, Calif.–(BUSINESS WIRE)–Central Garden & Pet (NASDAQ: CENT, CENTA) (“Central”) announced today that it has launched Central Ventures, a venture fund dedicated to discovering emerging businesses that are focused on innovating and shaping the future of the garden and pet industries. The fund is a key priority in the company’s new ‘Central to Home’ strategy, which was unveiled today at Central’s first Investor Day.

“At Central Garden & Pet, we know we must always be looking ahead and investing in the leaders and ideas of tomorrow to ensure we are positioned to drive the future of our industries,” said Tim Cofer, CEO of Central. “Our new ‘Central to Home’ strategy includes a renewed focus in venture that will bring exciting new products and capabilities into the organization. Additionally, we’re looking forward to teaming up with great businesses and leaders and leveraging our capabilities to help them unlock

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EL SEGUNDO, Calif., Dec. 3, 2020 /PRNewswire/ — 3PL Central, the leader in cloud-based Warehouse Management Systems (WMS) built to meet the unique needs of third-party logistics (3PL) warehouses, today launched a new suite of Consulting Services designed for 3PL warehouses to optimize efficiency, implement best practice workflows, and automate processes. Last week alone, 3PL Warehouse Manager customers saw increased order volume of more than 42% compared to the previous year’s Black Friday volumes, highlighting the need for warehouses to create scalable and optimized processes.

In a recent survey, 3PL warehouses cited managing costs (49%), driving operational efficiency (47%), and technology implementation/integration (45%) as the top three challenges within their businesses today — finding and retaining workers came in as a close fourth (43%). Designed to address these challenges, 3PL Central’s Consulting Services include a variety of options to overcome the unique challenges associated with efficiency bottlenecks, insufficient

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Adds analyst quote, more background

MUMBAI, Dec 3 (Reuters)The central bank has forbidden India’s largest private lender HDFC Bank HDBK.NS from adding new credit card customers or launching digital businesses after its digital payment services were hit by a power failure last month.

The Reserve Bank of India has asked the bank’s board to examine the lapses and fix accountability, the lender said in a stock exchange filing on Thursday.

It said the central bank would consider lifting the curbs on “satisfactory compliance with the major critical observations” it had made.

“We are working on war footing,” said Sashi Jagdishan, Managing Director & CEO of HDFC Bank in a statement to customers published on the bank’s website. “We will work with experts and the regulator to fortify the identified areas for improvement.”

On Nov. 21, HDFC Bank’s digital payments business went down for more than 12 hours

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The MarketWatch News Department was not involved in the creation of this content.

Dec 01, 2020 (CDN Newswire via Comtex) —
Global Central Venous Catheters Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 released by MarketQuest.biz tries to cover the authenticate information of market size, share, revenue, and progress rate along with detailed insights related to the market. The report focuses on major statistical evidence for the global Central Venous Catheters industry as it offers guidance to readers through which they can encounter the obstacles surrounding the market. The report throws light on fluctuating tendencies that directly or indirectly impact the market. Several factors such as global distribution, manufacturers, market factors that affect the global contributions are reported in the study. Further an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production have been highlighted in

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MUMBAI, Dec 3 (Reuters)The central bank has forbidden India’s largest private lender, HDFC Bank HDBK.NS, from adding new credit card customers or launching digital businesses after its digital payment services were hit by a power failure last month.

The Reserve Bank of India has asked the bank’s board to examine the lapses and fix accountability, the lender said in a stock exchange filing on Thursday.

“The above measures shall be considered for lifting upon satisfactory compliance with the major critical observations as identified by the RBI,” it added, referring to the central bank’s curbs.

On Nov. 21, HDFC Bank’s digital payments business was down for more than 12 hours, following a power outage in its primary data centre.

Shares of HDFC Bank turned negative after its statement, giving up earlier session gains of more than 1%, and were last trading down 0.3% by 0516 GMT.

“The bank

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TOKYO (Reuters) – Bank of Japan (BOJ) board member Hitoshi Suzuki said on Thursday the central bank should allow super-long bond yields to rise moderately as part of efforts to make its stimulus programme sustainable.

FILE PHOTO: Bank of Japan (BOJ) new policy board member Hitoshi Suzuki attends a news conference at BOJ headquarters in Tokyo, Japan July 25, 2017. REUTERS/Issei Kato

Under its yield curve control policy, the BOJ seeks to keep short-term interest rates at around -0.1% and 10-year bond yields around zero as part of efforts to revive the economy with low borrowing costs.

But years of ultra-low rates have strained financial institutions’ profits, stoking fears that they may not earn enough to boost lending and help support the economy.

“Allowing the super-long end of the yield curve to steepen moderately, while keeping 10-year bond yields around zero, would help financial institutions earn more profits,” Suzuki told

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TOKYO (Reuters) – Bank of Japan (BOJ) board member Hitoshi Suzuki said on Thursday the central bank should allow super-long bond yields to rise moderately as part of efforts to make its stimulus programme sustainable.

Under its yield curve control policy, the BOJ seeks to keep short-term interest rates at around -0.1% and 10-year bond yields at around zero as part of efforts to revive the economy with low borrowing costs.

But years of ultra-low rates have strained financial institutions’ profits, stoking fears that they may not earn enough to boost lending and help support the economy.

“Allowing the super-long end of the yield curve to steepen moderately, while keeping 10-year bond yields around zero, would help financial institutions earn more profits,” Suzuki told business leaders in Fukushima, northeastern Japan.

“As such, this will be desirable from the standpoint of maintaining financial system stability, as our monetary easing is prolonged,”

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