Arvin Donguines
The Latest
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Brazil’s Nubank Receives Hefty Investment From China’s Tencent Tech Company
The Brazilian financial services company, Nu Pagamentos SA, raised USD$180 million from the Chinese gaming and social media giant, Tencent Holdings Ltd, for an undisclosed minority stake, the two firms announced on Monday. The Brazilian financial services company, Nu Pagamentos SA, raised USD$180 million from the Chinese gaming and social media giant, Tencent Holdings Ltd, for an undisclosed minority stake, the two firms announced on Monday. -
Costco’s Average Hourly Wage Still Dwarfs Other Rates, Even With Amazon’s New Pay Scheme
Despite the recent attention Amazon has been enjoying in the past few days, Costco remains unconcerned over the potential of losing its own employees to the e-commerce giant and its offer of higher minimum wage. As per Costco’s big boss, the retailer still pays the highest in average as compared to other competitions in the country. Despite the recent attention Amazon has been enjoying in the past few days, Costco remains unconcerned over the potential of losing its own employees to the e-commerce giant and its offer of higher minimum wage. As per Costco’s big boss, the retailer still pays the highest in average as compared to other competitions in the country. -
Pompeo Confirms Cooperation From North Korea’s Kim Jong-Un Following State Visit
The US Secretary of State Mike Pompeo said on Sunday that his meeting with North Korea’s leader Kim Jong-Un was rather fruitful with the latter agreeing on the request to allow international governing bodies and experts to inspect its key nuclear testing site which it claimed to have been decommissioned, a decision which is seen as a gesture that the Hermit Kingdom is more committed than ever to denuclearize the country and free the Korean Peninsula from such threats. The US Secretary of State Mike Pompeo said on Sunday that his meeting with North Korea’s leader Kim Jong-Un was rather fruitful with the latter agreeing on the request to allow international governing bodies and experts to inspect its key nuclear testing site which it claimed to have been decommissioned, a decision which is seen as a gesture that the Hermit Kingdom is more committed than ever to denuclearize the country and free the Korean Peninsula from such threats. -
US Senate Confirms Kavanaugh To The Supreme Court
After a tumultuous confirmation battle, the Republican-led US Senate confirmed on Saturday, Judge Brett Kavanaugh to the Supreme Court, entirely dismissing the accusations of sexual misconduct filed against him while delivering a big win to President Donald Trump who has now secured a personally-picked official in America’s judicial body. After a tumultuous confirmation battle, the Republican-led US Senate confirmed on Saturday, Judge Brett Kavanaugh to the Supreme Court, entirely dismissing the accusations of sexual misconduct filed against him while delivering a big win to President Donald Trump who has now secured a personally-picked official in America’s judicial body. -
China Detains Interpol Chief, Meng Hongwei Over Suspected Misdemeanor
China confirmed on Sunday that it has launched an investigation on Interpol chief, Meng Hongwei, on the suspicion of wrongdoing following reports that the head of the global law enforcement organization and at the same time, the vice minister of the national security, has gone missing in France. China confirmed on Sunday that it has launched an investigation on Interpol chief, Meng Hongwei, on the suspicion of wrongdoing following reports that the head of the global law enforcement organization and at the same time, the vice minister of the national security, has gone missing in France. -
Qatar Energy Official Defends OPEC, Says Oil Market Is Balanced
Amidst speculations, a Qatari energy minister said on Sunday that the global oil market remains balanced when it comes to the supply and demand of the energy source, further nothing that the price increase is entirely due to the uncontrollable geopolitical changes. Amidst speculations, a Qatari energy minister said on Sunday that the global oil market remains balanced when it comes to the supply and demand of the energy source, further nothing that the price increase is entirely due to the uncontrollable geopolitical changes. -
Blaming China For Cancelled Security Talks An Immature Move From The White House
The United States has drawn flak from the office of China’s foreign ministry for putting the blame on the Xi Jinping admin with regards to the cancellation of security talks initially planned to take place this month, undermining the gravity of the trade spat issue currently going on between the two global economies. The United States has drawn flak from the office of China’s foreign ministry for putting the blame on the Xi Jinping admin with regards to the cancellation of security talks initially planned to take place this month, undermining the gravity of the trade spat issue currently going on between the two global economies. -
Rising Crude Inventories Sent Four-Year High Oil Price To Sharp Decline
Like a much-needed breather: oil prices have gone down sharply from its four-year high level this Thursday due to a market-wide selloff resulting to the recent news citing Saudi Arabia and Russia’s prospect to increase crude production. Like a much-needed breather: oil prices have gone down sharply from its four-year high level this Thursday due to a market-wide selloff resulting to the recent news citing Saudi Arabia and Russia’s prospect to increase crude production. -
North, South Korean Troops Begin Clearing Operations In DMZ
The militaries of South Korea and North Korea has begun removing a small portion of landmines planted across a heavily fortified border area on Monday, an operation which marks the realization of the agreement previously reached by the two Korean neighbors during the Pyongyang summit last month. The pact signed between NoKor and SoKor is aimed to build trust and ease the tension felt in the Korean region. The militaries of South Korea and North Korea has begun removing a small portion of landmines planted across a heavily fortified border area on Monday, an operation which marks the realization of the agreement previously reached by the two Korean neighbors during the Pyongyang summit last month. The pact signed between NoKor and SoKor is aimed to build trust and ease the tension felt in the Korean region. -
Toyota Motors Forms Joint Venture With SoftBank To Develop Driverless Vehicle Services
Toyota Motors and Softbank are joining forces in a multi-million dollar joint venture deal as the two of the most high-profile Japanese companies take on the autonomous vehicles market in the country by providing cutting-edge driverless car technology and services by the second half of 2020. Toyota Motors and Softbank are joining forces in a multi-million dollar joint venture deal as the two of the most high-profile Japanese companies take on the autonomous vehicles market in the country by providing cutting-edge driverless car technology and services by the second half of 2020.