Dubbed the “strictest anti-corruption rules” by domestic legal observers, the judicial interpretation aligns sentencing standards for private-sector employees with those for public officials, significantly increasing penalties for private-sector offenders. Photo: VCG A sweeping new legal framework targeting corruption in China took effect Friday, sparking concerns among legal experts that the stri...
Dubbed the “strictest anti-corruption rules” by domestic legal observers, the judicial interpretation aligns sentencing standards for private-sector employees with those for public officials, significantly increasing penalties for private-sector offenders. Photo: VCG A sweeping new legal framework targeting corruption in China took effect Friday, sparking concerns among legal experts that the stringent regulations could inadvertently ensnare private entrepreneurs and stifle corporate decision-making. Dubbed the “strictest anti-corruption rules” by domestic legal observers, the 24-article judicial interpretation — the second of its kind since Beijing launched its sweeping anti-graft campaign more than a decade ago — aligns sentencing standards for private-sector employees with those for public officials, significantly increasing penalties for private-sector offenders.
Many of the nation's overgrown forests are at high risk of burning. Under the Trump administration, work to reduce flammable vegetation fell by more than a million acres compared to previous years. (Image credit: Justin Sullivan/Getty Images)
Many of the nation's overgrown forests are at high risk of burning. Under the Trump administration, work to reduce flammable vegetation fell by more than a million acres compared to previous years. (Image credit: Justin Sullivan/Getty Images)
(RTTNews) - The German market's benchmark index DAX gained ground in positive territory in cautious trade Monday morning, with investors following the latest developments in the Middle East and assessing U.S. President Donald Trump's threat that he would increase tariffs on EU ca
(RTTNews) - The German market's benchmark index DAX gained ground in positive territory in cautious trade Monday morning, with investors following the latest developments in the Middle East and assessing U.S. President Donald Trump's threat that he would increase tariffs on EU ca
A fresh plan announced by Donald Trump to help vessels through the Strait of Hormuz has left shipping executives confused , as attacks continue and traffic remains at a near standstill. Under what he called Project Freedom, Trump said on Sunday the US would guide ships trapped in the Persian Gulf “safely out of these restricted Waterways, so that they can freely and ably get on with their business...
A fresh plan announced by Donald Trump to help vessels through the Strait of Hormuz has left shipping executives confused , as attacks continue and traffic remains at a near standstill. Under what he called Project Freedom, Trump said on Sunday the US would guide ships trapped in the Persian Gulf “safely out of these restricted Waterways, so that they can freely and ably get on with their business.” He provided no detail. An “enhanced security area” has been established by the US to support transits, according to a notice from the Joint Martime Information Center on Monday, advising vessels to consider crossing the waterway through Omani waters. But JMIC, which monitors and analyzes security threats in the area, also also did not elaborate on the plan. The head of the Iranian parliament’s National Security Commission, meanwhile, has already responded that US interference in Hormuz would constitute a violation of a fragile ceasefire in place since last month. Trump’s comments create the risk of unintended escalation, according to Anil Jai Singh, vice president at the Indian Maritime Foundation. “In what order will these ships be escorted out? Will some ships get preference over other ships? What about ships that are flying foreign flags?” Singh, a retired commodore with the Indian Navy, told Bloomberg TV. “It raises a lot of questions, and the answers are not very clear.” Keep track of the twists and turns — and the global fallout — of the war with Iran here . What You Need to Know Today GameStop is pitching to buy eBay for about $56 billion. The US gaming retail chain offered $125 per share in cash and stock for the online marketplace, or about a 20% premium to its Friday close. In a memo to investors, Gamestop pledged to find some $2 billion of annual savings within 12 months of closing. The company had a market value of $12 billion as of Friday. EBay was much bigger at around $46 billion. Both companies have struggled to adapt to changing consumer preferences. A s...
Westshore Terminals Investment Corporation ( WTE:CA ) declares CAD 0.375/share quarterly dividend , in line with previous. Payable July 15; for shareholders of record June 30; ex-div June 30. See WTE:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Westshore Terminals Investment Corporation Historical earnings data for Westshore Terminals Investment Corporation Dividend scorecard for...
Westshore Terminals Investment Corporation ( WTE:CA ) declares CAD 0.375/share quarterly dividend , in line with previous. Payable July 15; for shareholders of record June 30; ex-div June 30. See WTE:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Westshore Terminals Investment Corporation Historical earnings data for Westshore Terminals Investment Corporation Dividend scorecard for Westshore Terminals Investment Corporation Financial information for Westshore Terminals Investment Corporation
koyu/iStock via Getty Images The world is currently experiencing an era of global water bankruptcy, where water demand exceeds nature's ability to replenish it, affecting roughly 75% of the global population. - World Resources Institute I was inspired to write this Absolute Return Letter after reading “The weaponisation of water” in the Lancet. You can find the article here , should you want to le...
koyu/iStock via Getty Images The world is currently experiencing an era of global water bankruptcy, where water demand exceeds nature's ability to replenish it, affecting roughly 75% of the global population. - World Resources Institute I was inspired to write this Absolute Return Letter after reading “The weaponisation of water” in the Lancet. You can find the article here , should you want to learn more. Weaponising Water: How water is increasingly used as a weapon and how you can take advantage of it when investing Why higher temperatures will lead to freshwater problems Simple logic would suggest that higher temperatures around the world would result in too much water. After all, won't higher temperatures cause more ice to melt and thus lead to rising sea levels? That is indeed correct, but life isn't that simple. Allow me to explain. When the temperature changes, the total amount of water doesn't change – only the state and location of it. The amount of water on planet Earth is nearly constant, whatever the temperature is. Climate change has led to melting ice sheets all over the world; however, melted ice doesn't flow into freshwater reservoirs but into the ocean; i.e. drinkable freshwater is turned into non-drinkable saltwater. Also, warm air holds more water moisture than cold air, i.e., when the temperature rises, the atmosphere becomes more humid, as plenty of water is 'stolen' from surface water on the ground, rivers, lakes, etc. Higher temperatures accelerate the evaporation so that rainfalls become rarer, leading to more land areas suffering from drought despite the increased humidity. And it is increasingly the case that, when it finally rains, the rainfall is often so heavy that it causes flooding and other damage. How serious is the freshwater scarcity problem? A recent report from the UN states that: more than half of the world's large lakes have been shrinking since the 1990s; 35% of natural wetlands have disappeared since 1970, damaging ecosystems...
Schroptschop European Central Bank survey data showed that professional forecasters expect inflation at 2.7% in 2026 before easing to ~2% by 2028, with long-term expectations anchored at target. Real GDP growth was revised lower to 1.0% for 2026, reflecting the drag from higher energy prices. Core inflation is expected to stay contained near ~2.2% in 2026–27, signaling no strong second-round effec...
Schroptschop European Central Bank survey data showed that professional forecasters expect inflation at 2.7% in 2026 before easing to ~2% by 2028, with long-term expectations anchored at target. Real GDP growth was revised lower to 1.0% for 2026, reflecting the drag from higher energy prices. Core inflation is expected to stay contained near ~2.2% in 2026–27, signaling no strong second-round effects from energy prices. Slovak policymaker Peter Kazimir said the inflation outlook remains tilted to the upside, reinforcing the case for policy tightening in the near term. A June rate hike by the European Central Bank appears virtually certain, as rising energy costs are expected to spread to the broader economy with no betterment seen in the Iran war situation, he added. While Bank of France Governor Francois Villeroy de Galhau said ECB needs a “critical mass” of data—especially on core inflation, wages, and expectations—before deciding on rate hikes, signaling a cautious, data-driven approach. More on Euro Area EUR/USD, GBP/USD Overview - FX Picks Up Again, U.S. Dollar Tumbles After The ECB And BOE EUR/USD Drifted Down To 1.1665/1635 Key Support For Potential Bullish Reversal Dollar Reasserts Itself As Global Tensions Shift Currency Markets European markets almost flat as investors read economic signals European markets subdued as most parts remain shut for Labor Day
Exxon Mobil ( XOM ) declares $1.03/share quarterly dividend , in line with previous. Forward yield 2.7% Payable June 10; for shareholders of record May 15; ex-div May 15. See XOM Dividend Scorecard, Yield Chart, & Dividend Growth. More on Exxon Mobil Exxon Mobil: Middle East Disruptions Easily Handled Exxon Mobil Corporation (XOM) Q1 2026 Earnings Call Transcript Exxon Mobil Corporation 2026 Q1 - ...
Exxon Mobil ( XOM ) declares $1.03/share quarterly dividend , in line with previous. Forward yield 2.7% Payable June 10; for shareholders of record May 15; ex-div May 15. See XOM Dividend Scorecard, Yield Chart, & Dividend Growth. More on Exxon Mobil Exxon Mobil: Middle East Disruptions Easily Handled Exxon Mobil Corporation (XOM) Q1 2026 Earnings Call Transcript Exxon Mobil Corporation 2026 Q1 - Results - Earnings Call Presentation Exxon CEO turns 'positive' on 'uninvestable' Venezuela, where oil exports hit seven-year high Earnings Scoreboard: 82% of S&P 500 reporting firms top EPS estimates as 78% of firms post Y/Y earnings growth