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JXTG declines to comment on Caserones copper mine sale report

By: Reuters     23rd April 2019 JXTG Holdings, a Japanese oil refiner and miner, on Monday declined to comment on a media report that it is exploring the sale of its majority-owned Caserones copper mine in Chile. The Wall Street Journal said on Friday that JXTG is exploring the sale of Caserones, which could gain the company... 

Ghosn rearrested on new charges, vows 'I will not be broken'

By: Bloomberg     4th April 2019 The drama surrounding fallen auto executive Carlos Ghosn erupted again, with Japanese prosecutors rearresting him on fresh allegations that he used millions of dollars from Nissan Motor for his own purposes. Authorities showed up at Ghosn’s Tokyo apartment shortly before 06:00 on Thursday to... 

Gold is one wealth fund's escape from geopolitics, credit risk

By: Bloomberg     4th February 2019 For Azerbaijan’s sovereign wealth fund, nothing beats the safety of gold in a world gripped by trade disputes and geopolitical risk. Known as Sofaz, the fund is looking to almost double its holdings of the precious metal in 2019 to 100 t after resuming purchases in 2018 following a five-year... 

Ghosn denied bail yet again with trial still months away

By: Bloomberg     22nd January 2019 Carlos Ghosn’s bail application was rejected again, even after the fallen car titan offered to wear an electronic tracker and be monitored by guards to end his custody that has now lasted more than two months. The latest rejection by a Tokyo court is a win for the prosecutors, who can now keep... 

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