Heuer, currently accounting specialist at the Port, has accepted the promotion to finance manager. Heuer, who just finished her Masters of Science in Finance at Seattle University this week, will now manage the department and oversee financing and accounting for all of the myriad Port projects.
See Original Article

(Bloomberg) — Russia detained Summa Group co-owner Ziyavudin Magomedov, who has been in talks to sell his stake in a key port, on suspicion of embezzling large amounts of state funds for infrastructure and energy projects. Magomedov, his brother Magomed Magomedov and Artur Maksidov, who
See Original Article

China Petroleum & Chemical Corp., the world's biggest refiner, will pay a record-high dividend as its massive fuels and chemical segments helped boost annual profit about 10 percent. Net income climbed to 51.1 billion yuan ($8.1 billion), the company known as Sinopec said in a statement to the Hong
See Original Article

So far this year, there have been more than 40 cardboard-packaging and paper-product deals, including the bid for Smurfit, according to the Bloomberg data. “International Paper believes the revised proposal provides the best immediate and long term value for Smurfit Kappa shareholders,” the U.S.
See Original Article

As many financial executives begin to get over the hump with regards to the implementation of Accounting Standards Codification (ASC) 606, “Revenue From Contracts With Customers,” they are being tasked with tackling another new standard, ASC 842, “Leases.” Financial executives are beginning to
See Original Article