Search Results for: Arab
Ex-Barclays chief to be quizzed by fraud office over alleged bribes
May 13th, 2014
Former Barclays boss Bob Diamond is to be grilled by the Serious Fraud Office over alleged bribes paid by the bank to Middle East investors during the financial crisis. The tainted former chief executive is among a dozen former ...
Wall Street’s Top Banks To Keep Lower Profile At Russian Investment Meeting Amid Growing Sanctions
April 30th, 2014
Wall Street’s top firms are walking an increasingly fine line between business as usual and growing political pressure to shun Russia for its annexation of Crimea and meddling in Ukraine, believing that their business ties are more important than ...
T. Rowe Price CEO: Investors are focused on valuations
April 25th, 2014
The chief executive of T. Rowe Price Group Inc. says the firm’s long-term perspective and culture are what make up its secret sauce for success. The money manager TROW +0.02% on Thursday reported another strong quarter amid higher fee ...
Europe Still Has a Mountain of Debt
April 24th, 2014
There was a time not so long ago when the vast majority of experts agreed that a country could not emerge decisively from a financial crisis unless it solved problems of both “stocks” and “flows” — that is, secured ...
DIFC Event Discusses Sukuk Oversight
April 23rd, 2014
International standard setter the International Islamic Financial Market (IIFM) recently organized an industry consultative meeting on the standardization of Shari’ah-compliant financial certificates, known as Sukuk. The meeting was hosted by the Dubai International Financial Centre (DIFC). The objective of ...
Angola Is Moving Into Oil’s Big Leagues As it Leaves Decades Of War Behind
April 17th, 2014
After decades of sporadic growth and political turmoil, Angola is on the verge of catapulting to the top ranks of the world’s energy economy following major deep-water production investments by several top global oil companies. On Monday, France’s Total ...
European Stocks Rise Before U.S. Data as Tesco Rallies
April 16th, 2014
European stocks rose the most in three weeks as investors weighed earnings reports and awaited data that may show American housing and industrial activity increased. U.S. index futures and Asian shares climbed. Tesco Plc advanced the most since 2012 ...
Toyota’s Lentz Seeks Fuel Cell Sedan Supply Boost to U.S.
April 4th, 2014
Toyota Motor Corp. (7203)’s North American chief, preparing to sell Camry-sized hydrogen sedans next year, said he’s “bullish” about advances in the company’s fuel cell system and wants more U.S. supply of the Japan-built cars. Toyota, the world’s largest ...
Iran and Iraq drive 15% global rise in executions
March 27th, 2014
The number of known executions around the world rose almost 15 percent in 2013, with the spike due in part to more executions in Iran and Iraq, a new Amnesty International report says. The report released by the London-based ...
Mind the Non-GAAP
March 27th, 2014
Nontraditional financial metrics can shed valuable light on a company’s operations – or obscure its true condition. Normalized adjusted EBITDA less capex. Adjusted consolidated segment operating income. Adjusted EBITDA (as adjusted). Even enthusiasts of non-GAAP metrics have to admit ...
