Search Results for: Allen
UAE eyes new clean energy generation target by 2030
January 21st, 2016
The UAE is looking to increase its target for power generation from clean energy to 30 per cent by 2030, the energy minister said yesterday. “What we know is that at least 25 per cent is going ...
Deutsche Bank reports preliminary full year and fourth quarter 2015 results
January 21st, 2016
Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) today announced that it expects to incur a number of charges that will contribute to an overall loss for the fourth quarter 2015: Expected litigation charges of approximately EUR 1.2 billion, the majority of ...
Don’t panic’: Experts reveal their investment tips for volatile times
January 21st, 2016
China fears! Billions of dollars lost! Unprecedented volatility! With investment markets in full blown panic mode, two listed investment company stalwarts are advising investors to keep cool heads as they wade through some of the most volatile times on ...
Apple Eyes Launching Stores In India
January 21st, 2016
Apple AAPL Inc. may finally take note of the world’s second largest telecom market–India. The company, which has for years ignored India and which currently sells its products here via a franchise network, is planning to launch its own stores in the ...
Goldman Sachs:2015 Annual and Fourth Quarter Results
January 21st, 2016
Bank’s trading revenue drops 9%, while investment banking is a bright spot Goldman Sachs Group Inc. predicted that this month’s stock-market swoon wouldn’t derail a merger boom that proved one of the bright spots in a lackluster quarter for the Wall ...
PwC announced new strategic relationship
January 21st, 2016
PwC and LRN Forge Strategic Relationship to Help Organisations Operate with Purpose and Values at their Core PwC and LRN announced a long-term strategic relationship to better help organisations elevate behaviour, define and scale their values, and become animated ...
Oil plumbs new lows below $27 as oversupply woes persist
January 21st, 2016
U.S. oil prices crashed below $27 dollars a barrel on Wednesday for the first time since 2003, caught in a broad slump across world financial markets with traders also worried that the crude supply glut could last longer. Oil ...
Russia’s currency collapses to lowest level ever
January 21st, 2016
The Russian ruble has just collapsed to its lowest ever level. It dropped 4% to 82 rubles per U.S. dollar on Wednesday, passing a previous low hit in late 2014 and piling on the pain for an economy already ...
Shell’s profits dive ahead of BG deal shareholder vote
January 20th, 2016
Royal Dutch Shell has reported a sharp drop in profits just a week before shareholders vote on its planned takeover of smaller rival BG Group. For the fourth quarter it expects profits of $1.6bn to $1.9bn, less than half ...
Pound dives as Bank of England rules out rate rise amid weak UK growth
January 20th, 2016
Currency traders react to Mark Carney’s downbeat assessment by selling pound to $1.42, its weakest since March 2009 The Bank of England governor has sent the pound into a nosedive after he ruled out an early rise in interest rates, saying ...