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GBP/USD – Settles Around Key Level of 1.68

April 22nd, 2014 (0)
The last few days has seen the GBP/USD slowly edge back towards the key 1.68 level after moving to a multi-year high near 1.6850 within the last week. The last month has seen a steady climb higher from a ...

Income tax rises across OECD

April 14th, 2014 (0)
Personal income tax has risen in 25 of the 34 OECD nations over the past three years, as countries reduce the value of tax-free allowances and tax credits and subject higher proportions of earnings to tax, the body has ...

The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks

April 11th, 2014 (0)
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...

Christine Lagarde: huge government and bank debts risk new financial crash

April 10th, 2014 (0)
IMF head argues for global co-operation on financial stability, warning against risky investments and low eurozone inflation Head of the International Monetary Fund Christine Lagarde issued a warning to world leaders on Thursday that they need to do more ...

Record Europe Dividends Keep $3 Trillion From Factories

April 10th, 2014 (0)
Given the choice between investing in their businesses or paying off shareholders, European chief executive officers are choosing the latter. Companies of the benchmark Stoxx Europe 600 Index will pay 11.54 euros a share in dividends this year, the ...

Greek bond order book soars to €17.5bn

April 10th, 2014 (0)
Greece has attracted a staggering €17.5bn order book for its eagerly anticipated return to the bond market – and banks are still taking bids. The final size of the five year deal is yet to be confirmed but banks ...

Asia Stocks Cut Gain as Emerging Currencies Fall on China

April 10th, 2014 (0)
Asian stocks pared gains, while emerging-market and commodity producers’ currencies slipped as a surprise drop in China’s trade tempered optimism after the Federal Reserve eased concern about U.S. rate rises. Indonesian equities tumbled after elections failed to show a ...

European Stocks Rise After Two-Day Drop; Kingfisher Gains

April 9th, 2014 (0)
European stocks advanced, after the region’s equities posted their first back-to-back losses in more than three weeks. U.S. index futures were also little changed, while Asian shares outside Japan rose. Kingfisher Plc (KGF) added 1.5 percent as UBS AG ...

U.K. Industrial Output Surges More Than Forecast

April 8th, 2014 (0)
U.K. industrial production rose more than economists forecast in February bolstered by a surge in factory output that points to a continuing economic recovery. Production increased 0.9 percent from January, when it was unchanged, the Office for National Statistics ...

Vivendi Selling SFR to Altice in $23 Billion Deal, Hard-Fought Win for Drahi

April 7th, 2014 (0)
Billionaire Patrick Drahi’s Altice (ATC) SA won the bidding contest for Vivendi SA (VIV)’s French phone unit, beating a government-backed offer from Bouygues SA (EN) by agreeing to a deal valued at more than 17 billion euros ($23 billion). ...
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