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LMAX Exchange announces record high profitability in 2016

May 11th, 2017 (0)
LMAX Exchange has issued today a press release to announce record high profitability with reported annual EBITDA of £5.6m in 2016. This marks the company’s strongest financial performance to date and demonstrates its rapidly expanding footprint in the global ...

Adidas reports strong start into the year; Q1 2017 results

May 5th, 2017 (0)
Major developments in Q1 2017: Currency-neutral revenues increase 16% Gross margin declines 0.2pp as a result of anticipated FX headwind Operating margin improves 0.9pp to 11.1% Net income from continuing operations grows 30% to € 455 million Basic EPS ...

European markets get a lift from perceived Macron debate win

May 4th, 2017 (0)
European stocks got a lift Thursday after centrist French presidential candidate Emmanuel Macron was perceived to have gotten the better of the far-right’s Marine Le Pen in a debate and a survey showed economic growth in the 19-country eurozone ...

Year 2018 will come with significant changes in the rules for systematic internalisers, MiFID II and MiFIR

May 3rd, 2017 (0)
On 3 January 2018, significant changes in the rules for systematic internalisers will enter into force together with the revised Markets in Financial Instruments Directive II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR). While the directly applicable ...

Bondholders filed to sue Puerto Rico

May 2nd, 2017 (0)
Bondholders filed to sue Puerto Rico Tuesday in the first legal challenge that hit the U.S. territory after a freeze on litigation that protected it from lawsuits expired amid a deep economic crisis. A group representing those who bought ...

EUR 230 million worth of fake food and beverages seized in global operation; case by country

April 27th, 2017 (0)
Operation OPSON VI, the joint Europol-INTERPOL operation targeting counterfeit and substandard food and drink, as well as the organised crime networks behind this illicit trade, has resulted in the seizure of 9 800 tonnes, over 26.4 million litres, and ...

Deutsche Bank: 4,000 jobs at risk of being moved out of UK after Brexit

April 27th, 2017 (0)
Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new regulations Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new ...

Multinational law firm promotes 19 partners across its global network

April 26th, 2017 (0)
Ashurst LLP, a multinational law firm headquartered in London, has issued an announcement to inform in relation to recent promotions across its global network, with effect from 1 May 2017. The promotions are across nine offices, with 53% in Europe ...

Costa Coffee owner Whitbread reports sales of £3.1 billion

April 25th, 2017 (0)
2016/17 was a 52-week year whereas 2015/16 was a 53-week year. In order to provide a clearer comparison, year-on-year growth relating to revenue, underlying profit and underlying earnings per share are shown on a 52-week comparative and a number ...
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