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Global Oil: Production, Politics, Price and Pain

December 23rd, 2014 (0)
The drop of oil prices in the past six months is all over the headlines with all sorts of opinions about how this is good or bad for economies around the world, consumers and corporations. Like everything there are ...

Asia pauses after Wall Street peak, oil pares losses

December 23rd, 2014 (0)
A holiday hush settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices recouped just a little of the losses suffered when Saudi Arabia quashed all thought of curbing supply. A revival in ...

Decline and Fall of the Demagogues

December 19th, 2014 (0)
This article could have been entitled ‘The Bonfire of the Vanities’ (with apologies to the book’s author Tom Wolfe) as it too is all about ruthless ambition, political sleaze and rampant greed. However, as vanity in others is regarded ...

KPMG pre-tax profits dip 9% as tax regulation bites

December 19th, 2014 (0)
KPMG has reported a 5% growth in revenues but pre-tax profits fell as the firm made a series of investments in new business lines, while its tax practice felt the impact of an increased regulatory burden Revenues for the ...

Where Are Oil Prices Headed In The Long Run?

December 18th, 2014 (0)
Global benchmark crude oil prices have declined sharply this year on slower demand growth and rising supplies. The growth in demand for crude oil has slowed down significantly this year due to moderating economic growth in emerging markets, such ...

Brent steady above 61 dollars

December 18th, 2014 (0)
Brent crude held steady above $61 a barrel on Thursday, bringing a sharp drop in prices to a temporary halt as companies are forced to cut upstream investments around the world. Chevron Corp has put a plan to drill ...

Ultimate owners of companies would have to be listed in central registers in EU countries

December 18th, 2014 (0)
The ultimate owners of companies would have to be listed in central registers in EU countries, accessible to people with a “legitimate interest”, such as investigative journalists and other concerned citizens, under a deal struck by Parliament and Council ...

ACCA Report

December 17th, 2014 (0)
The way in which companies report the risks they face needs to improve and move away from being too bland, too generic, too wordy and too biased on the positive, says a new report from ACCA (the Association of ...

Brent below $60: Prepare for ‘dramatic’ investment cuts

December 16th, 2014 (0)
Brent crude prices fell below $60 per barrel for the first time since July 2009 on Tuesday, prompting analysts to warn of a “dramatic” cut in investment – which could hit future supply. Brent for January delivery was trading ...

ICAEW draws up plans for assurance on banks’ capital

December 16th, 2014 (0)
ICAEW is developing a framework for assurance on bank capital measures in response to increased concern over banks’ capital positions, the institute announced today. The framework is intended to provide a basis for independently examining risk-weighted assets (RWAs), one ...
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