Search Results for: Citi
Hedge Funds Are Closing Like It’s 2009
December 2nd, 2014
This year could be the worst for hedge fund closures since the financial crisis, Bloomberg reported. In first half of the year, 461 funds shut their doors, the report said, citing research from Hedge Fund Research Inc. If liquidations ...
Dollar’s Strongest Rally in Six Years Stalls Before Jobs Report
December 2nd, 2014
The dollar’s strongest annual rally in six years stalled amid speculation the currency’s advance has been too rapid before U.S. data tomorrow forecast to show job growth slowed. Australia’s currency rebounded from near the weakest in four years after ...
UK passes tough new transparency law for oil, gas and mining companies
December 1st, 2014
A historic law came into force in the UK today that will help fight poverty and corruption in resource-rich but poor countries said Global Witness, which has been campaigning for such measures for over 16 years. The new rules ...
Commodities Retreat to Five-Year Low as Oil Tumbles With Bullion
December 1st, 2014
Commodities fell to the lowest in five years as oil sank on prospects for a glut, gold fell after Swiss voters rejected a move to force the central bank to buy bullion and data from China confirmed a slowdown ...
EU’s Juncker survives no-confidence vote over tax deals
November 28th, 2014
The European Commission’s new president, Jean-Claude Juncker, comfortably survived a no-confidence vote on Thursday brought over news that Luxembourg had lured multinational businesses with super low tax rates during his period as prime minister. The censure motion in the ...
China’s Stocks Head for Biggest Weekly Gain in Three Years
November 28th, 2014
China’s benchmark stock index headed for its biggest weekly advance in three years on optimism a slide in oil prices will reduce costs for transport companies and the central bank may continue to loosen monetary policy. China Everbright Bank ...
France, Italy, Belgium may break budget rules, EU to revisit in March
November 27th, 2014
The European Commission will tell France, Italy and Belgium on Friday their 2015 budgets risk breaking EU rules, but it will defer decisions on any action until early March. At that point, France could face a multi-billion euro fine ...
Clive Palmer case in court: dense legal wrangling with a cast of hundreds
November 27th, 2014
Big money, big legal teams and a big call to make against a larger-than-life tycoon turned political phenomenon. But at the end of another round of labyrinthine legal argument, the accusations against Clive Palmer made by his former Chinese ...
The Abundant Commodity That’s Becoming Harder to Find
November 27th, 2014
Bauxite, one of the most common ores in the earth’s crust, is growing scarce. It’s been 10 months since Indonesia banned exports of bauxite, used to extract aluminum, in a bid to transform its mining industry, and the global market is still ...
Norway’s Krone Declines on OPEC as Dollar Falls on Growth Doubt
November 27th, 2014
The Norwegian krone dropped the most in a month against the dollar and was within 0.6 percent of a five-year low as oil ministers meet in Vienna to discuss output levels. The currency of Europe’s largest crude producer weakened ...
