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Saudis’ Oil Price War Is Paying Off

February 27th, 2015 (0)
Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working. U.S. drillers are idling rigs at a record pace, gutting investment plans and laying off thousands ...

Greek goverment raises concern over payment to IMF in March

February 27th, 2015 (0)
The Euro Working Group discussed Greece’s imminent funding problems on Thursday amid mounting concern about how the country will meet its obligations next months. Earlier in the day, Minister of State for Coordinating Government Operations Alekos Flambouraris suggested that ...

Bank of Korea Interest Rates: January 2015

February 27th, 2015 (0)
□ In January 2015, the average interest rate on new deposits was 2.09%, down 7 basis point from December 2014. ― The average interest rate on outstanding amounts of deposits as of end-January stood at 1.88%, down 4 basis ...

RBS: Annual Results 2014

February 26th, 2015 (0)
RBS reports an attributable loss of £3,470 million in 2014, compared with a loss of £8,995 million in 2013. The result included a loss from discontinued operations of £3,445 million, which reflected a £3,994 million fair value write-down in ...

FD acquires Prelytix for up to $20m to boost presence in marketing technology sector

February 26th, 2015 (0)
First Derivatives, a leading provider of software and consulting services, today announces it has acquired the entire issued share capital of Prelytix Inc. (“Prelytix”) for an initial consideration of US$7.5m (£4.9m) and a maximum total consideration of US$20m (£13.0m). The acquisition, ...

Saudi plan to open stock market to foreign investors at ‘advanced’ stage

February 26th, 2015 (0)
Saudi Arabia’s plan to open its stock market to foreign investors is at an “advanced” stage, and the kingdom has already received substantial interest from overseas, said a senior economic leader. Prince Saud bin Khalid Al Faisal, the executive ...

Euronext Publishes Full Year 2014 Results

February 26th, 2015 (0)
Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX) today announced its results for the full year of 2014. Third party annual revenue increased by +9.0% on an adjusted basis 1 to €458.5 million (FY 2013 adjusted: €420.5 million), or +18.6% on a reported basis (FY 2013 ...

Preliminary Results for the year ended 31 December 2014

February 25th, 2015 (0)
Focused marketing strategy and ongoing improvement in the strength of the Plus500 brand attracted new customers – active customers exceeded 100,000 for the first time Effective user experience across all platforms including smartphones and tablets Intuitive technology platform enabled ...

Russia’s Gazprom threatens to cut off gas to Ukraine, Europe

February 25th, 2015 (0)
Russia’s state-owned gas giant Gazprom warned Tuesday it could cut off gas deliveries to Ukraine within two days, upping the stakes in the crisis there — and threatening supplies to the rest of Europe. The Gazprom announcement came hours ...

Greek finance minister’s letter to the Eurogroup

February 24th, 2015 (0)
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...
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