Search Results for: Total
CMC Markets launches upgraded mobile app
October 3rd, 2014
CMC Markets plc. in the UK, (www.cmcmarkets.co.uk), one of the leading providers of financial spread betting and CFD trading, has announced upgrades to its Next Generation mobile apps. The upgrade to the iPhone, iPad and Android™ apps include enhancements ...
Pimco Returns Fund investors hits record $23.5 billion
October 2nd, 2014
Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross’s surprise resignation from the firm. The Pimco ...
Walmart appoints Instagram founder Kevin Systrom to its board
September 30th, 2014
The world’s largest retailer has come over more Walden than Walmart, after it appointed Instagram founder and chief executive Kevin Systrom to its board. The US-based supermarket, which owns Asda, said Systrom’s “digital expertise will be invaluable” – so ...
Russian Energy Influence on Europe
September 30th, 2014
With the Ukrainian conflict unresolved and winter in sight, the EU will not only have the grand task of preparing the continent for the possibility of energy shortages, but also to define its long-term energy goals. Most East European ...
Draghi Devaluing Euro Cheers ECB as Inflation Seen Fading
September 29th, 2014
Mario Draghi’s strategy for reviving the euro area looks like devaluation. While the European Central Bank president says the exchange rate isn’t a policy target, officials aren’t secretive about their approval of the currency’s 9% slide. The depreciation increases ...
Pimco changes Bill Gross model
September 29th, 2014
Pimco CEO Doug Hodge told on Sunday that Pimco is moving away from a founder-led model and that the Newport Beach, California-based firm’s flagship fund previously run by co-founder Bill Gross “does not define Pimco.” “Recognize that we are ...
Japan’s Daiichi Sankyo to acquire US biopharma Ambit Biosciences
September 29th, 2014
Japanese drugmaker Daiichi Sankyo Co Ltd (4568.T) has agreed to acquire U.S. biopharmaceutical company Ambit Biosciences Corp (AMBI.O) in a deal valued up to $410 million as it looks to build its presence in oncology, the companies said. The ...
Another Western Energy Company Ends Russian Cooperation
September 25th, 2014
ExxonMobil Corp. was the first Western company to bow to Western sanctions against Moscow and suspend offshore Arctic drilling for Rosneft, the Kremlin-owned oil giant. Now another large Western energy company, France’s Total, is ending its effort with Russia’s ...
Citizens Financial’s Offering Raises $3 Billion as It Parts From R.B.S.
September 24th, 2014
After 26 years within the Royal Bank of Scotland, the Citizens Financial Group, the American retail bank, is setting off on its own. The bank raised $3 billion in its initial public offering on Tuesday, valuing itself at $12.9 ...
German Companies continue their business activity
September 23rd, 2014
A rare bright spot in the European economy in recent years, many of the biggest German companies have begun capitalizing on their strength, striking big deals for overseas competitors. Germany’s businesses have been the rare bright spot in the ...
