Search Results for: Brazil
Citigroup combines retail banking and mortgage operations
June 26th, 2015
Citigroup Inc (C.N) will combine its retail banking and mortgage operations under Jonathan Larsen, according to an internal memo seen by Reuters, in the second senior promotion for a veteran of the bank’s Asian franchise this year. The U.S. ...
Gold Price History: The Last 2000 Years
June 25th, 2015
It really is no exaggeration to say that human beings have valued gold for as long as they’ve been able to get their hands on it. Burial sites going back to the 4th millennium BC include skillfully wrought gold ...
Gazprom building global alliance with expanded Shell
June 23rd, 2015
Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters. Gazprom, the world’s top gas producer, ...
Currency Traders Stuck in Norway as Volatility Whipsaws Market
June 12th, 2015
Just because a currency is from a Group of 10 nation doesn’t mean it will be easy to sell when markets become volatile. Norway’s krone saw the biggest jump in anticipated price swings of any of its major peers ...
Developing Countries Face Tough Transition in 2015 with Higher Borrowing Costs and Lower Prices for Oil & Other Commodities
June 11th, 2015
Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs as they adapt to a new era of low prices for oil and other key commodities, resulting in a fourth consecutive ...
Shell Expects Oil Rebound as Shale Fails to Fill Supply Gap
June 4th, 2015
Royal Dutch Shell Plc sees oil prices rising because supply from shale drilling in the U.S. won’t be enough to satisfy growing global demand. The industry needs to find an extra 4 million barrels to 5 million barrels a ...
Strengthening investment key to improving world economy’s B-minus grade, says OECD
June 3rd, 2015
Global growth will gradually strengthen towards its pre-crisis trend rate by late 2016 as activity becomes more evenly shared across the major economies and overall external imbalances are less marked than in the run-up to 2007, according to the ...
Google and Intel top charts of corporate investors in fintech
June 2nd, 2015
Financial services firms may dominate the list of corporate investors in fintech startups, but the biggest investment dollars are coming from two of the world’s largest tech companies, Google and Intel, according to data from CB Insights. The booming ...
BRICS to establish new multi-currency financial order
May 25th, 2015
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial institution is led by developing countries, said experts to RT. ...
Financing IMF Transactions Quarterly Report
May 13th, 2015
IMF credit is extended to its members in both foreign exchange and SDRs. Credit extended in foreign exchange is financed from the quota resources made available to the IMF by members, and essentially involves a transfer of foreign exchange ...
