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Oil prices dip as demand stalls – IEA releases Oil Market Report for September
September 14th, 2015
Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some support from reduced American drilling. Front-month Brent crude futures LCOc1 were down 37 cents at $47.77 per barrel at 0448 GMT. U.S. crude ...
The British Accountancy Awards 2015 shortlist
September 10th, 2015
Accountancy Age is delighted to reveal the British Accountancy Awards 2015 shortlist. Now in fifth year of the awards, our shortlist contains the largest and most diverse set of entrants since we launched. Our Global Firm and National Firm of ...
Japan’s Nikkei 225 Rises 7.7% for Biggest Gain Since October 2008
September 9th, 2015
Investors buy back in after valuations hit 11-month low Topix surges most since 2011 as all 33 industry groups rise Japanese stocks soared, with the Nikkei 225 Stock Average staging the steepest advance since the aftermath of the 2008 ...
Brent Trades Near One-Week Low as China’s Crude Imports Decline
September 8th, 2015
China’s crude imports drop 13.4% from record in July Russia said to rule out cooperating with OPEC to cut supply Brent crude traded near the lowest price in more than a week as a slide in China’s oil ...
Nerves ahead of US jobs bring down Asian stocks
September 4th, 2015
Asian stocks declined on the final trading day of the week, as investors awaited the U.S. nonfarm payrolls report for August that may play a crucial role in the Federal Reserve‘s decision about when to lift interest rates. A ...
Interactive Brokers Group Reports Brokerage Metrics for August 2015
September 3rd, 2015
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for August. Highlights for the month included: 737 thousand Daily Average Revenue Trades (DARTs), 49% higher ...
Dechert enters Saudi Arabia with Hassan Mahassni association as Shearman opens in Dubai
September 3rd, 2015
After Saudi Arabia‘s liberalisation of its capital markets, Dechert has established a presence in the Kingdom by forming an association with the Law Firm of Hassan Mahassni. Shearman & Sterling also bolstered its presence in the Middle East with ...
Global 100 firms expand in Europe as Hill Dickinson hires a captain
September 1st, 2015
Last week saw Global 100 firms building their presence in Europe, with White & Case bolstering its private equity (PE) practice and Cleary Gottlieb Steen & Hamilton expanding its competition offering in Brussels. Meanwhile Hill Dickinson hired two partners for its ...
Slater & Gordon sets sights on Global 100 in 2016 as revenues hit A$522m
August 31st, 2015
Slater & Gordon has published its financial results for the year to 30 June 2015, recording a 27% increase in revenues as it continued its acquisitive streak throughout the year. The Australian-listed firm said that turnover had grown from A$411.1m ...
Bitcoin 2.0: What do banks want from blockchains?
August 25th, 2015
Most financial institutions are currently in stealth mode, trying to wrap their heads around some version or other of a blockchain, the shared ledger system made famous by Bitcoin. But banks don’t want decentralisation or anonymity or open access. ...
