Search Results for: IG Group
Brent below $60: Prepare for ‘dramatic’ investment cuts
December 16th, 2014
Brent crude prices fell below $60 per barrel for the first time since July 2009 on Tuesday, prompting analysts to warn of a “dramatic” cut in investment – which could hit future supply. Brent for January delivery was trading ...
Central Bank of Ireland Issues Warnings on Unauthorised Investment Firm/Investment Business Firm
December 16th, 2014
The Central Bank of Ireland published the name of an unauthorised investment firm/investment business firm, Vantage Holdings Group Limited (Hong Kong). Vantage Holdings Group Limited (Hong Kong) is not authorised by the Central Bank as investment firm, investment business firm or to provide ...
RBS and Lloyds scrape through BoE stress tests as Co-op fails
December 16th, 2014
Royal Bank of Scotland (RBS) and Lloyds Banking Group scraped through the Bank of England’s stress tests with only Co-op of the eight institutions under scrutiny failing to meet the capital requirements. Although RBS and Lloyds were deemed ‘susceptible ...
U.S. stocks finished lower on Monday
December 16th, 2014
U.S. stocks finished lower on Monday, topping off a wild ride that had the Dow Jones Industrial Average trading in a more than 300-point range on either side of neutral as investors monitored the price of oil. “Everyone keeps ...
An alternative oil investment that hinges on infrastructure needs
December 15th, 2014
The sharp decrease in oil prices over the past six months undoubtedly has pained advisers and investors interested in the energy sector. Oil prices dropped sharply last week, reaching five-year lows. For the first time since July 2009, the ...
Yen Climbs After Election; Aussie Near Low on Iron Prices
December 15th, 2014
Australia’s dollar fell to the lowest since June 2010 and the nation’s bonds rallied as commodities slumped and people were taken hostage in a cafe in Sydney’s financial district. The Aussie weakened against most of its 16 major peers ...
Disney and Skype ‘used Luxembourg tax deals’
December 12th, 2014
Companies including Disney and Skype have allegedly used Luxembourg tax deals, according to fresh leaks published by investigative journalists. The group of firms funnelled hundreds of millions of dollars in profits through Luxembourg subsidiaries, according to leaked documents. Disney ...
Oil Extends Drop Below $60 as Producers Tussle for Market Share
December 12th, 2014
Oil extended losses below $60 a barrel amid speculation that OPEC’s biggest members will defend market share against U.S. shale producers. Brent also slid after closing at the lowest price since July 2009. West Texas Intermediate futures fell as ...
BlackRock Leads $300 Million Financing Round for South Korean Online Retailer
December 10th, 2014
BlackRock Inc. is adding its name to a roster of high-profile investors betting on Asia’s fast-growing technology startups by leading a $300 million financing round for South Korean online retailer Coupang that will value the company at more than ...
Sony CEO Cleared Scenes in Film on North Korea, E-Mails Show
December 10th, 2014
Sony Corp. (SNE) Chief Executive Officer Kazuo Hirai personally approved scenes in “The Interview,” the Seth Rogen film that angered North Korea and may have prompted a cyber attack on the company’s Hollywood film studio, according to e-mails made ...
