Search Results for: europe
Goldman: “Greece Will Remain In Euro Even If It Votes No”, And How Markets Will React
July 3rd, 2015
The time to negotiate the Greek referendum this Sunday has come and gone and at this point, one can only sit and wait as the vote results start trickling in on Sunday evening. And, as Goldman’s Huw Pill prudently ...
Citigroup, HSBC Among Banks Named in Brazil Currency Probe
July 3rd, 2015
Citigroup Inc., Morgan Stanley, HSBC Holdings Plc and 12 other banks are being investigated for currency manipulation by Brazil’s antitrust agency after similar probes in the U.S. and Europe led to penalties of more than $10 billion. Cade, as ...
IMF warns of huge financial hole as Greek vote looms
July 3rd, 2015
The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country’s future in Europe. Days after Greece defaulted on ...
EY promotes 753 new partners worldwide
July 2nd, 2015
Ernst & Young (EY) today announced the promotion of 753 of its people to partner, its largest increase since 2008 and a 12% increase over 2014. This year, EY added a record number of women to its ranks of ...
Greece tourism unaffected by financial crisis
July 2nd, 2015
Despite Greece’s extreme financial crisis, the country’s lucrative tourism industry appears to be uninterrupted. And that’s good news for Greeks. Tourism brought in around $32.7 billion in 2014, which made up more than 17% of the country’s GDP. The ...
Greek meltdown has UAE tour operators scrambling for holiday alternatives
July 2nd, 2015
As the Greek debt crisis drags on, scaring away potential visitors, tour operators in the UAE are looking at alternative destinations for the summer. The Mediterranean nation is technically in arrears after having missed its €1.6 billion (Dh6.52bn) payment ...
10 things they’re not telling you about the Greek crisis
July 2nd, 2015
People from different countries, economists, politicians, professors are speaking about the Greek crisis and what is right and what is wrong about it. Everybody express their opinion and everybody seems to be right. Why this is happening and who ...
How Investors Should React to the Greek Crisis
July 2nd, 2015
Step one: Don’t panic. Even from afar, it’s hard for U.S. investors to ignore the Greek economic crisis, which continues to roil global markets. After Greece saw its bailout funds expire Tuesday—and became the first developed country to fail ...
Greece crisis: Eurozone rules out talks until after referendum
July 2nd, 2015
Eurozone finance ministers have ruled out any further talks on a fresh bailout for Greece until the country holds its referendum on Sunday. Greeks will be asked to accept or reject proposals made by creditors last week, with Prime Minister Alexis ...
Asian stocks gain as US data eclipses Greek risk
July 2nd, 2015
Asian stocks were higher on Thursday as strong U.S. payroll data overshadowed worries about Greek debt. KEEPING SCORE: Japan’s Nikkei 225 rose 1.2 percent to 20,564.59 while South Korea’s Kospi added 0.4 percent to 2,106.20. Hong Kong’s Hang Seng ...
