Search Results for: Africa
Saudi economy is resilient, says World Bank expert
February 8th, 2016
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region said in an interview with Tass. “The fact is that ...
Bitcoin: A 21st Century Currency Explained By a Wall Street Veteran
February 8th, 2016
Jason Leibowitz is a former Wall Street professional who pivoted careers in 2014 to focus full-time on digital currency. In this paper, Leibowitz answers questions about how bitcoin was created, how it works and why it matters. It has been ...
Commonwealth report calls for clearer legislation for virtual currencies
February 5th, 2016
Virtual currencies offer countries a cost-effective, fast and accessible alternative to settling financial payments, but unclear laws and regulations are preventing their responsible development and encouraging their exploitation by criminals, says a new Commonwealth report. Virtual currencies, which allow ...
Baker Tilly International Reports Revenue Growth
February 5th, 2016
Baker Tilly International reported its financial performance for the 12-months ending June 2015 with global combined revenues rising 7% to US$3.8bn. Commenting on the release of the figures, CEO and president Geoff Barnes said: “This represents our strongest revenue ...
Vodafone released Quarter Revenue results
February 4th, 2016
Vodafone has issued a press release to publish trading update for the quarter ended 31 December 2015 Highlights Group organic service revenue up 1.4%* (Q2: 1.2%*); sixth consecutive quarter of improvement Continued recovery in Europe (-0.6%*); sustained momentum in ...
Lower oil prices hit UAE and Saudi Arabia economies, latest PMI survey shows
February 4th, 2016
The economies of the UAE and Saudi Arabia slowed further last month, according to monthly trackers of business activity published yesterday, as falling oil prices and a stumbling global economy hit the region. The UAE purchasing managers’ index, which ...
EU Commission presents Action Plan to strengthen the fight against terrorist financing
February 3rd, 2016
The European Commission is presenting an Action Plan to strengthen the fight against the financing of terrorism. The recent terrorist attacks in the European Union and beyond demonstrate the need for a strong coordinated European response to combatting terrorism. ...
KPMG International Announces New Global Head of Tax
February 3rd, 2016
KPMG International Announces New Global Head of Tax, Jane McCormick. KPMG International named UK-based Jane McCormick as new Global Head of Tax. Jane will assume the role from Greg Wiebe, who led KPMG’s Global Tax Practice for the last ...
Barclays Among Bidders For TD Direct Broker
February 1st, 2016
Barclays has emerged as a surprise potential buyer of TD Direct Investing as its Canadian owner explores a sale, Sky News learns. Barclays has tabled an offer to buy TD Direct Investing, one of the UK’s biggest retail stockbroking ...
CC tops global project finance rankings
January 26th, 2016
Clifford Chance has overtaken Chadbourne & Parke to lead the global project finance rankings in 2015. Research by market activity tracker IJGlobal shows the Magic Circle firm worked on 72 transactions in 2015 worth a total of $42bn. White ...
