Search Results for: India
Sugar tax surprise in Budget – but growth forecasts cut
March 17th, 2016
George Osborne has unveiled a tax on sugary drinks in a wide ranging Budget dominated by gloomier growth forecasts. The chancellor blamed the slowdown on a “dangerous cocktail” of global risks and said the UK had to “act now ...
RBS to cut almost 450 investment banking jobs in UK
March 16th, 2016
Bank announces layoffs, adding that two-thirds of lost roles will move offshore to its operation in India Royal Bank of Scotland is cutting 448 investment banking jobs in the UK, moving two-thirds of them to India. The bank, 73% of ...
Fintech funding hits all-time high in 2015, despite pullback in Q4: KPMG and CB Insights
March 11th, 2016
KPMG and CB Insights release their inaugural quarterly fintech venture capital (VC) report, highlighting a record year for venture-backed fintech startups in 2015, but waning investor appetite to close out the year. While 2015 marked a banner year for ...
DGCX boosts global connectivity with Stellar Trading Systems
March 10th, 2016
The Dubai Gold & Commodities Exchange (DGCX) today announced that Stellar Trading Systems, a multi-asset trading software and services specialist, has become an approved Independent Software Vendor (ISV) on the Exchange. Stellar Trading Systems has hosted its infrastructure at ...
Which city is the most expensive in the world?
March 10th, 2016
Singapore ‘still world’s most expensive city’ Singapore has again been judged as the world’s most expensive city but costs across the world have been highly volatile, according to researchers. The Economist Intelligence Unit (EIU) ranked Singapore as the ...
Standard Chartered goes global with ‘bank on an iPad’
March 8th, 2016
Standard Chartered is to equip staff worldwide with an iPad-based sales and service tool that “brings the bank” to the client. Retail Workbench, initially launched in Korea in 2014, enables sales staff to open an account for a client ...
Asia markets lower, ASX down 0.7%, Shanghai down 1.7%
March 8th, 2016
Markets in Asia lost ground Tuesday, stepping back from their recent rally as traders digested the weak China trade data. Angus Nicholson, a market analyst at IG, told CNBC a lot of the recent rally in stocks has been ...
Iran Oil Lands in Europe for First Time Since Sanctions End
March 7th, 2016
Spanish refiner Cepsa offloads first tanker with Iranian crude France and Romania await cargoes as Iran slowly ramps-up sales The Monte Toledo oil tanker covered the uneventful voyage from Iran to Europe with a haul of 1 million barrels ...
Businesses struggled from Asia to Europe in February
March 3rd, 2016
Global business growth slowed last month as services from Asia to Europe reported waning demand and little or no inflationary pressure, suggesting more central bank stimulus may be needed, surveys showed. Euro zone businesses had their worst month in ...
EU and Brazil to work together on 5G mobile technology
February 25th, 2016
The EU and Brazil today signed an agreement to develop 5G, the next generation of communication networks. The Commission also started work on an action plan to deploy the technology in the EU by 2020. In the future, everybody ...
