Search Results for: EBA
Pound Tumbles, Volatility Jumps After Polls Show Brexit Momentum
June 6th, 2016
ITV poll shows Brexit ahead 45% to 41%; TNS has 43% to 41% One-month volatility at seven-year high before June 23 vote The pound slumped to a three-week low after polls showed more Britons favor exiting the European Union, reviving ...
Gold – a reasonable correction?
June 3rd, 2016
Gold weakened during May by about $100, from a high point of $1300 to a low of $1200. This, for technical analysts, is entirely within the normal correction zone of a third to two-thirds of the previous rise, which ...
Fed likely to avoid rate hike before Britain votes on leaving EU
June 3rd, 2016
The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain’s vote on whether to leave the European Union. The geopolitical risk likely will ...
The Top Companies in the Arab World 2016
June 2nd, 2016
Last year was not an easy one for Arab companies. Political instability and plunging oil prices affected financial performance. Total market value for the 100 Top Companies in the Arab World dropped 15.5% to $689 billion between April 1, ...
Facebook May Be Listening In On Your Phone Conversations
June 2nd, 2016
*Calmly picks up cell phone. Walks over to window. Opens up window. Whispers into phone, “Go f*ck yourself, Zuckerberg.” Chucks phone out of window.* At one point, the concept of living in a “big brother”-esque society was something that only ...
European economy: 19,000 jobs created, 4000 new startups and €480 million raised by Europe’s largest innovation network
June 2nd, 2016
The European BIC Network publicly launches today (2 June) its ‘EU|BIC Impact Report 2016’ confirming another year of positive support for Europe’s businesses. This report compiled from quantitative and qualitative data demonstrates the added value EU|BICs create in the ...
OECD says the global economy is stuck in a low-growth trap
June 1st, 2016
The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young ...
Brexit poll: 57% of lawyers want Britain to REMAIN in the EU
June 1st, 2016
The biggest stay vote came from lawyers in Scotland With the EU referendum less than a month away, a new Brexit poll has suggested that more than half of lawyers want Britain to remain part of the European Union. ...
Arab world could see US$69 billion in online payment transactions per annum by 2020
May 31st, 2016
PAYFORT State of Payments 2016 report confirms Saudi Arabia and UAE as fastest growing markets for online payment transactions, with 23% average growth across the region PAYFORT, the leading online payment service provider in the Arab world, has announced ...
Saudi Arabia Has a Plan B to Try to Stop Iran’s Economic Rise
May 26th, 2016
The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up to the global economy doesn’t go smoothly. Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to ...
