Search Results for: Pound
Top Currency Traders Warn White House Race May Echo Brexit Chaos
May 16th, 2016
Campaign trail rhetoric foreshadows dollar volatility ahead Policies on trade, currency manipulation may weaken greenback Traders wanting to know what November’s U.S. presidential election will mean for the dollar need look no further than the U.K. The pound plunged ...
Nearly 400 LSE-listed companies based in tax havens linked to UK
May 13th, 2016
Research finds 389 firms on London Stock Exchange with market capitalisation of £225bn are registered in offshore territories Almost 400 companies listed on the London Stock Exchange (LSE), with a collective market capitalisation of £225bn, are based in offshore havens connected ...
Sterling slips as Brexit looms large again
May 11th, 2016
Sterling slipped against the euro and dollar on Wednesday, with investors worried that the latest polls still show Britons who want to leave the European Union at a referendum in June neck-and-neck with those who want to stay. The ...
Stocks Rally Amid Commodity Revival as Brazilian Assets Recover
May 11th, 2016
S&P 500 surges most since March amid gains in metals, oil Kiwi advances as central bank zeroes in on housing market U.S. stocks rallied the most in two months, joining a rebound in global equities as the bearish sentiment ...
China Stops Trying To Fool The World; World Is Sorry
May 10th, 2016
Something interesting has happened. China earlier this year responded to falling stock prices by borrowing a trillion dollars and spending it on commodities, boosting the prices of iron ore, oil, copper, etc., and giving the global economy a patina ...
EU’s highest court upholds new restrictive law on cigarettes
May 5th, 2016
The European Union’s highest court on Wednesday upheld a tough EU law that will standardise cigarette packs, ban menthol flavouring and restrict e-cigarette advertising, paving the way for its adoption this month and dealing a blow to Big Tobacco. ...
Financial Services industry losing £165 million in invoice fraud
April 28th, 2016
Businesses in financial services (FS) are losing more than £165 million in invoice fraud every year. According to the new research published today by Tungsten, this amounts to £1,969 per business. Of those affected, one in five believes the ...
City of London Police seized £30 million suspected to have been generated in FX markets and Ponzi schemes
April 26th, 2016
A South Wales man has been arrested by the City of London Police in possession of bankers’ drafts worth £30 million in what is believed to be the biggest ever money seizure made by UK law enforcement. The funds ...
FTSE 100 in the red as mining shares slump
April 25th, 2016
U.K. shares swung lower Monday, with mining shares struggling at the start of the new trading week. The FTSE 100 UKX, -0.66% fell 0.8% to 6,258.28. All sectors declined, led by the basic materials and oil groups. The blue-chips index on Friday dropped ...
Accountant defrauded companies and cost colleagues jobs
April 25th, 2016
Woman on six figure salary cons employers out of 1.8 million A Berkshire woman has been jailed for a catalogue of fraud against her employers in a case described by the judge as ‘about as bad a case as ...
