Search Results for: Allen
Brexit post-mortem
July 29th, 2016
It is a month after Britain’s surprise vote to leave the EU. A new Conservative Prime Minister and Chancellor are in place, both David Cameron and George Osborne having fallen on their swords. The third man in the losing ...
Deutsche Bank reports Q2 2016 pre-tax profit down 67%
July 28th, 2016
Deutsche Bank reports second quarter 2016 pre-tax profit of 408 million euros and net income of 20 million euros Key developments – 20% lower revenues year-on-year reflecting challenging environment and strategic decisions Revenues, excluding NCOU and Hua Xia Bank, ...
The potential economic impact of Brexit for London, the UK and Europe
July 28th, 2016
PwC’s real GDP growth projections for the UK revised down Potential loss of passporting a challenge for London Ireland and Cyprus are the most exposed EU countries from a trade perspective UK: Following the vote to leave the EU, ...
Oil scrambles off April lows but oversupply still weighs
July 28th, 2016
Oil prices steadied just above three-month lows on Thursday as producers continued to pump more than needed, filling inventories, and economic growth prospects darkened. Brent crude oil LCOc1 was down 10 cents at $43.37 by 0750 GMT (03:50 a.m. ...
ACCA reports increase in reach and influence as membership grows
July 28th, 2016
Leading professional body strengthens global reach and influence through innovation and new partnerships • Membership and student growth tops 5% worldwide as a result of strong membership admissions • Reflects the growing prominence of the industry within economies and ...
Regulator warns that fake law firms number is on the rise
July 28th, 2016
The Solicitors Regulation Authority (SRA) has issued an announcement to advise law firms and the public to be vigilant, with reports of bogus firms doubling since 2012. In SRA’s annual Risk Outlook report launched today (25 July), SRA caution that bogus firms ...
Is Recession-Risk Monitoring Useful For Investing?
July 27th, 2016
There’s a myth going around that tracking the business cycle is a waste of time for investors. On the surface, the reasoning sounds logical. By the time it’s clear that the US has slipped into a recession, it’s too ...
Nintendo shares dive; Who really made Pokémon Go?
July 25th, 2016
After a meteoric rise following the launch of Pokémon Go, Nintendo’s share price has fallen abruptly. The reason? It seems investors have finally heard Nintendo doesn’t actually own the mobile phenomenon. A Nintendo financial briefing on Friday broke the ...
International tourism on the rise; What is the increase by region
July 21st, 2016
2016 started on a strong note for international tourism. International tourist arrivals grew by 5% between January and April 2016 according to the latest UNWTO World Tourism Barometer. Results were robust across almost all subregions and many destinations reported ...
The rising trend of cashless payments
July 21st, 2016
Contactless payments are rapidly gaining ground across the globe. Driven by customer convenience and efficiency, this innovative payment method has opened up new dimension for daily transactions undertaken by consumers. Mobile wallets, online payment providers, near field communication (NFC) ...