Search Results for: Allen
Asian shares rise as weak China data spurs stimulus bets
May 4th, 2015
Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world’s second-largest economy. Spreadbetters expected the equity ...
Emerging market regulators aim for deeper and more resilient capital markets
April 29th, 2015
Global emerging capital market regulators met in Cairo this week and reinforced their commitment to maintain market resilience while focusing on efforts to accelerate the sustainable growth and development of emerging capital markets. At its three-day Annual Meeting and ...
Big Four to beat law in dumping the billable hour
April 29th, 2015
Pricing experts have predicted that accounting firms will scrap the billable hour before law firms, but neither sector is willing to change. Steve Major (pictured), founder of consultancy Pricing Power, told Lawyers Weekly that accounting firms are moving away from the ...
Marco Baggioli Swaps BNP for ADS
April 29th, 2015
Marco Baggioli, Global Head of FX Prime Brokerage at BNP Paribas, is joining ADS Securities London Limited to take up the role of Chief Operating Officer. He will start work after the 1st July 2015 reporting to ADS London’s Managing Director, James ...
BP first quarter 2015 results
April 28th, 2015
Underlying replacement cost profit 20% down on year earlier, 15% higher than previous quarter Focus on rebalancing BP – resetting capital expenditure, managing cost, delivering divestments BP today reported its results for first quarter of 2015. Underlying replacement cost ...
Greek PM A. Tsipras met with voters in jumbo interview (Video)
April 28th, 2015
Greek Prime Minister A. Tsipras’ interview ran from 11.30 p.m. through to 2.36 a.m. and involved him directly answering voters’ questions Greek Prime Minister Alexis Tsipras appeared confident that an “interim agreement” would be agreed upon with Greece’s partners ...
Fitch Downgrades Japan to ‘A’; Outlook Stable
April 27th, 2015
Fitch Ratings has downgraded Japan’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A+’. The issue ratings on Japan’s senior unsecured foreign and local currency bonds are also downgraded to ‘A’ from ‘A+’. The Outlooks ...
Average tax rate paid by FTSE 100 resumes downward slide, falling to 23.1%
April 27th, 2015
Oil & gas, banks and resources pay highest rates The average effective rate of tax paid as reported by FTSE 100 companies has resumed its downward slide, dropping to just 23.1% of profits last year down from 25.9% the ...
Deutsche Bank reports first quarter 2015 net income of EUR 559 million
April 27th, 2015
Group results Income before income taxes (IBIT) of EUR 1.5 billion, a decrease of 12% from 1Q2014 Core Bank IBIT, which excludes the Non-Core Operations Unit (NCOU), of EUR 1.9 billion, down EUR 360 million from the prior year ...
11 Signs That We Are Entering The Next Phase Of The Global Economic Crisis
April 24th, 2015
Well, the Nasdaq finally did it. It has climbed all the way back to where it was at the peak of the dotcom bubble. Back in March 2000, the Nasdaq set an all-time record high of 5,048.62. On Thursday, ...
