Search Results for: Big Four
Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile
May 12th, 2015
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized his Yukos Oil Co. Last year, they forced billionaire Vladimir ...
FOREX: Dollar strengthens as Greek debt crisis weighs on euro
May 12th, 2015
* Pressure remains on kiwi from rate-cut expectations * Sterling holds most post-election gains after BOE stands pat The dollar firmed against major counterparts on Tuesday, as ongoing anxiety over Greece‘s debt crisis helped push the euro toward a one-week ...
Crude-Oil Bulls Threatened as Shale Patch Revives Drilling Plans
May 11th, 2015
The rally in crude oil is reviving the U.S. shale boom, threatening speculators who are the most bullish on prices since July. Money managers increased their net-long position in West Texas Intermediate crude by 3.9 percent in the seven ...
China’s imports plunge in new sign of economic weakness
May 8th, 2015
China‘s imports and exports contracted again in April in a new sign of economic weakness, adding to pressure on Chinese leaders to reverse a politically dangerous slump. Imports fell by a bigger-than-expected 16.2 percent over a year earlier to ...
Banks Expected to Settle FX Probes for Billions
May 7th, 2015
Citigroup Inc., Barclays PLC, J.P. Morgan Chase & Co. and Royal Bank of Scotland Group are expected to plead guilty to rigging foreign-currency exchange rates and pay billions in combined penalties. Four big banks are expected to plead guilty ...
Statistical evidence from Acritas reveals law firm brand growth is linked to revenue growth
May 7th, 2015
Law firms which have grown their brands the fastest over the last four years have seen 45% faster growth in revenue compared to the rest of the field. Over the past four years, Acritas has conducted more than 2,600 ...
Breakdown of US Corporate Profits
May 6th, 2015
Although the US corporate income tax is an almost continual subject of dispute, most people don’t know any details about what kinds of corporations that earn the profits. For example, are the companies earning profits disproportionately large or small? ...
Asian stocks at 2-week lows, bond woes spread, dollar slips
May 6th, 2015
Selloff in government bonds from Germany to Australia China stocks bounce after moderately encouraging PMI data Commodities rally in what might be a return to reflation Dollar softer on trade blow out, Fed’s Yellen speech awaited (.) A selloff in global ...
Saudi Arabia expected to retain popularity in private equity investment
May 5th, 2015
Saudi Arabia will remain a favoured destination for private equity investment in the coming years in spite of volatile oil prices and instability in neighbouring Yemen, investment professionals said yesterday. Lower oil prices in the past year are unlikely ...
Credit Suisse dropped SEC waiver request amid opposition – sources
May 5th, 2015
Credit Suisse (CSGN.VX) has quietly withdrawn a request for a waiver to raise capital more easily, after U.S. Securities and Exchange Commission staffers told the bank in recent weeks it would not win approval, people familiar with the matter told ...