Search Results for: Citi
Company wants to introduce hands-free shopping in virtual reality
October 17th, 2016
Alibaba‘s finance arm is working on a technology that could potentially allow users to shop inside virtual stores without having to take off their virtual reality (VR) goggles to settle payments. On Wednesday, Ant Financial, the company behind Alipay, ...
Asian Stocks, Bonds Decline as Dollar Extends Post-Yellen Gains
October 17th, 2016
Asia ex-Japan stocks decline with U.S. equity index futures Casino shares sink after China detains Crown Resorts workers Asian bonds fell and the dollar strengthened versus most peers after comments by Federal Reserve Chair Janet Yellen clouded the outlook ...
Red alert: Prepare for severe stock market crash, warns HSBC
October 14th, 2016
The technical analysis team at HSBC is warning recent stock market moves look eerily similar to just before 1987’s ‘Black Monday’, which saw the largest one-day market crash in history. On October 19, 1987, the Dow Jones Industrial Average ...
Saudi Arabia, SoftBank aim to be world’s No. 1 tech investor with $100 billion fund
October 14th, 2016
Saudi Arabia and Japan’s SoftBank Group (9984.T) will create a technology investment fund that could grow as large as $100 billion, making it one of the world’s largest private equity investors and a potential kingpin in the industry. The ...
ICAP acquires Abide Financial
October 13th, 2016
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has acquired Abide Financial (Abide), a market-leading global regulatory reporting specialist. Abide will become a subsidiary of ICAP’s ...
ACCA launches innovations to its qualification to shape the future of Global Accountancy
October 12th, 2016
ACCA (the Association of Chartered Certified Accountants) takes a major step forward in shaping the future of accountancy by unveiling major innovations to its Master’s level qualification, tailored to meet the strategic challenges of the 21st century’s disruptive economy. ...
Volkswagen may cut 2,500 jobs per year via early retirements, says labor boss: Handelsblatt
October 12th, 2016
Volkswagen (VOWG_p.DE) may cut up to 2,500 jobs per year over 10 years by moving workers into early retirement, Handelsblatt reported on Wednesday, citing Bernd Osterloh, chief of the carmaker’s influential works council. Top management and labor leaders are ...
Oil prices rise, but doubts grow over Russia’s deal commitment
October 12th, 2016
Crude oil prices returned to the positive zone in early Asian trade Wednesday, but the growth momentum has slowed on heightened uncertainty over Russia’s willingness to cut production even as global oil supplies increased last month. On the New ...
Goldman Sachs to axe 2000 London jobs if passporting rights lost, report says
October 11th, 2016
Goldman Sachs has drawn up plans to transfer as many as 2000 employees out of London to a new banking centre in Europe should the UK lose its passporting rights, the Independent newspaper reported. The passporting rights allow UK-based ...
CISE goes international by opening up membership
October 10th, 2016
The membership rules previously restricted sponsors to being entities established in the Channel Islands. Now they have been updated to allow sponsors to be based in any jurisdiction deemed acceptable to the Exchange. The change is effective from 10 ...
