Search Results for: Dollar
The Total Amount Of Debt In The World Just Hit A Record $152,000,000,000,000 (152 Trillion)
October 17th, 2016
If anyone ever asks you how much debt there is in the world, now you will know the answer. According to the IMF, the total amount of debt around the globe has now hit a staggering 152 trillion dollars. ...
Research: Almost 70% of lawyers believe they work in the most stressful profession
October 17th, 2016
Nearly 70% of lawyers believe they work in the most stressful profession, according to research. A study — undertaken by virtual outfit, Keystone Law — questioned more than 300 legal professionals (predominantly associates and partners) from top 50 to ...
How not to manage a currency
October 15th, 2016
Make no mistake, sterling’s collapse is a very serious development, and has serious consequences for sterling interest rates. While it is becoming apparent that interest rates are going to have to rise possibly for all currencies on a one-year ...
Deutsche Bank Is Said to Begin Companywide Hiring Freeze
October 14th, 2016
Deutsche Bank has instituted a company wide hiring freeze as the embattled lender looks to speed up efforts to reduce costs and regain the confidence of investors as concerns mount about the progress of its turnaround, according to a person ...
World’s First Publicly-Traded Law Firm Facing Securities Class Action
October 14th, 2016
There’s a cautionary tale playing out in Australia over what can happen when law firms take money from outside investors, something that’s still prohibited here in the U.S. Slater & Gordon became the world’s first publicly-traded law firm back in 2007, ...
Yuan Set for Biggest Weekly Drop Since January as Pressures Rise
October 14th, 2016
Decline in exports supports case for further depreciation: ANZ Chinese currency retreats as dollar climbs on Fed rate bets China’s yuan headed for the biggest weekly decline since January as mainland markets returned from holidays to face intensified depreciation ...
Lloyds Banking Group to introduce new state of the art fraud prevention technology
October 13th, 2016
Lloyds Banking Group is set to become the first organisation in Europe to introduce new state of the art fraud prevention technology, helping protect its 30 million customers from telephone fraudsters.The patented Phoneprinting™ technology, developed by call centre fraud ...
Facebook faces $5bn tax charge over Ireland asset transfer
October 13th, 2016
Social media giant Facebook could have to pay up to $5bn in additional taxes as a result of an Internal Revenue Service (IRS) investigation challenging the way in which it accounted for the transfer of assets to its Irish ...
Asian Stocks Fall on U.S. Rate Outlook, Samsung as Pound Jumps
October 12th, 2016
Sterling snaps drop with Parliament to discuss Brexit plan Oil below $51 amid doubts over Russia’s stance on OPEC deal Asia stocks dropped for a fourth day as investors fretted about the prospect of U.S. interest-rate hikes and Samsung ...
Oil price falls back from one-year highs, hit by OPEC deal concerns
October 11th, 2016
Oil fell back from one-year highs on Tuesday, knocked by concerns that a production cut by the world’s largest exporters might not be enough to erode a two-year old global surplus of unwanted crude oil. Oil prices jumped as ...
