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FRC updates UK Corporate Governance Code

September 18th, 2014 (0)
FRC has issued an updated version of the UK Corporate Governance Code (the Code). This significantly enhances the quality of information investors receive about the long-term health and strategy of listed companies, and raises the bar for risk management. ...

Alibaba raises IPO as demand strengthens

September 16th, 2014 (0)
Alibaba Group Holdings has raised its initial public offering to $66 to $68, demonstrating the high demand from investors for the year’s most anticipated debut and potentially the world’s largest-ever IPO. Alibaba has attracted investors willing to buy into ...

Gold Around $1230 on Fears of More Hawkish Fed

September 15th, 2014 (0)
Gold edged higher on Monday as Asian equities tumbled but the metal continued to struggle near an eight-month low due to weak physical demand and fears the Federal Reserve may signal an early interest rate increase at this week’s ...

PwC’s revenues increase amid UK economic recovery

September 15th, 2014 (0)
PwC recorded a rise on revenues by five per cent to £2.81bn in the last year, since the professional services firm saw an increase in client confidence across the UK as a further sign of strengthening economic recovery. A ...

Scottish tax: Can meltdown be avoided?

September 12th, 2014 (0)
When Scottish electors cast their votes in the independence referendum on 18 September, a ‘no’ outcome would result in greater devolution of tax powers to Holyrood. By contrast, a ‘yes’ result in support of independence would create the need ...

IMF warns of market fallout from a Scottish split

September 12th, 2014 (0)
The International Monetary Fund has waded into the debate over Scottish independence, saying that a Yes vote in next week’s referendum could lead to market turbulence. “The main immediate effect is likely to be uncertainty over the transition to ...

Argentina’s Congress passes debt restructuring law

September 11th, 2014 (0)
Argentina’s Congress gave final approval on Thursday to a law proposing to restructure the country’s debt to skirt a U.S. court ruling that forced it into its second default in 12 years. The debt restructuring plan aims to enable ...

UK’S FIRST BITCOIN FESTIVAL BLOCKSTOCK STARTS ON FRIDAY 12TH SEPTEMBER

September 10th, 2014 (0)
BlockStock, the UK’s first Bitcoin festival, starts on Friday 12th September, in Shoreditch, to raise awareness of bitcoin as a digital currency. The ten-day festival is a celebration of Bitcoin as well as a series of events, activities, special ...

GSK China consumer healthcare unit linked to DOJ probe in 2012

September 9th, 2014 (0)
A U.S. anti-bribery probe into GlaxoSmithKline Plc (GSK.L) touched on the firm’s Chinese consumer healthcare business in 2012, internal documents show, suggesting the drugmaker’s compliance problems in China could go wider than previously revealed. GSK confirmed it had conducted ...

The Reasons Bankers Weren’t Busted

September 9th, 2014 (0)
“There Were No Convictions of Bankers for Good Reason” is the headline of a post by Mark F. Pomerantz, a lawyer and retired partner at Paul, Weiss, Rifkind, Wharton & Garrison in the New York Times’s Room for Debate ...
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