Search Results for: EC
Gold Flat As Markets Eye US Housing, Employment Data
July 23rd, 2014
Gold is flat on Wednesday, as the spot price stands at $1307.44 per ounce late the European session. There is just one event on today’s schedule, Crude Oil Inventories. Investors are waiting for new economic data, and on Thursday ...
PepsiCo quarterly profit falls 2 percent
July 23rd, 2014
PepsiCo Inc (PEP.N) reported a 2 percent fall in second-quarter profit as carbonated soft drink volumes declined 2 percent in North America. The company’s net income fell to $1.98 billion, or $1.29 per share, in the 12 weeks ended ...
Bank of England unease grows despite keeping rates at 0.5%
July 23rd, 2014
Bank of England policymakers are growing increasingly uneasy at leaving interest rates at a record low of 0.5%, minutes of their latest meeting revealed. The public record of the July meeting of the Bank’s monetary policy committee (MPC) showed ...
New York Fed Censured Deutsche Bank Over Inaccurate, Unreliable Financial Reporting
July 23rd, 2014
The Federal Reserve Bank of New York found several deficiencies in the way German lender Deutsche Bank AG’s (NYSE:DB) U.S. unit was reporting its financial data, which, according to a Wall Street Journal report Tuesday, the company had known ...
Seasonally adjusted government deficit almost stable at 2.7% of GDP in the euro area
July 23rd, 2014
In the first quarter of 2014, the seasonally adjusted general government deficit to GDP ratio stood at 2.7% in the euro area (EA18), nearly stable compared with the fourth quarter of 2013 (2.6%). In the EU28, the deficit to ...
Russian Billionaires Have Lost More Than $14B Since January
July 23rd, 2014
Russia’s wealthiest have lost billions of dollars since the beginning of the year, as Western sanctions against the country over its involvement in Ukraine continue tightening their grip over the weak economy. Russia’s 19 billionaires have lost $14.5 billion ...
More companies everyday begin accepting Bitcoin payments
July 23rd, 2014
More and more companies everyday announce that they will begin accepting Bitcoin payments. Recently, Beepi, a peer-to-peer used auto marketplace based in California, announced that it will begin accepting Bitcoin payments through a partnership with Bitpay. OneStopBrokers
World Congress of Accountants 2014
July 23rd, 2014
A unique opportunity for the Accountancy Profession. An event that will bring together influential CFOs and CEOs to discuss the accounting professional’s role, leverage on past experiences and develop a new vision for the future. The World Congress ...
China’s Debt, At 250% Of GDP And Rising, Flashes Warning Signs
July 23rd, 2014
China’s debt has swelled to more than 2 1/2 times the size of its economy, a sign Beijing will face difficulties as it seeks to expand, triggering to a financial crisis. The world’s second-largest economy in June reached a ...
Watch what markets don’t do as world politics turns nasty
July 23rd, 2014
Like so much in the investment world of late, it’s what financial markets are not doing right now that is most intriguing. Over the course of the past month, conflicts, superpower standoffs and economic sanctions have flared in ...
