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China factory activity shrinks in April, new export orders contract

May 5th, 2014 (0)
Activity in China’s manufacturing sector contracted for a fourth consecutive month in April, a private survey showed on Monday, adding to questions about whether the world’s second-largest economy is still losing momentum. The final reading of the HSBC/Markit purchasing ...

From The “Silicon Cape” To The “Silicon Savannah,” African Tech Hubs Are Booming

May 5th, 2014 (0)
New research shows incredible growth in tech hubs around Africa. These support centers for app developers, hackers and entrepreneurs are just part of a massive technological renaissance in the region, where the population has “leapfrogged” into the mobile age. ...

Saxo Bank: Product Update May 2014

May 5th, 2014 (0)
Saxo Bank is proud to offer Stock Options in May 2014 By enabling its direct clients with Stock Options, Saxo increases its multi asset offer. Saxo Bank clients will have access to the top 200 most liquid Stock Options ...

Oil price increases as Ukraine fear outweighs China data

May 5th, 2014 (0)
The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China’s manufacturing. Benchmark U.S. crude for June delivery was up 34 cents to $100.10 a barrel at ...

Court case on streaming TV threatens to cloud our online equality

May 5th, 2014 (0)
American Broadcasting Services v Aereo could potentially be viewed as a human rights issue rather than a copyright dispute It is a very big court case about a tiny object. The American broadcasting industry is ferociously interested in its ...

Barclays, Credit Suisse Battle Banker Exodus, Legal Woes

May 5th, 2014 (0)
Barclays Plc (BARC), Credit Suisse Group AG and UBS AG (UBSN) will face questions this week about key banker departures, legal challenges and their efforts to boost profitability. Barclays last week lost three top bankers in the U.S. and ...

White House seeks legal immunity for firms that hand over customer data

May 2nd, 2014 (0)
Obama administration asks legislators drafting NSA reforms to protect telecoms firms for complying with court orders, Guardian learns The White House has asked legislators crafting competing reforms of the National Security Agency to provide legal immunity for telecommunications firms ...

Tax Is the New Black for Foreign Takeovers

May 2nd, 2014 (0)
U.S. pharmaceuticals company Pfizer has augmented its attempt to buy AstraZeneca, the U.K.’s second-biggest drug maker, with a letter to Prime Minister David Cameron. The missive, as well as reminding us that meddling politicians still view takeovers as being ...

A Case of Piketty Fever at the OECD

May 2nd, 2014 (0)
The French economist Thomas Piketty has become something of a rock star with his recent book on inequality, and now the Organization of Economic Cooperation and Development has embraced his data and ideas in a freshly-issued report. The think ...

AstraZeneca rejects the bid from Pfizer

May 2nd, 2014 (0)
The board of pharmaceutical company AstraZeneca on Friday flatly rejected drug maker Pfizer’s sweetened takeover offer just hours after it was levelled, describing it as inadequate. Pfizer Inc., the maker of Viagra, offered 50 pounds ($84) a share in ...
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