Search Results for: EY
U.S. Trade Deficit Shrinks
September 5th, 2014
The good news? The overall U.S. trade deficit unexpectedly shrank a bit less than 1 percent in July from June. It was the smallest gap in half a year, and exports broke a record. The bad news? The U.S. ...
No Matter the Outcome, Scottish Vote Will Shake U.K.
September 5th, 2014
Until this week, almost nobody outside Scotland took very seriously the possibility that Europe’s most stable and durable nation, the only big country on earth not to have suffered invasion, revolution or civil war at any time in the ...
Fed’s Powell says alternative to Libor needed
September 5th, 2014
The U.S. Federal Reserve will accelerate its search for a substitute to the Libor benchmark interest rate to stave off what would be “a horrible mess” if the current system collapses with no alternative, Fed Governor Jerome Powell said ...
Inside Bitcoins Conference and Expo Will Feature Over 40 Virtual Currency Experts and 21 Sessions
September 5th, 2014
Inside Bitcoins , the leading international conference and expo exploring the business opportunities and threats posed by the growth of cryptocurrencies, debuts in London, 15-16 September, 2014. Taking place at the Grange St. Pauls Hotel, on the doorstep of ...
Investment in Latin America Falls 10% in First Half
September 5th, 2014
Private equity and venture capital investments in Latin America dropped by 10 percent in the first half of this year compared with figures in the period a year earlier, the Latin American Private Equity and Venture Capital Association said ...
Down again! How low can Apple’s stock go?
September 5th, 2014
Apple (AAPL) shares got hit again Thursday following their colossal drubbing Wednesday. Shares of Apple closed down 81 cents, or 0.8%, to $98.12 in late-day trading Thursday as investors cool off from a remarkable bull run this year. Concerns ...
Martoma’s insider-trading conviction upheld
September 5th, 2014
The insider trading conviction of former SAC Capital portfolio manager Mathew Martoma was upheld Thursday by a federal judge. Dealing a legal setback to the former financial lieutenant for billionaire hedge fund manager Steven Cohen, U.S. District Court Judge ...
Bank of England Resists Change to Interest Rate
September 4th, 2014
To raise or not to raise, that is the question — in Britain, at least. On Thursday, nearly a month after two monetary policy makers at the Bank of England broke ranks from the majority and voted to raise ...
China’s State Media Join Brokerages Saying Buy Equities
September 4th, 2014
China’s state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world’s biggest population to buy more stocks. The official Xinhua News Agency published at least ...
Germany’s €6bn mega-float puts London on notice
September 4th, 2014
Europe’s biggest online fashion player Zalando, a rival to Britain’s Asos, plans to raise more than €500m (£399m) to fund its expansion by listing a stake on the Frankfurt stock exchange. The announcement comes as London’s tech community launches ...
