Search Results for: FIS
Crédit Agricole confirms reorganisation plan
January 20th, 2016
After the publication of a media speculation, Credit Agricole Group indicates the following. As a part of its medium term plan, Crédit Agricole Group works on the improvement of its organization, in particular of its capital structure, to enable Crédit ...
Asia markets extend declines; Nikkei down 3.49%, Hang Seng drops 3.68%
January 20th, 2016
Asian stocks tumbled Wednesday, with major indexes declining by more than 1 percent each, as global sentiment remained low on concerns over economic growth, China and low oil prices. “The frailty in the Chinese growth remain the core problem ...
Mazars announces annual growth of 15.9% together with a strategic merger in China
January 19th, 2016
Mazars announces 2014-2015 fiscal year results of €1.252bn. This figure is up 15.9% from last year, driven by 6.0% organic growth, 6.0% external growth – in particular from the merger with Roever Broenner Susat in early 2015 – and ...
IMF:Weak Pickup in Global Growth, with Risks Pivoting to Emerging Markets
January 19th, 2016
Global growth forecast revised down—3.4 percent in 2016 and 3.6 percent in 2017 Emerging market and developing economies facing increased challenges Key risks relate to China slowdown, stronger dollar, geopolitical tensions, renewed global risk aversion The pickup in global ...
China GDP Slows to Weakest Since 2009 on Manufacturing Slide
January 19th, 2016
As growth ticked lower, yuan and stocks volatility marked 2015 Two-speed divergence as old drivers slow, services do better China’s economy slowed in December, capping the weakest quarter of growth since the 2009 global recession, as the Communist leadership ...
The Financial Apocalypse Accelerates As Middle East Stocks Crash To Begin The Week
January 18th, 2016
It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks plunging all across the Middle East. Stocks in Kuwait were ...
Twitter sued by U.S. widow for giving voice to Islamic State
January 15th, 2016
Twitter Inc (TWTR.N) is being sued by the widow of an American killed in Jordan who accuses the social media company of giving a voice to Islamic State, adding to the pressure to crack down on online propaganda linked ...
IMF to remain part of bailout program, Greece told
January 15th, 2016
Remarks by J.Dijsselbloem following the Eurogroup meeting of 14 January 2016 Below is a statement by J.Dijsselbloem: Good afternoon and welcome to this press conference. I will address the issues that we discussed today and then give the floor ...
Oil price plunge: Risks and rewards
January 15th, 2016
Just over four years ago, the United States and Europe sanctioned the sale of Iranian oil in an effort to curb Tehran’s nuclear program. Oil was trading at $110 per barrel, and Obama administration officials fretted about how to ...
Stournaras: Bank of Greece had built defense against plans for parallel currency
January 13th, 2016
The Bank of Greece had taken measures to prevent clandestine plans to introduce a parallel currency to the euro last summer if negotiations with creditors failed, Governor Yannis Stournaras has said. In an interview with Alexis Papachelas on Skai ...
