Search Results for: First Data
Oil slightly lower after Brussels attacks; US stockpile weighs
March 23rd, 2016
Oil prices have held up better after the Brussels attacks than many had expected but market watchers are keeping their eyes peeled for any sharp moves that may follow. U.S. WTI light sweet crude oil price are down 0.8 percent at $41.10 ...
Deloitte forecasts double digit growth
March 22nd, 2016
Deloitte’s new chief executive Cindy Hook is forecasting double digit revenue growth for the 12 months to May 31, as she repositions the professional services giant to be more globally oriented to capture emerging markets, and meet the demands of domestic clients expanding offshore. Reflecting on her ...
Saudis to take control of largest U.S. refinery
March 22nd, 2016
The crown jewel among America’s oil refiners may soon be owned by Saudi Arabia. Saudi Aramco, the state oil company of OPEC’s most powerful player, recently announced plans to take full control of the sprawling Port Arthur, Texas refinery. ...
Apple Unveils Smaller-Screened iPhone SE to Jump-Start Sales
March 22nd, 2016
Cook on FBI fight: `We will not shrink from responsibility’ Newest phone, aimed at emerging markets, will arrive March 31 Apple Inc. unveiled a new, smaller iPhone that will start at $399, seeking to jump-start sales of its flagship product ...
Asia mixed in quiet trading session, with Nikkei up 1.9%
March 22nd, 2016
Asia markets were mixed in a quiet session on Tuesday, with a weaker yen buoying Japanese stocks while Chinese stocks gave up some of their Monday gains. Japan’s Nikkei 225, which reopened after a public holiday Monday, closed up 323.74 ...
Euronext looks to snap up assets from any Deutsche Boerse-LSE fallout
March 21st, 2016
European stock exchange operator Euronext NV (ENX.PA) is considering acquisitions to help it stay competitive after Deutsche Boerse AG (DB1Gn.DE) and London Stock Exchange Group Plc (LSE.L) agreed to merge in a $30 billion deal, according to people familiar ...
Chinese Brokerages Rally on Revived Support for Margin Trading
March 21st, 2016
State finance agency to resume offering shorter-dated loans Everbright Securities among firms that jumped by daily limit Chinese brokerages rallied after policy makers loosened controls on margin lending, which helped fuel last year’s stock-market boom. Everbright Securities Co. was ...
Asia markets mostly up as oil climbs; Nikkei down 1.3%, Shanghai up 1.7%
March 18th, 2016
Asian markets traded mostly higher Friday, after U.S. indexes ended higher and oil prices hit their highest levels for this year. But a stronger yen continued to weigh on Japan’s shares. “The drivers of big swings in the markets ...
UBS Securities automates risk and surveillance with Eventus
March 17th, 2016
Eventus Systems, a US-based provider of data processing and analysis solutions, has signed UBS Securities for its flagship Validus risk and surveillance platform. Mark Holder, global co-head of electronic trading at UBS, says Eventus and Validus offered “impressive capabilities ...
Saudi Arabia Said to Join Mid-April Oil Producer Meeting in Doha
March 17th, 2016
Crude prices have risen more than 30% since freeze proposed Qatar meeting would seek more commitments to cap production Saudi Arabia will join a meeting of producers from within and outside OPEC in Doha next month, adding weight to ...
