Search Results for: Global share
Oil’s Drop Puts Spotlight on Saudi Arabia
August 25th, 2015
Some OPEC members call for renewed discussions within cartel about restraining production The plunge in global oil prices has eroded an important pillar of Saudi Arabia’s strategy of pumping freely to grab global market share: Demand growth that once ...
China stocks slump again in absence of government support; Hong Kong rebounds
August 25th, 2015
China stocks slumped about 4 percent on Tuesday, touching eight-month lows, as investors dumped shares after a grim “Black Monday” that battered global markets but failed to prompt fresh rescue measures from Beijing. After opening 6.4 percent lower, the ...
Brent Crude Falls Below $45 for First Time Since 2009 on Surplus
August 24th, 2015
Oil in London slid below $45 a barrel for the first time since March 2009 on concerns Chinese demand is slowing just as supplies from the U.S. and Iran threaten to swell a global surplus. Brent futures fell as ...
FTSE 100 at lowest since 2013 as markets panic over China’s downfall on ‘Black Monday’
August 24th, 2015
The FTSE 100 fell below the 6,000 mark for the first time since 2013 as global stock markets have responded to the free fall of shares in Asia on what has been dubbed ‘Black Monday’. After the Shanghai Composite, ...
China’s Stocks Sink Most Since 2007 as State Intervention Fails
August 24th, 2015
China’s stocks plunged the most since 2007 as government support measures failed to allay investor concern that a slowdown in the world’s second-largest economy is deepening. The Shanghai Composite Index tumbled 8.5 percent to 3,209.91 at the close to ...
U.S. banks moved billions in trades beyond CFTC’s reach
August 24th, 2015
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris ...
Former CIA employee and NSA Edward Snowden on Bitcoin
August 21st, 2015
Speaking in an interview during IETF 93 Meeting, former CIA employee and NSA contractor Edward Snowden, spoke among others about Bitcoin. He focused his talk on Bitcoin’s flaws and weakness. Edward Snowden began by briefly speaking about the the ...
The accountancy profession in Colombia: ACCA and EAN University in Bogota signed an agreement
August 21st, 2015
ACCA has issued a press release to inform that, a Memorandum of Understanding has been signed between EAN University in Bogota, Colombia, and ACCA (the Association of Chartered Certified Accountants) to develop the accountancy profession in the South American ...
Derivatives markets see oil prices to stay low for years to come
August 20th, 2015
Oil prices will stay low for years to come, derivatives markets say, keeping a lid on inflation and helping boost global growth. Oil has more than halved in value over the last year, thanks to huge oversupply, and many ...
Law firms head to the banks as lawyers target expansion
August 19th, 2015
Lending tops £7.3bn as firms borrow to fund M&A, overseas offices, and lateral hires Long-term lending to UK law firms has risen by 28 per cent over the last four years to £7.35bn, as firms compete to capture a ...
