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Chinese economy concerns wipe $40bn off value of Apple

July 23rd, 2015 (0)
Fall in share price of world’s biggest company mirrored by slide in stocks in mining and commodity firms to their lowest level since market crash of 2008 Growing concerns about the health of the Chinese economy helped wipe $40bn off the ...

Interactive Brokers reports $0.44 Earnings Per Share on comprehensive basis compared to $0.29 for the same period in 2014

July 22nd, 2015 (0)
Interactive Brokers Group has issued an announcement to inform for 2Q2015 Results The company reports: Comprehensive Earnings per Share of $0.44 Income Before Taxes of $240 Million on $387 Million in Net Revenues Earnings Per Share on Net Income ...

KPMG buys High-Point Rendel

July 21st, 2015 (0)
Accounting giant KPMG has bought consultant High-Point Rendel Ltd. High-Point Rendel specialises in large scale global infrastructure projects mainly in the energy, transportation, and oil and gas sectors. Thirty-five staff from High-Point Rendel will now join KPMG’s Major Projects ...

A&O and Freshfields win big on 888’s £900m purchase of Bwin after bidding battle

July 20th, 2015 (0)
Magic Circle duo Allen & Overy (A&O) and Freshfields Bruckhaus Deringer acted as the bidding battle for online gambling company Bwin.Party Digital Entertainment came to an end today (17 July) with 888 beating GVC to acquire the FTSE 250-listed ...

TradingScreen Deploys TradeCross – A Crossing Platform Developed with the Buy Side

July 16th, 2015 (0)
TradingScreen, the leading independent provider of electronic trading solutions, and a group of 15 of the largest long-only asset managers in Europe have launched TradeCross, the first buy side-designed crossing platform for fixed income corporate bonds. With the support ...

Brazil Regulator Names 30 Traders in Probe of Currency Rigging

July 14th, 2015 (0)
Brazil’s antitrust regulator named 30 people it’s investigating as part of a civil probe into anticompetitive practices in the currency market. If found to have violated the law, the individuals each may face penalties of as much as 2 ...

Asian shares mostly higher on Greece deal

July 14th, 2015 (0)
Asian shares were mostly higher after a breakthrough deal in Greece for a bailout package from creditors provided some resolution in the debt crisis. Eurozone leaders came out from talks on Monday in Brussels with a deal to keep ...

Oil prices tumble as Iran deal nears

July 13th, 2015 (0)
Oil prices dropped Monday as Iran and global powers appeared close to a historic deal that would loosen sanctions in exchange for curbs on Tehran’s nuclear program. Sanctions have long reined in Iran’s oil production and exports, and the ...

IEA releases Oil Market Report for July

July 10th, 2015 (0)
Global oil demand growth slowing even as OPEC output at three-year high; OECD industry inventories surge to record Global oil demand growth is forecast to slow to 1.2 million barrels per day (mb/d) in 2016, from an average 1.4 ...

The Neo-Marxist Threat to National Economies

July 10th, 2015 (0)
The theatricals and melodrama of the current Greek crisis mask a far more serious issue than mere political entertainment. The self-created sequence of threats to Greece i.e. sovereign debt default, bankruptcy, Eurozone exit and relegation to the status of ...
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