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Policymakers warned of persistent risks as accountancy bodies publish five-year “healthy check” of the global economic recovery

July 21st, 2014 (0)
Threats to long term economic stability remain as countries recover from the global economic crisis, according to a five year review of finance professionals’ economic insights. Any recovery may also be limited to just a few “islands of financial ...

Halliburton profit up 20 percent on higher U.S. drilling activity

July 21st, 2014 (0)
Halliburton Co (HAL.N), the world’s No. 2 oilfield services provider, reported a 20 percent rise in quarterly profit as drilling activity increased in the United States and the Gulf of Mexico. The company also increased its share repurchase program ...

Amplats to sell strike-hit South Africa mines

July 21st, 2014 (0)
World number-one platinum producer Anglo American Platinum (AMSJ.J) is to sell a swathe of its most labor-intensive South African mines after a five-month strike shattered its hopes of ever making them profitable. The mines account for over half of ...

Julius Baer expects to settle U.S. tax case in months

July 21st, 2014 (0)
Julius Baer (BAER.VX) expects to strike a deal with U.S. authorities in a matter of months to settle a criminal investigation into the Swiss bank’s role in helping wealthy Americans evade their taxes, its chief executive said on Monday. ...

The Commission de Surveillance du Secteur Financier (CSSF) warns the public

July 21st, 2014 (0)
Today, the Commission de Surveillance du Secteur Financier (CSSF) issued a warning of the activities of the entities named Royal de Bank (website:www.royaldebank.com) and Futurmarket (website:www.futurmarket.com) which claim to be established at 29, rue des Bains, L-1212 Luxembourg. The CSSF informs the ...

Europe Stocks Fall With Russia, Commodites; Rupiah Gains

July 21st, 2014 (0)
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...

European Stocks Decline as Investors Weigh Earnings

July 21st, 2014 (0)
European stocks declined as investors weighed earnings reports and international tensions after the downing of a passenger jet in Ukraine and Israel’s offensive in Gaza. U.S. index futures were little changed, while Asian shares climbed. Aveva Group Plc and ...

China’s Huawei reports 19% jump in sales

July 21st, 2014 (0)
Chinese telecom equipment maker Huawei has reported a 19% jump in sales to 135.8bn yuan ($21.9bn; £12.8bn) for the first six months of the year. It said it expects to make an operating profit margin of 18.3% for the ...

Asia stocks mostly higher, optimistic on U.S. earnings

July 21st, 2014 (0)
Most Asian stock markets edged higher on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. Volumes were ...

EU, Fiji To Implement Interim Pacific EPA

July 21st, 2014 (0)
On July 18, Fiji notified its decision to apply the interim Pacific Region Economic Partnership Agreement (EPA), which provides for duty and quota free access into the European Union (EU) for all products from the countries concerned. Three of ...
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