Ford posts Q4 net loss on accounting shift
January 31st, 2017
After posting a fourth-quarter net loss mainly because of accounting changes, Ford Motor Co. finished 2016 with a $10.4 billion pre-tax profit, down slightly from record results in 2015. Fourth-quarter pre-tax profit was $2.1 billion, down $500 million due ...
Global trade update
January 30th, 2017
The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Even before he had become President his anticipated presence in ...
How Gulf stock markets are in early Monday; Saudi Arabia’s index fell
January 30th, 2017
Major Gulf stock markets were weak in early trade on Monday in response to soft global equities and crude oil prices, although Dubai courier firm Aramex soared on a fourth-quarter earnings beat. Saudi Arabia’s index fell 0.1 percent after ...
MoneyGram Agrees to Merge with Ant Financial
January 27th, 2017
MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, and Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of Alipay, a global mobile payment platform, today announced that they ...
Venezuelan authorities arrest 4 bitcoin miners
January 27th, 2017
Venezuelan authorities have arrested four people allegedly involved with a cryptocurrency-mining operation based in a small city about an hour and a half’s drive from Caracas, according to local media reports. Three men and one woman with ages ranging ...
Yen Extends Slump on BOJ Move, Asian Stocks Advance: Market Wrap
January 27th, 2017
Mexican peso slides for second day, gold’s decline contines Greenback still set for monthly drop despite recent gains The yen extended its biggest decline in a week and Japanese bonds rose as the nation’s central bank stepped in to ...
Harvard Business Review: Blockchain Is Foundational, Not Disruptive
January 25th, 2017
True blockchain-led transformation is still many years away, according to an article, “The Truth About Blockchain” in the Harvard Business Review, because it does not deliver a truly “disruptive” business model which can attack an existing model with a lower ...
Oracle DBA
January 24th, 2017
Reference Number: DBA2017 With over 700,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader. With a workforce of more than 300 ...
C++ Developers
January 23rd, 2017
Reference Number: C++2017 XM, a CySEC regulated international investment company, is seeking to recruit high calibre, self-motivated professionals to join its IT team! The key responsibilities of the role include: Developing stand-alone applications and plug-ins for the trading platform ...
LinkedIn reveals UAE’s most powerful profiles
January 23rd, 2017
LinkedIn has released its first ever list of the most powerful profiles in the UAE. Based on the most views, the world’s largest professional network has revealed its UAE 2016 Power Profiles list, which includes 45 profiles of CEOs ...