Search Results for: LSE
Asian shares near 2016 highs as risk appetite improves
July 13th, 2016
Asian shares came within reach of their 2016 highs on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major markets whet investors’ risk appetite damaged by uncertainty from Brexit. Spread betters expected European shares to ...
London Stock Exchange launches online private placement platform
July 12th, 2016
ELITE Club Deal will offer over 400 ELITE companies the opportunity to connect to institutional investors, private equity, VCs and other professional investors ELITE Club Deal enhances the range of business support services offered to ELITE companies from financial ...
Risk On/Risk Off: What Schizophrenic Markets Are Telling Us
July 11th, 2016
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw ...
Oil near two-month low on economic woes; drillers adjust to lower prices
July 11th, 2016
Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia. Brent crude was trading at $46.38 per barrel at 0653 GMT (02:53 a.m. EDT), down ...
Playtech announced the appointment of an independent Non-Executive Director
July 11th, 2016
Playtech (LSE: PTEC) announced the appointment of Claire Milne as an independent Non-Executive Director with immediate effect. Claire will join Playtech’s Remuneration Committee, Risk & Compliance Committee, Audit Committee, and Nominations Committee. Claire joins the Board as a recognised ...
10 questions about Brexit’s impact on the auto industry
July 7th, 2016
The shock waves from the U.K.’s historic vote to leave the EU are about to hit the global auto industry. Analysts predict that falling sales and rising costs are the most likely outcomes for automakers as Europe’s second-largest car ...
VW Will Spend $14.7 Billion to Settle emissions scandal;the largest settlement ever paid by an automaker
July 7th, 2016
Volkswagen will spend $10 billion on affected car buybacks, $4.7 billion to “mitigate pollution” in the TDI emissions settlement. The estimated cost of Volkswagen’s U.S. diesel emissions cheating just rose by half—to nearly $15 billion, the largest settlement ever paid by ...
Investment adviser to plead guilty to running a $21 million Ponzi scheme
July 7th, 2016
A Rhode Island investment adviser has agreed to plead guilty to criminal charges for orchestrating a $21 million Ponzi scheme, according to a statement from the U.S. Attorney’s Office. Aside from that scheme, Patrick E. Churchville, 47, also used ...
Elliott Wave Analysis: GBPUSD Searching For A Bottom; 1.2650 Zone Could Offer A New Turnaround
July 7th, 2016
GBPUSD fell sharply lower two weeks back after vote counts for EU membership showed that UK wants to leave the Euro zone. Pair fell to a new low which was technically expected as you know since we counted bounce ...
Can You Imagine The Fed Raising Interest Rates In This World? Europe In Chaos Edition
July 7th, 2016
Two short months ago it was generally expected that US interest rates would rise for the balance of the year — a move made possible by steady economic growth and general global stability. Here’s a representative piece ...
