Search Results for: NEX Group
P. Moscovici: EU won’t keep Greece in Eurozone “at any price”
March 18th, 2015
The EU financial chief’s views expressed in Die Welt on Wednesday reflect those expressed by German Finance Minister W. Schaeuble last week European Monetary and Economic Affairs Commissioner Pierre Moscovici told German newspaper Die Welt on Wednesdaay that the ...
Investors Waiting for Consumer Profits to Match Share Price Hype
March 18th, 2015
The plunge in oil that drained energy shares was also supposed to boost disposable income for consumers. Companies from automakers to retailers are still waiting to see that trickle down to their bottom lines. That poses a risk ...
Top Global Law Firm: Virtual Currency is Here to Stay
March 17th, 2015
“Virtual currency is here to stay”, according to a partner at one of the largest and most prestigious law firms in the US. Judith Alison Lee, partner in the Washington, DC, office of global law firm Gibson Dunn & Crutcher, was ...
Eversheds global expansion sees Ian Gray appointed as first International Managing Partner
March 17th, 2015
Law firm Eversheds has announced the appointment of Ian Gray as the firm’s first International Managing Partner with executive responsibilities for its fast-growing international operations. Since 2008-09, the firm’s revenue from international offices has grown 41%. At the same ...
Greece Grabs Cash as More Than $2 Billion in Payouts Loom
March 17th, 2015
Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros ($2.12 billion) in debt payments Friday. Unable to access bailout funding and locked out of capital markets, the government will ...
GFG Market Insight – Will Gold Go Below $1,000?
March 13th, 2015
In Brief: Gold’s charts suggest this precious metal may decline below $1,100 per ounce in the near-term. If this proves true and gold’s buyers fail to step up and support gold at those levels, gold appears poised to drop quickly below ...
EU told to apologise to Credit Agricole over market rigging probe
March 13th, 2015
The European Commission has been ordered to apologise to French banking giant Credit Agricole for implying its guilt in the long-running investigation into financial market rigging before the probe had been completed. A report published on Thursday (13 March) ...
Low oil prices and supportive policy to drive recovery in Eurozone
March 12th, 2015
After a year of tentative recovery in 2014, the Eurozone has moved into 2015 aided by two important growth drivers – sharply lower oil prices and QE according to the March 2015 issue of the EY Eurozone Forecast (EEF). ...
China Prepares Mergers for Big State-Owned Enterprises
March 11th, 2015
Plan seeks to make firms more profitable but tightens government’s grip China’s leadership is preparing to radically consolidate the country’s bloated state-owned sector, telling thousands of enterprises they need to rely less on state life support and get ready ...
Greek technical negotiations in Brussels, but the Greek FinMin is in Paris
March 11th, 2015
Greek FinMin Y. Varoufakis unexpectedly heads to Paris, a Greek delegation is in Brussels for technical negotiations, no “Troika” or “three institutions formerly known as Troika” expected in Greece on Wednesday as had been announced Greek negotiations with its ...