Search Results for: NEX Group
Asian Stocks Advance as Oil Holds Near $40; Aussie, Kiwi Climb
April 19th, 2016
Korean won climbs to five-month high as gold declines Japan’s Topix jumps by most in a month as yen weakens Asian equities jumped by the most in a month as crude oil stayed within sight of $40 a barrel, ...
Oil Plunges After Output Talks Fail Amid Saudi Demands Over Iran
April 18th, 2016
No Doha deal as Saudi insists all OPEC members must join Russia says it was surprised by some nations changing position Oil tumbled by the most in two months after output talks Sunday between the world’s biggest producers ended without any ...
Tame U.S. inflation supports Fed’s cautious rate policy
April 15th, 2016
U.S. consumer prices barely rose in March and underlying inflation slowed, suggesting little urgency for a cautious Federal Reserve to raise interest rates in the near term. The benign inflation backdrop is prevailing despite tightening labor market conditions, underscored ...
Oil crisis? Here is how Saudi Arabia plans to shake up its economy
April 14th, 2016
In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia’s economy could survive an era of cheap oil. In late February, several hundred Saudi officials, company ...
International law firm in merger talks with Pepper Hamilton
April 13th, 2016
The global law firm Reed Smith is in talks to combine with the smaller Pepper Hamilton of Philadelphia, the firms confirmed on Monday night. “Based on these preliminary discussions, we see many potential benefits to joining forces,” said a Reed ...
World’s Top Traders Say the Worst Is Over for Oil
April 13th, 2016
CEOs from Gunvor, Mercuria and Trafigura predict higher prices Oil traders expect “tougher” 2016 after boom times last year Top executives at the world’s largest oil-trading houses said the worst of the market’s woes are probably over, with some ...
Airbnb just acquired a team of bitcoin and blockchain experts
April 13th, 2016
Home-rental company Airbnb has “acqui-hired” the majority of the team behind ChangeCoin, a startup that runs a bitcoin-based micropayments service, according to four people with knowledge of the deal. The alternative lodging site has been looking at a few ...
How Saudi Arabia will boost tourism
April 11th, 2016
Saudi Arabia looks to mid-market to boost tourism The hospitality industry in Saudi Arabia is witnessing a shift towards the development of mid-range hotels in 2016, according to a new report. Six out of the top ten brands with ...
EU Nations Split Over Tax Rules on Controlled Foreign Companies
April 11th, 2016
Tax debate weighs on push to pass anti-fraud package by June Panama leaks give extra incentive to EU corporate-tax campaign European Union proposals to crack down on corporate-tax avoidance are getting stuck in a fight over how to curb ...
Commission launches discussion on future framework for stronger and smarter information systems for border management and internal security
April 7th, 2016
Commission launches discussion on future framework for stronger and smarter information systems for border management and internal security The European Commission has adopted today a Communication on Stronger and Smarter Information Systems for Borders and Security, setting out options ...