Search Results for: Pound
Global law firm Clyde & Co posts 13% revenue growth
July 5th, 2016
Global law firm Clyde & Co grew for the 18th year in succession last year according to pre-audit figures released today. Firmwide revenues at the 45 office law firm grew 13.2 percent to £447.3 million in the year ending ...
Fitch: These are the EU countries most affected by Brexit
July 4th, 2016
Fitch outlines EU countries most hurt by Brexit The Fitch international rating agency has compiled a list of EU countries that will be most affected by Britain’s exit from the European Union. Ireland, the Netherlands, Belgium, Malta, Cyprus and ...
George Osborne has pledged to cut corporation tax to 15% from 20% rate
July 4th, 2016
George Osborne has pledged to cut corporation tax to encourage businesses to continue investing in the UK following the EU referendum vote. In an interview with the Financial Times, the chancellor said he would reduce the rate to below 15% ...
Asian stocks recoup losses, Aussie wobbles on uncertain election
July 4th, 2016
Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner emerged from a weekend election. Activity across much of the region was subdued ahead of the U.S. ...
Here Are 3 Crazy Scenarios In Which Brexit Doesn’t Happen
June 30th, 2016
The Brexit vote raised more questions than it answered. Thursday’s Brexit referendum, in which British voters supported leaving the European Union, sent shockwaves through financial markets all over the world. The pound has plunged. The U.K.’s stock market has ...
Brexit’s Big Loser? Japan
June 30th, 2016
One of the first results of Britain’s voting to leave the European Union was a sharply lower pound. Which means the UK is now winning the currency war. Henceforth its exports will be cheaper around the world, enabling its ...
Oil gains over 3% after two-session Brexit-inspired tumble
June 29th, 2016
Oil futures finished higher for the first time in three sessions on Tuesday, rebounding from a Brexit-fueled selloff that sent crude futures to a seven-week low on concerns of a slowdown in the global economy. The threat of a ...
Before the bell: What you need to know before the US market open
June 28th, 2016
The Brexit rollercoaster is still going full tilt, unbalancing global markets, currencies and politics. Here’s what you need to know before the US open at 2:30pm London time. Major US markets are pointing up ahead of the open, with ...
I’d buy European stocks before US stocks in near term: Siegel
June 28th, 2016
Longtime Wall Street bull Jeremy Siegel said Monday he sees more upside in the next three to five years from European stocks than in U.S. equities. The Wharton School finance professor told CNBC’s “Squawk Box” the continued turmoil in ...
Most Asia markets end higher as region weathers a global rout after Brexit vote
June 28th, 2016
Most Asian markets closed higher on Tuesday, managing to hold up better than global peers amid a rout that wiped out as much as $3 trillion of market capitalization, according to data from S&P Global, in the wake of the ...
