Search Results for: SIX
Toshiba shares rally on prospect of new loans
March 3rd, 2016
Toshiba shares rallied more than 10% on Thursday on reports the firm was about to secure substantial new loans for its restructuring efforts. The company is in talks with several Japanese lenders over money it needs to reorganise its ...
Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession
March 3rd, 2016
Credit Suisse recently warned the eurozone could collapse in the event of a fresh downturn or recession in Europe. Economists at the Swiss bank in a research note titled “Close to the edge” said the recession would unleash a ...
PwC named strongest business to business brand
March 2nd, 2016
PwC has been named the strongest business to business brand by Brand Finance, and one of the world’s ten most powerful brands in their annual index. The Brand Finance index is an annual assessment of the brand value of over 500 ...
Economy puts aside post-mining boom blues
March 2nd, 2016
Australia finally appears to be getting over the end of the mining boom as new figures showed the economy growing at its fastest pace in nearly two years. The latest national accounts showed the economy expanding at a healthy ...
Slater and Gordon plans UK closures after £493m losses
March 1st, 2016
Australia-listed firm Slater and Gordon is planning a major programme of office closures as part of a reorganisation of the UK business after posting a huge loss. In a series of announcements to the Australian stock exchange today, the ...
China’s central bank attempts to boost economy with cash injection
March 1st, 2016
The People’s Bank of China has loosened rules on banks’ cash reserves for the fifth time in a year in the hope cheaper loans will be made available China’s central bank has stepped up action to bolster its cooling ...
G-20 Wants Governments Doing More, and Central Banks Less
February 29th, 2016
Fiscal pledges lack specifics, risking market disappointment Concern voiced over currency wars after BOJ rate surprise Finance chiefs from the world’s top economies committed their governments to doing more to boost global growth amid mounting concerns over the potency ...
A Modi Lecture Berating Tax Breaks For Rich Rattles India Funds
February 26th, 2016
In the run-up to India’s annual budget, a speech last month by Prime Minister Narendra Modi has become the focus of this year’s market chatter, unsettling some investors. Many local mutual funds, who bought record Indian stocks in 2015 ...
Lloyds profits fall on PPI claims
February 25th, 2016
Lloyds Banking Group has reported a 7% fall in annual pre-tax profits to £1.6bn compared with £1.8bn a year earlier. The bank increased provisions for payment protection insurance (PPI) compensation in the year to £4bn. That was after the City ...
Google £130m UK Tax Deal ‘Small’ Say MPs
February 25th, 2016
An influential committee of MPs is the latest to line up and criticise the settlement between the taxman and Google. MPs have declared that Google’s controversial £130m tax deal with the UK “seems disproportionately small”, and called for the ...
