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Greece tourism unaffected by financial crisis
July 2nd, 2015
Despite Greece’s extreme financial crisis, the country’s lucrative tourism industry appears to be uninterrupted. And that’s good news for Greeks. Tourism brought in around $32.7 billion in 2014, which made up more than 17% of the country’s GDP. The ...
There’s a simple solution to Greece’s problems, but Europe won’t try it
July 2nd, 2015
An interview by Ezra Klein Adam Posen is president of the Peterson Institute for International Economics and, like every international economist right now, he’s glued to the drama in Greece. There is, he says, a simple solution to the ...
10 things they’re not telling you about the Greek crisis
July 2nd, 2015
People from different countries, economists, politicians, professors are speaking about the Greek crisis and what is right and what is wrong about it. Everybody express their opinion and everybody seems to be right. Why this is happening and who ...
Interactive Brokers Group Reports Brokerage Metrics for June 2015
July 2nd, 2015
Interactive Brokers announced Electronic Brokerage Metrics performance for June 2015 that includes Reg.-NMS Execution Statistics Highlights for the month included: 600 thousand Daily Average Revenue Trades (DARTs), 21% higher than prior year and 3% lower than prior month. Ending ...
How Investors Should React to the Greek Crisis
July 2nd, 2015
Step one: Don’t panic. Even from afar, it’s hard for U.S. investors to ignore the Greek economic crisis, which continues to roil global markets. After Greece saw its bailout funds expire Tuesday—and became the first developed country to fail ...
Shares of Credit Bank of Moscow Begin Trading on Moscow Exchange
July 1st, 2015
Trading in shares of Credit Bank of Moscow began today on Moscow Exchange under the ticker CBOM. The initial public offering process ran from 22 June to 30 June. A total of 3,639,683,500 shares were offered through the IPO ...
Amazon to offer loans to sellers in China, 7 other countries
June 30th, 2015
Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. Until now, the e-retailer ...
Plus500: Trading and Remediation Update
June 30th, 2015
Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces the following Trading and Remediation update. Trading As at close of business on 27 June 2015, the last practicable date, the Group had achieved ...
Greece Risk May Pose Black Swan Dangers for Emerging Markets
June 30th, 2015
Here we go again. A flight to haven assets has begun as Greece’s economy faces a tailspin, sparking concern defaults and bank collapses could spill over to other European nations, and impose a global impact. This time, though, Europe ...
Big Law Firms Spending More on Technology, Experts Say
June 29th, 2015
U.S. law firms are devoting more of their budgets to technology, investing in practice and financial management systems, network upgrades and other areas, although the activity has been measured, according to legal experts. About half of the 281 law ...