Search Results for: UBS AG
Markets brace for ‘black swan’ impact of US presidential election
November 1st, 2016
The reopening of the FBI investigation into Hillary Clinton’s emails may result in a surprise outcome of the US presidential election on November 8, which could shock global stock markets worse than any ‘black swan’, Citi analysts warn. “With ...
EU and Canada signed CETA; a trade deal that sets a new standard for global trade
November 1st, 2016
On 30 October, the EU and Canada sign a trade agreement, known as the Comprehensive Economic and Trade Agreement (CETA). This deal will create jobs and growth by boosting trade and strengthening economic relations. CETA’s progressive nature will set ...
Tesco hit with £100m lawsuit over accounting scandal
November 1st, 2016
More than 125 large investment funds have filed a £100 million-plus legal claim against Tesco over the 2014 accounting scandal which saw its profits inflated by £326m. Bentham Europe, the London-based litigation firm fronting the claim, said that institutional ...
Accounting software firm plans to float on the London Stock Exchange
October 31st, 2016
FreeAgent, the Edinburgh-based provider of accounting software, has unveiled plans to float on the London Stock Exchange. Led by chief executive and co-founder Ed Molyneux – a former RAF fighter pilot – the company is hoping to join the ...
GDP in European Union rose by 0.4%
October 31st, 2016
Preliminary flash estimate for the third quarter of 2016 GDP up by 0.3% in the euro area and by 0.4% in the EU28 +1.6% and +1.8% respectively compared with the third quarter of 2015 Seasonally adjusted GDP rose by ...
ASIC permanently bans former financial adviser
October 31st, 2016
ASIC has permanently banned former NSW financial adviser Mr Ashley Grant Howard from providing financial services after an investigation found he had: engaged in dishonest conduct; held out that trading he was conducting was authorised; provided financial services when ...
What Else Can Central Banks Do?
October 28th, 2016
Central banks all over the world took dramatic actions during the Great Recession and its aftermath. For example, the US Federal Reserve took the “federal funds” interest rate down to near-zero in December 2008 and left it there until ...
AMF and the AFG are looking to turn Paris into a leading financial centre
October 28th, 2016
The Autorité des Marchés Financiers (AMF) and the Association Française de la Gestion Financière (the French Asset Management Association – AFG) have produced a report on the outcome of the FROG working group’s and on the implementation of its ...
Fujitsu and Lenovo to Explore Global Strategic PC Cooperation
October 27th, 2016
Fujitsu Limited (“Fujitsu”), Fujitsu Client Computing Limited (“FCCL”) and Lenovo Group Limited (“Lenovo”) announced today that they are exploring a strategic cooperation in the realm of research, development, design and manufacturing of personal computers for the global market. Details ...
This is the darkest hour in global currency market that haunts currency traders
October 27th, 2016
In the global currency market, the darkest hour comes just as dawn is breaking in Asia and traders in Sydney are sipping their first flat white. Between the New York close and the start of trading in Tokyo, foreign-exchange ...
