Search Results for: US economy
Asia shares win reprieve but Greece, China concerns limit gains
July 7th, 2015
Asian stocks won a reprieve on Tuesday after sharp falls the previous day but investors remained on edge amid uncertainty over Greece‘s position in the euro and volatility in mainland Chinese equity markets. Chinese shares dropped almost two percent ...
Third Visa Europe Collab opens in Berlin
July 6th, 2015
With the Visa Europe Collab innovation hubs in London (launch date: 1st May) and Tel Aviv (launch date: 23rd May) up and running, Berlin today becomes the official home of the third Visa Europe Collab. Visa Europe Collab in Berlin shares the mission ...
Greece Votes NO – Let The Chaos Begin…
July 6th, 2015
The result of the referendum in Greece is a great victory for freedom, but it is also threatens to unleash unprecedented economic chaos all across Europe. With almost all of the votes counted, it is being reported that approximately ...
ECB to keep tight funding grip on Greek banks after ‘no’ – sources
July 6th, 2015
The European Central Bank (ECB) is likely to maintain emergency funding for Greek banks at its current restricted level, people familiar with the matter said on Sunday, a move that will see lenders run out of cash soon. There ...
Saudi banks unruffled by Greece-euro crisis
July 6th, 2015
Saudi Arabia‘s banking system remains largely insulated from the ongoing events in the euro zone, with high levels of liquidity and solid capitalization ratios, say top economists in the Kingdom. Their reaction came as early results from the referendum ...
Greece No vote: Oil prices tumble
July 6th, 2015
Oil prices fell sharply early on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps to prevent a full-blown stock market crash. The result of the ...
Greece debt crisis: Greek voters reject bailout offer
July 6th, 2015
Greek voters have decisively rejected the terms of an international bailout. The final result in the referendum, published by the interior ministry, was 61.3% “No”, against 38.7% who voted “Yes”. Greece‘s governing Syriza party had campaigned for a “No”, ...
Goldman: “Greece Will Remain In Euro Even If It Votes No”, And How Markets Will React
July 3rd, 2015
The time to negotiate the Greek referendum this Sunday has come and gone and at this point, one can only sit and wait as the vote results start trickling in on Sunday evening. And, as Goldman’s Huw Pill prudently ...
BP to Settle Federal, State and Local Deepwater Horizon Claims for up to $18.7 Billion
July 3rd, 2015
BP to Settle Federal, State and Local Deepwater Horizon Claims for up to $18.7 Billion With Payments to be Spread Over 18 Years The Disclosure and Transparency Rules (“DTR”) made by the Financial Conduct Authority govern amongst other matters ...
IMF warns of huge financial hole as Greek vote looms
July 3rd, 2015
The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country’s future in Europe. Days after Greece defaulted on ...
