Search Results for: Vest Financial
‘Myopic management’ threatens UK’s growth
July 15th, 2014
The UK is suffering from “myopic management” that threatens its global competitiveness, an independent commission has warned. The country will need 1m new managers by 2020, to replace those retiring and allow for business growth, but 71 per cent ...
QFC Authority revises rules to offer tax relief
July 15th, 2014
This move follows amendments to tax rules and regulations, the Authority said Monday in a media statement. The tax updates will help Qatari-owned entities investing in Qatar by allowing them to opt for the zero tax rate on their ...
SANAD issues $10 million loan to AlexBank in Egypt
July 15th, 2014
The SANAD Fund for MSME (SANAD) signed a $10 million senior loan contract with AlexBank. This loan, SANAD’s first in Egypt, will facilitate investment and working capital loans for up to 150 local businesses and enterprises. Wolfgang Reuss, Chairman ...
Asian shares firm, count on Fed’s support
July 15th, 2014
Asian shares rose on Tuesday after Citigroup’s earnings and a fresh round of merger and acquisition activity in the U.S. healthcare industry lifted global share prices. Yet, with elevated stock prices on Wall Street and elsewhere relying substantially on ...
Industrial Production Drops in Eurozone
July 14th, 2014
Industrial production in the eurozone slipped in May, according to data published on Monday, reinforcing concern that a tentative economic recovery is already stalling. Factory output fell 1.1 percent in the 18 countries of the currency bloc compared with ...
FCA warning against clone firms
July 14th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that “Castle Finance Direct” and “www.bridgingloansfinder.co.uk” are clone firms, thus, are not permitted to provide any financial services or products. Furthermore, FCA points out ...
EUR and GBP Are Committed To CFTC Reports
July 14th, 2014
The world has been spoiled by the beautiful game for the past four weeks, and yesterday’s final, although not a classic, the most consistent team was crowned champion. Football was the winner along with sportsmanship. Can the markets now ...
Belgian regulator warns against unauthorised Binary Options firms
July 14th, 2014
The Financial Services and Markets Authority (FSMA) has issued a warning for the public against the activities of various providers of Belgium binary options. A number of companies offer these very risky investment instruments in Belgium without complying with ...
Citigroup Said Poised to End Mortgage Probe With $7 Billion Deal
July 14th, 2014
Citigroup Inc. (C) and U.S. authorities will announce a $7 billion agreement as soon as today to end probes of the bank’s sales of mortgage-backed bonds, according to a person with direct knowledge of the matter. The deal, signed ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...