Search Results for: economy
Statement by the European Commission, ECB and IMF on the Fifth Review Mission to Cyprus
July 25th, 2014
Staff teams from the European Commission (EC), European Central Bank (ECB), and the International Monetary Fund (IMF) visited Nicosia during July14-25, 2014 for the fifth review of Cyprus’s economic program, which is supported by financial assistance from the European ...
Consumers replace cash with credit cards
July 25th, 2014
Visa reports 5% increase in third quarter revenue to $3.16 billion over the prior -year period. Company’s Net income came in at $1.4 billion that resulted in a per-share profit of $2.17, $0.07 higher the analyst consensus. Visa CEO ...
IMF Cuts Global Forecast for 2014
July 25th, 2014
The International Monetary Fund lowered its outlook for global growth this year as expansions weaken from China to the U.S. and military conflicts raise the risk of a surge in oil prices. The world economy will advance 3.4 percent ...
Spanish jobless rate below 25% for the first time in two years
July 24th, 2014
The unemployment rate in Spain has fallen below 25% for the first time in two years, thanks to the beginning of a revival in the economy. An extra 402,000 people started work in the second quarter of the year, ...
Eurozone Growth Rebounds in July
July 24th, 2014
The eurozone economy continues its slow recovery, but worries about the Ukraine crisis have begun to cloud the outlook, according to the results of a private-sector survey released on Thursday. After slowing in June, eurozone economic growth rebounded in ...
China Shares Roll after PMI Data
July 24th, 2014
Chinese stocks rose, sending the benchmark index to a three-month high, as a jump in the nation’s manufacturing gauge spurred optimism the government will meet its economic-growth target for this year. Industrial Bank Co. (601166) and Poly Real Estate ...
U.S. Stocks Rise as Apple Rallies With Health-Care Shares
July 23rd, 2014
U.S. stocks roes, with the Standard & Poor’s 500 Index at an all-time high, as Apple Inc. results boosted technology companies and health-care shares rallied amid earnings. Apple surged to the highest since 2012 after signaling the long wait ...
Stock futures tick up on earnings, world conflicts eyed
July 23rd, 2014
U.S. stock index futures edged up on Wednesday, boosted by bullish earnings from companies like Microsoft and Boeing, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence. Microsoft (MSFT.O) shares rose 2.4 percent in premarket trading ...
IronFX announces new landmark global office in South Africa
July 23rd, 2014
IronFX Global has announced the opening of a new landmark global office in the Republic of South Africa, which is fully licensed by the Financial Services Board (FSB) as a Financial Services Provider (FSP). IronFX Global (South Africa) Pty ...
Research: Trends & Conclusions
July 23rd, 2014
The insolvency and restructuring business remains slow-moving thanks to the improving economy and low interest rates. Lawyers note increased competition and a fight for the limited work available. But this period may soon be at an end as the ...
