Economy Archives

Paris launches campaign to attract talent from London post-Brexit

International Finance DeskOctober 18, 2016

by International Finance DeskOctober 18, 2016

Advertisement to target London airport, train stations, UK national newspapers October 18, 2016: The organisation representing the business district of La Défense in Paris, has launched a national UK advertising campaign to lure talent from London in the wake of Brexit. Adverts will go live at Heathrow airport, Eurostar stations including St. Pancras International and...

Economy

‘Payment companies should be able to absorb Brexit shock’

International Finance DeskOctober 18, 2016

by International Finance DeskOctober 18, 2016

Craig James, CEO, Neopay, says that until a formal announcement is made, it should be business as usual Suparna Goswami Bhattacharya October 18, 2016: With UK Prime Minister Theresa May confirming that formal Brexit talks will begin end of March 2017, IFM spoke with Craig James, CEO at Neopay, the market leading regulatory specialist in...

Economy

Post-Brexit, small businesses in UK are bullish

International Finance DeskOctober 12, 2016

by International Finance DeskOctober 12, 2016

But the challenge to growth is finding skilled staff October 12, 2016: Nearly three-quarters (73%) of small businesses with over five employees plan to grow dramatically or moderately over the next two years, according to a new report by Albion Ventures, one of the largest independent venture capital investors in the UK. Only 5% think...

Economy

China to be world’s first trillion dollar aviation market

International Finance DeskSeptember 28, 2016

by International Finance DeskSeptember 28, 2016

Airbus and Boeing are best placed to take advantage of this growth Suparna Goswami Bhattacharya September 28, 2016: Slowing economy and tough government regulations notwithstanding, China is all set to become the world’s first trillion dollar aviation market by 2035. According to manufacturers Airbus and Boeing, the Chinese aviation market looks one of the most promising...

Economy

KPMG: Post-Brexit CEOs buzzing with confidence but contingency plans on

International Finance DeskSeptember 27, 2016

by International Finance DeskSeptember 27, 2016

72% of CEOs voted to remain but also agree that loss of trust in big business was a factor in the EU referendum result September 27, 2016 : Despite largely voting to remain in the EU, the Brexit vote hasn’t dampened the short or long term confidence of UK CEOs. It has however raised a...

Economy

US Fed monetary policy: A moving target

International Finance DeskSeptember 26, 2016

by International Finance DeskSeptember 26, 2016

Interest rates unchanged following the September meeting Ken Taubes September 26, 2016: As expected, the Federal Reserve Board left interest rates unchanged following the September meeting of the Federal Open Market Committee (FOMC). In its statement following the meeting, the FOMC said, “The Committee judges that the case for an increase in the federal funds...

Economy

Brexit: So far so good for the UK

International Finance DeskSeptember 26, 2016

by International Finance DeskSeptember 26, 2016

Among other things, it is more price competitive in global markets, thanks to the depreciation of the pound Suparna Goswami Bhattacharya September 26, 2016: Though talks of the adverse after-effects of Brexit have been going on for a while, things have not been as bad for the country as was predicted, at least for now....

Economy

Companies optimistic over next 12 to 18 months

International Finance DeskSeptember 23, 2016

by International Finance DeskSeptember 23, 2016

However, few firms are preparing for the worst, says research by Willis Towers Watson September 23, 2016: Companies are hoping for the best, but preparing for the worst in the coming year. Findings from Willis Towers Watson’s Hong Kong and Macau Severance Practices Surveyindicate that the majority of surveyed companies in Hong Kong and Macau...

Economy

Inflation in Venezuela is expected to touch 700%

International Finance DeskSeptember 23, 2016

by International Finance DeskSeptember 23, 2016

Many citizens can no longer afford to feed themselves leading to protests Marcus Turner Jones September 23, 2016: Venezuela remains in crisis, facing the largest demonstrations that the country has ever seen. The scale of the crisis has caused President Nicolas Maduro to declare a ‘constitutional state of emergency’, with rival pro and anti-government activists...

Economy

Iran trims aircraft deals

International Finance DeskSeptember 21, 2016

by International Finance DeskSeptember 21, 2016

Citing delay by US, reduces Airbus order by six and Boeing by one IFM Correspondent September 21, 2016: Fed up with delay in getting regulatory approvals, Iran has reduced the number of airplanes it plans to buy from Airbus by six and from Boeing by one. The country’s deputy transport minister said Iran finds it...