International Finance

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Business Leaders

Architect of Austerity Angela Merkel Re-Elected

International Finance Desk
Chancellor Angela Merkel won a historic election victory on Sunday as her conservatives scored their best result since reunification in 1990. 23rd September 2013 German Chancellor Angela Merkel scored a resounding victory against her rivals in the national elections in Germany and in the process becoming the only major leader to be re-elected twice since...
FinanceWealth Management

Sound Fundamentals Strengthen Kuwait’s Real Estate Market

International Finance Desk
The oil rich country’ real estate sales grew by 72 percent year- on- year in September , as its residential and investment segments recovered following a fall in sales in the previous months. 18th September 2013 Kuwait is classified as a high income economy by the World Bank and designated as a major non-NATO ally...
Economy

Reverse Merger: Backdoor Method of Entering Marketplace

International Finance Desk
Reverse merger also gives additional liquidity to the company as the resources of the two companies are combined together, this process is also known as reverse takeover. 11th September 2013 Earlier in July, Ultra Sun Corporation successfully completed a reverse merger transaction with Wild Earth Naturals Inc., in which Wild Earth became a wholly owned...
Business Leaders

E-commerce Pioneer- Jeff Bezos

Bezos quit a lucrative career in finance with a New York City Hedge Fund where he learned about the rapid growth in internet use. 7th August 2013 He has been rated highly by Warren Buffet, who calls Bezos as the best CEO in the United States for his business acumen and unmatched creativity. Entrepreneur and...
Fintech

Relief For Apple as Obama Government Overturns Ban

Apple had been ordered to stop importing versions of the Chinese made iPhone 4 and iPad 2- 3G designed networks run by AT &T, T-Mobile U.S. Inc, and two regional carriers in Alaska and Texas. 5th August 2013 In a major blow to Samsung, The Whitehouse stepped into a patent war between Samsung Electronics Company...
Islamic Banking

Industry Body Launches Manual for Islamic Credit Unions –

The World Council of Credit Unions has launched a manual discussing how to establish and operate Sharia compliant credit unions in developing countries which could help to broaden the Islamic finance industry’s retail customer base. 4th August 2013 In what could be a major breakthrough for Sharia compliant banking, the industry body has launched a...
Islamic Banking

Industry Body Launches Manual for Islamic Credit Unions

The World Council of Credit Unions has launched a manual discussing how to establish and operate Sharia compliant credit unions in developing countries which could help to broaden the Islamic finance industry’s retail customer base. 4th August 2013 In what could be a major breakthrough for Sharia compliant banking, the industry body has launched a...
Business LeadersUncategorized

Bailout Ben- The Most Powerful Man in the World

An expert in monetary policies and macro economics, he has authored several scholarly books, some focussing on his idea of targeting inflation and bringing it a specific level within a specific period of time. 29th July 2013 The financial world reacts in a depressive way to his statements, investors gamble on large sums of money...