Monday, Nov 25, 2024

International Finance

Tag : Capital Markets

FinanceWealth Management

Gold hits 15-month low

International Finance Desk
by International Finance Desk
Strong economic data sends prices down October 6, 2014: With US unemployment rate below 6% for the first time since 2008, gold prices have gone negative for the year and tumbled below $1,200 an ounce. Gold opened 2014 trading at $1,207.80 an ounce and approached the $1,400 mark in March. However, the release of relatively...
Read more
Economy

Rainbow Nation’s energy sector is getting greener

International Finance Desk
by International Finance Desk
Since the 2008 energy crisis, South Africa has been trying to reduce dependency on coal Miriam Mannak October 3, 2014: Africa’s second largest economy is a land of abundance, boasting vast reserves of coal, platinum, and gold. The country’s natural wealth isn’t, however, confined to the depths below the earth’s surface. She is also blessed...
Read more
Fintech

eBay to spin off PayPal

International Finance Desk
by International Finance Desk
Earlier this year, management decided against the separation IFM Correspondent October 1, 2014: PayPal is splitting from eBay and will become a separate and publicly traded company next year. The decision comes almost a year after billionaire investor Carl Icahn opened a proxy fight pushing for the spinoff of PayPal. “The industry landscape is changing,...
Read more
Business Leaders

Islamic State: America’s new nemesis

International Finance Desk
by International Finance Desk
The recent turn of events in the Middle-East has raised several pressing questions such as the reason for the US authorising air strikes in Iraq this August Sharan Lal September 30, 2014: The gruesome beheading of two American journalists and a British aid worker in the months of August 2014 and September 2014 have once...
Read more
Business Leaders

Modi makes a mark at Madison Square Garden

International Finance Desk
by International Finance Desk
Thanks Indian-Americans for their support and unveils his vision for India in an engaging speech IFM Correspondent September 29, 2014: On Sunday, Madison Square Garden was jampacked with Indian-Americans who had turned up to listen to Narendra Modi, Prime Minister of India. Thousands of supporters of Prime Minister Narendra Modi were seen lined up outside...
Read more
Economy

Visa to open tech centre in India

International Finance Desk
by International Finance Desk
The move will create over 2,000 jobs globally IFM Correspondent September, 26, 2014: Visa Inc, the global card payment system provider, will open a new technology centre in India in 2015. This will create over 2,000 full-time technologist positions all over the world.  These include conversion of contractor positions to full time positions within the...
Read more
Business Leaders

Arab aviation summit ends on a high note

International Finance Desk
by International Finance Desk
The event also saw the launch of a programme for young minds IFM Correspondent September 25, 2014: The global demand for aircraft will stand at 27,000 in the next two decades, states a news report in Zawya. And, according to Paul-Franck Bijou, chief executive officer, Airbus ProSky, the Middle East region is the fastest growing...
Read more
Business Leaders

RAK all set for aviation summit

International Finance Desk
by International Finance Desk
Air Arabia, Airbus Group, CFM among those participating IFM Correspondent September 23, 2014: The Arab aviation show is finally here. After three successful aviation summits, the fourth edition of Arab Aviation and Media Summit (AAMS) is back and will be held on September 24, 2014. This edition of AAMS is backed by organizations like Air...
Read more
Economy

Scottish referendum: Businesses breath a sign of relief

International Finance Desk
by International Finance Desk
The surprise was the comfortable margin of victory for those favouring staying in the UK Tim Evershed September 19, 2014: Global markets and British business leaders responded positively to the news that Scotland had voted to stay part of the UK in its referendum on independence. The Better Together campaign triumphed with over 55% of...
Read more
Fintech

Scottish independence: The question of your data

International Finance Desk
by International Finance Desk
If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...
Read more