International Finance

Tag : Europe

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Tata Steel to halt sale of UK assets

Brexit has led to lot of uncertainty IFM Correspondent July 11, 2016: Tata Steel has put on hold its plan to sell its UK assets in the wake of Brexit and the uncertainty surrounding rules and regulations. The company is planning to postpone the sale until clarity emerges in UK regarding new rules. The board...
Finance Wealth Management

Post-Brexit, Middle East property investors eyeing UK

Deterioration in the value of the pound sterling has reduced property prices in London Suparna Goswami Bhattacharya July 6, 2016: Britain’s historic decision to leave the EU has sparked a period of volatility across the world’s financial markets. The pound sank to multi year lows against the dollar. David Cameron’s decision to step down has...
Fintech

PCT announces management buyout

PCT Management secures €12million investment to further accelerate growth July 6, 2016: Payment Card Technologies (PCT) announced a management buyout supported by a €12million investment from a European private equity firm.  The transaction provides the company with significant growth development capital and a strong debt free balance sheet for further expansion both in Europe and...
Business Leaders

ebizmarts appoints MD for UK, Europe

John Fitchett to grow the adoption of ebizmarts’ omnichannel cross-border payment interfaces May 30, 2016: ebizmarts, a leading point of sale (POS) provider for the Magento retail ecosystem, announced the appointment of John Fitchett as managing director of UK and Europe. Fitchett brings a deep understanding of payment gateway infrastructures and technologies to the fast-moving...
Fintech

BrickVest raises £1 million

Platform has already attracted 1,120 international members April 22, 2016: BrickVest, the online pan-European real estate investment platform, announced that it has raised £1 million, closing two oversubscribed investments two months after launch. The platform has already attracted more than 1,120 international members. The BrickVest platform provides investors online access to institutional quality commercial real...
Fintech

Money2020 Europe: Saxo Payments launches industry white paper

63% of payments-related businesses dissatisfied with speed of cross border payments April 5, 2016: Saxo Payments, the global transactions services provider launched a white paper revealing the results of exclusive research into the cross border payments industry. Those surveyed included issuers, acquirers and PSPs as well as merchants, for a rounded view of the market,...
Economy

‘Political agenda is influencing financial markets’

Pioneer Investment’s Head of Global Asset Allocation Research Monica Defend on the economic outlook post Brexit What are, in your view, the implications of Brexit on the global economy? We believe that the Brexit outcome is a global shock, with implications for the global and regional economic outlook that will be channelled mainly through four...
Economy

Will falling oil prices drive global economy into a crisis?

An analysis by the Corporates & Markets division of Commerzbank AG February 8, 2016: If the oil price slumps, the stock prices plunge: Cheaper oil is clearly now regarded as negative, unlike in earlier times. We assess whether the economic correlations have really changed. Our analysis shows that a falling oil price is not always an...
Economy

Dim outlook for Europe in 2016

Challenging political landscape, persistent high unemployment and a weak euro are a few of the challenges Suparna Goswami Bhattacharya February 2, 2016: Europe had been in the news in 2015, not every time for the right reasons though. Grexit, the Volkswagen scandal, migration crisis, Paris attacks were some of the low points which made economists...
Economy

China: Going with the wind

There are economic factors behind Asian giant’s interest in wind energy Suparna Goswami Bhattacharya January 11, 2016: China has begun a new journey. The journey towards a greener future. And it is not surprising given the fact that the country emits 23.42% of global CO2 emissions as per a report by GermanWatch, a non-profit organisation...