International Finance

Tag : general

Banking

GM expects earnings growth again in 2017

US auto major increases stock repurchase program January 12, 2017: General Motors Co. (NYSE: GM) said it expects its 2017 earnings per share (EPS) diluted-adjusted to increase to $6.00-$6.50, up from its 2016 calendar-year outlook of $5.50-$6.00. In 2017, the company also expects to maintain or improve EBIT-adjusted and EBIT-adjusted margin on higher revenues, compared to 2016, and...
Banking

Verifone ropes in leading Danish retailers

Dagrofa and REMA 1000 will offer consumers more cashless pay options at checkout November 30, 2016: Verifone (NYSE: PAY), a global provider of payments and commerce solutions, announced that Denmark’s third largest retail company Dagrofa and the country’s fastest growing discount chain REMA 1000 have selected Verifone to enable more options for the way consumers shop...
Wealth Management

Japan scores low in financial literacy

Aversion to risk poses challenge to reversing the prolonged deflation in the economy Suparna Goswami Bhattacharya November 22, 2016: Despite being among the most industrialised and developed nations in the world, Japan surprisingly scores very low on financial literacy. According to a survey by the Central Council of Financial Services Information, Japanese are averse to...
Economy

Global business community comes to Paris for climate talks

Come up with solutions for taking on the climate challenge across the board December 8, 2015: Nearly 400 business leaders gather at the Lima-Paris Action Agenda Focus on Business in Paris on Tuesday, calling for a strong Paris climate change agreement to help them implement the unprecedented set of cross-cutting corporate actions on climate which...
Fintech

‘Turkish people love trading and they want to take risks’

Okan Boke, the General Coordinator of ATIG, tells IFM why the company sees big potential in the forex business IFM Correspondent July 29, 2015: ATIG Investment and Securities provides professional services, such as Forex and CFD Trading, Equity Trading, Futures and Options Trading, Portfolio Management and Corporate Finance. The forex business has been growing in...
Business Leaders

‘Insurance companies should practice self-regulation’

Excerpts from an interesting interaction with Nihal Senaratne, chairman of Sri Lanka-based Senaratne Insurance Brokers (Pvt) Ltd. Jaya Smitha Menon February 17,2015: With 61 years of experience, Nihal Senaratne is a doyen of the insurance industry in Sri Lanka. His career and the insurance sector in Sri Lanka began almost at the same time; and...
Business Leaders

‘Extractive sector can and should benefit human development’

Speakers at the 2015 Mining Indaba stressed on local content Miriam Mannak February 12, 2105: Natural resources must benefit local communities and human development, not just corporate viability. In order to achieve that, the extractive industry should put a bigger emphasis on local content. That was one of the topics on the agenda at Investing...