Wednesday, Nov 20, 2024

International Finance

Tag : Trading and technology

Economy

Differences at Bank of England

International Finance Desk
by International Finance Desk
BoE governor has presided over his first split vote. However, the two members who voted for a rate rise are unlikely to be joined by others for a while yet. August 21, 2014: The minutes of the Bank of England monetary policy meeting on August 6-7 showed that the committee voted 7-2 in favour of keeping Bank...
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Economy

4th Arab Aviation and Media Summit on September 24

International Finance Desk
by International Finance Desk
The event will be held in RAK and this year’s theme is Aviation & Tourism: common vision and purpose August 21, 2014: Air Arabia is organising the 4th edition of Arab Aviation Summit in RAK on September 24. The Arab Aviation and Media Summit is the largest gathering of Arab media, together with top executives from...
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Economy

Mexico to End Oil Monopoly

International Finance Desk
by International Finance Desk
Mexico’s constitution forbids private sector contracts and puts all exploration and production of Oil into the exclusive hands of the state. 14th August 2014 Mexico has broken a 75 year state monopoly on energy which could boost flagging growth and double foreign investment, potentially providing the biggest succour to its economy since the North American...
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Business Leaders

New main sponsor for German football club 1. FC Kaiserslautern

International Finance Desk
by International Finance Desk
The company, paysafecard, is the world’s leading provider in prepaid solutions for online payments August 11, 2014: The German football club 1. FC Kaiserslautern has a new main sponsor in paysafecard.com Wertkarten GmbH. During the season’s first home match on Monday, August 4, 2014, against TSV 1860 München, the ‘Red Devils’ hit the field with...
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Economy

The grim and costly side of South Africa’s strike culture

International Finance Desk
by International Finance Desk
Striking mobs have been part of the South African economic landscape for quite some time. Over the past few years however, industrial action has become more frequent, violent, and costly; and a growing worry among investors, business owners,analysts. Miriam Mannak August 8, 2014: It has been a tumultuous couple of months on the South African...
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Economy

Italy is back in technical recession

International Finance Desk
by International Finance Desk
Istat indicated that domestic demand was growth neutral, whilst net exports were a drag on growth August 6, 2014: Istat just released its flash GDP estimate, signaling that in 2Q14 the Italian economy fell back into technical recession. According to Istat, the Italian GDP contracted 0.2% QoQ (from -0.1% QoQ in 1Q14) and 0.3% YoY....
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Business Leaders

‘Growth in insurance will come from the dynamic demographics of Saudi Arabia’

International Finance Desk
by International Finance Desk
Adrian Flowers, CEO of SABB Takaful, discusses the insurance market in Saudi Arabia with Team IFM. August 5, 2014:SABB Takaful is a leading and trusted Islamic Insurance provider in Saudi Arabia, operating according to the principles of Shariah. All its products are reviewed and approved by its Shariah committee before being made available to customers....
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Fintech

There is no escaping the cyber threat

International Finance Desk
by International Finance Desk
China is notorious for its cyber attacks on companies for commercial gain. But is China the only culprit, which sectors are being targeted and how can companies protect themselves from powerful nation-states? Tim Ring Aug 4, 2014: The fear of economic cyber espionage is now so great that companies rate cyber security as one of...
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Banking

An RO is the first step for banks eyeing China

International Finance Desk
by International Finance Desk
But opening a representative office (RO) may take up to nearly eight months from submission of application Hu Rong & Kai Xue August 4, 2014: The promise of a vast market has prompted foreign banks to establish representative offices (ROs) in China. By the end of 2012, there were 197 representative offices in various cities...
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Economy

India opens its doors a little more

International Finance Desk
by International Finance Desk
Sharan Lal says that the announcements on FDI send out a strong message that the newly elected government would promptly draw up action points where ever required July 30,2014: Earlier this July, Arun Jaitley, the Finance Minister of the recently elected NDA government in India, pleased the Indian markets by his announcement on increase in...
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