Wednesday, Nov 20, 2024

International Finance

Tag : Trading and technology

Economy

Dollar is world’s default currency

International Finance Desk
by International Finance Desk
Written by Richard Northedge. 28th October 2013 While the US teetered on default, the dollar held steady. Perversely, even while America’s economy and political system showed their weaknesses, its currency remained strong. The truth is that the world has nowhere else to go and already has so much invested in the US that it cannot...
Read more
Economy

Warnings on risks of closed pension and insurance schemes

International Finance Desk
by International Finance Desk
Written by Gary Howes. 28th October 2013 Life & pension providers with legacy portfolios are in danger of overlooking the risks posed by their closed books, which frequently need attention at a level that is disproportionate to their value. The warning comes from Equiniti, one of the leading administrators of closed books in the UK....
Read more
Economy

CIMA + CIPD = Driving financial performance through people

International Finance Desk
by International Finance Desk
Professional bodies join forces to transform how organisations measure value and risk.Written by Roberta Murray. 28th October 2013 The Chartered Institute of Management Accountants (CIMA) and the Chartered Institute of Personnel and Development (CIPD) have announced a major new strategic collaboration to foster closer working links between the finance and HR professions, helping to increase...
Read more
Islamic Banking

Scotland –Opening Opportunities For Islamic Finance

International Finance Desk
by International Finance Desk
The Islamic Finance Council UK (IFC), based in Scotland, estimates that an investment of £ 120m and £ 200m could be invested in Scotland for infrastructure products following a successful Islamic Sukuk bond. 24th October 2013 Scotland is emerging itself as a potential hub for Islamic finance following a major conference held by leading Scottish...
Read more
Fintech

Dubai Sets Up First Solar Plant

International Finance Desk
by International Finance Desk
The Supreme Energy Council is trying to reduce Dubai’s dependence on oil and gas, the gulf state aims to produce one percent of its energy needs using solar power by 2020 and five percent by 2030. 24th October 2013 Dubai inaugurated the first phase of a solar energy park on Tuesday and plans to build...
Read more
Fintech

EU Signs Historic Trade Deal With Canada

International Finance Desk
by International Finance Desk
The deal will make Canada the only G8 country to have preferential access to the world’s two largest markets, the EU and the United States. 24th October 2013 The European Union and Canada agreed on a multibillion – trade pact on Friday that will integrate two of the world’s largest economies and paves the way...
Read more
Fintech

DCIM Solutions: Do You Know Where Your Servers Are?

International Finance Desk
by International Finance Desk
by William Bloomstein, Market Strategist for iTRACS. 24th October 2013 Data Center Infrastructure Management (DCIM) means many things to many people, depending on their short-term and long-range goals for the data center. For some, the immediate priority is reducing energy consumption and costs, contributing to the elimination of OPEX. For others, it’s getting a better handle...
Read more
Fintech

Data Center Efficiency: Flirting with Disaster

International Finance Desk
by International Finance Desk
Global demand for datacenter electricity will quadruple by 2020″ . 24th October 2013 Data center inefficiency affects all levels of the corporate hierarchy; from IT asset managers and data center directors, to accounting and finance professionals, right up to the folks sitting in the boardroom.  The combination of skyrocketing energy costs and the ever-increasing business...
Read more
Economy

EU Signs Historic Trade Deal With Canada

International Finance Desk
by International Finance Desk
The deal will make Canada the only G8 country to have preferential access to the world’s two largest markets, the EU and the United States. 24th October 2013 The European Union and Canada agreed on a multibillion – trade pact on Friday that will integrate two of the world’s largest economies and paves the way...
Read more
Economy

KPN “Poison Pill’s” Slim’s Takeover Bid

International Finance Desk
by International Finance Desk
“The soccer rules in Mexico and Netherlands are the same, but taking over a large company is not soccer. We may have different rules for this here than in Mexico,” said Jacques Schraven, who heads the foundation. 21st October 2013 Mexican Billionaire Carlos Slim’s effort to take over Dutch Telecom Company, Royal KPN NV, was...
Read more