Global News

EU approve Euronext combininng with IntercontinentalExchange NYSE Euronext have announced that it has been notified by the European Commission that the proposed acquisition of the Company by IntercontinentalExchange has been unconditionally approved. “We welcome the European Commission’s decision,” said Duncan L. Niederauer, CEO of NYSE Euronext. “This is obviously a significant step forward...

Global EcoPower lists on NYSE Alternext. NYSE Euronext has today announced the listing on NYSE Alternext in Paris of Global EcoPower, a turnkey constructor of power plants using renewable energy sources. Based in Aix-en-Provence, Global EcoPower is managed by two specialists in wind power and finance, CEO Jean-Marie Santander and EVP Philippe Perret, who have […]

NYSE to Commence Proceedings to Delist the Common Stock of Verso Paper Corp. The New York Stock Exchange have announced that the staff of NYSE Regulation have determined to commence proceedings to delist the common stock of Verso Paper Corp. Verso has a right to a review of this determination by a committee of the […]

Incisive, honest and essential, Clem Chambers’ 101 Ways to Pick Stock Market Winners is the Amazon-bestselling investing guide for all future market millionaires Japan has many popular idol bands such SMAP, Morning Musume and AKB48.  Most of these bands sing about love and school life, so to have a band that sings about the economy […]

Up, up and away for new venture? Air BP, the aviation fuel services division of BP, has signed an agreement with Grupa Lotos to form a new joint venture to manage the supply, logistics and marketing of aviation fuel in Poland. The new joint venture, Lotos – Air BP Polska, will be formed by Air […]

Pound Sterling – Despite an improving picture emerging for the health of the UK economy, this week was one of declines against the US Dollar. On Monday the Pound was little changed against the Euro and US Dollar due to an industry report showing that home sellers raised their asking prices for a sixth-straight month […]

It’s almost impossible to believe how much one economy, and one man at one central bank, can affect the entire world with one short speech about his financial strategy.  But Ben Bernanke got the world to play the game of “Ring Around the Rosie” by doing just that yesterday afternoon.  “We all fall down.” As […]

When every other stock market around the globe is having a sell-off for two consecutive days now, it is cannot be denied that the colour of the day is red. Since Uncle Ben Bernanke issued his statement yesterday, virtually every major stock market in the world was mired in red, as if also bleeding upon […]

It’s kind of an “All’s Quiet on the Western Front” day today as all eyes and ears are waiting for the 2:00 pm EDT presentation by Ben Bernanke of the U.S. Federal Reserve Bank that will let the world know what actions the bank will, or will not, take to keep the economy stable.  But […]

In an interview with the BBC this morning, Richard Campbell of the Office of National Statistics (ONS) reported on the announcement that the rate of inflation in the UK, as measured by the Consumer Price Index (CPI), increased to 2.7% in May from 2.4% in April.  What does this mean for average household? If it means anything at […]