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Global News

Church of England Ready to Redeem RBS

28 Jun 2013 @ 15:11
Less than a fortnight after ADVFN reported that the Bank of England had publicly stated that the Royal Bank of Scotland (LSE:RBS) needs to raise £3.2 billion, the Church of England is reportedly heading a consortium that is about to drop some loose change into the offering plate. Most of the reports so far are more or less […]
 

Weekly currency roundup – Uncertainty over Fed tapering created a mixed week for currencies

28 Jun 2013 @ 11:33
Pound Sterling – it was a mixed week for the Pound as it began the week down against the US Dollar as it declined to its lowest-level in more than two weeks ahead of the sale of UK government bonds. Against the Euro, Sterling weakened for the first time in three days. On Tuesday it advanced […]
 

Majority Investor Sells All Holdings in IAG

27 Jun 2013 @ 14:43
The FTSE 100 has been regaining some of the ground today that it had lost last week after investors over-reacted to the U.S. Federal Reserve’s announcement that it would be taking no immediate actions to adjust interest rates.  But the International Airlines Group (LSE:IAG) was not doing its part, as its share price declined 3.30 […]
 

Japan's new stock market craze

27 Jun 2013 @ 13:47
What do music and economics have in common? Well, more than you think. For Japanese girl band, Machikado Keiki, economics serve as their inspiration. Once translated, their band name means “Street Corner Economists of Japan” in regards to their support of Japanese Prime Minister, Shinzo Abe’s economic plan nick named, “Abenomics.” To give an introduction to […]
 

EC approve IntercontinentalExchange acquisition

26 Jun 2013 @ 20:34
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...
 

NYSE Alternext welcome Global EcoPower

26 Jun 2013 @ 20:31
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 seek Verso Paper Corp. delisting

26 Jun 2013 @ 20:29
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 […]
 

Machikado Keiki – the Economic Girl Band

26 Jun 2013 @ 07:44
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 […]
 

Air BP and Grupa Lotos Sign Aviation Agreement

25 Jun 2013 @ 21:43
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 […]
 

Weekly currency roundup – A week of volatility as Federal Reserve suggests QE scale back

21 Jun 2013 @ 09:53
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 […]
 
 
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