Archives
How Google overtook Apple to become the world’s most valuable brand
May 22nd, 2014
Google has surpassed Apple as the world’s most valuable brand, according to MillwardBrown’s 2014 BrandZ ranking. Apple, which had been #1 in the prior three years, fell 20% in brand value to an estimated $147.9 billion amid a “growing perception that ...
In the Russia-China Gas Deal, Did Putin Win?
May 22nd, 2014
So in striking a big new deal to supply natural gas to China, has Vladimir Putin outmaneuvered the U.S. and its European friends yet again? Much as Russia’s president would like you to think so, not really. Putin called ...
Asian stocks rise as China manufacturing improves
May 22nd, 2014
Japan’s Nikkei led gains in Asian stock markets Thursday after a manufacturing survey suggested the slowdown in China’s economy is flattening out and Fed minutes reinforced expectations the U.S. central bank won’t rush to raise interest rates. HSBC’s manufacturing ...
Property website Zoopla to sell shares on London stock market
May 22nd, 2014
Property website firm Zoopla has announced it intends to sell shares on the London Stock Exchange. The Zoopla group includes the websites PrimeLocation, SmartNewHomes and HomesOverseas websites. Meanwhile, fashion chain Fat Face has cancelled plans for a public listing ...
US Fed debates plans to exit easy monetary policy
May 22nd, 2014
The US Federal Reserve is debating yet another addition to its forward guidance as the central bank starts to plan an exit from easy monetary policy. According to the minutes of April’s meeting of the Federal Open Market Committee, ...
Logitech says audit committee investigating accounting matters
May 22nd, 2014
Logitech International SA said its audit committee is conducting an investigation into some of its accounting matters related to its earlier-stated results and the company may revise its fiscal year 2014 results. The Switzerland-based computer accessories maker said the ...
Majority of businesses in UK reject closer EU ties
May 22nd, 2014
OVER half of UK businesses reject the idea of closer political integration with Europe, according to new research from professional services firm Grant Thornton. Fifty-seven per cent of UK companies surveyed said they would not want to see closer ...
eBay makes users change their passwords after hack
May 22nd, 2014
Online marketplace eBay is forcing users to change their passwords after a cyber-attack compromised its systems. The US firm said a database had been hacked between late February and early March, and had contained encrypted passwords and other non-financial ...
GBP/USD targets 1.70
May 22nd, 2014
Pair’s Outlook The Pound preserves the upward momentum and it seems to be well-positioned to launch an attack on the 2009 highs once the weekly R1 is out of the way. And while the weekly and monthly technical studies ...
Simmons and HSF join list of firms eyeing ventures in Shanghai Free Trade Zone
May 22nd, 2014
Simmons & Simmons and Herbert Smith Freehills (HSF) are the latest UK law firms to have expressed an interest in the Shanghai Free Trade Zone (SFTZ) after recent reports that the scheme would allow tie-ups between international and PRC ...
