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citi-group1

Citi to pay allowance to compensate for limited bonuses

01/09/2014(0)
Citigroup Inc (C.N) has told senior staff in Europe that they would receive fixed monthly pay in addition to their salaries in an attempt to compensate for rules that ... Read More
uk-manufacture

UK manufacturing growth cools as export orders slip

01/09/2014(0)
Britain’s main manufacturing trade association trimmed its growth forecast for 2014 on Monday after its members reported the first fall in export orders since early 2013. The EEF association ... Read More
Bank of China-logo at its branch office in Beijing

China banks seek new lending horizons as bad debts rise

01/09/2014(0)
China’s biggest banks are turning their back on mainstay borrowers like manufacturers and courting high growth industries such as healthcare, food and IT in a bid to boost revenue. ... Read More
A man reads the front pages of various newspapers announcing Portugal's central bank's decision to rescue troubled lender Banco Espirito Santo (BES) in a 4.9 billion euro ($6.6 billion) recapitalisation in Lisbon in this August 4, 2014 file photo. REUTERS/Hugo Correia/Files

The billion-dollar fall of the house of Espirito Santo

29/08/2014(0)
On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it. Salgado signed two letters to ... Read More
draghi_ecb

Euro zone inflation dips as expected in August

29/08/2014(0)
Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate ... Read More
European Central Bank

Vanishing euro zone inflation seen intensifying ECB policy headache

29/08/2014(0)
If euro zone inflation falls deeper into the ‘danger zone’ as expected on Friday, it will at the very least complicate the European Central Bank’s plans to wait and ... Read More
oil prices

A New American Oil Bonanza

29/08/2014(0)
The United States now accounts for 10% of the world’s oil production. As it sharply curtails imports from countries like Angola and Nigeria, those producers are then compelled to ... Read More
A depositor at Bulgaria's Corporate Commercial Bank (Corpbank) holds a sign during a demonstration demanding access to their accounts in Corpbank, in front of the Bulgarian National Bank in Sofia August 19, 2014. REUTERS/Pierre Marsaut

Bulgaria may let Corpbank depositors get partial access to accounts

29/08/2014(0)
Depositors at Bulgaria’s Corporate Commercial Bank (Corpbank) 6C9.BB may get partial access to their funds at the troubled bank in September, Interim Finance Minister Rumen Porozhanov said on Friday. ... Read More
alibaba.com

A Chinese E-Commerce Company Is Born and enters competition with Alibaba

29/08/2014(0)
Dalian Wanda Group, the Chinese real estate, cinema and retail conglomerate controlled by the billionaire Wang Jianlin, announced on Friday that it would enter the e-commerce industry in an ... Read More
shell

Shell Submits a Plan for New Exploration of Alaskan Arctic Oil

29/08/2014(0)
Royal Dutch Shell submitted a plan to the federal government on Thursday to try once again to explore for oil in the Alaskan Arctic, following years of legal and ... Read More
Broker Cyprus TopFX