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Unemployment in Britain Falls to 6.5 Percent

16/07/2014(0)
British workers’ earnings grew at the slowest rate on record in the three months to May, one gauge showed, even as unemployment fell further, giving the Bank of England ... Read More
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BlackRock’s second-quarter profit rises 11 percent

16/07/2014(0)
BlackRock Inc (BLK.N), the world’s largest money manager, reported an 11 percent jump in second-quarter profit on Wednesday, boosted by strong markets that helped drive flows into its products ... Read More
Bank of China in Beijing

Bank of China Hires in Hong Kong as High-Yield Bond Trade Starts

16/07/2014(0)
Bank of China Ltd. is hiring traders and sales people in Hong Kong as it sets up a high-yield bond-trading platform to boost market share and cement its position ... Read More
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Hedge-Fund Boutiques Show Dubai Nurturing Oasis Trading: Cities

16/07/2014(0)
When Ahmad Zuaiter started a frontier-markets hedge fund, the former Soros Fund Management LLC money manager chose Dubai over New York and London. Zuaiter’s Jadara Capital Partners LP and ... Read More
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Emerging Nations Bloc to Open Development Bank

16/07/2014(0)
At a meeting in Brazil, the leaders of Brazil, Russia, India, China and South Africa announced on Tuesday that they were establishing a development bank to challenge the influence ... Read More
labour market

China’s economy grows 7.5% in 2nd quarter

16/07/2014(0)
China’s economy, the second largest worldwide after the USA, achieved better than expected growth in the second quarter of 2014, according to official figures released Wednesday that showed government ... Read More
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Apple and IBM in Broad Software Deal for Businesses

16/07/2014(0)
Apple is moving up to business class. And its seatmate will be IBM. In a deal that could deepen Apple’s sales to corporations and strengthen IBM’s position in business ... Read More
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U.S. retail sales, manufacturing data point at firming economy

15/07/2014(0)
A gauge of U.S. consumer spending rose solidly in June, in the latest sign that the economy ended the second quarter on a firmer footing. That momentum appeared to ... Read More
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Parliament elects Jean-Claude Juncker as Commission President

15/07/2014(0)
The European Parliament has issued a press release announcing the election of Jean-Claude Juncker as Commission President. With 422 votes in favour, the European Parliament elected Jean-Claude Juncker in a ... Read More
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Lions Gate, Alibaba to offer joint subscription TV streaming service in China

15/07/2014(0)
Chinese e-commerce giant Alibaba Group Holding and Lions Gate Entertainment Corp, the studio behind the ‘Hunger Games’ films, will launch a subscription streaming service in China, the firms said ... Read More
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