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vishal-sikkainfosys

India’s Infosys Battles Leadership Turmoil To Post Profits

11/07/2014(0)
Indian software giant Infosys (NYSE: INFY), the country’s second-largest software services exporter, reported a jump in profits as well as in revenues in the June quarter, the company announced ... Read More
bank-of-england

Bank of England says may be case for extra leverage ratio for banks

11/07/2014(0)
Lenders may have to comply with a requirement to set aside funds on top of a proposed minimum of 3pc of their capital, says the Bank The Bank of ... Read More
corporate sign is seen atop their cigarette manufacturing plant in Greensboro, North Carolina

Reynolds and Lorillard to reshape Big Tobacco with merger

11/07/2014(0)
Reynolds American and Lorillard are in the final stages of agreeing a complex merger that will reshape Big Tobacco by bringing together two of the three largest US operators ... Read More
US-economy

Economists downgrade forecasts for U.S. growth

11/07/2014(0)
U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. ... Read More
portugal

Global stock markets hit by Portuguese bank concerns

11/07/2014(0)
Stock markets in Europe and the US have fallen over concerns about the health of one of Portugal’s biggest banks. Shares in Banco Espirito Santo were suspended after falling ... Read More
stanley fischer

Fischer opposes proposals to break up banks

11/07/2014(0)
New Federal Reserve Bank Vice Chairman Stanley Fischer says financial reform in the U.S. “is making significant progress in strengthening the financial system,” and he casts doubt on proposals ... Read More
Mario Draghi - ECB

ECB keeps banks on tight leash for health check results

10/07/2014(0)
The European Central Bank wants to give banks just 48 hours to review the results of a balance sheet health check so it can guard against data leaks even ... Read More
MAS singapore

MAS welcomes cross-border yuan initiative for Tianjin Eco-city

10/07/2014(0)
The Monetary Authority of Singapore (MAS) has welcomed the move by China’s central bank to allow companies and individuals in Tianjin Eco-city to conduct cross-border yuan transactions with Singapore. ... Read More
European Central Bank

Improvements to EU Merger Control Rules in the Offing?

10/07/2014(0)
The European Commission has launched a public consultation on proposals to improve merger control at EU level outlined in a White Paper. The reform of the Merger Regulation in ... Read More
Bank of Russia, Moschow

Russian central bank, finance ministry agree on banking rules for state firms

10/07/2014(0)
Russian state companies, the backbone of the economy, can only have accounts at banks with capital of no less than 10 billion rubles ($296 million) or at those with ... Read More
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