Author Archives
-
Research Claims More than$2.5 Billion Hoarded Away by US Firms in Offshore Accounts
According to new research by independent advisory firm Capital Economics, the cash that is held overseas by U.S. firms is very unlikely to be ever repatriated and the report also states that the amount of cash held overseas by U.S…. Read More ›
-
Halal Food – $20 Billion Hit in America
Sometimes, culinary trends and political ones move together. While a recent falling-out with the French led to the invention of “freedom fries”, Sauerkraut was renamed “liberty cabbage” when the U.S. was at war with Germany. However sometimes they move in… Read More ›
-
HSBC says Alarm Bells should be Ringing by now due to Rising Global Imbalances
The advent of deflationary forces and the slamming of brakes on global growth is being blamed on global current-account imbalances which is being claimed to be back. And an effective, international policy response to the problem is likely to be a long… Read More ›
-
For Tech Start-Ups London is More Expensive than San Francisco
Potentially stifling its ability to create the next Google or Twitter, according to a new report, New York and San Francisco have been trumped by London which has been named as the most expensive city in the world for technology… Read More ›
-
Alcatel Integration Sped up by Nokia CEO Stung by Failed Mergers
Rajeev Suri put his team at Nokia Oyj on a tight schedule: in just 90 days they had to hash out which products to keep and which to jettison, after gaining control of French network-equipment rival Alcatel-Lucent SA in January. “Procrastinated… Read More ›
-
Negative Rates to be made Centerpiece of Future Easing by BOJ: Reports
By shifting its prime policy target to interest rates from base money at its review next week, the Bank of Japan will consider making negative interest rates the centerpiece of future monetary easing, reported Reuters citing sources. As more than… Read More ›
-
Luxury-Goods Industry Descends into Gloom
After Richemont predicted a profit plunge that Chairman Johann Rupert deemed unacceptable and Hermes International SCA abandoned a long-standing forecast, the crisis in the global luxury-goods industry deepened. Richemont, the maker of Cartier jewelry, warned it may have to deepen… Read More ›
-
Fitch says to Watch Out for More in a Record Year of Country Downgrades
2016 seems to be headed towards being a year when rating agency – Fitch Ratings, handed over the most number of sovereign downgrades even while there is over more than three months to go till the end of the year…. Read More ›
-
Chances of Fed Interest Rate Hike in September Slashed to 25 Percent by Goldman
Noting the absence of a clear indication that the central bank’s rate-setting group was set to tighten policy, Goldman Sachs has trimmed the odds of the U.S. Federal Reserve raising interest rates next week. While raising the odds that the… Read More ›
-
Analysts Predict Efforts to Unload Hanjin Stalled Ships by Funding could End up Short
Daniel Yoo, head of global wealth management at Kiwoom Securities believes that the funds flowing to listing Hanjin Shipping were likely to fall far short of what was needed to get its stalled cargo moving. “Hanjin Group is now going to… Read More ›
manageria.biz 