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Money

  • Business networking has been transformed

    December 19, 2012

    NETWORKING has always played an important role in career and business progression, but it has seen a significant transformation in recent years. The most notable change has come in the way professionals network: from a face-to-face business card exchange to making hundreds of connections on, for example, LinkedIn. Executives at global companies no longer need [...]

  • Embracing new technology gets companies ready for the future

    December 19, 2012

    DIRECTOR UK ENTERPRISE, CISCO Q How have advancements in the internet and online networking helped businesses through the difficult economic period? A Three of the key reasons for any company to use the internet are business model innovation, reaching more customers, and reducing costs. To quote Jeff Bezos, founder and chief executive of Amazon.com, “the [...]

  • SMEs need an online presence to prosper

    December 19, 2012

    LIKE all smaller companies, FusePump has found networking technology essential for gaining business as well as enabling it. The internet, in particular, has meant that even smaller businesses like ours can have a global reach, with companies now conducting meetings and business transactions online without having to be in the same country. FusePump, for example, [...]

  • Stocks rally to cap off best run in a month

    December 18, 2012

    US stocks rallied on strong volume yesterday, capping off the S&P 500’s best two-day run in a month, on confidence that a deal would be struck in Washington to avoid painful spending cuts and tax hikes that could hurt the economy. Banks, energy and technology – sectors that would benefit during economic expansion – led [...]

  • Signs the US will steer away from fiscal cliff help to push FTSE higher

    December 18, 2012

    BRITAIN’S share index rose yesterday, led by gains in risk-sensitive commodity issues on signs of progress towards a political compromise on the US fiscal cliff. The FTSE 100 closed up 23.75 points, or 0.4 per cent, at 5,935.90 but failed to hold above last week’s nine-month closing peak of 5,945.85 which was within 20 points [...]

  • Japan is ready to try anything to weaken yen

    December 18, 2012

    JAPAN’s Liberal Democrat Party (LDP) emphatically took control of the country’s lower house on Sunday. The outcome was anticipated by currency traders, who expected the dovish LDP leader Shinzo Abe to walk into the job of Prime Minister, becoming Japan’s seventh leader in as many years. Although many believe that the LDP’s victory heralds a [...]

  • US markets up on hopes of economic deal

    December 17, 2012

    THE S&P 500 ended at its highest level in almost two months yesterday on rising hopes that negotiations over the “fiscal cliff” were making progress and that a deal could be reached in days. After weeks of stalemate, President Barack Obama and Republican House Speaker John Boehner met at the White House, raising hopes that [...]

  • Aggreko sinks on profit warning as Vodafone is hit by high 4G pricing

    December 17, 2012

    BIG falls by temporary power firm Aggreko and market heavyweight Vodafone weighed on Britain’s top shares yesterday as the final full trading week of 2012 got off to a lacklustre start. Aggreko was the biggest percentage blue chip faller, dropping 22 per cent after the firm issued its second profit warning in two months, saying [...]

  • Capital classifications will give gold a boost

    December 17, 2012

    US BANKS are staging an eleventh hour appeal to have the implementation of Basel III delayed from its 1 January 2013 deadline, arguing that they would need to bolster their balance sheets with an additional $800bn (£493bn) in core capital assets under the new framework. But while there may be some protests, and the date [...]

  • The markets don’t sleep during the festive period

    December 17, 2012

    OVER the Christmas period, equity markets are often seen as offering slim pickings for spread bet and contract for difference traders. Granted, there’s the prospect of a Santa rally, but otherwise the FTSE-100 index tends to end up trading in tight ranges as volatility ebbs away. Underlying volumes are low, traders generally aren’t at their [...]

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