PERSONAL FINANCE NEWS February 16, 2011 CREDIT CARD USERS NEED DIRECT DEBIT Research from Confused.com shows that Brits are wasting £150m a year on unnessary credit card charges. The majority of UK credit card users, 57.5 per cent, are missing minimum payments because they have not set up a direct debit, leaving them liable for a “late payment” charge from their [...]
For the Brics, adolescence could prove to be difficult February 16, 2011 WHEN the idea of a Bric fund – an equity fund focused on Brazil, Russia, India and China – first took off in the mid-noughties, they were all the rage with investors. Goldman Sachs predicted 2050 would be the year when the Brics became the world’s leading economies, and today they are heading resolutely in [...]
Bulgari MBA is the first of a new generation February 16, 2011 LUXURY brands are brilliant at marketing themselves, so perhaps it was only a matter of time before one put its name on an MBA. But the news that Italian luxury goods firm Bulgari has teamed up with Bocconi business school in Milan may raise a few well-plucked eyebrows. In the next cohort of MBA students, [...]
How business school helps with a job-hunt February 16, 2011 ASK people who are currently studying an MBA what their top priority is and they will almost all tell you that it’s finding a job after they graduate. Always true, perhaps, but more so at the moment when the economic future remains uncertain. We asked four recent MBA graduates how they used their time and [...]
BUSINESS SCHOOL NEWS IN BRIEF February 16, 2011 MBAS FINDING JOBS Those with MBAs are still finding it relatively easy to find work, says new research from GMAC, the body which runs administration testing for MBA courses. Its Alumni Perspectives Survey shows that 88 per cent of 2010 business school graduates had jobs on graduation, 4 per cent higher than the class of [...]
Commodities dent FTSE 100 despite strong banking stocks February 15, 2011 BRITAIN’S s top share index closed lower yesterday as strength in banking stocks, inspired by forecast-busting results from Barclays, was outweighed by a broad retreat in the mining sector on commodity price wobbles. The FTSE 100 index closed down 23.01 points, or 0.4 per cent, at 6,037.08. The FTSE 250, FTSE 350 and AIM 100 [...]
US markets slip after retail data February 15, 2011 MARKET breadth weakened and a prominent investor retreated from bullish positions as a vulnerable US stock market slipped off 2-1/2-year highs yesterday. Energy and basic materials stocks led the slide in the S&P 500’s worst day since 28 January, and billionaire investor Ken Fisher said he is “more neutral on stocks than I’ve been in [...]
Get talent: how CFOs can make the most of the people they hire February 15, 2011 HEAD OF EMPLOYER SERVICES, ACCA Chief Financial Officers (CFO) all over the world are facing a challenge – maximising the value that finance teams bring to the business. People – and not numbers – are the sum of an organisation, and in a new report with KPMG, ACCA (the Association of Certified Chartered Accountants), looks [...]
Forex traders should tread carefully to avoid mistakes February 15, 2011 SOMETIMES it can feel like foreign exchange trading is a game of luck, and indeed sometimes the movements mapped on the charts are just plain unpredictable. But fear not, there are strategies that traders can adopt to minimise their losses and maximise their gains. Here we have highlighted three major mistakes that the currency expert [...]
Uncertainty hinders euro performance February 15, 2011 DISAPPOINTING US retail sales figures announced yesterday lunchtime failed to produce the increased yields on US Treasuries anticipated by traders, with the news allowing the euro to reach an early afternoon high of $1.3551. Combined with strong euro demand from Asia and the Middle East, the common currency stabilised itself against the dollar, rising 0.14 [...]
