Wall St buoyed by Iran oil deal – New York Report July 14, 2015 WALL Street gained for a fourth straight session yesterday, its longest winning streak since January, buoyed by the energy sector as oil prices rebounded from early declines. Oil prices were initially lower on concerns a deal between Iran and six global powers would result in more supply, but turned higher after it became apparent sanctions [...]
Forget Greece: Europe is a great place to invest right now July 14, 2015 All eyes have been on Europe as the Greece crisis goes from one stage to the next. The saga has caused great concern among investors as to how European stock markets will be affected. But so far, the impact has been limited. Stock markets across Europe have been volatile, opening and closing higher and [...]
Get what you want at work – by asking for it July 14, 2015 Communicate your worth and don’t apologise for it A management position opens up, and Plato and Aristotle both ask to be considered. Plato, placing a supreme value on truth, relies on his track record to do the talking. But Aristotle knows better. He emphasises his own credibility (ethos), puts forward a consistent, well-evidenced plan [...]
Twitter share price soars after hoax news story on a fake “Bloomberg” site fools investors July 14, 2015 Twitter's share price was sent soaring over eight per cent today as investors fell for a hoax news story claiming the social media network was considering a $31bn takeover. Read more: G4S share price plummets after fake press release “reveals” £400m profit overstatement The report was posted on bloomberg.market this morning; a site appearing to impersonate [...]
32Red share price rises after completing Roxy Palace deal July 14, 2015 Shares in online casino operator 32Red rose today, after it announced the acquisition of rival Roxy Palace, in a deal worth a total of £8.4m. Read more: 32Red turnover surges by 50pc 32Red founder and chief executive Ed Ware told City A.M. that the deal “ticks a lot of boxes for us.” Investors [...]
Iran nuclear deal: Post-sanction country still faces regulatory and political challenges July 14, 2015 The 14 July comprehensive nuclear agreement between Iran and world powers marks a historic breakthrough in the longstanding dispute over the Islamic Republic’s nuclear programme. The main catalysts behind the deal have been Iran’s continuing economic isolation as a result of sanctions and the high value placed by the Obama administration on a comprehensive agreement. [...]
The Scottish National Party’s decision over fox hunting has exposed their desire to vote on English only issues July 14, 2015 Last night Nicola Sturgeon, leader of the Scottish National Party, participated in the mammoth discussion with her party that resulted in the SNP's 56 Westminster MPs intention to renege on their promise to keep out of issues that do not impact on Scotland. And now, while Conservative MPs had been given a free vote on [...]
Gender pay gap: Why Cameron’s announcement is good news for the economy July 14, 2015 Like David Cameron, I want to look back at the gender pay gap in the same way we look back at women not voting and working – as something archaic, delusional and fundamentally wrong. Cameron’s announcement that large firms will have to disclose the average salary for both male and female employees will highlight the [...]
Gatwick Airport criticises Airport Commission’s backing for Heathrow expansion as unfair and “flawed” July 14, 2015 Gatwick has hit back at the Airports Commission, calling its report recommending a Heathrow expansion “flawed” and unfair. The airport criticised the report for falling short of requirements of balance and fairness. After three years’ deliberation led by Sir Howard Davies, the Airports Commission released its long-awaited report two weeks ago, backing a third runway [...]
Former HSBC boss Lord Green says HSBC should’ve done more due diligence ahead of Swiss private bank purchase July 14, 2015 Former HSBC boss Lord Green today admitted that it should've done more due diligence ahead of its purchase of its Swiss private banking arm. Green, who was the bank's chief executive between 2003 and 2006 and as its chairman between 2006 and 2010, told members of the Lords' economic affairs committee neither he nor the [...]