Goldman Sachs and JP Morgan pledge millions for refugees September 14, 2015 US investment banks Goldman Sachs and JP Morgan are leading a multi-million pound drive for donations for refugees in Europe. JP Morgan is raising up to $2m (£1.3m) from staff and its own foundation, which will be used to support Save the Children, Oxfam, International Rescue Committee and International Medical Corps. Meanwhile, Goldman Sachs Gives [...]
City Moves for 15 September 2015 | Who’s switching jobs September 14, 2015 Societe Generale Societe Generale Corporate and Investment Banking has announced two appointments in its global finance division. Alvaro Huete (pictured) becomes deputy head of global finance and head of global finance for the UK. He was previously global head of syndications and has also worked at Nomura, Banco Urquijo and Lloyds Bank. Terence Shanahan, previously [...]
Fed and China worries push stocks down – New York Report September 14, 2015 MANY investors put off making big bets ahead of the Federal Reserve’s policy meeting this week, which, along with worries over weak economic data from China, pushed US stocks down yesterday. The Dow Jones industrial average fell 62.13 points, or 0.38 per cent, to 16,370.96, the S&P 500 lost 8.02 points, or 0.41 per cent, [...]
The US Federal Reserve won’t hike interest rates while markets wobble – eToro Tips & Picks September 14, 2015 It's a massive week for financial markets, as the Federal Reserve takes centre stage and with monetary policy the big talking point. Thursday sees the Fed make its latest announcement on interest rates, with many still uncertain as to whether we will see the much-anticipated hike this month or not. European markets remained [...]
Twitter for the Web down for 45 minutes: “Something is technically wrong” September 14, 2015 Twitter for the Web went down 7.25pm, making it impossible to access the social media platform’s website for about 45 minutes, until the site came back up at 8.10pm. When trying to access twitter.com users were instead greeted by the error message: “Something is technically wrong.” Thanks for noticing – we’re going to fix it [...]
Labour HQ fire: Brewers Green office evacuated and fire brigade called to nearby office September 14, 2015 Labour's headquarters at one Brewers Green have been evacuated after a fire nearby. Staff evacuated the building in Westminster and London Fire Brigade attended the scene, however, the incident is not serious. We're dealing with a small fire in an office block under refurbishment on Buckingham Gate in #Westminster. pic.twitter.com/G1W7ixVLJV — London Fire Brigade (@LondonFire) [...]
Jeremy Corbyn faces first test as Labour leader in Trade Union Bill debate September 14, 2015 Today marks the first official test of newly-elected Labour leader Jeremy Corbyn, as he takes part in his first parliamentary showdown from the frontbench. On the agenda: the Trade Union Bill, a package of proposals put forward by the government that would change the rules surrounding strike ballots. Business secretary Sajid Javid, who [...]
Jeremy Corbyn odds: Bookies’ tips suggest Labour leader could last just 475 days in the job September 14, 2015 After a resounding mandate from the Labour party and its supporters, against the odds, to become leader, it may not last for long. Jeremy Corbyn is being tipped to spend just 475 days in the role before going from hero to zero. Bookies Sporting Index estimates Corbyn will last less than 18 months, predicting Labour [...]
Teenager dies from Ebola in Sierra Leone as disease makes a come-back September 14, 2015 A 16-year-old girl died in Sierra Leone today after catching the Ebola virus, the National Ebola Response Centre (NERC) confirmed. The victim came from the city of Makeni in the northern Bomabli district, where no new case had been reported for 169 days. According to AFP, the girl was hospitalised on Saturday, after [...]
Jeremy Corbyn is Labour leader: But there are four reasons why he fails to convince me on his business policies September 14, 2015 Previously a life-long supporter, on Saturday I turned my back on Labour for good. Admittedly the rot started under Ed Miliband: I voted Conservative for the first time in May 2015 as I thought an Ed-led government would be disastrous for the economy and for business. Corbyn’s election as Labour leader meanwhile is [...]