Category: Articles

The UK government has announced it has begun the process of issuing the world's first non-Chinese sovereign bond in the Chinese currency, the renminbi (RMB).

Proceeds from European IPOs in the traditionally quieter third quarter settled back to €6.6 billion, from €22.3 billion in Q2 2014. Nevertheless, Q3 proceeds were more than double those of Q3 2013 (€3.0 billion), primarily as a result of a number of large IPOs in July, including NN Group in the Netherlands (€1.5 billion), FinecoBank in Italy(€673 million) and Logista in Spain (€606 million).

KPMG has announced the appointment of David Burlison as Global Head of Restructuring and Mark Firmin as UK Head of Restructuring.

eurobrand , the European independent experts for brand, patent & IP valuation & strategy, has released its global brand value GLOBAL TOP 100 rankings, which examine more than 3,000 corporations in 16 industries, with comparisons of Europe, America and Asia.

The volume of global goods trade is set to nearly double to around $18 trillion by the year 2030, according to analysis by PwC economists.

The 45th Annual Meeting of the World Economic Forum, which will take place 21-24 January in Davos-Klosters, Switzerland, is to convene under the theme The New Global Context.

The European Central Bank (ECB) voted to leave rates unchanged today, as expected. The main borrowing rate remains at 0.05%, while the deposit rate stands at -0.2% and the marginal lending facility at 0.3%. ECB President Mario Draghi also gave details of the asset-backed securities purchase programme announced last month, saying that it could include Greek and Cypriot securities but refusing to give an estimate of its planned size.

Royal London Asset Management announces the appointments of Caroline Henty and Joanna Wells as Marketing Managers for its Asset Management business (RLAM).

The number of reported information security incidents around the world rose 48% to 42.8 million, the equivalent of 117,339 attacks per day, according to The Global State of Information Security® Survey 2015, released by PwC in conjunction with CIO and CSO magazines

Twenty-eight companies from Europe, Eurasia and the Middle East have been invited to join the World Economic Forum's Global Growth Companies community of over 370 companies from around the world

Nearly three quarters of CFOs surveyed by Deloitte say now is a good time to take risk onto their balance sheets – up from 65% in Q2 2014 and three times the level seen in Q3 2012

UK private sector growth continued to perform strongly in the three months to September, with expectations for a mild pick up in the next quarter, according to the Confederation of British Industry's Growth Indicator.

George Osborne, the UK Chancellor of the Exchequer, today announced that from April 2015 individuals will have the freedom to pass on their unused defined contribution pension to any nominated beneficiary when they die, rather than paying the 55% tax charge which currently applies to pensions passed on at death.

The fund management sector was responsible for a record £6.2tn of funds at the end of 2013, with over a third of that sum coming from overseas clients.

Deloitte has furthered strengthened its hedge fund practice with two key appointments for the UK and EMEA regions.

There are many good reasons for companies to believe that increasing gender diversity in their workforces will be a business boost, according to the Confederation of British Industry’s Northern Ireland chair

Royal Bank of Scotland had to lower the price of the initial public offering for its Citizens Financial bank despite a buoyant mood in the wider investment market.

Sir Richard Branson, the boss of the Virgin Group of companies, has offered his private staff as much holiday as they want to take.

The Securities and Exchange Commission has launched an investigation into Pimco’s exchange traded funds (ETF) pricing structure.

Almost all coal mining permits granted by the Indian government between 1993 and 2010 have been cancelled by the country’s Supreme Court.

The investment arm of British-based bank Barclays has been hit with a record fine by UK regulators after it failed to separate its assets from its clients.

Starbucks is to take control of its Japanese joint venture partner Sazaby League in a deal with a total consideration of $914m (£559m).

London has been ranked as the most expensive city in the world, according to a new report from international real estate agent Savills.

Investment analysts have issued a warning to investors in gold after the Royal Mint in Britain launched a new site trading in gold and silver coins.

The White House as announced its plans to tackle the rising tide of tax inversion in the country.

The heirs to the Rockefeller family are to start a process of selling its investments in fossil fuels, shifting its portfolio focus to clean energy.

The signing of Nepal’s biggest ever foreign direct investment (FDI) deal will see its newly elected government launch a $1.4bn project to tap into its Himalayan river hydropower resources.

With the iconic Wall Street building resplendent festooned in the orange and white colours of the firm, Alibaba's shares closed notably above their initial price on closing on the New York Stock Exchange (NYSE) on Friday.

GlaxoSmithKline (GSK) has been fined $490m by China after the firm was found guilty of bribery.

British-based retailer Tesco has suspended four of its executives and launched an inquiry after the firm overstated its half-year profits.

The effect of the Scottish vote against leaving the United Kingdom was made clear in early trading in Asia, as the pound sterling surged to highs against the euro and US dollar.

The boss and joint founder of leading software firm Oracle, Larry Ellison, is to step down after 37 years of leadership. Mr Ellison, one of the world's richest people, will still remain an integral board member however.

The Bank of Japan (BoJ) has purchased one-year government debt at negative yields.

The level of foreign direct investment into China has falling to its lowest point in two and half years, according to the latest data sets.

A report by Barclays has suggested that nearly half of China's wealthiest people are considering leaving their home country.

An island in the Maldives has come onto the market, complete with planning permission for a luxury resort.