Category: Articles

US - Africa Leaders Summit

DuPont today announced the election of Ulf M. "Mark" Schneider, President and CEO of Fresenius SE & Co. KGaA to its board of directors, effective 22 October.

Malcolm Marshall, UK and global lead in KPMG's cyber security practice says amid political disputes businesses need to be ready to defend themselves, as the cyberspace in which they operate increasingly becomes the new battleground.

Balfour Beatty, the international infrastructure group, has announced the award of a £129m scheme to upgrade a 13.4 mile stretch of the M3 through Hampshire and Surrey to a “smart motorway”.

Active Venture Partners has announced the appointment of two new team members with strong entrepreneurial and venture capital experience.

Tesco plc has announced that Dave Lewis will join the board of Tesco on 1 October 2014 as chief executive officer in succession to Philip Clarke.

New report shows five deals in total were announced on the UKCS in Q2 2014, down from the 10 transactions reported in Q.

Short-term thinking is distorting the debate on our energy future, risking investment and opportunity, according to Confederation of British Industry (CBI) deputy director-general Katja Hall.

New data released by the Chinese National Bureau of Statistics shows that the world's second-largest economy picked up momentum in Q2 2014.

Whitbread PLC, the multinational hotel, coffee shop and restaurant company headquartered in Dunstable, has announced the appointment of Richard Baker as chairman with effect from 1 September 2014.

The world's largest accountancy body, ACCA (the Association of Chartered Certified Accountants) has warned that urgent up-skilling in financial management across Whitehall was needed if the civil service was going to make long-term savings and improved service delivery.

Hogan Lovells has recruited real estate finance partners Andrew Flemming and Jo Solomon to join the London finance practice.

Japanese Prime Minister Shinzo Abe and Australian Prime Minister Tony Abbott have visited the Rio Tinto’s Pilbara operations.

Abingworth, the international investment group dedicated to life sciences and healthcare, has announced the promotions of Ken Haas and Vin Miles to partners.

A new study reveals millions of over 40s are expecting to carry on working until they physically can't continue due to worries about being able to afford their “ideal retirement”.

Wealth-X, the ultra high net worth intelligence and prospecting firm, has compiled a list of the top 10 Singapore-based billionaires.

Rolls-Royce has signed a long-term service agreement with RGK+Z&A for spare parts supply, supervision and maintenance for the Hlagwa Power Plant (Phase II) project in Yangon, Myanmar.

The Rockefeller Foundation, now in its second century of advancing the well-being of humanity, has announced the appointment of Ravi Venkatesan to its Board of Trustees.

The TaxPayers' Alliance, the independent grassroots campaign for lower taxes, has launched a 29-stop, nine-day War on Waste Roadshow in Westminster

New figures from TheCityUK, the private-sector association and industry lobby group promoting the UK financial and professional services industry, reveal that the UK's trade surplus in financial services is the biggest in the world, more than two and a half times bigger than the next largest surplus recorded by the US and three times higher than Luxembourg in third and Switzerland fourth.

The unemployment rate across the Eurozone remained unchanged in May from April's figure of 11.6%, according to data released by Eurostat.

The UK's financial services firms saw another rise in business volumes in the three months to June, and optimism continued to pick up across the sector, according to the latest CBI/PwC survey.

Today's Chief Compliance Officers (CCOs) are in a position similar to that of Chief Financial Officers (CFOs) 15 years ago, and they face a comparable opportunity and challenge, according to a new PwC US survey.

Opportunities abound for the global asset management industry as the shrinking of the banking sector has thrust asset management to the heart of global capital flows and the pace of regulatory change is starting to ease off, according to a new KPMG report.

Fees per fee earner at the top 100 UK law firms have increased by 2.4% this quarter, compared with the same period last year, according to the latest quarterly legal sector survey from Deloitte.

Man Group Plc, one of the world’s largest independent alternative investment managers, has entered into a conditional agreement to acquire Numeric Holdings LLC.

Weak global growth, lacklustre equity markets, low inflation and geopolitical tensions made bonds the safe asset of choice during the first half of 2014, according to Pierre Bose, head of fixed income for Europe at Coutts private bank.

The unconventional supply revolution that has redrawn the global oil map will likely expand beyond North America before the end of the decade, the International Energy Agency (IEA) has said in its annual five-year oil market outlook.

Baring Asset Management has announced its intention to launch a range of Hong Kong domiciled funds which it plans to bring to market in early 2015.

Demand for alternative currencies will lead to a wave of private monies, new research from the Institute of Economic Affairs predicts.

The Financial Conduct Authority has fined Credit Suisse and Yorkshire Building Society a total of £3.8m for the “misleading” promotion of a structured product to thousands of risk-averse investors.

With the nation gripped by World Cup fever, the Institute of Chartered Accountants in England and Wales (ICAEW) is reminding employers that staff parties can potentially be tax-free this year.

The age old superstition about falling prey to bad luck on Friday the 13th does in fact ring true for some motorists according to new data from Aviva, the UK's largest insurer.

Cristiano Ronaldo, Portugal's forward and captain, has been named as the wealthiest footballer competing in this year's World Cup by ultra high net worth intelligence and prospecting firm Wealth-X.

The competition, devised by Saxo Bank, is based on the football World Cup's groups, with the winning country for each match determined by various financial metrics.

Driven by booming demand, the "Golden Age" of natural gas that is now firmly established in North America will expand to China over the next five years, the International Energy Agency (IEA) says in its 2014 Medium-Term Gas Market Report.