Global News

Pound Sterling – it was a mixed week for the Pound as it began the week down against the US Dollar as it declined to its lowest-level in more than two weeks ahead of the sale of UK government bonds. Against the Euro, Sterling weakened for the first time in three days. On Tuesday it advanced […]

The FTSE 100 has been regaining some of the ground today that it had lost last week after investors over-reacted to the U.S. Federal Reserve’s announcement that it would be taking no immediate actions to adjust interest rates.  But the International Airlines Group (LSE:IAG) was not doing its part, as its share price declined 3.30 […]

What do music and economics have in common? Well, more than you think. For Japanese girl band, Machikado Keiki, economics serve as their inspiration. Once translated, their band name means “Street Corner Economists of Japan” in regards to their support of Japanese Prime Minister, Shinzo Abe’s economic plan nick named, “Abenomics.” To give an introduction to […]

EU approve Euronext combininng with IntercontinentalExchange NYSE Euronext have announced that it has been notified by the European Commission that the proposed acquisition of the Company by IntercontinentalExchange has been unconditionally approved. “We welcome the European Commission’s decision,” said Duncan L. Niederauer, CEO of NYSE Euronext. “This is obviously a significant step forward...

Global EcoPower lists on NYSE Alternext. NYSE Euronext has today announced the listing on NYSE Alternext in Paris of Global EcoPower, a turnkey constructor of power plants using renewable energy sources. Based in Aix-en-Provence, Global EcoPower is managed by two specialists in wind power and finance, CEO Jean-Marie Santander and EVP Philippe Perret, who have […]

NYSE to Commence Proceedings to Delist the Common Stock of Verso Paper Corp. The New York Stock Exchange have announced that the staff of NYSE Regulation have determined to commence proceedings to delist the common stock of Verso Paper Corp. Verso has a right to a review of this determination by a committee of the […]

Incisive, honest and essential, Clem Chambers’ 101 Ways to Pick Stock Market Winners is the Amazon-bestselling investing guide for all future market millionaires Japan has many popular idol bands such SMAP, Morning Musume and AKB48.  Most of these bands sing about love and school life, so to have a band that sings about the economy […]

Up, up and away for new venture? Air BP, the aviation fuel services division of BP, has signed an agreement with Grupa Lotos to form a new joint venture to manage the supply, logistics and marketing of aviation fuel in Poland. The new joint venture, Lotos – Air BP Polska, will be formed by Air […]

Pound Sterling – Despite an improving picture emerging for the health of the UK economy, this week was one of declines against the US Dollar. On Monday the Pound was little changed against the Euro and US Dollar due to an industry report showing that home sellers raised their asking prices for a sixth-straight month […]

It’s almost impossible to believe how much one economy, and one man at one central bank, can affect the entire world with one short speech about his financial strategy.  But Ben Bernanke got the world to play the game of “Ring Around the Rosie” by doing just that yesterday afternoon.  “We all fall down.” As […]