Global News

British Pound Sterling fell to its lowest in nearly seven months against the US Dollar after Martin Weale, a member of the Monetary Policy Committee of the Bank of England said in a speech engagement last Saturday, 16 February, that the “most natural means” to reduce the UK’s trading deficit is for the currency to […]

Rolls Royce (LSE:RR.) turned in an astounding 24% increase in pre-tax profit on a 9% increase in revenue.   The reported full year profit of £1,429 million is not only up £272 million from £1,157 million in 2011, it is also the 10th year in a a row that the firm has recorded increased profits year-on-year. Revenue for […]

Today the The Brazilian Stock exchange (BOVESPA) operates special trading hours and trading in the markets opened at 01:00 pm. The Central Bank releases its Focus Report and the Ministry of development presents the balance of trade for the week. In the USA, the Commerce Department publishes the retail sales numbers, durable and non-durable good.  […]

Why struggle trying to find a winner in a downward market when you can diversify your portfolio with emerging markets? Africa’s economy isn’t the size of these economies (see pic.) combined, but surely has the potential to be.  Highest rate of return on investment in Africa is the highest in the developing world. The continent’s economic growth […]

GlaxoSmithKline (LSE:GSK) may be the perfect example of how investors should look at pharmaceutical companies differently than others.  The company share price has remained relatively unchanged in the 1450.0 areas  since 29 January, despite reporting “flat” sales for the full year ending 31 December 2012 on 06 February.  Shares have dropped modestly today by 0.90% […]

The importance of emerging and frontier markets in today’s economic climate is on the rise.  Investment security and room for growth are at the forefronts of investors’ doubtful minds. Where better place for long-term growth than emerging markets? Or better yet – frontier markets. Centamin, the Egyptian based Gold mine dropped 3% on Tuesday amid […]

MPX (BOV:MPXE3) can start to operate commercially the Thermoelectric plant near Porto do Itaqui, The news is good for anyone who has invested in MPX (BOV:MPXE3), the National Electric Energy Agency (Aneel) has authorized the beginning of commercial operation of the thermoelectric plant at the port of Itaqui.  With this approval of the Declaration of […]

Virgin Media (LSE:VMED) shares advanced by 16.48%  to 2869.00 by early afternoon after the company confirmed that it is in discussions with Liberty Global (NASDAQ:LBTYA) “concerning a possible transaction.”  It was a 406.00 pence increase. Whilst Virgin’s announcement was short and sweet, “Virgin Media confirms that it is in discussions with Liberty Global, Inc., a...

The market is suffering resistance. People can’t believe this top can be anything but the end of a great run. I can hardly believe that myself. If it is not the end of the rally, what comes next will be epic. This makes it even harder to accept there is no correction ahead. You just […]

The Australian Competition and Consumer Commission (ACCC) is taking Visa to court, alleging that the credit card company has intentionally and effectively prevented the expansion of Dynamic Currency Conversion (DCC) services throughout the Australian retail industry.  Visa has confirmed that it will vigorously defend allegations that it has “misused its market power.” Dynamic...