US News

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 […]

Everyone knows that the markets drooped following Wednesday’s U.S. Federal Reserve update from Ben Bernanke.  You should also know by now that I am a big-picture kind of guy, but when one observes from the 30,000 foot level, one also misses some of the details that, on any other day, would be major headlines.  For […]

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 […]

“The world is changing” – one of the lines in one of the many Japanese anime that touches the state of global affairs and a few hours ago the world has witnessed the announcementof a landmark deal from four of the most powerful persons in the world – the President of the United States of the […]

Japanese stocks weaken, as the yen begins to strengthen against the U.S. dollar. Last week, the Nikkei 225 index fell by more than 6.5% and this has allowed it to get into very bearish, so we could see further declines in the coming days. Because of this, the yen has started to strengthen against the […]

Listing has raised a total of approximately €62 million/$80 million. BioAmber Inc, a sustainable chemicals company, celebrated its first day of trading as a dual listed company on NYSE Euronext (NYX) markets in Europe and the United States this week by ringing the Opening Bell in Paris. Founded in 2008, BioAmber is a sustainable chemicals […]

Public Accounts Committee describe Google’s tax arguments “deeply unconvincing”. A group of senior Members of Parliament have criticised Google over their avoidance of UK corporation tax. The Public Accounts Committee’s report into Google’s tax avoidance argued that the company “relies on the deeply unconvincing argument that its sales to UK clients take...

If you are impressed with the performers on ‘Britain’s Got Talent,’ wait until you see the stars that Glencore Xstrata (LSE:GLEN) is bringing the to stage!  The Company’s share price, which has lagged since the merger, was up modestly this morning by 0.48% to 303.95, a 1.45 pence increase. As predicted back in April, many […]

Seeking expansion in the United States. LightInTheBox, a leading global online retailer based in Beijing, China, opened for trading on the New York Stock Exchange (NYSE) under the ticker symbol “LITB” after an initial public offering of its American depositary shares. Knight Capital Group is the Designated Market Maker (DMM) for the company’s American depositary […]

After all the recent fear and uncertainty that markets’ upcoming monthly ‘fixes’ might be reduced due to the dealer restricting supply on improved economic/labour market outlook, the major piece of data used to decide supply (NFP) came in at a level which was OK but neither good enough to intensify fears of restricted supply nor […]