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heraldscotland
Hong Kong overtakes US at top of global competitiveness rankingsHONG Kong has overtaken the USA to become the world’s most competitive area wit
Hong Kong overtakes US at top of global competitiveness rankings
heraldscotland / Posted a minute ago
HONG Kong has overtaken the USA to become the world’s most competitive area with the UK retaining a top 20 ranking well behind several smaller countries including Ireland, a closely-watched study has found. In the latest annual World Competitiveness... Read more
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heraldscotland
Alliance Trust back on political radar as takeover threat emergesOne leading analyst said yesterday it “makes pretty good sense” and could attra
Alliance Trust back on political radar as takeover threat emerges
heraldscotland / Posted a minute ago
One leading analyst said yesterday it “makes pretty good sense” and could attract other potential bidders for the trust. First Minister Nicola Sturgeon last year gave her backing to Alliance in its battle with US hedge fund Elliott Advisors, and... Read more
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TheBull
NAB raises $750 of capital through hybridsNational Australia Bank aims to raise about $750 million in fresh capital from
NAB raises $750 of capital through hybrids
TheBull / Posted 2 minutes ago
National Australia Bank aims to raise about $750 million in fresh capital from the sale of hybrid notes. The $100 notes are expected to offer an annual return of 4.95-5.10 per cent above the 90-day bank bill rate and, after floating on the... Read more
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TheBull
Japanese yen set to weaken substantially With UK and US markets closed overnight, Asian markets will be looking to Eur
Japanese yen set to weaken substantially
TheBull / Posted 2 minutes ago
With UK and US markets closed overnight, Asian markets will be looking to Europe for leads today. Back-to-back monthly gains in Eurozone economic confidence helped see the main indices push higher into... Read more
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TheBull
Confidence falls on concerns about outlookConsumer confidence has dropped amid growing concerns about the economic outloo
Confidence falls on concerns about outlook
TheBull / Posted 2 minutes ago
Consumer confidence has dropped amid growing concerns about the economic outlook, possibly triggered by the federal election campaign. The ANZ-Roy Morgan consumer confidence index dropped 2.2 per cent last week, partially reversing 3.6 per cent rise... Read more
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TheBull
HNA Group buys stake in Virgin AustraliaVirgin Australia has formed a strategic commercial alliance with China's larges
HNA Group buys stake in Virgin Australia
TheBull / Posted 2 minutes ago
Virgin Australia has formed a strategic commercial alliance with China's largest private airline operator HNA Group to boost its presence in the rapidly growing Chinese travel market. As part of the alliance, HNA Group will take a 13 per cent stake... Read more
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heraldscotland
Homeowners want perfect home complete with Aga cooker and hot tubThe tastes of Scottish homeoners have been revealed in new research by estate a
Homeowners want perfect home complete with Aga cooker and hot tub
heraldscotland / Posted 2 minutes ago
The tastes of Scottish homeoners have been revealed in new research by estate agents Strutt and Parker, who analysed trends in the housing market with a large-scale survey of more than 1,000 customers. Researchers found that more than half want to... Read more
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heraldscotland
Thames Water eyes growth in business market in ScotlandTHAMES Water’s business supply division has moved from Edinburgh to a bigger ba
Thames Water eyes growth in business market in Scotland
heraldscotland / Posted 2 minutes ago
THAMES Water’s business supply division has moved from Edinburgh to a bigger base in Linlithgow, West Lothian, as the company mounts what it calls a major growth drive in Scotland. Thames Water Commercial Services said it supplies services on 1,300... Read more
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heraldscotland
Foreign investors taking over Scotland's whisky distilleriesBruichladdich, on the Isle of Islay, was taken over by French company, Remy Coi
Foreign investors taking over Scotland's whisky distilleries
heraldscotland / Posted 3 minutes ago
Bruichladdich, on the Isle of Islay, was taken over by French company, Remy Cointreau, in 2012 for £58 million whilst private equity group Exponent bought the Loch Lomond Distillery Company's assets in 2014. Despite the fall in the number of... Read more
3m
Daily Maverick
Union Capture: Would the real elephant in the room blinkMichael Kahn is a policy analyst who was a member of the task team that drafted
Union Capture: Would the real elephant in the room blink
Daily Maverick / Posted 3 minutes ago
Michael Kahn is a policy analyst who was a member of the task team that drafted the 1993 ANC Policy Framework for Education and Training, and was adviser to Minister Kader Asmal over 1999-2002. Michael Kahn is a policy analyst who was a member of... Read more
4m
Stamford Advocate
Struggling energy companies are getting money from an unlikely sourceBanks have been pulling back from lending to energy companies. Hedge funds and
Struggling energy companies are getting money from an unlikely source
Stamford Advocate / Posted 4 minutes ago
Banks have been pulling back from lending to energy companies. Hedge funds and buyout firms have been stepping in to the void. The oil price is down more than 50% since mid-2014, and banks are less eager to lend to struggling oil companies.... Read more
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Stamford Advocate
LinkedIn's billionaire founder Reid Hoffman shares advice on how to build a stronger networkReid Hoffman, the billionaire cofounder of LinkedIn, is one of the most success
LinkedIn's billionaire founder Reid Hoffman shares advice on how to build a stronger network
Stamford Advocate / Posted 4 minutes ago
Reid Hoffman, the billionaire cofounder of LinkedIn, is one of the most successful and respected people in Silicon Valley. But even Hoffman has regrets in his career and says he would have done one thing differently if he had a chance to go back:... Read more
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The Economic Times
Mission Qatar: Pact on sharing information on terror financingNEW DELHI: It will not just be an investment treaty from gas-rich Qatar that
Mission Qatar: Pact on sharing information on terror financing
The Economic Times / Posted 4 minutes ago
NEW DELHI: It will not just be an investment treaty from gas-rich Qatar that will dominate PM Narendra Modi's trip to Doha on June 4-5 as the two countries hope to conclude a pact on 'information sharing on terror financing' amid rising expanse of... Read more
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The Economic Times
Hedge funds ditch gold, blame it on Janet YellenAfter a roaring start to the year, the excitement over bullion has dissipated t
Hedge funds ditch gold, blame it on Janet Yellen
The Economic Times / Posted 4 minutes ago
After a roaring start to the year, the excitement over bullion has dissipated this month on increasing expectations that the Federal Reserve is getting ready to raise US interest rates again as the economy improves. Last week, money managers who... Read more
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The Economic Times
Indian startups can test their technology ideas in true gangnam style"Over the last three to four years we have shifted focus to globalisation and e
Indian startups can test their technology ideas in true gangnam style
The Economic Times / Posted 4 minutes ago
"Over the last three to four years we have shifted focus to globalisation and establishing an open ecosystem for the Korean startups. With a population which is an early adapter of technology we want global startups to look at Korea as a testing bed... Read more
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The Economic Times
PM Narendra Modi to seek support for NSG membership during his five-nation tourNEW DELHI: Prime Minister Narendra Modi will begin his five-nation tour later
PM Narendra Modi to seek support for NSG membership during his five-nation tour
The Economic Times / Posted 4 minutes ago
NEW DELHI: Prime Minister Narendra Modi will begin his five-nation tour later this week, which will include Switzerland , where he will push for effective bilateral mechanism to share tax-related information in keeping with the BJP government's... Read more
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The Economic Times
National Survey soon to get clear picture on household savings"We need to have a direct estimation of household savings and there is no dat
National Survey soon to get clear picture on household savings
The Economic Times / Posted 4 minutes ago
"We need to have a direct estimation of household savings and there is no data on this at present," a government official privy to the development said, requesting not to be identified. "We do get data from the Reserve Bank of India and financial... Read more
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The Economic Times
Government rolls back decision to apply 1% TCS on cash purchase of gold jewelleryThe decision comes at a time when jewellers are finding it difficult to offload
Government rolls back decision to apply 1% TCS on cash purchase of gold jewellery
The Economic Times / Posted 4 minutes ago
The decision comes at a time when jewellers are finding it difficult to offload their inventory that piled up following a 42-day strike — in protest against imposition of 1% excise duty on gold and diamond jewellery — that ended unsuccessfully in... Read more
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The Economic Times
Government announces rules for equalisation levyNEW DELHI: The government on Monday announced rules for equalisation levy — or
Government announces rules for equalisation levy
The Economic Times / Posted 4 minutes ago
NEW DELHI: The government on Monday announced rules for equalisation levy — or 'Google tax' for taxation of payments for international digital services by India . businesses — that was introduced in the budget. The specified services covered by the... Read more
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The Economic Times
Farm output, private consumption key economic growth drivers this fiscal"We expect growth to improve to 7.8% year-on-year this fiscal year (2016-17) fr
Farm output, private consumption key economic growth drivers this fiscal
The Economic Times / Posted 4 minutes ago
"We expect growth to improve to 7.8% year-on-year this fiscal year (2016-17) from 7.5% last year," the Swiss bank said in a report. "This recovery will likely be a gradual one with agriculture and private consumption leading the way but corporate... Read more
4 related stories
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The Economic Times
Reliance Communications Q4 net profit dips 22% to Rs 177 croreNEW DELHI: Reliance Communications posted a 22% fall in fourth-quarter net p
Reliance Communications Q4 net profit dips 22% to Rs 177 crore
The Economic Times / Posted 4 minutes ago
NEW DELHI: Reliance Communications posted a 22% fall in fourth-quarter net profit as revenue declined and expenses climbed. The Anil Ambani-controlled company reported a profit of Rs 177 crore in the three months ended March, compared with Rs 228... Read more
14 related stories
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The Economic Times
‘SoftBank’s India investments may cross $10-billion mark in 10 years"We have already invested $2 billion and we are interested in investing more,"
‘SoftBank’s India investments may cross $10-billion mark in 10 years
The Economic Times / Posted 4 minutes ago
"We have already invested $2 billion and we are interested in investing more," he said. Son said they are looking at further increasing the pace of investments. "We also made a first move on solar energy. We are making $350 million investment in... Read more
28 related stories
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The Economic Times
Infibeam passes its first market test, reports small profit in maiden showAHMEDABAD: India's first listed ecommerce player Infibeam Incorporation , cam
Infibeam passes its first market test, reports small profit in maiden show
The Economic Times / Posted 4 minutes ago
AHMEDABAD: India's first listed ecommerce player Infibeam Incorporation , came out with its maiden results after getting listed this April. The company's major boost came from its service revenue growth. Infibeam also announced to make investment... Read more
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The Economic Times
World Bank to change classification of countries; India will now be called ‘lower-middle income’By Kiran Somvanshi MUMBAI: For decades, 'developed' and 'developing' have serve
World Bank to change classification of countries; India will now be called ‘lower-middle income’
The Economic Times / Posted 4 minutes ago
By Kiran Somvanshi MUMBAI: For decades, 'developed' and 'developing' have served as agreeable economic nomenclatures to classify countries based on their prosperity and standards of living. That's about to change, with the World Bank switching to... Read more
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The Economic Times
India chasing free trade agreements with Israel, Gulf & EurasiaNEW DELHI: India is eyeing trade deals with the European Union, Israel , Gulf
India chasing free trade agreements with Israel, Gulf & Eurasia
The Economic Times / Posted 4 minutes ago
NEW DELHI: India is eyeing trade deals with the European Union, Israel , Gulf countries and Eurasian region to deepen its trading engagement and revive exports, commerce and industry minister Nirmala Sitharaman has said. Highlighting her... Read more
2 related stories
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Calculated Risk
Personal Income and Outlays, Case-Shiller House Prices, Chicago PMITuesday: • At 8:30 AM ET, Personal Income and Outlays for April. The consensus
Personal Income and Outlays, Case-Shiller House Prices, Chicago PMI
Calculated Risk / Posted 5 minutes ago
Tuesday: • At 8:30 AM ET, Personal Income and Outlays for April. The consensus is for a 0.4% increase in personal income, and for a 0.7% increase in personal spending. And for the Core PCE price index to increase 0.2%. • At 9:00 AM,... Read more
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WA Today
ASX's holding patternDiscounter Aldi is now Australia's most profitable supermarket retailer and is
ASX's holding pattern
WA Today / Posted 7 minutes ago
Discounter Aldi is now Australia's most profitable supermarket retailer and is set to reach "tipping point", grabbing a bigger share of the main grocery shop and significantly disrupting the Coles and Woolworths duopoly. According to a major report... Read more
9 related stories
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WA Today
Satyajit Das says the big four banks are more vulnerable than they appearIf Australia is an economic miracle, with more than 25 years uninterrupted grow
Satyajit Das says the big four banks are more vulnerable than they appear
WA Today / Posted 7 minutes ago
If Australia is an economic miracle, with more than 25 years uninterrupted growth, then its banks are its most visible sign of strength. After a near-death experience in the 1990s, they've reformed and bounced back dramatically: returns on equity... Read more
4 related stories
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WA Today
Virgin Australia sells stake to China's HNA Aviation GroupVirgin Australia will team up with China's largest private airlines operator in
Virgin Australia sells stake to China's HNA Aviation Group
WA Today / Posted 7 minutes ago
Virgin Australia will team up with China's largest private airlines operator in a deal it says will help it capitalise on the growing Chinese travel market. HNA Aviation Group and Virgin will introduce direct flights between Australia and a number... Read more
4 related stories
11m
Connecticut Post
LinkedIn's billionaire founder Reid Hoffman shares advice on how to build a stronger networkReid Hoffman, the billionaire cofounder of LinkedIn, is one of the most success
LinkedIn's billionaire founder Reid Hoffman shares advice on how to build a stronger network
Connecticut Post / Posted 11 minutes ago
Reid Hoffman, the billionaire cofounder of LinkedIn, is one of the most successful and respected people in Silicon Valley. But even Hoffman has regrets in his career and says he would have done one thing differently if he had a chance to go back:... Read more
3 related stories
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