The Confederation of British Industry said they are campaigning for a reformed European Union for British interests.
Industry
Financial advisers make use of social media for business
Social media is utilized by financial advisers to connect with managers and prospective clients. In a report by Zurich Financial Services Australia, the number of financial advisers using social media has increased.
GE embraces crowdfunding with OurCrowd partnership
GE Ventures entered the crowdfunding arena by partnering with the OurCrowd platform. GE Ventures embraced crowdfunding today by partnering with OurCrowd, an Israeli crowdfunding platform.
UBS AG and Credit Suisse Group AG may need to downsize with higher ratios
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
Edmond de Rothschild closes BioDiscovery 4 Fund
Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.
Latest News
The president of the Federal Reserve Bank of Dallas has called out the US leadership on its continued gridlocks in a speech held in Sydney, Australia.
Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.
Boming Cheng, the President of Citic Securities Co, said IPOs could resume again in China after a Chinese Communist Party meeting.
Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.
PricewaterhouseCoopers is set to assess the 'gogreen' policy and its implementation in the Indian telecommunications industry.
Hoteliers in UAE are in conflict as to the recommendation to impose a price ceiling on hotel rates. A hotelier in Dubai had called for the UAE tourism authority to introduce a ceiling on hotel rates to control the market.
Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.
WalMart, Sears, Macy's and other retailers are now doing their best to increase sales for the coming Christmas season.
Daylight Savings Time was meant to conserve energy, but it creates more losses in the US economy. WIth temperatures falling and landscapes needing less tending, these are the reminders that daylight savings time would be coming to an end by Sunday.
