Finance

G20 must help financial services promote jobs and economic growth, says KPMG report

The FINANCIAL -- A new KPMG report has called for the G20 to focus on the role the financial services industry can play in creating jobs and stimulating economic growth. The report, Brisbane G20 summit: A new agenda for financial services, highlights that growth strategies already agreed by G20, such as increasing investment in infrastructure, can be accelerated by the financial sector. For ...

PwC FY 2014 global revenues increase 6% to US$34 billion

The FINANCIAL -- NEW YORK -- PwC reported total global gross revenues of US$34 billion for the fiscal year ended on 30 June 2014. Revenue growth was strong across all lines of business for all 0f ...

EY reports 2014 global revenues of US$27.4b

The FINANCIAL -- EY announced combined global revenues of US$27.4b for its financial year ended 30 June 2014, a 6.8% increase over FY13 in local-currency terms. Revenues grew 6.0% in US dollar terms, ...

WTO lowers forecast after sub-par trade growth in first half of 2014

The FINANCIAL -- WTO economists have reduced their forecast for world trade growth in 2014 to 3.1% (down from the 4.7% forecast made in April) and cut their estimate for 2015 to 4.0% from 5.3% ...

Gap Inc. Reports October And Third Quarter Sales Results

The FINANCIAL -- SAN FRANCISCO -- Gap Inc. reported that net sales for the four-week period ended November 1, 2014 were $1.26 billion compared with net sales of $1.29 billion for the four-week period ...

Globalization is recovering from financial crisis, DHL Global Connectedness Index reveals

The FINANCIAL -- Global connectedness, measured by cross-border flows of trade, capital, information and people, has recovered most of its losses incurred during the financial crisis, according to ...

adidas Group Nine Months 2014 Results

The FINANCIAL -- During the third quarter of 2014, the adidas Group continued to deliver robust top-line results, according to adidas ...

PUMA’s Third Quarter Sales Improve

The FINANCIAL -- PUMA’s 2014 third quarter sales performance was positive, as consolidated sales rose by 6.4% currency adjusted to € 843 million. This represents an increase of 3.7% in Euro ...

ICC warns enhanced tax dispute resolution mechanism needed to prevent exacerbating double taxation

The FINANCIAL -- ICC has expressed concern that the Organization for Economic Co-operation and Development (OECD) Action Plan on combating Base Erosion and Profit Shifting (“BEPS”), mandated by ...

ICC adopts new set of rules for dispute resolution in trade finance

The FINANCIAL -- The International Chamber of Commerce (ICC) Banking Commission unanimously adopted revised rules for Documentary Credit Dispute Resolution by Expertise (DOCDEX), according to ...

IMF Executive Board Approves US$5.24 million Disbursement Under the Rapid Credit Facility for Guinea-Bissau

The FINANCIAL -- The Executive Board of the International Monetary Fund (IMF) approved emergency financial assistance under the Rapid Credit Facility (RCF) equivalent to SDR3.55 million (about ...

CURRENCIES: Dollar Index Finishes Volatile Week Slightly Lower

The FINANCIAL -- NEW YORK (MarketWatch) -- The ICE U.S. dollar index finished a volatile week slightly lower Friday as investors looked ahead to data from China, the U.S. and Europe next week, ...

Big Banks Start Charging Clients for Euro Deposits -- 2nd Update

The FINANCIAL -- Several global banks have begun charging large customers to deposit their money in euros, a rare move that could have costly implications for investors and companies that do business ...

Deloitte announces record revenues of US$34.2 billion

The FINANCIAL -- New York -- Deloitte member firms (Deloitte) reported record aggregate revenues today of US $34.2 billion for the fiscal year ending 31 May 2014. In its fifth consecutive year of ...

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G20 must help financial services promote jobs and economic growth, says KPMG report

PwC FY 2014 global revenues increase 6% to US$34 billion

EY reports 2014 global revenues of US$27.4b

WTO lowers forecast after sub-par trade growth in first half of 2014

Gap Inc. Reports October And Third Quarter Sales Results

Globalization is recovering from financial crisis, DHL Global Connectedness Index reveals

adidas Group Nine Months 2014 Results

PUMA’s Third Quarter Sales Improve

ICC warns enhanced tax dispute resolution mechanism needed to prevent exacerbating double taxation

ICC adopts new set of rules for dispute resolution in trade finance

IMF Executive Board Approves US$5.24 million Disbursement Under the Rapid Credit Facility for Guinea-Bissau

CURRENCIES: Dollar Index Finishes Volatile Week Slightly Lower

Big Banks Start Charging Clients for Euro Deposits -- 2nd Update

Deloitte announces record revenues of US$34.2 billion

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