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Initial Reaction To The Terrorist Attack Near Parliament
Wednesday, March 22, 2017 - 2:38pm | 316Read More...London police have confirmed a terrorist attack has resulted in the deaths of four people. According to The Guardian, one police officer and two others have been killed along with the terrorist near the front yard of the parliamentary compound. A terrorist drove a car into pedestrians on the iconic...
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The Most Expensive Properties In The World
Thursday, March 2, 2017 - 2:23pm | 340Read More...Got a cool million bucks laying around? Looking to buy property in an exotic location? If so, this article is geared toward you. But for those who don't have a million bucks, this will still be of interest, too. Statista used data from Knight Frank and detailed what one million dollars can buy...
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New York City Could Emerge As The Big Winner From Brexit
Tuesday, October 18, 2016 - 8:37am | 399Read More...London is regarded to be the most important financial center in the world, but the outcome of the Brexit vote in late June could pose a risk to the city's status. According to Bloomberg, if London's financial sector is damaged by Brexit, professionals are more likely to flock across the pond to New...
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With UK Property Funds Collapsing, House Price Expectations Join In
Thursday, July 14, 2016 - 11:10am | 376Read More...London's property prices are collapsing as the over-leveraged day-traded funds liquidate their prime holdings to meet investor redemption calls. As Financial Times reported, property prices in London are falling thanks to a mass liquidation of assets in the wake of Brexit investor worry. On...
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Post-Brexit, Save Over $100 Daily On A Visit To London
Thursday, July 7, 2016 - 10:08am | 350Read More...London is one of the most expensive cities in the world to live in and visit. According to the UK-based Telegraph, London ranked the sixth most expensive city in the world — its highest level on the "Worldwide Cost of Living" survey since 2007, when it ranked third at that time. However, it...
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London Fintech Companies See Bleak Outlook Following Brexit
Tuesday, July 5, 2016 - 2:37pm | 296Read More...The Brexit voting outcome has some of London's hottest fintech companies worried, at least according to a report by Finextra. Finextra cited a survey by Innovate Finance, in which 100 companies were asked to give their business outlook post-Brexit vote. One of the highlighted concerns was the...
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Is London's Coveted Title As Europe's Most Important Financial Hub Up For Grabs?
Friday, July 1, 2016 - 2:03pm | 291Read More...London was considered to be not only to be Europe's most important financial hub but according to some studies, the world's most important financial center. Now that the United Kingdom has voted to separate itself from the European Union, London's coveted status is now in question. According to the...
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London's Tech Sector Thinks Brexit Will Be A Disaster
Friday, June 17, 2016 - 11:00am | 289Read More...The British people will vote next week in a national election to decide the country's fate within the European Union. The vote, dubbed "Brexit," will ask the people if they want Britain to remain a member of the European Union or not. Recent polls suggest a vote to leave the EU is currently winning...
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Uber Launches Meal Delivery Initiative UberEATS In 2 European Cities
Thursday, June 16, 2016 - 12:11pm | 199Read More...UberEATS, a meal delivery service app from Uber is now available in London and Paris, in addition to 15 other cities across the world, according to a Reuters report. The service, which launched in London on Thursday, works similarly to the ride-hailing parent company in that users can order food at...
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Citigroup Says Actavis Is Now Worth $360 Per Share (And It's A Buy)
Wednesday, March 11, 2015 - 9:10am | 227Read More...In a report published Tuesday, Citigroup analyst Liav Abraham commented on a recent meeting with Actavis plc's (NYSE: ACT) senior management team in London that increased his confidence in a "swift and successful" integration of Allergan, Inc. Abraham noted that key growth...
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FDIC Sues Big Banks For Rigging Interest Rates
Monday, March 17, 2014 - 1:44pm | 607Read More...Sixteen of the world’s largest banks were sued Friday by the Federal Deposit Insurance Corporation (FDIC) for fixing the London interbank interest rate (Libor). According to the FDIC, the move cost smaller, failed American banks such as Washington Mutual, IndyMac and Colonial money. Bloomberg...
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London Gold Price 'Fix' May Be Fixed, Say Researchers
Tuesday, March 4, 2014 - 11:32am | 643Read More...The benchmark used to set the price of gold in London, known as the gold fix, may have been manipulated for 10 years by banks, according to Bloomberg. Professor Rosa Abrantes-Metz of New York University’s Stern School of Business and Albert Metz, managing director at Moody’s, said in a draft...
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Additional AOL Patch Local News Sites Lose Staff
Thursday, October 17, 2013 - 2:31pm | 581Read More...AOL (NYSE: AOL) owned hyper-local news website, Patch, which had 1000 writers working in 900 national locations in December 2012, is now down to 14 designated market areas (DMAs). New Patch CEO Bud Rosenthal outlined the move in a memo Wednesday morning reported on Poynter. Rosenthal said the...
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Two Dead Bankers – Is Work-Related Stress Part of the Problem?
Friday, August 30, 2013 - 3:02pm | 528Read More...Two bankers – both dead - each from a different cause. But, is there a common thread in the form of work-related stress? Moritz Erhardt, a summer intern with Bank of America (NYSE: BAC) in London was found unconscious in his apartment on Aug. 15. He was pronounced dead at the scene and police...
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Russia Bans Monsanto's Modified Corn
Wednesday, September 26, 2012 - 9:06am | 428Read More...Russia has banned the import and sale of Monsanto's (NYSE: MON) genetically modified corn after a scientific report last week revealed that the company's Roundup Ready® genetically modified corn developed cancer in both male and female rats in lab tests. Russian consumer watchdog Rospotrebnadzor...















