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172 words • advanced • 3 years, 1 month ago
business
"Oil and gas firms in the UK can dive into a £20 billion reservoir by tightening up on their working capital, new research has suggested. Accountancy giant PwC said that with no sign of an oil price rebound in sight, exploration and production compa..."
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908 words • advanced • 3 years, 7 months ago
"Zhou Xiaochuan, governor of the People’s Bank of China. Getty Images Will the U.S. back China’s latest bid to make the yuan a global currency? It may not really matter. Washington’s veto-power at the International Monetary Fund may not apply when t..."
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125 words • intermediate • 2 years, 10 months ago
business
"So far, in our Principles of Macroeconomics class at MRUniversity weve covered GDP (how it is calculated, nominal versus real, GDP as a measure of the standard of living etc.). We have also covered the basic facts about differences in income both acr..."
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514 words • advanced • 3 years, 1 month ago
business
"Washington (AFP) - IMF experts recommended Friday that the Chinese yuan be included in the Fund's SDR basket of currencies, backing a strong push by Beijing to join the elite grouping.Now the world's second-largest economy, China asked last year for ..."

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140 words • intermediate • 3 years, 3 months ago
business
"WASHINGTON (AP) — U.S. services companies expanded at a healthy pace in August, lifted by robust consumer spending resulting from steady job gains.The Institute for Supply Management says that its services index slipped to 59 from 60.3 in the previou..."
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137 words • intermediate • 2 years, 5 months ago
sales
"Los Angeles-Christina Aguilera is to donate proceeds from her new single to the Orlando shooting victims and their families. Aguilera said: “The horrific tragedy that occurred in Orlando continues to weigh heavily on my mind. ” “I am left wonde..."
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"While the French still produce and consume the most wine per capita,Japan iscontinuing to grow as one of the biggest wine markets in the world and they're not afraid to show their passion for the beverage. It's one thing to drink wine, but it's ano..."

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234 words • intermediate • 3 years, 1 month ago
business
"Russia says it will likely deplete one of its two rainy day funds by the end of next year as it tries to plug the state deficit amid the economic downturn. The economy fell into recession this year for the first time since 2009 due to Western sancti..."
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239 words • advanced • 2 years, 10 months ago
business
"Thomson ReutersCitigroup has made a change at the top of its Europeanresearch business. Terence 'Terry' Sinclair, the former head of research in Europe, the Middle East and Africa, is moving to a new role, according to people familiar with the matter..."

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196 words • advanced • 2 years, 5 months ago
startups, finance, business
"The Monetary Authority of Singapore (MAS) announced Wednesday that it will be including its renminbi (RMB) financial investments as part of its Official Foreign Reserves (OFR) from June 2016 onwards. This move recognises the steady and calibrated li..."
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456 words • advanced • 3 years, 8 months ago
"China wants its yuan currency used more widely around the world to challenge the dollar’s hegemony. Agence France-Presse/Getty Images   American strategic economic leadership, to an unappreciated extent, rests on the central role the dollar plays i..."
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481 words • intermediate • 2 years, 10 months ago
sales
"Many people freely duplicate or copy software not realising that this is illegal and could lead to prosecution. When running a small business it is vital that we all stay within the law by purchasing legal software. This Guide explains the world of s..."
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190 words • advanced • 3 years, 2 months ago
business
"Mark Green Posted July 29, 2015 The current crude oil export debate basically is about global competition – and whether the United States will stop sanctioning itself and let an American commodity trade freely on the global market. An irony – w..."

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743 words • advanced • 3 years ago
business
"Washingtong – The International Monetary Fund admitted China’s yuan into its benchmark currency basket on Monday, in a victory for Beijing’s campaign for recognition as a global economic power. The decision to add the yuan, also known as the renminbi..."

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451 words • advanced • 2 years, 11 months ago
business
"China's Yuan Falls Sharply Offshore Thursday China's Yuan Falls Sharply Offshore Thursday 01/14/2016 HONG KONG—China's yuan fell sharply in early trade in the offshore market Thursday, wiping out some of the gains made earlier this week when the..."
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696 words • advanced • 3 years, 1 month ago
business
"BEIJING (AP) — President Xi Jinping said Tuesday that China needs at least 6.5 percent economic growth in coming years to raise living standards and become "moderately prosperous." The ruling Communist Party also announced plans to let the country's ..."
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211 words • intermediate • 2 years, 5 months ago
business
"MILAN (Reuters) - JPMorgan Chase & Co could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the European Union after last month's Brexit vote, bank CEO Jamie Dimon told an Ita..."
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257 words • intermediate • 2 years, 8 months ago
business
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Negative Interest Rates” A negative interest ...
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451 words • advanced • 2 years, 11 months ago
business
"China's Yuan Falls Sharply Offshore Thursday China's Yuan Falls Sharply Offshore Thursday 01/14/2016 HONG KONG—China's yuan fell sharply in early trade in the offshore market Thursday, wiping out some of the gains made earlier this week when the..."
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347 words • advanced • 3 years, 1 month ago
sales
"Don’t laugh now, but as the dengue epidemic continues to take its toll, a cure has been found, contained in a capsule containing the essence of a weed that goes by the hilarious name of tawa-tawa. From every 100 kilos of leaves, stem, and roots, only..."
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