Xavier Rolet, CEO of London Stock Exchange said that startup companies in United Kingdom need support to scale up. In order to make a leap from SME into a large cap business.
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Cesar Purisima bags sixth ‘Finance Minister of the Year’ award
Finance Secretary Cesar V. Purisima has done the Philippines proud once again by bagging the 'Finance Minister of the Year' award this year as well. This would be Purisima's second award in a row from FinanceAsia and his sixth in total over his six-year tenure under the Aquino administration.
Gauteng, Economic Hub of South Africa, Contributes 35% To The National Economy
Global economic crisis has affected value of South African currency immensely. Amid such economic hardships, Gauteng province has recorded growth above the national average and 35% contribution towards national economy. Gauteng province premier, David Makhura has revealed the information while delivering his State of The Province Address.
Change in Starbucks Rewards Program Makes it Harder to Earn Points and Free Item
Flustered customers complain about the change in the Starbucks Rewards Program. Starting April, points or stars can be earned based on the purchase and not on the visits that customers make. The coffee restaurant said that the change came from the No. 1 request among the loyalty program members.
US Labor Department Orders Fenox to Pay Back-Wages To 56 Mislabeled Interns
Businesses in the US are in a common practice to to classify workers as interns in order to pay them well below minimum wage or nothing at all. Detection of such practice from a venture fund provider appears to be the first of its kind since US Department of Labor accuses Fenox with the malpractice. The regulator has instructed Fenox to pay back-wages to 56 so-called interns.
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Hong Kong Financial Secretary John Tsang to deliver annual fiscal budget. Hong Kong is predicted to announce surplus while still holding on to conventional approach.
Van Diemen's Land Company has been acquired by the Chinese business man Lu Xianfeng and his company Moon Lake. The country's approval of the dairy farm's sale to a foreign firm was made possible with certain conditions that the Moon Lake needs to comply with, especially with the taxation policies.
Audi is going to hit the market with an ultra version of the quattro, A4 Allroad quattro, during the middle of this year. The new quattro is capable of cutting friction losses and is believed to improve emissions and efficiency. It will be the first ever Audi to feature the ultra version of the quattro system.
Asia has been a growing market for startup companies and venture capital deal. However, as U.S. venture capital faces a slowdown and overblown valuation, will Asia also experience the same?
AT&T on Monday announced its intention to spend about $10 billion in order to provide its "integrated solutions" for enterprises globally. The company is also testing its 5G broadband services at enterprises and homes.
British currency suffered the biggest drop in one day, triggered by speculation Britain to leave. While Prime Minister Cameron stressed the importance of United Kingdom to stay in the EU.
Richard Branson's Virgin Galactic venture unveiled a new passenger spacecraft on Friday, nearly 16 months after a fatal accident destroyed its sister ship during a test flight over California's Mojave Desert.
2015 appears as the most successful business year ever from RES context. It has touched several milestones while being acknowledged as the Best of VMworld 2015 Europe. The browser extension provider has received $10 million from ORIX Ventures to accelerate its penetration into the emerging market.
An arrest of Paul Aker, a Houston man with more than $1,500 student loan granted almost 30 years ago, received a lot of attention from the U.S citizens and media. Typically, someone can’t get arrested simply for failing to pay the student loan, but an arrest of someone with a student debt could happen under one condition when the person failed to obey a court order to show up regarding the matter.
