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2015

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New Global Context to take 10 global challenges

20th January 2015
Over 40 heads of state and government, as well as 2,500 other leaders from business and society will convene at the 45th World Economic Forum Annual Meeting, from 21 to 24 January 2015 in Davos-Klosters, Switzerland, to discuss The  New Global Context. This context consists of 10 global challenges affecting the world today: environment and […]
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WEF takes action on cyberthreats

20th January 2015
The World Economic Forum and its partners have developed a new way for organisations to calculate the impact of cyberthreats. The framework, called ‘cyber value-at-risk’ comes at a time when cyberattacks are increasing in velocity and intensity, and when 90% of companies worldwide recognise they are insufficiently prepared to protect themselves against them. “Continuous cyberattacks […]
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Public opinion to spark debate at WEF 2015

20th January 2015
The public will get to have their say on burning issues related to the global economy, business, politics and civil society during this year’s World Economic Forum Annual Meeting 2015, taking place in Davos, Switzerland this week. Best Dental Clinic In Dubai Open Forum Davos 2015 will open its doors to the general public from […]
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Businesses needs to work hard to attract new talent

19th January 2015
Business should focus on people and purpose, not just products and profits according to Deloitte Touche Tohmatsu Limited's (Deloitte Global) fourth annual Millennial survey. This and other findings from the survey suggest businesses, particularly in developed markets, will need to make significant changes to attract and retain the future workforce. Deloitte Global surveyed 7,800 graduates […]
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Increased operating costs putting strain on SMEs

16th January 2015
More than half (59%) of small and medium sized businesses across the UK are experiencing increased operating costs, and of that figure, 58% say it is having a negative impact on their cash flow. The figures come from the Close Brothers Business Barometer, a quarterly survey of UK SME owners and senior management. Of those […]
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Swiss Franc breaks from euro peg

16th January 2015
The Swiss National Bank (SNB) put European financial markets in a spin yesterday when it announced it would no longer be pegging its currency, the Swiss Franc, to the euro. SNB is discontinuing the minimum exchange rate of CHF 1.20 per euro. The banking institution said that it was taking the step to counteract devaluation […]
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2014 record year for M&A transactions

16th January 2015
2014 proved a record year in terms of mergers and acquisitions (M&A) activity, according to data from Deloitte. The firm stated that high M&A deal values made an emphatic return in 2014, particularly in the healthcare, TMT and consumer products sectors. In the first three quarters of 2014, companies spent US$2.5 trillion (€2.1 trillion) on […]
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Industry calls for a global capital standard for insurers

15th January 2015
The recent release by the International Association of Insurance Supervisors (IAIS) of its consultation paper on a risk-based global insurance capital standard (ICS) is the latest instalment in a multi-year programme towards developing a global standard. However, while this is one step closer to having a clear standard that global insurers can adopt, further regulatory […]
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Dark Data the new challenge for financial services in 2015

15th January 2015
Financial services firms are facing a new challenge – dark data management, according to Harald Collet, Global Head of Bloomberg Vault, Bloomberg’s cloud-based data management offering. He claims that the financial services industry is turning a corner from simply trying to tackle data management, to trying to derive more value from the data firms collect […]
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Argentina needs to do more to fight foreign bribery, says OECD

14th January 2015
The Organisation for Economic Co-operation and Development (OECD) Working Group on Bribery has said it doubts Argentina’s commitment to fighting foreign bribery after completing a report on the country’s implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments. Argentina still has no law to punish companies […]
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FCA announces further UK regulations

14th January 2015
The Financial Conduct Authority (FCA) has announced it will regulate seven additional major UK-based financial benchmarks in the fixed income, commodity and currency markets from 1 April 2015. This extends the FCA’s initial regulation of LIBOR (the London Interbank Offered Rate), as introduced by HM Treasury in 2013. Martin Wheatley, Chief Executive of the FCA, […]
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UK economy could benefit from ‘good deflation’, says Cebr

14th January 2015
The UK economy edged closer to deflation as annual growth of the consumer price index (CPI) fell from 1% in November to just 0.5% in December, according to data released by the Office for National Statistics yesterday. This is the joint lowest rate of CPI inflation on record, equal with 0.5% seen in May 2000. […]
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