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Apple posts world’s biggest quarterly profit
US technology giant Apple has broken records once again, this time posting the biggest every quarterly profit of any public company worldwide. The company posted quarterly revenue of $74.6 billion (€65.8 billion) and record quarterly net…
European market must brace for Greek-led volatility
Investors can expect “Greek-led volatility” for six months according global independent financial advisory organisations. Greece elected anti-austerity party Syriza in its general election at the weekend. Syriza has formed a coalition…
Greek election result presents a financial paradox
Further change is on the cards for Europe, following the win by the Syriza party in the Greek national elections. The left-wing party has always pledged to end the country’s austerity programme, yet has announced its desire to remain in the…
CSR should drive business, says energy giant
The erosion of public trust in big business has changed the landscape for finance leaders, according to Gregor Alexander, Finance Director for British energy company SSE.
“Once there used to be a trade-off between making money in the…
Merkel: urgent fiscal reform needed in Europe
Germany’s Chancellor, Angela Merkel, called for urgent fiscal reform in Europe at a special session at yesterday’s World Economic Forum Annual Meeting. Whatever the decision of the European Central Bank (ECB) on quantitative easing, she…
BRICS countries have long-term potential
Ministers, industrialists and academics from the BRICS countries delivered a strong message of long-term potential economic growth for their countries at a panel session at yesterday’s World Economic Forum, in Davos, Switzerland. The…
WEF 2015: Quantitative easing is not enough
Europe needs quantitative easing but that monetary policy alone will not restore growth and jobs to the region, that’s according to a panel debate of business leaders and policy-makers, held at the World Economic Forum in Davos,…
