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Traders and tanker-owners set to cash-in, say KPMG
Oil traders and tanker-owners are set to cash-in on falling oil prices as tumbling prices have caused the market to move into a steep ‘contango’, meaning that investors are willing to pay a premium to receive oil at a later date, according…
Tech sector yet to fully benefit from Alibaba bounce, says BDO
Latest data released by BDO shows that transactions in the tech sector have cooled somewhat following the record breaking $25 billion (€21 billion) Alibaba IPO in 2014.
The firm forecast that tech IPOs will drop by 14% for the year-end…
Tesco sells binkbox and broadband to TalkTalk
TalkTalk has acquired the blinkbox Movies business and the Tesco broadband and fixed line voice base from Tesco Plc. The assets have been acquired free of debt and as a single transaction for cash. The announcement comes one day after the…
Editor’s letter – January 2015
The New Year has started with a bang, with triumphs and tribulations already being felt by the finance sector.
As year-end figures roll in from 2014, the sentiment is that the global economy is on the up. Deal activity for IPOs peaked…
UK General Election number one challenge for CFOs in 2015
Policy uncertainty at home and economic and geopolitical risks overseas are the central challenges facing Chief Financial Officers (CFOs) of the UK’s largest companies as they enter 2015. This is according to Deloitte’s latest CFO Survey,…