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MahiFX new FX Trading Platform
MahiFX vision, values, technology and functionality combine to offer retail FX investors enhanced trading experience.
MahiFX, the new proprietary-built foreign exchange (FX) trading platform, was officially unveiled at a launch held on the 2nd February at 30 St. Mary Axe in the City of London. The MahiFX browser-based platform will open for trading to retail FX investors on the 20th February. [Read more...]
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Worldwide Construction
The situation of companies in the construction sector closely reflects the world, regional and national economic trends. At a time when the world economy is characterized by divergences between countries, with a recession in the euro zone, there are significant disparities between countries and subsectors. The construction sector was badly hit by the 2009 crisis, and a large number of payment incidents were still occurring in 2011. [Read more...]
EU leaders struggle
European leaders struggled to reconcile austerity with growth on Monday at a summit due to approve a permanent rescue fund for the euro zone and put finishing touches to a German-driven pact for stricter budget discipline. [Read more...]
600 million jobs needed
The world needs to create 600 million new jobs over the next decade to sustain economic growth and maintain social stability, the United Nations International Labour Organization (ILO) said in its annual report on global employment unveiled today. [Read more...]
Rio Tinto
Rio Tinto has extended its offer, made through an indirect wholly-owned subsidiary, to acquire all the common shares of Hathor for C$4.70 in cash per common share until 5:00 pm (Toronto time) on 22 December 2011. The offer has been extended to allow the remaining Hathor shareholders sufficient time to tender their common shares to Rio Tinto’s offer. [Read more...]
Germany and France push change
The president of the European Commission appealed to EU leaders on Thursday to set aside their differences and unite to rescue the euro from a sovereign debt crisis that is menacing the world economy. [Read more...]
New PetroSA CEO
Pretoria – Energy Minister Dipuo Peters has welcomed the appointment of Nosizwe Nokwe as chief executive officer of PetroSA. [Read more...]
Brussels – European leaders have reached agreement on bolstering the capital ratio of banks in the Eurozone to 9.0 percent in order to provide additional capital buffer amid the ongoing sovereign debt crisis in some of the countries, says Polish Prime Minister Donald Tusk. [Read more...]
Eurozone Greece
European finance ministers are considering making banks take bigger losses on Greek debt and have postponed a vital aid payment to Athens until mid-November, setting up a crunch point in the euro zone’s sovereign debt crisis. [Read more...]
Washington – Despite Friday’s downgrade of the US government’s top-notch credit rating, the first in history, US markets may avoid a major shock, as the rating decline came as no surprise and may already be priced into markets, some analysts said on Sunday.
However, the downgrade came at a time when the United States is still slogging its way through a sluggish recovery from the worst recession in decades. While Friday’s jobs report was positive, markets will be trading mainly on the news of the downgrade, which was reported after the markets closed on Friday, the analysts said. [Read more...]
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