Hong Kong and Shanghai Banking Corp. plans to double the basic pay of senior investment banks to get around tightening European Union rules on bonus payouts. Those who will benefit from the scheme are HSBC bankers in London, New York and Hong Kong. View full post on Banking Stories
Posts Tagged ‘London’
Commodities Prices Fall On Chinese Interest Rates Fears
November 13th, 2010
admin Linda Young – AHN News Writer New York, NY, United States (AHN) – Commodities prices for precious metals, oil and agricultural raw materials took the hardest fall in 18 months on news that China might take steps to avert inflation. Prices of commodities futures fell by up to 3.8 percent on news that China’s central [...]
FTSE 100 miners rise as copper climbs to a two-year high
November 5th, 2010
admin Copper prices climbed to a two-year high on Friday, pushing up London’s large-cap miners Vedanta and Eurasian. View full post on UK Business Stories
British PM launches growth and jobs strategy
October 25th, 2010
admin LONDON: British Prime Minister David Cameron, fresh from unleashing the biggest public spending cuts in decades, vowed on Monday to help deliver private sector jobs and growth in a key speech to business chiefs. View full post on Business Stories
Unemployment Fear Spurs More Britons To Save
October 12th, 2010
admin AHN News Staff London, England, United Kingdom (AHN) – More Britons are savings larger amounts of money, according to the survey of National Savings & Investments released Monday. The study attributed the growing savings habits of Britons to fears of unemployment. According to the annual savings survey, 52 percent of the country’s population saves money. [...]
Sainsbury’s Eyes China Foray
September 27th, 2010
admin AHN News Staff London, England, United Kingdom (AHN) – Major British supermarket chain Sainsbury’s said on Sunday it is considering opening outlets in China. The company sent last month six representatives to look into the business potentials of opening stores in the Asian nation with a very large consumer market. It would be Sainsbury’s first [...]
Delhi’s Khan Market Rated 21st Costliest Place To Shop
September 24th, 2010
admin AHN News Staff New Delhi, India (AHN) – Delhi just got costlier on the global retail barometer as one of its most posh markets, the Khan Market, moved up three rungs to become the 21st most expensive shopping street in the world. The rental at Khan Market is calculated to be $284 per square foot [...]

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