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Saudi to make biggest foreign investment in Pakistan's history soon: finance minister – DAWN.com

Saudi to make biggest foreign investment in Pakistan's history soon: finance minister – DAWN.com

Finance Minister Asad Umar on Thursday said that an incoming investment package from Saudi Arabia, which promises to be “the biggest foreign investment in Pakistan history”, will be announced soon. “The ball is in our court. We have to get cabinet approval next week, after which an announcement will be made,” he said, addressing an […]

Owens & Minor Names Robert K. Snead as EVP & Chief Financial Officer – Associated Press

Owens & Minor Names Robert K. Snead as EVP & Chief Financial Officer – Associated Press

RICHMOND, Va.–(BUSINESS WIRE)–Dec 12, 2018–Owens & Minor, Inc. (NYSE: OMI) today announced the appointment of Robert K. Snead as Executive Vice President & Chief Financial Officer effective December 6, 2018. Snead has served as Interim Chief Financial Officer since June 2018. Snead will continue to report directly to Robert C. Sledd, Chairman and Interim President […]

Stocks lifted by US-China trade optimism – Financial Times

Stocks lifted by US-China trade optimism – Financial Times

Tuesday 18.30 GMT What you need to know S&P 500 reverses 1.4% gain to trade 0.1% lower Initial strength came amid optimism over US-China trade talks Carmakers rally on talk of tariff cut from Beijing on US autos Pound falls further as markets await Brexit developments French sovereign yield spreads over Bunds highest since Macron’s […]

Financial Services Firms Shift Their Focus To Operational Efficiency – Forbes

Financial Services Firms Shift Their Focus To Operational Efficiency – Forbes

Share to facebook Share to twitter Share to linkedin Man holding smartphone to the counter-top payment terminal for mobile payment in a cafe.Getty By Benjamin Ensor, Vice President, Research Director Download Forrester’s complimentary predictions 2019 guide to understand the 14 major dynamics that will impact firms next year. In the decade since the global financial […]

John Bogle Talks About His Best and Worst Financial Bets – Wall Street Journal

John Bogle Talks About His Best and Worst Financial Bets – Wall Street Journal

John Bogle has written a dozen books, but the father of the index fund happily admits that everything a person needs to know about investing can be put on a 3×5 index card. 1. Own the entire stock market. “The S&P 500 is a great proxy,” he says in a recent interview. 2. Do nothing. […]

Couples Who Use This Money Management Strategy Tend To Be Happier – mindbodygreen.com

To share a bank account or not to share a bank account? It’s a question many couples struggle with. When do you merge your finances with theirs? And how do you trust that your partner will make good decisions with your money if you do merge your accounts? Despite reasonable concerns, a new study from […]

Financial impact of mental health on individuals, and the country – Independent Community Newspaper

Financial impact of mental health on individuals, and the country – Independent Community Newspaper

Every dollar spent on mental health services will repay the nation with $3.50 in productivity gains and other savings, the report from the Government Inquiry into Mental Health and Addiction has found. But that’s peanuts compared to the potential impact on the personal finances of people currently not getting access to the mental health services they need. “A […]

Opec agrees to cut output by 1.2m barrels a day – Financial Times

Opec agrees to cut output by 1.2m barrels a day – Financial Times

Opec and its oil producing allies have agreed to cut production by 1.2m barrels a day, defying Donald Trump’s calls to keep output high and sending crude prices higher. The deal was hammered out at the Opec secretariat in Vienna on Friday following two days of fractious talks, with Saudi Arabia, Opec’s largest producer and […]

Eskom takes action against contractors for financial collusion – IOL

Eskom takes action against contractors for financial collusion – IOL

Public Enterprises Minister Pravin Gordhan announced emergency steps to prevent further stage 2 load-shedding. Picture: Thobile Mathonsi/African News Agency/ANA JOHANNESBURG – Eskom is taking action against contractors and original equipment manufacturers (OEMs) for financial collusion and sub-standard work in the construction of the Medupi and Kusile power stations, which have contributed to tripling the costs […]

Liquidity Services Announces Fourth Quarter and Fiscal Year 2018 Financial Results – Associated Press

Liquidity Services Announces Fourth Quarter and Fiscal Year 2018 Financial Results – Associated Press

— Consolidated Fourth Quarter GMV of $155.3 million– Revenue of $52.7 million — GAAP Net Loss of $ (1.0) million — Consolidated Fourth Quarter Non-GAAP Adjusted EBITDA of $(1.9) million — 19% GMV growth in Q4-FY18, excluding the expired DoD Surplus contract, marks highest organic growth rate in six years and two consecutive fiscal years […]

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