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Vince Cable: 'Historically, the coalition will be seen as a success' – interview
“Nick Clegg was trying to establish parity with the Tories, and a two-and-two negotiation made sense. And Danny Alexander was a close ally.
Wales powers plan to be published
Plans to change the powers of the Welsh Government and the National Assembly are to be published today. The proposals will be set out in a draft Wales Bill to be unveiled by the Welsh Secretary Stephen Crabb.
Dow Jones Industrial Average Climbs 91 Points Today on Nike Stock Split News
Shares of Botox-maker Allergan Plc. (NYSE: AGN) gained more than 4.2% on deal rumors involving Pfizer Inc. (NYSE: PFE). Meanwhile, shares of ... Many analysts project the euro could fall to parity with the U.S. dollar next year as monetary policy ...
Dollar strength is only part of US earnings hit
But a strong dollar also hurts those US retailers and speciality stores that rely on overseas visitors, such as Fossil Group and Abercrombie & Fitch. Nomura expects a bad first half of the year to be followed by a worse second half for this sector ...
Wealth Adviser Daily Briefing: Risk-Parity Funds Getting Dragged Down
A group of 11 risk-parity funds lost 3.6% on average this year through Nov. ... Stifel Financial Corp. says it expects 95 to 105 of Barclays PLC's U.S. wealth-management advisers to join, compared to the 180 it originally looked to grab, writes ...
Diversity and the profession: a reply to Lord Sumption
Whereas, with the solicitors' branch of the profession there is almost parity in gender (until partner level), this is not true at the Bar.
Global Apollo programme seeks to make clean energy cheaper than coal
Lord Richard Layard, an economist at the London School of Economics and member of the Apollo group, said it was barely believable that the world only spent 2% of its R&D money on its “most pressing problem” of climate change and clean energy.
Euro Bears Tamed Even as Goldman Sachs Sees Drop to Parity
“There's a clear risk that parity will be tested as the ECB keeps printing money for the next 12 months at least, while the Fed gradually raises interest rates,” said Mansoor Mohi-uddin, a senior markets strategist at Royal Bank of Scotland Group Plc ...
Why this is a trader's market
In such an event, cash gains purchasing power parity in the future if assets prices fall more than inflation rises. While no individual could effectively manage money this way, the importance of "cash" as an asset class is revealed.
Chinese surprise wipes out FTSE 100
"The new mechanism for determining the central parity of the renminbi announced by the PBC appears a welcome step as it should allow market forces to have a greater role in determining the exchange rate," said the IMF in response to China's move.
China Markets Live - PBoC devalues yuan; Shanghai, Shenzen and Hong Kong ...  South China Morning Post (subscription)
IMF welcomes yuan devaluation  Business Spectator