The Catalan question is fascinating as it seems to be driven by purely political considerations, while the economic aspect is not thought to raise any great difficulties: the prevailing view seems to be that it will all fall into place. Yet economics are at the very heart of this question… Read More »
Prime Minister Shinzo Abe’s gambit to call for snap elections a year ahead of schedule paid off handsomely with his ruling coalition maintaining its two thirds “super majority” in the more powerful Lower House of Parliament. This is a remarkable turnaround for both the Prime Minister and his party after… Read More »
Lisa Lim -
ESG issues are rapidly becoming a key priority for companies in emerging markets. ESG analysis provides a window into the quality, leadership and focus of companies including disclosure and governance. Environmental, social and governance (ESG) factors, a long-held concern in developed economies, are swiftly rising up the agenda in emerging… Read More »
The Italian parliament approved a new mixed electoral system. It is based on a one-third single-candidate constituency system in which the winner takes all and a two-thirds proportional system. Political parties must reach a threshold of 3% and preelection coalitions 10% of the vote to enter parliament. The reform promotes… Read More »
The global banking industry shows many signs of renewed health. The recovery from the financial crisis is complete, capital stocks have been replenished, and banks have taken an ax to costs. Yet profits remain elusive. For the seventh consecutive year, the industry’s return on equity (ROE) is stuck in a… Read More »
Fiat Chrysler Automobiles N.V. (NYSE:FCAU; MTA:FCA) (“FCA”) announced today the completion of the sale by intermediaries of ordinary shares in GEDI Gruppo Editoriale S.p.A. (“GEDI”) on behalf of FCA shareholders that were unable to take delivery of the shares to which they were otherwise entitled in the distribution. As previously… Read More »
As expected the ECB has maintained the level of its three interest rates and reduced the size of its asset purchase programme (APP). The refi rate is still at 0%, the deposit facility rate at -0.40% and the marginal lending facility rate at 0.25%. They will remain at this level… Read More »
2018 will not just be the natural extension of 2017, even if growth is still robust and monetary policy are set to remain fairly accommodative in the absence of inflation. 2018 will be different because expectations will change, as the economic situation is changing radically. Optimism reigns across the various… Read More »
Elena Rinaldi -
Last time we talked about Italy was December last year after the Italian Referendum result saw the rejection of a constitutional law that was meant to reform the composition and powers of the Parliament. Following the victory of the “no” vote, Renzi resigned from his role of Prime Minister and… Read More »
ServiceNow® (NYSE: NOW) today announced the financial results for its third quarter 2017. Third Quarter 2017 GAAP Results: · Subscription revenues of $455.4 million, representing 43% year?over?year growth.· Professional services and other revenues of $42.7 million, representing 10% year?over?year growth.· Total revenues of $498.2 million, representing 39% year?over?year growth.· Subscription… Read More »
Podcast