European Commission Vice-Presidents Valdis Dombrovskis (L) and Jyrki Katainen address a press conference on the new initiatives under the Capital Markets Union to promote sustainable finance (EMMANUEL DUNAND/AFP/Getty Images) Since the financial crisis of 2008, a common complaint about the world’s financial system has been that it rewards short-term profit at the expense of long-term sustainability. There has been concern that investors are either not informed of or ignoring potential long-term risks in their assets. One of those potential long-term risks has concerned environmental sustainability and regulatory certainty. A coal plant in Poland might look like an attractive investment today,…
Author: Loknath Das
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Pay discrepancies are bad for business, and yet they are rife in finance. Our inquiry is committed to fixing this for good ‘As part of the Treasury committee’s Women in Finance inquiry, we’re seeking to identify the barriers to women entering and progressing in the financial services industry.’ Photograph: Paul Davey/Barcroft Images The gender pay gap in financial services is astonishing. It’s almost 100 years since International Women’s Day was first observed, and still we find women at some of the country’s top financial institutions are paid half as much as men. Firms with more than 250 employees are required to publish details of their gender…
Xiaomi Mi 6 has received an update to Android 8.0 Oreo via MIUI 9.2.3 Global Stable ROM. The new MIUI version is rolling out as an over-the-air (OTA) release and is also available as a downloadable package. The Mi 6 was launched in April last year with Android 7.1.1 Nougat, though it received an MIUI beta release with Android Oreo recently. The rollout of the MIUI 9.2.3 Global Stable ROM for the Xiaomi Mi 6 was announced on the MIUI Official Forum. Alongside revealing the new feature set for the Mi 6, the announcement details the methods to install the latest MIUI version. You can check the…
HIGHLIGHTS Final Fantasy XV Royal Edition has the 2016 release plus all its DLC Final Fantasy XV Royal Edition release date is March 6 However it’s available in select countries before launch Final Fantasy XV Royal Edition for PS4 and Xbox One is now available in select countries — almost three days before the official release date of March 6. You can play Final Fantasy XV Royal Edition early if you reside in the Middle East. Images posted by retailers in region on Instagram show off copies of the game for sale. This isn’t the first time Square Enix’s games have been…
Update: See the latest list of gifts for the techies on your list at The Best Gadget Gifts. Tech gadgets can make great gifts for business partners, clients, and tech savvy team members. And with plenty of new innovations being released each year, there are lots of new gadgets to choose from for the people on your 2015 holiday gift list. For the really tech savvy geeks on your holiday shopping list, check out the list of gadget gifts below for some unique gift ideas. Gadget Gifts for 2015 Bluesmart Suitcase Business travel can be a pain. But this smart suitcase offers a number…
As we gear up for the holidays, we ultimately start thinking of what to get people. Whether you are traveling for the holidays, are one of those people who have a hard time making a holiday gift list or you’re doing some holiday shopping for the businessperson who seems to have it all, there are many new gadgets available. The following is a list of tech gadgets gift ideas I recommend for you or any other businessperson on the go. Tech Gadgets Gift Ideas for You GlobaTrac: Trakdot Luggage Tracker This palm-sized device fits into your luggage and has worldwide location…
The bigger the role that social media plays in our lives, the more annoyed we get at its imperfections. Whether it’s personal abuse, invasive advertising, worries about privacy or just sheer information overload, people vent their frustration (on social media, naturally) in their tens of thousands, and many feel compelled to jump ship. Indeed, in the last quarter of 2017 the number of daily active Facebook users in the US dropped for the first time since the service launched in 2004. So it’s hardly surprising that whenever rumours start to spread of a new app claiming to address people’s annoyances…
Potential attempts by the United Arab Emirates to purchase influence and get the White House to back its regional policy are being investigated by a special team looking into US election fraud, a weekend report has revealed. A team led by Robert Mueller, the special counsel in charge of investigating Russian interference in the 2016 US election, is also interested in the activities of George Nader, a Lebanese-American businessman who is also adviser to the UAE’s crown prince, according to a New York Times report published at the weekend. The reason and content of Nader’s frequent visits to the White House in…
The company, claiming to be called Focus on Market, is offering local residents investment opportunities in shares, stocks and foreign exchange transactions. The Jersey Financial Services Commission says the firm is not regulated either in Jersey or Australia. Any investment business wishing to operate in the Island must be licensed by the JFSC or hold an appropriate exemption. The commission says Islanders should be ‘mindful of any unsolicited approaches by investment businesses’ and should carry out background checks before investing money or providing personal details. Barry Faudemer, JFSC director of enforcement, said: ‘We would recommend that you always independently verify…
In what can impact the exim trade, the Rs 126 billion Nirav Modi scam at Punjab National Bank has affected trade finance activities as lenders have become extra cautious, while the premium on Indian paper has shot up by 10-50 bps, say bankers.”The PNB fraud has already affected trade financing. No bank is now prepared to extend letters of understanding (LoUs). The ability of a company to raise money through LoUs from abroad has been affected badly,” a senior official from a state-run bank has told PTI.A private sector banker closely associated with the activity echoed the same, saying lenders have taken a “cautious” approach in the aftermath of…