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    • Hedge fund manager Cohen, founder and chairman of SAC Capital Advisors, listens to a question during an interview at the SALT Conference in Las Vegas
      Blackstone notifies Cohen's SAC it intends to pull money: pension consultant

      By Matthew Goldstein (Reuters) - Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc, the largest outside investor in his embattled SAC Capital Advisors, … More »Blackstone notifies Cohen's SAC it intends to pull money: pension consultant

      Hedge fund manager Cohen, founder and chairman of SAC Capital Advisors, listens to a question during an interview at the SALT Conference in Las Vegas

      By Matthew Goldstein (Reuters) - Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc, the largest outside investor in his embattled SAC Capital Advisors, which is yanking much of its client money, according to a letter reviewed by Reuters. A pension consultant, in a May …

    • Brazil says will cancel Africa debt worth $900 mln

      ADDIS ABABA (Reuters) - Brazil will cancel or restructure almost $900 million in debt owed by African countries, a Brazilian official said on Saturday, as part of a plan to increase future funding to the … More »Brazil says will cancel Africa debt worth $900 mln

      ADDIS ABABA (Reuters) - Brazil will cancel or restructure almost $900 million in debt owed by African countries, a Brazilian official said on Saturday, as part of a plan to increase future funding to the continent. Latin America's economic powerhouse is increasingly expanding its economic ties with Africa, a sign of how …

    • BOJ Governor Kuroda attends the International Conference on the Future of Asia in Tokyo
      BOJ's Kuroda says pain from bond yield rise is manageable

      By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said the country's financial institutions have sufficient buffers against losses they may incur from rises in bond yields, as long … More »BOJ's Kuroda says pain from bond yield rise is manageable

      BOJ Governor Kuroda attends the International Conference on the Future of Asia in Tokyo

      By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said the country's financial institutions have sufficient buffers against losses they may incur from rises in bond yields, as long as the market moves are driven by prospects of an economic recovery. The central bank will also be vigilant to any signs …

    • Egypt to return taxes collected from Qatar bank deal

      CAIRO (Reuters) - Egypt will refund taxes collected from Qatar National Bank's acquisition of National Societe Generale Bank to shareholders on Sunday, an official from a clearing company told Reuters … More »Egypt to return taxes collected from Qatar bank deal

      CAIRO (Reuters) - Egypt will refund taxes collected from Qatar National Bank's acquisition of National Societe Generale Bank to shareholders on Sunday, an official from a clearing company told Reuters on Saturday. The clearing company will return 10.2 million Egyptian pounds total in taxes it collected from NSGB shareholders, …

    • 8 Basics of Small Business PPC Management
      8 Basics of Small Business PPC Management

      For a small business needing an immediate source of traffic and potential customers and leads, PPC is an essential tool. But like any tool, PPC is much more useful when you learn to use it correctly. Here … More »8 Basics of Small Business PPC Management

      8 Basics of Small Business PPC Management

      For a small business needing an immediate source of traffic and potential customers and leads, PPC is an essential tool. But like any tool, PPC is much more useful when you learn to use it correctly. Here are 8 basics we use with our small business PPC management clients that all small businesses should consider...

    • Dubai retailer MAF eyes at least $500 million from hybrid bond

      DUBAI (Reuters) - Dubai mall developer Majid Al Futtaim Holding (MAF) is looking to raise at least $500 million from the issue of a hybrid debt sale to finance its buyout of French hypermarket chain Carrefour's … More »Dubai retailer MAF eyes at least $500 million from hybrid bond

      DUBAI (Reuters) - Dubai mall developer Majid Al Futtaim Holding (MAF) is looking to raise at least $500 million from the issue of a hybrid debt sale to finance its buyout of French hypermarket chain Carrefour's stake in a regional venture. MAF, sole franchisee of Carrefour hypermarkets in the Middle East, said last week …

    • African Development Bank to issue second Uganda shilling bond

      NAIROBI (Reuters) - The African Development Bank (AfDB) is to launch a 12.5 billion shillings bond on the Ugandan market, the second such issue from its 125 billion shilling issuance programme launched … More »African Development Bank to issue second Uganda shilling bond

      NAIROBI (Reuters) - The African Development Bank (AfDB) is to launch a 12.5 billion shillings bond on the Ugandan market, the second such issue from its 125 billion shilling issuance programme launched last year. The second tranche, which is to be sold as a tap sale on the original medium-term note issued in July last year, …

    • CA-BUSINESS Summary

      Valeant deal sparks share jump, helps TSX ends week higher TORONTO (Reuters) - Canada's main stock index reversed earlier losses on Friday after several stocks jumped on takeover moves, helping the TSX … More »CA-BUSINESS Summary

      Valeant deal sparks share jump, helps TSX ends week higher TORONTO (Reuters) - Canada's main stock index reversed earlier losses on Friday after several stocks jumped on takeover moves, helping the TSX shrug off uncertainty over U.S. central bank monetary policy that hurt U.S. indices. Shares in Valeant Pharmaceutical International …

    • U.S. Economy Getting Better; Should You Jump into Cyclical Stocks?
      U.S. Economy Getting Better; Should You Jump into Cyclical Stocks?

      As the risks in the stock market increase, investors most often run towards defensive stocks. The main reason behind this phenomenon is that companies that are considered defensive provide investors with … More »U.S. Economy Getting Better; Should You Jump into Cyclical Stocks?

      U.S. Economy Getting Better; Should You Jump into Cyclical Stocks?

      As the risks in the stock market increase, investors most often run towards defensive stocks. The main reason behind this phenomenon is that companies that are considered defensive provide investors with a stream of dividends, even when the markets, as a whole, crumble. They are generally strong players in their industry, …

    • A Funny Thing Happened on the Way to Chinatown
      A Funny Thing Happened on the Way to Chinatown

      A few weeks ago, I decided that it would be really nice to make the 10 hour drive back home to Ohio and surprise my mom for her birthday. She adores her granddaughter and I knew they both would be thrilled … More »A Funny Thing Happened on the Way to Chinatown

      A Funny Thing Happened on the Way to Chinatown

      A few weeks ago, I decided that it would be really nice to make the 10 hour drive back home to Ohio and surprise my mom for her birthday. She adores her granddaughter and I knew they both would be thrilled to see each other. Not long after I informed my wife and we scheduled...

    • Buying is a High Risk Job!

      In my post, “Solving Our Problems,” Tim Foster reminded me of something the folks at The TAS Group say, “The impact on the customer of a bad buying decision is usually greater than the impact of the lost … More »Buying is a High Risk Job!

      In my post, “Solving Our Problems,” Tim Foster reminded me of something the folks at The TAS Group say, “The impact on the customer of a bad buying decision is usually greater than the impact of the lost sale to the sales person.” It’s something few of us think about, but we need to remind...

    • Delivering a Good Digital Customer Experience? Try the Digital Customer Service Test
      Delivering a Good Digital Customer Experience? Try the Digital Customer Service Test

      In recent years, your relationship with your customers has become more and more digital, and delivering good customer service in this context will continue to be a challenge (it’s no surprise a consulting … More »Delivering a Good Digital Customer Experience? Try the Digital Customer Service Test

      Delivering a Good Digital Customer Experience? Try the Digital Customer Service Test

      In recent years, your relationship with your customers has become more and more digital, and delivering good customer service in this context will continue to be a challenge (it’s no surprise a consulting firm called one of their recent studies “Customer Service in 2020: Winning in a digital world”). Delivering a good digital …

    • Future Proof Your Website and Lay Awesome Foundations
      Future Proof Your Website and Lay Awesome Foundations

      Building a website can often feel like a one-shot deal – you build it, and it’s done. However, the online world is in a state of flux and taking shortcuts can lead to all sorts of problems further down … More »Future Proof Your Website and Lay Awesome Foundations

      Future Proof Your Website and Lay Awesome Foundations

      Building a website can often feel like a one-shot deal – you build it, and it’s done. However, the online world is in a state of flux and taking shortcuts can lead to all sorts of problems further down the line. Read on to learn how you can spare yourself major headaches years later by...

    • How the Internet Has Changed the English Language
      How the Internet Has Changed the English Language

      Does “Rick Rolling” Ring a Bell? What does it mean that some people, instead of just saying “by the way,” use its acronym “btw” (which actually takes fewer syllables than saying the entire phrase, fyi)? … More »How the Internet Has Changed the English Language

      How the Internet Has Changed the English Language

      Does “Rick Rolling” Ring a Bell? What does it mean that some people, instead of just saying “by the way,” use its acronym “btw” (which actually takes fewer syllables than saying the entire phrase, fyi)? Some may say that it’s sad evidence that our language is being polluted, while others may say it’s just a...

    • The Best Way to Manage Mistakes at the Business Negotiation Table

      Imagine that you are in a sales negotiation. As part of your services, you will create a solution for an inventory problem that your customer is having. In the middle of the negotiation, a member of your … More »The Best Way to Manage Mistakes at the Business Negotiation Table

      Imagine that you are in a sales negotiation. As part of your services, you will create a solution for an inventory problem that your customer is having. In the middle of the negotiation, a member of your team tells you that this solution can only be implemented manually, which will drive up the cost $250,000....

     

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