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4 SIGNS THAT YOUR BUSINESS NEEDS TO START OUTSOURCING


Running a business can be highly challenging and sometimes overwhelming for many entrepreneurs. As a business owner, you are responsible for making sure that your company operates proficiently. Aside from the daily tasks that you need to attend to, you also need to ensure that all aspects of your business are running smoothly. It can

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THE BEST STOCKS TO INVEST IN RIGHT NOW


2021 has seen a huge tie in of key areas including our biggest foe – COVID-19 and one of the most current trending terms, Net-Zero. Of course, with most of us obeying the rules of lockdown, there has been a huge online presence for retail and of course, NFTs. Unfortunately, some of my most compelling

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4 TIPS FOR BUILDING YOUR FIRST PORTFOLIO


Every investor begins their first portfolio nervous and not knowing very much. If you have a desire to learn the basics, however, and are committed to constantly improving your knowledge base, over time you will have a portfolio of stocks (and perhaps other financial instruments) that you are happy with and confident in. Below are

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DEUTSCHE BANK REPORTS BEST QUARTER IN SEVEN YEARS


Deutsche Bank on Wednesday posted a pre-tax profit of €908 million for the first three months of 2020 – its best quarterly performance in seven years, and a notable increase on its profit of just €66 million for the same period in 2020. Profits rose across all of the bank’s core divisions, though its investment

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3 REASONS YOUR BUSINESS NEEDS OVERDRAFT PROTECTION


Suppose you wrote a check to a material supplier last week, and unfortunately, the accountant was out sick that day. Meanwhile, you forgot about the check, using your business checking account to make your everyday transactions. The check clears weeks later, and now you are hit with a hefty fee. With overdraft protection, you could

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CREDIT SUISSE POSTS ‘UNACCEPTABLE’ ARCHEGOS LOSS


Credit Suisse on Thursday reported a net loss of 252 million Swiss francs ($275 million) for the first quarter following the implosion of US-based hedge fund Archegos Capital. The bank reported that the loss reflected a “significant charge with respect to the US-based hedge fund matter in 1Q21 (first quarter), offsetting positive performance across wealth

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FINANCIAL SERVICES SHIFT £1 TRILLION IN ASSETS TO EU


UK banks and insurers have shifted thousands of jobs and over £1 trillion in combined assets out of the UK and into European Union hubs due to the impact of Brexit, a new study has confirmed. According to research from think tank New Financial, more than 440 firms in the UK banking and financial services

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CHINA’S ECONOMY POSTS RECORD 18.3% QUARTERLY GROWTH


China’s economy grew a record 18.3% in the first quarter of 2021 compared to the same period in 2020, new data has shown. Growth was also up from 6.5% in the fourth quarter of 2020. The results mark the biggest jump in Chinese GDP since quarterly records began in 1992. However, the economy’s growth fell

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JPMORGAN PLEDGES $2.5 TRILLION TOWARDS CLIMATE ACTION


JPMorgan Chase & Co said on Thursday that it will commit $2.5 trillion towards sustainability and development initiatives over the next decade. $1 trillion of the pledged funding has been earmarked solely for investment in green projects, including renewable energy and clean technologies. The $2.5 trillion target for investment, which begins in 2021 and will

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BITCOIN HITS $62,000 HIGH AHEAD OF COINBASE IPO


The value of Bitcoin hit a record $62,741 in early Tuesday trading, a surge of more than 4% in the past 24 hours. This latest extension of the cryptocurrency’s 2021 rally comes one day ahead of the initial public offering of Coinbase, which is set to list on the Nasdaq index on 14 April. Coinbase

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BIDEN ADMINISTRATION PROPOSES CURBS TO GLOBAL TAX HAVENS


The Biden Administration has proposed sweeping tax reforms to the OECD intended to limit multinational corporations’ ability to move profits overseas, in addition to a worldwide minimum corporate tax rate. Plans leaked to the Financial Times showed that the administration is pushing for multinational corporations to be taxed not only on the basis of where

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CREDIT SUISSE AXES MANAGEMENT AFTER $4.7 BILLION ARCHEGOS LOSS


Credit Suisse will overhaul the leadership of its investment bank and risk division following the collapse of hedge fund Archegos Capital, which the firm estimates will cost it $4.7 billion. In a statement on Tuesday, the firm said it would take a hit of 4.4 billion Swiss francs from “the failure by a US-based hedge