Financial News Headlines

Climate finance: He who pays the paupers…

November 3rd, 2011

Sunshine and leverage

AMID the wreckage of the 2009 Copenhagen climate summit, an agreement that rich countries would, by 2020, furnish developing ones with $100 billion a year to help them mitigate and adapt to global warming looked like a rare achievement. This commitment will also be a big talking point at the next annual UN summit, due to start in Durban on November 28th. With almost no hope of a big new pact, many expect progress on the formation of a global Green Climate Fund to be one of its few successes.

Read more…

Tags: Climate, Climate Finance

Posted in Business Tips | No Comments »

Which student charge card should you select?

October 30th, 2011

You should select a student charge card that is specifically designed for an individual in your position. Many banks advertise cards for students, and these often offer the best features. These banks are willing to overlook low credit scores or lack of assets to lend to students who are attending a two-year or four-year degree program. The banks believe these students will be able to repay the debts upon graduation. As a result, they do not impose the typical high interest rates for individuals with low credit scores. The charges may even go interest free for a number of months to be flexible to a student’s schedule.

Tags: Charge Card, Select, Should Select, Student Charge Card

Posted in Business Tips | No Comments »

Day Trading Basics

October 18th, 2011

Anyone who wants to make money day trading needs to learn day trading basics. Day trading basics are whether you engage in fundamental analysis or technical analysis of stocks, commodities, or futures. Which equity market to trade in is important, as is how much to invest per trade. Managing investment risk involves deciding when to trade and when to stop. Day trading basics start with the old adage that ninety percent of life is just showing up. Day trading takes time and patience from which come skill and wisdom. Read more…

Tags: Basics, Day Trading, Day Trading Basics, Trading Basics

Posted in Business Tips | No Comments »

Prepare for Holiday Spending – Christmas Creep

October 15th, 2011

Its October. Most people think Halloween and Fall foliage, but then there are the retailers who put up their Christmas displays right across from the sexy witch costumes to remind us that its time to start shopping for gifts. I dont need to see that (I mean the Christmas displays. Sexy witches are fine). Im there trying to put the final touches on my Macho Man Randy Savage costume (may he rest in peace). Thats my gift to the world. But the fact remains, the holidays are creeping up on us. Time to think about your budget.

Step 1: Start saving

If you dont already have money in your budget for the holiday season, then its time to start saving.

Read more…

Tags: Christmas, Christmas Creep

Posted in Business Tips | No Comments »

UBS’s trading loss: Swiss miss

September 26th, 2011

THE latest annual report of UBS, Switzerland’s biggest and most error-prone bank, states that “disciplined risk management and control are essential to our success.” That assertion has been proved right in the most embarrassing way, after allegedly unauthorised bets cost the bank a whopping $2.3 billion.

Kweku Adoboli, a 31-year-old trader (pictured), has been arrested and charged with fraud. Mr Adoboli has not yet entered a plea. The case bears striking similarities to that of Jérôme Kerviel, the man who almost laid low Société Générale, France’s third-largest bank, in 2008. Both men star

Read more…

Posted in Business Tips | No Comments »

Suncorp: Patrick Snowballâ??s job is safe until 2015, is yours?

September 22nd, 2011

Many Suncorp / AAMI claims staff have contacted the FSU to voice concerns about Suncorp potentially offshoring their jobs to India. Representatives from two Indian based outsourcing companies, World Network Services and Genpact, have been on site at Suncorp locations and requesting information from staff about the roles they perform to assess if these jobs can be offshored. FSU members have advised that staff morale is suffering as employees question their job security.

The FSU has written to Suncorp expressing the views of our members, but to date Suncorp have not shared further information about their plans for claims roles in Australia (click here to see Suncorp’s response).

Read more…

Tags: Job, Job Safe

Posted in Business Tips | No Comments »