BMW announced that the company will invest nearly $900 Million USD and add 300 new jobs in 2012 in its South Carolina plant. This announcement was made during a ceremony to commemorate a major production milestone – 2,000,000 vehicles have rolled off the assembly line since the company began U.S. production in 1994. Frank-Peter Arndt, [...]
As the new year approaches, City Index Chief Technical Analyst Sandy Jadeja summarises 2011, analysing the stock market from a technical perspective and gives his thoughts on the FTSE 100, Dow Jones, Gold, Crude Oil, EUR/USD exchange rate and what is likely to be in store for 2012 Sandy Jadeja, Chief Technical Analyst, City Index: [...]
When it comes to passing on wealth, nearly one-quarter (23%) of U.S.-based high net worth individuals do not trust their children or stepchildren to protect their inheritance, according to the latest report in the Barclays Wealth Insightsseries. Globally, over one-third (35%) of wealthy individuals feel this way. The report, The Transfer of Trust: Wealth and [...]
The talk in the trading and investment community of the possibility of a Greek default seems to be intensifying. Greek ten year bonds are now pricing in a ninety nine percent probability of the country defaulting on its debt obligations… Even though Greece represents only two point six percent of Eurozone GDP, the consequences for [...]