News Centre

Davos 2019: UK Chancellor’s Speech At The CBI’s British Business Leaders Lunch

Date 24/01/2019

Let me start by passing on the PM’s apologies – I know she wanted to be here to address you this afternoon, but events have dictated otherwise.

But I am delighted to be back here in Davos…

…and to have the opportunity to address you once again.

Professor Schwab first invited political leaders to what would become the World Economic Forum in January of 1974.

ECB Press Conference - 24 January 2019

Date 24/01/2019

Press conference following the meeting of the Governing Council of the European Central Bank on 24 January 2019 at its premises in Frankfurt am Main, Germany, starting at 14:30 CET:

European Central Bank: Monetary Policy Decisions

Date 24/01/2019

At today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council expects the key ECB interest rates to remain at their present levels at least through the summer of 2019, and in any case for as long as necessary to ensure the continued sustained convergence of inflation to levels that are below, but close to, 2% over the medium term.

SGX Reports 2Q FY2019 Net Profit Of S$97 Million

Date 24/01/2019

2Q FY2019 Financial Summary

• Revenue: S$224 million, up 9% from a year earlier
• Operating profit: S$114 million, up 10%
• Net profit: S$97 million, up 9%
• Earnings per share: 9.0 cents, up 9%
• Interim dividend per share: 7.5 cents, up by 2.5 cents

ICE Benchmark Administration Introduces The U.S. Dollar ICE Bank Yield Index For Review And Comment By Market Participants

Date 24/01/2019

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Benchmark Administration (“IBA”) has published a paper introducing the U.S. Dollar ICE Bank Yield Index for review and comment by market participants.

Tel Aviv Stock Exchange And The Israeli Association Of Publicly Traded Companies Open An Investor Relations Course For The First Time In Conjunction With The Israel Investor Relations Forum (IIRF)

Date 24/01/2019

The Tel-Aviv Stock Exchange (TASE) and the Israeli Association of Publicly Traded Companies are launching their first ever investor relations course in conjunction with the Israel Investor Relations Forum (IIRF). The course will be under the academic and professional supervision of Rami Rozen, VP Investor Relations at Orbotech, and a member of the IIRF.

Patrick Melia Joins R.J. O’Brien As Senior Vice President, Commodity Sales In New York - Brings 35 Years Of Experience To Growing Energy/Metals Clearing And Execution Business

Date 24/01/2019

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced that Patrick J. Melia has just joined the firm as Senior Vice President, Commodity Sales, working out of the New York office.  Melia has more than 35 years of experience in energy exploration and in trading, brokering and marketing energy derivatives, including expertise in hedging and risk management strategies.

Davos Resarch Reveals Investors Expect Listed Companies To Start Reporting On Their Strategies For Blockchain

Date 24/01/2019

• 31% of investors expect major companies to have heads of blockchain on their boards within five years
• 40% believe that blockchain could be the most transformative technology since the internet

Taxation: European Commission Refers The United Kingdom To The Court For Its Failure To Comply With VAT Rules For Certain Commodity Markets

Date 24/01/2019

The Commission decided today to refer the United Kingdom to the Court of Justice of the EU for extending the scope of a VAT measure which allows VAT derogations for certain commodity markets.

BNP Paribas Asset Management And CODE Investing Complete First SME Loan

Date 24/01/2019

Through its strategic partnership with SME debt finance platform, CODE Investing, BNP Paribas Asset Management ('BNPP AM') has completed an unsecured loan to Hampshire-based domiciliary care provider, Apex Prime Care.