US indicators are trouncing economic forecasts – Finance and Commerce

US indicators are trouncing economic forecasts – Finance and Commerce

The U.S. economy is outperforming expectations by the most this year, offering a fresh rebuttal to last month’s resurgent recession fears fueled by the trade war and a manufacturing slump. The Bloomberg Economic Surprise Index has reached an 11-month high after four indicators released Thursday, including existing home sales and jobless claims, each surpassed expectations. […]

TransferMate takes top prize at financial services innovation awards – The Irish Times

TransferMate takes top prize at financial services innovation awards – The Irish Times

TransferMate, the international payments firm established by Taxback Group founder Terry Clune, has been named as the overall winner of the first annual Deloitte Financial Services Innovation Awards. The Kilkenny-headquartered company which facilitates global payments in 134 currencies across 162 countries, was also named the winner within the product or service category for its Global […]

UPDATE 1-Budget airline XL Airways stops ticket sales, cites financial issues – Reuters

UPDATE 1-Budget airline XL Airways stops ticket sales, cites financial issues – Reuters

(Adds French government statement) PARIS, Sept 20 (Reuters) – French budget airline XL Airways said it had suspended ticket sales due to financial difficulties at the company, in the latest example of low-cost airlines running into financial problems. “XL Airways, in major financial difficulty, is unfortunately obliged to stop ticket sales as from September 19,” […]

Think time isn't on your side? These late savers are all on track to hit financial independence – CNBC

Think time isn't on your side? These late savers are all on track to hit financial independence – CNBC

Amy Blacklock, 51, is on track for financial independence well before age 60, though she started far later than the standard recommendation. Blacklock and her husband, who live in metro Detroit, assumed they would need to work until their mid-60s. Then, they discovered the FIRE movement (financial independence/retire early), which transformed their view of their […]

China sovereign wealth fund head signals more financial failures – Financial Times

China sovereign wealth fund head signals more financial failures – Financial Times

The head of China’s sovereign wealth fund signalled on Friday that more bank collapses lie ahead, as the world’s second-largest economy continues to weaken. “Resolving financial risks will become normal at a time of slowing growth,” said Peng Chun, chairman of the $940bn China Investment Corporation. “We are facing a tough battle and it is […]

Dublin Set To Benefit Most From Post-Brexit Finance Relocations – Extra.ie

Dublin Set To Benefit Most From Post-Brexit Finance Relocations – Extra.ie

Dublin looks set to be the biggest European beneficiary of post-Brexit financial services relocations, topping the ranks as the most popular relocation destination. EY’s most recent Financial Services Brexit Tracker states that 29 companies have pledged to relocate staff or operations to Dublin in the three years since the Brexit referendum. These figures identify Dublin […]

Salesforce sharpens India focus with dedicated financial sector vertical – Business Today

Salesforce sharpens India focus with dedicated financial sector vertical – Business Today

In an exclusive interaction with Business Today, Sunil Jose, Senior Area Vice President and Country Leader, Salesforce said that financial services industry (FSI) is an area that requires focus. Rukmini Rao        Last Updated: September 20, 2019  | 12:09 IST Salesforce, one of the leading companies in the customer relation management (CRM) space, has sharpened its India focus […]