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Borse Dubai not asked to trim LSE stake – Source

By Agency Reporter Wednesday, 16 Feb 2011 Borse Dubai has not been asked to reduce its stake in London Stock Exchange to facilitate a merger between the LSE and the Toronto share market operator TMX, a source familiar with the matter told Reuters on Tuesday. Borse Dubai, which holds a 20.6 […]

Global demand for US stocks declined in December

By Agency Reporter Wednesday, 16 Feb 2011 Global demand for United States stocks, bonds and other financial assets fell in December from a month earlier, the Treasury Department reported. Bloomberg News reported on Tuesday, that net buying of long-term equities, notes and bonds totaled $65.9bn during the month compared with net […]

IFRS ’ll guarantee better working conditions for employees – KPMG

By Stanley Opara Wednesday, 16 Feb 2011 The adoption of the International Financial Reporting Standards will guarantee better working condition for employees in Nigeria, analysts at KPMG Professional Services have said. They said IFRS covered all types of employee benefits while the Nigerian Statement of Accounting Standards addressed only retirement benefits. […]