Tag Archives: pressure:

Gold prices under pressure as US economy shows strength

Last week, the entire commodity complex was hit hard after the Fed’s comments dashed hopes of interest rate cuts in the coming months which boosted the dollar to higher levels. Precious Metals closed this week in the red with Gold prices falling 1 percent and Silver prices ended with 2.3 percent losses. Base metals complex tracking global cues too ended ... Read More »

The bane of brands: pressure of ‘always on’ content marketing

The rise of social media has given birth to a new phenomenon in marketing: the urge to be present across all platforms in some form or the other, throughout the year. This has resulted in an artificial pressure to be present in ‘media’ (and I use it within quotes to connote every platform where a brand places its message) virtually ... Read More »

No margin pressure on IT industry: Raman Roy

The National Association of Software and Services Companies (Nasscom) has said there is no pressure on margins of IT and BPM (Business Process Management) companies. “It is not true. Actually, the per employee revenue has gone up in the country,” said Nasscom Chairman Raman Roy. He, however, said the companies have begun to spend heavily on retraining employees in newer ... Read More »

TD Bank under pressure over sales tactics claims

TD Bank Group, Canada’s biggest bank by deposits, is battling to contain damage from a potential sales scandal after a TV show claimed employees regularly broke laws for fear of being fired. Shares in the bank dropped more than 5 per cent on Friday — the most in more than eight years — after reports by the Canadian Broadcasting Corporation accused TD ... Read More »

Pressure on Yahoo grows after massive hack attack

Pressure on Yahoo continued to grow after the internet search giant revealed that it was the victim of another huge hacking attack in 2013. The company’s shares closed down more than 6% on Wall Street on fears that a planned sale to Verizon was in doubt. Politicians and regulators called for action after Yahoo disclosed on Wednesday that more than ... Read More »

Sky bid puts independent directors under pressure

Sky’s independent directors are under mounting pressure to secure a higher bid from Rupert Murdoch for the 61% stake in the satellite broadcaster it does not own. On Friday, 21st Century Fox announced a possible bid for Sky priced at £10.75 a share, valuing the company at £18.5bn. Investors are concerned that James Murdoch is both chairman of Sky and ... Read More »

Pressure grows to refer Rupert Murdoch’s Sky bid to Ofcom

Ministers are declining to comment on the deal, but Bradley will have to take a quasi-judicial decision on whether to ask Ofcom for an adjudication within 10 days of being formally notified of the proposal. Matthew Hancock, Bradley’s deputy minister at the Department for Culture, Media and Sport, said he could only reassure MPs that the culture secretary was a ... Read More »

Slowing German inflation puts pressure on ECB

German annual inflation slowed unexpectedly in August, preliminary data showed on Tuesday, suggesting price pressures in Europe’s largest economy remain weak despite the European Central Bank’s ultra-loose monetary policy. The euro zone has struggled with little or no inflation for the past year, caused mainly by a plunge in oil prices. The ECB expects the bloc-wide figure to stay below ... Read More »

Infuse more capital in PSBs to avoid rating pressure: Moody’s

Moody’s Ratings Services on Wednesday cautioned that public sector banks (PSBs) could see negative pressure on their credit profiles if the upcoming budget does not front load capital infusion in them. “With the front-ending of recognition and provisioning (for non performing loans), there is a corresponding front-ending of capital requirements. With little chance of the banks accessing the capital markets ... Read More »