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Accounting & Finance Updates

 

Get the latest updates in accounting and finance from Horizon University College, covering practices and trends shaping financial management in the UAE.

Whole grain may reduce risk of heart disease

SUC Editing Team Accounting & Finance

New York, Oct 20 (IANS) Whole grain diet may help to significantly lower the risk of heart disease in overweight and obese adults who are under the age of 50, finds a new study.

US economy continues modest expansion in September, Fed survey shows

SUC Editing Team Accounting & Finance

​Washington, Oct 20 (IANS) US economic activity continues to expand at a modest to moderate pace from late August through early October, with most districts expecting positive outlook, the latest survey result released by the Federal Reserve showed on Wednesday.

China's economy stabilises with solid performance

SUC Editing Team Accounting & Finance

Beijing, Oct 19 (IANS) China's economy grew 6.7 per cent in the third quarter of 2016, holding steady with the second quarter and strengthening hope that the Chinese government will achieve its annual GDP target.

US stocks slide after Fed minutes

SUC Editing Team Accounting & Finance

New York, Oct 14 (IANS) US stocks traded lower as Wall Street continued to digest the Federal Reserve's minutes from its September meeting.

The Dow Jones Industrial Average on Thursday dipped 120.18 points, or 0.66 per cent, to 18,024.02, Xinhua news agency reported.

Brics an opportunity to attract investment: Brazil

SUC Editing Team Accounting & Finance

​Brasilia, Oct 14 (IANS) Brazilian President Michel Temer will leave on Friday to India to participate in the eighth Brics Summit and then to Japan to attract investment.

According to Temer's spokesperson, Alexandre Parola, on Thursday, the President's Asia visit will be an opportunity for the government to show "a new Brazil" of "investment

Australia's economy displaying resilience: Moody's

SUC Editing Team Accounting & Finance

​Sydney, Oct 12 (IANS) Australia's economy is continuing to display resilience to commodity price declines, however external financing risks do linger, global ratings agency Moody's Investor Services said on Wednesday.

New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday. According to Wall St

SUC Editing Team Accounting & Finance

​New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday.

Snapchat planning $25 bn IPO

SUC Editing Team Accounting & Finance

New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday.

Samsung's operating profit rises despite Note 7 recall

SUC Editing Team Accounting & Finance

​Seoul, Oct 7 (IANS) Samsung Electronics saw its operating profit rise in the third quarter despite a global recall of Galaxy Note 7 smartphones, the company said on Friday.

The South Korean tech behemoth posted 7.8 trillion won ($7 billion) in its preliminary figure for operating profit during the July-September period, up 5.55 per cent from the

Pill to prevent Alzheimer's disease in the offing

SUC Editing Team Accounting & Finance

New York, Oct 8 (IANS) A pill that prevents the accumulation of toxic molecules in the brain and can help prevent or delay Alzheimer's, can be the next target in the fight against the neurocognitive disease, according to US scientists.

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