What the Finance

Carrefour announced strong sales figures for the fourth quarter and it is expecting a further 6-8% sales growth in 2008 and operating profit growth above that range. And that is excluding acquisitions - the retailer just bought a 75% stake in PT Alfa Retailandon in Indonesia for $72m!

A recent research report from major US investment bank has shown that low grade bonds have outperformed high grade, not only for the month December, but also for the whole year. However, the Merrill Lynch Global High Yield & Emerging Markets Plus index plunged to 2.59%, which is the second worst full year performance, since

Far too often investment writers assume that their readers understand what a mutual fund is and they might be right; even if you don’t own any, you probably have heard so much about mutual funds already, that you might have an idea about what they are and how they work.
However, I would like to quickly [...]

It was an American gentleman named Charles K. McNeil that first incepted the concept of Spread Betting in the late 1930’s. This form of betting has gradually phased into the UK in the 1980’s.
Financial spread betting has accepted a lot of criticism but it’s definitely here to stay. Opponents of spread betting argue that it [...]