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Opinion | How Crypto Became the New Subprime

European Economics Preview: Germany GfK Consumer Confidence Data Due

Consumer confidence data from Germany is due on Thursday, headlining a light day for the European economic news.

At 2.00 am ET, Germany’s GfK consumer sentiment survey results are due. The forward-looking consumer sentiment index is forecast to fall to -7.8 in February from -6.8 in January.

In the meantime, unemployment data is due from Norway.

At 3.00 am ET, Spain’s INE is scheduled to issue unemployment data for the fourth quarter. The jobless rate is seen easing to 14.2 percent from 14.57 percent in the third quarter.

Also, unemployment data is due from Hungary.

At 4.00 am ET, Italy’s Istat releases industrial turnover data for November. Also, Austria’s manufacturing Purchasing Managers’ survey results are due from IHS Markit.

At 6.00 am ET, the Confederation of British Industry publishes Distributive Trades survey results. The retail sales balance is expected to rise to 13 in January from 8 in the prior month.

RPS Group Q4 Revenue Growth At 7% At Constant Currency – Quick Facts

RPS Group (RPS.L) reported that fourth quarter fee revenue increased to 122.5 million pounds from 115.8 million pounds, prior year. The Group noted that its fourth quarter fee revenue was in line with the Board’s expectations. Fee revenue continues to recover with strong year-on-year growth in Energy, Consulting UK & Ireland, Norway and Australia Asia Pacific, the Group said.

Full year fee revenue for 2021 was up 5% at constant currency at 476.1 million pounds. Draft adjusted profit before tax is currently expected to be in line with the average of analysts’ forecasts.

8 Lunar New Year Recipes for Good Times Ahead

Traditional dishes often symbolize better luck for the future — and they promise a satisfying meal here and now.

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By Genevieve Ko

St.James’s Place Closing Funds Under Management Jumps In Q4

St. James’s Place plc (STJ.L), a financial conglomerate, on Thursday said that its closing funds under management in the fourth quarter witnessed a jump to 153.99 billion pounds, from 129.34 billion pounds in the year-ago period.

Net inflows during the period increased to 2.91 billion pounds versus 2.29 billion pounds in the comparable period of the previous fiscal.

Gross inflows increased to 4.69 billion pounds in the period ended 31, December 2021, from 4.02 billion pounds in the year-ago period.

The gross total inflows for the year is seen at 18.20 billion pounds, 27 percent higher than in 2020 and exceeding the company’s previous guidance. The company is also confident of achieving its 2025 ambitions.

Shares of St. James’s Place closed Wednesday’s trading at 1530 pounds, up 14.50 pounds or 0.96 percent from previous close.

Robert Half International Reveals Rise In Q4 Income, Beats estimates

Robert Half International (RHI) reported earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company’s earnings came in at $167.94 million, or $1.51 per share. This compares with $94.42 million, or $0.84 per share, in last year’s fourth quarter.

Analysts on average had expected the company to earn $1.45 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 36.2% to $1.77 billion from $1.30 billion last year.

Robert Half International earnings at a glance (GAAP) :

-Earnings (Q4): $167.94 Mln. vs. $94.42 Mln. last year.
-EPS (Q4): $1.51 vs. $0.84 last year.
-Analyst Estimate: $1.45
-Revenue (Q4): $1.77 Bln vs. $1.30 Bln last year.

FIFA 19: 7 absolute beasts who'll be the strongest players on the game

FIFA 18 isn’t just about speed and skill, strength is just as important – and these players have it in bucket loads.

Especially given just how much weight EA has given the in-game shielding mechanic.

How Much Watching Time Do You Have This Weekend?

W. Kamau Bell takes account of Bill Cosby. And Jonathan Van Ness takes a journey through his passions.

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By Alexis Soloski

DBS agrees to buy Citi's Taiwan retail business

FILE PHOTO: FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Segar/File Photo/File Photo

SINGAPORE (Reuters) – DBS Group, Southeast Asia’s largest bank, has agreed to buy Citigroup’s consumer business in Taiwan.

Total purchase consideration will be based on net assets of Citibank’s Taiwan consumer banking business at completion plus a premium of S$956 million ($706.79 million), DBS said on Friday.

($1 = 1.3526 Singapore dollars)

Opinion | How Crypto Became the New Subprime

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By Paul Krugman

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