Each week the Finseta Team publish a blog or insight relating to trade, foreign currencies, global economics or international business.
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that Chief Executive Officer (CEO), Julian Wheatland , has decided to step down from his role with Cornerstone with immediate effect. He has agreed to facilitate an orderly handover of his responsibilities to the […]
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, provides an unaudited update on trading for the six months ended 30 June 2022. As announced on 20 April 2022, the Group achieved its highest ever quarterly revenue for the first three months of the […]
This week’s major story is that British PM Boris Johnson has resigned after 59 of his ministers quit within 48 hours. The flurry of resignations followed news that Mr Johnson knew about a history of sexual misconduct concerning Assistant Whip Chris Pincher. Mr Johnson intends to remain as PM until the autumn. Sterling reaction to […]
It seems remarkable now to think that the opening up of Asia to Western businesses is a relatively new phenomenon. Until recently many Asian countries were either fully closed or heavily restricted to European and American companies. Free-market economics and capitalist ideas were in many cases outrightly rejected or at best viewed with deep suspicion. […]
The biggest economic news this week came yesterday when the Governor of the Bank of England, Andrew Bailey delivered a speech at the ECB’s conference in Portugal. In his speech, Bailey said: “I think the UK economy is probably weakening rather earlier and somewhat more than others.” He also hinted that interest rates could rise […]
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces its final results for the year ended 31 December 2021. In addition, the Company gives notices of its annual general meeting (“AGM”) and publication of its annual report and accounts, both of which are […]