Latest Articles from Daniel Pereira

Gaming industry heavyweights facing uncertain futures

Daniel Pereira — Tue, 19 Jun 2012 12:50:35 Z

The videogame industry, upended by a surge in the popularity of 'casual' mobile and social gaming apps, faces some dramatic years of rethinking and evolution. At the beginning of the current

JPMorgan losses grow as speculation intensifies

Daniel Pereira — Wed, 23 May 2012 12:17:24 Z

According to analysts at Morgan Stanley ( MS ), the losses sustained by JPMorgan Chase's ( JPM ) chief investment office in London will reach $5 billion rather than the $3

Barclays Bank set to sell entire $6.1 billion BlackRock stake

Daniel Pereira — Mon, 21 May 2012 12:13:16 Z

Barclays Bank ( BCS ) - the second largest bank in the United Kingdom by assets - announced Monday that it will dispose of its entire ownership in BlackRock ( BLK ), the

Brazilian real slips below key mark against dollar

Daniel Pereira — Tue, 15 May 2012 11:52:54 Z

The Brazilian real slipped to R$2.00 versus the U.S. dollar in Monday trading , a key benchmark which suggests that finance minister Guido Mantega has made progress in battling the Latin

What JPMorgan's $2 billion loss means for the bank and the industry

Daniel Pereira — Mon, 14 May 2012 10:53:01 Z

Last week, JPMorgan Chase ( JPM ) announced in its quarterly report that its London trading desk lost $2 billion in a risky series of financial transactions that hedged the bank against

Cyberwarfare threat against energy infrastructure remains poorly understood

Daniel Pereira — Wed, 09 May 2012 12:00:18 Z

The Stuxnet virus - most likely created and deployed by U.S. intelligence services - represented a new phase of warfare, in which malicious code could physically and dramatically affect and

Australian dollar slides in response to RBA rate cut

Daniel Pereira — Tue, 01 May 2012 12:40:35 Z

The Australian dollar lost ground in trading today, falling about 1 percent against the U.S. dollar, the Japanese yen, the British pound and the euro. The main driver for the decline came

Will we see a new wave of shareholder activism?

Daniel Pereira — Thu, 26 Apr 2012 12:49:10 Z

Earlier this month, Citgroup ( C ) shareholders voted to reject a $15 million pay package for chief executive officer Vikram Pandit, with 55 percent of the votes against the

Anti-Iran Sanctions Prompt Oil Jousting

Daniel Pereira — Mon, 23 Apr 2012 16:48:37 Z

Iran's oil customers have begun significant jousting and re-positioning to avoid trouble caused by the U.S. sanctions levied against the Middle Eastern nation. Iran's commerce partners are

Haunted Europe - the specters of crisis

Daniel Pereira — Mon, 23 Apr 2012 11:47:01 Z

Until this weekend, investors and policymakers generally regarded the Dutch government as a basically uninteresting sideshow to the critical issues facing the European Union. Yet a sudden

Argentina sparks trade war by nationalizing YPF

Daniel Pereira — Tue, 17 Apr 2012 12:10:03 Z

The Argentine government led by Cristina Fernández sparked a fierce controversy and a potential trade war this week by re-nationalizing the country's largest oil

Eurozone risk grows as Spanish yields top 6 percent

Daniel Pereira — Mon, 16 Apr 2012 11:02:03 Z

Lending money to the eurozone's fourth-largest economy just got a bit riskier - and a bit more profitable. News sources reported today that the yield on Spanish sovereign

For the biggest players, the recession is more than over

Daniel Pereira — Tue, 10 Apr 2012 12:37:48 Z

News about the end of the recession can seem peculiar or unfamiliar to many workers or to investors who haven't allocated their funds into the right sectors. Though unemployment is on the

End of the euro as we know it

Daniel Pereira — Wed, 04 Apr 2012 12:20:23 Z

An 11-year-old boy went viral this week - not an unusual occurrence in itself, but perhaps somewhat more unexpected because his entry into the halls of internet celebrity came in the form of an

End of a nuclear era in Japan helps push oil prices higher

Daniel Pereira — Tue, 27 Mar 2012 12:49:24 Z

Drivers around the world may confront higher prices at the pump for an unexpected reason - rising demand for oil in Japan spurred by the closure of most of the country's nuclear