Posts Tagged ‘ New York ’

The Foreign Exchange Business

forex

The Forex market is a global and open market that is used to trade foreign exchange currencies.  Currency exchange operations in the Forex market take place on a 24 hour basis with the exception of the weekends.

In international business, currency conversion is required on a daily basis.   Global Financial Centres such as London, New York, Hong Kong act as hubs for buyers and sellers to trade in financial instruments.  Typically, the income for such FX trades comes from the largest players in the financial market like  BNY Mellon, Goldman Sachs and Citi.    Traders deal Dollars, Euros, Yen etc. on behalf of investors (the investor profile typically being large institutions). Continue reading

Double Standards: The Tale Of Sean Dunne

DUNNE

Up until a few months back, the only business-trader this correspondent heard of negotiating deals while still bankrupt was Del ‘Boy’ Trotter; when he convinced Sid, the manager of the Nag’s Head, & Denzil, the owner of an artic-truck into a bulk-buying booze-run to Calais (while still insolvent due to bad investments in the Central American markets).

Your correspondent heard of another business-man recently negotiating a deal while still bankrupt, namely the property developer Sean Dunne; who helped convince the seller of 74 Grand Street, Soho, Manhattan to trade it for €3.6 million (while still insolvent due to bad investments in the Irish market).

Continue reading

How Big Businesses Use Emotional Power Of Logos

logo-infographic

Golden arches. Swoosh. Mouse ears. You know what they mean. Some logos are so powerful that they don’t need to spell out their names, or that they transcend cultural borders. How can these simple, trivial little artworks inspire global familiarity with so many of them having become iconic? Because they’re not trivial or simple.

Iconic logos are masters of subtleties and understatements. In the infographic, we learn that logos carry sublime colour meanings. Do you ever wonder why some logos are bright yellow and some red? Why luxury brands are usually black, white, or brown, while corporate logos are blue? Continue reading

News in Brief-Brooks Mania Grows As BBC Makes Unfortunate Error

bbc

NIB has been away swimming through Cork (you may have seen us on the news), hope no one was too distraught, anyway we’re back now, stop crying.

Seems while we were gone the Neknomination craze took off with dire consequences. The latest story following the Facebook phenomenon has seen an Irish girl in Australia swallow a goldfish in her “neknominated” pint. NIB hoped it was the classic carved carrot joke but sadly not. The girl, a trainee solicitor no less, from Newry has since received death threats and online abuse, to which she replied, celebs do it on I’m a Celebrity Get Me Out of Here (How did she get through the entry exams?) and, you know, she get’s it yeah? Writing on her Twitter “feel depressed.” To what extent can humans become more ridiculous? Continue reading

Seahawks Thump Broncos To Claim First Super Bowl

seattle

There are a number of simplistic clichés that could be trotted out in an attempt to rationalize the result of Super Bowls. “Defense wins championships” is the most common one that comes to mind, and one that has been uttered many times in the hours after this game. But it is too simplistic a way to try and explain the result of any championship decider, as great as the all-encompassing mantra seems. In the case of Super Bowl XLVIII, it doesn’t even begin to tell the story.

It all started to go wrong for Denver at the coin toss. As Joe Namath and his extraordinarily lavish coat flipped the coin and the Seahawks correctly guessed tails, they decided to defer receiving the ball until the second half, which is the current thinking in NFL circles. Yet when Seattle registered the opening score of the game on the very first play, it was through no great effort of their own. As center Manny Ramirez geared up to snap the ball, Peyton Manning approached the line to change the play call, while the nervous energy flowed through his center. He flung the ball high, which would have been awkward for Manning to take had he been expecting it. Given that he wasn’t, he had no chance with it. The Broncos defenders rushed back to the end zone, covering the ball and giving up a safety. They were fortunate it wasn’t a touchdown. Continue reading

NFL: Seahawks And Broncos Battle For Super Bowl XLVIII Success

nfl

Welcome to the greatest sporting spectacle on Earth. The Super Bowl is the annual main event of the NFL, a glitzy and glamorous affair with huge hype, much analysis and a farcically long half-time show (this year featuring Bruno Mars and the Red Hot Chilli Peppers). At some point, a game will also break out. And this one should be a cracking encounter, with Peyton Manning bringing his outstanding Denver Broncos offense to meet the Seattle Seahawks and their top ranked defence. Here, we look ahead to the game and preview some of the factors that could decide the game.

Denver Broncos versus Seattle Seahawks (kick-off Sunday, 23:30)

The bookies have had a tough time trying to decide who the actual favourite is for this game, which sounds about right as both teams are very strong in their own right. While Denver have blown away many opponents as Peyton Manning has broken all sorts of passing records during the season, Seattle arrives with a power house of a defense that is capable of matching up with and taking on the Broncos strong receiver corps, with their own tough-talking gang of defensive backs known as the “Legion of Boom”. This is the clash where both teams strengths will meet, and if either side can gain an advantage in this area it would make it a very tough game for the other to win. Continue reading

Jimmy Ellis : The Forgotten Champ

When people think of a former World Heavyweight Champion they think of the greats like Muhammad Ali , Joe Frazier, George Foreman, Max Schmeling and the list goes on. One name you won’t hear though is that of Jimmy Ellis.

Ellis , a native of Louisville,  Kentucky, started boxing as an amateur after watching a friend box the one and only Muhammad Ali on a televised amateur show called “Tomorrow’s Champions”. After watching his friend ( Donnie Hall) lose, Jimmy Ellis thought he had what it took to be a fighter. He followed his friend to Louisville’s Columbia Boxing Gym where he started his amateur career under the coaching of a police officer called Joe Martin. Ellis was no doubt a talent, notching up a very impressive amateur record winning 59 of his 66 fights. He fought Ali twice as an amateur, losing the first and winning the second. He was a Golden Gloves Champion and no doubt was a big prospect as he turned pro in 1961. Continue reading