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Traders cash in on gut feeling

  Bloomberg Traders who are better at listening to the clues their bodies give them about market patterns make more money and survive longer in the industry, according to a study by former Goldman Sachs Group Inc. derivatives trader-turned-neuroscientist John Coates. Coates, whose 2012 book “The Hour Between Dog and Wolf” revealed how traders’ decisions are influenced by biology, wanted ...

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Having a ‘blast’ among the rocks

  DPA Just before the explosion, a warning signal sounds; a few seconds later Bernd Sauter presses the button marked “fire” and thousands of tons of rock come crashing down. Sauter works at a quarry belonging to a construction materials company, HeidelbergCement, and several times a month he gets to explode cliffs of limestone to be made into cement. “It’s ...

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UAE Banks Federation welcomes bankruptcy law

  Dubai / WAM The CEO Advisory Council of the UAE Banks Federation, the professional body representing 49 banks in the UAE, has welcomed the bankruptcy law, and recognised the mutual benefit it will bring to banks and owners of businesses, especially the Small and Medium Enterprises (SMEs). This came up during the council’s third meeting of the year held ...

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