Search Results for: EBA
IMF: Grenada’s Fiscal Consolidation On Track
August 29th, 2014
The International Monetary Fund (IMF) has said that Grenada has made a strong start in implementing its IMF-backed fiscal consolidation program. The IMF approved in June 2014 a three-year USD21.6m arrangement for Grenada to support the territory’s efforts to ...
$2.4 Billion Invested in Chinese Bad-debt Company
August 28th, 2014
China’s biggest manager of bad debt said on Thursday that it had attracted about $2.4 billion from eight investors, including Goldman Sachs and Warburg Pincus, before an expected initial public offering here. China Huarong Asset Management, the biggest of ...
West TX Oil Holds at $94.50 on a Neutral Inventory Report
August 28th, 2014
Brent crude dipped on Thursday, but still held between $102 and $103 a barrel, as expectations of ample supply weighed on prices. Global oil supply is expected to exceed demand this year, cooling prices. Oil futures on both sides ...
CFD COMMODITIES – Weak USD and Inventories Boost Oil
August 28th, 2014
Commodities overview Crude rose after US gas inventories shrank by 960,000 barrels Sugar Lobby in US wins higher import duty as global supply pushes prices down Gold supported by geopolitical risk and USD weakness The Energy Information Administration ...
JPMorgan and Other U.S. Banks Struck by Cyberattack
August 28th, 2014
JPMorgan Chase and a number of other United States banks, including at least four others, were struck by hackers in a series of coordinated attacks this month, according to four people briefed on a continuing investigation into the crimes. The hackers ...
Essar Energy GC considers panel shakeup following delisting
August 27th, 2014
FTSE 250 company Essar Energy’s legal team is being restructured following its controversial de-listing and general counsel Sheena Singla is considering an informal panel shake-up as a result. India’s Essar Capital, controlled by billionaire brothers Shashikant and Ravikant Ruia, ...
Keeping Corporate Lawyers Silent Can Shelter Wrongdoing
August 27th, 2014
Have you heard of Maritza I. Munich? The answer is almost certainly no, yet she is a central figure in Walmart’s unfolding bribery scandal. Ms. Munich was a Walmart lawyer who advocated an aggressive response to investigating the scandal ...
Swiss Bank Pictet Reveals Results for First Time
August 26th, 2014
The Swiss private bank Pictet Group reported its financial results publicly for the first time in its 209-year history on Tuesday, showing a profit and highlighting continuing changes in Switzerland’s traditionally secretive banking culture. Pictet, a privately held wealth ...
At Bank’s Terrorism Trial, Victim Testifies About Suicide Bombing in Israeli Bar
August 22nd, 2014
Mr. Faudem recalled that he and his girlfriend soon ducked back inside, and he remembered seeing a friend, whose birthday it was, onstage singing. “Then, the explosion. The explosion. There was a bomb,” Mr. Faudem testified on Thursday. “I ...
Gold – Drops Sharply to Support at $1275
August 22nd, 2014
Gold for Friday, August 22, 2014 Over the last few days Gold has been easing lower back towards the medium term support level at $1290 however in the last 24 hours it has fallen sharply back to the previous ...
