Search Results for: NEX Group
Adco investing up to $7bn in commitment to meet 2017 oil production target
November 11th, 2014
The Abu Dhabi Company for Onshore Oil Operations (Adco) is set to invest a further US$5 billion to $7bn to meet its production target of 1.8 million barrels per day (bpd) by the end of 2017, the company’s chief ...
Most Asian Stocks Climb as Topix Advances on U.S. Rally
November 11th, 2014
Most Asian stocks rose as Japan’s Topix index climbed after the yen extended losses and corporate earnings beat estimates. Nissan Motor Co. (7201), which gets 43 percent of its revenue in North America, gained 1.4 percent. Amorepacific Corp. surged 9.3 percent in ...
Over 1,000 business leaders support fundamental change to UK’s relationship with the EU
November 10th, 2014
More than 1,000 business leaders have signed up to the campaign group Business for Britain, which lobbies for significant change to Britain’s relationship with the EU. An advert with all the signatories was published in today’s Sunday Telegraph. The ...
Financial Stability Board to Propose Stricter Capital Rules for Global Banks
November 10th, 2014
The Financial Stability Board, a panel made up of central bankers, finance officials and top regulators from the world’s largest economies, plans to announce proposals Monday that would double the amount of money that large banks would be required ...
Competition watchdog to investigate UK current account and SME banking market
November 7th, 2014
The UK’s Competition and Markets Authority is to launch a full-scale investigation into personal current accounts and SME banking, following a three month consultation exercise. The CMA published two studies in July which indicated that regulatory barriers and limited ...
Gold Slumps With Silver to Lowest Since ’10 as Platinum Retreats
November 7th, 2014
Gold and silver tumbled to the lowest level in more than four years as a gauge of the dollar headed for the biggest weekly advance in more than 12 months, curbing demand. Platinum dropped to the lowest since 2009. ...
Foreign Investment Key To India’s Energy Future
November 7th, 2014
For a country of the size and complexity of India, there can be no easy solution to a problem as fundamental as giving the whole country access to steady power. With coal contributing about 60% to Indian power generation, ...
UK banks face break-up threat as competition probe launched
November 6th, 2014
Britain’s big banks could be broken up after the country’s competition watchdog launched a full-blown investigation into services for small business customers and personal accounts because of a lack of competition. It marks the latest step by authorities to break the dominance of ...
Stewarts appoints PwC lawyer as first tax litigation chief
November 6th, 2014
Pickstone has experience of acting for large corporates, financial institutions and high-net-worth individuals in tax disputes before the tax tribunals and in court. He said the new group would focus on both commercial tax disputes such as those arising ...
MPs urged to back readoption of European arrest warrant
November 6th, 2014
Britain risks becoming a haven for fugitives if MPs fail to endorse the country’s participation in the European arrest warrant (EAW) in a forthcoming parliamentary vote, leading legal, law enforcement and academic figures have warned. The EAW is one ...