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Greek – Italian joint venture wins construction contract for TAP gas pipeline
May 5th, 2016
A joint venture between Italy’s Renco and Greece’s Terna has won the engineering, procurement and construction (EPC) contract for two compressor stations and a metering station for the Trans Adriatic gas pipeline, the operator TAP said. The line will ...
Oil jumps on Canadian wildfire, Libyan fighting
May 5th, 2016
Oil prices jumped on Thursday as a huge wildfire in Canada disrupted oil sands production, while escalating fighting in Libya threatened the North African nation’s output. International benchmark Brent crude futures were trading at $45.36 per barrel at 2.54 ...
Deutsche Börse launches FinTech hub in Frankfurt
April 28th, 2016
Yesterday evening marked the opening of Deutsche Börse’s FinTech hub in Frankfurt, making it one of the first major companies of the region to support the Hessian State Government’s FinTech initiative to set up a FinTech cluster in Frankfurt. ...
International law firm appoints 24 New Partners
April 22nd, 2016
Leading international law firm, Clifford Chance has today announced the promotion of 24 lawyers to its partnership. The new partners are drawn from all of the firm’s market-leading practices and reflect the range and depth of the firm’s capability ...
Euronext announces the appointment of its new Chief Financial Officer
April 19th, 2016
Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX) announced the appointment of its new Chief Financial Officer, Giorgio Modica, as Amaury Dauge is leaving the company to pursue new professional projects in fintech in New York. Besides, the finance team is being reorganised ...
Norway Reaffirms Corporate Tax Cut Pledge
April 13th, 2016
Norwegian Finance Minister Siv Jensen has said that Norway’s corporate tax is too high and should be reduced as part of a wider package of measures designed to boost economic growth. Jensen told the Norwegian Shipowners’ Association annual conference ...
Italy Forms $5.7 Billion Fund to Shake Off Doubts in Banks
April 12th, 2016
Fund to help weakened banks sell shares and unload bad loans Atlante fund managed by Quaestio Capital investment firm Italian officials and bank executives agreed to create a multibillion-euro fund to help troubled lenders raise capital and offload bad ...
Australian stock market becomes haven for tech startups
April 11th, 2016
The Asia-Pacific region has been picking up some of the slack we’ve been encountering lately within the technology merger and acquisition (M&A) landscape. While US capital markets are tightening, tech M&A activity in the Asia-Pacific region reached a three-year ...
Low Oil Prices Forcing Saudi Arabia To Modernize Economy
March 28th, 2016
The collapse in oil prices is forcing Saudi Arabia to undertake some deep and fundamental changes to its economy, reforms that no amount of browbeating from organizations like the IMF could induce. A new report from The Atlantic Council finds that ...
Credit Suisse accelerates its restructuring
March 23rd, 2016
Tidjane Thiam, Chief Executive Officer of Credit Suisse, commented: “Our recent performance has highlighted further two key areas of challenge for Credit Suisse: – Our fixed cost base, and – Our scale in Global Markets in the Americas and ...
