Search Results for: OCED
How domestic economic strength can prevail over global weakness
January 26th, 2016
Find below the Keynote speech by Mario Draghi, President of the ECB, at the Deutsche Börse Group New Year’s reception 2016, Eschborn, 25 January 2016 Thank you, Mr Faber, for your very kind introduction. And let me start by ...
How are banks actually going to use blockchains and smart contracts?
January 25th, 2016
Banks are now officially collaborating on connected distributed ledgers, something of a milestone in the blockchain narrative. But how are they actually going to use computational blockchains that can operate that well-known term of art – “smart contracts”? Dr ...
S.Korean antitrust agency probes Volkswagen over emissions ads
January 22nd, 2016
South Korea’s antitrust regulator is probing Volkswagen AG over its advertising claims on emissions from its cars, an official at the agency told Reuters on Friday. The Fair Trade Commission official said a probe is under way without elaborating. ...
Volkswagen faces shareholder claims over emissions scandal
January 19th, 2016
Dozens of large shareholders in Volkswagen (VOWG_p.DE) plan to sue the carmaker in a German court, seeking compensation for the plunge in its shares due to its emissions test cheating scandal. Law firm Nieding + Barth said on Monday ...
IMF to remain part of bailout program, Greece told
January 15th, 2016
Remarks by J.Dijsselbloem following the Eurogroup meeting of 14 January 2016 Below is a statement by J.Dijsselbloem: Good afternoon and welcome to this press conference. I will address the issues that we discussed today and then give the floor ...
Hedge fund manager barred from managing client money until 2018
January 11th, 2016
Steven A. Cohen Barred From Supervisory Hedge Fund Role SEC Examinations and Independent Consultant Reviews Also Part of Settlement The Securities and Exchange Commission announced that hedge fund manager Steven A. Cohen will be prohibited from supervising funds that manage ...
Record number of brokers barred, suspended in 2015
January 7th, 2016
A record number of punishments were levied against bad brokers in 2015 by the Financial Industry Regulatory Authority (Finra), the brokerage industry’s personal regulator. In 2015, 492 brokers were barred from Wall Street and 737 were suspended, according to data ...
Tech trends 2016: Cybersecurity in the connected world
January 5th, 2016
This year, cybersecurity will be the main issue vexing global business, firms say, and it will become more critically important as the internet of things takes off and our world becomes ever more mobile and connected. Lawyers, accountants, digital ...
EU, Ukraine Cut Trade Taxes Through New Free Trade Deal
January 5th, 2016
On January 1, 2016, the tariff cuts contained in the Deep and Comprehensive Free Trade Area (DCFTA) between the European Union and Ukraine became effective. Welcoming the deal, the European Commission said the application of the DCFTA of the ...
United States Files Complaint Against Volkswagen, Audi and Porsche for Alleged Clean Air Act Violations
January 5th, 2016
The Department of Justice, on behalf of the Environmental Protection Agency (EPA), today filed a civil complaint in federal court in Detroit, Michigan, against Volkswagen AG, Audi AG, Volkswagen Group of America Inc., Volkswagen Group of America Chattanooga Operations ...
