Search Results for: ELA
Millions stolen from UAE bank customers in ATM scam
October 23rd, 2014
A gang of Eastern Europeans has been arrested by police in Dubai on suspicion of stealing millions of dirhams from ATM customers in the UAE. According to 7Days newspaper police arrested the gang after uncovering their elaborate scam that ...
P&G shuffles management, focuses on gaining market share
October 23rd, 2014
Procter & Gamble Co (PG.N) said on Wednesday that the head of its North American business, Melanie Healey, will retire next June, as the company puts together a new leadership team in an effort to revive sagging sales growth ...
U.S. Court hears arguments on sex discrimination at Goldman Sachs
October 23rd, 2014
Goldman Sachs Group on Wednesday attacked expert evidence offered by attorneys for former female employees in a U.S. federal sex discrimination lawsuit, arguing there was no pattern of gender-based pay and promotion disparities at the bank. In the first ...
Asian shares bask in glow of U.S. tech earnings
October 22nd, 2014
Asian shares rose on Wednesday as upbeat results from two U.S. technology bellwethers and hopes of fresh stimulus from the European Central Bank offset concerns about the outlook for the global economy. MSCI’s broadest index of Asia-Pacific shares outside ...
EU Reaches Trade Deal With East African Community
October 22nd, 2014
The European Union has said the conclusion of a new trade deal with the East African Community (EAC) means that EAC countries no longer have to worry that their improving economic status will lead to the loss of full ...
National Bank of Oman highlights distinctions between conventional and Islamic finance
October 22nd, 2014
“The GCC countries have committed to actively strengthening their positions in the Islamic finance market, with Saudi Arabia currently in the lead. We, at the National Bank of Oman, have been doing significant work in the Islamic finance domain ...
After JPMorgan Cyberattack, fortification of Wall Street Banks is a must
October 22nd, 2014
Federal and state regulators are said to be discussing fortification of a critical area of cybersecurity: outside vendors, including law firms, accounting and marketing firms and even janitorial companies. This summer’s huge cyberattack on JPMorgan Chase and a dozen ...
London tech startups attract $200m Singapore venture capital fund Infocomm
October 21st, 2014
Singapore venture capital fund Infocomm is setting up shop in the capital, bringing its $200m (£124m) fund to startups in London and the rest of Europe for the first time. The move was spurred by the momentum in the ...
China’s economic growth slows to 7.3 percent in third quarter, near six-year low
October 21st, 2014
China grew at its slowest pace since the global financial crisis in the September quarter and risks missing its official target for the first time in 15 years, adding to concerns the world’s second-largest economy is becoming a drag ...
CySec: Directive regarding Tied Agents
October 21st, 2014
The Cyprus Securities and Exchange Commission (CySec) issued an announcement informing those market participants concerned, that, on October 17th 2014, Directive “DI144- 2007-13 of the Cyprus Securities and Exchange Commission in relation to Tied Agents”, was published in the Official Gazette ...
