Search Results for: Energy
PwC elects new chairman in the UK and Middle East
May 4th, 2016
PwC, the business advisory firm, has announced the election of Kevin Ellis as its new Chairman and Senior Partner in the UK and Middle East for a four year term, with effect from 1 July 2016. Kevin is currently ...
Credit Suisse to Sell Distressed-Debt Portfolio for $1.27 Billion
May 4th, 2016
Credit Suisse will take new $100 million charge Credit Suisse Group AG agreed to sell a big chunk of distressed-debt assets, helping to speed the Swiss bank’s retreat from risky trading businesses. TSSP, a credit-investing affiliate of private-equity firm TPG, will ...
SEC announced fraud charges against 10 individuals involved in schemes to trick investors
May 4th, 2016
The Securities and Exchange Commission today announced fraud charges against 10 individuals involved in schemes to trick investors into buying shares of a particular company stock. The schemes were allegedly fraught with cash bribes and other kickbacks to registered ...
Iran begins oil cooperation talks with US, Canada
April 28th, 2016
Tehran has entered into talks with the US and Canada to agree on selling petrochemicals, buying new technologies in the oil industry and also to discuss investments in Iran’s oil and gas sector, Iranian media reported yesterday. Iran’s Foreign ...
Fed holds on rates
April 28th, 2016
Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed. Growth in household spending has moderated, although households’ real income ...
Asian Stocks Fall as BOJ Leaves Monetary Policy Unchanged
April 28th, 2016
Shares slide in Tokyo market, led by brokerages and banks Economists confounded as BOJ refrains from adding to stimulus Asian stocks fell, led by a slump in Tokyo shares, after the Bank of Japan refrained from adding to its ...
Asian Stocks, Nasdaq Futures Slide on Apple; Aussie Sinks on CPI
April 27th, 2016
European shares fluctuate amid mixed earnings; Total climbs Apple, Twitter add to technology gloom as forecasts disappoint Treasuries rose, sending 10-year yields lower for the first time in eight days, and the dollar weakened, as markets signaled caution before ...
Europe Stocks Little Changed as Munich Re Falls, Barclays Gains
April 27th, 2016
European equities fluctuated, inching lower for the fourth time in five days, with investors increasingly skeptical about the recent rally scrutinizing earnings releases. Munich Re fell 3.5 percent, dragging insurers lower, after forecasting lower profit than previously expected. Barclays Plc climbed ...
Herbert Smith Freehills promotes 20 to partnership
April 26th, 2016
International law firm Herbert Smith Freehills announced the promotion of 20 lawyers to its global partnership. The promotions take effect on 1 May, 2016. Demonstrating the firm’s commitment to investing in its global network of offices and creating a ...
Asian Stocks Slip Before Fed, BOJ as Yen Rises; Ringgit Slides
April 26th, 2016
Copper drops as oil resumes gains; U.S. Treasuries advance Malaysia’s currency slumps as state fund misses bond payment Asian equities fell for a third day and copper dropped to a one-week low as investors shunned riskier assets ahead of ...
