Search Results for: BP
Oil rises on signs of tightening market, but economic worries weigh
April 11th, 2016
Oil prices rose on Monday, extending a sharp rally seen at the end of last week after a drop in U.S. inventories and drilling, while outages and hopes that exporters could freeze output also supported prices. Oil futures were ...
RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17
April 5th, 2016
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...
PAYFORT integrates SADAD Account via FORT to further open up the world of ecommerce for Saudi consumers
April 4th, 2016
Next generation payment gateway, ‘FORT’, now allows merchants to offer even more online payment options in Saudi Arabia PAYFORT, the Arab world’s leading online payment service provider, and SADAD Payment System (SADAD) today announced the arrival of SADAD Service ...
Mayzus Investment fined by CySec
March 31st, 2016
Further to the announcement issued regarding the imposition of Administrative Fine on CIF Ouroboros Derivatives Trading Ltd, the Cyprus Securities and Exchange Commission (CySec) has issued a second announcement to inform investors that, at its meeting held on February ...
CySec imposed an Administrative Fine of €235.000 on a Cyprus Investment Firm
March 31st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on January 18, 2016, the Commission decided to impose a total administrative fine of €235.000 to the CIF Ouroboros Derivatives Trading ...
DCCC expands Collateral Basket to include major G6 currencies
March 30th, 2016
The Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) for the Dubai Gold & Commodities Exchange (DGCX), on Monday announced that Clearing members will now be able to deposit cash collateral to the Corporation in the form of ...
UK Legislates For 2016 Budget Tax Changes
March 29th, 2016
The UK Government has introduced legislation to implement a range of tax measures announced in the Budget, including changes to income tax thresholds and a corporation tax cut. Finance Bill 2016 was introduced in Parliament on March 24. It ...
Deutsche Bank, JP Morgan team up for US$818m CMBS deal
March 29th, 2016
Deutsche Bank and JP Morgan have teamed up for the first time since the crisis to underwrite a conduit commercial mortgage bond by themselves, according to investors and syndicate sources. The US$818m deal includes only loans made by Deutsche ...
Egypt targets higher growth, deficit reduction in new government program
March 29th, 2016
Egypt promised tough action to restore growth on Sunday with a government program that aimed to reduce the budget deficit while protecting the poor as public anger mounts over a deteriorating economy. Prime Minister Sherif Ismail, reading out a ...
CFTC Orders Payment of Penalties Totaling $665,000 by Credit Suisse
March 28th, 2016
CFTC Orders Payment of Penalties Totaling $665,000 by Credit Suisse International for Violating the Speculative Position Limit for Wheat Futures and by Credit Suisse Securities (USA) LLC for Submitting False or Misleading Information to the CFTC The U.S. Commodity ...
