Search Results for: EU
UAE among top 20 countries for entrepreneurs, says Ashish Thakkar
February 17th, 2017
The UAE ranks among the world’s top 20 nations offering the best environment for entrepreneurs, according to a report by Mara Foundation and Opinium Research. The inaugural Ashish J Thakkar Global Entrepreneurship Index measures entrepreneurial environments around the world ...
Elliott Wave Analysis: EURGBP and GOLD
February 17th, 2017
EURGBP EURGBP is also moving up this week, but recovery can be corrective from Feb 13 low. We are observing wave 2 which can be looking for a reversal around 61.8% Fib. level after an ending diagonal in subwave ...
European Parliament calls for robot law
February 17th, 2017
EU-wide rules are needed for the fast-evolving field of robotics, e.g. to enforce ethical standards or establish liability for accidents involving driverless cars, say MEPs in a resolution voted on Thursday. MEPs ask the EU Commission to propose rules ...
Deutsche Boerse CEO denies insider trading allegations
February 17th, 2017
The head of Deutsche Boerse said insider trading allegations against him were unfounded, pointing out that he did not determine the timing of his share purchases ahead of the announcement of merger plans with the London Stock Exchange (LSE) ...
EU mulls reduction in threshold for country-by-country reporting
February 16th, 2017
EU plans for country-by-country reporting could target a much broader base of multinationals if proposals from the European parliament’s Committee on Economic and Monetary Affairs to slash the current threshold are adopted The proposals to amend the Directive would ...
European loan sales reach €103.3 billion for 2016
February 15th, 2017
Italy had the highest amount of NPLs at €36 billion in 2016 Deloitte expert predicts European loan sales could surpass €200 billion in 2017 Sales of European non-performing loans (NPLs) and non-core assets (NCAs) totalled €103.3 billion in 2016. ...
SIX Swiss Exchange annnounced two additional European markets
February 15th, 2017
The internationalization of the SIX Swiss Exchange Liquidnet Service (SLS) provides participants with yet more options for non-displayed trading. As of today, SLS supports trading in both Italian and Norwegian equities. This extension adds over 400 shares to the ...
EU Commission to take legal action against U.S. plans for border tax
February 15th, 2017
The European Commission says it is prepared to take legal action against US plans to impose a border tax. “If somebody is behaving against our interests or against international rules in trade then we have our own mechanisms to ...
ESMA writes to EU Commission about MiFID II SIS Operating Broker Crossing Network
February 15th, 2017
The European Securities and Markets Authority (ESMA) has written to the European Commission to raise its concern over the potential establishment of networks of systematic internalisers (SIs) by investment firms to circumvent certain MIFID II obligations; in particular, the ...
All EU Member States’ economies set to grow in 2016, 2017 and 2018, EC forecast
February 15th, 2017
For the first time in almost a decade, the economies of all EU Member States are expected to grow for three consecutive years (2016-2018) according to the European Commission’s Winter Forecast published today. The UK economy is forecast to ...
