Search Results for: Big Four
Greece debt crisis: EU leaders gather for critical summit
June 22nd, 2015
Greece faces a critical 24 hours as European leaders gather for an emergency summit in Brussels that could break the deadlock around the country’s debt crisis. On Sunday, Greek PM Alexis Tsipras set out new proposals to try to ...
India seeks to use its oil thirst to drive bargains
June 16th, 2015
Oil Minister Dharmendra Pradhan speaks during an interview with Reuters in New Delhi, India India is trying to use its position as one of the world’s biggest energy consumers to strike better bargains for its companies with oil exporting ...
We’re All Greek Now — Some Just Don’t Know It Yet
June 16th, 2015
Let’s see…a heavily-indebted country can’t pay its bills, engages in a long series of failed attempts to manage a partial, controlled default, sees most of its capital flee to safer venues, and then, in a final act of desperation, ...
Greece Enters Fateful Week as Talks End Fruitlessly
June 15th, 2015
Greece enters what could be a defining week after last-ditch negotiations between representatives of the Greek government and its creditors collapsed on Sunday. The euro dropped as the European Commission said the talks in Brussels had broken up after ...
Fast Facts about the Debt Crisis in European Countries
June 11th, 2015
Here’s a look at the European Debt Crisis which has affected the countries of Cyprus, Greece, Ireland, Italy, Portugal and Spain. Cyprus: July 11, 2011 – A munitions explosion at a naval base kills 13 people and destroys the ...
HSBC pays out £28m over money-laundering claims
June 5th, 2015
Geneva prosecutor agrees to close investigation into HSBC in return for the financial settlement HSBC has been ordered to pay a record 40m Swiss francs (£28m) and been given a final warning by the Geneva authorities for “organisational deficiencies” which ...
Shell Expects Oil Rebound as Shale Fails to Fill Supply Gap
June 4th, 2015
Royal Dutch Shell Plc sees oil prices rising because supply from shale drilling in the U.S. won’t be enough to satisfy growing global demand. The industry needs to find an extra 4 million barrels to 5 million barrels a ...
Clifford Chance advises HTSC on US$4.5 billion IPO
June 3rd, 2015
“The largest IPO in Hong Kong in five years” Leading international law firm Clifford Chance has advised HTSC on its $4.5 billion initial public offering, the largest public offering in Hong Kong since AIA’s IPO five years ago. The offering contains a “greenshoe ...
Greek Stalemate Leaves Tsipras Face Final Creditor Offer
June 3rd, 2015
Greek Prime Minister Alexis Tsipras will be told the details of a final proposal from creditors to break a stalemate over a financial lifeline as his country runs out of options to avert a default. After European leaders and ...
What will Opec do about the oil supply?
June 3rd, 2015
With oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this week to decide whether to cut output or keep pumping ...
