Search Results for: Africa
Financial technology company MyBucks starts trading today on the Frankfurt Stock Exchange
June 23rd, 2016
MyBucks – the first African focused Fintech company listed in Germany – starts trading today on the Frankfurt Stock Exchange MyBucks S.A. successfully raised EUR 15.5m in its IPO First trading day of shares at Frankfurt Entry Standard today ...
INTL FCStone Ltd.’s Global Payments Division reports increase in cross-border payments
June 14th, 2016
Facilitated ~101,000 payments in CY Q1 2016; an increase of ~14% vs. CY Q1 2015 Signed 500th institutional client in CY Q2 2016 Transferred more than $22 billion in payments in CY 2015; on track to increase in 2016 INTL FCStone Inc. (NASDAQ: ...
BP announces latest gas discovery in Egypt’s East Mediterranean
June 13th, 2016
BP Egypt announced today another important gas discovery in the Baltim South Development Lease in the East Nile Delta. The Baltim SW-1 exploration well, drilled in water depth of 25 metres by operator IEOC (Eni), reached a total depth ...
Oil hovers near eight-month highs on U.S. inventory draw
June 8th, 2016
Oil prices rose for a third day to their highest in about eight months on Wednesday, helped by industry data showing a larger-than-expected drawdown in U.S. crude inventories, worries about attacks on Nigeria’s oil industry and strong Chinese demand. ...
Tullett and ICAP merger faces an in-depth investigation
June 8th, 2016
Tullett’s anticipated acquisition of ICAP’s voice/hybrid broking business faces being referred for an in-depth investigation by the CMA. Tullett Prebon plc (Tullett) and ICAP plc (ICAP) are leading global interdealer brokers, companies that typically sit between investment banks helping to find buyers ...
Asian Stocks Rise With Won on China Trade Data; Oil Above $50
June 8th, 2016
Chinese imports rose in yuan terms for first time since 2014 Shanghai, Hong Kong shares pare losses as kiwi strengthens Asian stocks recovered from earlier losses and South Korea’s won extended gains as Chinese trade figures added to evidence the ...
This technology will overtake mobile phones in two years
June 6th, 2016
16 billion connected devices forecast to join Internet of Things by 2021-end Internet of Things (IoT) is set to overtake mobile phones as the largest category of connected device by 2018, according to the latest edition of the Ericsson ...
CME announced that May 2016 volume averaged 14.9 million contracts per day
June 3rd, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, today announced that May 2016 volume averaged 14.9 million contracts per day, up 6 percent fromMay 2015. CME Group May 2016 options volume averaged 2.8 million contracts per day, up 10 percent versus May ...
Shell to launch its own offshore legal centre
May 31st, 2016
In the latest twist to the offshoring saga, and following news last week that two global 100 firms are to outsource to Poland and Manila, Royal Dutch Shell is preparing to open its own offshore legal centre to service ...
Three key measures to fight tax evasion by multinationals
May 30th, 2016
One trillion euro is taken from the hands of citizens each year as a result of tax avoidance. That’s Euro 2000 per citizen. A large sum of money that won’t be invested in social security, education, job development or ...
