Search Results for: EBA
Mexican Congress Approves New Rules for Oil Industry
August 6th, 2014
Mexico’s Congress approved on Tuesday a sweeping overhaul of the energy industry that cleared the way for international giants to tap Mexico’s rich reserves of oil and gas. The new legislation is the centerpiece of President Enrique Peña Nieto’s ...
Crédit Agricole Takes $950 Million Hit on Portuguese Bank
August 5th, 2014
The French bank Crédit Agricole said Tuesday that it nearly had its entire second-quarter profit wiped away as it took a $950 million charge to write off its entire investment in the troubled Portuguese lender Banco Espírito Santo, in ...
Tax Inversion: What’s the Real Story?
August 5th, 2014
Tax inversion is turning the country inside out. Although the rhetoric flying back and forth is complex, the basic premise is actually quite simple: Multi-national corporations that are reaping profits after taking advantage of favorable U.S. laws are relocating ...
Bulgarian Government Urged to Solve Banking Crisis
August 5th, 2014
Bulgaria is dealing with its worst banking crisis since the 1990’s as the European Union and international investors have issued warnings about the fate of one of the country’s largest banks. The Bulgarian government is struggling to find a ...
Clashes with Russia point to globalization’s end
August 4th, 2014
As the European Union and the United States ramp up their sanctions on Russia, President Vladimir Putin’s plans for retaliation seem to include an attack on McDonald’s. There could not be a more powerful symbol that geopolitics is increasingly ...
Microsoft must provide foreign customer’s e-mails
August 1st, 2014
Microsoft Corp must turn over a customer’s emails stored in a data center in Ireland to the US government, a US judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies. ...
RBS warns Scottish ‘yes’ vote would materially impact business
August 1st, 2014
Royal Bank of Scotland (RBS.L) said on Friday that a vote by Scotland to become independent from the rest of the United Kingdom could significantly increase its costs and have a material impact on its business. RBS, which is ...
Technical Analysis Australia 200 – Falls Sharply from Six Year High
August 1st, 2014
Technical Analysis Australia 200 for Friday, August 1, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last few days returning back to below the 5550 level in the ...
Technical Analysis AUD/USD – Desperately Clinging to 0.9300
August 1st, 2014
Technical Analysis AUD/USD for Friday, August 1, 2014 The Australian dollar is presently trying to cling onto the 0.93 level after its sharp over the last few days which saw it move from above 0.9400 down to a seven ...
Alibaba Is Investing big in U.S. Tech Companies
August 1st, 2014
Chinese Internet retailer, Alibaba Group, is going to America with plans for big investment. In March, Alibaba made a $215 million investment in Tango, a messaging app. It recently contacted Snapchat, another messaging app that this year turned down a $3 ...
