Search Results for: EC
Samsung Electronics to Acquire HARMAN
November 14th, 2016
Samsung Electronics and Harman International Industries, Incorporated today announced that they have entered into a definitive agreement under which Samsung will acquire HARMAN for $112.00 per share in cash, or total equity value of approximately $8.0 billion. Upon closing, ...
EIA Forecasts $51 Per Barrel 2017 Brent Crude Oil Price
November 14th, 2016
The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook(STEO) released on November 8 forecasts that North Sea Brent crude oil prices will average $43 per barrel (b) in 2016 and $51/b in 2017. EIA expects that West Texas Intermediate (WTI) ...
London and other global property markets could benefit from Trump election
November 12th, 2016
Property markets around the world could benefit from the election of Donal Trump as the next President of the United States but a lot will depend on how the country’s economy and dollar performs. Experts believe that it could ...
Fintech start-ups in Europe to get up to €1.6bn in funding from EIF
November 11th, 2016
The European Commission (EC) has pledged up to €400 million to the European Investment Fund’s (EIF) new fund-of-funds – for the money to be spent on start-ups in Europe, including in the fintech space. The EC has also said ...
Deloitte and Deloitte partner fined £4,000,000 and £150,000 respectively
November 10th, 2016
Deloitte LLP and John Clennett fined for Misconduct in relation to Aero Inventory Plc The Financial Reporting Council (FRC) today announces the outcome of the independent Tribunal’s disciplinary hearing concerning the conduct of Deloitte LLP and the Deloitte partner, ...
How America’s new president will affect the global economy
November 10th, 2016
From trade war with China to jobs turmoil in Mexico, Trump’s reign will pose new threats to already fragile world economy Donald Trump’s victory in the US presidential elections will have implications for the whole global economy. Mexico America’s ...
Markets recover after early losses as Trump elected 45th US President
November 9th, 2016
The newly elect president Donald Trump’s victory speech has reassured investors and calmed down markets which suffered sharp losses early Wednesday. European markets regained ground, the FTSE 100 rebounded after a two percent slump at opening. It was down ...
Tesco Bank refunded all customer accounts affected by cyber fraud; resume service
November 9th, 2016
Following the cyber theft and temporary suspension of online transactions from current accounts that affected around 9.000 customers, Tesco Bank has issued an update to inform that full service has resumed for its customers. According the statement of Benny ...
CySec approved a new Administrative Services Provider
November 9th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm has been approved: BlauStein Corporate Services Ltd Stasinou 1, Mitsi Building ...
Donald Trump was elected the 45th president of the United States
November 9th, 2016
It Is Time for Us to Come Together, Says Victorious Trump Donald Trump was elected the 45th president of the United States in a stunning repudiation of the political establishment that jolted financial markets and likely will reorder the ...
