Search Results for: EC
New vehicles affected worldwide by car airbag scandals; Toyota expands its recall
October 31st, 2016
An airbag defect responsible for nearly a dozen deaths in the United States and many other injuries led Toyota on Wednesday to recall nearly 6 million more vehicles worldwide. The defect affects 5.8 million airbags manufactured by Takata Corp. ...
CySec: Cyprus Investment Firm renounced its authorisation
October 31st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 30th September 2016, the CIF Starfish Markets (CY) Ltd renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of ...
Financial Firms are taking measures to the risk of high volatility and low liquidity ahead of the US Election
October 31st, 2016
Following the announcement of Dukascopy for taking measures due to the risks of high volatility, low liquidity and significant price gaps on the presidential election day in the USA, Capital Index has just announced that the firm changes the ...
The law firms that won roles in transaction that to be the largest European technology M&A deal
October 31st, 2016
Allen & Overy (A&O) and DLA Piper have won roles among US heavyweights as Qualcomm acquires Dutch firm NXP Semiconductors for $39bn. Smartphone chip designer Qualcomm has agreed to the world’s biggest automotive chip maker NXP in a deal worth $47bn including ...
Dukascopy announced reduction of leverage on US Election Day
October 31st, 2016
Dukascopy has issued an announcement to inform that due to the risks of high volatility, low liquidity and significant price gaps on the presidential election day in the USA, Dukascopy is taking the following measures: On Sunday 6 November, ...
Asian Energy Stocks Fall as OPEC Split Hits Oil; Dollar Gains
October 31st, 2016
Crude drops after OPEC talks end without individual quotas Gold rises after FBI reopens probe of Clinton’s emails Asian energy stocks fell with oil after the world’s biggest crude producers failed to agree on supply cuts, while rising metals prices ...
India to overtake US as ecommerce superpower
October 29th, 2016
India is set to overtake the US as the world’s second largest ecommerce market within the next 20 years thanks to a young, connected and growing middle class, according to research from Worldpay. While India accounts for less than ...
Samsung said it aims to recover quickly from dragged Q3 mobile earnings after Note 7 shock
October 27th, 2016
Samsung Electronics Co Ltd on Thursday said it aims to recover quickly from the disastrous withdrawal of the fire-prone Galaxy Note 7 that dragged third-quarter mobile earnings to their lowest level in nearly eight years. The South Korean giant ...
CySec has issued a Consultation Paper regarding requirements for the safeguarding of clients’ funds
October 27th, 2016
The Cyprus Securities and Exchange Commission (CySec), in the context of establishing effective arrangements and procedures for consultation with market participants, has issued a Consultation Paper regarding a proposed circular on the requirements for the safeguarding of clients’ funds. ...
Leviathan gas pipeline via Cyprus to Greece would cost about $5.7 billion
October 27th, 2016
The EU Commission, which financed a feasibility study, has recognized the pipeline as a Project of Common Interest. A feasibility study conducted by IGI-Poseidon, which was commissioned by the EU Commission, has found that laying a natural gas pipeline ...
