Search Results for: EC
ESMA welcomes the publication of the ESFS Review Report
August 8th, 2014
The European Securities and Markets Authority (ESMA) has welcomed the publication of the European Commission’s (EC) Report on the operation of the European Supervisory Authorities (ESAs) and the European System of Financial Supervision (ESFS). The EC’s Report, to the ...
SRA approves first council ABS licence
August 8th, 2014
The Solicitors Regulation Authority has granted a first alternative business structure licence to a local authority. Buckinghamshire Law Plus Limited will be licensed to undertake litigation and probate services, among other reserved activities. The entity, which has been planned ...
GSK-linked investigators stand trial in China – closely watched case
August 8th, 2014
A British investigator and his American wife will stand trial in Shanghai on Friday in a case that is seen as key to a bribery investigation against GlaxoSmithKline Plc. Peter Humphrey and his colleague and wife Yu Yingzeng, who ...
Gemalto will acquire SafeNet for $890 Million
August 8th, 2014
Gemalto, the Dutch digital security company announced that it has agreed to pay 890 million to acquire the data protection software provider, SafeNet. Gemalto’s security products are used for mobile wallets and online banking and in some national identity ...
Dollar Gains to Almost 9-Month High Versus Euro on Policy
August 8th, 2014
The dollar strengthened to an almost nine-month high against the Euro after European Central Bank President Mario Draghi signalled monetary policy will diverge from the U.S. for an extended period of time. The greenback rose against all but one ...
Sell in May? Stocks flop: Dow hits lowest level since May 20
August 8th, 2014
Stocks fell Thursday as investors continued to worry about rising global tensions despite reports of an improving U.S. economy. The Dow Jones industrial average ended down 75 points, or 0.5%, to 16,368.27. The Standard & Poor’s 500 index fell ...
Interview with WL Ross Co. Chairman & CEO (Video)
August 8th, 2014
Wilbur Ross talking to Fox Business explains how Tourism will boost Cyprus’ economy. The full interview is available at the following video:
Canada, EU Complete Free Trade Agreement Text
August 8th, 2014
Officials have finalized the text of the delayed Comprehensive Economic and Trade Agreement between Canada and the European Union. An agreement in principle was reached in October 2013, but it has since proven difficult to resolve the remaining technical ...
Russia Bans All Food Imports From U.S., EU, Australia, Canada, Norway
August 8th, 2014
Russia banned most food imports from the West on Thursday in retaliation for sanctions over Ukraine, an unexpectedly sweeping move that will cost farmers in North America, Europe and Australia billions of dollars but will also likely lead to ...
Chinese banks get serious – risk of bad debts swell
August 8th, 2014
Chinese banks are scrambling to get on top of bad debts they have downplayed for years, cutting off riskier borrowers and further tightening lending terms. China’s banks keep reporting bad loan levels well below what most analysts consider realistic, ...
