Search Results for: EC
CBC «Investment Funds Statistics» Publication
July 21st, 2014
The Central Bank of Cyprus (CBC) releases today for the first time the quarterly publication “Investment Funds Statistics”, which provides statistical aggregated data concerning Investment Funds (IFs). The data is compiled by the Statistics Department of the CBC, based ...
Europe Stocks Fall With Russia, Commodites; Rupiah Gains
July 21st, 2014
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...
China’s Huawei reports 19% jump in sales
July 21st, 2014
Chinese telecom equipment maker Huawei has reported a 19% jump in sales to 135.8bn yuan ($21.9bn; £12.8bn) for the first six months of the year. It said it expects to make an operating profit margin of 18.3% for the ...
Asia stocks mostly higher, optimistic on U.S. earnings
July 21st, 2014
Most Asian stock markets edged higher on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. Volumes were ...
EU, Fiji To Implement Interim Pacific EPA
July 21st, 2014
On July 18, Fiji notified its decision to apply the interim Pacific Region Economic Partnership Agreement (EPA), which provides for duty and quota free access into the European Union (EU) for all products from the countries concerned. Three of ...
Credit Suisse to report biggest loss since 2008 linked on Tax Fine
July 21st, 2014
Credit Suisse Group AG (CSGN) is poised to report its biggest quarterly loss since the collapse of Lehman Brothers Holdings Inc. after being fined $2.6 billion for helping American clients evade taxes. The bank will tomorrow post a loss ...
Tesco CEO Clarke to leave after profit warning
July 21st, 2014
Britain’s biggest retailer Tesco said on Monday its chief executive Philip Clarke would quit, to be replaced by Unilever executive Dave Lewis, after it issued a profit warning. Tesco said Clarke would continue as CEO until October 1 when ...
BitXatm to Launch 1,000 Bitcoin ATMs in US
July 21st, 2014
Germany-based digital currency bitcoin ATM and point-of-sale (POS) solution provider BitXatm has announced a new partnership that will find the company shipping 1,000 units to the US in a bid to build the country’s largest bitcoin ATM network. For ...
A Fox-Time Warner deal would give Murdoch new heft in China
July 21st, 2014
Rupert Murdoch’s plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack. Time Warner’s board rejected Murdoch’s $80 billion offer, but ...
UAB announces net profit of AED 328 million for H1 2014
July 21st, 2014
UAB, recently recognized as the fastest growing bank in the region, announces a net profit of AED 328 million for the first six months of the year, an increase of 26 per cent over H1 2013. Sheikh Faisal Bin ...
