Search Results for: EC
EU Council confirms securities market rules MiFID II delay
May 20th, 2016
On 18 May 2016, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council, an agreement with the European Parliament on a one-year delay to new securities market rules. The one-year postponement of the transposition and application dates will ...
High Court rejects Big Tobacco’s appeal against plain packaging
May 20th, 2016
Four of the world’s largest tobacco companies have lost a high-profile legal challenge against the UK government’s new rules on plain packaging for cigarettes. British American Tobacco, Imperial Tobacco, Philip Morris International and Japan Tobacco International launched a High ...
Asia emerged as the next big opportunity in fintech
May 20th, 2016
Asia’s emerged as a key market for financial technology players, as the continent’s large population and limited banking network lures billions in funding. Investors poured $4.5 billion into fintech companies in Asia in 2015, three times the amount attracted ...
Undeniable Evidence That The Real Economy Is Already In Recession Mode
May 19th, 2016
You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown. In the “real economy”, stuff is bought and sold and shipped around the country by trucks, railroads and planes. ...
Teddy Sagi’s Xwise, a subsidiary of Playtech Cyprus Ltd is laying off 140-150 of its 200 employees
May 19th, 2016
Xwise provides supplementary services to customers who have purchased software from online gambling services firm Playtech, its parent company. Xwise, a subsidiary of Playtech Cyprus Ltd. (LSE:PTEC), whose largest shareholder is Israeli billionaire Teddy Sagi, is laying off 140-150 ...
Wirecard reports consolidated revenues to EUR 210.5 million for Q1 2016
May 19th, 2016
Wirecard AG: Strong business performance in the first quarter of 2016 Continued dynamic growth is expected during the course of the year Following the positive start to the current fiscal year, continued dynamic growth of Wirecard AG is expected ...
Europe Shares Rise With Banks as Investors Speculate on Fed Hike
May 19th, 2016
Fed presidents said that at least two hikes may be warranted Burberry retreats after reporting drop in annual earnings Banks propelled a rebound in European stocks, while investors weighed the possibility of the Federal Reserve increasing interest rates sooner ...
KPMG receives complaints over Isle of Man controversy
May 18th, 2016
KPMG’S Canadian arm is the subject of two complaints from one of the country’s largest financial worker’s unions, with the group claiming that the Big Four firm set up offshore tax structures in the Isle of Man to help wealthy Canadians ...
SafeCharge announces strong trading in the first quarter of 2016
May 18th, 2016
At today’s Annual General Meeting of SafeCharge (AIM: SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, Roger Withers, Chairman, will make the following statement. “SafeCharge enjoyed strong trading in the ...
Playtech reports Growth in daily average revenues in 2016 remains in line
May 18th, 2016
Playtech (LSE: PTEC) is today hosting its Annual General Meeting at which Alan Jackson, Playtech’s Chairman, will make the following statement: “I am delighted to say that the momentum that Playtech enjoyed in 2015 has continued into 2016. Growth ...
