Search Results for: EU
Israel, Greece and Cyprus to explore gas pipeline to Europe
January 29th, 2016
Greece, Israel and Cyprus will explore the possibility of building a natural gas pipeline to Europe, tapping huge gas reserves discovered in the eastern Mediterranean in recent years, leaders of the three countries said on Thursday. Israel has reported ...
European Commission presents new measures against corporate tax avoidance
January 29th, 2016
European Commission has issued a press release to inform on a proposal for Fair Taxation. As stated, proposals aim for a coordinated EU wide response to corporate tax avoidance, following global standards developed by the OECD last autumn. New ...
Europe fines car parts producers for participating in cartel
January 28th, 2016
Antitrust: Commission fines car parts producers € 137 789 000 in cartel settlement European Commission has issued a press release to inform that: The European Commission has imposed fines of €137 789 000 on Melco (Mitsubishi Electric) and Hitachi ...
Euronext launches sugar contract
January 27th, 2016
A hedging solution for European sugar Euronext announced that it will be launching a new Sugar commodities futures contract in the autumn of 2016, subject to regulatory approval. Aimed at all the actors of the European Union Sugar ecosystem, ...
Greece Is First EU Country Out Of The Gate To Buy Iranian Oil
January 27th, 2016
Greece, once a leading European customer of Iranian oil before the imposition of Western sanctions in 2012, will be the first European country to resume buying Iranian crude now that the sanctions have been lifted. The country’s biggest oil ...
EU says to monitor, not regulate ‘hyped’ virtual currencies
January 26th, 2016
The European Union will monitor rather than regulate “hyped” virtual currencies for now, because too little is known to justify new rules beyond reining in specific risks like money-laundering, the body’s executive said on Monday. The world’s 600 virtual ...
Visa’s contactless payments soar by 250pc in the UK, as firm reports record revenues in Europe
January 26th, 2016
Cash is no longer king in the UK, where Visa Europe‘s contactless payments soared by 250 per cent last year. The electronic payments business said that people purchasing items by waving their Visa credit or debit cards over payment terminals ...
Deutsche Bank Convicted With Trader for Korea Stock Manipulation
January 26th, 2016
Employee gets five-year jail term for causing 2010 Market Rout Bank is fined for role in erasing $23 billion in share values Deutsche Bank AG’s South Korean brokerage unit and one of its employees were convicted of manipulating share ...
Europe’s big banks remain wary of doing business with Iran
January 25th, 2016
Sanctions have been lifted but uncertainty over US authorities’ stance means banks are reluctant to handle payments A week after the lifting of sanctions against Iran, major European banks are still reluctant to handle Iranian payments as they remain wary of ...
Euclid Opportunities invests in Digital Asset Holdings
January 25th, 2016
ICAP plc (IAP.L), announced that it has invested in Digital Asset Holdings LLC, a developer of Distributed Ledger Technology for the financial services industry. The investment was made through Euclid Opportunities, ICAP’s early stage fintech investment business, and forms ...
