Search Results for: EU
Amplats to sell strike-hit South Africa mines
July 21st, 2014
World number-one platinum producer Anglo American Platinum (AMSJ.J) is to sell a swathe of its most labor-intensive South African mines after a five-month strike shattered its hopes of ever making them profitable. The mines account for over half of ...
Julius Baer expects to settle U.S. tax case in months
July 21st, 2014
Julius Baer (BAER.VX) expects to strike a deal with U.S. authorities in a matter of months to settle a criminal investigation into the Swiss bank’s role in helping wealthy Americans evade their taxes, its chief executive said on Monday. ...
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 ...
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 ...
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 ...
Malaysia Airlines faces doubtful future
July 18th, 2014
Shares in Malaysia Airlines closed down 11% in Malaysia following the crash of flight MH17 in Ukraine on route from Amsterdam to Kuala Lumpur. Some Asian stock markets also ended the day lower on fears the crash may intensify ...
GE net profit rises
July 18th, 2014
General Electric Co (GE.N) posted a 13 percent rise in quarterly net income on Friday, helped by increases in sales of its jet engines and oil and gas equipment. The U.S. conglomerate said it was targeting the initial public ...
Gold Retreats From $1320 Line
July 18th, 2014
Gold started Friday trading just below resistance at $1320, and has dipped lower, losing much of the gains we saw a day earlier. In the European session, the spot price stands at $1309.60 per ounce. On the release front, ...
