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A common currency in the Gulf Arab region?

October 31st, 2016 (0)
Gulf single currency ‘inevitable’, says Oman cenbank chief Hamood Sangour al-Zadjali is quoted as saying that the move is only a matter of time The creation of a single currency in the Gulf Arab region has become inevitable and ...

GDP in European Union rose by 0.4%

October 31st, 2016 (0)
Preliminary flash estimate for the third quarter of 2016 GDP up by 0.3% in the euro area and by 0.4% in the EU28 +1.6% and +1.8% respectively compared with the third quarter of 2015 Seasonally adjusted GDP rose by ...

New York’s bitcoin hub dreams fade with licensing backlog

October 31st, 2016 (0)
New York’s financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopted trailblazing virtual currency rules last year. But the state lost that momentum when the agency’s chief left, putting a licensing ...

Asian Energy Stocks Fall as OPEC Split Hits Oil; Dollar Gains

October 31st, 2016 (0)
Crude drops after OPEC talks end without individual quotas Gold rises after FBI reopens probe of Clinton’s emails Asian energy stocks fell with oil after the world’s biggest crude producers failed to agree on supply cuts, while rising metals prices ...

What Else Can Central Banks Do?

October 28th, 2016 (0)
Central banks all over the world took dramatic actions during the Great Recession and its aftermath. For example, the US Federal Reserve took the “federal funds” interest rate down to near-zero in December 2008 and left it there until ...

Fujitsu and Lenovo to Explore Global Strategic PC Cooperation

October 27th, 2016 (0)
Fujitsu Limited (“Fujitsu”), Fujitsu Client Computing Limited (“FCCL”) and Lenovo Group Limited (“Lenovo”) announced today that they are exploring a strategic cooperation in the realm of research, development, design and manufacturing of personal computers for the global market. Details ...

Samsung said it aims to recover quickly from dragged Q3 mobile earnings after Note 7 shock

October 27th, 2016 (0)
Samsung Electronics Co Ltd on Thursday said it aims to recover quickly from the disastrous withdrawal of the fire-prone Galaxy Note 7 that dragged third-quarter mobile earnings to their lowest level in nearly eight years. The South Korean giant ...

Leviathan gas pipeline via Cyprus to Greece would cost about $5.7 billion

October 27th, 2016 (0)
The EU Commission, which financed a feasibility study, has recognized the pipeline as a Project of Common Interest. A feasibility study conducted by IGI-Poseidon, which was commissioned by the EU Commission, has found that laying a natural gas pipeline ...

EU Commission proposes major Tax reform; A fair tax system through the EU Single Market

October 27th, 2016 (0)
The Commission has today announced plans to overhaul the way in which companies are taxed in the Single Market, delivering a growth-friendly and fair corporate tax system. Re‑calibrated as part of a broader package of corporate tax reforms, the ...

AAT affirms ASIC’s decision to refuse an application Clemente Group Holdings Pty Ltd for a derivatives/market maker licence

October 27th, 2016 (0)
The Administrative Appeals Tribunal (AAT) has affirmed ASIC’s decision to refuse an application from Clemente Group Holdings Pty Ltd (Clemente) seeking an Australian Financial Services (AFS) licence to provide various financial services, including to make a market in derivatives. ...
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