Search Results for: France
AMF publishes draft recommendation on quarterly and interim financial disclosure
November 5th, 2014
In anticipation of the transposition of the revised Transparency Directive into national law, the AMF is publishing a draft recommendation to accompany the abolition in 2015 of the obligation to produce quarterly financial information. The revised Transparency Directive (2013/50/EU) ...
Stocks close mixed: S&P drops, Dow bumps up
November 5th, 2014
Stocks closed mixed Tuesday as markets struggled from a one-two punch of falling oil prices and renewed fears of a global slowdown. A wait-and-see posture regarding Tuesday’s elections may also be holding back investors. The Standard & Poor’s 500 ...
French, German banks each to pay 15 billion euros into resolution fund
November 4th, 2014
France and Germany have agreed that banks in each country should pay 15 billion euros ($19 billion) toward a bank resolution fund designed to limit the fallout from a banking collapse, French Finance Minister Michel Sapin said on Tuesday. ...
Euro zone to avoid recession, stagnation risks remain: EU Commission
November 4th, 2014
The euro zone will need another year to reach even a modest level of economic growth, the European Commission said on Tuesday, calling on Germany to help as Chancellor Angela Merkel again rejected a spending spree. The EU executive ...
Antitrust Goes International
October 30th, 2014
In a globalizing world economy, it’s perhaps no surprise that mergers and acquisitions are also crossing national borders more frequently–and that the risk of cartel-like behavior across national borders is also rising. The OECD lays out some background in ...
AMF warns investors against the activities of CAC Invest
October 24th, 2014
The AMF has issued a warning to draw public’s attention to the activities of CAC Invest, noting in particular that the company is not authorized to provide investment services on French territory. CAC Invest, www.cac-invest.com, presents itself as a ...
Britain ordered to pay extra €2.1bn to its 2014 EU budget
October 24th, 2014
Britain has been told by the EU that it must add an extra €2.1bn to its 2014 EU budget, as compensation for its strong economic performance. It has been told by the European commission that it must make the ...
EU leans on big banks to finance bailout fund
October 22nd, 2014
France’s banks will foot the biggest bill for Europe’s banking union, paying up to €2bn more than Germany’s lenders towards a new €55bn bank rescue fund, according to a Brussels proposal. The European Commission on Tuesday unveiled its plans ...
Total CEO dies in Moscow plane crash
October 21st, 2014
Christophe de Margerie was killed in a collision at a Russian airport. Russia’s Tass news agency says the CEO of French oil giant Total was killed when his corporate jet collided with a snow removal machine during takeoff at ...
Stocks rise: S&P 500 up for 3rd straight day
October 21st, 2014
Nasdaq also rises for a third straight day and the Dow comes back from a 120-point drop. Stocks closed higher Monday, adding to Friday’s strong rally as investors shake off last week’s volatile trading. The Standard & Poor’s 500-stock ...
