Search Results for: German
What Gigantic natural gas discovery in Egypt’s coast promises means
September 3rd, 2015
Huge offshore gas field could end Egypt’s fuel crisis, but will take years to develop The discovery of a huge gas field off Egypt’s coast promises to ease a long-running fuel crisis and boost the economy after years of ...
BitPay calls on industry to form ‘Bitcoin Association’
September 2nd, 2015
BitPay, the leading processor of Bitcoin payments, said it’s about time the biggest companies in the space began working together, and even suggested the formation of a “Bitcoin Association” to help promote the currency. Sonny Singh, chief commercial officer ...
Russia’s Fist Just Clenched Around the Internet a Little Tighter
September 2nd, 2015
A new Russian law imposes restrictions on foreign Internet firms. It’s a feeling locals already know all too well. Global Internet firms operating in Russia wake up on Tuesday to a new era in Kremlin regulation. A law now ...
European stocks suffer as China outlook continues to worsen
September 1st, 2015
More than £30bn was wiped off FTSE 100-listed stocks this morning, after new economic data from China reduced hopes of a recovery from last week’s market turmoil. The FTSE dipped below 6,100 points in mid-morning trading, 2.4 per cent ...
An unexpected victim of Greek crisis
August 31st, 2015
Dutch drama over Greek crisis The Greek crisis may have claimed an unexpected new victim: Dutch Prime Minister Mark Rutte. In a five hour debate last week on the Dutch support for the latest bailout for Greece, the leader ...
IMF: A form of debt restructuring should enable Greece to handle its “unviable” debt
August 31st, 2015
Crisis in Greece: IMF’s Lagarde says restructuring should suffice A form of debt restructuring rather than outright forgiveness should enable Greece to handle its “unviable” debt burden, the head of the International Monetary Fund was quoted as telling a ...
Economics of a crash
August 31st, 2015
This month has seen something that happens not very often: it appears to be the early stages of a global stock market crash. For the moment investors are in shock, seeking reassurance and keenly intent on preserving their diminishing ...
Serious Fraud Office interviews Deutsche Bank traders as it steps up criminal probe into Libor rigging
August 27th, 2015
The Serious Fraud Office has interviewed present and former Deutsche Bank traders as it steps up its criminal probe into the manipulation of Libor interest rates. At least one banker is thought to have been interviewed under caution, meaning ...
ECB’s economist says bank will act to combat China, oil impact on inflation target
August 26th, 2015
The risk has increased that the European Central Bank won’t get inflation back up to where it wants, the bank’s chief economist said on Wednesday, pledging to beef up its anti-deflation asset-buying programme if necessary. Peter Praet, who is ...
Luxembourg’s banks choose Worldline’s ACS solution to secure ecommerce with 3D-Secure
August 26th, 2015
Worldline, , European market leader in payment and transactional services, has been selected by the Luxembourg banking community to provide its Access Control Server solution for 3D-Secure, in cooperation with LuxTrust, a Luxembourg-based certification authority. The 3D-Secure dynamic ...
