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UAE signs up as founding member of Asian Infrastructure Investment Bank

April 6th, 2015 (0)
The UAE has joined the China-led US$50 billion Asian Infrastructure Investment Bank (AIIB) as a founding member, the government announced on Sunday. The Abu Dhabi Fund for Development, which has Dh8bn in capital, will represent the UAE government on ...

Greece’s Prime Minister Tsipras Heads to Moscow as Bailout Talks Drag On

April 6th, 2015 (0)
Greek Prime Minister Alexis Tsipras will be walking a fine line in Moscow this week, aiming to demonstrate an independent streak to voters at home without irritating the European Union as he negotiates for urgently needed funding. Greek officials and ...

EU lawyers: EU cannot maintain protection against Chinese imports

April 3rd, 2015 (0)
EU lawyers say EU cannot ignore rules on China‘s new WTO status EU yet to decide, could favour China to win favour with Beijing European fears of being forced to lower tariff defences against cheap Chinese imports have grown following a confidential ...

Antitrust and Other Inquiries in Europe Target U.S. Tech Giants

April 3rd, 2015 (0)
It is not a good week to be a giant American tech company in Europe. The European antitrust investigation into Google appears to be heating up. More European countries are looking into Facebook’s privacy settings. And Apple, which already is ...

Iran Moves Closer to Restoring Oil Exports on Nuclear Accord

April 3rd, 2015 (0)
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The preliminary agreement outlined Thursday signals the Persian Gulf nation may ...

ECB says QE programme already boosting recovery

April 3rd, 2015 (0)
The European Central Bank said Thursday it is increasingly confident that its controversial bond purchase programme is helping boost the eurozone’s economic recovery, even as a top official expressed doubts about its effectiveness. In the minutes of the governing ...

Greece tells creditors it will run out of cash on April 9

April 2nd, 2015 (0)
Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said. The appeal ...

EU Lays Groundwork for Antitrust Charges Against Google

April 2nd, 2015 (0)
Regulator seeks permission to publish complaints against Internet giant in long-running probe Europe’s competition regulator is preparing to move against Google Inc. in the next few weeks, a person familiar with the matter said Wednesday, setting the stage for charges against the ...

Oil retreats from large jump as focus returns to Iran talks

April 2nd, 2015 (0)
Oil prices fell on Thursday as attention returned to nuclear talks with Iran, with the prospects for a deal and an increase in Iranian crude exports helping to keep pressure on prices. Major powers and Iran have stretched talks on Tehran’s nuclear ...

Deutsche Börse and China Construction Bank agree strategic partnership

March 31st, 2015 (0)
Deutsche Börse: Deutsche Börse Group and China Construction Bank (CCB) have entered into a strategic partnership and have signed an agreement. Deutsche Börse Group is a leading global provider of financial market infrastructure services and is based in the European ...
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