Search Results for: German
Oil and Gas Drilling in Britain will expand
July 28th, 2014
The British government considers to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008. The move, which had been anticipated by the oil and gas industry, could prove to ...
Asia stocks drop after earnings hurt Wall Street
July 28th, 2014
Asian stocks faced a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world’s second-largest economy. The dollar ...
BSkyB’s £4.9bn Sky Europe deal includes HSF and A&O firms
July 28th, 2014
Herbert Smith Freehills and Allen & Overy are among the firms to advise on BSkyB’s £4.9bn takeover of Rupert Murdoch’s pay TV companies in Germany and Italy. The acquisitions mark a strategic change for BSkyB, which is hoping to ...
Vodafone revenue dragged lower by Spain and South Africa in first quarter
July 25th, 2014
Vodafone received no relief from tough market conditions in the first quarter, with a slowdown in Spain and South Africa resulting in another heavy drop in its key revenue measure. The world’s second-biggest mobile operator said the pace of ...
Stocks futures lower Friday
July 25th, 2014
Stock futures were lower Friday ahead of the start of regular trading. Here is where major market indexes stood before the opening bell (Last updated at 4:15 a.m.) Dow: – 0.02% S&P 500: – 0.05% Nasdaq: – 0.21% Japan’s ...
FinCEN named FBME Bank Ltd as a foreign financial institution of primary money laundering
July 25th, 2014
On July 17 FinCEN issued a press release taking action to Protect U.S Financial System. On that date, FinCEN named FBME Bank, which transacts 90 percent of its global banking business through branches in Cyprus, as a foreign financial institution ...
BSkyB to pay $8 billion to create Sky Europe
July 25th, 2014
Britain’s BSkyB has agreed to pay around 4.9 billion pounds ($8.3 billion) to buy Rupert Murdoch’s pay-TV assets in Germany and Italy, responding to the slowing growth at home with a deal to create a European media powerhouse. BSkyB, ...
British’s Economy Set for Milestone
July 25th, 2014
Britain’s economy is set to pass a landmark on Friday when official data will probably show that it is bigger than it was before the financial crisis struck six years ago. Gross domestic product is expected to have kept ...
McDonald’s Growth Troubles Don’t Go Down Well With Analysts
July 24th, 2014
As McDonald’s Corporation (NYSE:MCD) continued to see its sales suffer in main markets such as the U.S., Germany, Japan and Australia, market analysts downgraded the fast-food giant’s stock on Wednesday, after the Illinois-based company posted a disappointing second-quarter profit, ...
E.C.B. Says It Has Been Hacked in Apparent Blackmail Attempt
July 24th, 2014
The European Central Bank said on Thursday that hackers had broken into an internal database and stolen information about journalists and others, in what appeared to be part of a blackmail scheme. The central bank said that the information ...