Search Results for: German
Why a multinational law firm has stopped paying some of its staff?
January 5th, 2017
KWM Europe halts pay for 100 staff as it prepares for administration Today (4 January) the European partnership of King & Wood Mallesons (KWM) has stopped paying 100 staff as the firm heads towards administration. The firm confirmed its ...
FxPro shelves its IPO as FCA crackdown looms
January 5th, 2017
Currency trading firm FxPro shelves float as FCA crackdown looms The online trading platform has shelved its IPO indefinitely amid FCA plans to curb spread-betting risks, Sky News learns. One of the biggest privately owned currency trading brokers operating ...
Eurozone economic activity increased at its fastest rate since the debt crisis in 2011
January 4th, 2017
Economic activity in Eurozone industry in December expanded at the fastest pace since the currency union’s debt crisis started to hit, according to a closely watched indicator. The Eurozone composite purchasing managers’ index (PMI) – which measures activity throughout ...
First legal test case against Volkswagen raising pressure to compensate customers in Europe
January 4th, 2017
German consumer rights champion myRight filed the first legal test case against Volkswagen in Germany on Tuesday (3 January), raising pressure on the carmaker to compensate customers in Europe over the emissions scandal. Europe’s largest automaker has pledged billions ...
U.S. Stocks Halt 3-Day Drop as Dollar, Gold Climb: Markets Wrap
January 4th, 2017
Crude slides from 18-month high amid doubts on OPEC cuts Warnings, optimistic calls vie for investor attention U.S. stocks rose with the dollar as economic data bolstered confidence that the American economy is poised to accelerate. Gold rose and ...
British law firm continues international expansion with French merger
January 3rd, 2017
DWF Managing Partner and CEO Andrew Leaitherland said: “We are committed to growing our business internationally to best service our clients’ needs. France is a key market for us, both in terms of its size and importance within Europe and because our ...
Investor optimism, global economic reality may clash in 2017
January 3rd, 2017
The economic outlook for this year looks similar to 2016 – uneven and unspectacular, according to economists worldwide polled by Reuters in December. The result is despite investor optimism about a breakout for the world economy. Many of the ...
BaFin update regarding whistleblowers protection
January 3rd, 2017
BaFin, the Federal Financial Supervisory Authority of Germany, has issued an announcement to inform in relation to whistleblowers protection. According the announcement, whistleblowers can report information on BaFin electronic message system with absolute anonymity and Bafin can get in ...
European bourses started the last trading day of 2016 slightly in the red
December 30th, 2016
European bourses started the last trading day of 2016 slightly in the red. The pan-European Euro Stoxx 600 was 0.06 percent lower with the major bourses trading in the red. The London Stock Exchange will close early Friday at 12:30 ...
China going cashless thanks to fintech boom
December 30th, 2016
Standing in line at a Starbucks in downtown Shenzhen, I suddenly realize that no one in front of me is paying with cash. They aren’t paying by credit card either. In fact, I can’t see a single customer holding a wallet or a ...
