Search Results for: Germany
Stonebridge International Insurance Limited fined by FCA with £8.4m
August 7th, 2014
The Financial Conduct Authority (FCA) has fined Stonebridge International Insurance Limited (Stonebridge) £8,373,600 in relation to sales of accident insurance products. Between April 2011 and December 2012, Stonebridge targeted low and middle income customers without college degrees or professional ...
25,000 join Europe class action lawsuit against Facebook
August 7th, 2014
An Austrian waging a battle against Facebook’s privacy policies said that 25,000 users of the social networking giant have signed on to his class action lawsuit. The suit, filed by lawyer Max Schrems, claims a symbolic US $ 660 ...
Commodities markets summary
August 7th, 2014
A summary of trading in key commodities markets: ENERGY Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a surprising drop in US gasoline supplies. US benchmark West Texas ...
Asia stocks cautious, bonds up on Ukraine tensions
August 7th, 2014
Asian share markets got off to a cautious start on Thursday, with Japanese stocks pulling further away from six-week lows as a Russian troop build-up on the border with Ukraine sapped risk-appetite and pushed global bond prices higher. Global ...
ECB set to hold fire on rates, eyes risks from Ukraine conflict
August 7th, 2014
The European Central Bank is set to hold fire on rates on Thursday as it waits for earlier stimulus measures to gain traction, while keeping an eye on emerging risks from the conflict in Ukraine. The ECB cut interest ...
Apple, Samsung Agree to End Patent Suits Outside U.S.
August 6th, 2014
Apple and Samsung Electronics are starting to wind down their global patent battle. The companies said in a joint statement today that they have agreed to drop all suits against each other in countries outside the U.S. Claims are ...
IREIT Global registers prospectus for IPO on SGX
August 5th, 2014
Investors in Singapore will soon have access to the European real estate market. IREIT Global has registered its prospectus for an initial public offering (IPO) on the SGX mainboard. Under the IPO, IREIT Global is offering almost 168 million ...
Asia stocks steady after Wall Street rally, dollar off peaks
August 5th, 2014
Asian stocks slipped on Tuesday after a survey showed China’s services sector growth fell to a record low, souring the positive mood from upbeat U.S. earnings and relief over Portugal’s rescue of its largest bank. Spreadbetters saw Europe faring ...
Investors Cheer Portuguese Bank Rescue
August 4th, 2014
Investors breathed a sigh of relief on Monday after Portugal prevented the collapse of one of its biggest banks, putting some life back into European stocks following last week’s slide and pushing bond yields lower across the board. Lisbon ...
Clashes with Russia point to globalization’s end
August 4th, 2014
As the European Union and the United States ramp up their sanctions on Russia, President Vladimir Putin’s plans for retaliation seem to include an attack on McDonald’s. There could not be a more powerful symbol that geopolitics is increasingly ...
