Search Results for: Luxembourg
Australia 200 – Desperately Trying to Return to Above 5400
October 20th, 2014
Australia 200 for Monday, October 20, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Russia’s Rosneft takes EU to court over sanctions
October 20th, 2014
Russian oil giant Rosneft and a close associate of President Vladimir Putin are fighting the EU in court over sanctions imposed on some of Russia’s biggest companies, an official website indicated Friday. A Russian billionaire, Arkady Rotenberg, who is ...
Draghi’s Whatever It Takes Bid Saved Euro Area, ECB Says
October 15th, 2014
European Central Bank President Mario Draghi helped save the euro with his pledge to do “whatever it takes” as lenders prepared for a collapse of the currency, an ECB lawyer told a hearing today. The European Court of Justice, ...
In Court, Lawyer Calls E.C.B. Bond Plan ‘an Egregious Extension’ of Powers
October 14th, 2014
In legal news, Europe’s highest appeals court began hearing arguments on Tuesday morning on a suit that aims to block a European Central Bank bond-buying program that has never been deployed — but whose mere announcement two years ago ...
CSSF imposes administrative fine on Roadchef Finance Ltd
October 13th, 2014
CSSF, Luxembourg’s financial regulator, fined RoadChef Finance Limited according to Article 25(1) of the law of 11 January 2008 on transparency requirements for issuers of securities (the “Transparency Law“). The CSSF noticed that the issuer in question failed to act ...
Australia 200 – Falls to Eight Month Low at 5120
October 13th, 2014
Australia 200 for Monday, October 13, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Espírito Santo Financial Files for Bankruptcy
October 10th, 2014
Espírito Santo Financial, which was a large shareholder of the bailed-out Portuguese lender Banco Espírito Santo, lost a bid last week for creditor protection in Luxembourg. The Espírito Santo Financial Group, which at one point held about 25 percent ...
Incoming antitrust head promises action on tax deals
October 3rd, 2014
Europe’s incoming antitrust chief has promised a tough line on state-subsidised tax avoidance, saying she will “send a signal” with the speedy conclusion of probes into deals with the likes of Apple, Fiat and Starbucks. At her European parliament ...
CSSF warning against unauthorised firm and domain
September 29th, 2014
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.lfcota.org of the allegedly named “Luxembourg Futures Commodities Options Trading Authority”, which purports to be Luxembourg’s regulatory authority for futures and options markets. Such an ...
Illegal Irish corporate tax deals for Apple
September 29th, 2014
Preliminary findings of an investigation into tax deals have found Apple Inc.(AAPL.O) being accused of benefiting from illicit state aid in Ireland after striking illegal deals with Irish authorities and will have to face Brussels’ law. Details of the probe, which ...
