Search Results for: MoU
Egyptian central bank outlines plan to help small firms
January 11th, 2016
Egypt’s central bank on Sunday issued guidelines on how it will incentivise banks to participate in a “comprehensive programme” to help finance small- and medium-sized enterprises in the latest move to try and create jobs and support its battered ...
ICBC Standard Bank buys Deutsche’s London bullion vault – sources
January 11th, 2016
ICBC Standard Bank growing bullion footprint Chinese-South African lender looking to become bullion clearer ICBC Standard Bank is buying the lease on Deutsche Bank’s London gold and silver vault, enlarging its footprint in the city’s bullion market, four industry ...
PwC economists reveal predictions for 2016
January 11th, 2016
G7 to grow at fastest rate since 2010, led by US and UK Geopolitics (rather than economics) will top policymakers’ agendas Commodity prices will remain lower for longer End of the Eurozone crisis African population to rise in 2016 ...
Yahoo to Reconsider Sale of Web Business Instead of Spinoff
January 11th, 2016
A decision to sell would contradict Yahoo’s intent to spin Verizon has publicly stated interest in acquiring Yahoo Yahoo! Inc. is considering an outright sale of its business, marking what could hasten a significant shift in the company’s thinking as ...
In Saudi Aramco IPO, Global Refining Empire May Be the Prize
January 11th, 2016
Saudi state-owned company mulls `bundle’ of refiners listing Aramco will be world’s top refiner by 2020, overtaking Exxon Investors hoping a Saudi Arabian Oil Co. IPO will provide a chance to buy a stake in the world’s largest crude ...
Oil drops over 2 pct as China slowdown weighs; market loses faith in rebound
January 11th, 2016
Crude oil prices fell over 2 percent on Monday as China’s economic slowdown dented the outlook for demand and traders are placing record bets on even lower prices as they increasingly lose faith in a significant market recovery. Global ...
Venezuelans Escape Currency Collapse with Bitcoin
January 11th, 2016
Cryptocurrency Users Double in One Year “Bitcoin adoption in Venezuela will explode any time now,” one early cryptocurrency adopter in the South American nation confidently predicts. Bitcoin experts argue that the worse an economy is, the more interest there ...
Spain’s Princess Cristina to go on trial for fraud
January 11th, 2016
Spain’s Princess Cristina is due to appear in court on fraud charges – the first member of the country’s royal family to be put on trial. She is charged with being an accomplice in an alleged embezzlement scam involving ...
The Challenges for the Cypriot Economy for 2016
January 11th, 2016
Assessing the current state of the Cypriot economy one could say that the year 2015 was undoubtedly another difficult year with several problems still remaining unresolved. One could also though add a positive note, that it was the year ...
Swaps Payout Is a Windfall for Funds
January 11th, 2016
Market participants, lawyers will divide up $1.9 billion settlement Here’s another way some Wall Street debt traders are making money: suing. Several hedge funds and other big credit investors are in line for payouts of tens of millions of ...
