Search Results for: NEX Group
Tax Breaks May Not Be Enough to Jumpstart Crimea’s Struggling Economy
May 30th, 2014
In an effort to jumpstart Crimea’s faltering economy, a government plan could offer tax breaks and other juicy business conditions on the peninsula for the next half century — but even this may not be enough to attract businesses ...
Tesco and China Resources Enterprise agree on retail deal
May 29th, 2014
Tesco has come into a deal with the state-run China Resources Enterprise (CRE) in order to start the largest food retailer in China. The joint venture will combine Tesco’s 131 outlets in the country with CRE’s almost 3,000 stores, ...
Credit Agricole Said to Accuse EU of Bias in Euribor Case
May 28th, 2014
Credit Agricole SA (ACA), which refused to settle an antitrust probe over Euribor manipulation, accused European Union regulators of bias and said they should step down from the case, according to two people with knowledge of a letter the ...
Japanese Lawmakers to Lobby Abe for Russian Gas Pipeline
May 28th, 2014
Japanese lawmakers are reviving efforts for a 600 billion yen ($5.9 billion) natural gas pipeline from Russia, which last week signed a supply deal with China, to cut energy costs after the Fukushima nuclear disaster. A group of 33 ...
Soft Futures market outlook
May 23rd, 2014
Wheat futures once again started firm, but whether they will end that way… There may be some cause to hope that the trend which set in on Tuesday, of strong starts followed by weak closes, may come to an ...
BNP Case Shows French Companies Learn U.S. Law Hard Way
May 22nd, 2014
Some French companies have been slow to learn that doing business in the U.S. means obeying its laws. U.S. authorities are seeking a record fine against BNP Paribas SA (BNP) that would make it the first French bank since ...
European Stock-Index Futures Advance After Fed Minutes
May 22nd, 2014
European stock-index futures climbed, indicating equities may rise a second day, as minutes from the latest Federal Reserve meeting showed policy makers expect the inflation rate to remain below their target, and as Chinese manufacturing data beat estimates. U.S. ...
Eastern dryness mars strong Australia crop outlook
May 20th, 2014
Dryness in eastern Australia is marring otherwise favourable prospects for US growers, and posing an “increasing risk” to a recovery in cattle prices, RuralCo said, as the farm services group unveiled a return to the black. The grain trading-to-farm ...
Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.
May 16th, 2014
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...
Geithner Must Give S&P Documents in U.S. Fraud Suit
May 14th, 2014
Ex-U.S. Treasury Secretary Timothy Geithner must comply with Standard & Poor’s demand that he provide documents related to its claim the U.S. sued the company in retaliation for downgrading government debt. Harold W. McGraw III, chairman of S&P parent ...
