Search Results for: OSC
Trio of Russian state-owned banks take EU to court over sanctions
October 29th, 2014
Three Russian major state-owned institutions – Sberbank, VTB and Vnesheconombank – have announced that they have filed lawsuits with an EU court to contest sanctions the European Union imposed on them in late July. The first to announce its ...
Russia Brain Drain Saps Talent as Sanctions Hit Financing
October 27th, 2014
Artem Kulizhnikov, founder of a startup designed to help musicians annotate music, is packing his bags to leave Moscow in December. His destination: Dubai or Singapore, where he sees a better chance of securing funding for his second company. ...
EU leaders agree to cut greenhouse gas emissions by 40% by 2030
October 24th, 2014
European leaders have struck a broad climate change pact obliging the EU as a whole to cut greenhouse gases by at least 40% by 2030. But key aspects of the deal that will form a bargaining position for global ...
FMA warns consumers about cold-calling investment offers and ‘big win’ scams
October 23rd, 2014
The Financial Markets Authority (FMA) is warning New Zealand consumers and investors to be wary of cold-calls asking them to buy shares or put their money into offshore firms. The FMA is receiving an increasing number of complaints about ...
Russia Opens Criminal Probe Into Plane Crash Death Of Total CEO
October 23rd, 2014
Russia’s chief investigative panel has opened a criminal probe into the Oct. 20 accident at Moscow’s Vnukovo International Airport that killed Christophe de Margerie, the CEO of the French multinational oil company Total, saying the field’s management was negligent ...
Alpari Trading Volumes Reach $217 Billion in September
October 23rd, 2014
The Alpari group of companies have announced trading volumes in excess of $217 billion for 1-30 September 2014. Forex, precious metals and commodity trading proved particularly robust during September. Comprehensive analysis of the Scottish referendum – which included Bloomberg ...
Ten rules for new investors
October 22nd, 2014
Novice investors are similar to teenagers who take their fathers car secretly, before taking any driving lessons and obtaining their driving license. They first learn to average down on their investments before coming across the concept of stop loss. ...
Russia Rating Cut by Moody’s on Sluggish Economic Growth
October 20th, 2014
Russia’s credit rating was cut to the second-lowest investment grade by Moody’s Investors Service, which cited sluggish growth prospects and an erosion of the country’s reserves amid sanctions over Ukraine. Moody’s downgraded the sovereign one level to Baa2 from ...
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 ...
UK blocks €5bn Russian North Sea deal
October 16th, 2014
The UK has blocked a €5bn deal by Russian billionaire Mikhail Fridman to acquire gas fields in the North Sea, as even private Russian companies with no connection to Russian president Vladimir Putin’s inner circle fall victim to the ...
