Search Results for: Oman
Bids for Polish auction site can value it up to $2.2 billion
September 19th, 2016
South Africa’s Naspers (NPNJn.J) is set to receive at least four bids for Allegro in a deal that could value Eastern Europe’s No.1 auction website at up to $2.2 billion, sources familiar with the talks said on Monday. The ...
The most common scams and how to avoid them
September 12th, 2016
Call it an occupational hazard, but I’ve become so nervous of scammers and fraudsters that I now delete even legitimate emails from my providers. In the past months alone this has seen my PayPal account suspended and my web ...
Euro area unemployment at 10.1%
September 8th, 2016
Eurostat has issued a publication to inform regarding the unemployment rate in Euro area for July. The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in July 2016, stable compared to June 2016 and down from 10.8% in July 2015. ...
Middle East investment in global real estate reaches $10b
September 8th, 2016
Middle East outbound capital flows into global commercial real estate touched $10 billion in the first half of 2016, with international market destinations becoming more diverse, according to CBRE’s Middle East ‘In and Out’ 2016 report. Investors from the ...
Brazilian Police Launch Investigation Into Alleged Fraud at Pension Funds
September 6th, 2016
Brazilian police on Monday said they launched an investigation into alleged fraud of as much as 8 billion reais ($2.5 billion) at the country’s four largest pension funds, all of which are linked to state-controlled companies. Judge Vallisney de ...
Hanjin takes legal steps to prevent ship seizures as more vessels blocked
September 5th, 2016
South Korea’s Hanjin Shipping plans to take legal action in jurisdictions worldwide to prevent its vessels being seized, as more of its ships were blocked from docking at ports in the wake of its collapse. As of Monday, 79 Hanjin ships ...
Commerzbank, Deutsche Bank Shares Rise on Report of Potential Merger
August 31st, 2016
Shares in Commerzbank (CRZBY) and Deutsche Bank (DB) rose on Wednesday after Manager Magazin reported news of a potential merger of Germany’s two leading lenders. The weekly news publication said Deutsche Bank is “moving towards until now unthinkable options with ...
SWIFT Discloses More Cyber Thefts
August 31st, 2016
SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after February’s high-profile $81 million heist at Bangladesh Bank. In a private letter ...
Dollar rockets to two-week high versus yen as Fed officials signal rate hikes
August 29th, 2016
The dollar rose Monday to its strongest level against the yen in three weeks after several top Federal Reserve officials hinted that the central bank would raise interest rates at least once by the end of 2016. The greenback ...
EU accused US of ‘acting like a tax haven’
August 29th, 2016
US accused of ‘acting like a tax haven’ for threatening retaliation against Brussels’ anti-trust investigations into Apple, Amazon and Starbucks The US has been accused of “behaving like a tax haven”, in an escalating war of words between Washington ...
