Search Results for: Oman
VW Scandal: Top law firms competing for lead assignment in expected multibillion-dollar case
December 3rd, 2015
Top law firms competing for lead assignment in expected multibillion-dollar case Lawyers from across the country will descend Thursday on a courthouse in New Orleans to jockey for a potentially lucrative assignment: a role in the massive consumer-fraud litigation facing Volkswagen AG over ...
Balkan States Woo Chinese Investors
November 30th, 2015
At the ’16 + 1′ summit, which opened on Tuesday, China is deepening its interest in Southeastern Europe, investing in trade, finance, agriculture and infrastructure projects. The 4th annual Economic and Trade Forum between China and 16 countries of ...
British judge delays trial of RBS shareholder lawsuit to 2017
November 27th, 2015
A High Court judge on Thursday delayed the trial in a drawn-out battle between Royal Bank of Scotland (RBS.L) and shareholders, criticising the lender and its legal advisers for being “unfocused” and swamped by 25 million documents. Thousands of ...
Biggest Oil Buyers Pick Themselves as Winners From OPEC Meeting
November 27th, 2015
OPEC to meet Dec. 4 in Vienna to discuss oil production target South Korean refiner sees `best time ever’ as buyer amid glut Oil buyers in Asia are sure of one thing as OPEC prepares to meet: They’ll emerge ...
Apple Seeks to Launch Apple Pay in China by February
November 24th, 2015
Tech giant has paved way by striking deals with big four state-run banks, but regulatory hurdles may remain Apple Inc. seeks by early February to launch its new Apple Pay electronic-payment service in China—a vibrant but fiercely competitive market ...
HSBC cuts UAE retail, commercial bank jobs
November 23rd, 2015
HSBC has cut jobs in its retail and commercial banking units in the United Arab Emirates (UAE) as the bank prepares for lower growth in the Gulf Arab state next year, a source familiar with the matter said on ...
U.S. probes Bosch in VW cheating scandal
November 20th, 2015
U.S. authorities are investigating German auto supplier Robert Bosch GmbH over its role in Volkswagen AG’s (VOWG_p.DE) massive scheme to cheat U.S. emission standards, according to people familiar with the matter. Federal prosecutors with the U.S. Department of ...
Nasdaq Said to Be in Talks to Acquire Chi-X Canada Market
November 17th, 2015
The Canadian business is being valued at about $100 million Purchase would put Nasdaq in competition with Toronto exchange Nasdaq Inc. is in talks to buy Chi-X Canada, an acquisition that would put it in direct competition with TMX ...
IEA releases Oil Market Report for November
November 16th, 2015
Non-OPEC output to slip more than 0.6 mb/d in 2016 as demand growth slows to 1.2 mb/d from five-year high Global demand growth is forecast to slow to 1.2 million barrels per day (mb/d) in 2016 after surging to ...
Foreign investors warn China e-trading proposal could sink Stock Connect
November 13th, 2015
Draft rules to curb high-speed trading blamed for China’s summer stock market crash could kill off billions of dollars of investment into China, global banks and investors have told Chinese regulators in a letter. Industry participants who signed off ...