Search Results for: US
Brent Oil up to $104 Despite Inventory Surge
August 14th, 2014
Crude rose in choppy trading on Wednesday, with Brent recovering from a 13-month low as turmoil in Iraq and Libya kept concerns about potential supply disruptions in focus. Separately, U.S. crude prices rose despite the U.S. Energy Information Administration ...
Failure of Private Deal Over Argentine Debt by Hedge Fund Holdouts
August 14th, 2014
Aurelius Capital Management announced that efforts to reach a deal with private parties in the wake of Argentina’s debt had collapsed. The firm is one of the hedge funds that has battled with Argentina over billions of dollars in ...
More companies subject to U.S. sanctions due to new rule
August 14th, 2014
Owners of companies sanctioned by the U.S. government could find themselves blacklisted because of a change of a rule announced by the Treasury, which has the power to apply and enforce U.S. sanctions. According to the new rule, if ...
CySec warning against unauthorised firms
August 13th, 2014
The Cyprus Securities and Exchange Commission (CySec) wishes to inform the investors that the companies ‘Chelestra Ltd’ (https://www.lbinary.com) and ‘T.B.S.F. Best Strategy Finance Ltd’ (https://www.regaloptions.com): 1. Are not permitted to provide investment and ancillary services in the Republic, pursuant ...
Audi faces penalty in China
August 13th, 2014
Volkswagen (VOWG_p.DE)’s premium auto unit Audi on Wednesday said it would accept a penalty and change management processes at one of its China units after a regional authority said it had discovered violations of anti-monopoly laws. “According to investigations ...
Gold Remains Rangebound
August 13th, 2014
Gold is listless on Wednesday, continuing a week with little movement. The spot price stands at $1308.60 per ounce in the European session. On the release front, attention shifts to US retail sales data, with the release later today ...
MFSA accepts surrender of licence
August 13th, 2014
MFSA, the Maltese regulator, has issued an announcement informing that Mansard Capital SICAV plc (“the Scheme”) recently requested the Malta Financial Services Authority (MFSA) to accept the surrender of the collective investment scheme licence granted in relation to Mansard CTA Fund (“the Sub-Fund”). ...
Goldman Sachs a final bidder for $1.6 billion Tokyo building
August 13th, 2014
A Goldman Sachs Group Inc unit is a final bidder for a Tokyo office tower in a deal that could fetch about 165 billion yen ($1.6 billion), said people familiar with the deal, which could be the biggest office ...
Bank of England Lifts Growth and Inflation Forecasts
August 13th, 2014
The Bank of England on Wednesday raised slightly its forecasts for growth and inflation in Britain, and gave further indications it was getting closer to gradually increasing interest rates. “The committee’s guidance remains the same: The increases in bank ...
CySec: Transitional provisions of the new AIF law
August 13th, 2014
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement informing all interested parties that the Alternative Investment Funds Law (L.131(I)/2014) (the ‘Law’) came into force on July 27th 2014. The Law can be found on the Commission’s website, ...
