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Greek finance minister’s letter to the Eurogroup

February 24th, 2015 (0)
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...

Visa Europe: Payment tokenisation service launched

February 24th, 2015 (0)
Service protects customer data to enable secure and convenient payments across a variety of technologies  Visa Europe today announces its plan to launch a tokenisation service customized for the needs of the European market. Tokenisation technology will be at ...

Greece submits proposed reforms in bid for loan extension

February 24th, 2015 (0)
Greece has submitted a list of reform proposals to its bailout creditors, the European Commission says. The list was received “on time” before a Monday deadline, a spokesman tweeted. The measures include combating tax evasion and tackling the smuggling ...

HSBC share price closes 4.6 per cent lower after full-year profits tank due to “challenging year”

February 24th, 2015 (0)
HSBC ended the day with its shares at 577p, 4.6 per cent lower than Friday’s closing price. Having announced that profits fell 17 per cent during 2014, it admitted its US arm had also been subpoenaed by the US Commodity ...

Big Banks Face Scrutiny Over Pricing of Metals

February 24th, 2015 (0)
U.S. Justice Department investigates price-setting process for gold, silver, platinum and palladium U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets, even though European regulators dropped a similar probe after finding no evidence ...

Asia Stocks Climb With Dollar Before Yellen, Greek Talks

February 24th, 2015 (0)
Asian stocks traded near a five-month high and the dollar strengthened before Federal Reserve Chair Janet Yellen speaks to lawmakers and as Greece’s creditors review a list of debt-reduction policies. Australian bonds gained and U.S. oil extended declines below ...

Greece: We’ll fight on against austerity – Interview with FM Varoufakis

February 24th, 2015 (0)
Greece’s leftist government will implement all policies promised during the recent election campaign, Finance Minister Yanis Varoufakis said Monday. Speaking to CNN’s Christiane Amanpour, he said the battle to “recalibrate the austerity” imposed on Greece by its international creditors ...

Greek Gov’t to submit final reform list to Brussels on Tuesday

February 24th, 2015 (0)
The government was on Tuesday morning expected to submit a final version of its reform proposals to the country’s creditors following several hours of discussions with officials in Brussels yesterday aimed at hammering out a set of measures acceptable ...

Nasdaq nears all-time highs as exuberance yields to reason

February 20th, 2015 (0)
As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago. Valuations, as measured by what investors are willing to ...
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