Search Results for: euro
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
FX Probe Lags in EU as Other Watchdogs Ready for Fines
September 8th, 2014
The European Union’s antitrust arm is still at the start of its probe into possible collusion in foreign-exchange markets even as U.S. and U.K. regulators edge closer to levying fines. “We are at the starting point of this investigation,” ...
EU to adopt new Russia sanctions soon
September 8th, 2014
The EU says new sanctions against Russia should be adopted shortly and take effect on Tuesday, despite a Kremlin warning of retaliation. But an EU spokeswoman said the sanctions would be “reversible”, depending on the situation in Ukraine. Pro-Russian ...
ESMA invites investors to open hearing on market abuse
September 8th, 2014
The European Securities and Markets Authority (ESMA) will hold an open hearing on the issues raised in the two recently published Consultation papers on draft Technical Standards and on possible implementing measures on the Market Abuse Regulation. ESMA is ...
Legislative on cheque imaging and payment systems access updated
September 8th, 2014
FCA has announced changes on legislation which has recently been introduced to British Parliament affecting payment systems. As part of FCA’s commitment to transparency, the Payment Systems Regulator (PSR) has set out below details of these latest developments in ...
West TX Oil Below $94 as Market Awaits Chinese Data
September 8th, 2014
Brent crude fell on Monday for a third day of losses even though Chinese trade data showed both better-than-expected exports and weak imports that might prompt help for the economy, but it remained below $101 a barrel after poor ...
Asian shares tentative, sterling plunges
September 8th, 2014
Sterling declined on Monday and British shares look set to underperform their peers in Europe after a poll found rising support for Scottish independence. European shares are expected to enjoy a firm tone on the whole, following gains on ...
As cocoa price soars, chocolate makers devour substitutes
September 8th, 2014
Chocolate makers in the fast-growing Asian market are replacing a bigger proportion of cocoa butter, which gives confectionery its melt-in-the-mouth texture, with cheaper palm oil-based alternatives. The move will help confectioners keep down prices in the price-sensitive region where ...
ECB Wades Into Currency Wars But Needs Reform Backing
September 8th, 2014
The European Central Bank spent a long time being a noncombatant in the global currency wars. But it has decisively entered the fray as it seeks to boost its balance sheet by €1 trillion ($1.294 trillion) through fresh loans ...
GE to sell appliance business to Electrolux for $3.3 billion
September 8th, 2014
Sweden’s Electrolux (ELUXb.ST) said on Monday it would buy General Electric Co’s (GE.N) appliances business for $3.3 billion in cash to double sales in North America and take on rival Whirlpool Corp (WHR.N) in its biggest ever deal. Electrolux ...
