Search Results for: europe
ESMA consults on major shareholders disclosures
March 21st, 2014
The European Securities and Markets Authority (ESMA) has launched a consultation on draft Regulatory Technical Standards (RTS) under the revised Transparency Directive relating to the notification of major shareholdings and the indicative list of financial instruments subject to notification ...
Putin Clears Crimea Annexation as Ukraine Signs EU Pact
March 21st, 2014
Russia completed the process of annexing Crimea and the European Union signed a political pact with Ukraine, escalating the worst standoff between Russia and the West since the Cold War. Russian President Vladimir Putin signed legislation approved by lawmakers ...
How Suntech, Chinese Solar Giant, Was Snared In An Italian Fraud Scandal
March 21st, 2014
As 2008 began, the future looked brilliant for green energy giant Suntech Power and its high-flying founder, Shi Zhengrong. Suntech was one of the world’s largest makers of solar panels, the first non-state-owned Chinese company traded on the New ...
ECB on SRM agreement
March 21st, 2014
The European Central Bank has issued a press release welcoming the political agreement reached on the single resolution mechanism (SRM) on Thursday morning. The negotiations between the European Parliament and the European Council produced an SRM that is more ...
Asian Stocks Rebound From Biggest Decline in Seven Months
March 21st, 2014
Asian stocks rose, with a regional index of shares outside Japan rebounding from the biggest loss yesterday since August. Li & Fung Ltd. surged 18 percent in Hong Kong after the world’s largest supplier of clothes and toys to ...
ESMA publishes list of authorised CCPs and OTC derivatives
March 20th, 2014
Following the authorisation of NASDAQ OMX as the first EU-based CCP on 18 March 2014, the European Securities and Markets Authority (ESMA) has today published information about Nasdaq OMX and the contracts it is authorised to clear. In accordance ...
Starbucks Aims To Double Market Cap to $100 Billion And Take Over Tea
March 20th, 2014
The world’s biggest coffee chain, Starbucks Corporation (NASDAQ:SBUX), plans to double its market capitalization to $100 billion eventually and dominate the tea industry just as it has with coffee, the company said at its annual shareholder meeting on Wednesday. ...
Parliament negotiators rescue seriously damaged bank resolution system
March 20th, 2014
European Parliament negotiators on Thursday reached a deal with their member state counterparts on the single resolution mechanism to deal with failing banks. Many elements fell into place early in the morning after 16 hours of talks. The elements ...
Budget 2014: Support for manufacturers and exporters
March 20th, 2014
Along with savers, business was the chief beneficiary of the Budget with support for manufacturers, exporters and investment THERE can be few complaints from business about what George Osborne served up in the 2014 Budget. Along with savers, business ...
Stocks slump on Yellen rate hike remark
March 20th, 2014
Investors weren’t too thrilled by what they heard from Janet Yellen during her first meeting in charge of the Fed. The Dow fell more than 100 points, while the S&P 500 and Nasdaq also finished lower. Stocks were relatively ...
