Search Results for: russia
Tories ‘to challenge European court with British bill of rights’
July 17th, 2014
David Cameron is heading for a major showdown over Europe with a plan to assert the supremacy of parliament over the European court of human rights to avoid a repeat of the rows over the deportation of foreign criminals, ...
U.S. sanctions set to slow Rosneft’s dollar debt, not oil deals
July 17th, 2014
President Barack Obama aimed a direct blow at Russia’s economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the world’s crude and over 8 percent of the country’s GDP. ...
Handful of non-EU banks to make European stress tests debut
July 16th, 2014
A handful of global banks are bracing themselves for their first results from Europe’s bank stress-testing regime, which will tell them in October whether they have enough capital to withstand future crises. Banks outside the European Union have traditionally ...
European Stocks Climb on Chinese Economic Growth Report
July 16th, 2014
European stocks advanced, rebounding from yesterday’s decline, as a report showed China’s economy expanded in line with the government’s target. U.S. index futures and Asian shares were little changed. Gtech SpA gained 3 percent after agreeing to buy International ...
Hedge-Fund Boutiques Show Dubai Nurturing Oasis Trading: Cities
July 16th, 2014
When Ahmad Zuaiter started a frontier-markets hedge fund, the former Soros Fund Management LLC money manager chose Dubai over New York and London. Zuaiter’s Jadara Capital Partners LP and VY Capital Management Co. Ltd. opened in the emirate in ...
Emerging Nations Bloc to Open Development Bank
July 16th, 2014
At a meeting in Brazil, the leaders of Brazil, Russia, India, China and South Africa announced on Tuesday that they were establishing a development bank to challenge the influence of venerable institutions like the World Bank and the International ...
Establishment of a Representative Office in Cyprus by Bank Zenit
July 15th, 2014
The Central Bank of Cyprus acting under the authority vested in it by section 8(1) of the Business of Credit Institutions Laws of 1997 to (No. 4) of 2013, granted on 4 July 2014, an approval to Bank Zenit ...
Former Ukraine president sues EU over sanctions
July 15th, 2014
Former Ukraine president Viktor Yanukovych, ousted by pro-Western protests, has filed a suit with EU’s top court against sanctions Brussels has imposed on him and two sons. The European Court of Justice lists the Yanukovych suit along with cases ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...
Gold Falls as Portuguese Bank Seeks to Calm Debt Concerns
July 14th, 2014
Gold declined for the first time in three days as concerns eased that banking woes in Portugal will spur a wider debt crisis in Europe, crimping demand for the precious metal as an alternative investment. Banco Espirito Santo SA ...
