Posts tagged Financial
Canada regulator, banks take aim at U.S. Volcker rule
Jan 6th
TORONTO (Reuters) – Canada’s financial services regulator and the country’s banking sector are pushing back against the Volcker rule, a key plank of U.S. financial reform that they say would unfairly punish Canadian banks that deal closely with the U.S. market.
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Loading ...Archbishop of Canterbury says riots, financial crisis have broken bonds of trust in Britain
Dec 25th
LONDON — The summer riots in Britain and the financial crisis have broken bonds and abused trust in British society, the Archbishop of Canterbury said in his Christmas Day sermon.
(No Ratings Yet) Loading ...NASDAQ OMX Acquires the Business of RapiData LLC
Dec 20th
NEW YORK — The NASDAQ OMX Group, Inc. today announced it has acquired the business of RapiData LLC, a leading provider of machine-readable economic news to trading firms and financial institutions.
(No Ratings Yet) Loading ...US puts alleged Zarqawi associate on terror list
Dec 16th
WASHINGTON: The United States has placed on a terror watch list a Saudi militant said to have been an associate of Abu Musab al-Zarqawi, the deceased former leader of Iraq’s branch of Al-Qaeda. Saleh al-Qarawi was identified by the State Department on Thursday as a “specially designated global terrorist,” a classification which would freeze any of his assets and property in the United States and prohibit any US citizen from engaging in financial transactions with him
(No Ratings Yet) Loading ...Indian industrial output declines 5.1 per cent
Dec 12th
NEW DELHI: India’s industrial output shrank 5.1 percent year-on-year in October, well below expectations and piling pressure on the central bank to consider some monetary loosening after months of rate hikes. The October figure released by the government marked a sharp slump from the 1.9 percent expansion posted in September, and was the first contraction in output for more than two years
(No Ratings Yet) Loading ...Canada bank bonuses rise despite market turmoil
Dec 11th
TORONTO (Reuters) – Canadian banks are handing out 7 percent more in bonuses to their employees this year, in sharp contrast to slumping payouts in the United States and a sign of the relative strength of Canada’s financial sector.
(No Ratings Yet) Loading ...Iran says EU will not impose oil sanctions
Dec 11th
TEHRAN: The European Union “definitely” will not impose sanctions on OPEC member Iran’s oil exports because such a measure would harm the global crude market, Iranian Oil Minister Rostam Qasemi said on Sunday. EU leaders called on Friday for more sanctions against Iran by the end of January, in an effort to increase pressure on Tehran over its disputed nuclear program. “Our policy is sustainable supply of oil to Europe ..
(No Ratings Yet) Loading ...Iran Oil Sanctions Set to Shrink Circle of Foreign Buyers
Nov 30th
Iran faces new hurdles to getting paid for its oil as the U.S. tightens financial sanctions to deter buyers from the world’s third-largest crude exporter.
(No Ratings Yet) Loading ...Iran Financial Sanctions Set to Shrink Circle of Foreign Buyers of Crude
Nov 29th
Iran faces new hurdles to getting paid for its oil as the U.S. tightens financial sanctions to deter buyers from the world’s third-largest crude exporter.
(No Ratings Yet) Loading ...ADP CFO to Speak at NASDAQ Conference in London on December 7th
Nov 29th
ROSELAND, N.J. — Automatic Data Processing, Inc.
(No Ratings Yet) Loading ...UK may have to cut extra 100,000 government jobs
Nov 27th
LONDON: The government is likely to have to axe an extra 100,000 public sector jobs over the next four years to meet its deficit-reduction goal, the Ernst & Young ITEM Club said on Sunday.
(No Ratings Yet) Loading ...Zurich Defends Itself Against ‘Woeful’ Response to U.K. Riots
Nov 15th
Zurich Financial Services AG, the U.K.’s second-biggest commercial property insurer, defended itself against claims it left customers destitute three months after the worst London riots since the 1980s.
(No Ratings Yet) Loading ...Zurich Defends Itself Against ‘Woeful’ Response to London Riots in August
Nov 15th
Zurich Financial Services AG (ZURN) , the U.K.’s second-biggest commercial property insurer, defended itself against claims it left customers destitute three months after the worst London riots since the 1980s.
(No Ratings Yet) Loading ...World Stocks: Green shoots seen next year
Sep 30th
LONDON: World stock markets will recover next year from a nightmarish 2011 that has wiped trillions of dollars off share prices, according to a Reuters poll that showed almost all major stock indexes ending 2011 in the red… Darkening economic prospects and fears the euro zone debt crisis will unravel into financial catastrophe sent global st
(No Ratings Yet) Loading ...Canada’s AAA Bond Rating Affirmed by Fitch on ‘Conservative’ Fiscal Policy
Sep 6th
Canada’s AAA credit rating was affirmed by Fitch Ratings with a stable outlook, which cited a “culture of conservative policymaking” that allowed the nation to weather the financial crisis.
(No Ratings Yet) Loading ...Canada banks face storm clouds after good quarter
Sep 1st
TORONTO (Reuters) – Gloomier times are ahead for Canada’s resilient banks, which stayed strong through the financial crisis and beyond and which largely beat analysts’ expectations with their third-quarter results.
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