Market

BNP Paribas is pictured on the building of the bank in Geneva

Senior BNP Paribas energy traders quit; bank denies downsizing

16/09/2014(0)
Two senior BNP Paribas energy traders in New York have left, but the Paris-based bank said on Monday it was not downsizing its U.S. commodity and energy businesses. Keith ... Read More
Alibaba

Alibaba raises IPO as demand strengthens

16/09/2014(0)
Alibaba Group Holdings has raised its initial public offering to $66 to $68, demonstrating the high demand from investors for the year’s most anticipated debut and potentially the world’s ... Read More
Indian currency of different denominations are seen in this picture illustration taken in Mumbai

Rupee extends losses against dollar

15/09/2014(0)
The rupee-dollar pair hit 61.0875, its highest since September 18. The pair was trading at 61.06/07 versus Wednesday’s 60.96/97 close. Nifty was down 0.6 per cent. Month-end demand from ... Read More
Japan's Prime Minister Shinzo Abe

Japan’s Prime minister ‘neutral’ on whether to raise sales tax

15/09/2014(0)
Japanese Prime Minister Shinzo Abe said on Sunday he remained “neutral” on whether to proceed with a hike in Japan’s sales tax to 10 percent, adding that decision would ... Read More
A man walks past Portuguese Novo Banco (New Bank) posters at its head office in Lisbon

EU regulators expect Novo Banco sale to proceed as agreed

15/09/2014(0)
European Union state aid regulators expect Portugal to sell Novo Banco, the successor to troubled Banco Espirito Santo (BES) (BES.LS), in line with a pledge made in return for ... Read More
mark-carney

Carney Steering BOE in Scots Vote as Quebec Casts Shadow

15/09/2014(0)
Mark Carney’s history is catching up with him. Having watched Quebec’s attempt to break away from his native Canada in 1995 while working at Goldman Sachs Group Inc. Scots ... Read More
heineken

SABMiller rebuffed by Heineken

15/09/2014(0)
SABMiller has considered a possible combination with rival beer maker Heineken, in a deal that would have brought together two of Europe’s biggest brewers and helped it fend off ... Read More
london skyline

UK bank adviser pay catching up with traders

15/09/2014(0)
Senior advisory bankers’ pay in London has risen almost on to a par with traditionally higher-earning traders, underlining the shifting fortunes of these distinct businesses within investment banks. By ... Read More
sinopec

Sinopec to sell $17.4 billion stake to investors

15/09/2014(0)
Shares in China Petroleum & Chemical Corporation, known as Sinopec, fell on Monday morning as markets reacted to the company’s plans to raise $17.4 billion by selling a stake ... Read More
European Commissioners  Katainen and Moscovici present the EU executive's autumn economic forecasts in Brussels

Investment Program supported by European Finance Officials

15/09/2014(0)
A three-year, €300 billion program to spur the European economy won broad support from finance ministers. Finance ministers of the European Union have endorsed plans to leverage hundreds of ... Read More
Broker Cyprus TopFX