Daily Archives: 26/07/2016
King & Spalding advised Henkel on a $3.6 billion acquisition financing
July 26th, 2016
King & Spalding advised Henkel – a leading Germany-based manufacturer of home care, beauty and adhesive products – on the $3.6 billion acquisition financing for its purchase of US detergent and household products business Sun Products Corporation. Henkel purchased ...
Cyprus based investment firms and CySec’s work highlighted on ESMA’s warning for speculative products
July 26th, 2016
The European Securities and Markets Authority (ESMA) has issued a warning about the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors who are unaware of the risks associated with these products, and ...
PayPal and Visa collaborate to accelerate the adoption of digital payments
July 26th, 2016
PayPal (NASDAQ:PYPL) and Visa (NYSE:V) today announced a U.S. strategic partnership that will result in an improved and more seamless payment experience for Visa cardholders and will offer greater choice in how consumers pay with the PayPal and Venmo wallets. The partnership puts PayPal and Visa ...
Gibraltar Stock Exchange welcomes BitcoinETI
July 26th, 2016
The Gibraltar Stock Exchange welcomes BitcoinETI (ticker: BTCETI), an asset-backed Exchange Traded Instrument that is invested exclusively in bitcoin, making it the first European regulated product for the leading digital currency. The Bitcoin Exchange Traded Instrument (ETI) was approved for ...
Weaker dollar lifts oil prices, but mood remains bearish
July 26th, 2016
Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising their bets on further price falls. International Brent crude oil ...
CySec approved a new firm as Administrative Services Provider
July 26th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm have been approved: 1) ECDDP Cyprus Limited Kyvelis 7, Office ...
Tuesday, July 26: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
July 26th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for July 26. Gold Open 1322.70, High 1323.40, Low 1311.10, Close 1319.50, -0.29% Changed. Silver Open 19.70, High 19.76… View table below
Tuesday, July 26: OSB G10 Currency Pairs Cheat Sheet & Key Levels
July 26th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for July 26. EURUSD Open 1.0976, High 1.0998, Low 1.0952, Close 1.0993, 0.16% Change. GPBUSD Open 1.3135 High 1.3164… View table below