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Cameron in Parliament for 1st time since offshore funds row + MORE Apr 11th
LONDON – British Prime Minister David Cameron, under pressure over his admission of a past investment in an offshore fund, is about to face lawmakers for the first time since the Panama Papers scandal shed light on the tax-haven tactics of the rich and famous.
Opposition leaders say they will .... More »
London Calling: Another North American Pension Heads to the UK + MORE Sep 11th
The $112 billion Public Sector Pension Investment Board has become the latest Canadian pension fund to open a European office in London, appointing a former Permira deal maker to spearhead its private equity efforts in the region..... More »
Swiss regulator bans 6 former UBS managers, traders from business over currency manipulation + MORE Dec 17th
GENEVA – Switzerland’s market supervisor has banned six former managers and traders at UBS AG from working in the sector for up to five years, punishment for their involvement in the manipulation of currency markets.
The Swiss Financial Market Supervisory Authority said Thursday that the.... More »
Small businesses welcome Ottawa's promised action on credit card fees - Canada News - Castanet.net Nov 5th
Small businesses welcome Ottawa's promised action on credit card fees - Canada News Castanet.netCredit card fees: Small businesses welcome promised action CTV NewsSmall businesses welcome Ottawa's promised action on credit card fees Ottawa.CityNews.caOttawa to regula.... More »
Activision Blizzard 'won't hesitate to fight' to defend Microsoft's acquisition | VGC - Video Games Chronicle Nov 25th
Activision Blizzard 'won't hesitate to fight' to defend Microsoft's acquisition | VGC Video Games ChronicleU.S. will likely challenge Microsoft's Activision Blizzard acquisition: report MobileSyrupThe FTC May Move To Block Microsoft’s Monster Activision Blizzard Acquisition&n.... More »
5.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-28. Click on the link above to get more details or apply online.
EU antitrust body OKs Telefonica’s buy of German E-Plus mobile operator from KPN with caveats
– canadianbusiness.com
BRUSSELS – The European Union’s antitrust authority has approved mobile network operator Telefonica’s 8.55 billion-euro ($11.7 billion) bid to buy its competitor E-Plus under certain conditions, creating Germany’s biggest mobile phone company in terms of customers.
The EU Commission said Wednesday the deal is conditional on Telefonica selling up to 30 per cent of the merged company’s network capacity to service providers to boost competition.
It says Telefonica must also shed some assets and improve conditions offered to service providers. Those firms sell mobile phone contracts without having their own network, relying on wholesale agreements with incumbent operators.
Telefonica agreed to purchase E-Plus from Dutch telecommunications company Royal KPN NV, after winning the support of KPN’s biggest shareholder, Mexican billionaire Carlos Slim.
Telefonica plans to merge E-Plus with its own German arm, O2.
The post EU antitrust body OKs Telefonica’s buy of German E-Plus mobile operator from KPN with caveats appeared first on Canadian Business.
The EU Commission said Wednesday the deal is conditional on Telefonica selling up to 30 per cent of the merged company’s network capacity to service providers to boost competition.
It says Telefonica must also shed some assets and improve conditions offered to service providers. Those firms sell mobile phone contracts without having their own network, relying on wholesale agreements with incumbent operators.
Telefonica agreed to purchase E-Plus from Dutch telecommunications company Royal KPN NV, after winning the support of KPN’s biggest shareholder, Mexican billionaire Carlos Slim.
Telefonica plans to merge E-Plus with its own German arm, O2.
The post EU antitrust body OKs Telefonica’s buy of German E-Plus mobile operator from KPN with caveats appeared first on Canadian Business.
Chinese envoy says Philippines, China must work jointly to boost weak economic ties
– canadianbusiness.com
MANILA, Philippines – China’s ambassador to the Philippines says economic ties between the two countries are at disappointing levels and both must work to advance their common prosperity.
The two Asian neighbours are embroiled in a territorial row in the South China Sea.
Ambassador Zhao Jianhua said late Tuesday that the Philippines gets only 1.4 per cent of China’s outbound direct investment to 10 Southeast Asian countries, with Singapore receiving 46.3 per cent.
He did not refer to the territorial dispute but called the Philippines’ share of the Chinese investment pie “too disappointing,” with the Philippines investing more in China than the other way around.
He also says 426,000 Chinese tourists visited the country last year, while 4 million Chinese tourists go to Malaysia yearly and 3 million to Thailand.
The post Chinese envoy says Philippines, China must work jointly to boost weak economic ties appeared first on Canadian Business.
The two Asian neighbours are embroiled in a territorial row in the South China Sea.
Ambassador Zhao Jianhua said late Tuesday that the Philippines gets only 1.4 per cent of China’s outbound direct investment to 10 Southeast Asian countries, with Singapore receiving 46.3 per cent.
He did not refer to the territorial dispute but called the Philippines’ share of the Chinese investment pie “too disappointing,” with the Philippines investing more in China than the other way around.
He also says 426,000 Chinese tourists visited the country last year, while 4 million Chinese tourists go to Malaysia yearly and 3 million to Thailand.
The post Chinese envoy says Philippines, China must work jointly to boost weak economic ties appeared first on Canadian Business.
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
