Tag Archives: foreign
Exclusive: Cuba readies corruption trials of Western businessmen
By Marc Frank HAVANA (Reuters) – Canadian and British executives of three foreign businesses shut in 2011 by Cuban authorities, ostensibly for corrupt practices, have been charged after more than a year in custody and are expected to go on trial soon, sources close to the cases told Reuters. The arrests, part of a broad government campaign to stamp out corruption, sent shockwaves through Cuba’s small foreign business community where the companies were among the most visible players. Until then, expulsions rather than imprisonment had been the norm for those accused of corrupt practices Continue reading
BP Withdrawing Some Staff From Libya
LONDON — Oil company BP says it is temporarily withdrawing some nonessential and non-Libyan staff from its office in Libya’s capital following similar action by Britain’s Foreign Office. David Nicholas, a BP spokesman, said the move is “a precautionary measure” on advice from the Foreign Office. He wouldn’t say how many staff will be affected but stressed that the Tripoli office remains open. Continue reading
Queen’s Speech: Immigration Set To Dominate
Foreign criminals and rogue employers who take on illegal migrants will be targeted in policies to be announced by the Queen. Continue reading
Karzai urges Taliban to fight Afghan enemies after Pakistan clash
KABUL (Reuters) – Afghan President Hamid Karzai called on the Taliban on Saturday to fight Afghanistan's enemies in what was widely seen as a swipe against Pakistan days after the neighbors' security forces clashed on their border. Karzai's remarks are likely to unsettle already shaky ties with Pakistan and come as the United States wants Pakistan to help Afghanistan persuade the Taliban to engage in peace talks ahead of the withdrawal of most foreign troops by the end of next year. … Continue reading
Hong Kong Exchange Fund 1Q Investment Income HK$17.1 Billion
The fund that manages Hong Kong’s foreign-exchange reserves and backs its currency saw first quarter investment income falling 44% from the previous quarter, weighed by weaker local stocks and foreign-exchange losses, the Hong Kong Monetary Authority said Friday. Continue reading
Greece says talks with troika to be finalized by Monday: deputy finance minister
Greece will finalize talks with the so-called troika of its foreign lenders by Monday, the country’s deputy finance minister said on Saturday. Continue reading
State Street electronic FX chief departs in leadership shake-up
State Street Corp said on Saturday the top executive of its electronic foreign exchange trading business has left the company in a leadership shake-up. Continue reading
State Street electronic FX chief departs in shake-up
State Street Corp said on Saturday the top executive of its electronic foreign exchange trading business has left the company in a leadership shake-up. Continue reading
NTT Communications Expands Tokyo Stock Exchange’s Global Reach with arrownet-Global to Hong Kong
- Allows Foreign Investors to Directly Assess TSE Systems via Ultra-low Latency Global Connectivity – TOKYO, April 11, 2013 /PRNewswire/ — Tokyo Stock Exchange (TSE) partners with NTT Communicati… Continue reading
Peru’s Central Bank Raises To 36% Limit on Pension Fund Investments Abroad
The Central Reserve Bank of Peru on Sunday increased the limit on foreign investments made by Peru’s private pension funds, or AFPs, to 36% from 34%. Continue reading
