“Commercial Awareness Is Global.”
By: Emma Peart It has come to light through accidental disclosure of files that a UK law firm, ACS: Law has been sending letters on behalf of its client MediaCAT to suspected illegal file sharers. This in itself has raised a number of questions as to any such action by a firm. The letters themselves offered the suspected illegal file-sharers
By Charles Wanguhu A proposed toll road in Nairobi has fallen through after the World Bank withheld funding after claims that the project did not adhere to the Banks social and environmental safeguards, and Kenyan laws, including land acquisition. Kenya was to work with Austrian construction firm Strabag AG which has previous experience of road construction especially interior of Kenya.
By: Ainsley Brown I want to extend a very warm heart felt Happy Birthday to Robert Nesta Marley, better know to the world as Bob Marley. Rest in peace Bob, you are gone but never forgotten. Thank you for the music, memories and most of all the vision for a better world. So what does this have to do
By: Ainsley Brown In a move that would be the first of its kind, a state-owned Chinese bank could take control of a US retail bank. The Industrial & Commercial Bank of China (ICBC) has reportedly signed a deal to acquire the majority stake in the US subsidiary of Bank of East Asia. The deal signed during the recent state
By: Emma Peart The decision in Radmacher has potentially given even more credibility to Pre-nuptual agreements in the UK. The case concerns a German industrial heiress and her Ex-Husband, a Former Investment Banker, who entered into a Pre-Nuptial agreement with the idea of protecting the interests they would inherit through family business. The Judgement itself states that the approach of
By: Ainsley Brown Hedge Funds, a business synonymous with offshore and often tropical locals is witnessing a surprising trend in the European Union (EU). Are you ready for this? Ok, one word: onshoring. With the passage of the controversial EU Alternative Investment Fund Manager Directive last year, many a fund have abandoned offshore locations such as the British Virgin Islands,
By: Ainsley Brown On the go but want to check if that hot new stock tip you got is Shari’ah compliant? Well now you can – Shari’ah compliance has gone mobile. Amiri S3 or Shari’ah Screening System is a downloadable Blackberry application that allows its users to check over 38,000 stocks from all over the world to determine Shari’ah compliance.
By: Ainsley Brown Listing on the London Stock Exchange (LSE) could become a much quicker process in 2011 if several of the leading investment banks in the UK follow through with their plans. It currently takes five weeks generally to go from a company announcing its intention to list to it being placed on the LSE – the banks
By: Ainsley Brown Talk about kicking off the New Year with a bang: it is official as of January 1, 2011 Australia now has its first national Consumer Law. The new law ushers in a comprehensive national consumer protection regime that mandates quick remedies – repair, replace, refund – to customer complaints. It replaces a patchwork of 20 national, State
By Emma Peart Recently a bill named the Daylight Saving Bill has passed through the initial stages of Government voting. The bill effectively suggests the changing of time within the UK away from Greenwich Mean Time(GMT). The proposal is to change to Continental time, whereby in the spring the UK would have GMT plus two hours – also known as