Business News

IOSCO Issues Study of Regulatory Approaches and Tools to Deal with Cyber Risk

April 6, 2016/IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) today published a report that brings together insights and perspectives from IOSCO’s various policy, stakeholder and regional committees on the topic of cyber resilience. The cyber risk constitutes a growing and significant risk to the integrity, efficiency […]

Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change

Wed Apr 6, 2016/Reuters U.S. drugmaker Pfizer Inc and Ireland-based Allergan Plc walked away from their $160 billion merger on Wednesday, a major win for President Barack Obama, who has been pushing to curb deals in which companies move overseas to save on taxes. Pfizer said the decision was driven […]

Erin Energy Announces Agreement with Zenith Bank on Terms of Loan Facility

Tuesday, April 05, 2016/Cardinal Stone Research Culled——Proshare Event Yesterday, Erin Energy Corporation (NYSE MKT: ERN), an independent oil and gas exploration and production company focused on energy resources in sub-Saharan Africa listed on the New York and Johannesburg Stock Exchanges, announced it had obtained a waiver  to the funding requirements […]