Tags: NULL Share whatsapp FSA examines base metals ETP complaint KCS-content Show Comments ▼ CITY watchdog the Financial Services Authority (FSA) yesterday said it has received a complaint about plans to launch base metal exchange traded products (ETP).“Because it [the complaint] has just recently been sent, we have to look at issues that have been raised,” the FSA said. “We are not a price regulator. Generally what we would look at is the potential for market abuse or distortion of price and consumer protection.”Providers that in recent weeks have announced plans to launch ETPs include UK-based ETF Securities and US investment bank JP Morgan.ETF Securities said in early October it will introduce physical ETPs for copper, aluminium, zinc, lead, tin, nickel and a basket of the six major base metals. However, it has no date, as yet, for the launch.JPMorgan Commodity ETF Services registered to launch an ETP for copper in a filing with US regulator the Securities and Exchange Commission late last month.For a factbox on recent copper ETPs, see Traders said that an ETP could suck down London Metal Exchange (LME) inventories that are already constrained by declining ore grades and demand that is steadily improving since the global economic crisis.“People are saying they have or are going to complain to the LME and the FSA. The argument is that they will distort the market and tie up the stocks,” a metals trader said. “My reaction is; how could the market be any more distorted and non-related to the real world than it already is?” whatsapp Monday 8 November 2010 8:38 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap
whatsapp Tags: NULL KCS-content whatsapp Show Comments ▼ Monday 4 April 2011 7:10 pm More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com BEST OF THE BROKERS Share SERCOMorgan Stanley rates the outsourcing group “equal-weight” with a target price of 650p. The broker is disappointed by the small number of work and pensions contracts the firm picked up last week, and expects Serco’s revenues from welfare-to-work programmes to drop in the second-half of the year. While the impact on overall forecasts will be minimal, the broker adds that sentiment around the company will take a more significant dent.MARKS & SPENCERSeymour Pierce rates the retailer “buy” but has lowered its target price from 450p to 380p. The broker expects the firm’s quarterly trading figures out tomorrow to show a 6.5 per cent drop in general merchandising sales, due to a shorter-than-usual January sale. The broker is more bullish on food sales than the rest of the market, expecting a 0.5 per cent drop compared to a one per cent rise predicted by consensus estimates.CPPUBS has downgraded the credit card insurer from “buy” to “neutral” and cut its target price by more than half to 160p following last week’s news of an investigation by financial watchdog FSA. The broker is concerned that business partners might pull back from working with CPP in the noise surrounding the FSA probe. If CPP loses three partners, UBS estimates a 30 per cent downgrade to its 2014 forecasts.
Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Legal & compliance 20th April 2020 | By contenteditor Topics: Legal & compliance The Malta Gaming Authority (MGA) has entered into a data-sharing agreement with the International Cricket Council (ICC), the sport’s global governing body.Under the arrangement, the MGA and ICC will share data with each other, with the aim of tackling match fixing and other types of sporting manipulation.The ICC, made up of more than 100 national governing bodies around the world, governs and administrates cricket, stages events, oversees playing regulations and runs an integrity unit to coordinate action against corruption and match fixing.“This data sharing agreement with the ICC represents the Authority’s ongoing commitment of combatting match-fixing and other types of manipulation in sports,” MGA sports integrity manager Antonio Zerafa said.“In fact, this agreement will allow the MGA and the ICC to share crucial data related to the process of detecting, preventing and investigating activities related to manipulation of sports competitions.”Meanwhile, the MGA has served a notice of cancellation to Join Games Malta in relation to Regulation 12 of the Malta Gaming Compliance and Enforcement Regulations.The MGA did not specify the exact breach of the licence, but did state that it had requested Join Games Malta submit in writing any reasons why its licence should not be cancelled within 20 days of today (20 April).Should Join Games Malta fail to respond or demonstrate why it should retain its licence, the MGA can then proceed with the cancellation.Join Games Malta currently holds a B2B critical supply licence, which permits it to supply casino content and related services to MGA licensed operators. Email Address Tags: Online Gambling Regions: Europe Southern Europe Malta The Malta Gaming Authority (MGA) has entered into a data-sharing agreement with the International Cricket Council (ICC), the sport’s global governing body. Malta regulator signs data deal with International Cricket Council
Nestle Nigeria Plc (NESTLE.ng) listed on the Nigerian Stock Exchange under the Food sector has released it’s 2011 annual report.For more information about Nestle Nigeria Plc (NESTLE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Nestle Nigeria Plc (NESTLE.ng) company page on AfricanFinancials.Document: Nestle Nigeria Plc (NESTLE.ng) 2011 annual report.Company ProfileNestle Nigeria Plc is a food manufacturing and marketing company in Nigeria and a subsidiary of the largest food and beverage company in the world. The company produces an extensive range of products for the retail and wholesale sectors. Famous brands in the food category include Maggi, Golden Morn, Nan, Lactogen, Nutrend and Cerelac. Brands in the beverages segment include Milo, Chocomilo, Nescafe, Nestle Pure Life and Nido. The company has an infants’ range which includes an infant formula, Nestle Nan; and infant cereals which includes Nestle Nutrend, Nestle Cerelac and Nestle Golden Morn. Nestle Nigeria also produce and market a brand of still water called Pure Life. The company’s head office is in Lagos, Nigeria. Nestle Nigeria Plc is listed on the Nigerian Stock Exchange
Falcon Gold Zimbabwe Limited (FALG.zw) listed on the Zimbabwe Stock Exchange under the Mining sector has released it’s 2018 interim results for the half year.For more information about Falcon Gold Zimbabwe Limited (FALG.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Falcon Gold Zimbabwe Limited (FALG.zw) company page on AfricanFinancials.Document: Falcon Gold Zimbabwe Limited (FALG.zw) 2018 interim results for the half year.Company ProfileFalcon Gold Zimbabwe Limited is a gold mining and exploration company in Zimbabwe. The company owns Dalny mine in Chakari, Venice Mine in Kadoma and Golden Quarry mine in Shurugwi. Founded in 1991, Falcon Gold Zimbabwe is a subsidiary of New Dawn Mining Group. New Dawn Mining Corp. in involved in the exploration, development, extraction, processing and reclamation of precious metal deposits in Zimbabwe. It primarily explores for gold, base metals and precious metals. Falcon Gold Zimbabwe Limited also has an operational processing plant and ancillary infrastructure which supports a central processing plant that treats ore from Pickstone. Falcon Gold Zimbabwe Limited is listed on the Zimbabwe Stock Exchange
Cim Financial Services Ltd (CIM.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2019 abridged results.For more information about Cim Financial Services Ltd (CIM.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Cim Financial Services Ltd (CIM.mu) company page on AfricanFinancials.Document: Cim Financial Services Ltd (CIM.mu) 2019 abridged results.Company ProfileCim Financial Services Limited (Cim Group) is headquartered in Mauritius that is regulated by the bank of Mauritius as a non-banking deposit taking institution and licenced by the Financial Services Commission as a credit financing institution offering a range of credit. The company avails individual consumers, SMEs and large corporates with financial services such as consumer finance, crediLimited t card, forex, leasing and factoring. Cim Financial Services is listed on the Stock Exchange of Mauritius.
Peter Stephens owns shares of Aviva and British Land Co. The Motley Fool UK has recommended British Land Co. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. The stock market crash may not be over. But I’d buy these 2 FTSE 100 shares in an ISA today Enter Your Email Address See all posts by Peter Stephens Our 6 ‘Best Buys Now’ Shares The FTSE 100’s near-term outlook continues to be highly uncertain. The economic impact of coronavirus is impossible to quantify at present. Investor sentiment could weaken before it improves.This could cause paper losses for many investors in the coming weeks and months. But it may also present buying opportunities for the long term. Many FTSE 100 stocks currently trade on low valuations and may offer recovery potential.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Here are two prime examples of stocks facing challenging near-term outlooks. They could offer high total returns in the coming years.British LandThe near-term prospects for real estate investment trust (REIT) British Land (LSE: BLND) are relatively downbeat. It recently announced it will defer the rents of some of its customers to help them through the coronavirus outbreak. This is expected to cause a decline in the company’s financial performance in the current year.British Land has also suspended its dividend payments until it has greater clarity regarding its financial outlook. And, with the UK economy experiencing a lockdown, it would be unsurprising for the value of its various retail, office and leisure units to come under pressure in the coming months.As such, buying the stock today could lead to paper losses for investors in the short run. However, in the long term, it could have recovery potential. It has a modest loan-to-value (LTV) figure of 31%, while it doesn’t require any refinancing until 2024.With the stock currently trading at a similar level to where it did during the financial crisis, it appears to offer a wide margin of safety. For long-term investors, it may provide recovery potential in the coming years – just as it did following the financial crisis when it more than doubled within five years.AvivaAnother FTSE 100 share that appears to offer a wide margin of safety is Aviva (LSE: AV). The insurance company’s shares have fallen by over 40% since the start of the year. They now trade at their lowest level since 2009. This suggests they are currently trading below their intrinsic value, and could offer long-term recovery potential.A recent update from the business highlighted its financial strength. It has a solvency ratio of 175% after payment of its recent dividend, which suggests it’s well capitalised. Although the financial impact of coronavirus is a known unknown, Aviva seems to be relatively well-placed to overcome its short-term challenges.As such, for investors who are able to look beyond the near-term risks facing the company, now could be the right time to buy a slice of the business. It may experience further declines in its price should news regarding coronavirus deteriorate. But, as its past recoveries from previous economic difficulties have shown, it could provide impressive total returns in the long run. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Peter Stephens | Wednesday, 1st April, 2020 | More on: AV BLND
Luke McLean; Angelo Esposito, Michele Campagnaro, Alberto Sgarbi, Leonardo Sarto; Tommaso Allan, Edoardo Gori; Lorenzo Cittadini, Davide Giazzon, Martin Castrogiovanni, Quintin Geldenhuys, Marco Bortolami, Alessandro Zanni, Josh Furno, Sergio Parisse. Looks like an almost identical team – with as many injuries as Italy have there’s not much choice – but Cittadini comes in because of his experience and Furno is named becase he offers more oomph than a noticeably slowed Mauro Bergamasco. They’ll need to slug away for 80 minutes to beat France. – Alessandro Zanni broke his nose, Ghiraldini damaged his hamstring and Luke Charteris has a tight hamstring and Cuthbert has a tight groin. Ghiraldini is the only serious doubt.What’s next?– Wales will not have scared anyone with this performance and need to have more of a cutting edge against Ireland. The few good lines they cut saw them beyond Italy. Drifting across the pitch helps no one.– When Wales kick well they have chasers who can scare anyone. But they need to stop finding the other team’s full-back with their clearances.– Italy have to keep going and hope that Tomasso Allan has the ability to grow and manage a game. They hung in there until the end against Wales but need to dictate the game pace in order to win.– Gatland said of the upcoming Ireland game: “I’d be pretty pissed off if next week is built up as a grudge match. We’ve moved on. Brian (O’Driscoll) has moved on. It’s two countries coming together, 46 players.”RW’s proposed Wales XV to play Ireland:Leigh Halfpenny; Alex Cuthbert, Scott Williams, Jamie Roberts, George North; Rhys Priestland, Mike Phillips; Paul James, Richard Hibbard, Andrew Coombs, Alun Wyn Jones, Dan Lydiate, Sam Warburton, Taulupe Faletau.This team needs to stick together and out-work Ireland. Roberts stays, but only as Jonathan Davies shouldn’t be flung into action right away after returning from injury. Warburton and Coombs will add a bit more heft at the breakdown.RW’s proposed Italy XV to play France: LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS CARDIFF, WALES – FEBRUARY 01: Alex Cuthbert of Wales powers his way past Sergio Parisse (L) of Italy during the RBS Six Nations match between Wales and Italy at the Millenium Stadium on February 1, 2014 in Cardiff, Wales. (Photo by Michael Steele/Getty Images) Doing just enough: Alex Cuthbert scored, as did Scott Williams, but they were matched on two tries by ItalyBy Alan Dymock at the Millennium StadiumThe match in 30 secondsWales haven’t won at home in a Six Nations opener since 2005, and they almost undid themselves against a frantic Italy, but had just enough to see them off at 23-15.A fine line from Jamie Roberts led to a bursting break and a try for Scott Williams, which looked to be a defining moment before Italy got their own score as Michele Campagnaro dribbled his way to a try early in the second half and then pulses were sent racing as the same player intercepted a wayward Leigh Halfpenny pass to scuttle in for another later on. The game had started with an Alex Cuthbert try from calamitous defending which meant he could tootle onto a missed grubber to score and Wales had a lot of squandered possession, but in the end it was Leigh Halfpenny’s boot that ensured the Millennium Stadium was just happy enough, after he slotted five kicks.Wales – Tries: Cuthbert, S Williams. Cons: Halfpenny 2. Pens: Halfpenny 3.Italy – Tries: Campagnaro 2. Cons: Allan Pens: AllanPost-match bulletin– On his Six Nation debut, Campagnaro scored twice, ran for 98m and won the Man of the Match.– Italy played the most-capped pack of all time, but succumbed to Wales, losing three of their own scrums and their front-row were penalised five times. They also had a 57% success rate at their own scrum.– However, Warren Gatland said: “I thought the scrum was iffy,” for Wales as well. He also said: “We know we get stronger as the tournament goes on.”– Jamie Roberts mentioned Wales kicked away too much ball in the game immediately after the match, with them kicking ball away 37 times throughout the game.– Wales beat 16 defenders and made six clean breaks, but only scored twice.– Sergio Parisse carried 21 times – more than any other player.
Champions: Wales lift the Six Nations trophy and Triple Crown (Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS All the reaction to Wales winning the Six Nations Grand SlamA 25-7 win over Ireland in Cardiff delivered a Six Nations Grand Slam for Wales. Man of the Match Gareth Anscombe kicked 20 points in the victory.The win also meant they lifted the Triple Crown and overtook the Irish to move into second in the world rankings – a rise from the tenth position they held when Warren Gatland took over in late 2007.Related: How Wales won the Grand SlamAnscombe joked during his post-match interview with the BBC that he’d need to get a leave of absence from Cardiff Blues coach John Mulvihill for training on Monday because the celebrations would last a couple of days rather than just Saturday night.Related: Downtime with Gareth AnscombeBut what else was said after the Grand Slam triumph? Here’s all the reaction from the Principality Stadium…Wales captain Alun Wyn Jones: “I’ve been very fortunate to be involved in two previous ones (Grand Slams) in the championship. I’m just really proud as a small nation to to be able to do that. Who said what after Wales beat Ireland to secure a championship clean sweep “The score got away from us but performance-wise we weren’t as far off the mark as we were at the start of the championship. It’s not as disappointing as the one we started the championship with.”Follow Rugby World on Facebook, Twitter and Instagram. “Pride is the word. To represent your country and your family and to try to show that. That’s what I said to the players – be proud to represent who you are and where you’re from.”Rising high: Alun Wyn Jones wins a lineout against Ireland (Getty Images)Wales coach Warren Gatland: “The boys thoroughly deserve it. Emotion plays a huge amount in games like this. I said beforehand it’s about them and their families and creating history – Grand Slams and things that can’t be taken away from you. I thought they were exceptional.“We managed the game and nullified Ireland’s strengths – the scrum and the lineout, the runners they get momentum from. The youngsters have come through and shown real character.”Tough going: Rory Best looks dejected during the match (Getty Images)Ireland captain Rory Best: “They came out very hard and very fast. To get so quickly to a 10-0 margin behind, it puts pressure on you and pressure can do very strange things to you. We had to force it then really.”Ireland coach Joe Schmidt: “I’d like to say hats off to Wales and to Gats. Twelve years as an international coach… I’ve done six and it’s damn-near killed me so I’m not sure how Gats has done 12! You could see what it meant to them when they were celebrating.Coaches’ corner: Joe Schmidt and Warren Gatland share a joke before kick-off (Getty Images)“Talking to Gats, we were talking about the extra 5% you get when you’re going for a Grand Slam. The belief you get from accumulating four wins.