Author: PageOne

BaFin fines EUR140,000 Wild Bunch AG
Global

BaFin fines EUR140,000 Wild Bunch AG

BaFin, Germany’s top financial regulator said it is imposing EUR140,000 on Wild Bunch AG. The decision is a follow-up to an earlier statement released that Wild Bunch AG offended against 37v (1) sentences 2 and 3 and section 37w (1) of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG). The legal […]

Napoleon Nazareno leaves the board of Rocket Internet
Tech

Napoleon Nazareno leaves the board of Rocket Internet

Napoleon Nazareno (L.) has resigned from the Supervisory Board of Rocket Internet. The company made the announcement as part of the outcome of its Annual General Meeting held yesterday. The Annual General Meeting appointed Christopher H. Young as a new member of the Supervisory Board. Mr. Young serves as Chief […]

CME Group hits 16.5 million in daily contracts for May
Global

CME Group hits 16.5 million in daily contracts for May

CME Group, the world’s largest derivatives marketplace said its average daily volume (ADV) reached 16.5 million contracts, up 11 percent from May 2016. The exchange’s options volume averaged 3.4 million contracts per day, up 21 percent versus May 2016, with electronic options averaging 2.1 million contracts per day, up 36 […]

BP strikes oil offshore Trinidad & Tobago
Energy

BP strikes oil offshore Trinidad & Tobago

British oil major, BP said it has made two significant gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad. BP said in a statement that the results of these wells have unlocked approximately 2 trillion cubic feet (tcf) of gas in place to underpin new developments in these […]

Tsogo Sun picks Jacques Booysen as CEO
JSE SENS

Tsogo Sun picks Jacques Booysen as CEO

One of South Africa’s leisure and hospitality group, Tsogo Sun has appointed Jacques Booysen as its new Chief Executive Officer. Tsogo Sun said in a statement that Jacques Booysen is a qualified accountant and a major shareholder of the Company, with effect from 1 July 2017. His appointment also made […]