Sheryl Sandberg met with the State Council Information Office (SCIO), an Internet regulator, in China yesterday.
Legal & Regulatory
Japan considers USD 50 billion economic stimulus package to cushion tax increase- sources
Japan was said to be studying the possibility of giving a USD 50 billion economic stimulus package to cushion the possible drag of its planned tax hike, sources told Reuters.
Basel IV requirements would need another GBP50 billion for compliance
UK banks would need another GBP50 billion on top of GBP13.7 billion to comply with both Basel III and Basel IV.
EU aims to restructure telecoms market
EU submits a list of proposals aimed to improve the EU telecommunications industry. In its newest attempt to overhaul the European Union's telecommunications industry, a proposal to place a price cap on cross border phone calls in Europe was made.
BlackBerry to lobby Canadian Government over foreign-takeover rule
BlackBerry Ltd. was scheduled to meet with Canadian lawmakers to discuss the Investment Canada Act as investor concerns increased that a domestic buyout of the struggling company would no longer be possible.
Latest News
The Telegraph reported that Royal Dutch Shell had postponed its refinery project worth USD 1.3 billion in eastern China.
Voters rejected the casino proposal of Hard Rock International for West Springfield, Massachusetts. The casino proposal of Hard International for West Springfield, Massachusetts was rejected by voters in West Springfield, Massachusetts.
The settlement paid out to investors for the collusion between Gen Re and AIG was already approved by US District Judge Deborah Batts.
The Reserve Bank of India (RBI) allowed local banks to borrow overseas up to 100% of their Tier I capital.
The USD2 billion deposit by the Qatari government in support of former Egyptian President Mursi's government was converted to bonds by the current administration in Egypt.
The Philippines' Department of Finance announced that it had begun to accept development proposals under the Philippines-Italy Debt for Development Swap Program.
The government of Japan announced that by next month, it would begin to thresh out the details of a joint procurement plan for the purchase of liquefied natural gas.
The National Pension Service of South Korea increased its stake in six local companies as the government lengthened disclosure times for share purchases over 10%.
Eike Batista's OSX Brasil SA engaged the services of Bingham McCutchen LLP for its restructuring efforts.
