Galp

UK Authorities Charge Five Individuals in Connection to Axiom Ince Collapse

3 days ago

The UK has taken decisive legal action against five individuals, indicting them on charges of fraud related to the collapse of Axiom Ince, a prominent professional services firm. The charges mark a significant development in the investigation surrounding the sudden downfall of the company, which had previously been involved in various sectors including legal and financial services.

Regal Partners and Platinum Asset Management Cease Merger Negotiations

14 days ago

In a significant turn of events within the finance world, Regal Partners has officially put an end to its discussions regarding a potential takeover of Platinum Asset Management. This decision comes after a series of negotiations aimed at combining their operational strengths to create a more formidable presence in the asset management industry.

Swiss Lawyers Off the Hook: No Requirement to Report Suspicious Funds, Says Minister

2 months ago

In a significant development concerning the financial regulations in Switzerland, the Swiss Minister of Justice announced that lawyers in the country will not be obligated to report suspected illicit funds. This decision has ignited a flurry of reactions from various sectors, with critics arguing that it could undermine efforts to combat money laundering and uphold financial integrity.

Namibia Set to Experience New Oil Drilling Surge with Galp Rig Arrival

2 months ago

Namibia is poised for an exciting new phase in its oil exploration journey as the Portuguese oil company Galp prepares to commence drilling operations in the resource-rich offshore region. This upcoming drilling campaign marks a significant milestone for Namibia, leveraging advanced technology and expert knowledge to tap into promising oil reserves that have garnered global interest from major energy stakeholders.

Pressure Mounts on UBS Bankers as Lawyers Challenge ESG Labeling Practices

2 months ago

Recent developments at UBS, one of the world’s largest banking institutions, have brought the topic of Environmental, Social, and Governance (ESG) labels to the forefront of the banking industry. With increasing scrutiny from legal experts, UBS bankers are reportedly feeling the heat as they reevaluate the accuracy and integrity of their ESG designations.

Portugal’s Opposition Leader Signals Green Light for Budget Passage

3 months ago

This is a big development in the Portuguese political scenario-the head of the main opposition party just signaled that he was en route to letting the government budget sail through easily. As an announcement, this reflects an important U-turn in the political landscape, which could be broadly predestining for the economic stability and governance of Portugal.