Financial news on April 03, 2015

Business and Financial news
A Three-Pronged Front to Limit Shareholder Litigation

Three proposed amendments to corporate law in Delaware have the potential to transform the landscape of shareholder litigation in the United States. Read more..

By STEVEN DAVIDOFF SOLOMON - The New York Times

British Luxury With a Humble Past

Once used by the wealthy to house their servants and stable their horses, the mews house of today is a pleasing oasis of quiet, with many selling points. Read more..

By RICHARD HOLLEDGE - The New York Times

Chicago’s Odd Couple: Mayor Rahm Emanuel and a Billionaire Republican Investor

Billionaire Republican investor Kenneth C Griffin, owner of $26 billion investment firm Citadel, has given almost $1.3 million to Chicago Mayor Rahm Emanuel's election campaigns since 2010, most of it in 2015; Jesus G Garcia, facing Emanuel in election runoff, accuses him of letting Chicago's wealthy 'pay to play' and says Griffin benefits from relationship with Emanuel. Read more..

By ALEXANDRA STEVENSON - The New York Times

Daily Report: Regulators in Europe Take Aim at American Tech Giants

New developments offer the latest and perhaps clearest sign yet that American tech giants face intensifying scrutiny in Europe that could curb their profits in the region and affect how they operate around the world. Read more..

By THE NEW YORK TIMES - The New York Times

Iran Deal May Be Slow to Affect Oil Sector

Energy analysts say tentative agreement on nuclear talks with Iran will not produce any profound impact on current glutted oil market for at least six months and probably more than a year; exports of Iranian crude have dropped by more than million barrels daily since Europe imposed sanctions, and there is currently worldwide excess of almost two million barrels daily. Read more..

By CLIFFORD KRAUSS - The New York Times

Lux Capital Raises $350 Million Fund to Back Science Start-Ups

The new fund, which was nearly doubly oversubscribed, will bring the firm’s assets under management to $700 million. Read more..

By MICHAEL J. de la MERCED - The New York Times

President of Saks Steps Down

Marigay McKee steps down as president of Saks Fifth Avenue after 15 months, replaced by parent company executive Marc Metrick. Read more..

By HIROKO TABUCHI - The New York Times

Semiautonomous Driving Arrives, Feature by Feature

Wheels column; automakers at New York International Auto Show demonstrate cars that have several levels of so-called active safety features in which the vehicle takes over driving. Read more..

By AARON M. KESSLER and BILL VLASIC - The New York Times

The Chinese Billionaire Zhang Lei Spins Research Into Investment Gold

Chinese billionaire Zhang Lei and his firm Hillhouse Capital Group represents China's new class of entrepreneurs, who are looking to United States for more investment opportunities; as young MBA he persuaded Yale to give him $20 million to invest from its endowment, and his confident investors include sovereign wealth funds and wealthy entrepreneurs. Read more..

By ALEXANDRA STEVENSON - The New York Times

Uber Hires a Security Chief From Facebook

Uber hires veteran security expert Joe Sullivan as its first chief security officer, luring him away from Facebook where he has held same position for years. Read more..

By MIKE ISAAC - The New York Times

Exchange Rates of April 03, 2015
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0,912 EUR 1 EUR = 1,097 USD
US Dollar Japanese Yen 1 USD = 118,963 JPY 1 JPY = 0,008 USD
US Dollar Pound Sterling 1 USD = 0,670 GBP 1 GBP = 1,492 USD
US Dollar Australian Dollar 1 USD = 1,310 AUD 1 AUD = 0,764 USD
US Dollar Canadian Dollar 1 USD = 1,249 CAD 1 CAD = 0,801 USD
US Dollar Swiss Franc 1 USD = 0,952 CHF 1 CHF = 1,051 USD
US Dollar Chinese Yuan 1 USD = 6,194 CNY 1 CNY = 0,161 USD
US Dollar Mexican Peso 1 USD = 14,816 MXN 1 MXN = 0,067 USD
US Dollar Swidish Krona 1 USD = 8,552 SEK 1 SEK = 0,117 USD
Euro Japanese Yen 1 EUR = 130,480 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,735 GBP 1 GBP = 1,360 EUR
Euro Australian Dollar 1 EUR = 1,433 AUD 1 AUD = 0,698 EUR
Euro Canadian Dollar 1 EUR = 1,366 CAD 1 CAD = 0,732 EUR
Euro Swiss Franc 1 EUR = 1,045 CHF 1 CHF = 0,957 EUR
Euro Chinese Yuan 1 EUR = 6,727 CNY 1 CNY = 0,149 EUR
Euro Mexican Peso 1 EUR = 16,269 MXN 1 MXN = 0,061 EUR
Euro Swidish Krona 1 EUR = 9,388 SEK 1 SEK = 0,107 EUR
Japanese Yen Pound Sterling 1 JPY = 0,006 GBP 1 GBP = 178,571 JPY
Japanese Yen Australian Dollar 1 JPY = 0,011 AUD 1 AUD = 90,909 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,011 CAD 1 CAD = 95,238 JPY
Japanese Yen Swiss Franc 1 JPY = 0,008 CHF 1 CHF = 126,582 JPY
Japanese Yen Chinese Yuan 1 JPY = 0,052 CNY 1 CNY = 19,417 JPY
Japanese Yen Mexican Peso 1 JPY = 0,125 MXN 1 MXN = 8,026 JPY
Japanese Yen Swidish Krona 1 JPY = 0,072 SEK 1 SEK = 13,986 JPY
Pound Sterling Australian Dollar 1 GBP = 1,953 AUD 1 AUD = 0,512 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,861 CAD 1 CAD = 0,537 GBP
Pound Sterling Swiss Franc 1 GBP = 1,421 CHF 1 CHF = 0,704 GBP
Pound Sterling Chinese Yuan 1 GBP = 9,139 CNY 1 CNY = 0,109 GBP
Pound Sterling Mexican Peso 1 GBP = 22,131 MXN 1 MXN = 0,045 GBP
Pound Sterling Swidish Krona 1 GBP = 12,768 SEK 1 SEK = 0,078 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,952 CAD 1 CAD = 1,051 AUD
Australian Dollar Swiss Franc 1 AUD = 0,725 CHF 1 CHF = 1,380 AUD
Australian Dollar Chinese Yuan 1 AUD = 4,681 CNY 1 CNY = 0,214 AUD
Australian Dollar Mexican Peso 1 AUD = 11,322 MXN 1 MXN = 0,088 AUD
Australian Dollar Swidish Krona 1 AUD = 6,530 SEK 1 SEK = 0,153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,763 CHF 1 CHF = 1,311 CAD
Canadian Dollar Chinese Yuan 1 CAD = 4,912 CNY 1 CNY = 0,204 CAD
Canadian Dollar Mexican Peso 1 CAD = 11,888 MXN 1 MXN = 0,084 CAD
Canadian Dollar Swidish Krona 1 CAD = 6,857 SEK 1 SEK = 0,146 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,430 CNY 1 CNY = 0,156 CHF
Swiss Franc Mexican Peso 1 CHF = 15,565 MXN 1 MXN = 0,064 CHF
Swiss Franc Swidish Krona 1 CHF = 8,983 SEK 1 SEK = 0,111 CHF
Chinese Yuan Swidish Krona 1 CNY = 1,390 SEK 1 SEK = 0,720 CNY

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