News Centre

Senator Professor Mario Monti To Form A New Italian Government

Date 13/11/2011

Senator Professor Mario Monti has accepted, with reservations, the request from the President of the Italian Republic, Giorgio Napolitano to form a new government. Mario Monti will go back to the President once he has established the new government's program - if he can. The various parties in the Italian parliament have made contradictory demands of him in terms of the program to follow in return for their support.

Italy's President Napolitano Has Summoned Senator Monti To The Quirinale

Date 13/11/2011

The President of the Italian Republic, Giorgio Napolitano summoned at 19.00 hours Senator Professor Mario Monti, to the Quirinale Palace.

Dubai Gold & Commodities Exchange Weekly Market Commentary - November 13, 2011

Date 13/11/2011

Welcome to the Weekly Market Commentary from DGCX, providing you with a snapshot of what’s happening in the energy, precious metal and currency futures markets. 

President Napolitano Received The President Of The Council Of Ministers, Mr Berlusconi

Date 12/11/2011

The President of the Republic, Giorgio Napolitano, has received today at 21.00 at the Quirinale Palace, the President of the Council of Ministers, Mr Silvio Berlusconi, who, having completed the parliamentary process of examination and approval of the stability law and the budget State forecast, has resigned from the government he chairs. 

Silvio Berlusconi Has Handed Resignation Letter To Italy's President Giorgio Napolitano At Quirinale Palace

Date 12/11/2011

Silvio Berlusconi has submitted his resignation to Italy's President Giorgio Napolitano.

Italy's Prime Minister Berlusconi To Go To Quirinal Palace To Resign From Office

Date 12/11/2011

The Council of Ministers met today at 18.10 hours at Palazzo Chigi, under the chairmanship of the President, Silvio Berlusconi.

Italy's Lower House Approves Austerity Law

Date 12/11/2011

Italy's lower house gave final approval to a financial stability law on Saturday 12 November. The vote paves the way for Silvio Berlusconi to resign as prime minister.

Statement By IMF Managing Director Christine Lagarde At The Conclusion Of Her Visit To Japan

Date 12/11/2011

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Tokyo:

“This is my first visit to Japan as Managing Director of the IMF, and it has been a great pleasure to be here. I had very productive meetings with Minister of Finance Jun Azumi, Minister of State for Financial Services Shozaburo Jimi, Bank of Japan Governor Masaaki Shirakawa and other senior officials."

CME Group And CME Trust To Provide $300M Guarantee To SIPC Trustee To Help Facilitate Release Of Customer-Segregated Funds - Guarantee Intended To Assist Trustee In Making Prompt Distribution Of Customer Segregated Funds And Frozen Cash Balances - CME Trust To Provide Its Roughly $50 Million In Assets To CME Group Market Participants To Offset Missing Customer Funds Held At MF Global

Date 11/11/2011

CME Group, the world's leading and most diverse derivatives marketplace, today took extraordinary measures in order to accelerate the return of substantial customer cash and other assets securely held at CME Clearing, other clearing houses and MF Global custodians following the failure of MF Global.  Though CME Clearing does not guarantee FCM-held assets, CME Group is willing to provide a $250 million financial guarantee to the Trustee to give the Trustee greater latitude to make an interim distribution of cash to customers now, given the monumental task he faces to sort through considerable data and claims in order to complete the MF Global liquidation and make distributions to creditors.  Additionally, CME Trust will provide $50 million to CME Group market participants in the event there is a shortfall at the conclusion of the Trustee's distribution process.

Viacom Transfers Listing To The NASDAQ Stock Market

Date 11/11/2011

The NASDAQ Stock Market, Inc. (Nasdaq:NDAQ) today announced that Viacom Inc. will voluntarily transfer its stock exchange listing from The New York Stock Exchange to the NASDAQ Global Select Market effective December 1, 2011. Viacom is one of the world's leading entertainment content companies, with media networks including BET, MTV, VH1, Nickelodeon and COMEDY CENTRAL. Viacom is also home to Paramount Pictures.