Wednesday 6 November 2024
 
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insider trading

Court suspends Airbus insider trading trial

French judges on Friday effectively suspended a trial involving allegations of insider trading in the shares of Airbus Group to allow a higher court to rule on whether the long-awaited procedure was constitutional. The latest abru

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Four face action over US insider trading

The US Securities and Exchange Commission (SEC) has charged four San Francisco-area men with insider trading in Ross Stores stock options, and one of the four with insider trading in stock options of a company that was later bought by Oracle.

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Icahn investigated in US insider trading probe

The US Federal Bureau of Investigation and the Securities and Exchange Commission are investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, a source familia

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Kuwait Al Ahli Bank chairman fined $5.3m

A Kuwaiti court has fined the chairman of Al Ahli Bank, the country's eighth largest bank by market capitalisation, 1.5 million dinars ($5.3 million) over alleged insider trading in the bank's shares. The Court of First In

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Rajat Gupta gets 2 years in insider trading case

  Disgraced Wall Street titan and philanthropist Rajat Gupta was sentenced to two years in prison on Wednesday, a much lighter sentence than US prosecutors had demanded, by a judge who called his insider trading crimes "disg

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BP faces insider dealing probe as nears well kill

BP faces an investigation into whether its employees profited illegally from the Gulf of Mexico spill, as the oil giant prepared on Tuesday to kill the blown-out well for good.    US securities regulators are investigating

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Bahrain lifts ban on company insiders trading

The Bahrain Stock Exchange (BSE) has decided to remove a ban on company insiders trading in their own shares on the stock exchange during a company's close period. The move means that key members of a company, including directors, seni

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Tribeca looks to create film hub in Qatar

The Doha Tribeca Film Festival, Qatar's first film event, said on Monday it wants to create a hub for regional filmmakers in the country, through education initiatives and community involvement. New York's Tribeca Film Festival was founded

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Saudi firm's head jailed for insider trading

A Saudi Arabian financial court has taken the unprecedented step of jailing a violator of stock market regulations, after the chairman of Bishah Agricultural Development Co was found guilty of insider trading. According to a statement publ

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New UAE rules to curb insider trading

The UAE market regulator has banned directors and some other company officials from trading in their companies' shares 15 days prior to the end of every quarter. Directors and staff with access to potentially market-moving news would not b

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