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Top related persons:
Alice Law - 1 Lyndon Chao - 1 ASIFMA - 1 Chao - 1 Neuberger Berman - 1 They've - 1 Law - 1 Samuel Shen - 1
Top related locs:
SHANGHAI HONG KONG China Beijing U.S Garoua Cameroon GAROUA
Top related orgs:
Thomson - 2 Asia Securities Industry - 1 Financial Markets Association - 1 BlackRock - 1 Fidelity International - 1 REUTERS - 1 CFA - 1 Dangote Petroleum - 1

Search resuls for: "Alice Law"


4 mentions found


☆ China should allow cross-border data sharing, financial lobby group says
  + stars: | 2023-06-27 | by ( Samuel Shen Selena Li | Samuel Shen | Selena Li | ) www.reuters.com   time to read: +3 min
SHANGHAI/HONG KONG, June 27 (Reuters) - China should allow cross-border sharing of information by financial firms operating in the country, a leading financial lobby group said, as authorities tighten control of data generated within its borders in a national security drive. Last July, China unveiled cross-border data review measures that require a security review for "important" offshore data transfers - a move that triggered confusion and concern among foreign financial firms operating in the country. The financial sector lobby group said cross-border transfer of data such as investment outlooks, portfolio analysis, shareholding information and anti-money laundering information should be allowed. However, ASIFMA said the data security rules have made operating in China "very painful" for some of its members. One major complaint from firms operating in China is that Chinese data rules are ambiguous, the lobby group said.
Persons: Alice Law, Lyndon Chao, ASIFMA, Chao, Neuberger Berman, They've, Law, Samuel Shen, Selena Li, Sumeet Chatterjee, Sonali Paul Organizations: Asia Securities Industry, Financial Markets Association, BlackRock, Fidelity International, Thomson Locations: SHANGHAI, HONG KONG, China, Beijing, U.S
☆ As Nigeria scraps fuel subsidy, a vibrant black market collapses
  + stars: | 2023-06-26 | by ( Desire Danga Essigue | ) www.reuters.com   time to read: +4 min
Since Nigeria scrapped a state fuel subsidy on May 31, black market fuel vendors and commercial drivers in Cameroon, Benin and Togo who were heavily reliant on petrol smuggled from Nigeria have seen their businesses collapse. With supplies dwindling, queues have been forming at official petrol stations, where fuel is now competitively priced. "Supply has become scarce and customers think we're ripping them off with this high price, yet it's from Nigeria that prices have soared," said Perevet Dieudonne, a black market seller. The trade in black market fuel is so central to the local economy that authorities either turn a blind eye or are complicit. At Hilacondji, a border crossing between Togo and Benin, some black market fuel stalls were shut, while at others vendors waited among rows of empty plastic jerricans for potential deliveries.
Persons: Danga, turvy, Perevet Dieudonne, Ousmanou Mal Djoulde, Ayi Hilla, Alice Lawson, Pulcherie, Amindeh Blaise Atabong, Elisha Bala, MacDonald Dzirutwe, Estelle Shirbon, Bate Felix, Elaine Hardcastle Organizations: REUTERS, CFA, Reuters, Dangote Petroleum, United Nations, Thomson Locations: Garoua, Cameroon, GAROUA, West, Nigeria, Benin, Togo, Nigerian, West Africa, Dangote, Hilacondji, Africa, Cotonou, Pulcherie Adjoha
☆ Air traffic controllers suspend strike in West and Central Africa
  + stars: | 2022-09-24 | by ( Ngouda Dione | ) www.reuters.com   time to read: +3 min
DAKAR, Sept 24 (Reuters) - A 48-hour strike by air traffic controllers in West and Central Africa has been suspended, their union said on Saturday. The strike, which started on Friday, has disrupted flights across the region and left hundreds of passengers stranded at airports on Saturday. The Union of Air Traffic Controllers' Unions (USYCAA), which called the wildcat strike, said in a statement it decided to suspend its strike notice for 10 days immediately so as to allow for negotiations. The union said more than 700 air traffic controllers joined the strike to demand better working and pay conditions. The controllers work under the Agency for Aerial Navigation Safety in Africa and Madagascar (ASECNA) an 18-member state agency that manages air traffic over an area covering 16 million square km of airspace.
☆ Air traffic control strike disrupts flights across West Africa
  + stars: | 2022-09-24 | by ( ) www.reuters.com   time to read: +2 min
Register now for FREE unlimited access to Reuters.com RegisterDAKAR, Sept 24 (Reuters) - Dozens of flights were cancelled across West and Central Africa on Saturday as a strike by regional air traffic controllers entered a second day, leaving hundreds of passengers stranded at airports. The 48-hour strike was called by a union representing workers of the Agency for Aerial Navigation Safety in Africa and Madagascar (ASECNA), which regulates air-traffic control in 18 countries. The air traffic controllers, who have threatened to prolong the strike if their demands are not met, are seeking better working and pay conditions. "In spite of the prohibition of the strike by all the courts ... the Union of Air Traffic Controllers' Unions (USYCAA) has launched a wildcat strike," ASECNA said on Friday. National carrier Camair-Co said on Friday it had cancelled all its flights due to the strike.
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