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Powell departs Arc Capital

Chris Powell has departed Arc Capital and Income (ACI), the UK structured products distributor, where he was managing director. Powell has left the company with immediate effect to pursue other avenues in financial services, says ACI. His replacement has…

EGL opens UK office

EGL (Elektrizitäts-Gesellschaft Laufenburg), an asset-backed Swiss energy trading firm that forms part of supply company Axpo Group, is to open a London office under the name EGL UK.

Ontario debates cap-and-trade scheme

Cap-and-trade legislation introduced this week by the Government of Ontario, Canada proposed a 6% cut in greenhouse gas (GHG) emissions from 1990 levels by 2014.

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