Archives
Hewlett-Packard said plans to break into two
October 6th, 2014
Hewlett-Packard, a pioneer in business computers, plans to break into two parts as it separates its personal-computer and printer businesses from its technology services. CEO Meg Whitman, who has led a multiyear restructuring, would serve as chairman of the ...
Asian markets rebound on positive US jobs data
October 6th, 2014
Asian markets rebounded from a string of declines on Monday after stronger-than-expected US payroll data. US Labor Department figures showed 248,000 jobs were created in September and the unemployment rate dropped to a six-year low of 5.9%. Japan’s Nikkei ...
Microsoft sues Samsung over unpaid interest
October 6th, 2014
Microsoft is suing Samsung for $6.9m (£4.33m) in unpaid interest, an unsealed lawsuit has revealed. In August Microsoft announced it was suing the South Korean firm in a dispute over unpaid interest on Android patent royalties. The lawsuit, now ...
Canadian company lays out defense case for its jailed CEO
October 6th, 2014
Defense lawyers for a Canadian executive sentenced to 15 years prison in Cuba on bribery and other charges released a raft of documents on Sunday seeking to bolster their case that Cy Tokmakjian was denied a fair trial. The ...
Dukascopy: Reduction of maximum leverage on EUR/CHF exposures
October 6th, 2014
Dukascopy Europe has announced the implementation of a maximum leverage for EUR/CHF exposures of 1:10 as of 12 October 2014, due to the possibility of a break of the 1.2000 floor in EUR/CHF which may see significant price gaps ...
Tel Aviv bourse expands derivatives trading in January
October 6th, 2014
The Tel Aviv Stock Exchange (TASE) will launch trading of options and futures on the Tel Aviv 100 benchmark index in January, the bourse said on Sunday, as it seeks to attract new investors and boost liquidity. A senior ...
When the carnival is over: Australia’s surprising G20 legacy
October 6th, 2014
The genesis of the G20 is a tale of two crises. The first — the Asian financial crisis — led to the creation of the G20 as a meeting of finance ministers and central bank governors from 19 of ...
London ranks most popular destination for workers
October 6th, 2014
London becomes the most popular city in the world to work in, according to an international survey of more than 200,000 people, with nearly one in six of those questioned wanting to move to the British capital to secure ...
Overview: Greek Budget, Europe’s Nominees and I.M.F. and World Bank Meetings
October 6th, 2014
Greece will unveil its 2015 draft budget, hearings for vice-presidential nominees for the European Commission will be held, and the World Bank and I.M.F. open annual meetings in Washington. Greece is set to unveil its draft budget for 2015 ...
CySec: Risks Associated with Investing in Contingent Convertible Instruments
October 3rd, 2014
The Cyprus Securities and Exchange Commission (CySEC) has published an announcement regarding the supervised entities, the stakeholders and the investing public to the statement published by the European Securities Markets Authority (ESMA) titled Potential Risks Associated with Investing in Contingent ...