Archives
Top Scottish firm shifts cash to English banks ahead of referendum
September 11th, 2014
A leading Scottish firm with offices north and south of the border has shifted its cash out of Scottish banks for fear that a vote in favour of independence could lead to a run on them. With just over ...
Twitter to raise $1.3 billion through debt offerings
September 11th, 2014
Twitter Inc (TWTR.N) said it plans to raise $1.3 billion by issuing convertible senior notes, its first debt offering since its market debut in November. Twitter shares fell about 1.5 percent in extended trading on Wednesday. The company plans ...
BP May Owe Anglers $585 Million After Oil Spill
September 11th, 2014
People who fish recreationally in the Gulf of Mexico may be entitled to up $585 million in compensation due to lost fishing opportunities following the 2010 Deepwater Horizon oil spill. In the case of the BP spill, the money ...
Investors are sizing up the value of Alibaba IPO
September 11th, 2014
he New York debut of Alibaba shares later this month will likely place the company among the 10 most valuable technology firms traded in the U.S. Whether China’s No. 1 e-commerce firm lands in the top five will depend ...
UK’S FIRST BITCOIN FESTIVAL BLOCKSTOCK STARTS ON FRIDAY 12TH SEPTEMBER
September 10th, 2014
BlockStock, the UK’s first Bitcoin festival, starts on Friday 12th September, in Shoreditch, to raise awareness of bitcoin as a digital currency. The ten-day festival is a celebration of Bitcoin as well as a series of events, activities, special ...
China Hits Record Oversees Investments in 2013
September 10th, 2014
China was the world’s third largest investor in 2013 for the second year running, according to state news agency Xinhua. Outbound direct investment (ODI) from China reached a record high of $108bn (£66.98bn) last year, a 22.8% rise on ...
10 ‘poorest’ companies make investors rich
September 10th, 2014
Investors love to think companies with piles of cash must surely make them rich, too. But this year, it’s the companies with the least moolah that are making the most cash for investors. The 10 companies in the Standard ...
New EU Commissioner for Justice, Consumers and Gender Equality
September 10th, 2014
Jean-Claude JUNCKER, the President-elect of the European Commission has allocated Věra Jourová, a lawyer and politician from the Czech Republic, the Justice, Consumers and Gender Equality portfolio in the new European Commission. If approved by the European Parliament, she ...
CySec imposes administrative fine of €18.000
September 10th, 2014
The Cyprus Securities and Exchange Commission informs the investors that decided to impose the administrative fine of €18.000 in total against Cyprus Investment firm “Regency Asset Management (Cyprus) Ltd” for breaching the Prevention and Suppression of Money Laundering and ...
CySec imposes administrative fine of €10.000
September 10th, 2014
The Cyprus Securities and Exchange Commission informs the investors that decided to impose the administrative fine of €10.000 in total against Cyprus Investment firm “SIB (Cyprus) Ltd” for breaching the Prevention and Suppression of Money Laundering and Terrorist Financing ...