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CFTC announced a fine of $940,000 to a commodity futures trader for fraud

June 7th, 2016 (0)
The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge William J. Zloch of the U.S. District Court for the Southern District of Florida (Fort Lauderdale) entered an Order of Default Final Judgment (Order) against Defendant Rico Omar ...

SEC: Forex Trader Misrepresented Track Record and Hid Massive Losses

June 3rd, 2016 (0)
The Securities and Exchange Commission charged a New York City-based Forex trader with defrauding investors out of millions of dollars by misrepresenting her investment track record, the profitability of her investments, and her use of investor funds. The SEC alleges ...

European stocks seen higher, focus switches to US jobs

June 3rd, 2016 (0)
European stocks opened higher on Friday as investors turned their attention to a key U.S. jobs report that could hold the key to a Federal Reserve interest rate hike this month. The FTSE opened 0.5 percent higher, the German ...

The Top Companies in the Arab World 2016

June 2nd, 2016 (0)
Last year was not an easy one for Arab companies. Political instability and plunging oil prices affected financial performance. Total market value for the 100 Top Companies in the Arab World dropped 15.5% to $689 billion between April 1, ...

Facebook May Be Listening In On Your Phone Conversations

June 2nd, 2016 (0)
*Calmly picks up cell phone. Walks over to window. Opens up window. Whispers into phone, “Go f*ck yourself, Zuckerberg.” Chucks phone out of window.* At one point, the concept of living in a “big brother”-esque society was something that only ...

European economy: 19,000 jobs created, 4000 new startups and €480 million raised by Europe’s largest innovation network

June 2nd, 2016 (0)
The European BIC Network publicly launches today (2 June) its ‘EU|BIC Impact Report 2016’ confirming another year of positive support for Europe’s businesses. This report compiled from quantitative and qualitative data demonstrates the added value EU|BICs create in the ...

Bitcoin Exchange Bitstamp Enables EUR/USD Trading

June 2nd, 2016 (0)
In an announcement yesterday, Bitstamp has announced that clients can now trade Euros for Dollars, marking the bitcoin exchange’s entry into the biggest traditional currency trading pair in the foreign exchange market. Bitcoin exchange Bitstamp has entered the largest and the ...

France seeks €356m in unpaid tax from Booking.com

June 2nd, 2016 (0)
French authorities are seeking €356m (£276m) in unpaid taxes from Booking.com, according to documents filed by parent company Priceline. Documents filed with US regulator said French authorities recently completed an audit of Booking.com’s accounts from 2003 to 2012. The ...

Japanese Stocks Drop as Yen Advances; Oil Near $49 Before OPEC

June 2nd, 2016 (0)
Euro climbs to one-week high before ECB policy review Haven assets including gold and U.S. Treasuries rise Japanese stocks fell by the most in a month and the yen strengthened after Prime Minister Shinzo Abe held back a widely ...

Asia Stocks Fall With Oil, Copper as Yuan Weakens; Aussie Jumps

June 1st, 2016 (0)
Crude oil sinks below $49 before OPEC meets Thursday Korean bonds rally as export slump weighs on the won Asian stocks retreated with commodities and the yuan weakened as Chinese manufacturing data pointed to lackluster growth in the world’s ...
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