Search Results for: EY
Amazon snaps up live video startup Twitch for $970 million
August 26th, 2014
Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos’ resolve to transform Amazon into an Internet destination beyond its core retail operations. The move, announced by the ...
Gold – $1275 Level Stays True to Form
August 26th, 2014
Gold for Tuesday, August 26, 2014 Over the last week now Gold has been falling lower back towards the medium term support level at $1290 however to finish out last week it fell sharply down to the previous key ...
Hedge Funds Sue to Get Argentine Bond Payment in London
August 26th, 2014
A group of hedge funds, including George Soros’s Quantum Partners and J. Kyle Bass’s Hayman Capital, is seeking a 226 million euro interest payment on Argentine bonds from Bank of New York Mellon that was blocked by a United ...
OSB Daily Technical Analysis
August 26th, 2014
OSB Daily Technical Analysis for August 26, 2014 EUR/USD A gap lower for the EUR/USD following the announcement of ECB intentions to stimulate the economy. Support is at the 52 week low close at 1.3105. A close below this ...
Euro falls, stocks rise on ECB stimulus bet
August 25th, 2014
The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi ...
IMF urges St Vincent and Grenadines to Improve Tax Compliance
August 25th, 2014
The International Monetary Fund (IMF) has called on the authorities in St Vincent and the Grenadines to take steps to improve tax compliance. Tax compliance in the Caribbean territory has declined by about 20 percentage points since 2008 to ...
Europe Fears Banks Lack Cash Cushion to Cover Bad Loans
August 25th, 2014
As Europe slogs through its latest round of bank stress tests, a growing number of analysts have already reached their own conclusion: Eurozone banks need additional cash. The E.C.B. will publish the results of its half-year investigation into Europe’s ...
BofA Tax Set-Aside and Wylys Penalty
August 25th, 2014
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt — a step taken by the Justice Department to give homeowners relief that ...
UK court rulings show move away from European to common law
August 25th, 2014
Supreme court deputy president questions whether return to constitutionalism is response to rise in anti-European sentiment. Leading judges are putting “renewed emphasis” on British constitutional principles after years of concentrating on European legislation as a source of rights and ...
French economy minister urges alternative to German austerity
August 25th, 2014
The time has come for France to resist Germany’s “obsession” with austerity and promote alternative policies across the euro zone that support household consumption, firebrand French Economy Minister Arnaud Montebourg said on Sunday. Deficit-reduction measures carried out since the ...
