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Deloitte eyes global accountancy blockchains

November 13th, 2015 (0)
Good karma was the consensus among those watching and in attendance at Ethereum’s DevCon1 conference when big four accountancy firm Deloitte took to the stage in the guise of the technology-focused Rubix Project. Matthew Spoke, strategy and execution lead ...

VW scandal: Which other car manufacturers will be under investigations

November 12th, 2015 (0)
VW diesel emissions investigation widened to include other brands German regulators to run tests on possible ‘unusual pollutants emissions’ on other models including BMW, Mercedes and Ford German car regulators are expanding their investigation into suspected diesel emissions manipulation ...

Oil Majors Don’t Share OPEC’s Optimism On Oil Prices In 2016

November 12th, 2015 (0)
OPEC’s meeting in Vienna is less than a month away, and oil producers – countries and companies alike – have been raising their concerns at an energy conference in the United Arab Emirates over the cartel’s strategy to keep ...

Oil prices drop on rising stockpiles, Japan recession fears

November 11th, 2015 (0)
Crude oil prices fell on Wednesday after industry data showed an increase in U.S. stockpiles, while fears that Japan’s economy may have fallen into recession added to demand woes. Benchmark U.S. crude futures slipped to a two-week low at ...

The Middle East Could Face A Historic Crisis By Century’s End

November 10th, 2015 (0)
Regarding the Middle East and its oil, the late Sheikh Rashid Bin Saed Al Maktoum, longtime Emir of Dubai and Prime Minister of the United Arab Emirates, once famously remarked: “My grandfather rode a camel, my father rode a camel, ...

OPEC’s Strategy Seen Potentially Backfiring

November 10th, 2015 (0)
Decision against controlling oil output could add to sustained period of low oil prices and dent revenues, IEA says OPEC’s unwillingness to limit its oil output could help usher in a sustained period of low prices and more pain ...

Dubai private sector growth hits five-year low amid ‘travel and tourism contraction’

November 9th, 2015 (0)
Dubai’s private sector recorded its slowest growth in more than five years last month. Expansion of business activity was at a 68-month low with a slowdown in the travel and tourism sector particularly prominent, according to the Emirates NBD ...

CFTC Releases Annual Enforcement Results for Fiscal Year 2015

November 9th, 2015 (0)
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...

Greece, Creditors Said to Need a Few More Days to Reach Aid Pact

November 9th, 2015 (0)
Update: Greece and its European Union creditors need a few more days to reach an agreement that would release an aid payment of 2 billion euros ($2.2 billion), according to an EU official with knowledge of the talks. The ...

IMF’s Lagarde Discusses Economic Challenges with GCC Countries

November 9th, 2015 (0)
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a meeting in Qatar with the finance ministers and central bank governors of the Gulf Cooperation Council (GCC)1 : “I ...
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