Search Results for: legal
Second international law firm enters the Law market of Iran
April 25th, 2016
Colibri Law Firm has become one of the first international law firms to establish a dedicated office in Tehran after partnering with one of Iran’s leading local law firms, Gheidi & Associates. As Colibri partner Otabek Suleimanov explains, “We ...
Orange to acquire a 65% stake in Groupama Banque, which will become Orange Bank
April 25th, 2016
Orange and Groupama have signed an agreement that aims to enable the development of an innovative, 100% mobile banking service. This agreement concludes the exclusive discussions that have been ongoing between the two Groups since January and paves the ...
KCG announces First Quarter 2016 Results
April 22nd, 2016
KCG ANNOUNCES CONSOLIDATED EARNINGS OF $0.41 PER DILUTED SHARE FOR THE FIRST QUARTER OF 2016 KCG reports consolidated revenues of $345.4 million and pre-tax earnings of $60.0 million for the quarter KCG increases book value to $16.42 per share ...
How bitcoin’s sister technology could change the future of healthcare
April 22nd, 2016
The larger world didn’t start paying much attention to bitcoin until 2013. That was the year mainstream companies like Microsoft, Expedia and Dell, among others, began to accept the alternative, electronic payment method. That was also the year the ...
Russia wins Hague court appeal over $50bn Yukos judgement
April 21st, 2016
A Dutch appeal court has overturned an arbitration court decision which required Russia to pay shareholders in the former Yukos oil company $50 billion, the Interfax news agency reports. “We have won our appeal of the arbitration court decision ...
Russian Official Calls for Criminal Liability for Bitcoin
April 21st, 2016
Russia’s Investigative Committee Chairman Alexander Bastrykin has, once again, opined that virtual and cryptocurrencies like Bitcoin are money substitutes or surrogates that need to be outlawed. He also claimed that virtual currencies are “often used” for the financing of ...
New Treasury report claims lawyers will be worse off as result of Brexit
April 21st, 2016
A new report issued by the Treasury has claimed lawyers and other professional services will be worse off if Britain leaves the European Union (EU) because of a reduction in access to the single market. The 200-page document, titled ...
Now this car maker has admitted faking emissions test results
April 20th, 2016
Japanese car manufacturer Mitsubishi has admitted its employees falsified fuel economy tests data. The company confirmed that fuel efficiency tests broke Japanese rules in at least 600,000 of its vehicles, of which 157,000 part of its own-brand light vehicles and 468,000 ...
A new firm obtained the CIF license from CySec
April 20th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Itrade Global Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
South African Startup Raises Funding to Fight Digital Media Piracy With Bitcoin
April 19th, 2016
According to the latest Theatrical Market Statistics report released by the Motion Picture Association of America (MPAA), global box office revenues reached $38.3 billion in 2015, up 5 percent from 2014. But Chris Dodd, chief of the MPAA, said that if ...