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HSBC to pay $1.575 billion, ending Household International class action

June 17th, 2016 (0)
A unit of HSBC Holdings Plc (HSBA.L) said on Thursday it will pay $1.575 billion to end a 14-year-old shareholder class action lawsuit stemming from the Household International consumer finance business that the British bank bought in 2003. HSBC ...

Iran’s Oil Comeback May Already Be Over

June 16th, 2016 (0)
Crude output may peak in 2016 at 3.6-3.8 million barrels a day Investors facing sanctions, political risk in entering country Iran easily beat expectations with its speed in boosting oil exports after the lifting of sanctions. Without an injection ...

Mobile payments: The new future of commerce

June 16th, 2016 (0)
We look at how the mobile commerce space is advancing and why this often overlooked part of the brand engagement process is important for marketers to focus back on Many sales and marketing campaigns would be pointless if they ...

Yen Surges as BOJ Maintains Policy; Asian Stocks Sink With Oil

June 16th, 2016 (0)
Fed scaled back rate-hike outlook, saying Brexit a concern Kiwi strengthens on GDP data as gold rallies with silver The yen soared and Japanese stocks tumbled after the nation’s central bank refrained from easing monetary policy. Shares elsewhere in ...

Brexit fears wipe £100bn off FTSE 100 in four days

June 15th, 2016 (0)
Sterling and shares have slid as the City reacts to polls showing the Leave on track to win next week’s referendum Brexit panic sends London shares sliding Britain’s stock market has hit a new three-month low as Brexit worries ...

KPMG has resigned as auditor of Fifa

June 15th, 2016 (0)
KPMG Switzerland has resigned as auditor of Fifa, the world football governing body which has become mired in a corruption scandal following claims that millions of pounds have been paid to its top executives as part of corrupt deals ...

Asian Stocks Advance Before Fed as Pound Halts Slide; Oil Sinks

June 15th, 2016 (0)
Yuan hovers near five-year low after MSCI’s China ruling Japanese bond yields drop to new records as copper gains Asian shares rose, rebounding from the steepest selloff in global stocks since January, as currency markets stabilized ahead of the ...

Pound wobbly, yen edges higher on mounting Brexit worries

June 14th, 2016 (0)
The British pound remained fragile near a two-month low against the dollar on Tuesday and the yen hovered near six-week highs against the U.S. currency on worries Britain may leave the European Union in a referendum less than 10 ...

George Soros Is Preparing For Economic Collapse – Does He Know Something That You Don’t?

June 13th, 2016 (0)
Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”? If things stay relatively stable like they are right now, these moves will likely cost George Soros a tremendous amount of money. But ...

6 Investments Traders Say Will Rally: Bitcoin, SolarCity, Swiss Francs and More

June 13th, 2016 (0)
Here’s what traders have been saying about six important investments, including bitcoin, SolarCity (SCTY) stock and the Swiss currency. Bitcoin and Manchester United (MANU)  are going to soar, at least according to what traders have been saying at Tradebird, a social trading ...
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