Search Results for: UBS AG
PayPal Reports Strong Third Quarter Results
October 29th, 2015
Revenue of $2.3 billion and growth of 15%, foreign currency neutral revenue growth of 19% on a non-GAAP pro forma basis GAAP operating margin up 80 basis points to 15% and non-GAAP operating margin up 200 basis points on a pro ...
The Bitcoin Startup Boom Comes Back Down to Earth
October 27th, 2015
Growth in venture capital flowing to bitcoin startups slowed substantially last quarter, and startups are feeling the pinch. Jeff Garzik has spent the past several months pitching investors on a pretty out-there startup idea. He proposed building computer servers ...
Temenos Q3 2015 results reflect outstanding quarter
October 23rd, 2015
Temenos Group AG (SIX: TEMN), the market leading provider of mission-critical software to financial institutions globally, today reports its third quarter 2015 results. The definition of non-IFRS adjustments is below with a full reconciliation of IFRS to non-IFRS results ...
Brussels orders EU countries to claw back ‘illegal’ tax rulings
October 22nd, 2015
Europe’s competition chief ordered the Netherlands to recover €20-30 million in back taxes from Starbucks on Wednesday (21 October) and told Luxembourg to claim the same amount from Fiat Chrysler Automobiles. The move is a heavy blow to profit-shielding ...
Saudi Arabia warned financial assets may be drained within five years
October 22nd, 2015
The IMF has warned that regional economies could burn through their financial buffers within five years as they face a $700 billion deficit. The fund lowered its projection for Gulf growth to 3.3 per cent this year, down from ...
20 Reasons Why All The People That Quit Prepping After September Are Dead Wrong
October 21st, 2015
Millions of Americans were gearing up for some huge event to happen in September, but the world didn’t end and now many of them have given up entirely on prepping. Of course the truth is that some absolutely earth-shattering ...
OPEC Is About to Crush the U.S. Oil Boom
October 21st, 2015
U.S. oil output almost back down to level of last OPEC meeting Saudi-led strategy is paying off, says Societe Generale After a year suffering the economic consequences of the oil price slump, OPEC is finally on the cusp of ...
P2P lending platform expands into mainland Europe with the acquisition of Zencap
October 21st, 2015
Funding Circle launches across Europe with deal for Rocket Internet-backed Zencap Leading global marketplace for business loans expands into Germany, Spain and the Netherlands Funding Circle, the world’s leading online marketplace for business loans, today announced it has joined ...
Alibaba Group Expands European Presence
October 21st, 2015
Alibaba appoints managing directors to run its regional hub in the U.K. and new country office in Italy Alibaba Group (NYSE: BABA) today announced details of the expansion of its presence in the European market, an important step in ...
London Wants to Become the Center of Chinese Currency Trading
October 20th, 2015
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had “seriously damaged” relations by meeting with the Dalai Lama, the ...