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Russia is ordered to pay $50 billion in Yukos case

July 28th, 2014 (0)
The Permanent Court of Arbitration in The Hague will announce that Russia has to pay $50 billion to ex-shareholders for the defunct oil company Yukos, according to the Russian business daily Kommersant as cited on its website, referring to ...

E.C.B. Says It Has Been Hacked in Apparent Blackmail Attempt

July 24th, 2014 (0)
The European Central Bank said on Thursday that hackers had broken into an internal database and stolen information about journalists and others, in what appeared to be part of a blackmail scheme. The central bank said that the information ...

StubHub Defrauded Of $1.6M Worth Of Tickets; 7 People Arrested Worldwide

July 24th, 2014 (0)
Seven people linked to an international cybercrime ring were arrested for defrauding online-ticketing company StubHub of about $1.6 million. The operation, which involved police forces from several countries, was tracking the cyber thieves for hacking into the online accounts ...

Yahoo buys app analytics firm Flurry

July 22nd, 2014 (0)
Yahoo has acquired an app analytics firm, Flurry, to help boost its advertising revenue from smartphones. Flurry helps app developers analyse data about their users and deliver more personalised ads to them. Some of Yahoo’s rivals have also bought ...

Russian Billionaires in ‘Horror’ as Putin Risks Isolation

July 21st, 2014 (0)
Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the ...

The Commission de Surveillance du Secteur Financier (CSSF) warns the public

July 21st, 2014 (0)
Today, the Commission de Surveillance du Secteur Financier (CSSF) issued a warning of the activities of the entities named Royal de Bank (website:www.royaldebank.com) and Futurmarket (website:www.futurmarket.com) which claim to be established at 29, rue des Bains, L-1212 Luxembourg. The CSSF informs the ...

Europe Stocks Fall With Russia, Commodites; Rupiah Gains

July 21st, 2014 (0)
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...

Accountants To See IRS In Court Over Tax Preparer Program

July 18th, 2014 (0)
The American Institute of Certified Public Accountants (AICPA) has filed a federal lawsuit calling for the voluntary tax return preparer regulatory program planned by the United States Internal Revenue Service (IRS) to be declared unlawful. AICPA President and CEO ...

UK banks face break-up threat as watchdog plans competition probe

July 18th, 2014 (0)
Britain’s big banks could be broken up after the country’s new competition watchdog said it plans to launch an 18-month investigation into services for small business customers and personal current accounts. The Competition and Markets Authority (CMA) said on ...

Google earnings miss; revenue jumps at Play

July 18th, 2014 (0)
Google, still the king of online advertising, reported surging second-quarter revenue, but heavy spending pushed its earnings below Wall Street expectations. ​”This is a quarter that has something for everyone: the bulls and the bears,” BGC Partners analyst Colin ...
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