Search Results for: FIS
ABB to propose KPMG as external auditor from 2018
May 22nd, 2017
ABB announced today that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. This decision was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices. The proposal is subject to shareholder approval at ABB’s 2018 Annual General Meeting. Ernst & ...
How natural gas could be a geopolitical game-changer in the Mideast
May 15th, 2017
It’s a discovery that could easily shake up the geopolitical order in the Middle East. Deep under the eastern Mediterranean lies the largest natural gas basin ever found on Europe’s doorstep. But the gas fields often coincide with disputed ...
EU raises eurozone growth forecasts
May 12th, 2017
Economic growth in the eurozone this year should be a bit better than previously forecast according to the latest outlook unveiled by EU Economic and Financial Affairs Commissioner Pierre Moscovici. Gross domestic product for the 19-country bloc is expected ...
CBOE Holdings Reports First-Quarter 2017 Results
May 10th, 2017
First-Quarter 2017 Highlights GAAP Revenue Less Cost of Revenue of $193.4 Million, up 35 Percent, Reflects the Bats Acquisition Organic Net Revenue of $154.2 Million, up 8 Percent, Driven by Increased Trading in VIX Futures and SPX Options(1),(2) GAAP ...
As Israeli bill to ban binary options stalls, Canada prepares law of its own
May 8th, 2017
Binary options are not legal in Canada, but new legislation will make that fact explicit. Official vows endless battle, as some Israeli firms move operations overseas. Fed up with the large-scale theft, much of it emanating from Israel, known ...
Former U.S. politician is warning of a financial collapse by the end of 2017
May 8th, 2017
Former Reagan Administration Official Is Warning Of A Financial Collapse Some Time ‘Between August And November’ If a former Reagan administration official is correct, we are likely to see the next major financial collapse by the end of 2017. ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
Chinese equities headed for their longest losing streak this year amid
May 5th, 2017
Crude declines below $45 a barrel; iron ore extends slump Shanghai Composite Index set to give up this year’s gains Oil slid below $45 a barrel for the first time since November and Chinese equities headed for their longest ...
Greece is fighting for debt relief
May 4th, 2017
Relief map for Greek debt? Not without a fight or two Easing Greece’s fiscal path forward is likely to be the next great struggle in the country’s agonizing, seven-year, three-package bankruptcy saga now that a bailout pact has opened ...
Puerto Rico Has Filed for the Biggest-Ever U.S. Local Government Bankruptcy
May 4th, 2017
Puerto Rico announced a historic restructuring of its public debt on Wednesday, touching off what may be the biggest bankruptcy ever in the $3.8 trillion U.S. municipal bond market. While it was not immediately clear just how much of ...