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Amazon hit with lawsuit over eclipse glasses
August 31st, 2017
Amazon.com (AMZN.O) has been hit with a proposed class action lawsuit by a couple who claims defective eclipse glasses purchased through the online retailer damaged their eyes. In the lawsuit, filed in federal court in South Carolina on Tuesday ...
Oil markets to be disrupted for at least three months in wake of Harvey
August 31st, 2017
The economic impact of Hurricane Harvey’s destruction has been limited on Eastern Canada so far, but the fallout from the storm is expected to affect oil markets for months. Harvey, a category-4 hurricane later downgraded to a tropical storm, ...
Next Stop, Recession: The Financial Meteor Storm Is Headed Our Way
August 29th, 2017
Many of those about to be vaporized did not grasp the fragility of the “prosperity” they assumed was both solid and permanent. Business-cycle recessions are not just inevitable, they are necessary to flush bad debt and marginal investments/projects ...
Value of all digital currencies hits record around $160 billion
August 29th, 2017
The total value of the digital-currency universe tracked by data research site Coinmarketcap.com, including those linked to the Bitcoin BTCUSD, +0.00% Ethereum and Ripple blockchain networks, reached around $160 billion on the session, surpassing a previous record at $156.4 ...
Deloitte records double-digit revenue growth
August 29th, 2017
Deloitte, the business advisory firm has issued today a press release to announce financial results for year ended 31 May 2017. According the press release announcement: Highlights Revenue up 11.2% to £3.4bn (2016: 13.6%)1 In the UK, double digit ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
The EU, USA and China account for almost half of world trade in goods
August 25th, 2017
In 2016, the EU-28, the United States and China recorded by far the world’s highest trade values. Together, these countries accounted for 46 % of global exports of goods and 45 % of global imports. China recorded the world’s ...
Companies Begin Paying Taiwan’s New ‘Netflix Tax’
August 24th, 2017
Taiwan has said that a total of 45 overseas providers of electronic services have filed value-added tax returns in respect of electronic supplies to the domestic market, under the territory’s new “Netflix tax.” On December 28, 2016, Taiwan’s President ...
Solicitors in UK warned to watched their tweets and email language
August 24th, 2017
The Solicitors Regulation Authority (SRA), a regulator body within the legal profession in UK, has issued today a press release to warn solicitors about offensive communications. According the release: Solicitors should take care to make sure that communication is ...
Playtech announces strong growth in H1
August 24th, 2017
Playtech (LSE: PTEC) today announces its results for the six months ended 30 June 2017, together with a trading update for the period to 22 August 2017. Financial summary Group financial highlights Total revenues ...
