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Big four banks in Australia change loan contracts to eliminate unfair terms
August 24th, 2017
Following a commitment to further review their small business loan contracts, the big four banks have now agreed to specific changes with ASIC to eliminate unfair terms from their contracts. ASIC and the Australian Small Business and Family Enterprise ...
Slow growth for law firms in 2017
August 21st, 2017
Law firms are set for bigger expenses and slower growth in 2017, according to Citibank’s quarterly report. Figures for law firms will feature margin compression, low-single-digit growth in revenue and profits and continued dispersion and volatility in performance by ...
DGCX and Ayedh Dejem Group to launch the Middle East’s first-ever Sharia compliant Spot Gold contract
August 21st, 2017
The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Sharia compliant Spot Gold contract to be traded on an ...
Oil steady following a 3 percent jump in prices on Friday
August 21st, 2017
Oil steady as market conditions tighten despite rising U.S. output Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed on hopes the market will tighten after a 13 percent ...
In-store UK mobile payments jump 336% but still rare, report finds
August 17th, 2017
The widespread acceptance of mobile payments in physical retail stores in the UK has led to significant growth in the number of transactions, a new report has found. In the first six months of this year, the value of ...
Patents shoot up for new legal services technology
August 17th, 2017
Law firms and legal services technology companies are behind the growth of patents in the legal marketplace with the US leading the way. According to Thomson Reuters, 579 patents relating to new legal services technology were filed worldwide in ...
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization
August 16th, 2017
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization, on the S&P 500. Bitcoin hit a record high of $4,483.55 on Tuesday. Bitcoin’s market capitalization reached as high as $73.5 billion, within touching distance ...
Dumb – And Dumber — Money Keeps Pouring In
August 11th, 2017
Someday, stock, bond and real estate valuations will matter again. And the mechanism by which this return to sanity is achieved will probably be the torrent of money now flowing in from people who, for various reasons, don’t care ...
Bitcoin sets fresh record above $3,500; ether trades higher
August 9th, 2017
Bitcoin traded higher on Tuesday, carving out a fresh record above $3,500 and reaching a market value approaching $60 billion at its best levels. A single bitcoin BTCUSD, -1.78% most recently was trading at $3,477.93, up 0.5%, touching an ...
London Stock Exhange published 6 months interim results
August 7th, 2017
London Stock Exchange Group has issued an announcement to publish results for the 6 months ended 30 June 2017. According the announcement: Strong financial performance with income growth across all business areas and 23% AEPS growth Successful strategy based ...
