Search Results for: Total
U.S. firm to launch sale of digital token for forex trading
May 18th, 2017
Fintech Investment Group, a U.S.-based commodity trading adviser, plans to launch an initial coin offering in June for its own token that allows investors to trade currencies on a digital platform, company founder Alan Friedland said. The new digital ...
Facebook face EU regulators fines; why?
May 18th, 2017
Facebook suffered a setback on Tuesday over how it uses the reams of information it collects about users worldwide, after two European privacy watchdogs said that the social network’s practices broke their countries’ data protection rules. The announcement by ...
Ikea creating 1,300 jobs with plans to open three new stores in Britain
May 17th, 2017
Ikea is to create 1,300 new British jobs by the end of 2018 as it opens three new outlets in Sheffield, Exeter and London. The Swedish flat pack furniture giant said the retail roles will see the total number ...
AFM warns against the business practices of Florijn Duurzaam Wonen
May 17th, 2017
The Dutch Authority for the Financial Markets (AFM) is issuing a warning to consumers regarding the business practices of Florijn Duurzaam Wonen B.V. Florijn Duurzaam Wonen offers bonds in the Netherlands. Based on information on its website, the AFM ...
Oil drops on rising U.S. crude inventories, defies expected supply cut extension
May 17th, 2017
Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia to extend output cuts. Brent crude was down 41 cents, ...
Goldman Sachs Sees Big Potential for Fintech in Brazil
May 16th, 2017
Brazil is experiencing a wave of growth in financial technology that will most likely eat into the market share of the country’s huge and long untouchable banks, a new report from Goldman Sachs says. Entitled “Fintech Brazil’s Moment,” the ...
Cotton rally frays. But soybean prices hold firm
May 16th, 2017
The previous time, before Monday that is, that spot cotton futures set a record high for trading volumes augured poorly for prices. That was in November 2010, when volumes hit 101,516 contracts (which stood as the highest until the ...
CLS FX trading activity of April down 5 percent than in March 2017
May 16th, 2017
CLS FX trading activity1 – April 2017 In April 2017: The average daily traded volume submitted to CLS was USD1.52 trillion down 5.0 percent from USD1.60 trillion in March 2017. April 2016 March 2017 April 2017 Average daily traded volume submitted ...
Global Brokerage, Inc. announces First Quarter 2017 results
May 16th, 2017
First Quarter 2017 Highlights: U.S. GAAP net revenues from continuing operations of $45.9 million U.S. GAAP net loss attributable to Global Brokerage, Inc. from continuing operations of $24.5 million or $3.99 per diluted share. U.S. GAAP net loss from ...
Oil Jumps as Saudis, Russia Favor Extending Output Deal to 2018
May 16th, 2017
Ministers agree pact should extend through the end of March OPEC deal is working and inventories decreasing: Al-Falih Oil rallied after Saudi Arabia and Russia stoked expectations that production cuts might be extended for nine months. Futures closed at ...
