Search Results for: ELA
ASIC warns against unauthorised firm
September 15th, 2014
ASIC has issued a warning to consumers to be wary of a fake website promoting foreign exchange broker, First Forex. First Forex and related entities Fifx and FiFX Global promote their services at www.fifx.com and falsely claim that their ...
Commodities Continue to Suffer Before Fed Decision
September 15th, 2014
Major commodity markets, many already trading near multi-year lows, could face more pressure should the US Federal Reserve suggest an interest rate rise this week. Precious metals may be the most susceptible, as gold prices in recent days have ...
China and India’s growing strategic weight
September 15th, 2014
The visit of Chinese President Xi Jinping to India this week, so early in the term of India’s new prime minister, Narendra Modi, underlines the growing strategic weight of the relationship between the two countries. Modi’s prime ministership, with ...
HSBC settles a $550 Million lawsuit
September 15th, 2014
HSBC has agreed to pay $550 million for a lawsuit filed in 2011 by the Federal Housing Finance Agency, the federal regulator that oversees the government’s two mortgage finance companies, over troubled mortgage-backed securities sold in the lead-up to ...
PwC’s revenues increase amid UK economic recovery
September 15th, 2014
PwC recorded a rise on revenues by five per cent to £2.81bn in the last year, since the professional services firm saw an increase in client confidence across the UK as a further sign of strengthening economic recovery. A ...
Oscar Pistorius guilty of ‘culpable homicide’
September 12th, 2014
South African judge on Friday convicted athlete Oscar Pistorius of “culpable homicide” in the death of his girlfriend, Reeva Steenkamp. A conviction of culpable homicide, the term for manslaughter in South Africa, carries a maximum 15-year prison sentence. Pistorius ...
US lawmakers cautious about cash method of accounting
September 12th, 2014
Switching to accrual accounting would be severely damaging to businesses, US lawmakers have warned in a letter calling for the preservation of the cash method of accounting. The letter, signed by a bipartisan majority of the US House of ...
Deloitte investing £30m in Belfast
September 12th, 2014
Deloitte has announced that it will be investing more than £30m in the next five years, creating another 338 jobs across a range of services. Phase 2 was launched yesterday by First Minister Peter Robinson. It will deliver 338 ...
Eni chief executive under investigation over $1bn Nigerian oil deal
September 12th, 2014
Claudio Descalzi, chief executive of Eni, is under investigation in an international bribery case stemming from the $1.1bn acquisition of a Nigerian oilfield in 2011, the Italian state-controlled company said. The announcement by Eni, which denies any “illegal conduct” ...
IMF warns of market fallout from a Scottish split
September 12th, 2014
The International Monetary Fund has waded into the debate over Scottish independence, saying that a Yes vote in next week’s referendum could lead to market turbulence. “The main immediate effect is likely to be uncertainty over the transition to ...
