Search Results for: ELA
CySec: imposition of administrative fines to Cyprus Popular Bank Co Ltd and Bank of Cyprus
June 6th, 2014
CySec announcement dated 05 June 2014 The Cyprus Securities and Exchange Commission (CySec) informs the investors that, at its meeting held on 28 April 2014 , has completed its investigation regarding the investment in Greek Government Bonds from Cyprus ...
Sprint and T-Mobile near a deal
June 5th, 2014
Sprint Corp. (S) is nearing an agreement on the price, capital structure and termination fee of an acquisition for T-Mobile US Inc. (TMUS) that could value the wireless carrier at almost $40 a share, people with knowledge of the ...
Little Change for U.S. Stock-Index Futures Before ECB
June 5th, 2014
U.S. stock-index futures remained relatively unchanged, after equities climbed to a record, while investors awaited the European Central Bank’s decision on stimulus today and the monthly jobs report tomorrow. Sprint Corp. advanced 4.2 percent in German trading after people ...
China against Windows 8 Amid U.S. Spat
June 5th, 2014
China’s government took another step against Microsoft Corp. (MSFT) by telling officials in one province not to use Windows 8 software, marking an escalation in the dispute with the U.S. over spying and hacking allegations. Jiangsu province, south of ...
Irish Tax Reform needs further improvements
June 5th, 2014
The European Commission has described Ireland’s system of labor taxation as fragmented and complex, has criticized its range of value-added tax (VAT) rates, and called for improvements to environmental taxes. The comments are made in the Commission’s latest package ...
SEC Charges Bitcoin Entrepreneur With Offering Unregistered Securities
June 4th, 2014
The U.S. Securities and Exchange Commission has charged the co-owner of two Bitcoin-related websites for publicly offering shares in the two ventures without registering them. An SEC investigation found that Erik T. Voorhees published prospectuses on the Internet and ...
The Perils of Silos in Risk Management
June 4th, 2014
Silos, or autonomous units, can exist in most organizations. It’s no surprise that risk management can be divided into “siloed” functions, and it’s commonly done. Among their advantages: Silos can enable risk management specialization by business unit. For example, ...
Illegal Bitcoin IPO Actually Worked Out Pretty Well for Investors
June 4th, 2014
Today the Securities and Exchange Commission shut down a bitcoin investing scam that, as bitcoin investing scams go, is disappointingly un-scammy. A very bitcoiny guy named Erik Voorhees1 started some very bitcoiny companies called SatoshiDICE and FeedZeBirds,2 and he ...
Gunfire in Karachi, Stocks Drop on Report of Politician’s Arrest
June 4th, 2014
Shops closed and public buses stopped operating in Pakistan’s biggest city a day after U.K. police questioned Karachi’s most powerful political figure as part of a money-laundering investigation. About 400 people blocked one of Karachi’s main streets to protest ...
European Commission urges UK to tax expensive homes more
June 4th, 2014
The European Commission has called on the UK to raise taxes on higher value properties, build more houses and adjust the Help to Buy scheme. In a review of UK economic policies, it said council tax bands should be ...
