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Shell faces corruption probe over $1bn oil deal in Nigeria

March 31st, 2016 (0)
Italian officials to investigate company’s role in acquisition of disputed oil block jointly owned with energy group Eni Italian anti-corruption investigators have opened a formal investigation into Shell’s acquisition of a stake in a $1.09bn (£755m) oil block in Nigeria. ...

Financial Policy Committee statement from its policy meeting, 23 March 2016

March 29th, 2016 (0)
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system.  In doing so, its aim is to ...

UK Legislates For 2016 Budget Tax Changes

March 29th, 2016 (0)
The UK Government has introduced legislation to implement a range of tax measures announced in the Budget, including changes to income tax thresholds and a corporation tax cut. Finance Bill 2016 was introduced in Parliament on March 24. It ...

IBM blockchain leader Jerry Cuomo using ‘shadowchains’ to launch moonshots

March 28th, 2016 (0)
IBM has been building momentum behind blockchain by championing the Linux Foundation’s Hyperleder Project and creating its own Open Blockchain (OBC) among other things. IBM’s vice president of blockchain Jerry Cuomo, who recently gave testimony before US Congress about ...

CME Group and Thomson Reuters to Enhance LBMA Silver Price Benchmark

March 23rd, 2016 (0)
CME Group, the world’s leading and most diverse derivatives marketplace, in its capacity as joint administrator and calculation agent for the LBMA Silver Price, and Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today ...

Santander Becomes First Uk Bank To Launch Voice Banking Technology

March 22nd, 2016 (0)
PHASE ONE WILL ENABLE CUSTOMERS TO TALK TO THEIR SANTANDER SMARTBANK APP AND ASK ABOUT THEIR CARD SPENDING Secure, simple to use, helps people easily keep track of their cash Eliminates the need to manually search through statements to ...

Deloitte forecasts double digit growth

March 22nd, 2016 (0)
Deloitte’s new chief executive Cindy Hook is forecasting double digit revenue growth for the 12 months to May 31, as she repositions the professional services giant to be more globally oriented to capture emerging markets, and meet the demands of domestic clients expanding offshore. Reflecting on her ...

Deloitte Predicts Rise in Blockchain-Based Payments

March 22nd, 2016 (0)
Deloitte’s Center for Financial Services has released a report forecasting transformation of the banking industry over the coming decade due to disruptive technology. The Banking Industry Outlookreport estimates that blockchain-based payment systems could equal the volume of the United States’ Automated Clearing ...

Apple Unveils Smaller-Screened iPhone SE to Jump-Start Sales

March 22nd, 2016 (0)
Cook on FBI fight: `We will not shrink from responsibility’ Newest phone, aimed at emerging markets, will arrive March 31 Apple Inc. unveiled a new, smaller iPhone that will start at $399, seeking to jump-start sales of its flagship product ...

IHS and Markit to merge, creating a global leader in critical information, analytics and solutions

March 22nd, 2016 (0)
IHS (NYSE: IHS) and Markit (NASDAQ: MRKT) today announced the signing of a definitive agreement under which the companies will combine in an all-share merger of equals to create a global leader in critical information, analytics and solutions. Based ...
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