Search Results for: IoT
On Monday, It’s China Versus Greece
June 29th, 2015
Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided to put the draconian demands of its ...
Greek deal or not, the euro has changed forever
June 25th, 2015
By invoking a Greek euro exit as a possible outcome of failed bailout negotiations, European governments have effectively rewritten a key tenet of the shared currency — and maybe even for the better. Deal or no deal on staving ...
Greek crisis: Tsipras says ‘no deal’ with creditors
June 24th, 2015
International creditors on Wednesday rejected the Greek government’s plan to end its financial crisis, but they have submitted counterproposals. News of the rejection, announced by Greek Prime Minister Alexis Tsipras, dashed hopes of an imminent deal between the embattled ...
François Hollande calls emergency meeting after WikiLeaks claims US spied on three French presidents
June 24th, 2015
Documents appear to show that American agents spied on Jacques Chirac, Nicolas Sarkozy and Hollande, even listening to their phone calls The French president, François Hollande, has called an emergency meeting of his country’s defence council for Wednesday morning ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
CySec announces the suspension of the authorisation of CIF ‘CommexFX Ltd’
June 12th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘CommexFX Ltd’, number 153/11, is suspended, pursuant to section 26(2) of the Investment Services and Activities and ...
RBS Stake Sale by U.K. Government to Begin in Coming Months
June 11th, 2015
Chancellor of the Exchequer George Osborne said he’ll start returning Royal Bank of Scotland Group Plc to private ownership in the “coming months,” even though it may cause a loss for U.K. taxpayers. Shares will be sold to institutional ...
The best and worst IPOs of 2015
June 10th, 2015
A lot of familiar names have made their stock market debuts this year: Etsy (ETSY), GoDaddy(GDDY), Box (BOX). Unfortunately, the fame has been short-lived for most. The stock of online craft retailer Etsy soared 88% on its first day of trading in mid-April. It looked like ...
Asian stocks slightly higher after Wall Street drifts
June 10th, 2015
Asian stock markets crept higher Wednesday after Wall Street steadied and index compiler MSCI signaled Chinese shares will eventually be included in global benchmarks, a development that could attract more portfolio capital to the region. KEEPING SCORE: Japan’s Nikkei ...
RBS Seen Facing $4.5 Billion Tab to Settle U.S. Mortgage Lawsuit
May 27th, 2015
Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, according to Bloomberg Intelligence. RBS may be closer to JPMorgan ...