Search Results for: IG Group
Investigation Reveals Surprising Way Foreign Governments Buy Influence In D.C.
September 9th, 2014
An investigation by The New York Times has found that several prominent Washington, D.C. think tanks have regularly taken donations from foreign entities in exchange for using their influence over U.S. policy decisions. The damning report, published in the ...
Australian Job Ads at 17 Month High
September 8th, 2014
Australian job advertisements in newspapers and on the Internet rose for a third straight month in August to hit a 17-month high, offering hope that a recent spike in unemployment might prove temporary. A survey by Australia and New ...
Biggest tax inverters ‘have $21bn offshore’
September 8th, 2014
Three US companies seeking to use controversial takeovers to cut their US tax bills hold at least $21bn in “trapped” offshore cash that the deals could unlock. According to data compiled by Moody’s for the Financial Times, the biggest ...
Swiss watchdog investigates Espirito Santo private bank
September 3rd, 2014
Switzerland’s financial regulator said on Wednesday it is investigating Banque Privee Espirito Santo SA (BPES), a Swiss private bank which is part of the Espirito Santo family’s troubled business empire. The Lausanne-based bank is owned by Espirito Santo Financial ...
Private equity groups make $500m UK North Sea oil investment
September 1st, 2014
Buyout groups Blackstone and Blue Water Energy are providing $500m to Siccar Point Energy, a new UK-focused oil company, in one of the largest ever private equity investments in North Sea oil. The move highlights the continuing international appeal ...
Bitcoin shows staying power as online merchants chase digital sparkle
August 28th, 2014
Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power. “Bitcoin isn’t going anywhere; it’s ...
U.S. loses bid to dismiss ex-AIG CEO’s $25 billion lawsuit over bailout
August 27th, 2014
A federal judge has rejected the United States’ bid to dismiss a more than $25 billion lawsuit filed by Maurice “Hank” Greenberg, the former chief executive of American International Group Inc, over the insurer’s government bailout, clearing the way ...
Burger King signs deal to buy Canada’s Tim Hortons
August 26th, 2014
Burger King Worldwide Inc (BKW.N) agreed to buy Canadian coffee and doughnut chain Tim Hortons Inc (THI.N) (THI.TO) in cash and stock to create the third-largest quick service restaurant group with sales of about $23 billion. Tim Hortons shareholders ...
Copper in Shanghai Swings Near 4-Week High as Stockpiles Fall
August 25th, 2014
Copper in Shanghai swung between gains and losses near the highest in almost four weeks after stockpiles fell the most since May and before housing data in the U.S., the second-biggest consumer of industrial metals. Stockpiles tracked by the ...
CFTC charges R2 Capital Group LLC with Fraud and Misappropriation
August 22nd, 2014
The U.S. Commodity Futures Trading Commission (CFTC) announced that on August 15, 2014, Chief Judge Marcia S. Krieger, of the U.S. District Court for the District of Colorado, issued a restraining Order freezing the assets of Defendants Ryan Tomazin ...
