Search Results for: IG Group
Stewarts to launch tax litigation team to capitalise on boom in tax disputes
August 20th, 2014
Stewarts Law will launch a tax litigation group in 10 weeks’ time to hone in on the swathe of tax-related cases hitting the courts. The new specialist group will join the litigation firm’s nine specialist areas, which include the ...
Billionaire Named in Suit Against Anti-Iran Group
August 19th, 2014
A billionaire Wall Street commodities investor has been drawn into a court fight against one of the nation’s most influential anti-Iran advocacy groups. The fight stems from a defamation lawsuit by Victor Restis, a Greek businessman whom the group, ...
Big Banks’ ‘Living Wills’ Get Failing Grade
August 6th, 2014
Wall Street banks spent two years asking U.S. regulators what they should put in hypothetical bankruptcy plans to prove they aren’t “too big to fail.” The agencies broke their silence yesterday with a grade: Fail. The Federal Reserve and ...
AIG settles bailout-era lawsuit for $960m
August 5th, 2014
AIG agreed to pay $960m to resolve a shareholder lawsuit that had demanded compensation for the collapse in the insurance group’s value when it was bailed out by the US government in 2008. Shareholders led by the state of ...
Microsoft must provide foreign customer’s e-mails
August 1st, 2014
Microsoft Corp must turn over a customer’s emails stored in a data center in Ireland to the US government, a US judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies. ...
Alibaba Is Investing big in U.S. Tech Companies
August 1st, 2014
Chinese Internet retailer, Alibaba Group, is going to America with plans for big investment. In March, Alibaba made a $215 million investment in Tango, a messaging app. It recently contacted Snapchat, another messaging app that this year turned down a $3 ...
India’s Tata Group marks $35 billion investment
July 30th, 2014
Unveiling a new blueprint for growth, the Tata group, India’s largest diversified business conglomerate, has communicated to the top brass of its 100-odd companies, a new vision to maximise synergies among group companies by focusing on four new clusters ...
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
Lloyds Banking Group charged with $370 million fine
July 28th, 2014
Britain’s Lloyds Banking Group (LLOY.L) has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a UK government lending scheme. The settlement ...
Hong Kong Leads Asian Equities Higher
July 22nd, 2014
Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth. Aluminum Corp. of ...
