Search Results for: Sage
French bank turns to Twitter for money transfers
October 14th, 2014
One of France’s largest banks,Groupe BPCE, launched a service on Tuesday to allow its customers to transfer money to other people via tweets on social network Twitter Inc. (TWTR.N). Groupe BPCE , France’s second largest bank by customers, is an ...
Revenue & Customs set to miss target for prosecution of tax evaders
October 13th, 2014
Tax authority set a target of 1,165 people a year by 2014/15, but analysis of the last tax year shows it prosecuted just 795. HM Revenue and Customs has fallen behind in its pursuit of criminal prosecutions for tax ...
Icahn: Apple shares sell at ‘half price’ value
October 10th, 2014
As a major Apple shareholder, Carl Icahn thinks his stock in the iPhone maker should have more iValue. So Icahn — who owns 53 million shares in Apple —on Thursday fired off a note to Apple CEO Tim Cook. ...
Alcoa Earnings Rebound as Aluminum Use Rises in Autos
October 9th, 2014
Alcoa Inc. (AA), the largest U.S. aluminum producer, reported its highest earnings in three years after prices rebounded and demand increased from car, truck and plane makers. Profit excluding one-time items was 31 cents, the New York-based company said ...
I.M.F. Asks Rich Nations for Support
October 8th, 2014
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track. The International Monetary Fund, showing heightened concern over a slowing world economy, said on Tuesday ...
U.S. Said to Ready Charges Against Banks in Forex Rigging
October 8th, 2014
U.S. prosecutors are pressing to bring charges against a bank for currency-rate rigging by the end of the year, and actions against individuals will probably follow in 2015, according to people familiar with the probe. While federal prosecutors have ...
Dukascopy: Reduction of maximum leverage on EUR/CHF exposures
October 6th, 2014
Dukascopy Europe has announced the implementation of a maximum leverage for EUR/CHF exposures of 1:10 as of 12 October 2014, due to the possibility of a break of the 1.2000 floor in EUR/CHF which may see significant price gaps ...
Lagarde warns of ‘new mediocre’ era
October 3rd, 2014
The world economy is threatened by a mediocre era of low growth for a long time, warned Christine Lagarde as she signalled cuts to the global outlook for 2015. Ms Lagarde, managing director of the International Monetary Fund, said ...
Draghi’s Buying Spree for the ECB Might Start Modestly
October 2nd, 2014
When Mario Draghi writes his first check to pay for asset purchases, he might not use much ink. While the European Central Bank president pledged to start a program this month to buy asset-backed securities and covered bonds, initial ...
US SEC gives largest-ever Whistleblower Award of more than $30M
September 23rd, 2014
The U.S. Securities and Exchange Commission, or SEC, announced Monday that it will give out the largest-ever whistleblower award to an anonymous tipster who lives outside the country. The whistleblower will receive more than $30 million for providing crucial ...
