Search Results for: Sage
Facebook beats Wall Street targets, stock hits record high
July 24th, 2014
Facebook Inc’s fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street’s financial targets and sending shares to a record-high in after-hours trading on Wednesday. The world’s No.1 Internet social ...
Bank of England unease grows despite keeping rates at 0.5%
July 23rd, 2014
Bank of England policymakers are growing increasingly uneasy at leaving interest rates at a record low of 0.5%, minutes of their latest meeting revealed. The public record of the July meeting of the Bank’s monetary policy committee (MPC) showed ...
Yahoo buys app analytics firm Flurry
July 22nd, 2014
Yahoo has acquired an app analytics firm, Flurry, to help boost its advertising revenue from smartphones. Flurry helps app developers analyse data about their users and deliver more personalised ads to them. Some of Yahoo’s rivals have also bought ...
Russian Billionaires in ‘Horror’ as Putin Risks Isolation
July 21st, 2014
Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the ...
Feds explore Chinese trade secrets case
July 18th, 2014
The value of the patented seed allegedly stolen from U.S. seed corn companies likely exceeds $500 million, federal prosecutors said Thursday. The new estimate surfaced in a custody hearing Thursday for Mo Yun, a Chinese woman charged as part ...
MAS against money laundering and terrorist financing
July 17th, 2014
The Monetary Authority of Singapore (MAS) is seeking public feedback on proposed new measures to further protect Singapore’s financial system from being used to launder money or finance terrorism. A consultation paper has been released on Tuesday (July 15). ...
Bank of China Hires in Hong Kong as High-Yield Bond Trade Starts
July 16th, 2014
Bank of China Ltd. is hiring traders and sales people in Hong Kong as it sets up a high-yield bond-trading platform to boost market share and cement its position as one of Asia’s top 10 debt underwriters. Surging sales ...
UK Government defends mass interception of online data at tribunal
July 15th, 2014
Mass interception of online communications by intelligence agencies is necessary – even if only one person is being targeted, lawyers for the UK government have told a tribunal hearing complaints about surveillance. The government’s arguments were disclosed as lawyers ...
Yahoo earnings: All eyes on Alibaba
July 15th, 2014
This will not be the quarter Yahoo finally begins showing new signs of life, say analysts. But for investors, it won’t matter, because Tuesday’s earnings announcement is all about Chinese web portal Alibaba. Analysts expect flat earnings and revenue ...
U.S. prosecutors offer junior UK traders immunity in forex probe
July 14th, 2014
Prosecutors from the U.S. Department of Justice are offering immunity deals to junior traders in London as they continue to investigate the alleged rigging of foreign exchange rates by banks and senior traders, the Financial Times reported, citing sources. ...
