Search Results for: mining
High-Frequency Fight Starts in Foreign Exchange
April 17th, 2014
Foreign-exchange dealers say they have the solution to the high-frequency trades eroding banks’ profits across financial markets. A currency-dealing platform known as ParFX, established in 2011 by firms from Deutsche Bank AG to Citigroup Inc., was approached last month ...
European Stocks Rise Before U.S. Data as Tesco Rallies
April 16th, 2014
European stocks rose the most in three weeks as investors weighed earnings reports and awaited data that may show American housing and industrial activity increased. U.S. index futures and Asian shares climbed. Tesco Plc advanced the most since 2012 ...
China consumer prices rise, but industry deflation persists
April 11th, 2014
China’s consumer inflation rate increased in March as fresh food prices jumped, but persistent deflation in the industrial sector was another signal of weak demand and slowing growth in the world’s second-largest economy. The consumer price index (CPI) rose ...
Ukraine Mounts Security Push as Russia Warns on Civil War
April 9th, 2014
Ukrainian authorities sent security forces to Kharkiv to clear the country’s second-biggest city of separatists as U.S. Secretary of State John Kerry accused Russia of using “special forces and agents” to spark unrest. An “anti-terrorist operation” was under way ...
U.K. Industrial Output Surges More Than Forecast
April 8th, 2014
U.K. industrial production rose more than economists forecast in February bolstered by a surge in factory output that points to a continuing economic recovery. Production increased 0.9 percent from January, when it was unchanged, the Office for National Statistics ...
Audits of Special Purpose Frameworks: Obtaining Substantive Evidence from Engagement Letters
April 3rd, 2014
For some auditors, obtaining engagement letters has become a routine procedure. Copying the letter format from purchased practice aids, making slight modifications to the content and mailing the letter for signature by an entity’s president or board chairman has ...
US Senator: Coal Boss Has ‘Blood on His Hands’
April 3rd, 2014
Four years into the criminal investigation of the nation’s worst mining disaster in decades, federal officials told ABC News that prosecutors are now focused on the role of West Virginia coal boss Donald L. Blankenship. “I believe this permeated ...
R&D Tax Credit Can Help High-Growth Companies
April 2nd, 2014
As a company grows, execs should be aware that changes in the firm’s legal structure can affect its R&D credit. In 2010, U.S. businesses reported research and development tax credits exceeding $8.5 billion. Therefore, it’s not surprising that a ...
Europe Index Futures Rise With Asia as Yen Retreats
April 2nd, 2014
European index futures climbed with Asian stocks, Treasuries fell and the yen retreated before reports that may signal the U.S. economic recovery is gathering pace. New Zealand’s dollar weakened and gold rebounded. The MSCI Asia Pacific Index added 0.4 ...
CySec: Council Regulation
March 31st, 2014
The Cyprus Securities and Exchange Commission (CySec) informs, the Cyprus Investment Firms, the Management Companies and the Administrative Services Companies (‘the Regulated Entities) about the publication in the Official Journal of the European Union of the Council Implementing Regulation ...