Search Results for: EU
Best Buy profit beats, sending shares higher
November 20th, 2014
Best Buy reported quarterly earnings and revenue that beat analysts’ expectations on Thursday, sending shares sharply higher in premarket trading. Following the report, shares of Best Buy rose more than 8 percent in trading prior to the opening bell. The ...
SpectroCoin Launches Bitcoin-to-Cash Service in 25 Countries
November 20th, 2014
SpectroCoin is now allowing its customers to convert bitcoin into cash in 25 countries across Europe and Central Asia. The announcement is the latest from the UK and Lithuania-based bitcoin services provider, which added merchant processing to its existing brokerage and ...
Wall Street Used Commodities Storage, Tankers for Unfair Gain, Senate Panel Finds
November 20th, 2014
Wall Street’s biggest banks have used their ownership of metals warehouses, oil tankers and other commodities businesses to gain unfair trading advantages and dominate markets, according to a U.S. Senate investigation. In a report on Goldman Sachs Group Inc., ...
Switzerland To Join Multilateral Convention On AEOI
November 20th, 2014
The Swiss Federal Council has approved plans for the nation to join the Multilateral Competent Authority Agreement (MCAA) on the Automatic Exchange of Financial Account Information, describing it as a logical step, after it agreed in principle in May ...
Thursday November 20: OSB Daily Technical Analysis – Currency pairs
November 20th, 2014
OSB Daily Technical Analysis for November 20, 2014 Flat day edging slightly higher on the close after testing resistance at the 1.26 handle. A close above extends to 1.2630-50 area. More consolidation in the 1.25-26 area likely to remain ...
As U.S. hearings loom, Takata faces long slog in air bag crisis
November 20th, 2014
Takata Corp (7312.T) faces a long battle to gauge the fallout from a fast-moving air bag crisis as recalls mount up, adding to the costs for the loss-making Japanese auto partsmaker. Two U.S. Senators have called a news conference on ...
Technical Analysis: Currency pairs – Nov 20
November 20th, 2014
Technical Analysis for November 20, 2014 EUR/USD attempts to cross over 1.257 line but failed and it has formed double top at 1.257 level. A break over 1.258 will target 1.257 next and this will bring further heavy bullishness in ...
Islamic finance body AAOIFI to revise four standards, eyes sukuk
November 20th, 2014
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will revise four of its standards in the first half of next year while expanding its guidance for Islamic bonds, the industry body said. Earlier this month, AAOIFI issued ...
BNP Baribas: Another blow for France’s beleaguered bank
November 20th, 2014
Just months after paying a $9 billion fine to the American authorities for violating sanctions against Cuba, Iran and Sudan, BNP Paribas is back in the gunsights. France’s national financial prosecutor is looking into allegations that senior figures at ...
Yen Falls to Seven-Year Low on Election Outlook as Won Drops
November 20th, 2014
The yen declined to a seven-year low versus the dollar amid speculation Prime Minister Shinzo Abe will win elections and extend his economic stimulus program. Japan’s currency dropped against all except one of its 16 major counterparts. A gauge ...
