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Millions stolen from UAE bank customers in ATM scam

October 23rd, 2014 (0)
A gang of Eastern Europeans has been arrested by police in Dubai on suspicion of stealing millions of dirhams from ATM customers in the UAE. According to 7Days newspaper police arrested the gang after uncovering their elaborate scam that ...

Nokia beats market expectations in third-quarter

October 23rd, 2014 (0)
Finland’s Nokia on Thursday beat market expectations as it reported strong third-quarter profit growth and lifted the profitability outlook for its core network unit on the back of network roll-outs in North America and China. The network unit showed ...

RBA Keeping Close Eye on Lending Standards

October 23rd, 2014 (0)
Australia’s central bank is keeping a close eye on the build up of credits to housing investors and is still talking to the financial regulator over what can be done to tighten lending standards, the head of the Reserve ...

Thursday October 23: OSB Daily Technical Analysis- Currency pairs

October 23rd, 2014 (0)
OSB Daily Technical Analysis for October 23, 2014 EUR/USD sold off closing below the 1.2650 support area suggesting further downside and a test of the 1.26 handle. A close below extends to bottom of the current range at in ...

P&G shuffles management, focuses on gaining market share

October 23rd, 2014 (0)
Procter & Gamble Co (PG.N) said on Wednesday that the head of its North American business, Melanie Healey, will retire next June, as the company puts together a new leadership team in an effort to revive sagging sales growth ...

Alpari Trading Volumes Reach $217 Billion in September

October 23rd, 2014 (0)
The Alpari group of companies have announced trading volumes in excess of $217 billion for 1-30 September 2014. Forex, precious metals and commodity trading proved particularly robust during September. Comprehensive analysis of the Scottish referendum – which included Bloomberg ...

Stocks fall as S&P 500 breaks 4-day winning streak

October 23rd, 2014 (0)
Dow drops 153 points and falls back into the red for the year. Stocks fell Wednesday, pushing the Dow Jones industrial average back into the red for the year and breaking the S&P 500’s four-day winning streak. The market ...

U.S. Court hears arguments on sex discrimination at Goldman Sachs

October 23rd, 2014 (0)
Goldman Sachs Group on Wednesday attacked expert evidence offered by attorneys for former female employees in a U.S. federal sex discrimination lawsuit, arguing there was no pattern of gender-based pay and promotion disparities at the bank. In the first ...

Boeing’s profit jumps 18 percent; raises 2014 earnings forecast again

October 22nd, 2014 (0)
Boeing Co (BA.N) reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand. The company earned $1.36 billion, or $1.86 per share, for the third ...

How Wall Street Is Killing Big Oil

October 22nd, 2014 (0)
Lee Raymond, the famously pugnacious oilman who led ExxonMobil between 1999 and 2005, liked to tell Wall Street analysts that covering the company would be boring. “You’ll just have to live with outstanding, consistent financial and operating performance,” he ...
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