Search Results for: EU
Asian shares slump as Ukraine tensions flare
August 29th, 2014
Asian shares slumped on Friday, after flaring Ukrainetensions spoiled investor risk appetite and bolstered the safe-haven yen. Ukraine’s president said Russian troops had entered his country in support of pro-Moscow rebels who captured a key coastal town, escalating a five-month-old ...
Bank of America seeks to void verdict in $1.27 billion ‘Hustle’ case
August 29th, 2014
Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27 billion penalty. Bank of America ...
OSB Daily Technical Analysis
August 29th, 2014
OSB Daily Technical Analysis for August 29, 2014 EUR/USD closed largely unchanged yesterday from the previous days close after testing the 1.32 level in the early session. This suggests some consolidation following the sharp declines since mid-August and seven ...
Irish Panel to Pick Privacy Regulator With Global Reach
August 29th, 2014
In the coming weeks, an Irish government committee is set to pick the country’s new data privacy regulator, a relatively obscure position but one with global sway. The five-person panel of civil servants and privacy experts will choose a ...
Is Russia connected to JPMorgan hacking?
August 29th, 2014
Security experts say the sophistication of the attacks suggest they were state sponsored. Federal investigators are trying to determine if state-sponsored Russian hackers were behind the coordinated cyber attacks that looted data from JPMorgan Chase and other banks this ...
FSA takes administrative action against Kookmin Bank
August 28th, 2014
The Financial Services Agency (FSA) has taken some administrative actions against Kookmin Bank, Japan Branches. Following its on-site inspection and the report prepared by the Japan Branches based on Article 24, paragraph 1, and Article 48 of the Banking ...
Telecom Italia bids $9.25 billion for Vivendi’s GVT
August 28th, 2014
The battle over Brazil’s telecoms market intensified on Thursday as European competitors Telecom Italia and Telefonica made rival offers for Vivendi’s Brazilian broadband business GVT. Vivendi, which will examine the bids at a Thursday board meeting, must now choose ...
Mega-IPO to rekindle the ‘bromance’ behind Alibaba’s rise
August 28th, 2014
Masayoshi Son’s nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could ...
Bitcoin shows staying power as online merchants chase digital sparkle
August 28th, 2014
Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power. “Bitcoin isn’t going anywhere; it’s ...
Bringing It Back Home
August 28th, 2014
An increasing number of American companies are making plans to shift their headquarters to Europe. These so-called “inversions” would reduce these companies’ total tax bill by allowing them to escape from the United States’ uniquely unfavorable corporate tax rules. ...
