Search Results for: Abe
Bitcoin is suddenly on pace to have its worst week since 2015
June 16th, 2017
After surging briefly to an all-time high of $3,000, bitcoin has been undergoing a dazzling reversal of late, with the digital currency on track to post its worst weekly decline in more than two years. Bitcoin BTCUSD, +1.77% has ...
Google faces big fine in first EU case against search practices
June 16th, 2017
Search giant is braced for a fine that could top €1bn with decision expected shortly Google is braced for a fine of potentially more than €1bn as Brussels prepares to announce the first of its trio of antitrust decisions ...
UK pound tumbled, Asian stocks and U.S. futures gain while yen and gold decline
June 9th, 2017
May’s Conservative party forecast to win without majority Asian stocks, U.S. futures gain while yen and gold decline It wasn’t a day to rival the Brexit vote. While the pound tumbled as the U.K. faces a hung parliament and ...
Uber’s Finance Head Leaves Amid $708 Million Loss
June 1st, 2017
Uber Technologies Inc’s head of finance is leaving as the ride-hailing company reported continued big losses for the first quarter, the Wall Street Journal reported on Wednesday. The ride-hailing company’s first-quarter revenue was $3.4 billion, up 18 percent from ...
BNP Paribas to pay a $350 million fine for illegal conduct in Forex trading
May 25th, 2017
DFS fines BNP Paribas $350 million for illegal, unsafe and unsound conduct in connection with BNPP’s foreign exchange trading business Foreign Exchange “Cartel” Manipulated Foreign Exchange Rates, Engaged in Collusion, Executed Fake Trades, Coordinated Trading to Enhance Profits at ...
FCA secures eight confiscation orders totalling almost £2.2 million
May 24th, 2017
The Central Criminal Court has made confiscation orders against the two final defendants who were convicted of offences following one of the FCA’s largest investigations into unauthorised activity. The FCA’s investigation, known as Operation Cotton, led to eight convictions ...
Facebook face EU regulators fines; why?
May 18th, 2017
Facebook suffered a setback on Tuesday over how it uses the reams of information it collects about users worldwide, after two European privacy watchdogs said that the social network’s practices broke their countries’ data protection rules. The announcement by ...
$25 Billion in 30 Days: Are Cryptocurrencies in a Bubble?
May 11th, 2017
The combined market capitalization of all public cryptocurrencies has surged nearly 80% over the last month, as more than $20bn worth of new investment dollars has flooded the nascent market. In roughly 30 days alone, the market cap for ...
Breaking: BaFin restricts CFD trading
May 9th, 2017
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) today issued a General Administrative Act pursuant to section 4b of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). The General Administrative Act restricts the marketing, distribution and sale ...
Unemployment rates in the EU regions ranged from 2.1% to 31.3%
May 2nd, 2017
More than 80% of the NUTS 2 regions of the European Union (EU) saw their unemployment rate fall in 2016 compared with 2015, and around 60% recorded a decrease of at least 0.5 percentage points. However, regional unemployment rates ...
