Search Results for: Africa
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
FSB warns regarding an online trading company
October 13th, 2015
The Financial Services Board (FSB), an independent institution established by statute to oversee South African non-banking financial services industry, warns the public to act with caution when dealing with Broker Capital, an entity which is not authorised in terms of the Financial ...
Citi dials down risky block trading amid market turmoil
October 13th, 2015
Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough choice: to dial down risk-taking in the bank’s capital markets group. Phil Drury and Doug Adams, then co-heads ...
Gold hits 7-week high as traders bet on U.S. rate hike delay
October 12th, 2015
Gold reaches highest since August at $1,166.60/oz Dollar near 3-week low after Fed minutes Hedge fund, money managers lift bullish bets to 4-mth high Gold rose to 7-week highs on Monday as expectations that the Federal Reserve will postpone ...
Russian companies are preparing to withdraw from London Stock Market
October 12th, 2015
Eurasia Drilling, Uralkali, Polyus mull value of foreign stock More may seek to delist as share values slide: BCS’s Chuyko Russian expansionism is going into reverse, at least on the London stock market. Three of Russia’s major commodity-related companies ...
First Europe entry for giant employment law firm
October 8th, 2015
Littler Global Enters Europe with Expansion Into Germany Germany’s Leading Labor and Employment Firm, vangard, Joins Littler’s Global Platform Littler has issued an announcement to inform that has added vangard, a leading labor and employment law boutique in Germany, to ...
Boerse Stuttgart Launches New Exchange System, Xitaro, Powered by Nasdaq
October 8th, 2015
Nasdaq’s Genium INET is Now Powering Germany’s Leading Exchange for Retail Investors Nasdaq (Nasdaq:NDAQ) and Boerse Stuttgart have officially announced that Boerse Stuttgart, Germany’s leading exchange for retail investors, has gone live on Genium INET. The system named Xitaro will be used ...
IMF: Uncertainty, Complex Forces Weigh on Global Growth
October 7th, 2015
Global growth moderate and uneven, forecast at 3.1 percent this year, 3.6 percent in 2016 Disparate fortunes between the advanced and emerging market and developing economies Lower commodity prices weigh on commodity exporters The IMF’s latest World Economic Outlook (WEO) foresees ...
PwC FY15 global revenues increase 10% to US$ 35.4 billion
October 6th, 2015
Strongest revenue growth in eight years Double-digit growth in Middle East and Africa (16%), North America and the Caribbean (12%) and Australasia and Pacific Islands (11%) Total workforce tops 208,000 a record number, with 53,000 people joining in FY15 ...
Wargaming Selects Computop to Cut Costs and Increase Reliability of International Payment Processing
October 2nd, 2015
Computop, a top payment service provider (PSP), has been selected by leading free-to-play developer and publisher Wargaming to process payments within Europe, the Middle East and North Africa. Following a strategic review of its payments partners to streamline, reduce ...