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OPEC Brings Oil Price War Home in Pursuit of Asia’s Cash
October 20th, 2015
Members discounting their crude to lure Asian buyers Kuwait’s official selling price diverges from Saudi Arabia When it comes to deciding how much to charge Asian oil buyers, OPEC members are showing little regard for tradition. Suppliers from the Organization ...
The 10 Richest Investors in the World
October 19th, 2015
We all know the world of financial investing can be extremely lucrative. Forbes’ 2015 annual World Billionaires List sheds light on some of the richest billionaire investors and how they amassed their enormous wealth. Below is a rundown of ...
VW Loses Market Share in Europe as Diesel-Motor Recalls Loom
October 16th, 2015
Gain of 8.3% lagged behind industry growth of 9.8% last month VW showed “noticeable uptick” in German discounting: Barclays Volkswagen AG failed to keep pace with European competitors as the German carmaker’s market share slipped last month in the ...
Investor Seeks to Hold Ernst & Young Liable for Madoff Losses
October 15th, 2015
Court papers show FutureSelect invested about $200 million Ernst & Young failed to serve as a gatekeeper for a Washington investment firm that sank millions of dollars into Bernard Madoff’s investment firm and should be held liable for its losses, ...
ASIC cancels the license of Forex Broker Firm
October 15th, 2015
Following its investigation, ASIC has cancelled the Australian financial service licence (AFSL) of LSG Group Pty Ltd , formerly known as NZ Global Financial Trading Pty Ltd, Easy Capital Global Pty Ltd and AIFA Global Pty Ltd (ACN 154 ...
Crude oil treads water as oversupply, China economy concerns persist
October 14th, 2015
Crude oil futures traded largely unchanged on Wednesday after falling by just over one percent in the previous session on an International Energy Agency report that said the market would remain oversupplied for at least another year. Front-month Brent ...
Formal Complaints against Mr Stephen Harrison and PwC, and Mr Stephen Hill and David Wells relating to Connaught plc
October 13th, 2015
The Financial Reporting Council’s Executive Counsel has delivered two disciplinary Formal Complaints in connection with the conduct of: Stephen Harrison (PwC’s Senior Statutory Auditor and Audit Engagement Partner) and PwC in relation to the audit of the financial statements ...
Volante Technologies launches VolPay Hub
October 12th, 2015
VolPay Hub is a highly scalable, high performance, configurable, next generation payments hub. VolPay Hub is channel and payment type agnostic and designed to dramatically reduce time to revenue for digital payment processing by centralizing and accelerating the integration ...
Plus500 informs on Trading Metrics
October 12th, 2015
Plus500, an online service provider for retail customers to trade CFDs internationally, has a issued an announcement to inform regarding trading metrics for the three months ended 30 September 2015. In the nine months to 30 September 2015, revenue ...
What OPEC’s New Romance with Russia Means for Oil Prices
October 12th, 2015
For years, the Organization of Petroleum Exporting Countries (OPEC) has courted Russia, though without much success. It’s easy to see why the attraction is there; the world’s largest country has huge oil reserves and the geopolitical clout to ...
