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IMF Head: Cryptocurrency Could Be the Future
October 3rd, 2017
Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are ...
FBI arrests Israeli binary options CEO
September 27th, 2017
The CEO of an Israeli binary options company accused of defrauding investors out of millions of dollars was doubtless surprised to find herself surrounded by FBI agents shortly after arriving in the United States last week. Binary options is ...
US bank CEOs are likely ‘very afraid’ of bitcoin, says wealth advisor
September 21st, 2017
CEOs of U.S. banks are likely “very afraid” of bitcoin, according to a wealth advisor. Some financiers have said the cryptocurrency is an unwise investment because of its volatility or supposedly weak store of value, but bank chiefs have ...
PwC UK reported record revenue of £3.60bn for the year ended 30 June 2017
September 18th, 2017
PwC UK, the professional services firm, has reported record revenue of £3.60bn for the year ended 30 June 2017, up 5% from £3.44bn last year, as the firm continues to invest in people, technology and its regional presence in ...
Deloitte announces record global revenue of US$38.8 billion
September 15th, 2017
Deloitte Global today reported aggregate member firm revenue of US$38.8 billion for the fiscal year ended 31 May 2017 (FY2017), representing a 7.1 percent revenue increase in local currency terms or a US$2 billion revenue increase and 8.3 percent ...
Oil prices dip as traders assess U.S. hurricane impact
September 12th, 2017
Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts in the wake of Hurricane Harvey that should lead to more crude oil processing. ...
Former Tesco executives set to appear in court on fraud charges
September 4th, 2017
Three former Tesco executives will appear in court, charged with fraud relating to the supermarket’s 2014 accounting scandal. The three men were charged by the Serious Fraud Office (SFO) last September, and pleaded not guilty to the charges at ...
French Finance Minister Outlines French Corporate Tax Cut Plans
September 1st, 2017
French Finance Minister Bruno Le Maire has confirmed that the Government will legislate for several tax measures designed to increase France’s tax competitiveness in the upcoming Budget for 2018. In a speech to France’s main employers’ union, MEDEF, on ...
Deloitte records double-digit revenue growth
August 29th, 2017
Deloitte, the business advisory firm has issued today a press release to announce financial results for year ended 31 May 2017. According the press release announcement: Highlights Revenue up 11.2% to £3.4bn (2016: 13.6%)1 In the UK, double digit ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
