Search Results for: Bank of America
Clashes with Russia point to globalization’s end
August 4th, 2014
As the European Union and the United States ramp up their sanctions on Russia, President Vladimir Putin’s plans for retaliation seem to include an attack on McDonald’s. There could not be a more powerful symbol that geopolitics is increasingly ...
Microsoft must provide foreign customer’s e-mails
August 1st, 2014
Microsoft Corp must turn over a customer’s emails stored in a data center in Ireland to the US government, a US judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies. ...
Canada’s Dollar Touches 7-Week Low on Growth Concern
August 1st, 2014
Canada’s dollar touched the weakest level in almost two months as data showing the economy expanded in May failed to damp concern growth is lagging behind that of the U.S., its largest trading partner. The currency later erased losses ...
Microsoft Probe Fuels China Uncertainty
July 31st, 2014
It’s hard to keep a straight face as China accuses Microsoft of “monopolistic behavior” and raids its offices in Beijing, Shanghai and elsewhere. What, that cartel known as the Communist Party suddenly has a problem with large organizations that ...
CFTC Says Flexibility essential to Oversee Cross-Border Swaps
July 31st, 2014
U.S. regulators need flexibility in overseeing cross-border swaps, a lawyer for the Commodity Futures Trading Commission told a federal judge as he defended the agency’s reliance on guidance rather than formal rules in a lawsuit brought by Wall Street’s ...
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
West TX Oil drops Before Stockpile Data
July 30th, 2014
West Texas Intermediate crude traded near the lowest price in two weeks before government data that may signal the strength of fuel consumption in the U.S., the world’s biggest oil user. Brent fell in London. Futures were little changed ...
Argentine’s debt must be paid to holdouts
July 29th, 2014
Argentina’s battle in courts for over a dozen of years against the claims of holdout investors in its defaulted debt, did not turn out positively. The holdouts, led by Paul Singer’s Elliott Capital Management and Mark Brodsky’s Aurelius Capital ...
Japan plans to finance foreign Coal Plants
July 29th, 2014
Following U.S’s and Europe’s negligence for supporting overseas coal projects, Japan has seize the opportunity to advance in this sector. According to the Wall Street Journal, on July 23, Japanese plans were set out in order to support coal-fired ...
Russia faces more sanctions from the U.S. and Europe
July 29th, 2014
The United States and Europe have unitedly decided to increase the economic sanctions against Russia since they fear that Moscow might be planning an invasion in Ukraine soon. After months in which European leaders resisted going as far as ...
