Search Results for: EC
Case closed in favor of INTL FCStone in Sentinel case
August 22nd, 2014
INTL FCStone Inc. (Nasdaq:INTL) (“the Company”) announced on March 19, 2014 that the U.S. Court of Appeals for the Seventh Circuit had reversed the trial court’s January 2013 decision against its subsidiary, FCStone, LLC, in the Sentinel matter. Because ...
Citigroup facing restrictions on sales of hedge fund investments
August 22nd, 2014
Citigroup Inc has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the Securities and Exchange Commission, the Wall Street Journal reported. The ...
At Bank’s Terrorism Trial, Victim Testifies About Suicide Bombing in Israeli Bar
August 22nd, 2014
Mr. Faudem recalled that he and his girlfriend soon ducked back inside, and he remembered seeing a friend, whose birthday it was, onstage singing. “Then, the explosion. The explosion. There was a bomb,” Mr. Faudem testified on Thursday. “I ...
Indian States towards GST Implementation
August 22nd, 2014
The Empowered Committee of State Finance Ministers made significant progress towards the implementation of a Goods and Services Tax (GST). While a number of hurdles remain, the Government was said to have reassured states about the payment of compensation ...
Keeping the accountants accountable
August 22nd, 2014
Tax avoidance is always a hot topic, never more so than with the recent stream of famous individuals involved in the Liberty scheme. The fact that some of these 1,600 stars risk bankruptcy highlights just how serious these cases ...
Gold – Drops Sharply to Support at $1275
August 22nd, 2014
Gold for Friday, August 22, 2014 Over the last few days Gold has been easing lower back towards the medium term support level at $1290 however in the last 24 hours it has fallen sharply back to the previous ...
Germany approves RWE unit sale to Russian investor
August 22nd, 2014
Germany’s economy ministry will approve the sale of utility RWE’s (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions and sanctions between Russia and the West over the Ukraine crisis, two people familiar with the matter ...
Shares, stocks and corporate news overview
August 22nd, 2014
European markets are set for a lower open this morning ahead of a long weekend here in the UK. The day will be fairly low-key with no major economic data being released, and investors have turned their attention to ...
Australia 200 – Consolidates Below 5650 after Six Year High
August 22nd, 2014
Australia 200 for Friday, August 22, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 a couple of days ago before easing off in the last 24 hours ...
China’s Natural Gas Demand Set to Triple by 2040
August 22nd, 2014
According to a new report from the U.S. Energy Information Administration, China’s demand for natural gas is set to triple over the next 25 years. Natural gas demand in China is projected to hit 17.5 trillion cubic feet (tcf) in ...