Search Results for: EC
Copper rises 0.22% on spot demand
July 3rd, 2014
Copper prices moved up by 0.22 per cent to Rs 439.60 per kg in futures trade today as speculators created fresh positions on rise in demand in spot market. At the Multi Commodity Exchange, copper for delivery in November ...
American Express ‘Take It or Leave It’ Rule Goes on Trial
July 3rd, 2014
American Express Co. (AXP) drives a hard bargain with businesses that want to attract its affluent cardholders: treat the card like any other form of payment despite higher processing costs if you want those customers. The lender prohibits businesses ...
US Foreign Account Tax Compliance Act Takes Force
July 3rd, 2014
In what the United States Administration has called an “effort to crack down on tax evasion and reduce the tax gap,” the Foreign Account Tax Compliance Act came into effect on July 1. Enacted in March 2010, FATCA adds ...
Most Emerging-Market Stocks Advance Before U.S. Payroll Report
July 3rd, 2014
Most emerging-market stocks rose, with the benchmark index holding near a 14-month high, before U.S. jobs data and a euro-area monetary-policy decision today. Anhui Conch Cement Co. (914), China’s largest producer, rose 5.1 percent in Hong Kong after saying ...
Silicon Valley venture capitalist Tim Draper wins bitcoin auction
July 3rd, 2014
Venture capitalist and entrepreneur Tim Draper is rolling in bitcoins after winning a U.S. government auction Monday. He bought 29,656 bitcoins — a new form of digital currency — from a trove that the government seized in a raid ...
Nikkei snaps 3-day winning streak as market awaits US payrolls
July 3rd, 2014
Japanese stocks dropped on Thursday, snapping a three-day winning streak as investors took a breather from recent gains as they awaited the outcome of the US jobs data later in the day. Toshiba Corp, however, soared on a report ...
Wall Street set to extend highs
July 2nd, 2014
The rally on Europe’s main equities markets is continuing, after fresh prices data for the eurozone did not contain any unpleasant surprises ahead of this week’s European Central Bank policy meeting. The region-wide FTSE Eurofirst 300 is up 0.4 ...
Irishman fined €2,000 for Facebook ‘frape’
July 2nd, 2014
An Irish court has brought the first prosecution for criminal damage to a social media account, fining a man €2,000 for falsely posting an offensive status update on his ex-girlfriend’s Facebook account. Referred to by the slang term to ...
EU approves conditional Telefonica deal
July 2nd, 2014
Telefonica SA (TEF) won European Union approval to merge its German unit with Royal KPN (KPN) NV’s E-Plus after it pledged to bolster smaller rivals and divest spectrum, the European Commission said. Telefonica must sell as much as 30 ...
How Much Did Google Pay For Songza?
July 2nd, 2014
Seeking to make Google Play Music a top competitor, Google Inc. bought music streaming service Songza, Reuters reported on Tuesday. Google revealed it will discover how to integrate aspects of Songza into its existing streaming service in the coming ...